Product Code: ETC5833507 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Burundi Acrylic Resins Market is likely to experience consistent growth rate gains over the period 2025 to 2029. Commencing at 5.57% in 2025, growth builds up to 9.79% by 2029.
By 2027, the Acrylic Resins market in Burundi is anticipated to reach a growth rate of 7.77%, as part of an increasingly competitive Africa region, where Egypt remains at the forefront, supported by South Africa, Ethiopia, Algeria and Nigeria, driving innovations and market adoption across sectors.
The acrylic resins market in Burundi is developing, primarily driven by the paint, coatings, and adhesives industries. Growth is expected as the construction and automotive sectors expand, although high import costs may slow down the pace.
The Burundi acrylic resins market is experiencing growth due to the rising demand for durable and versatile materials in various applications, including coatings, adhesives, and composites. The versatility of acrylic resins, which offer excellent clarity, weather resistance, and adhesion properties, is driving their use in a wide range of industries. Additionally, the growth in construction and automotive sectors, along with innovations in resin formulations, is contributing to market expansion.
Challenges in the acrylic resins market in Burundi include the high cost of raw materials and limited local manufacturing capabilities. Import dependency can lead to supply chain disruptions and price volatility. Additionally, there is a need for improved awareness and education on the applications and benefits of acrylic resins.
The Burundian government supports the chemical industry, including the production and application of acrylic resins, through policies that promote industrialization and local manufacturing. There are specific import-export regulations in place to protect local producers of acrylic resins, alongside incentives for setting up production facilities within the country.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Burundi Acrylic Resins Market Overview |
3.1 Burundi Country Macro Economic Indicators |
3.2 Burundi Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Burundi Acrylic Resins Market - Industry Life Cycle |
3.4 Burundi Acrylic Resins Market - Porter's Five Forces |
3.5 Burundi Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Burundi Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.7 Burundi Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Burundi Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Burundi Acrylic Resins Market Trends |
6 Burundi Acrylic Resins Market Segmentations |
6.1 Burundi Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Burundi Acrylic Resins Market Revenues & Volume, By Methacrylates, 2021-2031F |
6.1.3 Burundi Acrylic Resins Market Revenues & Volume, By Acrylates, 2021-2031F |
6.1.4 Burundi Acrylic Resins Market Revenues & Volume, By Hybrids, 2021-2031F |
6.2 Burundi Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 Burundi Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2.3 Burundi Acrylic Resins Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3 Burundi Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Burundi Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Burundi Acrylic Resins Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Burundi Acrylic Resins Market Revenues & Volume, By Medical, 2021-2031F |
6.3.5 Burundi Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.3.6 Burundi Acrylic Resins Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Burundi Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2021-2031F |
7 Burundi Acrylic Resins Market Import-Export Trade Statistics |
7.1 Burundi Acrylic Resins Market Export to Major Countries |
7.2 Burundi Acrylic Resins Market Imports from Major Countries |
8 Burundi Acrylic Resins Market Key Performance Indicators |
9 Burundi Acrylic Resins Market - Opportunity Assessment |
9.1 Burundi Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Burundi Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
9.3 Burundi Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Burundi Acrylic Resins Market - Competitive Landscape |
10.1 Burundi Acrylic Resins Market Revenue Share, By Companies, 2024 |
10.2 Burundi Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |