Product Code: ETC5833528 | 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 Fiji Acrylic Resins Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 3.64% in 2027, following an initial rate of 1.88%, before easing to 0.13% at the end of the period.
By 2027, Fiji's Acrylic Resins market is forecasted to achieve a stable growth rate of 3.64%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The acrylic resins market in Fiji is expanding as these versatile materials find widespread application in coatings, adhesives, and plastic manufacturing. Due to their excellent durability, transparency, and weather resistance, acrylic resins are becoming increasingly popular in automotive, construction, and decorative industries. As consumer demand for high-quality and long-lasting products rises, so too does the adoption of acrylic resins in multiple industrial applications in Fiji.
The acrylic resins market in Fiji is being driven by their widespread use in various industries, including automotive, construction, and coatings. Acrylic resins are valued for their durability, transparency, and weather-resistant properties, making them ideal for applications such as paints, adhesives, and sealants. The growing construction sector, combined with a rising demand for environmentally friendly products, is also pushing for more sustainable and high-performance materials, fueling the market for acrylic resins. Furthermore, the increasing adoption of acrylic-based products in the automotive and furniture industries is further driving the demand.
In Fiji`s acrylic resins market, there are challenges related to the volatility in raw material prices, especially petroleum-based products, which can affect the cost and availability of resins. Additionally, environmental concerns over the use and disposal of acrylic products create pressure for more sustainable manufacturing processes. The market is also hindered by competition from alternative materials, including bio-based resins.
Government policies in Fiji regarding the acrylic resins market emphasize the growth of the local manufacturing industry. These policies aim to create a business-friendly environment by reducing tariffs on raw materials and providing incentives for industries involved in the production and use of acrylic resins. Additionally, regulations are being put in place to ensure that acrylic resins are produced sustainably, with a focus on reducing environmental impact. The government also promotes international trade, opening up avenues for export of acrylic resin-based products.
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 Fiji Acrylic Resins Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Acrylic Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Acrylic Resins Market - Industry Life Cycle |
3.4 Fiji Acrylic Resins Market - Porter's Five Forces |
3.5 Fiji Acrylic Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Fiji Acrylic Resins Market Revenues & Volume Share, By Property, 2021 & 2031F |
3.7 Fiji Acrylic Resins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Fiji Acrylic Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Fiji Acrylic Resins Market Trends |
6 Fiji Acrylic Resins Market Segmentations |
6.1 Fiji Acrylic Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Fiji Acrylic Resins Market Revenues & Volume, By Methacrylates, 2021-2031F |
6.1.3 Fiji Acrylic Resins Market Revenues & Volume, By Acrylates, 2021-2031F |
6.1.4 Fiji Acrylic Resins Market Revenues & Volume, By Hybrids, 2021-2031F |
6.2 Fiji Acrylic Resins Market, By Property |
6.2.1 Overview and Analysis |
6.2.2 Fiji Acrylic Resins Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.2.3 Fiji Acrylic Resins Market Revenues & Volume, By Thermosetting, 2021-2031F |
6.3 Fiji Acrylic Resins Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Fiji Acrylic Resins Market Revenues & Volume, By Paints & Coatings, 2021-2031F |
6.3.3 Fiji Acrylic Resins Market Revenues & Volume, By Construction, 2021-2031F |
6.3.4 Fiji Acrylic Resins Market Revenues & Volume, By Medical, 2021-2031F |
6.3.5 Fiji Acrylic Resins Market Revenues & Volume, By Paper & Paperboard, 2021-2031F |
6.3.6 Fiji Acrylic Resins Market Revenues & Volume, By Textiles, 2021-2031F |
6.3.7 Fiji Acrylic Resins Market Revenues & Volume, By Fibers & Adhesives, 2021-2031F |
7 Fiji Acrylic Resins Market Import-Export Trade Statistics |
7.1 Fiji Acrylic Resins Market Export to Major Countries |
7.2 Fiji Acrylic Resins Market Imports from Major Countries |
8 Fiji Acrylic Resins Market Key Performance Indicators |
9 Fiji Acrylic Resins Market - Opportunity Assessment |
9.1 Fiji Acrylic Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Fiji Acrylic Resins Market Opportunity Assessment, By Property, 2021 & 2031F |
9.3 Fiji Acrylic Resins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Fiji Acrylic Resins Market - Competitive Landscape |
10.1 Fiji Acrylic Resins Market Revenue Share, By Companies, 2024 |
10.2 Fiji Acrylic Resins Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |