Acrylic Acid Market, By Derivatives (Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2-Ethylhexyl Acrylate, Glacial Acrylic Acid, Super Absorbent Polymers, and Others), By Applications (Paints and Coatings, Adhesives and Sealants, Surfactants, Sanitary P
Acrylic Acid Market, By Derivatives (Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2-Ethylhexyl Acrylate, Glacial Acrylic Acid, Super Absorbent Polymers, and Others), By Applications (Paints and Coatings, Adhesives and Sealants, Surfactants, Sanitary Products, Textiles, and Other Applications), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
Acrylic acid is an organic compound that is widely used in the production of polymers and acrylate esters that have high commercial value. The increasing demand for water-based paints and coatings, adhesives and sealants, and personal care products has been driving the demand for acrylic acid in recent years. Additionally, the growing use of superabsorbent polymers in baby diapers and adult incontinence products is expected to boost the market growth over the forecast period
Market Dynamics:
The global acrylic acid market is being driven by rising demand from the water-based paints and coatings industry. Acrylic acid is used in the production of polymers that are employed as binders in water-based paints and coatings. These coatings offer benefits, such as zero volatile organic compound emissions, low odor, and rapid drying, which has resulted in their growing preference over solvent-based paints. However, fluctuating crude oil prices remain a key challenge for market players as acrylic acid is derived from propylene, which is obtained from petroleum refining. Opportunities lie in the expanding construction and automotive industries in developing nations. Rapid urbanization and growing investments in infrastructure development are fueling the demand for paints and coatings used in construction activities.
Key Features of the Study:
This report provides an in-depth analysis of the global acrylic acid market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global acrylic acid market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Arkema, BASF SE, China Petroleum & Chemical Corporation (SINOPEC), Dow, Formosa Plastic Corporation, LG Chem, Merck KGaA, Mitsubishi Chemical Corporation, NIPPON SHOKUBAI CO. LTD, Sasol, Shanghai Huayi Acrylic Acid Co. Ltd, Satellite Chemical Co. Ltd, Wanhua, Dhalop Chemicals, Emco Dyestuff Pvt , Vizag Chemical, Niksan Pharmaceutical, and Innova Corporate
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global acrylic acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global acrylic acid market
Detailed Segmentation-
By Derivatives:
Methyl Acrylate
Butyl Acrylate
Ethyl Acrylate
2-Ethylhexyl Acrylate
Glacial Acrylic Acid
Super Absorbent Polymers
Others
By Applications:
Paints and Coatings
Adhesives and Sealants
Surfactants
Sanitary Products
Textiles
Other Applications
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Arkema
BASF SE
China Petroleum & Chemical Corporation (SINOPEC)
Dow
Formosa Plastic Corporation
LG Chem
Merck KGaA
Mitsubishi Chemical Corporation
NIPPON SHOKUBAI CO. LTD
Sasol
Shanghai Huayi Acrylic Acid Co. Ltd
Satellite Chemical Co. Ltd
Wanhua
Dhalop Chemicals
Emco Dyestuff Pvt
Vizag Chemical
Niksan Pharmaceutical
Innova Corporate
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Derivatives
Market Snippet, By Applications
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Acrylic Acid Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Acrylic Acid Market
Impact Analysis
5. Global Acrylic Acid Market, By Derivatives, 2019-2031, (US$ Bn & KT)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Methyl Acrylate
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Butyl Acrylate
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Ethyl Acrylate
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
2-Ethylhexyl Acrylate
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Glacial Acrylic Acid
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Super Absorbent Polymers
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
6. Global Acrylic Acid Market, By Applications, 2019-2031, (US$ Bn & KT)
Introduction
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Paints and Coatings
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Adhesives and Sealants
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Surfactants
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Sanitary Products
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Textiles
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
Other Applicationss
Market Share Analysis, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, 2019 - 2031
Segment Trends
7. Global Acrylic Acid Market, By Region, 2019-2031, (US$ Bn & KT)
Introduction
Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
Y-o-Y Growth Analysis, For Region, 2020-2031
North America
Introduction
Market Size and Forecast, By Derivatives, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Applications, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Derivatives, 2019 – 2031, (US$ Bn & KT))
Market Size and Forecast, By Applications, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Derivatives, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Applications, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Derivatives, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Applications, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Derivatives, 2019 – 2031, (US$ Bn & KT)
Market Size and Forecast, By Applications, 2019 - 2031 (US$ Bn & KT)
Market Size and Forecast, By Country, 2019 – 2031, (US$ Bn & KT)
GCC Countries
Israel
Rest of Middle East & Africa
8. Competitive Landscape
Market Share Analysis
Company Profiles
Arkema
Company Overview
Product Portfolio
Recent Developments/Updates
BASF SE
Company Overview
Product Portfolio
Recent Developments/Updates
China Petroleum & Chemical Corporation (SINOPEC)
Dow
Formosa Plastic Corporation
LG Chem
Merck KGaA
Mitsubishi Chemical Corporation
NIPPON SHOKUBAI CO. LTD
Sasol
Shanghai Huayi Acrylic Acid Co. Ltd
Satellite Chemical Co. Ltd
Wanhua
Dhalop Chemicals
Emco Dyestuff Pvt
Vizag Chemical
Niksan Pharmaceutical
Innova Corporate
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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