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Part of: Acrylic Resins Market (Global)

The India Acrylic Resins Market was valued at $2188 Million in 2025 and projected to reach to $3491.8 Million by 2030, representing a compound annual growth rate of 9.8%. India's acrylic resins market is poised for exceptional growth through 2030, driven by robust demand from construction, automotive, and industrial coatings sectors.

India Acrylic Resins Market (2025-2030) : Size and Share
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Market Size in USD 26.32 MN
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India Acrylic Resins Market Trends and Insights

  • India's market is growing at a compound annual growth rate (CAGR) of 9.8%, significantly outpacing global growth trends.
  • This accelerated expansion in India reflects rising demand from construction, automotive, and coatings sectors driven by rapid industrialization and infrastructure development across the country. The acrylic resins market in India is supported by increasing adoption in paints, coatings, adhesives, and composite applications.
  • India's growing middle class and urbanization are fueling demand for high-performance coating solutions in both residential and commercial segments.
  • Between 2025 and 2030, India is expected to capture substantial market share within the Asia Pacific region, positioning itself as a key growth engine for acrylic resin manufacturers and suppliers..

Key Market Statistics

  • CAGR (2025-2030) 9.8% CAGR
  • Market Size, 2025 ~USD 2188 Million
  • Forecast, 2030 ~USD 3491.8 Million
  • Country India

India Acrylic Resins Market Overview

Strong CAGR Outperformance :

India's acrylic resins market is growing at 9.8% CAGR (2025-2030), significantly exceeding the global growth rate of 6.5%, indicating accelerated market expansion and rising domestic demand.

Substantial Market Valuation :

The Indian market is valued at USD 2,188.0 million in 2025 and is projected to reach USD 3,491.8 million by 2030, representing a growth of USD 1,303.8 million over the forecast period.

Construction & Automotive Drivers :

Rapid urbanization and infrastructure development in India are fueling demand for acrylic resins in construction coatings, while the automotive sector's expansion drives demand for high-performance coating solutions.

Emerging Market Opportunity :

India's growing manufacturing base, increasing disposable incomes, and rising consumer preference for durable coatings position the country as a high-growth market for acrylic resin manufacturers and suppliers.

India Acrylic Resins Market Dynamics

  • The country's rapid urbanization, infrastructure investments, and growing manufacturing capabilities create substantial opportunities for market expansion.
  • Rising consumer awareness regarding product durability and environmental performance further supports market growth.
  • Government initiatives promoting infrastructure development and the 'Make in India' campaign are expected to accelerate domestic production and consumption of acrylic resins.
  • The market's 9.8% CAGR reflects India's emergence as a key growth engine within the global acrylic resins industry, attracting significant investment and innovation..

Related Ecosystem

Resins And Polymers

Top Technologies
  • Polycarbonate
  • Acrylonitrile Butadiene Styrene (ABS)
  • Epoxy Resin
  • Light Commercial Vehicles (LCVs)
  • Polypropylene (PP)
Top Companies
  • Basf se
  • DOW CHEMICAL COMPANY
  • Solvay sa
  • Saudi arabia basic industries corporation (sabic)
  • DuPont de Nemours, Inc.

    Key Takeaways

    • India's acrylic resins market is valued at USD 2,188.0 million in 2025 and will reach USD 3,491.8 million by 2030, representing a 9.8% CAGR.
    • India's market growth rate of 9.8% significantly exceeds the global CAGR of 6.5%, making India a high-growth priority market.
    • Construction, automotive, and coatings sectors are primary demand drivers for acrylic resins in India.
    • India's rapid urbanization and infrastructure development create sustained long-term growth opportunities for acrylic resin suppliers through 2030.

    Acrylic Resins Market Report Scope

    Report Metric Details
    Base Year 2025
    Fastest Growing Segment WATER-BASED (Solvency)
    Forecast Period 2025-2030
    Growth Rate CAGR of 6.5% from 2025 to 2030
    Largest Segment THERMOSETTING (Property)
    Market Size Base Year (Billions) ~USD 22.08 (2025)
    Revenue Forecast (Billions) ~USD 30.26 (2030)
    Segments Covered Chemistry, Property, Solvency, Application, End-Use Industry, End-Use Industry 2022-2024

    India Acrylic Resins Market Report Segmentation

    6 segment dimensions are covered across the global market.

