Acrylic Acid Market
Market Insights on Acrylic Acid covering sales outlook, demand forecast & up-to-date key trends
Acrylic Acid Market by Product, End-Use Industry & Region - Forecast 2022 - 2032
Acrylic Acid Market Outlook (2022-2032)
[300 Pages Report] The acrylic acid market is anticipated to register a CAGR of 4.5% during the period of 2022-2032. The acrylic acid market is anticipated to reach US$ 22.6 Billion in 2032, from US$ 14.6 Billion in 2022.
“Increasing demand for Super Absorbent Polymers (SAP) in Sanitary Pads Application, is one of the major factors that is anticipated to propel the industry growth over the forecast period.”
|
Attributes |
Details |
|
Acrylic Acid Market CAGR (2022 – 2032) |
4.5% |
|
Acrylic Acid Market (2022) |
US$ 14.6 Billion |
|
Acrylic Acid Market (2032) |
US$ 22.6 Billion |
The rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market over the analysis period.
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Prominent Drivers Of Acrylic Acid Market
Increasing Demand for Water Treatment Polymers to Boost Growth
Polymer derived from acrylic acid, such as polyacrylamide is used as a flocculent in the water treatment process, mineral processing, and detergents. Growing urbanization, coupled with the increasing emphasis of government towards water cleaning, is likely to propel the acrylic acid market due to the usage of acrylic acid to treat/recycle wastewater.
Moreover, due to the government regulations, manufacturers are bound to treat the effluent before releasing it into sea and oceans, which leads to increase in demand for polyacrylamide, which indirectly creates a positive impact on the acrylic acid market.
Adoption of Advanced Acrylic-based Polymers in Major End-use Industries
Acrylic acid-based polymers have replaced conventionally used materials in major end-use industries, such as automotive, building and construction, electronics, and others. Acrylic acid-based elastomers such as AEM (Ethylene Acrylic Elastomers), are used as an alternative to synthetic rubber in various applications, such as an automotive gasket, hoses, and others.
In addition, owing to the improved properties of AEM, such as strength, and resistance, among others, there is an increasing demand for acrylic acid from the polymer industry during the forecast period.
Additionally, the rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market over the analysis period.
Key Challenges And Restraints Affecting The Acrylic Acid Market Growth
Decrease in demand of Acrylic Acid
The construction industry has been facing difficulties including logistics and shortage of raw derivative type. Attributed to the massive drop in financial markets around the world, it is projected that construction investments have been withdrawn globally. As a result, the demand for acrylic acid has decreased.
This has resulted in lack of raw derivative type and people, as well as disrupted supply chains, which is making it more difficult to meet contractual responsibilities. These factors are expected to hamper the acrylic acid market growth during the forecast period.
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Talk to AnalystKey Trends Prevailing In The Acrylic Acid Market
Increasing Demand for Super Absorbent Polymers (SAP) in Sanitary Pads Application
Superabsorbent polymers (SAPs) are desirable for sanitary products and diapers. They can often absorb their weight in liquid, making them ideal for use in water-absorbing applications, such as baby diapers, adult incontinence pads, absorbent medical dressings, and controlled release drugs.
SAPs account for approximately 30% of the total acrylic acid demand in the global scenario. Superabsorbent polymers are prepared using acrylic acid and sodium hydroxide as raw materials to form polyacrylic acid.
The feminine hygiene market, which includes tampons, sanitary napkins, menstrual cups, and vaginal health products, makes up a significant share of the superabsorbent polymers market. For instance, around USD 23.63 billion worth of sanitary napkins were sold globally in 2021.
Governments in several countries, in collaboration with various non-profit organizations (NGOs), are undertaking initiatives to spread awareness among women about feminine hygiene, particularly in developing economies. Thus, increased sales of sanitary napkins are likely to fuel the market for acrylic acid.
Overall, the increasing awareness about hygiene among all population groups is expected to promote the usage of superabsorbent polymers (diapers, pads, and sanitary napkins), which may augment the consumption of acrylic acid during the forecast period.
