Acrylic Acid Market Share, Trends and Leading Players by 2022


Posted August 10, 2018 by serenathomson

The global acrylic acid market size is estimated to reach USD 13 Billion by 2020 at a CAGR of 5 % till 2022.

 
New York, August 10, 2018: The global acrylic acid market size is estimated to reach USD 13 Billion by 2020 at a CAGR of 5 % till 2022.

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.

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.

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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 Acrylic Acid Market is segmented on the Derivative Type, End Users Type and Geographical Analysis. By Derivative Type this market is segmented on the basis of Acrylic Esters, Acrylic Polymers and Other Derivatives. Acrylic Esters is segmented into Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate and Ethyhexyl Acrylate. Acrylic Polymers is segmented into Crylic Elastomers, Super Absorbent Polymers and Water Treatment Polymers. Other Derivatives is segmented into Ammonium Polyacrylate and Cyanopolyacrylate.

By End Users Type this market is segmented on the basis of Diapers, Surface Coatings Industry, Adhesives & Sealants Industry, Plastic Additives Industry, Water Treatment, Textiles, Surfactants and Others. By Geographical Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and LAMEA.

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 2022.
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.

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Table of Contents

1 INTRODUCTION

2 Research Methodology

3 Executive Summary

4 Premium Insights

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

7 Acrylic Acid Market, By Derivative

8 Acrylic Acid Market, By Application

9 Acrylic Acid Market, By Region

10 Competitive Landscape

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.

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Last Updated August 10, 2018