    By Chemistry

    • Acrylates
    • Hybrid
    • Methacrylates

    By Property

    • Thermoplastics
    • Thermosetting

    By Solvency

    • Other Solvencies
    • Solvent-Based
    • Water-Based

    By Application

    • Adhesives & Sealants
    • Diy Coatings
    • Elastomers
    • Other Applications
    • Paints & Coatings

    By End-Use Industry

    • Building & Construction
    • Consumer Goods
    • Electrical & Electronics
    • Industrial
    • Other End-Use Industries
    • Packaging
    • Paper & Paperboard

    By End-Use Industry 2022-2024

    • Building & Construction
    • Consumer Goods
    • Electrical & Electronics
    • Industrial
    • Other End-Use Industries
    • Packaging
    • Paper & Paperboard

    INDIA: ACRYLIC RESINS MARKET, BY END-USE INDUSTRY, 2025–2030

    Segment202520262027202820292030CAGR (%)
    BUILDING & CONSTRUCTION893979.91076.21182.91301.414339.9
    CONSUMER GOODS191.8208.1226245.6267.32918.7
    ELECTRICAL & ELECTRONICS159.7174.7191.3209.7230252.69.6
    INDUSTRIAL474.1521573.1631695.376710.1
    OTHER END-USE INDUSTRIES113.1123.5135147.7161.7177.29.4
    PACKAGING187.9207.3228.8252.8279.6309.610.5
    PAPER & PAPERBOARD168.4183.5200.2218.6239261.49.2
    TOTAL218823982630.62888.43174.33491.89.8

    Target Audience

    • Chemical Manufacturers & Suppliers : Manufacturers and suppliers of acrylic resins need India market data to identify growth opportunities, assess demand trends, and develop localized production and distribution strategies.
    • Coatings & Paint Companies : Coatings manufacturers require India-specific insights to understand raw material availability, pricing trends, and end-user demand to optimize their product portfolios and supply chains.
    • Construction & Infrastructure Companies : Construction firms and infrastructure developers need market intelligence on coating solutions and material availability in India to plan projects and source materials efficiently.
    • Automotive OEMs & Suppliers : Automotive manufacturers and suppliers require India market data to understand coating requirements, supplier capabilities, and growth opportunities in the rapidly expanding Indian automotive sector.
    • Investment & Private Equity Firms : Investors evaluating opportunities in India's chemicals and materials sector need comprehensive market analysis to assess growth potential, competitive dynamics, and investment returns.

    Reasons to Buy this Report

    • Market Size & Growth Data : Access precise valuation figures for India's acrylic resins market (USD 2,188M in 2025) with detailed 5-year forecasts, enabling accurate business planning and investment decisions.
    • Competitive Landscape Analysis : Understand India-specific market dynamics, key players, and competitive positioning to identify growth opportunities and develop targeted market entry or expansion strategies.
    • Sector-Specific Insights : Gain detailed analysis of demand drivers across construction, automotive, and coatings sectors in India, helping you align product development with high-growth application areas.
    • Investment & Expansion Planning : Leverage India-focused market intelligence to evaluate investment opportunities, assess market potential, and make informed decisions on manufacturing facilities or distribution networks.
    • Regulatory & Trend Intelligence : Stay informed on India-specific regulations, sustainability trends, and consumer preferences shaping the acrylic resins market, ensuring compliance and competitive advantage.

    Frequently asked questions

    What is the current size of India's acrylic resins market?

    India's acrylic resins market is valued at USD 2,188.0 million in 2025 and is projected to grow to USD 3,491.8 million by 2030.

    What is the growth rate of acrylic resins in India?

    India's acrylic resins market is growing at a CAGR of 9.8% from 2025 to 2030, outpacing the global average of 6.5%.

    Which industries drive demand for acrylic resins in India?

    Primary demand drivers in India include construction, automotive, paints and coatings, adhesives, and composite manufacturing sectors.

    Why is India's acrylic resins market growing faster than the global market?

    India's faster growth is driven by rapid industrialization, urbanization, infrastructure development, and rising demand for high-performance coatings in residential and commercial applications.

    What is the forecast market size for acrylic resins in India by 2030?

    India's acrylic resins market is forecasted to reach USD 3,491.8 million by 2030, representing a 59.7% increase from the 2025 baseline.

