The global acrylic acid market size was USD 14.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.7% during the forecast period. Rising superabsorbent polymers and increasing adoption of acrylic acid in the construction industry and need for adhesives and sealants are key factors driving market revenue growth.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Acrylic Acid market include:
Arkema, BASF SE, China Petroleum and Chemical Corporation, DOW, Formosa Plastic Corporation, LG Chem, Merck KGaA, Mitsubishi Chemical Corporation, Nippon Shokubai Co. Ltd, Sasol, Shangai Huayi Acrylic Acid Co. Ltd, Wanhua, Satellite Chemical Co. Ltd, PJSC Sibur Holdings, Hexion Inc., Evonik Industries, Shandong Haili Chemical Industry Co. Ltd, Myriant Corporation, TASNEE, and Momentive Speciality Chemicals Co
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Acrylic Acid market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8-year analysis of the Global Acrylic Acid Market
- Critical understanding of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Acrylic Acid Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019-2032)
- Acrylic Esters
- Methyl
- Ethyl Arcylate
- Butyl Acrylate
- Acrylic Polymers
- Acrylic Elastomers
- Water Treatment Polymers
- Others Polymers
- Acrylic Esters
Formulation Outlook (Revenue, USD Billion; 2019-2032)
- Water-borne Resins
- Solvent-borne Resins
- Solventless Resins
- Powder Resins
- Radiation Curable Resins
Application Outlook (Revenue, USD Billion; 2019-2032)
- Adhesives and Sealants
- Diapers
- Surface Coatings
- Cement Modifiers
- Paper Industry
- Textile
- Anti-salcant
- Adult Incontinence Products
Acrylic Acid Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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