Acrylic Acid Market Worth USD 13 Billion by 2020
The global acrylic acid market size is estimated to reach USD 13 Billion by 2020 at a CAGR of 5 % till 2020.
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Acrylic acid is an organic compound by nature and possess a typical tart or acrid smell. Acrylic Acid is a derivative of Esters and Acrylates They have a wide range of application in paper treatment, plastic additives, textiles, sealants, adhesives, and surface coatings. The prices of oil has been rising due to this manufacturers are using bio-based techniques to produce this unsaturated carboxylic acid and acrylates from renewable resources such as glycerol, sugar, etc.
The major driving factors of Acrylic Acid Market are as follows:
• Increasing demand for superabsorbent polymers.
• Adoption of acrylic-based products in large quantities in emerging economies such as Asia Pacific and growing industries such as adhesives and sealants.
The restraints factors of Acrylic Acid Market are as follows:
Due to the increasing environmental concerns in developed countries such as North America and Europe Stringent government regulations are imposed on the use of this organic compound.
The market segmentation of Acrylic Acid Market is based on Derivatives, by end users and by geographic segmentation. The market segmentation of Acrylic Acid Market based on Derivatives is Acrylic Esters - Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Ethyhexyl Acrylate. Acrylic Polymers - Crylic Elastomers, Super Absorbent Polymers, Water Treatment Polymers. Other Derivatives - Ammonium Polyacrylate, Cyanopolyacrylate
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This report provides:
1) An overview of the global Acrylic Acid Market and related technologies.
2) Analyses of global market trends and projections of compound annual growth rates (CAGRs) through 2020.
3) Identifications of new market opportunities and targeted promotional plans for Acrylic Acid Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The scope of the report includes a detailed study of global and regional markets for various types of Acrylic Acid Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Dow Chemical Company, BASF SE, Arkema SA, The Lubrozol Corporation, LG Chem LTD., Evonik Industries Ag, SIBUR, Myriant Corporation, SunVic Chemical Holdings Limited and Momentive Specialty Chemicals.Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Market Segmentation of Acrylic Acid Market:
MARKET BY DERIVATIVE TYPES
• Acrylic Esters
o Methyl Acrylate
o Ethyl Acrylate
o Butyl Acrylate
o Ethyhexyl Acrylate
• Acrylic Polymers
o Crylic Elastomers
o Super Absorbent Polymers
o Water Treatment Polymers
• Other Derivatives
o Ammonium Polyacrylate
MARKET BY END USERS
• Surface Coatings Industry
• Adhesives & Sealants Industry
• Plastic Additives Industry
• Water Treatment
MARKET BY GEOGRAPHY
• North America
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