Acrylic Resins Procurement Research – Market Trends and Spend Analysis by SpendEdge

LONDON–(BUSINESS WIRE)–#acrylicresins—SpendEdge,
a global procurement intelligence advisory firm, has announced the
release of their ‘Acrylic
Resins Market Procurement Research Report.’ The insights and
data in this report provide a strategic analysis of the supply markets,
factors influencing purchasing decisions, procurement best practices,
pricing models, supplier landscape, and an analysis of the supplier
capability matrix for the chemicals
industry. This report breaks down the data and analysis
behind the procurement of acrylic resins and acts as an all-inclusive
guide for making smart purchasing decisions.

“The growing use of the acrylic resins in the manufacture of light
guides in LCD contributes to the growth of the market,” says SpendEdge
procurement analyst Anil Seth. “Also, APAC is considered as the largest
contributor to the global acrylic resins market, both in terms of
production and consumption,” added Anil.

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Procurement analysts at SpendEdge highlight the following top three
market trends that are contributing to the growth of the Global Acrylic
Resins Market:

• Increasing adoption of bio-acrylic resins
• Adoption of manufacturing technologies that can increase efficiency
• Increase in joint ventures between global and regional players

This report is available at USD 1000 discount for a limited time only:
View
the report snapshot before purchasing

Increasing adoption of bio-acrylic resins

In the acrylic resins category, the suppliers are shifting toward
bio-acrylic resins that use renewable raw materials such as sugar and
glucose syrup. This shift toward the bio-acrylic resins will help the
buyers reduce the overall cost of acrylic resins.

Adoption of manufacturing technologies that can increase efficiency

Globally, the suppliers are replacing old technologies with the latest
technologies to increase their production efficiency. These technologies
will help the suppliers reduce their production costs by eliminating
additional costs associated with electricity.

Increase in joint ventures between global and regional players

In the acrylic resins category, the suppliers are focusing on entering
into joint ventures to expand their reach across potential regions. This
also helps the buyers procure high-quality acrylic acid at
cost-effective rates.

View
our report snapshot to gain detailed insights into the current
market trends.

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement
excellence. We are a preferred procurement market intelligence partner
for Fortune 500 firms and other leading companies across numerous
industries. Our strength lies in delivering robust, real-time
procurement market intelligence that helps sourcing and procurement
professionals make informed decisions. These innovative procurement
solutions help enterprises transform structural capabilities, improve
execution efficiency, and fast-track time to savings.

Contacts

SpendEdge
Anirban Choudhury
Marketing Consultant
US: +1
630 984 7340
[email protected]