Global Acrylic Acid Market is Growing Due to the Increasing Usage in Paints and Coating Industry

Acrylic Acid Market is estimated to grow at 7.60% for 2020-2027 with factor such as strict regulation imposed by the government regarding the usage of organic compounds will hamper the growth of the market in emerging economies.

Acrylic acid market has shown an exceptional penetration in developing economies in Asia-Pacific. Rising consumption of derivatives in coatings, surfactants, personal care product and others which will help in driving the growth of the market.

Acrylic Acid Market Scenario

According to Data Bridge Market Research the acrylic acid market is witnessing a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as rising applications from emerging economies, expansion of superabsorbent polymers, rising commercial production of bio-based polymers which will help in boosting the growth of the market.

Now the question is which are the other regions that acrylic acid market is targeting? Data Bridge Market Research has estimated a large growth in North America acrylic acid market and the market leaders targeting U.S., and Canada to be their next revenue pockets for 2020. The Data bridge market research new reports highlight the major growth factors and opportunities in the acrylic acid market.

For more analysis on the acrylic acid market request for a briefing with our analysts

Acrylic Acid Market Development

  • In November 2018, Nippon Shokubai announced the expansion of acrylic acid production from 100,000 metric tons to 980,000 tons per year to fulfil the increasing demand in the market. 

Scope of the Acrylic Acid Market

Acrylic acid market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the acrylic acid market is further analyzed based on maximum granularity into further segmentation. On the basis of derivative type, the market is segmented into esters/acrylates - methyl, ethyl, butyl, 2-EH, polymers - elastomers, superabsorbent polymers, water treatment polymers, and other derivatives. Based on end-users, the market is segmented into surface coatings industry, adhesives & sealants industry, plastic additives industry, water treatment, textiles, surfactants, diapers, others.
  • Acrylic acid is a type of compound which is used as feedstock that will help in obtaining acrylate esters through the process of commercializing from petrochemicals. They are widely used in other applications of paper treatment, surface coating, plastic adhesive, textiles and others.

To know more about the study

Key Pointers Covered in the Acrylic Acid Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • The Dow Chemical Company
  • Hexion
  • Mitsubishi Chemical Holdings Corporation
  • Sibur
  • Sasol
  • Cargill, Incorporated
  • Novozymes
  • Novomer Inc.
  • Yield10 Bioscience, Inc
  • Momentive
  • Sunvic chemicals
  • Wego Chemical Group
  • Scientific Solutions LLC
  • Hydrite Chemical
  • Capitol Scientific, Inc.
  • U.S. Chemicals
  • Miami Chemical, Inc.
  • Wilkens-Anderson Co.
  • CJ chemical

Above are the key players covered in the report, to know about more and exhaustive list of Acrylic Acid companies contact us

Research Methodology: Global Acrylic Acid Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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