Polyacrylate Market by Application and Geography - Forecast and Analysis 2022-2026

Published: May 2022

Pages: 137

SKU: IRTNTR73405

Snapshot

The polyacrylate market share is expected to increase by USD 486 million from 2022 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.85%.

The polyacrylate market has been broadly categorized into the following demographic segmentations:

Application - Adhesives, paints and coatings, dispersants, and others
Geography - North America, Europe, APAC, South America, and Middle East and Africa

The polyacrylate market report offers information on several market vendors, including BASF SE, Arkema Group, Evonik Industries AG, Kao Corp., LG Chem Ltd., Mitsubishi Chemical Corp., Nippon Shokubai Co. Ltd., RSD Polymers Pvt. Ltd., Sanyo Chemical Industries Ltd., Sasol Ltd., SIBUR Holding PJSC, Sumitomo Seika Chemicals Co. Ltd., The Dow Chemical Co., and Yixing Danson Technology among others. COVID-19 impact analysis on the market, which will help companies evaluate their business approaches for the forecast period.

What will the Polyacrylate Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Polyacrylate Market Size for the Forecast Period and Other Important Statistics

Polyacrylate Market: Key Drivers, Trends, and Challenges

The growing demand for paints and coatings from the construction sector is notably driving the polyacrylate market growth, although factors such as uncertainties in construction projects may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the polyacrylate industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Polyacrylate Market Driver

The growing demand for paints and coatings from the construction sector is one of the key drivers fueling the polyacrylate market growth.
Paints and coatings have significant requirements in the building and construction industry.
Coatings are used in concrete molds to reduce adhesion between molds and concrete. This leads to minimizing damage to concrete blocks and reducing concrete wastage.
The growing investments in infrastructural projects and the growth of the global building and construction industry is increasing the demand for paints and coatings, which is simultaneously increasing the usage of polyacrylates.
Due to the growing requirements for water-based and powder-based coatings over traditional solvent-borne coatings, the demand for raw materials such as polyacrylates will witness an upsurge in the market during the forecast period.

Key Polyacrylate Market Trend

Strategic initiatives of market players is one of the key polyacrylate market trends contributing to the market growth.
Market vendors are focusing on new product launches and strategic expansion of their business portfolios to broaden their geographic reach and meet the growing demand for polyacrylates.
With the increasing demand for polyacrylates from end-users such as the adhesives and paint and coating industries, vendors are engaging in expansion projects and opting for partnerships and strategic alliances to improve their market reach and customer base.
In September 2020, Sulzer Chemtech installed a crystallization equipment for LG Chem Ltd. to increase the company's acrylic acid production to 160 kilotons annually at the company's complex in Yeosu, South Korea. Such instances will drive the polyacrylate market growth during the forecast period.

Key Polyacrylate Market Challenge

Uncertainties in construction projects is one of the challenges limiting the polyacrylate market growth.
In 2020, the outbreak of COVID-19 affected the global construction industry. Several construction projects were put on hold due to the regulations imposed by governments for public safety.
In December 2021, construction projects worth over $5 billion were put on hold in Afghanistan. Owing to the country's deteriorating economic conditions, many developmental, infrastructure, and building construction projects were halted. Approximately 2,500 construction companies in Afghanistan face the brunt of the halt in construction activities and uncertainties in the industry.
In March 2022, the Russian war on Ukraine and the subsequent US and western economic and political sanctions on Russia delayed the construction activities in the Russian Industrial Zone. Thus, the delays in construction activities in countries across the world have negatively impacted the demand for polyacrylates.

This polyacrylate market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global polyacrylate market as a part of the global specialty chemicals market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the polyacrylate market during the forecast period.

Who are the Major Polyacrylate Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

This statistical study of the polyacrylate market encompasses successful business strategies deployed by the key vendors. The polyacrylate market is fragmented and the vendors are deploying growth strategies such as new product launches, collaborations, partnerships, M&A, and expansion projects to compete in the market.