Comparative Analysis Of The Adjacent Acrylic Acid Market
Acrylic Acid Market:
|
Attributes |
Acrylic Acid Market |
|
CAGR (2022 - 2032) |
4.5% |
|
Market Value (2032) |
US$ 22.6 Billion |
|
Growth Factor |
The rising applications of acrylic acid-based super absorbent polymers is expected to boost the market’s growth. |
|
Opportunity |
The rising demand for bio-based polymers in healthcare applications is likely to act as an opportunity for market growth in the future. |
|
Key Trends |
The increasing demand for architectural coatings in the Asia-Pacific region is expected to drive the market's growth. |
Acrylate Esters Market:
|
Attributes |
Acrylate Esters Market |
|
CAGR (2022 - 2032) |
4.6% |
|
Market Value (2032) |
US$ 27.7 Billion |
|
Growth Factor |
The increasing use of Acrylate Esters in surface coatings, adhesives & sealants, textiles, diapers & training pants and many other applications is expected to fuel the market growth. |
|
Opportunity |
The rising demands of acrylate ester in the emerging markets would provide lucrative opportunities for the market’s growth. |
|
Key Trends |
The increasing consumption in surface coating in the Asia-Pacific region is expected to fuel the market’s growth. |
Surfactants Market:
|
Attributes |
Surfactants Market |
|
CAGR (2022 - 2032) |
5.3% |
|
Market Value (2032) |
US$ 65.5 Billion |
|
Growth Factor |
Low prices & easy availability of surfactants are expected to fuel the market growth. |
|
Opportunity |
The rapid growth of personal care industry and usage of surfactants in neonatal respiratory distress syndrome are anticipated to provide numerous growth opportunities in the upcoming years. |
|
Key Trends |
Extensive use of surfactants in household detergents is further boosting the growth of the surfactants market during the forecast period. |
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Category Wise Analysis For Acrylic Acid Market
Which Product dominates the growth of Acrylic Acid Market?
Acrylate Esters segment to witness considerable CAGR for the market growth
Acrylate esters segment of the acrylic acid market accounts for the highest CAGR of 4.6% during the forecast period. Acrylate esters are a major derivative of acrylic acid. Several companies have been focusing on utilizing acrylate esters for multiple end-use applications across industries such as automotive and more. The major application is concentrated in paints, acrylic gums, viscosity adhesives, and acrylic textiles among others.
Acrylates impart several desirable properties to polymers such as clarity, color stability, aging, and heat resistance along with excellent weather-ability, leading to higher product demand in coating & adhesives industries. Apart from these, one of the crucial characteristics of acrylate ester is glass transition temperature, which enables the formulated polymer to be softer & more flexible rather than hard & brittle.
Which End-Use Industry is expected to represent the highest Growth?
Personal Care Products likely to be the highest CAGR holder for the market growth
Personal care products segment of the acrylic acid market accounts for the highest CAGR of 4.3% during the forecast period. Personal care products such as diapers and adult incontinence products are increasingly using super absorbent polymers. The growing demand for superabsorbent polymers in these applications is expected to drive demand.
With the recent surge in economic conditions across emerging economies of Asia and Central & South America, the demand for personal care products such as body wash, hair wash, cleansers, and more have reflected high demand. This shall push the utilization of acrylic acid in personal care product manufacturing across these regions.
Region Wise Analysis For Acrylic Acid Market
How Opportunistic will the Market for Acrylic Acid be across Asia Pacific?
Increasing demand of Acrylic Acid to Widen Scope of Market
Asia-Pacific region is expected to dominate the market due to the high demand from countries like China, India, and Japan. China is the largest consumer of acrylic acid in the Asia-Pacific region, and its demand is expected to grow further in the coming years due to several factors. The demand for adhesives, paints, and coatings in China is also increasing at a strong rate due to the growing investments in the construction and infrastructure sectors.
Additionally, China is one of the major consumers of personal hygiene products globally. The country’s demand for personal hygiene products is attributed to a large infant population and an increasing disposable income, leading to an increase in personal and hygiene care spending. Thus, this factor is anticipated to boost the market for acrylic acid.
China is expected to represent the highest CAGR of 3.6% in the acrylic acid market during the forecast period, to reach US$ 1.5 Billion. On the other hand, Japan is expected to represent the highest CAGR of 3.7% in the acrylic acid market during the forecast period, to reach US$ 1.3 Billion.
Will North America emerge as an Attractive Acrylic Acid Market?
Acrylic Acid Market in the US to Witness Better Growth Opportunities
North America is projected to observe significant amount of growth in the acrylic acid market due to the rapid development in various end-use industries including surfactants, adhesives and sealants, and personal care.
