The Global Acrylic Polyol Resin Market was valued at USD 7.8 Billion in 2024 and is projected to reach USD 10.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period (2024–2030). This robust growth is primarily driven by escalating demand for high-performance, durable coatings across the Automotive, Construction, and Industrial sectors, coupled with the global shift towards eco-friendly, water-based polyol resin formulations.
As industries demand coatings with superior weatherability, chemical resistance, and aesthetic appeal, Acrylic Polyol Resins have become a cornerstone material. These resins are essential binders in polyurethane coatings, offering exceptional performance. In this detailed market analysis, we profile the Top 10 Companies in the Acrylic Polyol Resin Industry—a diverse group of global chemical giants and specialized manufacturers shaping the future of advanced coatings technology.
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🔟 1. Eternal Materials Co., Ltd.
Headquarters: Kaohsiung, Taiwan
Key Offering: Solid and Liquid Acrylic Polyols for PU Coatings
Eternal Materials is a leading global supplier of synthetic resins and electronic chemicals. The company’s Acrylic Polyol Resins are renowned for their excellent gloss retention, adhesion, and resistance to yellowing, making them ideal for automotive topcoats and industrial maintenance paints.
Innovation & Market Strategy:
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Strong R&D focus on high-solids and waterborne acrylic polyols
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Expansion of production capacity across Asia-Pacific to meet growing regional demand
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Strategic partnerships with major paint and coating formulators
9️⃣ 2. Allnex GmbH
Headquarters: Frankfurt, Germany
Key Offering: SETAQUA®, CRYLCOAT® (Water-based & Solid Acrylic Polyols)
As a leading producer of coating resins and additives, Allnex offers a comprehensive portfolio of Acrylic Polyol Resins under its SETAQUA and CRYLCOAT brands. Their products are designed for high-performance industrial, wood, and coil coatings with low VOC emissions.
Innovation & Market Strategy:
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Pioneer in sustainable, bio-based and waterborne resin technologies
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Global manufacturing footprint ensuring robust supply chain reliability
8️⃣ 3. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Acrylic Polyols under the Laropal® and Luhydran® brands
BASF is a global chemical powerhouse with a significant presence in the coatings industry. Its Acrylic Polyol Resins are key components in high-quality industrial coatings, providing outstanding durability and finish for automotive, construction, and consumer goods applications.
Innovation & Market Strategy:
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Investment in R&D for next-generation, eco-efficient resin systems
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Focus on developing solutions that comply with stringent global environmental regulations
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7️⃣ 4. DSM Coating Resins (now part of Covestro)
Headquarters: Sittard-Geleen, Netherlands
Key Offering: URALAC® and NEOCRYL® Acrylic Polyols
Following its acquisition by Covestro, the former DSM Coating Resins business continues to be a major player. Its URALAC and NEOCRYL brands offer high-performance Acrylic Polyol Resins for powder coatings and liquid systems used in appliances, furniture, and general industrial applications.
Innovation & Market Strategy:
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Integration into Covestro’s larger innovation ecosystem for polymer solutions
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Commitment to developing circular economy solutions for coatings
6️⃣ 5. Nuplex Industries (part of Allnex)
Headquarters: Auckland, New Zealand (Historically; now integrated into Allnex)
Key Offering: A wide range of specialty acrylic polyols
Nuplex, now fully integrated into Allnex, brought a strong legacy in resin technology. Its product range includes acrylic polyols that deliver excellent flexibility and chemical resistance, widely used in protective and decorative coatings.
Innovation & Market Strategy:
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Leveraging Allnex’s global distribution network post-integration
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Focus on tailored solutions for specific regional and application needs
5️⃣ 6. DIC Corporation
Headquarters: Tokyo, Japan
Key Offering: ACRIT®, BECKOLITE® Acrylic Polyol Resins
DIC Corporation is a leading Japanese chemical company with a formidable coatings and polymer division. Its Acrylic Polyol Resins are valued for their superior weatherability and are extensively used in automotive refinish and plastic coatings.
Innovation & Market Strategy:
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Strong emphasis on developing resins for automotive OEM and refinish markets
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Expansion of eco-friendly product lines to reduce environmental impact
4️⃣ 7. PT. ALKINDO MITRARAYA
Headquarters: Tangerang, Indonesia
Key Offering: Solid and Liquid Acrylic Polyols for various coatings
PT. ALKINDO MITRARAYA is a key manufacturer of synthetic resins in Southeast Asia. The company supplies Acrylic Polyol Resins to the regional paint and coatings industry, focusing on cost-effective and high-performance solutions for tropical climates.
Innovation & Market Strategy:
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Catering to the specific needs of the rapidly growing ASEAN market
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Investment in production technology to enhance product quality and consistency
3️⃣ 8. Hexion Inc.
Headquarters: Columbus, Ohio, USA
Key Offering: Specialty Acrylic Polyols for industrial coatings
Hexion Inc. is a global leader in thermoset resins. Its portfolio includes high-performance Acrylic Polyol Resins used in heavy-duty protective coatings for infrastructure, marine, and transportation applications, where durability is paramount.
Innovation & Market Strategy:
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Focus on resins that enable coatings with enhanced corrosion protection
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Development of low-VOC and compliant formulations for regulatory markets
2️⃣ 9. Hitech Industries FZE
Headquarters: Sharjah, United Arab Emirates
Key Offering: Acrylic Polyol Resins for construction and industrial use
Hitech Industries FZE serves the Middle Eastern and African markets with a range of coating resins. The company’s Acrylic Polyols are formulated to withstand harsh environmental conditions, making them suitable for the region’s construction boom.
Innovation & Market Strategy:
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Strategic location providing logistical advantages for MENA and African markets
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Product development focused on heat and UV resistance
1️⃣ 10. Synthesia Technology
Headquarters: Barcelona, Spain
Key Offering: Waterborne and solvent-based Acrylic Polyols
Synthesia Technology specializes in polyurethane resins and systems, including a range of Acrylic Polyol Resins. The company is known for its innovative approach to creating sustainable coating solutions for the European market, particularly in wood and floor coatings.
Innovation & Market Strategy:
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Strong focus on waterborne technologies to meet EU environmental directives
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Collaboration with customers to develop custom resin solutions
Get Full Report Here: Acrylic Polyol Resin Market – View in Detailed Research Report
🌍 Outlook: The Future of Acrylic Polyol Resins Is Sustainable and High-Performance
The Acrylic Polyol Resin market is undergoing a significant transformation. While traditional solvent-based resins still hold a substantial market share, the industry is rapidly pivoting towards environmentally friendly alternatives and high-performance specialized resins to meet evolving regulatory and customer demands.
📈 Key Trends Shaping the Market:
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Accelerated shift from solvent-based to waterborne acrylic polyols driven by VOC regulations
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Growing demand for high-solids and powder coating resins for improved efficiency and lower environmental impact
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Increased R&D investment in bio-based raw materials to enhance sustainability profiles
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Rising application in emerging economies for infrastructure and automotive sectors
Get Full Report Here: Acrylic Polyol Resin Market – View in Detailed Research Report
The top companies profiled are not only supplying essential materials for the global coatings industry—they are actively driving innovation towards a more sustainable and high-performance future.
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