Press release
Acrylic Acid Market Demand, Growth Factors, Supply, Latest Rising Trend
Polyacrylic acid is a polymer of acrylic acid. Polyacrylic acid is formed when the acrylic ester of acrylonitrile undergoes polymerization followed by hydrolysis. Polyacrylic acid (or PAA) is commercially traded as ‘Carbomer’ and has properties similar to water-soluble natural gums. Polyacrylic acid is highly stable when exposed to hydrolysis and does not undergo biodegradable degradation.FACTS AT A GLANCE
Companies:BASF SE, Arkema S.A., Dow Chemical Company, Ashland Global Specialty Chemicals Inc., The Lubrizol Corporation, Kemira Oyj, NIPPON SHOKUBAI CO., LTD., ZEEL PRODUCT, Maxwell Additives Pvt. Ltd., CHEMTEX SPECIALITY LTD., Polysciences, Inc., PROTEX INTERNATIONAL
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Coverage: All major geographies and key segments
Segments: Type Physical state(Liquid Polyacrylic Acid,Powder Polyacrylic Acid); Applications(Thickeners,Dispersing Agents,Conditioners,Emulsifiers,Anti – scaling,Ion-exchangers,Clarifying Agents)
Geographies: North America (U.S., Canada),Latin America (Mexico, Brazil, Argentina, Chile, Peru),Western Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordic, Eastern Europe),CIS and Russia,Asia-Pacific (China, India, ASEAN, South Korea),Japan,Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel)
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ABSTRACT-
The production of polyacrylic acid is widely dependent on its parent market – acrylic acid. The use of super absorbent polymers are estimated to drive the demand for polyacrylic acid. Super absorbent polymers find wide application as they can absorb water up to 500 times its own weight.
Additionally, polyacrylic acid readily dissolves in water and is widely consumed in the treatment of sewage water and wastewater effluents. This is anticipated to remain one of the significant driving factor for the polyacrylic acid market.
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Health and safety standards are implemented in every country and the ones in the North America and Europe market are observed to be more stringent than in other regions such as Asia Pacific. Polyacrylic acid, though found to be non – toxic, irritates skin and eye. Hence, its use in the cosmetics industry is very limited and narrow.
Polyacrylic acid falls under the scrutiny of numerous independent and government environmental authorities. This includes the regulations set by the US EPA Toxic Substances Control Act (TSCA). Polyacrylic acid is also continuously monitored by a World Health Organization agency, International Agency for Research on Cancer. Sodium salt of polyacrylic acid is included I the list of food additives by US FDA (Food & Drug Administration).
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