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          Acrylic emulsion market continues to soar and is expected to reach 8 million 940 thousand tons in 2025.

          Views:1340 Author:Site Editor Publish Time:2020-03-26 16:59:10 Orgin:Site
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          Acrylic emulsion is one of the main membrane forming materials of waterborne coatings. It occupies a large proportion in raw materials of waterborne coatings, and is mainly used in building, waterproof, packaging, textile, water-based inks and jellies. It is a non-toxic, non stimulating, environmental friendly chemical raw material with excellent physical and chemical properties.


          Acrylic emulsion originated in the United States, has formed a relatively complete industrial chain, the downstream application market is more extensive. Acrylic emulsion industry is at a stable stage of development. In 2019, the global acrylic emulsion sales volume was about 6 million 150 thousand tons. In the past 5 years, the annual growth rate of the acrylic acid emulsion increased by 6.32%. In 2019, the world's acrylic emulsion capacity was about 6 million 300 thousand tons, and acrylic emulsion demand was about 6 million 500 thousand tons. In the next few years, the market scale of acrylic emulsion will continue to grow. It is expected that the market scale of acrylic acid will reach 8 million 940 thousand tons in 2025, as shown below.

          The acrylic emulsion in China is mainly concentrated in the application field of architectural coatings. China is in the stage of rapid development of urbanization and continuous improvement of housing conditions, which has a strong pull on the relevant building materials and coating industries. Waterborne coatings with acrylic emulsion as film forming material are important materials for protection, waterproof, decoration and other special functions. They are widely used in various industries such as construction, transportation, and home furnishing. In some special application environments, waterborne yellowing agents can effectively enhance the yellowing resistance of waterborne acrylic coatings and extend the service life of coatings. Coating is an important supporting material for the national economy. In 2018, the total output of China's coating industry is 25.15 million tons (including enterprises under the scale), and the total output of Enterprises above the scale is 17.5969 million tons, which is close to one third of the global scale.


          From the perspective of downstream application market, construction, industrial anti-corrosion, automobile and wood are the main application markets of coatings, among which the market share of construction coatings is about 35.3%, which is the largest application market of coatings. Anticorrosive coatings are mainly used in ships, marine engineering, railway and road transportation, containers, construction machinery, petrochemical and other fields, and the revenue of transportation equipment manufacturing industry such as railway, ship, aerospace and so on has remained stable since the 12th Five Year Plan. In addition to architectural, industrial anti-corrosion, automotive and wood coatings, coatings in other fields, including coil coating and packaging coating, are scattered.


          It is estimated that the domestic coatings market will be more than 28 million tons (including below scale enterprises) in 2020, and the market demand for acrylic emulsion in the coatings industry will be about 3 million 500 thousand tons.


          In the next few years, the market size of acrylic emulsion industry in China is expected to continue to improve.


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