U.S. Demand For Acrylic Resins To Reach 3.3 Billion lb In 2003
Demand for acrylic resins will expand 3.7 percent annually to 3.3 billion pounds in the year 2003.
The largest-volume application for acrylics will continue to be in the manufacture of paints and coatings. Acrylic monomers (both acrylate and methacrylate types) are widely used as the base resin in coatings due to their compatibility in reformulated products. The bulk of demand is concentrated in architectural coatings, where product reformulation has nearly reached saturation levels. Growth will therefore be greater in industrial and specialty coatings, an area in which reformulation has lagged due to higher performance requirements.