Surge in Demand for Acrylic Powders for Protective Coating of Automotive Body Parts

WILMINGTON, DELAWARE, UNITED STATES, October 24, 2023 /EINPresswire.com/ -- The Global Acrylic Powder Market is estimated to attain a valuation of US$ 92.1 Bn by the end of 2031, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6.6 % during the forecast period, 2022-2031.

The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the Acrylic Powder industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.

Acrylic powder is a crucial component in the creation of acrylic nails. It's a polymer powder that, when combined with acrylic liquid (monomer), forms a pliable substance that can be sculpted into the desired nail shape. This mixture then hardens into durable, long-lasting artificial nails. Acrylic powder comes in various colors, allowing for customization, and is widely used in nail salons for creating beautiful and strong artificial nails.

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐢𝐧𝐭𝐨 𝐭𝐡𝐞 𝐌𝐚𝐫𝐤𝐞𝐭, 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84360

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐭𝐮𝐝𝐲:

• Numerous Applications in Cosmetics Propelling Revenue Streams: The cosmetic end-use industry contributes a massive volume of demand for acrylic powders. The segment held a key market share of 36% in 2021. Utilization of the products in eyeshadows, blushes, and artificial fingernails is fueling the revenue growth of the acrylic powder market. A bulk of demand is likely to come from its use in artificial nails, invigorated by new trends in nail care.

• Widespread Use in Automotive Coatings to Generate Revenue Growth: Rise in demand for acrylic powders in the automotive industry is reinforced by the use of protective coatings in automobiles. Firms in the acrylic powder market are witnessing profitable avenues in the increasing adoption of temperature-sensitive substrate coatings and other high-performance coatings. Constant R&D will pave the way for new revenue streams by the end of the forecast period.

• R&D to Lead to Products with New Characteristics, Expanding Market Avenue: Strides made by the automobile industry will expand the avenue for growth of the acrylic powder market. Continuous R&D on improving the product attributes have resulted in the introduction of products with advanced characteristics to meet the desired functionality for protective coatings. Of note, growing number of impact-resistant and heat-resistant products in the acrylic powders have opened up massive profitable avenue.

𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

• The drive for acrylic powder market stems from and is gathering momentum on the back of growing trend of nail grooming and nail cosmetics. The esthetic appeal and cost-effectiveness of acrylic powders have led to their massive utilization in artificial nails and crystal nail polishes.

• Rise in demand for protective coatings in the automobile industry will drive lucrative opportunities in acrylic powder market

𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

Some of the key players in the market are Cosmaire Co., Limited, Axalta, Esschem Europe, The Sherwin-Williams Company, PPG Industries, AkzoNobel, Arkema, BASF SE, and DIC Corporation.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=84360

𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐚𝐧𝐝 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡𝐞𝐬

The report on the Acrylic Powder market is prepared by employing well-validated research methodologies and approaches. The study authors have applied industry-validated tools for collection of data, including interviews, observations, surveys, questionnaire, and secondary research. The adoption of robust approaches for quantitative research measures makes the study offer holistic perspectives and unique.

𝐕𝐚𝐥𝐮𝐞 𝐂𝐡𝐚𝐢𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐢𝐧 𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞𝐬

The study presents a comprehensive insight into the value chain of the industry or industries associated with the Acrylic Powder market. It offers insights into trends shaping marketing channels that have delivered customer value. In understanding the marketspace, the business intelligence study evaluates changing consumer demands in various segments. Product/service segments where new strategies are required to attract demand are also highlighted in the study. The study offers business executives some of the pertinent consumer behavior models, which will help companies strengthen their prospects. The study offers a detailed evaluation on the changing attitudes and perceptions of customers to shed light on the potential revenue streams in the Acrylic Powder market.

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐤𝐞𝐲 𝐚𝐬𝐩𝐞𝐜𝐭𝐬 𝐭𝐡𝐚𝐭 𝐭𝐡𝐞 𝐬𝐭𝐮𝐝𝐲 𝐬𝐡𝐞𝐝𝐬 𝐥𝐢𝐠𝐡𝐭 𝐨𝐧 𝐚𝐫𝐞:

• What are some of the recent marketing warfare strategies that have impacted the development of the Acrylic Powder market?
• How are some of the large-sized players allocating funds to strategic business units to stay ahead of rivals and peers?
• What are some of the expansion strategies by new entrants and top players?
• How do new entrants intend to use business strategies for generating customer value?
• What are some of the consumer-oriented strategies by pioneers and innovators?
• How do established players intend to enter into new markets and grow their market shares during the forecast period of 2022 – 2031?

𝐒𝐩𝐞𝐚𝐤 𝐭𝐨 𝐨𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=84360

𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐰𝐝𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧

𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧
• Fingernail
• Plastisol Production
• Textile Printing Inks
• Specialty Coatings
• Dry Film Photo
• Others

𝐄𝐧𝐝-𝐮𝐬𝐞
• Cosmetics
• Automotive
• Inks
• Plastics
• Paints and Coatings
• Others

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 –

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Nikhil Sawlani
Transparency Market Research Inc.
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