Acrylic Acid - Global Market Outlook (2017-2026)

Acrylic Acid - Global Market Outlook (2017-2026)

According to Stratistics MRC, the Acrylic Acid market is accounted for $14956.48 million in 2017 and is expected to reach $34817.86 million by 2026 growing at a CAGR of 9.8%. Growing demand in emerging markets, increasing demand from end user industries and rising demand for high strength materials are factors fuelling the market growth. However, volatile prices of the raw materials and stringent government regulations are hindering the market growth. Moreover, demand for Polymethyl methacrylate (PMMA) resins in different industries provides ample opportunities for market growth.

Acrylic acid is an organic compound having tart or acrid smell. The glacial acrylic acid (GAA) is a clear, colorless liquid with a pungent odor. Properties of it includes adaptable to low temperature, acidic odour easily miscible with water, colorless liquid, good weather ability, alcohols, ethers, and chloroform. It is formed from propylene which is a byproduct of ethylene and gasoline production. It is miscible with water, alcohols and ethers.

Based on end user, personal care segment is projected to grow at a steady rate due to increasing demand for super absorbent polymers. Personal care products such as diapers and adult incontinence products are increasingly using super absorbent polymers. By geography, Asia Pacific is anticipated held largest market share due to rising derivatives consumption in surfactants, coatings, personal care products and adhesives. In addition, North America is expected to have considerable market share owing to increasing demand in end user industries and growing geriatric population in the U.S. and Canada.

Some of the key players in the Acrylic Acid market include BASF SE, The Dow Chemical Co., Bayer AG, Evonik Industries AG, Arkema, Formosa Plastics Co., Nippon Shokubai Co. Ltd., Wanhua Chemical Group, Rohm and Haas, Mitsubishi Chemical Holdings, SDP Global Co. Ltd., LG Chem Ltd., Momentive, Sinopec Group, Idemitsu Petrochemical, Procter & Gamble Co., Sibur, Sanyo Chemical Industries, Ltd., Songwon Industrial Co. Ltd. and American Acryl.

Derivatives Covered:
• Acrylic Polymers
• Acrylic Esters
• Other Derivatives

End Users Covered:
• Plastic Additives Industry
• Diapers
• Surfactants & Flocculants
• Surface Coatings Industry
• Water Treatment
• Adhesives & Sealants Industry
• Textiles
• Organic Chemicals
• Water Filtration
• Personal Care Products
• Detergents
• Superabsorbent Polymer (SAP)
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements