Acrylic Acid Market (Acrylate Esters, Glacial Acrylic Acid & Others) for Superabsorbent polymers & Surface Coatings, Adhesives and Sealants, Textiles, Plastic Additives & Printing Ink Applications - Global Industry Analysis, Size, Share, Growth and Forecast, 2022 - 2027
The global acrylic acid market size is estimated to reach more than US$ 17.85 Billion by 2027 at a CAGR of 5 % till 2027.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
5
REPORT DESCRIPTION
Acrylic acid is an organic compound by nature and possess a typical tart or acrid smell. Acrylic Acid is a derivative of Esters and Acrylates They have a wide range of application in paper treatment, plastic additives, textiles, sealants, adhesives, and surface coatings. The prices of oil has been rising due to this manufacturers are using bio-based techniques to produce this unsaturated carboxylic acid and acrylates from renewable resources such as glycerol, sugar, etc.
The global acrylic acid market size is estimated to reach more than US$ 17.85 Billion by 2027 at a CAGR of 5 % till 2027.
The major driving factors of Acrylic Acid Market are as follows:
• Increasing demand for superabsorbent polymers.
• Adoption of acrylic-based products in large quantities in emerging economies such as Asia Pacific and growing industries such as adhesives and sealants.
The restraints factors of Acrylic Acid Market are as follows:
Due to the increasing environmental concerns in developed countries such as North America and Europe Stringent government regulations are imposed on the use of this organic compound.
The market segmentation of Acrylic Acid Market is based on Derivatives, by end users and by geographic segmentation. The market segmentation of Acrylic Acid Market based on Derivatives is Acrylic Esters - Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Ethyhexyl Acrylate. Acrylic Polymers - Crylic Elastomers, Super Absorbent Polymers, Water Treatment Polymers. Other Derivatives - Ammonium Polyacrylate, Cyanopolyacrylate
This report provides:
1) An overview of the global Acrylic Acid Market and related technologies.
2) Analyses of global market trends and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Acrylic Acid Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for various types of Acrylic Acid Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Dow Chemical Company, BASF SE, Arkema SA, The Lubrozol Corporation, LG Chem LTD., Evonik Industries Ag, SIBUR, Myriant Corporation, SunVic Chemical Holdings Limited and Momentive Specialty Chemicals.Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Market Segmentation of Acrylic Acid Market:
MARKET BY DERIVATIVE TYPES
• Acrylic Esters
o Methyl Acrylate
o Ethyl Acrylate
o Butyl Acrylate
o Ethyhexyl Acrylate
• Acrylic Polymers
o Crylic Elastomers
o Super Absorbent Polymers
o Water Treatment Polymers
• Other Derivatives
o Ammonium Polyacrylate
o Cyanopolyacrylate
MARKET BY END USERS
• Diapers
• Surface Coatings Industry
• Adhesives & Sealants Industry
• Plastic Additives Industry
• Water Treatment
• Textiles
• Surfactants
• Others
MARKET BY GEOGRAPHY
• North America
• Europe
• Asia-Pacific
• LAMEA
Reasons to buy this Report:
1) Obtain the most up to date information available on all active and planned Acrylic Acid Market globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Acrylic Acid Market
industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities for Acrylic Acid
4.2 Asia-Pacific: Largest Acrylic Acid Market
4.3 Asia-Pacific is Expected to Dominate the Global Acrylic Acid Market, 2018–2024
4.4 Life Cycle Analysis
