Global Acrylic Polymer Market 2024

Acrylic Polymer Market Size

For the fifth consecutive year, the global acrylic polymer market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.

Acrylic Polymer Production

In value terms, acrylic polymer production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a somewhat lower figure.

Acrylic Polymer Exports

Exports

In 2022, overseas shipments of acrylic polymers (in primary forms) decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, acrylic polymer exports rose to $X in 2022. Overall, total exports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

South Korea (X tons), Germany (X tons), China (X tons), France (X tons), Belgium (X tons), the United States (X tons), Japan (X tons), the Netherlands (X tons), Turkey (X tons), Taiwan (Chinese) (X tons), Malaysia (X tons) and Singapore (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), South Korea ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of global exports. China, France, Belgium, Japan, the Netherlands, Taiwan (Chinese), Singapore, Turkey and Malaysia lagged somewhat behind, together comprising a further X%.

Malaysia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average acrylic polymer export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 2022, 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 2022, supplies from abroad of acrylic polymers (in primary forms) decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted in the following year.

In value terms, acrylic polymer imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons), followed by the United States (X tons) and Germany (X tons) represented the major importers of acrylic polymers (in primary forms), together comprising X% of total imports. The following importers - Italy (X tons), Poland (X tons), Russia (X tons), India (X tons), France (X tons), Canada (X tons), Turkey (X tons), Belgium (X tons), the Netherlands (X tons) and Vietnam (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to acrylic polymer imports into China stood at X%. At the same time, India (X%), Vietnam (X%), the United States (X%), Turkey (X%), Russia (X%), Canada (X%), Poland (X%), Belgium (X%), Italy (X%), the Netherlands (X%) and Germany (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. From 2012 to 2022, the share of India and Vietnam increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of global imports. Italy, Canada, India, France, Poland, Turkey, Belgium, the Netherlands, Russia and Vietnam lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average acrylic polymer import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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