In addition, the exhaustive research and development is further anticipated to propel the growth of the acrylic acid market in the region in the forthcoming years. The U.S is expected to represent the highest CAGR of 3.9% in the acrylic acid market during the forecast period, to reach US$ 7.8 Billion.
Who are the Key Competitors in the Acrylic Acid Market?
BASF SE, Dow Chemical, Lucite International, LG Chem, Mitsubishi Chemical Corporation, Cargill, Incorporated., Nippon Shokubai Co., Ltd., SNP Inc., The Lubrizol Corporation, Formosa Plastic Corporation, Arkema S.A., Ashland, and Kemira Oyi, among others are the top companies in the global acrylic acid market.
With a sizable acrylic acid market share, these main firms are concentrating on growing their consumer base into new countries. These businesses are making use of strategic collaboration initiatives to grow their market share and profits.
Mid-size and smaller businesses, on the other hand, are expanding their market presence by gaining new contracts and entering new markets, thanks to technical developments and product innovations.
Recent Developments
- In August 2021, BASF and SINOPEC decided to expand their Verbund site operated by BASF-YPC Co. Ltd, a 50-50 joint venture of both companies in Nanjing, China. It includes the capacity expansion of several downstream chemical plants, including a new tert-Butyl acrylate plant to support the growing Chinese market.
- In October 2020, Arkema successfully started a its new 90,000-ton acrylic acid reactor at its Clear Lake site in Texas to attract consumers from paints, super-absorbents, water treatment, and adhesives markets in North America.
- In August 2018, BASF PETRONAS Chemicals announced the expansion of the production capacities of its acrylic acid and butyl acrylate plants in Kuantan, Malaysia.
By Key Players
- BASF SE
- Dow Chemical
- Lucite International
- LG Chem
- Mitsubishi Chemical Corporation
- Cargill, Incorporated
- Nippon Shokubai Co., Ltd.
- SNP Inc.
- The Lubrizol Corporation
- Formosa Plastic Corporation
- Arkema S.A.
- Ashland
- Kemira Oyi
Key Segments Covered In The Acrylic Acid Market Study
Acrylic Acid Market by Product:
- Acrylate Esters
- Glacial Acrylic Acid
- Other Acrylic Acid Products
Acrylic Acid Market by End-Use Industry:
- Acrylic Acid for Surfactants
- Acrylic Acid for Organic Chemicals
- Acrylic Acid for Adhesives & Sealants
- Acrylic Acid for Textiles
- Acrylic Acid for Water Treatment
- Acrylic Acid for Personal Care Products
- Acrylic Acid for Other End-Use Industries
Acrylic Acid Market by Region:
- North America Acrylic Acid Market
- Latin America Acrylic Acid Market
- Europe Acrylic Acid Market
- Asia Pacific Acrylic Acid Market
- Middle East and Africa Acrylic Acid Market
Frequently Asked Questions
As of 2021, the market for Acrylic Acid was valued at US$ 13.9 Billion, as per FMI
By 2022-end, sales of Acrylic Acid closed at a value of US$ 14.6 Billion
From 2015 to 2021, Acrylic Acid demand expanded at a CAGR of 5.2%
From 2022 to 2032, Acrylic Acid sales are expected to flourish at a CAGR of 4.5%
By 2032, the market value of Acrylic Acid is expected to reach US$ 22.6 Billion.
From 2022 to 2032, Acrylic Acid demand in the US is expected to surge at a CAGR of 3.9%
By Product, the Acrylate Esters category constitutes the bulk of market share with a CAGR of 4.6%.
The personal care products segment is expected to dominate the acrylic acid market with a CAGR of 4.3%.
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. FMI Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Acrylic Acid Demand
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background and Foundation Data Points
4.1. Global Acrylic Acid Market (US$ Mn)
4.2. Acrylic Acid Market Opportunity Assessment (US$ Mn)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
4.3.1. Demand in optimistic Scenario
4.3.2. Demand in Likely Scenario
4.3.3. Demand in Conservative Scenario
4.4. Investment Feasibility Analysis
4.4.1. Investment in Established Markets
4.4.1.1. In Short Term
4.4.1.2. In Long Term
4.4.2. Investment in Emerging Markets
4.4.2.1. In Short Term
4.4.2.2. In Long Term
4.5. Forecast Factors - Relevance & Impact
4.5.1. Top Companies Historical Growth
4.5.2. Global Acrylic Acid Market Growth
4.5.3. Acrylic Acid Adoption Rate, By Country
4.6. Market Dynamics
4.6.1. Market Driving Factors and Impact Assessment
4.6.2. Prominent Market Challenges and Impact Assessment
4.6.3. Acrylic Acid Market Opportunities
4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Acrylic Acid Market Demand Analysis 2015-2021 and Forecast, 2022-2032
6.1. Historical Market Analysis, 2015-2021
6.2. Current and Future Market Projections, 2022-2032
6.3. Y-o-Y Growth Trend Analysis
7. Global Acrylic Acid Market Value Analysis 2015-2021 and Forecast, 2022-2032
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032, By Product
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) Analysis By Product, 2015-2021
8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product, 2022-2032
8.3.1. Acrylate Esters
8.3.2. Glacial Acrylic Acid
8.3.3. Others
8.4. Market Attractiveness Analysis By Product
9. Global Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032, By End-Use Industry
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By End-Use Industry, 2015-2021
