Global Bio-based Acrylic Acid Market Growth 2023-2029

Global Bio-based Acrylic Acid Market Growth 2023-2029

The acrylic acid industry has seen significant change over the past two decades. With the closure of acetylene-based and acrylonitrile-based plants in the 1990s, the production of acrylic acid via two-stage propylene oxidation became the preferred and dominant method of production for acrylic acid producers, globally. Currently, licensors and technology holders of two-stage propylene oxidation technology are looking to improve their processes with new catalyst formulations, modifications to reactor design, and/or establishing operational best-practices through newly optimized parameters. The next decade, however, will give rise to a new wave of technologies – particularly, bio-based routes to acrylic acid. At present, there is no industrialized bio-based acrylic acid sold in Europe. This project takes the petrochemical-based acrylic acid sales data to evaluate the potential market for bio-based acrylic acid. Analyze its future development space.
LPI (LP Information)' newest research report, the “Bio-based Acrylic Acid Industry Forecast” looks at past sales and reviews total world Bio-based Acrylic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-based Acrylic Acid sales for 2023 through 2029. With Bio-based Acrylic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Acrylic Acid industry.
This Insight Report provides a comprehensive analysis of the global Bio-based Acrylic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bio-based Acrylic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-based Acrylic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based Acrylic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bio-based Acrylic Acid.
The global Bio-based Acrylic Acid market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In Europe market, Bio-based Acrylic Acid key players include BASF, Arkema, DOW, Hexion, LG Chem, etc. The top five manufacturers hold a share about 95%. Germany is the largest market, with a share about 40%, followed by France, with a share about 30 percent. In terms of product, Purity (＜99%) is the largest segment, with a share about 60%. And in terms of application, the largest application is Super Absorbent Polymers, followed by Coating, Polyacrylic Acid Polymers, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Acrylic Acid market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Purity (Below 99%)
Purity (Above 99%)
Segmentation by application
Super Absorbent Polymers
Coating
Polyacrylic Acid Polymers
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
DuPont
Arkema
LG Chem
Hexion
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio-based Acrylic Acid market?
What factors are driving Bio-based Acrylic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-based Acrylic Acid market opportunities vary by end market size?
How does Bio-based Acrylic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.