Report Format: PDF
Published Date: Oct-2018 | 190 Pages | Report ID: VSR001497
Veracious Statistics Research has published the report on Global Acrylic Acid Market and the market research study provides a thorough assessment of the worldwide market based on product types such as minerals and ores, food and farm goods, machinery and tools, chemicals, and others. The study also offers market research based on geographic areas such as America, APAC, and MEA.
Global Acrylic Acid Market Size is estimated to expand rapidly in coming years, at a CAGR of 9.4 % from 2017 to 2025. In 2017, the global market valuation was USD 6.33 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The global market is expected to witness high boost in developing economies such as Asia Pacific, and North America by cause of increased focus on the globalization of market across the region.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global acrylic acid market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global acrylic acid market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Application Insights: Acrylic acid is using in the paper coating, adhesives & sealants, surfactants & surface coatings, agriculture, plastic sheets, and diapers sectors. The type of surfactants & surface coatings is expected to record the maximum development during the prediction span at a predicted CAGR. Rising competition for coatings in the manufacturing, aviation, and fabric sectors is anticipated to spur sector development. Other end-use sectors like textiles, where products based on acrylic acid function as fillers in protective coats, are also anticipated to achieve quick profits.
By Type Insights: Superabsorbent polymers, methyl acrylate, ethyl acrylate, elastomers, and butyl acrylate is a type of acrylic acid. Super absorbent polymers are widely using by personal care products like diapers and child incontinence products. In these applications, the rising requirement for superabsorbent polymers is anticipated to fuel supply. With the latest rise in financial circumstances through Asia and Central & South America's developing markets, supply for private hygiene goods such as body wash, skin wash, cleaners, and more has mirrored strong requirements. This will promote the use of acrylic acid in the manufacture of personal care products across these areas.
Regional Analysis
The global acrylic acid market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Over the previous few years, the Asia Pacific industry for acrylic acid has been the largest consuming area with China controlling supply. China is also probable to experience an increase in the manufacturing ability of the frozen acrylic liquid to satisfy the requirement of the end-user sector. The supply is also probable to rise in India, South Korea, Indonesia, and Thailand. In combination with a rise in expenditure ability, population growth is probable to promote national supply. The rising geriatric population is expected to fuel supply for female incontinence products in the U.S. and Canada, resulting in enhanced consumption of superabsorbent polymers. Due to fast development in multiple end-use sectors like surfactants, adhesives & sealants, and private care, Mexico is anticipated to record strong supply. Intensive R&D by national businesses is anticipated to provide possibilities for business growth to create bio-based alternatives.
Global Acrylic Acid Market Size, Share Analysis By Region 2017
Global Acrylic Acid Market Study Objective
1. To forecast the market size of the acrylic acid market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.
2. Acrylic acid market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.
3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.
4. Acrylic acid market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.
6. To provide a detailed examination of competitive and strategic trends on the acrylic acid market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.
Key Players Landscape
BASF SE, The Dow Chemical Company, Arkema SA, Evonik Industries, Nippon Shokubai Co. Ltd, Taixing Jurong Chemical Co Ltd, PJSC Sibur Holding, LG Chemicals, Shenyang Chemical Co Ltd, Mitsubishi Chemical, Hexion Inc., and others are some of the key players in the market of acrylic acid.
Global Acrylic Acid Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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