Acrylic Emulsion Market to cross USD 22.3 Billion by 2032, Says Global Market Insights inc. [Yahoo! Finance]
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Source: Yahoo! Finance
Selbyville, Delaware , May 23, 2024 (GLOBE NEWSWIRE) -- Acrylic Emulsion Market will surpass USD 22.3 billion by 2032, as per a recent study by Global Market Insights Inc. As per the report, increasing demand for eco-friendly products is a major factor driving market growth. According to Roundup.org, 55% of consumers worldwide are willing to pay a premium for products or brands that contribute to improving society and the environment, slightly less than last year. As regulators around the world impose strict environmental regulations, industries are shifting toward water-based acrylic emulsions due to their lower VOC emissions and lower environmental impact. This trend is particularly visible in sectors such as paints and coatings, adhesives, textiles, and paper, where environmentally friendly solutions are desired. It is expected that the preference for acrylic emulsions over solvent-based alternatives will continue to grow, thanks to the rising awareness of consumers and companie
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