Product Insights and News

Basf.com - The company offers polyacrylate such as Ecodis, a full range of polyacrylic dispersing agents focused on flat, matt to semi-gloss paints.
Arkema.com - The company offers polyacrylate such as Sokalan PA 30 CL PN Granules which is a low molecular weight polyacrylic acid that is supplied in a granular form.
Evonik.com - The company offers polyacrylate such as Degacryl HS and Dynacoll AC.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The polyacrylate market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Polyacrylate Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the polyacrylate market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Polyacrylate Market?

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34% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the polyacrylate market in North America. Market growth in this region will be faster than the growth of the market in Europe.

The growth of key end-use industries, such as building and construction, automotive, and others will facilitate the polyacrylate market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 pandemic negatively impacted the regional polyacrylate market. However, in H1 2021, the initiation of vaccination drives conducted by the regional governments led to a decline in the number of COVID-19 cases in the region. This has resulted in the lifting of COVID-19-related restrictions and the reopening of manufacturing units, which has rebounded the demand for polyacrylates in the region. Thus, the polyacrylate regional market is expected to emerge from the negative impacts of the pandemic and witness growth during the forecast period.

What are the Revenue-generating Application Segments in the Polyacrylate Market?

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The polyacrylate market share growth by the adhesives segment will be significant during the forecast period. Adhesives are inert and ideal for bonding and sealing medical devices. They offer a long-lasting seal which is a necessity for these devices. Polyacrylate adhesives are preferred, working efficiently even on contaminated surfaces and medical devices. They are also used during the manufacturing of automobiles. Such applications of adhesives will drive the polyacrylate market growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the polyacrylate market size and actionable market insights on post COVID-19 impact on each segment.

Polyacrylate Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Decelerate at a CAGR of 6.85%
Market growth 2022-2026	$ 486 million
Market structure	Fragmented
YoY growth (%)	7.85
Regional analysis	North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution	North America at 34%
Key consumer countries	US, Canada, China, India, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	BASF SE, Arkema Group, Evonik Industries AG, Kao Corp., LG Chem Ltd., Mitsubishi Chemical Corp., Nippon Shokubai Co. Ltd., RSD Polymers Pvt. Ltd., Sanyo Chemical Industries Ltd., Sasol Ltd., SIBUR Holding PJSC, Sumitomo Seika Chemicals Co. Ltd., The Dow Chemical Co., and Yixing Danson Technology
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Polyacrylate Market Report?

CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will drive polyacrylate market growth during the next five years
Precise estimation of the polyacrylate market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the polyacrylate industry across North America, Europe, APAC, South America, and Middle East and Africa
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of polyacrylate market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers
- Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments
- Exhibit 24: Chart on Application - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

5.2 Comparison by Application
- Exhibit 26: Chart on Comparison by Application
- Exhibit 27: Data Table on Comparison by Application

5.3 Adhesives - Market size and forecast 2021-2026
- Exhibit 28: Chart on Adhesives - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Adhesives - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Adhesives - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Adhesives - Year-over-year growth 2021-2026 (%)

5.4 Paints and coatings - Market size and forecast 2021-2026
- Exhibit 32: Chart on Paints and coatings - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Paints and coatings - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Paints and coatings - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Paints and coatings - Year-over-year growth 2021-2026 (%)

5.5 Dispersants - Market size and forecast 2021-2026
- Exhibit 36: Chart on Dispersants - Market size and forecast 2021-2026 ($ million)
- Exhibit 37: Data Table on Dispersants - Market size and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Dispersants - Year-over-year growth 2021-2026 (%)
- Exhibit 39: Data Table on Dispersants - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026
- Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
- Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by Application
- Exhibit 44: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview
- Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison
- Exhibit 48: Chart on Geographic comparison
- Exhibit 49: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026
- Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026
- Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026
- Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026
- Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026
- Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 India - Market size and forecast 2021-2026
- Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)

7.11 Germany - Market size and forecast 2021-2026
- Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.12 Canada - Market size and forecast 2021-2026
- Exhibit 86: Chart on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 87: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
- Exhibit 88: Chart on Canada - Year-over-year growth 2021-2026 (%)
- Exhibit 89: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.13 Market opportunity by geography
- Exhibit 90: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges
- Exhibit 91: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape
- Exhibit 92: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption
- Exhibit 93: Overview on factors of disruption

