Acrylic Coatings Market – Global Market Size, Share ,And Forecast to 2025
The global Acrylic Coatings Market is expected to grow at a CAGR of 5.5 percent over the forecast period, from USD 16.8 billion in 2020 to USD 21.9 billion in 2025. The increasing building industry in emerging and developed economies is driving up demand for acrylic resins. Furthermore, growing industrial bases in nations like China, India, South Korea, Australia, Brazil, Chile, and others are propelling the industry forward. Impact of COVID-19 on the Global Acrylic Coatings Market Acrylic resins are mostly used in the building and industrial industries. COVID-19 has had a significant impact on this business. The building business has been negatively impacted by several countries' lockdowns and logistical constraints. Supply chain interruptions, manpower shortages, logistical constraints, limited component availability, market declines, low corporate cash, and manufacturing shutdowns due to lockdown in several nations have all harmed the industry. During this era of crisis, raw