The global demand for Acrylic Acid And Derivatives Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Acrylic acid is a colorless, acrid-smelling chemical molecule. It's an unsaturated carboxylic acid that has a vinyl group connected to it. Derivatives of acrylic acid are compounds generated from acrylics acids, such as acrylates, methacrylates, acrylic esters, acrylic polymers, and others. These derivatives are essential feedstock components in industrial and consumer goods production. In industrial processing, acrylic acid and its derivatives are frequently employed. Surface coatings, adhesives, and sealants, among other things, utilize acrylic acid.
Market Dynamics
Growing demand for superabsorbent polymers is projected to be one of the market's primary drivers. The rising need for sub-absorbent polymers will boost market expansion. Increasing research into sustainable producing acrylic acid and derivatives from ethylene and CO2 will serve as a market growth potential. The acrylic acid and derivatives market is likely to be driven by rising demand for water-resistant and waterborne coatings and adhesives. Furthermore, the growing use of acrylic monomers in plastic manufacturing as plastic additives and monomers is expected to promote market growth. However, the primary parent chemical of derivative acrylic acid is a highly corrosive compound that can potentially damage the eyes and respiratory tract. This might hinder the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of acrylic acid and derivatives. The growth and trends of acrylic acid and derivatives industry provide a holistic approach to this study.
Market Segmentation
This section of the acrylic acid and derivatives market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Types
- Acrylic Esters (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Ethyhexyl Acrylate)
- Acrylic Polymers
- Crylic Elastomers
- Absorbent Polymers (Sap) (Sodium Polyacrylate, Polyacrylamide Copolymer, Others Market)
- Water Treatment Polymers
- Other Derivatives
- Ammonium Polyacrylate
- Cyanopolyacrylate
By Applications
- Absorbent (Medical Use, General Use)
- Coatings In Surface Treatment
- Adhesives & Sealants
- Plastic Additives
- Water Treatment
- Textiles
- Surfactants
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Acrylic Acid And Derivatives market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Acrylic Acid And Derivatives Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the acrylic acid and derivatives market include BASF SE, Ludwigshafen Verbund, Momentive Specialty Chemicals Inc., SI Group, Sumitomo Bakelite Co Ltd., Kolon Industries Inc, Dujodwala Paper Chemicals Ltd., DIC Corporation, Prefere Resins, Hitachi Chemical Co. Ltd., Georgia Pacific Chemicals LLC, Mitsui Chemicals Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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