Press release
Acrylic Acid Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in October 2019, Arkema successfully started its new 90,000-ton acrylic acid reactor at its Clear Lake site in Texas to attract consumers from paints, superabsorbents, water treatment, and adhesives markets in North America. Equipped with the latest production technologies, this new reactor replaces two decommissioned reactors of 45,000 tons each. Clear Lake is now one of the most competitive acrylic acid sites in the United States, owing to a $90 million investment. The Group will be able to support the expansion of its North American clients in industries including adhesives, superabsorbents, paints, polymers, and coatings, for water treatment and increased oil and gas recovery with this new capacity. Additionally, this expansion reinforces Arkema's position as the region's second-largest producer of acrylic acid.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Type
By End-Use
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- BASF SE, Nippon Shokubai Co.,Ltd., The Dow Chemical Company, Arkema Group, and LG Chem, Ltd.
Acrylic acid Market Report Segment
By Type
Acrylate Esters
Glacial Acrylic Acid
Others
By End-Use
Surfactants
Organic Chemicals
Adhesives & Sealants
Textiles
Water Treatment
Others (Personal Care Products)
A full Report of Acrylic Acid Market is Available @ https://www.omrglobal.com/industry-reports/acrylic-acid-market
Acrylic acid Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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