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End-Use Industry, 2022-2032
9.3.1. Surfactants
9.3.2. Organic Chemicals
9.3.3. Adhesives & Sealants
9.3.4. Textiles
9.3.5. Water Treatment
9.3.6. Personal Care Products
9.3.7. Others
9.4. Market Attractiveness Analysis By End-Use Industry
10. Global Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032, By Region
10.1. Introduction
10.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021
10.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032
10.3.1. North America
10.3.2. Latin America
10.3.3. Europe
10.3.4. Asia Pacific
10.3.5. Middle East and Africa (MEA)
10.4. Market Attractiveness Analysis By Region
11. North America Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032
11.1. Introduction
11.2. Pricing Analysis
11.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
11.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
11.4.1. By Country
11.4.1.1. U.S.
11.4.1.2. Canada
11.4.1.3. Rest of North America
11.4.2. By Product
11.4.3. By End-Use Industry
11.5. Market Attractiveness Analysis
11.5.1. By Country
11.5.2. By Product
11.5.3. By End-Use Industry
12. Latin America Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032
12.1. Introduction
12.2. Pricing Analysis
12.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
12.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
12.4.1. By Country
12.4.1.1. Brazil
12.4.1.2. Mexico
12.4.1.3. Rest of Latin America
12.4.2. By Product
12.4.3. By End-Use Industry
12.5. Market Attractiveness Analysis
12.5.1. By Country
12.5.2. By Product
12.5.3. By End-Use Industry
13. Europe Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
13.4.1. By Country
13.4.1.1. Germany
13.4.1.2. France
13.4.1.3. U.K.
13.4.1.4. Italy
13.4.1.5. Benelux
13.4.1.6. Nordic Countries
13.4.1.7. Rest of Europe
13.4.2. By Product
13.4.3. By End-Use Industry
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Product
13.5.3. By End-Use Industry
14. Asia Pacific Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
14.4.1. By Country
14.4.1.1. China
14.4.1.2. Japan
14.4.1.3. South Korea
14.4.1.4. Rest of Asia Pacific
14.4.2. By Product
14.4.3. By End-Use Industry
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Product
14.5.3. By End-Use Industry
15. Middle East and Africa Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
15.4.1. By Country
15.4.1.1. GCC Countries
15.4.1.2. South Africa
15.4.1.3. Turkey
15.4.1.4. Rest of Middle East and Africa
15.4.2. By Product
15.4.3. By End-Use Industry
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Product
15.5.3. By End-Use Industry
16. Key Countries Acrylic Acid Market Analysis 2015-2021 and Forecast 2022-2032
16.1. Introduction
16.1.1. Market Value Proportion Analysis, By Key Countries
16.1.2. Global Vs. Country Growth Comparison
16.2. US Acrylic Acid Market Analysis
16.2.1. Value Proportion Analysis by Market Taxonomy
16.2.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.2.2.1. By Product
16.2.2.2. By End-Use Industry
16.3. Canada Acrylic Acid Market Analysis
16.3.1. Value Proportion Analysis by Market Taxonomy
16.3.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.3.2.1. By Product
16.3.2.2. By End-Use Industry
16.4. Mexico Acrylic Acid Market Analysis
16.4.1. Value Proportion Analysis by Market Taxonomy
16.4.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.4.2.1. By Product
16.4.2.2. By End-Use Industry
16.5. Brazil Acrylic Acid Market Analysis
16.5.1. Value Proportion Analysis by Market Taxonomy
16.5.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.5.2.1. By Product
16.5.2.2. By End-Use Industry
16.6. Germany Acrylic Acid Market Analysis
16.6.1. Value Proportion Analysis by Market Taxonomy
16.6.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.6.2.1. By Product
16.6.2.2. By End-Use Industry
16.7. France Acrylic Acid Market Analysis
16.7.1. Value Proportion Analysis by Market Taxonomy
16.7.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.7.2.1. By Product
16.7.2.2. By End-Use Industry
16.8. Italy Acrylic Acid Market Analysis
16.8.1. Value Proportion Analysis by Market Taxonomy
16.8.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.8.2.1. By Product
16.8.2.2. By End-Use Industry
16.9. BENELUX Acrylic Acid Market Analysis
16.9.1. Value Proportion Analysis by Market Taxonomy
16.9.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.9.2.1. By Product
16.9.2.2. By End-Use Industry
16.10. UK Acrylic Acid Market Analysis
16.10.1. Value Proportion Analysis by Market Taxonomy
16.10.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.10.2.1. By Product
16.10.2.2. By End-Use Industry
16.11. Nordic Countries Acrylic Acid Market Analysis
16.11.1. Value Proportion Analysis by Market Taxonomy
16.11.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.11.2.1. By Product
16.11.2.2. By End-Use Industry
16.12. China Acrylic Acid Market Analysis
16.12.1. Value Proportion Analysis by Market Taxonomy
16.12.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.12.2.1. By Product
16.12.2.2. By End-Use Industry
16.13. Japan Acrylic Acid Market Analysis
16.13.1. Value Proportion Analysis by Market Taxonomy
16.13.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.13.2.1. By Product
16.13.2.2. By End-Use Industry