9.4 Industry risks
- Exhibit 94: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
- Exhibit 95: Vendors covered

10.2 Market positioning of vendors
- Exhibit 96: Matrix on vendor position and classification

10.3 Arkema Group
- Exhibit 97: Arkema Group - Overview
- Exhibit 98: Arkema Group - Business segments
- Exhibit 99: Arkema Group - Key news
- Exhibit 100: Arkema Group - Key offerings
- Exhibit 101: Arkema Group - Segment focus

10.4 BASF SE
- Exhibit 102: BASF SE - Overview
- Exhibit 103: BASF SE - Business segments
- Exhibit 104: BASF SE - Key news
- Exhibit 105: BASF SE - Key offerings
- Exhibit 106: BASF SE - Segment focus

10.5 Evonik Industries AG
- Exhibit 107: Evonik Industries AG - Overview
- Exhibit 108: Evonik Industries AG - Business segments
- Exhibit 109: Evonik Industries AG - Key news
- Exhibit 110: Evonik Industries AG - Key offerings
- Exhibit 111: Evonik Industries AG - Segment focus

10.6 Kao Corp.
- Exhibit 112: Kao Corp. - Overview
- Exhibit 113: Kao Corp. - Business segments
- Exhibit 114: Kao Corp. - Key offerings
- Exhibit 115: Kao Corp. - Segment focus

10.7 LG Chem Ltd.
- Exhibit 116: LG Chem Ltd. - Overview
- Exhibit 117: LG Chem Ltd. - Business segments
- Exhibit 118: LG Chem Ltd. - Key news
- Exhibit 119: LG Chem Ltd. - Key offerings
- Exhibit 120: LG Chem Ltd. - Segment focus

10.8 Mitsubishi Chemical Corp.
- Exhibit 121: Mitsubishi Chemical Corp. - Overview
- Exhibit 122: Mitsubishi Chemical Corp. - Business segments
- Exhibit 123: Mitsubishi Chemical Corp. - Key news
- Exhibit 124: Mitsubishi Chemical Corp. - Key offerings
- Exhibit 125: Mitsubishi Chemical Corp. - Segment focus

10.9 RSD Polymers Pvt. Ltd.
- Exhibit 126: RSD Polymers Pvt. Ltd. - Overview
- Exhibit 127: RSD Polymers Pvt. Ltd. - Product / Service
- Exhibit 128: RSD Polymers Pvt. Ltd. - Key offerings

10.10 Sanyo Chemical Industries Ltd.
- Exhibit 129: Sanyo Chemical Industries Ltd. - Overview
- Exhibit 130: Sanyo Chemical Industries Ltd. - Business segments
- Exhibit 131: Sanyo Chemical Industries Ltd. - Key offerings
- Exhibit 132: Sanyo Chemical Industries Ltd. - Segment focus

10.11 Sumitomo Seika Chemicals Co. Ltd.
- Exhibit 133: Sumitomo Seika Chemicals Co. Ltd. - Overview
- Exhibit 134: Sumitomo Seika Chemicals Co. Ltd. - Business segments
- Exhibit 135: Sumitomo Seika Chemicals Co. Ltd. - Key offerings
- Exhibit 136: Sumitomo Seika Chemicals Co. Ltd. - Segment focus

10.12 The Dow Chemical Co.
- Exhibit 137: The Dow Chemical Co. - Overview
- Exhibit 138: The Dow Chemical Co. - Business segments
- Exhibit 139: The Dow Chemical Co. - Key news
- Exhibit 140: The Dow Chemical Co. - Key offerings
- Exhibit 141: The Dow Chemical Co. - Segment focus

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist
- Exhibit 142: Inclusions checklist
- Exhibit 143: Exclusions checklist

11.3 Currency conversion rates for US$
- Exhibit 144: Currency conversion rates for US$

11.4 Research methodology
- Exhibit 145: Research methodology
- Exhibit 146: Validation techniques employed for market sizing
- Exhibit 147: Information sources

11.5 List of abbreviations
- Exhibit 148: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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