Global Acrylic Polymer Market 2024

Acrylic Polymer Market Size

The global acrylic polymer market fell modestly to $X in 2023, remaining constant against the previous year. Overall, consumption, however, saw a significant expansion. Over the period under review, the global market hit record highs at $X in 2020; afterwards, it flattened through to 2023.

Acrylic Polymer Production

In value terms, acrylic polymer production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, global production attained the peak level in 2023 and is expected to retain growth in the near future.

Acrylic Polymer Exports

Exports

In 2023, overseas shipments of acrylic polymers (in primary forms) decreased by X% to X tons, falling for the second consecutive year after three years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. The global exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, acrylic polymer exports fell to $X in 2023. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The global exports peaked at $X in 2022, and then fell in the following year.

Exports by Country

The biggest shipments were from China (X tons), Germany (X tons) and South Korea (X tons), together reaching X% of total export. It was distantly followed by France (X tons), Belgium (X tons), the United States (X tons) and Japan (X tons), together comprising a X% share of total exports. The Netherlands (X tons), Taiwan (Chinese) (X tons), Turkey (X tons), Malaysia (X tons), Italy (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest acrylic polymer supplying countries worldwide were Germany ($X), South Korea ($X) and China ($X), together accounting for X% of global exports.

In terms of the main exporting countries, China, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average acrylic polymer export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Acrylic Polymer Imports

Imports

In 2023, supplies from abroad of acrylic polymers (in primary forms) decreased by X% to X tons, falling for the second consecutive year after six years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of global imports remained at a somewhat lower figure.

In value terms, acrylic polymer imports fell to $X in 2023. The total import value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, China (X tons), followed by Germany (X tons) and the United States (X tons) represented the key importers of acrylic polymers (in primary forms), together mixing up X% of total imports. The following importers - India (X tons), Italy (X tons), Poland (X tons), Canada (X tons), Turkey (X tons), France (X tons), Belgium (X tons), Russia (X tons), Spain (X tons) and the Netherlands (X tons) - together made up X% of total imports.

From 2012 to 2023, average annual rates of growth with regard to acrylic polymer imports into China stood at X%. At the same time, India (X%), Turkey (X%), the United States (X%), Spain (X%), Canada (X%), Poland (X%), Russia (X%), Belgium (X%) and Italy (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. The Netherlands, Germany and France experienced a relatively flat trend pattern. India (X p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest acrylic polymer importing markets worldwide were China ($X), Germany ($X) and the United States ($X), with a combined X% share of global imports. Italy, India, Canada, Poland, Belgium, France, the Netherlands, Spain, Turkey and Russia lagged somewhat behind, together comprising a further X%.

Among the main importing countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average acrylic polymer import price amounted to $X per ton, declining by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Global import price peaked at $X per ton in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform