Press release
Acrylic Acid MArket Key Players | Evonik Industries, Nippon Shokubai Co. Ltd, Taixing Jurong Chemical Co Ltd
As per the study initiated by Evolve Business Intelligence, the global Acrylic Acid MArket size accounted for USD 12.7Billion in 2022, growing at a CAGR of 4.8% from 2023 to 2033. Acrylic acid is a key chemical compound used in the production of various polymers and resins. It is primarily employed in the manufacturing of superabsorbent polymers, coatings, adhesives, sealants, and textiles. The acrylic acid market refers to the global or regional economic activities related to the production, distribution, and consumption of acrylic acid and its derivatives.Factors influencing the acrylic acid market include demand from end-use industries like textiles, adhesives, and diapers, as well as technological advancements in production processes. Market dynamics such as raw material prices, regulatory policies, and environmental considerations also play a role in shaping the acrylic acid market.
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Key Highlights:
• The global Acrylic Acid MArket size was valued at USD 12.7 billion in 2022 growing at a CAGR of 4.8% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Acrylic Acid MArket. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Acrylic Acid MArket players holding high market shares include Evonik Industries, Nippon Shokubai Co. Ltd, Taixing Jurong Chemical Co Ltd and LG Chemicals. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• BASF SE
• The Dow Chemical Company
• Arkema SA
• Evonik Industries
• Nippon Shokubai Co. Ltd
• Taixing Jurong Chemical Co Ltd
• LG Chemicals
• Shenyang Chemical Co Ltd
• Mitsubishi Chemical
• Hexion Inc
Segmental Analysis
Market Segment By Type
• Superabsorbent Polymers
• Methyl Acrylate
• Ethyl Acrylate
• Elastomers
• Butyl Acrylate
Market Segment By Application
• Paper Coating
• Adhesives & Sealants
• Agriculture
• Plastic Sheets
• Diapers
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
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