Acrylic paints exhibit a very useful property of being fast drying paints and thus, these paints are used for artistic purposes. Acrylic means that the pigment for the paint is actually suspended in an acrylic polymer emulsion. These paints are water-based and when dry, they are resistance to water. There is high scope for the Acrylic Paints Market during 2016-2021.
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Scope and Regional Forecast of the Acrylic Paints Market:
According to the IndustryARC research analysis studies on the Acrylic Paints Market, North America and Europe have been big markets for acrylic paints for several years now. However, with a slump in the construction industry in these regions coupled with the maturity of the market.
The growth is expected to be slow in North America and Europe regions. Asia Pacific and Latin America on the other hand are expected to witness healthy growth in the Acrylic Paints Market. Owing to the versatility offered by acrylic paints, there is a growing demand for them in the market.
In the Acrylic Paints Market, there are two types of acrylic paints available namely professional grade and student grade. There is a rise in demand for student grade acrylic paints due to the rising interest among the students and budding artists to try acrylic paints for painting. Construction applications of the acrylic paints are expected to decrease due to toxic properties.
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Segmentation and Key Players of the Acrylic Paints Market:
The Acrylic Paints Market is segmented into various categories in the IndustryARC marketing research report by grade, by application and by geography.
By grade: Artists’ or Professional Quality Acrylics (Heavy Body Acrylics, Fluid Acrylics, Interactive and Open Acrylics and others)
By application: painting (artists), construction (residential, commercial)...