16.14. South Korea Acrylic Acid Market Analysis
16.14.1. Value Proportion Analysis by Market Taxonomy
16.14.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.14.2.1. By Product
16.14.2.2. By End-Use Industry
16.15. GCC Countries Acrylic Acid Market Analysis
16.15.1. Value Proportion Analysis by Market Taxonomy
16.15.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.15.2.1. By Product
16.15.2.2. By End-Use Industry
16.16. South Africa Acrylic Acid Market Analysis
16.16.1. Value Proportion Analysis by Market Taxonomy
16.16.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.16.2.1. By Product
16.16.2.2. By End-Use Industry
16.17. Turkey Acrylic Acid Market Analysis
16.17.1. Value Proportion Analysis by Market Taxonomy
16.17.2. Value & Analysis and Forecast by Market Taxonomy, 2022-2032
16.17.2.1. By Product
16.17.2.2. By End-Use Industry
16.17.3. Competition Landscape and Player Concentration in the Country
17. Market Structure Analysis
17.1. Market Analysis by Tier of Companies
17.2. Market Concentration
17.3. Market Share Analysis of Top Players
17.4. Market Presence Analysis
17.4.1. By Regional footprint of Players
17.4.2. Product footprint by Players
18. Competition Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Competition Deep Dive
18.3.1. Arkema S.A.
18.3.1.1. Overview
18.3.1.2. Product Portfolio
18.3.1.3. Sales Footprint
18.3.1.4. Strategy Overview
18.3.2. BASF SE
18.3.2.1. Overview
18.3.2.2. Product Portfolio
18.3.2.3. Sales Footprint
18.3.2.4. Strategy Overview
18.3.3. Evonik Industries AG
18.3.3.1. Overview
18.3.3.2. Product Portfolio
18.3.3.3. Sales Footprint
18.3.3.4. Strategy Overview
18.3.4. Nippon Shokubai Co. Ltd.
18.3.4.1. Overview
18.3.4.2. Product Portfolio
18.3.4.3. Sales Footprint
18.3.4.4. Strategy Overview
18.3.5. Dow Chemical Company
18.3.5.1. Overview
18.3.5.2. Product Portfolio
18.3.5.3. Sales Footprint
18.3.5.4. Strategy Overview
18.3.6. LG Chem Ltd.
18.3.6.1. Overview
18.3.6.2. Product Portfolio
18.3.6.3. Sales Footprint
18.3.6.4. Strategy Overview
18.3.7. Hexion Inc.
18.3.7.1. Overview
18.3.7.2. Product Portfolio
18.3.7.3. Sales Footprint
18.3.7.4. Strategy Overview
18.3.8. Mitsubishi Chemical Holdings Corporation
18.3.8.1. Overview
18.3.8.2. Product Portfolio
18.3.8.3. Sales Footprint
18.3.8.4. Strategy Overview
18.3.9. Sibur Holding
18.3.9.1. Overview
18.3.9.2. Product Portfolio
18.3.9.3. Sales Footprint
18.3.9.4. Strategy Overview
19. Assumptions and Acronyms Used
20. Research Methodology
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Table 01: Global Acrylic Acid Market Value (US$ Mn), By Product, 2015 – 2032
Table 02: Global Acrylic Acid Market Value (US$ Mn), By Product, 2022 – 2032
Table 03: Global Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2015 – 2032
Table 04: Global Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2022 – 2032
Table 05: Global Acrylic Acid Market, By Region, 2015 – 2032
Table 06: Global Acrylic Acid Market, By Region, 2022 – 2032
Table 07: North America Acrylic Acid Market Value (US$ Mn), By Product, 2015 – 2032
Table 08: North America Acrylic Acid Market Value (US$ Mn), By Product, 2022 – 2032
Table 09: North America Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2015 – 2032
Table 10: North America Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2022 – 2032
Table 11: North America Acrylic Acid Market, By Country, 2015 – 2032
Table 12: North America Acrylic Acid Market, By Country, 2022 – 2032
Table 13: Latin America Acrylic Acid Market Value (US$ Mn), By Product, 2015 – 2032
Table 14: Latin America Acrylic Acid Market Value (US$ Mn), By Product, 2022 – 2032
Table 15: Latin America Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2015 – 2032
Table 16: Latin America Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2022 – 2032
Table 17: Latin America Acrylic Acid Market, By Country, 2015 – 2032
Table 18: Latin America Acrylic Acid Market, By Country, 2022 – 2032
Table 19: Europe Acrylic Acid Market Value (US$ Mn), By Product, 2015 – 2032
Table 20: Europe Acrylic Acid Market Value (US$ Mn), By Product, 2022 – 2032
Table 21: Europe Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2015 – 2032
Table 22: Europe Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2022 – 2032
Table 23: Europe Acrylic Acid Market, By Country, 2015 – 2032
Table 24: Europe Acrylic Acid Market, By Country, 2022 – 2032
Table 25: Asia Pacific Acrylic Acid Market Value (US$ Mn), By Product, 2015 – 2032
Table 26: Asia Pacific Acrylic Acid Market Value (US$ Mn), By Product, 2022 – 2032
Table 27: Asia Pacific Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2015 – 2032
Table 28: Asia Pacific Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2022 – 2032
Table 29: Asia Pacific Acrylic Acid Market, By Country, 2015 – 2032
Table 30: Asia Pacific Acrylic Acid Market, By Country, 2022 – 2032
Table 31: MEA Acrylic Acid Market Value (US$ Mn), By Product, 2015 – 2032
Table 32: MEA Acrylic Acid Market Value (US$ Mn), By Product, 2022 – 2032
Table 33: MEA Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2015 – 2032
Table 34: MEA Acrylic Acid Market Value (US$ Mn), By End-Use Industry, 2022 – 2032
Table 35: MEA Acrylic Acid Market, By Country, 2015 – 2032
Table 36: MEA Acrylic Acid Market, By Country, 2022 – 2032
