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.
LPI (LP Information)' newest research report, the “Acrylic Acid Industry Forecast” looks at past sales and reviews total world Acrylic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Acrylic Acid sales for 2023 through 2029. With Acrylic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acrylic Acid industry.
This Insight Report provides a comprehensive analysis of the global Acrylic Acid lands cape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acrylic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acrylic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acrylic Acid and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Grade Phosphoric Acid.
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The global Acrylic Acid market size is projected to grow from US$ 3395.5 million in 2022 to US$ 4673.1 million in 2029; it is expected to grow at a CAGR of 4673.1 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Acrylic Acid market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Acrylic Acid Includes:
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
Market Segment by Type, covers:
Acrylic Acid 100%
Acrylic Acid 80%
Acrylic Acid/Toluene
Market Segment by Applications, can be divided into:
Super Absorbent Polymers (SAP)
Detergent
Water Treatment
Others
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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