Press release
Glacial Acrylic Acid Market Future Trends and Scope Analysis Report
The global glacial acrylic acid market is estimated to reach over USD 3.6 million by 2034, exhibiting a CAGR of 3.3% during the forecast period.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1519
Glacial acrylic acid (GAA), a carboxylic acid compound, serves as a critical raw material in the production of polymeric and methacrylate esters, as well as various chemical intermediates. Due to its ability to be crosslinked into complex molecular structures, acrylic acid demonstrates substantial versatility in polymer synthesis. It is primarily produced through the oxidation of propane and, increasingly, through bio-based methods utilizing lactic acid.
The market for glacial acrylic acid is benefiting from stringent environmental regulations that mandate the treatment of industrial effluents before their discharge into marine environments. This regulatory framework is encouraging the adoption of biopolymers and indirectly supporting the growth of the acrylic acid market. Additionally, rising urbanization and government initiatives aimed at improving water treatment infrastructure are anticipated to further stimulate demand for acrylic acid, particularly in wastewater treatment applications.
List of Prominent Players in the Glacial Acrylic Acid Market:
• Arkema
• BASF SE
• Dow Inc
• Evonik Industries
• Exxon Mobil Corporation
• Formosa Plastics Corporation
• Hexion Inc.
• LG Chem
• Mitsubishi Chemical Holdings Corporation
• Myriant Corporation
• Nippon Shokubai Co Ltd
• Novomer Inc
• PJSC Sibur Holding
• Sanmu Group
• Shandong Kaitai Petrochemical Co., Ltd.
• Shanghai Huayi Acrylic Acid Co. Ltd
• Shell Chemicals
• SHOKUBAI CO. LTD
• SIBUR
• Taixing Jurong Chemical Co Ltd
• The Lubrizol Corporation
Market Dynamics:
Drivers-
The global glacial acrylic acid (GAA) market is witnessing strong growth, driven by the rising production of protective coatings, emulsifiers, adhesives, and sealants. GAA's extensive application as a chemical feedstock, along with its increasing adoption in the personal care sector due to its microencapsulation and superabsorbent properties, are major contributors to market expansion. The heightened demand for personal care products utilizing GAA, particularly in formulations requiring high absorption, is expected to propel the market further.
Curious about this latest version of the report? @
https://www.insightaceanalytic.com/enquiry-before-buying/1519
Challenges:
Despite its growth potential, the GAA market faces several challenges. Volatility in propylene prices, diminishing petroleum reserves, and inconsistent raw material availability are key constraints. The limited awareness and slower adoption of GAA in certain developing regions also hinder market penetration. Furthermore, due to its tendency to form permanent dimers, GAA requires controlled short-term storage at specific temperatures, which incurs substantial costs.
Regional Trends:
North America is projected to maintain a dominant position in the GAA market, supported by rising demand from the polymer, paint, and coatings industries. The increasing utilization of GAA in automotive emulsion coatings also contributes to the region's revenue growth. Meanwhile, the Asia Pacific region holds a significant market share and is expected to witness accelerated growth owing to rising consumption across end-use industries such as chemicals, water treatment, household cleaning products, and personal hygiene. China, in particular, has emerged as a major consumer in the personal care segment and is poised to become the global leader in hygiene and grooming product demand. This trend is expected to create lucrative opportunities for GAA producers throughout the forecast period.
Recent Developments:
• In April 2022-Wanhua said it would invest USD 3.6 billion in constructing a chemical plant in China by 2024. Additionally, this complex will produce polyether polyols, acrylic acid, polypropylene, and propylene oxide.
• In August 2021, BASF SE and SINOPEC decided to expand the Verbund site in Nanjing, China, which is run by BASF-YPC Co. Ltd, a 50/50 joint venture between the two businesses. It also includes the capacity development of various downstream chemical units to accommodate the expanding Chinese market, including a new tert-Butyl acrylate factory.
Get Specific Chapter/Information From The Report:
https://www.insightaceanalytic.com/customisation/1519
Segmentation of Glacial Acrylic Acid Market-
By Application
• Nappies
• Adult and Feminine Hygiene
• Detergents
• Adhesives, Coatings and Sealants
• Water Treatment
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• Southeast Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of Middle East and Africa
Get more information :@
https://www.insightaceanalytic.com/report/glacial-acrylic-acid-market/1519
About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
Contact us:
info@insightaceanalytic.com
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
Follow Us on LinkedIn @ bit.ly/2tBXsgS
Follow Us On Facebook @ bit.ly/2H9jnDZ
Twitter: https://twitter.com/Insightace
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 Glacial Acrylic Acid Market Future Trends and Scope Analysis Report here
News-ID: 4011145 • Views: …
More Releases from Insightace Analytic Pvt Ltd.
