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The global acrylic polymer market was valued at USD 580 million in 2021 and is projected to reach USD 709 million by 2026, growing at 4.1% cagr from 2021 to 2026. The market for cleaning application is expected to register a 4.1% CAGR between 2021 and 2026. The water-borne accounted for the largest market share of 93.8% in 2020, in terms of value. Laundry & Detergent is estimated to be the largest application of acrylic polymer market for cleaning application during the forecast period, followed by dish washing in terms of volume.
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Acrylic Polymer Market worth $709 million by 2026 - Exclusive Report by MarketsandMarkets™ NEWS PROVIDED BY MarketsandMarkets Apr 05, 2022, 06:30 ET CHICAGO, April 5, 2022 /PRNewswire/ -- According to the new market research report "Acrylic Polymer Market for Cleaning Application by Type(Water-borne & Solvent-borne), Application(Laundry & Detergent, Dish Washing, Industrial & Institutional, Hard Surface Cleaning) & Region(APAC, North America, Europe, RoW) - Global Forecast to 2026", published by MarketsandMarkets™, the market is projected to grow from USD 580 million in 2021 to USD 709 million by 2026, at a CAGR of 4.1%. The water-borne accounted for the largest market share of 93.8% in 2020, in terms of value. Laundry & Detergent is estimated to be the largest application of acrylic polymer market for cleaning application during the forecast period, followed by dish washing in terms of volume. With the increasing population, increasing per-capita income, changing lifestyle, and increasing usage of washing machines across the globe, the demand for laundry detergent is growing, which is subsequently driving the acrylic polymer market for cleaning application. Moreover, increasing demand for liquid dish washing products in hotels, restaurants and food retails, and household applications further supports the growth of the acrylic polymer market. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=247258813 Browse in-depth TOC on "Acrylic Polymer Market"
129 – Tables 41 – Figures 144 – Pages View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/acrylic- polymer-market-247258813.html Due to the COVID-19 pandemic, there is growing awareness about hygiene and cleanliness in public places, and governments have issued guidelines to take the utmost precaution to avoid the spread of the virus. Thus, the demand for cleaning products in industrial and institutional places has increased signi?cantly across the globe, which in turn supports the growth of the acrylic polymer market for cleaning application. However, due to ?uctuating crude oil prices and increasing raw material prices across the globe, the market growth may be restricted in the upcoming years. Water-borne is the largest segment by type in the acrylic polymer market for cleaning application. Based on type, the water-borne acrylic polymer segment is estimated to account for the larger share of the overall market. The major factor driving this segment is the high solubility, dispersion in cleaning products, and increasing demand for sustainable products. It also helps to improve the cleaning products performance and e?cacy rate, owing to which it is prevalently used in Europe and North America. However, the cost of water-borne is high compared to solvent-borne. Laundry & Detergent is the largest segment by application in the acrylic polymer market for cleaning application. The laundry & detergent segment is estimated to account for the largest share of the overall acrylic polymer market for cleaning application in 2020, closely followed by the dish washing segment. With the increasing population, increasing per-capita income, changing lifestyle, and increasing usage of washing machines across the globe, the demand for laundry detergent is growing, which is subsequently driving the acrylic polymer market for cleaning application. Moreover, increasing demand for liquid dish washing products in hotels, restaurants and food retails, and household applications further supports the growth of the acrylic polymer market. Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp? id=247258813
North America is estimated to be the largest market for acrylic polymer market for cleaning application. North America accounted for the largest share of the acrylic polymer market for cleaning application in 2020, followed by Europe. In Europe and North America, stringent regulations and increasing demand for sustainable laundry & detergents and other cleaning products have supported the growth of the acrylic polymer market for cleaning application in the regions. The leading players in the acrylic polymer market for cleaning application are Dow Inc. (US), BASF SE (Germany), Toagosei Co., Ltd. (Japan), Sumitomo Seika Chemicals Co., Ltd. (Japan), Arkema (France), Nippon Shokubai Co. Ltd. (Japan), Ashland Global Holdings, Inc. (US), and others. Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=247258813 Browse Adjacent Markets: Chemicals Market Research Reports & Consulting Related Reports: Acrylic Resins Market by solvency (water-based, solvent-based, and others), chemistry, application (paints & coatings, adhesives & sealants, DIY coatings, elastomers, and others), end-use industry, and region (north america, europe, APAC, south america, MEA) https://www.marketsandmarkets.com/Market-Reports/acrylic-resin-market-246195771.html Polymer Emulsion Market by Type (Acrylics, Vinyl Acetate Polymers, SB Latex) Application (Paints & Coatings, Adhesives & Sealants, Paper & Paperboard) End-Use Industry (Buildings & Construction, Automotive, Textile & Coatings) and Region https://www.marketsandmarkets.com/Market-Reports/emulsion-polymers-market-1269.html About MarketsandMarkets™
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