The global industry size for acrylic polymer is estimated to be around USD 683.1 million in 2024 . In 2023, the market was valued at USD 642.6 million , and it is projected to exhibit a growth of 5.9% over the forecast period. The industry is estimated to cross a valuation of USD 1,200 million by 2034 .
The increasing demand from the construction industry is the key reason for the growth of the acrylic polymer market. The rising disposable income in emerging economies also drives consumer spending on durable and aesthetically pleasing goods, further boosting the demand for acrylic polymer-based products in various consumer applications. However, raw material price volatility poses a challenge, as fluctuations in the prices of acrylic monomers can impact manufacturers’ production costs and profit margins.
While driving the adoption of eco-friendly solutions, stringent environmental regulations can also increase compliance costs for industry players. The market’s dependency on petrochemical feedstocks makes it vulnerable to fluctuations in the oil and gas sector, impacting the overall cost structure of acrylic polymer production.
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