Market Forecast By Type (Pure Acrylic, Polymer & Copolymer), By Application (Paints & Coatings, Paper Coating, Construction Additives, Adhesives & Sealants) And Competitive Landscape
Product Code: ETC4480116 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 3 |
Report Name | Australia Acrylic Emulsions Market |
Forecast period | 2025-2031 |
CAGR | 5.3% |
Growing Sector | Apparel and Home Textile |
Australia Acrylic Emulsions Market report thoroughly covers the market by type and application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Acrylic Emulsions Market is expected to grow in the forecast period as acrylic emulsions are water-based paints that have gained popularity due to their versatility, durability and low toxicity. They are widely used in a variety of applications such as architectural coatings, adhesives, textiles, and paper coatings. In Australia, the demand for acrylic emulsions has been steadily increasing due to their excellent performance and eco-friendly nature.
According to 6Wresearch, the Australia Acrylic Emulsions Market size is projected to grow at the CAGR of 3.4% during the forecast period of 2025-2031. One of the main drivers is the increasing demand for eco-friendly and sustainable products. With growing concerns about environmental sustainability, consumers are actively seeking out more environmentally friendly options in their purchasing decisions. Acrylic emulsions fit this trend perfectly as they have low volatile organic compound (VOC) content, making them less harmful to the environment compared to traditional solvent-based paints. Another driver is the growth in infrastructure development projects in Australia. The construction industry, which accounts for a significant share of acrylic emulsions consumption, has been steadily growing due to increased investments in residential and commercial properties across major cities. This has led to a rise in demand for architectural coatings, which are commonly made from acrylic emulsions. Lastly, the surge in industrial production and manufacturing activities is also fuelling the demand for acrylic emulsions in Australia. As the country continues to diversify its economy and expand its manufacturing sector, there is an increasing need for adhesives and binders used in a variety of industrial applications. Despite Australia Acrylic Emulsions Market Growth, the Australian acrylic emulsions market still faces some challenges. One of the main challenges is the pricing pressure from cheaper alternatives such as traditional solvent-based paints or other low-cost water-based paints. This has caused some manufacturers to struggle with maintaining profit margins and staying competitive in the market.
Another challenge is the availability of raw materials. As most raw materials for acrylic emulsions are imported, fluctuations in global prices can impact production costs and ultimately affect the pricing of acrylic emulsions in the Australian market.
Government initiatives and policies are playing a critical role in shaping the trajectory of the Australia Acrylic emulsions market in Australia. To support sustainability and environmental welfare, the Australian government has introduced regulations and schemes incentivizing the adoption of eco-friendly materials across industries. Tax benefits, grants, and subsidies for green construction projects are encouraging the use of sustainable supplies, including low-VOC acrylic emulsions in paints and coatings. Moreover, rigorous environmental standards compel manufacturers to innovate and produce eco-conscious emulsions that align not only with industry demands but also with the country's commitment to reducing carbon footprints.
The landscape of the Australia acrylic emulsions Industry is competitive, with key players engaging in both collaborative and individual strategies to secure their market positions. Prominent companies in the market include. BASF SE is a leading chemical company offering specialized acrylic emulsions for various applications. AkzoNobel Known for their focus on sustainable product development and a vast portfolio of high-performance emulsions. Dow Chemical Company is a global leader with a strong presence in Australia, offering a range of innovative acrylic emulsion products. Nippon Paint Holdings Co., Ltd. - Recognized for their extensive research and development efforts in eco-friendly coatings and emulsions.
The future outlook for the Australian acrylic emulsions market is positive, with continued growth expected in the coming years. The growing construction and renovation activities, coupled with increasing demand for eco-friendly products, will drive the demand for acrylic emulsions. Moreover, advancements in technology and production processes are likely to lead to improved efficiency and cost-effectiveness in manufacturing acrylic emulsions. This will further enhance the competitiveness of the Australian market and help meet the demands of a rapidly changing industry.
The major segment that is expected to witness significant growth in the forecast period is pure acrylic emulsions. Pure acrylics offer superior properties such as color retention, gloss, and durability, making them a preferred choice for high-quality paints & coatings. With the growing trend of using eco-friendly and sustainable materials in construction and other industries, the demand for pure acrylic emulsions is expected to increase.
According to Shivankar, Research Manager, 6Wresearch, in terms of application, the paints & coatings segment is expected to hold the largest share in the Australia acrylic emulsions market. The use of acrylic emulsions in paints & coatings offers benefits such as improved durability, weather resistance, and color retention, making them ideal for both interior and exterior applications. The increasing demand for high-quality paints & coatings from the construction and automotive industries is expected to drive the growth of this segment.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Acrylic Emulsions Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Acrylic Emulsions Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Acrylic Emulsions Market - Industry Life Cycle |
3.4 Australia Acrylic Emulsions Market - Porter's Five Forces |
3.5 Australia Acrylic Emulsions Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Acrylic Emulsions Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Acrylic Emulsions Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Acrylic Emulsions Market Trends |
6 Australia Acrylic Emulsions Market, By Types |
6.1 Australia Acrylic Emulsions Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Acrylic Emulsions Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Acrylic Emulsions Market Revenues & Volume, By Pure Acrylic, 2021-2031F |
6.1.4 Australia Acrylic Emulsions Market Revenues & Volume, By Polymer & Copolymer, 2021-2031F |
6.2 Australia Acrylic Emulsions Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Acrylic Emulsions Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.2.3 Australia Acrylic Emulsions Market Revenues & Volume, By Paper Coating, 2021-2031F |
6.2.4 Australia Acrylic Emulsions Market Revenues & Volume, By Construction Additives, 2021-2031F |
6.2.5 Australia Acrylic Emulsions Market Revenues & Volume, By Adhesives & Sealants, 2021-2031F |
7 Australia Acrylic Emulsions Market Import-Export Trade Statistics |
7.1 Australia Acrylic Emulsions Market Export to Major Countries |
7.2 Australia Acrylic Emulsions Market Imports from Major Countries |
8 Australia Acrylic Emulsions Market Key Performance Indicators |
9 Australia Acrylic Emulsions Market - Opportunity Assessment |
9.1 Australia Acrylic Emulsions Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Acrylic Emulsions Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Acrylic Emulsions Market - Competitive Landscape |
10.1 Australia Acrylic Emulsions Market Revenue Share, By Companies, 2024 |
10.2 Australia Acrylic Emulsions Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |