Acrylic Resin Market
Global Acrylic Resin Market: Regional Analysis
The largest market for acrylic resin is visible in Asia. Asia Pacific, Europe, and North America have been dominating the acrylic resins market globally. Moderate growth in the acrylic resins market will be revealed in the regions of the U. S., Western Europe, and China due to increasing in the consumption of acrylic resins in sectors such as automotive, construction, and sign / display markets. Consumption of acrylic resins is predicted to be the fastest in Africa. The demand in the market is increasing and will continue to increase in developing nations such as Brazil, India, and Mexico. In the regions such as India and China, there are flexible regulations by the government and they have supported the market growth in the form of tax relief.
Global Acrylic Resin Market: Competitive Players
Some of the leading players in the acrylic resin market are The DOW Chemical Co., Air Products and Chemicals, Inc., Nippon Shokubai Co., Ltd., DIC Corporation, Hitachi Chemical Co., Ltd., Cargill, Novozymes, Eastman Chemical Company, BASF SE, Arkema SA, Formosa Plastics Corporation, Mitsubishi Chemical Holdings Corporation, Momentive Specialty Chemicals Inc., Evonik Industries, and Solvay.