T-cell Lymphoma Market Exclusive Report on Current Trends and Future Insights
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " "Global T-cell Lymphoma Market By Lymphoma Type (Peripheral T-Cell Lymphoma (Cutaneous T-Cell Lymphoma, Anaplastic Large Cell Lymphoma, Angio-Immuno-Blastic T-Cell Lymphoma, And Others (Intestinal T-Cell Lymphoma, Follicular T-Cell Lymphoma)) And T-Cell Lymphoblastic Lymphoma), Therapy (Radiotherapy, Chemotherapy, Immunotherapy, Stem Cell Transplantation, And Others (Antiviral Treatment, Etc.)- Trends, Industry Competition Analysis, Revenue and Forecast To 2034."
According to the…
Sprycel Market is on an Upward Growth Curve
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Sprycel Market- (By Demographic (Age, Gender, Income), By Psychographic (Lifestyle, Attitudes), By Behavioral, (Usage Rate, Compliance, Treatment), By Medical (Indication, Disease Stage)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce Analytic, the Global Sprycel Market is valued at US$ 5.47 Bn in 2022, and it is expected to…
Spatial Omics Solutions Market Report- Expansive Coverage on the Profit Sources
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Spatial Omics Solutions Market By Solution Type (Instruments, Consumables And Services), Sample Analyzed (DNA, RNA, And Protein Samples), Application (Diagnosis, Translation Research, Drug Discovery And Development, Single Cell Analysis, Cell Biology And Other Applications), End-User Segment (Academic And Research Institutions, Biopharmaceutical And Biotechnological Companies, Contract Research Organizations And Other)- Trends, Industry Competition Analysis, Revenue and…
Psoriasis Biosimilars Market Future Trends and Scope Analysis Report
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the " Psoriasis Biosimilars Market - (By Drug Class (TNF-alpha inhibitors (Infliximab, Etanercept, Adalimumab), Other biosimilars), By Route of Administration (Subcutaneous, Intravenous, Oral, Topical), By Indication (Plaque psoriasis, Psoriatic arthritis, Other types), By Distribution Channel (Hospital pharmacies, Retail pharmacy chains, Online pharmacies)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."
According to the latest research by InsightAce…
More Releases for GAA
Global Sports Software Market Size - By Product Type(Basketball,Rugby,Field Socc …
Sports Software Market Insights: Trends, Drivers, and Outlook 2024 - 2031
Sports Software Market Scope: Unveiling Today's Trends
Sports Software refers to software applications designed to enhance the management, performance, and analytics of sports teams and organizations. The Sports Software market has been evolving rapidly, driven by the increasing adoption of technology in sports management, performance analytics, and fan engagement. Current trends show a growing demand for cloud-based solutions, mobile applications, and…
Glacial Acrylic Acid Market Latest Trends and Future Opportunities Analysis to 2 …
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Glacial Acrylic Acid Market Size, Share & Trends Analysis Report By Application (Nappies, Adult And Feminine Hygiene, Detergents, Adhesives, Coatings And Sealants, Water Treatment And Others) - Market Outlook And Industry Analysis 2031"
The global glacial acrylic acid market is estimated to reach over USD 3227.84 million by 2031, exhibiting a CAGR of 3.09% during the…
Pompe Disease Pipeline| 15+ Key Players & 20+ Pipeline Drugs | FDA, EMA, and PMD …
DelveInsight's, "Pompe Disease Pipeline Insights, 2022," report provides comprehensive insights about 15+ companies and 20+ pipeline drugs in the Pompe Disease pipeline landscape. It covers the pipeline drug profiles, including clinical and nonclinical stage products. It also covers the therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
The Pompe Disease Pipeline is evolving with novel mechanisms…
GAA FET Technology Market Forecast to Reach $203 Million by 2025
The Global Market for Gate All Around FET (GAA FET) Technology is forecast to reach $203 million by 2025, growing at a CAGR of 39.5% from 2020 to 2025. The demand for GAA FETs over FINFET Technology is rising due to the claims of overcoming drawbacks of FINFETs like minimization of energy loss, increase in durability and efficiency. As the GAA FETs have been able to successfully eliminate some of…
Glacial Acrylic Acid Market Size, Share, Development, Growth Till 2023
The glacial acrylic acid (GAA) market is expected to grow during the forecast period (2017-2023) due to the production of super absorbent polymer (SAP) using glacial acrylic acid (GAA). Super absorbent polymers are the fastest growing application segment with increasing end-use applications comprising manufacturing diapers, adult incontinence products and female hygiene products. Diaper application has been the largest glacial acrylic acid (GAA) consuming segment. The segment is likely to witness…
Pompe Disease Market Outlook, Competitive analysis and Industry Trends 2024
Pompe disease is a rare, progressive, autosomal recessively inherited metabolic disorder, and is often afatal muscular disease that affects one of the lysosomal enzymes. Pompe disease can also be called as a glycogen storage disease or acid alpha-glycosidase deficiency or GAA deficiency. It mainly occurs due to accumulation of glycogen in some tissues and organs, particularly muscles, leading to abnormal functioning. The inability of breaking the lysosomal glycogen lies in…
