The acrylic acid industry has seen significant change over the past two decades. With the closure of acetylene-based and acrylonitrile-based plants in the 1990s, the production of acrylic acid via two-stage propylene oxidation became the preferred and dominant method of production for acrylic acid producers, globally. Currently, licensors and technology holders of two-stage propylene oxidation technology are looking to improve their processes with new catalyst formulations, modifications to reactor design, and/or establishing operational best-practices through newly optimized parameters. The next decade, however, will give rise to a new wave of technologies – particularly, bio-based routes to acrylic acid. At present, there is no industrialized bio-based acrylic acid sold in Europe. This project takes the petrochemical-based acrylic acid sales data to evaluate the potential market for bio-based acrylic acid. Analyze its future development space.
LPI (LP Information)' newest research report, the “Bio-based Acrylic Acid Industry Forecast” looks at past sales and reviews total world Bio-based Acrylic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Bio-based Acrylic Acid sales for 2023 through 2029. With Bio-based Acrylic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bio-based Acrylic Acid industry.
This Insight Report provides a comprehensive analysis of the global Bio-based Acrylic Acid landscape 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 Bio-based Acrylic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Bio-based Acrylic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bio-based 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 Bio-based Acrylic Acid.
The global Bio-based Acrylic Acid market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In Europe market, Bio-based Acrylic Acid key players include BASF, Arkema, DOW, Hexion, LG Chem, etc. The top five manufacturers hold a share about 95%. Germany is the largest market, with a share about 40%, followed by France, with a share about 30 percent. In terms of product, Purity (＜99%) is the largest segment, with a share about 60%. And in terms of application, the largest application is Super Absorbent Polymers, followed by Coating, Polyacrylic Acid Polymers, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Bio-based Acrylic Acid market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Bio-based Acrylic Acid Includes:
BASF
DuPont
Arkema
LG Chem
Hexion
Market Segment by Type, covers:
Purity (Below 99%)
Purity (Above 99%)
Market Segment by Applications, can be divided into:
Super Absorbent Polymers
Coating
Polyacrylic Acid Polymers
Other
Key Questions Addressed in this Report
What is the 10-year outlook for the global Bio-based Acrylic Acid market?
What factors are driving Bio-based Acrylic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Bio-based Acrylic Acid market opportunities vary by end market size?
How does Bio-based Acrylic Acid break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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https://www.lpinformationdata.com/reports/457711/bio-based-acrylic-acid-2029
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