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Derivative
5.2.2 By Application
5.2.3 By Region
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rising Demand for Acrylic Acid in Emerging Markets
5.3.1.2 Rapid Expansion and Growing Applications of Superabsorbent Polymers
5.3.2 Restraints
5.3.2.1 Capacity Build and Oversupply
5.3.2.2 Environmental Concerns and Health Hazards
5.3.2.2.1 Clean Air Act (Amendments) 1990
5.3.2.2.2 Acute Toxicity and Air Exposure Limits
5.3.2.2.3 Health Hazards
5.3.2.2.4 Pulmonary Edema
5.3.2.3 Stagnant Growth in Baby Diaper Market in North American, Western European, and Japanese Market
5.3.3 Opportunities
5.3.3.1 Commercial Production of Bio-Based Acrylic Acid
5.3.3.2 Increasing Usage of Sap in Developing Economies
5.3.3.3 Shift From Pva and Vinyl Acetate to Acrylic Emulsions
5.3.4 Challenges
5.3.4.1 Commercialization of Bio-Based Acrylic Acid
6 Industry Trends
6.1 Introduction
6.2 Value-Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Threat From New Entrants
6.3.2 Threat From Substitutes
6.3.3 Bargaining Power of Suppliers
6.3.4 Bargaining Power of Buyers
6.3.5 Intensity of Competitive Rivalry
7 Acrylic Acid Market, By Derivative
7.1 Introduction
7.2 Acrylic Acid Derivatives
7.2.1 Acrylic Esters
7.2.1.1 Methyl Acrylate
7.2.1.2 Ethyl Acrylate
7.2.1.3 Butyl Acrylate
7.2.1.4 2-Ethylhexyl Acrylate
7.2.1.5 Other Acrylic Esters
7.2.1.5.1 Specialty Acrylate
7.2.1.5.2 Benzyl Acrylate
7.2.1.5.3 Hydroxypropyl Acrylate
7.2.2 Acrylic Polymers
7.2.2.1 Acrylic Elastomers
7.2.2.2 Superabsorbent Polymers
7.2.2.3 Water Treatment Polymers
7.3 Other Derivatives
7.3.1 Ammonium Polyacrylate
7.3.2 Polycyanoacrylate
8 Acrylic Acid Market, By Application
8.1 Introduction
8.2 Acrylic Esters Market, By Application
8.2.1 Surface Coatings
8.2.2 Adhesives & Sealants
8.2.3 Plastic Additives
8.2.4 Detergents
8.2.5 Textiles
8.2.6 Other Applications
8.3 Acrylic Polymers and Other Derivatives Market, By Application
8.3.1 Diapers & Training Pants
8.3.2 Adult Incontinence & Other Personal Care Products
8.3.3 Water Treatment (Dispersants, Anti-Scalants, and Thickeners)
8.3.4 Other Applications
9 Acrylic Acid Market, By Region
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Rest of North America
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Netherlands
9.3.4 Belgium
9.3.5 Rest of Europe
9.4 Asia-Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Rest of Asia-Pacific
9.5 RoW
9.5.1 South America
9.5.2 Africa
9.5.3 The Middle East
10 Competitive Landscape
10.1 Overview
10.2 Competitive Situation and Trends
10.3 Expansion: Most Popular Growth Strategy Between 2018 and 2014
10.3.1 Expansions
10.3.2 New Product Development
10.3.3 Joint Ventures
10.3.4 Agreements
10.3.5 Mergers & Acquisitions
11 Company Profiles
11.1 Introduction
11.2 BASF SE
11.3 Arkema SA
11.4 Nippon Shokubai Co. Ltd.
11.5 Evonik Industries
11.6 The DOW Chemical Company
11.7 LG Chem Ltd.
11.8 Mitsubishi Chemical Holdings Corp.
11.9 PJSC Sibur Holding
11.10 Sasol Ltd.
11.11 Hexion Inc.
The Market Segmentation of Acrylic Acid Market:
MARKET BY DERIVATIVE TYPES
• Acrylic Esters
o Methyl Acrylate
o Ethyl Acrylate
o Butyl Acrylate
o Ethyhexyl Acrylate
• Acrylic Polymers
o Crylic Elastomers
o Super Absorbent Polymers
o Water Treatment Polymers
• Other Derivatives
o Ammonium Polyacrylate
o Cyanopolyacrylate
MARKET BY END USERS
• Diapers
• Surface Coatings Industry
• Adhesives & Sealants Industry
• Plastic Additives Industry
• Water Treatment
• Textiles
• Surfactants
• Others
MARKET BY GEOGRAPHY
• North America
• Europe
• Asia-Pacific
• LAMEA
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