Acrylic Polymer Market - Global Exports of Acrylic Polymers Declined

Plastics And Synthetic Rubber In Primary Forms December 07, 2016
Author: Maria Fadeeva
Market Analyst

acrylic polymer market

Photo: © XXLPhoto / Bigstockphoto

From 2007 to 2015, global exports of acrylic polymers showed a pronounced growth trend, with the exception of declines in 2008 and 2015. There was an annual increase of +2.9% throughout the analyzed period.

According to IndexBox estimates, Germany remained the dominant exporter on the acrylic polymer market. In 2015, Germany’s exports of acrylic polymers totaled 1,931 million USD, which accounted for a 14% share in terms of global exports. USA, Japan, France, and the Republic of Korea were the other key global suppliers of acrylic polymers in 2015, with a 39% combined share of global exports.

The Republic of Korea (+16.3% per year) and USA (+3.6% per year) were the fastest growing exporters from 2007 to 2015. The Republic of Korea significantly strengthened its position in the global acrylic polymer export structure, growing its share from 3% in 2007 to 8% in 2015.

China (13%, based on value terms), Germany (7%), USA (6%), Italy (4%), and France (4%) were the leading destinations of acrylic polymer imports in 2015. Imports to China grew at a rapid pace of +7.1% per year from 2007 to 2015. By contrast, Italy and France contracted its imports of acrylic polymers over the same period. China’s import share increased by +3 percentage points, while the shares of Italy and France illustrated negative dynamics (-2 percentage points each).

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Source: World: Acrylic Polymers (In Primary Forms) - Market Report. Analysis and Forecast to 2020