Press release
Acrylic Acid Market to Witness Huge Growth by 2031 -BASF SE, Arkema SA, Nippon Shokubai Co. Ltd., Evonik Industries.
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The Acrylic Acid market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Acrylic acid is a white, unsaturated carboxylic acid with the chemical formula C₃H₄O₂, produced by catalytically oxidizing propylene in two stages. It can be copolymerized with esters and other vinyl monomers, as well as polymerized to create homopolymers. Primarily, acrylic acid is used in the production of polymers for various plastic products, but it is also important for manufacturing adhesives, sealants, and surfactants.
Forecast Growth Projected:
The Global Acrylic Acid Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Acrylic Acid Market: BASF SE, Arkema SA, Nippon Shokubai Co. Ltd., Evonik Industries, The DOW Chemical Company, LG Chem Ltd., Mitsubishi Chemical Holdings Corp., PJSC Sibur Holding, Sasol Ltd., and Hexion Inc.
Segment Covered in the Acrylic Acid Market:
By Derivative: Acrylic Esters, Acrylic Polymers, Others.
By Application: Surface Coatings, Adhesives and sealants, Plastic Additives, Sanitary Products, Textiles, Others.
Regional Analysis:
The global Acrylic Acid Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Acrylic Acid Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Acrylic Acid Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Acrylic Acid manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Acrylic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Acrylic Acid Market?
The Acrylic Acid Market size was USD $$$ 2023. It is expected to reach USD $$$ 2031.
How fast is the Acrylic Acid Market growing?
The Acrylic Acid Market will exhibit a HIGH CAGR during the forecast period, 2023-2031.
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