Acrylic Acid Market Key players are Dow Chemical Company, BASF SE, Arkema SA, The Lubrozol Corporation, LG Chem LTD., Evonik Industries Ag
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Acrylic acid is the essential compound used in surface coating industry that helps in manufacturing of high tensile and thermal resistance materials. Acrylic acid is expected to be the largest revenue generating segment in surface coating industry due to the increase in demand for absorbent polymers in manufacturing consumer products. The acrylic acid market garnered approximately half of the total market revenue of absorbent polymers market in 2012 and it is further expected to grow.
Developed economies are witnessing rapid growth in acrylic acid market as it largely used in manufacturing consumer products; therefore, there is a positive expectancy for the market to grow in future. However, In spite of the positive market expectancy in developed economics, the companies in developing economies are unable to establish manufacturing plants for acrylic acid production due to the heavy initial capital involved. Gaining competitive advantage in the growing economies such as China, India and Africa is the first target for companies competing in this market. However, to explore the opportunities in the market, companies competing in the global market are adopting collaboration and agreement as developmental strategies in acrylic acid market.
The developmental strategies, Porter's five force analysis and value chain analysis in the report provide high level analysis to the industry experts that would help them take strategic decision. The companies operating in acrylic acid market are profiled in this report and effectively analyzed to understand current market scenarios.
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Key Benefits of the Report :
• This report will give a detailed analysis of drivers and factors limiting market expansion
• Projections made for the next seven years (2014 - 2020) by considering values for 2013 as reference
• A unique market scenario analysis for 2025 will allow stakeholders to gain insight into the market beyond 2020 based on the realistic assumptions and key technological trends
• Porter's five forces and SWOT analysis would help the decision makers in making strategic decisions
• Analysis of key market players and strategies adopted by them will be dealt in the report to give a deep dive intelligence to the stake holders about the top contenders in the acrylic acid market
• Micro level analysis based on derivative types, applications and geographies to give comparative analysis of the global market
• Comprehensive and quantitative data about changing market trends, competition and opportunities in product and application market will be provided in the report to help the stake holders in making strategic decisions
• Identification of key investment pockets will allow stakeholders to plan their strategic moves intelligently.
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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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