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Acrylic Acid Market, Global Outlook and Forecast 2023-2029

Acrylic Acid Market, Global Outlook and Forecast 2023-2029

  • Published on : 20 March 2023
  • Pages :124
  • Report Code:SMR-7607608

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Report overview

Glacial acrylic acid (GAA) is a clear, colorless liquid with an acrid odour which is miscible with water, alcohols and ethers. The chemical formula is CH2=CHCO2H. It is an unsaturated monocarboxylic acid which will undergo the typical reactions of a carboxylic acid as well as those of a vinyl compound. It is used in the production of polymers and acrylate esters and as a feedstock for chemical syntheses.
This report aims to provide a comprehensive presentation of the global market for Acrylic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Acrylic Acid. This report contains market size and forecasts of Acrylic Acid in global, including the following market information:
Global Acrylic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Acrylic Acid Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Acrylic Acid companies in 2022 (%)
The global Acrylic Acid market was valued at US$ 3571.5 million in 2022 and is projected to reach US$ 4797.6 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Acrylic Acid key players include BASF, DOW, Nippon Shokubai, Arkema, Formosa Plastics, etc. Global top five manufacturers hold a share over 65%.
USA is the largest market, with a share over 25%, followed by China and Europe, both have a share over 50%. In terms of application, the largest application is Super Absorbent Polymers (SAP), followed by Detergent, Water Treatment, etc.
We surveyed the Acrylic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Acrylic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Acrylic Acid Market Segment Percentages, by Type, 2022 (%)
Acrylic Acid 100%
Acrylic Acid 80%
Acrylic Acid/Toluene
Global Acrylic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Acrylic Acid Market Segment Percentages, by Application, 2022 (%)
Super Absorbent Polymers (SAP)
Detergent
Water Treatment
Others
Global Acrylic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Acrylic Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Acrylic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Acrylic Acid revenues share in global market, 2022 (%)
Key companies Acrylic Acid sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Acrylic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Basf
DuPont
Nippon Shokubai
Akema
Formosa
LG Chem
Mitsubishi Chem
Toagosei
Sasol
Hexion
Idemitsu Kosan
Jiangsu Jurong
HUAYI
Satellite
Basf-YPC
Sanmu Group
Shandong Kaitai
CNOOC
ChemChina
CNPC
Eastern Petr
Outline of Major Chapters:
Chapter 1: Introduces the definition of Acrylic Acid, market overview.
Chapter 2: Global Acrylic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Acrylic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Acrylic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Acrylic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.