Acrylic Protective Coating Market_PPT
                     Acrylic Protective Coating MARKET 
2020
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
Acrylic Protective Coating MARKET 2020
Acrylic Protective Coating Market 2020: Industry Survey, Growth, Competitive
Landscape and Forecasts to 2023
Acrylic Coating in generally applied on the surface of an object to serve protectoral, decorative, or an operational purpose. The end 
products or an object coated with Acrylic Protective Coatings offer an excellent gloss, finish, and clarity, along with greater weather 
ability and superior hardness. The Acrylic Protective Coatings exhibit number beneficial properties including impact resistance, 
chemical inertness, and strong adhesion. The product add value into an object or a substrate, which includes increased life span 
and durability. Acrylic Protective Coating has successfully penetrated into vast number of industries such as building & 
construction, oil & gas, automotive, marine, aerospace, mining, industrial, and energy sector. The Global Protective Coating Market 
is growing at significantly higher CAGR to reach nearly USD 23 billion by 2023, which is anticipated to fuel the demand of acrylic 
protective coating. Surge in use of paints & coatings in last decade is the major factor driving demand of the product, which 
accounts for nearly 25% share of the global paints % coating market.
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Acrylic Protective Coating MARKET 2020
Market Segmentation:
 The Global Acrylic Protective Coating Market has been segmented on the basis of product type, end use industry and region. On 
the basis of product type, the market is divided into, thermoplastic waterborne acrylic latex, thermosetting acrylic coating, 
waterborne thermosetting enamels. Among these types, waterborne thermosetting enamel is holding major share of overall 
demand of acrylic protective coatings. Waterborne thermosetting enamels are applied to automobiles, containers, aluminum and 
steel coil, and machinery and equipment. The major factor favoring the growth of this type in the market is growing environmental 
concern. The waterborne thermosetting acrylic coating is majorly used as a basecoat in automotive industry, wherein it accounts 
for more than 50% of the overall automotive basecoat. In North America, vast number of plants now use waterborne basecoats, 
and in Germany, which accounts for about 45% of total vehicle production in Europe, waterborne basecoats account for about 85% 
of the total basecoat market. Collectively, the waterborne thermosetting acrylic enamel is projected to grow at highest CAGR 
during the forecast period. Thermosetting acrylic latex is also an important type of Acrylic Coating which is mainly used in object 
finishes in industrial equipment. Growth of industrialization in developing countries is an important driving factor for this type of 
Acrylic Coating. Lastly, the thermoplastic waterborne acrylic latex (or emulsion) coatings are generally used as architectural 
finishes and, to a much lesser extent, on factory-finished wood products. In addition to these types, the solvent borne formulations 
are also find significant applications in automotive and light-truck topcoats and as container and machinery coatings in number of 
industries.
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Acrylic Protective Coating MARKET 2020
Regional Analysis
The Global Acrylic Protective Coating Market is geographically divided into five key regions which are Asia Pacific, North America, 
Europe, Latin America, and Middle East & Africa. Asia Pacific is the leading region among them owing to the increasing demand 
from building & construction, automotive, and wind energy sector in this region. Countries namely India, China, and Japan are 
leading markets in this region owing to the growth in demand from major end use industries such as marine, automotive, and 
building & construction in these countries. North America is the second most significant region in the Global Acrylic Protective 
Coating Market. U.S. is the major contributor in this region due to the presence of well-established and leading end use industries 
such as marine, defense, aerospace and sports industry. Europe is another substantial region in the Global Acrylic Protective 
Coating Market. The major markets in this region are Germany, U.K., France and Italy, where there is a growing demand of Acrylic 
Protective Coatings by automobile industry. Latin America is witnessing rise in industrialization along with the pacifying political 
and economic scenario in Brazil and Colombia. 
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Acrylic Protective Coating MARKET 2020
Application & Major Players in this Research:
Acrylic Protective Coating Market Prominent Players:
Key players in the Global Acrylic Protective Coating Market are ., PPG Industries (U.S.), Arkema SA (France), Wacker Chemie AG 
(Germany), SIKA AG (Switzerland), RPM International Inc. (U.S.), The Valspar Corporation (U.S.), Axalta Coating Systems (U.S.), 
HEMPEL A/S (Denmark), B.M. REAL INTERNATIONAL (Romania), Dunn-Edwards Corporation (U.S.), and others.
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