Latest Acrylic Polymer Market for Cleaning Application by Type(Water-borne & Solvent-borne), Application(Laundry & Detergent, Dish Washing, Industrial & Institutional, Hard Surface Cleaning) & Region

The Acrylic Polymer research report explains the competitive hierarchy of this global Acrylic Polymer market by analyzing key strategies of companies operating in the market and their impact analysis. Here, the competitive landscape is because of market suppliers, numerous sales channels, and revenue share. Moreover, the report offers an overview of the market’s determined vendors and the major market players. It also highlights the market value, growth rate, and key players operating the Acrylic Polymer market.

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The acrylic polymer market for cleaning application is projected to grow from USD 580 Million in 2021 to USD 709 Million by 2026, at a CAGR of 4.1%.

The report provides a comprehensive analysis of company profiles listed below:

  • 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)

“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 product’s performance and efficacy 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.

“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.

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Competitive Landscape of Acrylic Polymer Market:

1 Introduction
2 Market Share Analysis
3 Competitive Situation & Trends
3.1 Expansions
3.2 Deals

 

Research Coverage:

This research report categorizes the acrylic polymer market for cleaning application on the basis of type, by application, and region. The report includes detailed information regarding the major factors influencing the growth of the acrylic polymer market for cleaning application, such as drivers, restraints, challenges, and opportunities.

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