openPR Logo
Press release

Acrylic Acid Market Future Demand Analysis With Forecast 2019-2029

Acrylic Acid Market Future Demand Analysis With Forecast

Don't miss to keep a tab on the latest happenings in chemicals vertical, all the latest updated reports are published by Persistence Market Research, along with deep insights. Our reports draws attention to the existing and projected metrices about the raw materials along with its market demand.

A recent market study by Persistence Market Research on the global acrylic acid market provides a comprehensive information and data through organized market research methodology. The acrylic acid market report includes global industry analysis 2014-2018 and forecast 2019-2029.

To remain 'ahead' of your competitors, request for a sample @ https://www.persistencemarketresearch.com/samples/30067

The market report forecasts for the upcoming market scenario based on the product type, acrylic esters application, acrylic polymers application, and region. The global acrylic acid market is expected to be valued at ~US$ 19,700 Mn in terms of value by the end of 2019, and is estimated to see a healthy CAGR of ~5% through the next decade.

Increasing Application of Surface Coating to Surge the Demand for Acrylic Acid

The paints and coatings industry has witnessed robust growth across the globe. There has been a significant rise in the demand for paints and coatings across various regions, especially in South Asia and East Asia due to the rapid industrial and increasing construction activities. Governments of developing countries such as China and India are also investing in improving the country's infrastructure, which is a major factor driving the demand for paints and coatings, resulting in boosting the demand for acrylic acid from the paints and coating industry. Furthermore, the use of acrylic acid for coatings in textile propelling the demand for acrylic acid from the textile industry.

Increasing Demand for Adhesives and Sealants for Various Applications

Applications of acrylic acid and its derivatives such as methacrylate, as an adhesive is growing in automotive and other end-use industries due to its properties such as excellent stability, strength, and resistance. Thus, the adhesives and sealants segment is anticipated to be a major factor in driving the demand for acrylic acid and its derivatives such as esters and other markets over the forecast period. Stringent regulations about the manufacturing of lightweight vehicles have also increased the usage of advanced adhesive materials, which results in propelling the acrylic acid market.

Get a Customized Scope to Match Your Need Ask an Expert- sales@persistencemarketresearch.com

Increasing Demand for Super Absorbent Polymers

Super absorbent polymers are widely consumed in the manufacturing of baby diapers, feminine hygiene products, and adult incontinence products, pertaining to upsurge the demand for acrylic acid from the superabsorbent polymer industry as acrylic acid is used in the formulation of superabsorbent polymers.

Application in Agriculture Pushing the Market for Acrylic Acid

Acrylic Acid also used in agriculture industry. It is harmless, non-polluting and has super water absorbing and water preserving ability, while the absorbed water cannot be squeezed out in simply physical ways and it can release absorb water repeatedly. Reduction in prices, wider product portfolio along with long shelf life and long-term supply relations with the chemical companies to build a competitive edge in the market.

Long-term Partnerships with Major End-use Industries Boosting the Market Growth

Global manufacturers of acrylic acid and its derivatives are entering into long-term supply contracts with major end users, such as PMMA manufacturers, paints and coatings industries, and adhesives manufacturers. Manufacturers are also entering into direct supply contracts with end users, such as electronics manufacturers, major construction companies and automotive OEMs, which result in creating a positive impact on the acrylic acid market. Manufacturers are also entering into partnerships with local distributors, majorly in the developing countries of Asia Pacific, such as India, which are solely dependent on the import of these chemicals.

Increasing Applications of Acrylic Acid in the Medical Industry Propelling Market Growth

In the medical industry, acrylic acid is used in the manufacturing of tubing connectors and cuvettes. Acrylic acid is also used in the manufacturing of test kits, syringes, and fluid silos, etc. Thus, an increase in spending on the healthcare sector is likely to boost the demand for acrylic acid from the medical equipment manufacturing industry.

For in-depth competitive analysis, buy now @ https://www.persistencemarketresearch.com/checkout/30067

Acrylic Acid Market: Competition Landscape

Mitsubishi Chemical Holdings Corporation, BASF SE, Dow Chemicals, NIPPON SHOKUBAI CO., LTD, Arkema, Formosa Plastic Corp., LG Chem, The Lubrizol Corporation, and Industries AG, are among the key players identified in the acrylic acid market.

Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Acrylic Acid Market Future Demand Analysis With Forecast 2019-2029 here

News-ID: 2675758 • Views:

More Releases from Persistence Market Research

Liquid Ring Vacuum Pump Market Innovations, Efficiency, and Emerging Trends Powering Industrial Vacuum Solutions
Liquid Ring Vacuum Pump Market Innovations, Efficiency, and Emerging Trends Powe …
The liquid ring vacuum pump market is witnessing robust growth as industries increasingly seek efficient, reliable, and cost-effective vacuum solutions. Liquid ring vacuum pumps, known for their ability to handle wet and corrosive gases, are widely used in chemical processing, pharmaceuticals, pulp and paper, food and beverage, and power generation sectors. The global liquid ring vacuum pump market size is likely to be valued at US$ 1,371.6 Mn in 2025
Molecular Spectroscopy Market Driven by Expanding Applications Across Pharmaceuticals
Molecular Spectroscopy Market Driven by Expanding Applications Across Pharmaceut …
The global molecular spectroscopy market is projected to witness significant expansion over the next several years, with forecasts indicating a compound annual growth rate (CAGR) of 7.2% between 2023 and 2030. The market value is expected to rise from US$6.5 billion in 2023 to an estimated US$10.6 billion by the end of 2030, reflecting strong demand across diverse industrial applications. The historical performance from 2018 to 2022 highlights steady growth
High Speed Steel (HSS) Metal Cutting Tools Market Innovations, Precision Engineering, and Emerging Trends Driving Industrial Machining
High Speed Steel (HSS) Metal Cutting Tools Market Innovations, Precision Enginee …
The High Speed Steel (HSS) metal cutting tools market is witnessing significant growth due to the increasing demand for efficient, precise, and durable machining solutions across diverse industries. HSS tools, renowned for their exceptional hardness, heat resistance, and versatility, are widely used in metal cutting applications including drilling, milling, turning, and threading. The global high speed steel (HSS) metal cutting tools market size is likely to be valued at US$
Medical Automation Market Expands as AI, Robotics, and IoT Drive Smarter Healthcare Systems
Medical Automation Market Expands as AI, Robotics, and IoT Drive Smarter Healthc …
The global medical automation market is poised for significant growth over the next decade, with projections indicating an expansion from US$48.7 billion in 2023 to US$84 billion by 2030, representing a robust compound annual growth rate (CAGR) of 8.1%. This growth trajectory reflects the increasing adoption of advanced automation technologies across healthcare facilities worldwide, driven by the rising demand for operational efficiency, precision in diagnostics, and enhanced patient care. Get a

All 5 Releases


More Releases for Acrylic

Acrylic Polymer Market
𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐜𝐫𝐲𝐥𝐢𝐜 𝐩𝐨𝐥𝐲𝐦𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐚𝐩𝐩𝐫𝐨𝐱𝐢𝐦𝐚𝐭𝐞𝐥𝐲 𝐔𝐒𝐃 𝟐𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟑𝟔.𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐜𝐨𝐦𝐩𝐨𝐮𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐫𝐚𝐭𝐞 (𝐂𝐀𝐆𝐑) 𝐨𝐟 𝟔.𝟒% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟑𝟐. 𝐀𝐜𝐫𝐲𝐥𝐢𝐜 𝐏𝐨𝐥𝐲𝐦𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 The acrylic polymer market has experienced significant growth due to its versatile applications across various industries, including paints and coatings, adhesives, textiles, and construction. Acrylic polymers are favored for
Application of acrylic cup
Application of acrylic cup When buying an acrylic cup, you will consider many issues, such as whether the acrylic cup is more durable than cups made of other materials, whether its material is safe, how is its load-bearing capacity different from cups made of other materials, and whether it is easy to clean after use. Here are the answers to these questions[ https://acryliccup.com/ ] Durable acrylic cup Acrylic cups are indeed more durable
Acrylic cup with straw
Acrylic cup with straw Acrylic cup with straw is convenient, but the sealing of the lid of the acrylic cup with straw becomes one of our most concerned issues when we need to carry it out. Acrylic cup with straw with poor sealing will leak. However, the sealing of acrylic cup with straw of good quality adopts high-quality silicone sealing design, which can effectively prevent liquid from spilling. In addition, the
Global Acrylic Coating Additives Market
To stand apart from the competition, a careful idea about the competitive landscape, their product range, their strategies, and future prospects is very important. This Acrylic Coating Additives Market research report also contains a comprehensive study of the product specifications, revenue, cost, price, gross capacity and production. Acrylic Coating Additives Market industry research report is a verified and consistent source of information that puts forth a telescopic view of the
Acrylic Sheets Market 2019 by | Donchamp, Jumei, Jiushixing, Guang Shun Plastic, …
“Poly(methyl methacrylate) (PMMA), also known as acrylic or acrylic glass as well as by the trade names Plexiglas, Acrylite, Lucite, and Perspex among several others (see below), is a transparent thermoplastic often used in sheet form as a lightweight or shatter-resistant alternative to glass.” Acrylic Sheets Market research report peaks the detailed analysis of industry share, growth factors, development trends, size, majors manufacturers and 2024 forecast. The report also analyses innovative
Acrylic Acid Copolymer Market Report 2018: Segmentation by Type (Ethylene/Acryli …
Global Acrylic Acid Copolymer market research report provides company profile for Lyondellbasell, Michelman, NIPPON SHOKUBAI, Shandong Taihe Water Treatment, Zouping Dongfang Chemical, DuPont, DOW (SK), Exxonmobil, Honeywell and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to