Table 37: Global Acrylic Acid Market Incremental $ Opportunity, By Product, 2022 - 2032
Table 38: Global Acrylic Acid Market Incremental $ Opportunity, By End-Use Industry, 2022 – 2032
Table 39: Global Acrylic Acid Market Incremental $ Opportunity, By Region, 2022 – 2032
Table 40: North America Acrylic Acid Market Incremental $ Opportunity, By Product, 2022 - 2032
Table 41: North America Acrylic Acid Market Incremental $ Opportunity, By End-Use Industry, 2022 – 2032
Table 42: North America Acrylic Acid Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 43: Latin America Acrylic Acid Market Incremental $ Opportunity, By Product, 2022 - 2032
Table 44: Latin America Acrylic Acid Market Incremental $ Opportunity, By End-Use Industry, 2022 – 2032
Table 45: Latin America Acrylic Acid Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 46: Europe Acrylic Acid Market Incremental $ Opportunity, By Product, 2022 - 2032
Table 47: Europe Acrylic Acid Market Incremental $ Opportunity, By End-Use Industry, 2022 – 2032
Table 48: Europe Acrylic Acid Market Incremental $ Opportunity, By Country, 2022 - 2032
Table 49: Asia Pacific Acrylic Acid Market Incremental $ Opportunity, By Product, 2022 - 2032
Table 50: Asia Pacific Acrylic Acid Market Incremental $ Opportunity, By End-Use Industry, 2022 – 2032
Table 51: Asia Pacific Acrylic Acid Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 52: MEA Acrylic Acid Market Incremental $ Opportunity, By Product, 2022 - 2032
Table 53: MEA Acrylic Acid Market Incremental $ Opportunity, By End-Use Industry, 2022 – 2032
Table 54: MEA Acrylic Acid Market Incremental $ Opportunity, By Country, 2022 - 2032
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystFigure 01: Global Acrylic Acid Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 02: Global Acrylic Acid Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 03: Global Acrylic Acid Market Share, By Product, 2021 & 2032
Figure 04: Global Acrylic Acid Market Y-o-Y Growth Projections, By Product – 2022-2032
Figure 05: Global Acrylic Acid Market Attractiveness Index, By Product – 2022-2032
Figure 06: Global Acrylic Acid Market Share, By End-Use Industry, 2021 & 2032
Figure 07: Global Acrylic Acid Market Y-o-Y Growth Projections, By End-Use Industry – 2022-2032
Figure 08: Global Acrylic Acid Market Attractiveness Index, By End-Use Industry – 2022-2032
Figure 09: Global Acrylic Acid Market Share, By Region, 2021 & 2032
Figure 10: Global Acrylic Acid Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 11: Global Acrylic Acid Market Attractiveness Index, By Region – 2022-2032
Figure 12: North America Acrylic Acid Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 13: North America Acrylic Acid Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 14: North America Acrylic Acid Market Share, By Product, 2021 & 2032
Figure 15: North America Acrylic Acid Market Y-o-Y Growth Projections, By Product – 2022-2032
Figure 16: North America Acrylic Acid Market Attractiveness Index, By Product – 2022-2032
Figure 17: North America Acrylic Acid Market Share, By End-Use Industry, 2021 & 2032
Figure 18: North America Acrylic Acid Market Y-o-Y Growth Projections, By End-Use Industry – 2022-2032
Figure 19: North America Acrylic Acid Market Attractiveness Index, By End-Use Industry – 2022-2032
Figure 20: North America Acrylic Acid Market Share, By Country, 2021 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 22: North America Market Attractiveness Index, By Country – 2022-2032
Figure 23: Latin America Acrylic Acid Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 24: Latin America Acrylic Acid Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 25: Latin America Acrylic Acid Market Share, By Product, 2021 & 2032
Figure 26: Latin America Acrylic Acid Market Y-o-Y Growth Projections, By Product – 2022-2032
Figure 27: Latin America Acrylic Acid Market Attractiveness Index, By Product – 2022-2032
Figure 28: Latin America Acrylic Acid Market Share, By End-Use Industry, 2021 & 2032
Figure 29: Latin America Acrylic Acid Market Y-o-Y Growth Projections, By End-Use Industry – 2022-2032
Figure 30: Latin America Acrylic Acid Market Attractiveness Index, By End-Use Industry – 2022-2032
Figure 31: Latin America Acrylic Acid Market Share, By Country, 2021 & 2032
Figure 32: Latin America Acrylic Acid Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 33: Latin America Acrylic Acid Market Attractiveness Index, By Country – 2022-2032
Figure 34: Europe Acrylic Acid Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 35: Europe Acrylic Acid Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 36: Europe Acrylic Acid Market Share, By Product, 2021 & 2032
Figure 37: Europe Acrylic Acid Market Y-o-Y Growth Projections, By Product – 2022-2032
Figure 38: Europe Acrylic Acid Market Attractiveness Index, By Product – 2022-2032
Figure 39: Europe Acrylic Acid Market Share, By End-Use Industry, 2021 & 2032
Figure 40: Europe Acrylic Acid Market Y-o-Y Growth Projections, By End-Use Industry – 2022-2032
Figure 41: Europe Acrylic Acid Market Attractiveness Index, By End-Use Industry – 2022-2032
Figure 42: Europe Acrylic Acid Market Share, By Country, 2021 & 2032
