The global acrylic acid market size is estimated to reach USD 13.21 Billion by 2020 at a CAGR of 5.2% between 2015 and 2020. The report segments the market by derivative (acrylic esters- methyl, ethyl, butyl, 2-ethylhexyl acrylate, polymers–acrylic elastomers, superabsorbent polymers, WTP), and application (surface coatings, adhesives & sealants, textile, detergents, plastic additives, diapers & training pants, adult incontinence, water treatment, and others), and by region (Asia-Pacific, North America, Europe, and RoW). The base year considered for the study is 2014, while the forecast period is between 2015 and 2020.
Both, top-down and bottom-up approaches have been used to estimate and validate the size of the global market and to estimate the sizes of various other dependent submarkets in the overall acrylic acid market. The research study involved extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg, Chemical Weekly, Factiva, and other government and private websites to identify and collect information useful for the technical, market-oriented, and commercial study of the global acrylic acid market.
Acrylic Acid Market
The value chain of acrylic acid ranges from the sourcing of raw materials (propene) to the delivery of the final product to end-use industries such as surface coatings, adhesives & sealants, plastic additives, surfactants, and so on. The acrylic acid industry is dominated by a few big players and fully integrated companies. Most of the key suppliers are forward integrated and they market their products mostly through local and regional distribution channels. Production units in North America and Europe supply acrylic acid globally, especially, to the Asia-Pacific region. In every country, a few local players that contribute substantially to the regional market, as they can have bigger market shares in their region compared to the global players.
Various companies, such as Arkema (France), BASF SE (Germany), Evonik Industries (Germany), Nippon Shokubai Co. Ltd. (Japan), The Dow Chemical Company (U.S.), LG Chem Ltd. (South Korea), Hexion Inc. (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), PJSC Sibur Holding (Russia), and Sasol Limited (South Africa) are the key manufacturers of acrylic acid. Majority of the acrylic acid producers use acrylic acid for captive production of SAP and commodity acrylates.
Key Target Audience:
- Raw material suppliers
- Acrylic acid manufacturers
- Acrylic acid derivative manufacturers
- Government and regional agencies and research organizations
- Investment research firms
Scope of the Report:
This research report categorizes the global acrylic acid market based on application and region.
On the basis of Derivative:
- Acrylic esters
- Acrylic polymers
- Others
On the basis of derivative type:
- Acrylic esters
- Methyl Acrylate
- Ethyl Acrylate
- Butyl Acrylate
- 2-Ethylhexyl Acrylate
- Others (specialty acrylates, benzyl acrylate and hydroxypropyl acrylate)
- Acrylic polymers
- Acrylic Elastomers
- Superabsorbent Polymers
- Water Treatment Polymers
- Other derivatives
- Ammonium Polyacrylate
- Polycyanoacrylate
On the basis of derivative type:
- North America
- Europe
- Asia-Pacific
- RoW
The market is further analyzed for the key countries in each of these regions.
