Global Acrylic Surface Coating Market Size, Share, Forecast Report 2019-2025

The global acrylic surface coating market was valued at USD 29.2 billion in 2018, and is likely to generate a demand of USD 42.7 billion by 2025, at a CAGR of 5.6% over the next seven years. Increasing demand for acrylic surface coating across various applications along with the growing infrastructural investment in emerging economies is set to accelerate market demand over the forecast period. Moreover, high performance offered by acrylic surface coating has fueled its demand as decorative paints. However, raw material price volatility as well as threat from potential substitutes may impede the market growth.

Acrylic surface coatings, made up of acrylic or methacrylic polymers, may be defined as fast-drying paints encompassing pigments suspended in acrylic polymer emulsion. These coatings are used for varied substrates, such as concrete, plastics, and metals. Acrylic surface coatings account for the most used coatings, owing to their strong color retention property and inertness to outdoor environment.  Although these coatings are soluble in water; yet they offer excellent water resistance when in dry state and are increasingly used for functional as well as aesthetic purposes.

The years used for the assessment are as follows;

• Historical year : 2015, 2016 and 2017
• Base year  : 2018
• Forecast period: 2019 – 2025

RESEARCH METHODOLOGY

The research and analysis are based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

• Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, surveys and other secondary sources
• Interacting with key opinion leaders of the market and developing data points based on interaction with them
• Study of past trends in the market and their year on year impact on the market size and share
• Analyzing the collected data points
• Bridging the data points to calculate the acrylic surface coating market and its various segments
• Anticipating potential risks
• Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the market
• Finalizing the overall size and share for the global market

OBJECTIVES:

• To classify global acrylic surface coating market into segments to analyze their growth prospects individually
• To analyze market trends, opportunities, drivers and restraints associated with acrylic surface coatings
• Profiling key companies operating in the global market
• To study market response with respect to the mergers and acquisitions in the industry