Figure 43: Europe Acrylic Acid Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 44: Europe Acrylic Acid Market Attractiveness Index, By Country – 2022-2032
Figure 45: MEA Acrylic Acid Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 46: MEA Acrylic Acid Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 47: MEA Acrylic Acid Market Share, By Product, 2021 & 2032
Figure 48: MEA Acrylic Acid Market Y-o-Y Growth Projections, By Product – 2022-2032
Figure 49: MEA Acrylic Acid Market Attractiveness Index, By Product – 2022-2032
Figure 50: MEA Acrylic Acid Market Share, By End-Use Industry, 2021 & 2032
Figure 51: MEA Acrylic Acid Market Y-o-Y Growth Projections, By End-Use Industry – 2022-2032
Figure 52: MEA Acrylic Acid Market Attractiveness Index, By End-Use Industry – 2022-2032
Figure 53: MEA Acrylic Acid Market Share, By Country, 2021 & 2032
Figure 54: MEA Acrylic Acid Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 55: MEA Acrylic Acid Market Attractiveness Index, By Country – 2022-2032
Figure 56: Asia Pacific Acrylic Acid Market Value (US$ Mn) and Year-on-Year Growth, 2022-2032
Figure 57: Asia Pacific Acrylic Acid Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 58: Asia Pacific Acrylic Acid Market Share, By Product, 2021 & 2032
Figure 59: Asia Pacific Acrylic Acid Market Y-o-Y Growth Projections, By Product – 2022-2032
Figure 60: Asia Pacific Acrylic Acid Market Attractiveness Index, By Product – 2022-2032
Figure 61: Asia Pacific Acrylic Acid Market Share, By End-Use Industry, 2021 & 2032
Figure 62: Asia Pacific Acrylic Acid Market Y-o-Y Growth Projections, By End-Use Industry – 2022-2032
Figure 63: Asia Pacific Acrylic Acid Market Attractiveness Index, By End-Use Industry – 2022-2032
Figure 64: Asia Pacific Acrylic Acid Market Share, By Country, 2021 & 2032
Figure 65: Asia Pacific Acrylic Acid Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 66: Asia Pacific Acrylic Acid Market Attractiveness Index, By Country – 2022-2032
Figure 67: US Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 68: US Acrylic Acid Market Share, By Product,2021 & 2032
Figure 69: US Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 70: Canada Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 71: Canada Acrylic Acid Market Share, By Product,2021 & 2032
Figure 72: Canada Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 73: Brazil Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 74: Brazil Acrylic Acid Market Share, By Product,2021 & 2032
Figure 75: Brazil Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 76: Mexico Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 77: Mexico Acrylic Acid Market Share, By Product,2021 & 2032
Figure 78: Mexico Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 79: Germany Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 80: Germany Acrylic Acid Market Share, By Product,2021 & 2032
Figure 81: Germany Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 82: U.K. Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 83: U.K. Acrylic Acid Market Share, By Product,2021 & 2032
Figure 84: U.K. Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 85: France Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 86: France Acrylic Acid Market Share, By Product,2021 & 2032
Figure 87: France Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 88: Italy Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 89: Italy Acrylic Acid Market Share, By Product,2021 & 2032
Figure 90: Italy Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 91: BENELUX Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 92: BENELUX Acrylic Acid Market Share, By Product,2021 & 2032
Figure 93: BENELUX Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 94: Nordic Countries Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 95: Nordic Countries Acrylic Acid Market Share, By Product,2021 & 2032
Figure 96: Nordic Countries Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 97: China Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 98: China Acrylic Acid Market Share, By Product,2021 & 2032
Figure 99: China Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 100: Japan Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 101: Japan Acrylic Acid Market Share, By Product,2021 & 2032
Figure 102: Japan Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 103: South Korea Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 104: South Korea Acrylic Acid Market Share, By Product,2021 & 2032
Figure 105: South Korea Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 106: GCC Countries Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 107: GCC Countries Acrylic Acid Market Share, By Product,2021 & 2032
Figure 108: GCC Countries Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 109: South Africa Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 110: South Africa Acrylic Acid Market Share, By Product,2021 & 2032
Figure 111: South Africa Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
Figure 112: Turkey Acrylic Acid Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 113: Turkey Acrylic Acid Market Share, By Product,2021 & 2032
Figure 114: Turkey Acrylic Acid Market Share, By End-Use Industry,2021 & 2032
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