Current Market and Forecast
The global demand on acrylic resin approached roughly US$14.5 billion in 2011. With an annual growth rate of 4-5%, the acrylic resin market is expected to reach US$16.6 billion by 2014 and US$22 billion by 2020. Acrylic resins are used in a wide range of applications for the outstanding chemical characteristics and unique aesthetic properties. Currently, the strongest demand comes from automotive and medical device markets, and paints & coatings, adhesive & sealant and construction & architecture are the major application markets for acrylic resin.
Read more about this topic: Acrylic Resin
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