    RESEARCH METHODOLOGY

    The study involved four major activities to estimate the current size of the global acrylic resins market. Exhaustive secondary research was carried out to collect information on the market, the peer product market, and the parent product group market. The next step was to validate these findings, assumptions, and sizes with the industry experts across the value chain of acrylic resin through primary research. The top-down and bottom-up approaches were employed to estimate the overall size of the acrylic resins market. After that, market breakdown and data triangulation procedures were used to determine the size of different segments and sub-segments of the market.

    Secondary Research

    The market for companies offering acrylic resin is arrived at by secondary data available through paid and unpaid sources, analyzing the product portfolios of the major companies in the ecosystem, and rating the companies by their performance and quality. Various secondary sources, such as Business Standard, Bloomberg, World Bank, and Factiva, were referred to identify and collect information for this study on the acrylic resins market. In the secondary research process, various secondary sources were referred to identify and collect information related to the study. Secondary sources included annual reports, press releases, and investor presentations, forums, certified publications, and whitepapers. The secondary research was used to obtain critical information on the industry’s value chain, the total pool of key players, market classification, and segmentation from the market and technology-oriented perspectives.

    Primary Research

    In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from several key companies and organizations operating in the acrylic resins market. After the complete market engineering (calculations for market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. Primary research was also conducted to identify the segmentation types, industry trends, competitive landscape of acrylic resin offered by various market players, and key market dynamics, such as drivers, restraints, opportunities, challenges, industry trends, and key player strategies. In the complete market engineering process, the top-down and bottom-up approaches and several data triangulation methods were extensively used to perform the market estimation and market forecasting for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analysis was performed on the complete market engineering process to list the key information/insights throughout the report.

    Breakdown of primary respondents:

    Acrylic Resins Market

    Notes: Other designations include sales, marketing, and product managers.

    Tier 1: >USD 1 Billion; Tier 2: USD 500 million–1 Billion; and Tier 3: < USD 500 million.

    To know about the assumptions considered for the study, download the pdf brochure

    Market Size Estimation

    The top-down and bottom-up approaches were used to estimate and validate the size of the global acrylic resins market. These approaches were also used extensively to estimate the size of various dependent market segments. The research methodology used to estimate the market size included the following:

    Acrylic Resins Market

    Data Triangulation

    After arriving at the overall market size using the market size estimation processes, the market was split into several segments and subsegments. Wherever applicable, the data triangulation and market breakup procedures were employed to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment. The data was triangulated by studying various factors and trends from both the demand and supply sides.

    Market Definition

    Acrylic resins are specially engineered polymers derived from acrylic acid, methacrylic acid, or their esters, widely used across industries such as paints & coatings, adhesives & sealants, construction, automotive, and electronics. These resins are critical for delivering high performance in applications requiring durability, weather resistance, clarity, and strong adhesion. Their usage is tailored to end-product requirements and environmental conditions, offering unique functionalities such as UV resistance, chemical resistance, impact strength, and color retention. They play an essential role in surface protection, esthetic enhancement, and structural performance in both industrial and consumer products.

    Organizations including the American Coatings Association (ACA) and the European Council of the Paint, Printing Ink and Artists’ Colours Industry (CEPE) recognize acrylic resins as a key class of synthetic resins alongside alkyds, epoxies, and polyurethanes. The assessment of these resins follows international standards, which incorporate ASTM D5095, ISO 9001 for quality management, and REACH compliance for chemical safety in the European Union.

    Stakeholders

    • Acrylic resin manufacturers
    • Raw material suppliers
    • Converters & processors
    • Distributors and traders
    • Industry associations and regulatory bodies
    • End users

    Report Objectives

    • To define, describe, and forecast the size of the acrylic resins market, based on chemistry, property, solvency, application, end-use industry, and region in terms of value and volume
    • To provide detailed information on the significant drivers, restraints, opportunities, and challenges influencing the market
    • To strategically analyze micromarkets1 concerning individual growth trends, prospects, and their contribution to the market
    • To assess the growth opportunities in the market for stakeholders and provide details on the competitive landscape for market leaders
    • To forecast the market size of segments and subsegments for North America, Europe, Asia Pacific, South America, and the Middle East & Africa
    • To strategically profile key players and comprehensively analyze their market shares and core competencies
    • To analyze competitive developments such as acquisitions, product launches, expansions, partnerships, and agreements in the acrylic resins market
    • To provide the impact of AI/Gen AI on the market

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