Cathodic Acrylic Market Size, Industry Outlook Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2025 - 2034
Report ID: GMI4346
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Cathodic Acrylic Market
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Cathodic Acrylic Market Size
The global cathodic acrylic market generated substantial revenues in 2024 and is anticipated to exhibit a considerable CAGR from 2025-2034, driven by high-performance coatings leveraged by varied end-user segments, including construction, automotive, and manufacturing. Cathodic acrylics have properties including flexibility, durability, and corrosion resistance, making them a desirable solution across a range of applications. The cathodic acrylic coating market will continue to be driven by increasing demand for environmentally friendly (low-VOC) coatings, especially in regions with stringent environmental mandates. The overall developments in construction activities, industrial production, and vehicle production globally will also contribute upward momentum in the global cathodic acrylic coatings market.
For instance, in October 2024, Nippon introduced a sustainable water-based system for commercial vehicles, aimed at reducing environmental impact. The eco-friendly, low-VOC system was a significant advancement for electric vehicles. Nippon Paint also showcased other innovative solutions, including low-VOC primers and topcoats, designed to meet future industry needs.
There is a demand for cathodic acrylics due to several factors, including advancements in coatings technology, which enhance performance, durability, and sustainability. In the construction industry, there has been an increase in infrastructure investment and an increased probability of maintenance for existing buildings. Additionally, new developments in automotive parts and accessories are creating new options for coatings with more toughness and better overall quality to prevent the impact of environmental exposure. The mention of more durable and environmentally friendly pressure has had a growing impact on the adoption of low-VOC and waterborne cathodic acrylic coatings.
However, while the cathodic acrylic coatings market may have been attracted by some of these opportunities, there are also potential challenges relating to the high cost of raw materials in using cathodic acrylic coatings, which may affect the affordability. Additionally, there are various alternative coatings for cathodic acrylics, including epoxy-based options or polyurethane-based options, which may form some level of restraint to the cathodic acrylics market space.
Cathodic Acrylic Market Trends
The cathodic acrylic industry is undergoing several prominent trends that will be instrumental for the future. A notable trend, which could almost be considered a global trend, is the demand for environmentally sustainable products. Concerns about companies depleting the environment and the impact of their industrial operations have caused manufacturers to focus on coatings with low constituents, low environmental impact coatings. There is also an increasing demand for waterborne cathodic acrylics, which are much friendlier for the environment than solvent-based coatings, making them an option for buyers and regulatory bodies.
Another trend is the use of cathodic acrylic coatings in the automotive industry. The automotive industry is stressing more durability and sustainability in processing, specifically coatings. Since cathodic acrylic coatings have excellent adhesion properties and corrosion resistance, they have a favorable position over other coatings. The automotive industry is being pushed toward lower end-of-life impacts through regulation and demand for lighter vehicles. The movement towards sustainable coating development is expected to grow in response to sustainability pressures, and therefore, resin advancement will continue.
Cathodic Acrylic Market Analysis
The construction sector accounted for the largest segment of the cathodic acrylic industry in 2024 and is forecasted to grow until 2034. The growth in the construction sector is increasing demand for durable coatings that provide long-term protection against corrosion and wear. As a result, cathodic acrylics have become popular in the construction sector. Building and construction applications can be found in both residential and commercial buildings, as well as in infrastructure projects. Hence, combining the demanding environmental effects on metal structures (e.g., corrosion of steel and aluminum), there has been an increased use of cathodic coating acrylates throughout the construction and transportation sectors.
Moreover, cathodic acrylics provide flexibility and long-lasting protection and have weather resistance, which is required in various buildings and infrastructure (e.g., bridges, highways, sidewalks, etc.) Continued urbanization and increasing investments into infrastructure worldwide, and the need for coatings with durability and with promising performance characteristics in the construction sector, will contribute to the continued growth of the construction sector and the overall cathodic acrylics market.
The automotive parts and accessories segment will grow significantly in the cathodic acrylic industry between 2025 and 2034. The automotive industry has focused on durability, safety, and environmental sustainability, and therefore, more manufacturers are choosing to use cathodic acrylic coatings. Further, there are many advantages to using cathodic acrylic coatings as they add to the vehicle's appearance and allow for improved durability. Cathodic acrylic coatings are also used on automotive parts like wheels, bumpers, mirrors, and door handles. Furthermore, as the automotive industry is moving towards lighter and more fuel-efficient vehicles, manufacturers are increasingly using high-performance coatings like cathodic acrylics but without the additional weight.
Asia Pacific cathodic acrylic market is expected to hold sizable growth until 2034, attributed to the rate of urbanization and industrialization, and therefore increased investment in infrastructure in China, India, Japan, and South Korea. Additionally, countries like China and India with big populations will be among some of the main contributors to the growth of the market and their economies are expanding rapidly, they are quickly becoming fashionable regarding high-performance coatings in light of increased awareness of sustainability and with government regulations targeting eco-friendly products in both the automotive and construction sectors. Therefore, with car manufacturers and construction companies increasingly wanting to keep up with current market trends, there has been a lot of attention now on the specific requirements and specifications of these countries, establishing a firmer grip for Asia Pacific as a big player in the cathodic acrylic coatings market.
Cathodic Acrylic Market Share
Key players involved in the cathodic acrylic industry include:
· Valspar Corp.
· PPG Industries Inc.
· BASF SE
· KCC Corporation
· Axalta Coating Systems
· Hawking Electrotechnology Ltd.
· Koch Membrane Systems Inc.
· Metokote Corporation, Inc.
· Luvata OY
· Nippon Paint Holdings Co.
Leading companies in the cathodic acrylic market are implementing different strategies to maximize their position in the market. One of the strategies primarily involves continuous product innovation. Companies are investing heavily in the R&D space to create new high-performance coatings, accompanied by the increasing demand for durability, corrosion prevention, and environmental compatibility. With these increased demands on companies, many are improving their waterborne formulations, which can outperform the typical solvent-based coatings with less environmental impact.
Also, companies are extending their geographic reach to take advantage of the growing demand in emerging markets, with the most opportunity coming from the Asia Pacific region. With this increased demand, many companies are establishing strategic partnerships with local distributors and manufacturers to grow their market share and ensure the efficient distribution of products with these partners. In addition, some companies are enhancing the capacity of their production facilities in important geographic regions to meet the increasing demand for cathodic acrylic coatings in construction and automotive applications. Another common practice is acquisitions & mergers, or takeovers.
Cathodic Acrylic Market News
In April 2023, Arkema introduced a comprehensive portfolio of complementary technologies. This new offering included advanced acrylic-based binders, dispersants, and rheology additives, branded under the Incellion™. These innovations allowed battery manufacturers to optimize their electrode and separator formulations for both current and next-generation cell components.
In July 2024, PPG launched the PPG DURANEXT™ portfolio, a suite of electron-beam and ultraviolet curable coatings designed for metal coil coatings. By leveraging energy-curing technology, PPG introduced a solution that offered remarkable speed and energy efficiency. The DURANEXT™ portfolio included various coatings such as backers, primers, basecoats, and clearcoats, providing a complete system for metal coil coaters looking to enhance production efficiency and minimize environmental impact.