Global Acrylic Acid Market Research Report- Forecast to 2022

Global Acrylic Acid Market Research Report- Forecast to 2022

ID: MRFR/CnM/1931-CRR | April, 2017 | Region: Global | 166 pages | Cooked Research Reports

Global Acrylic Acid Market Information- by Type (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-Ethylhexyl Acrylate, Elastomers, Superabsorbent Polymers, and Water Treatment Polymers), by Application (Adhesives, Diaper, Paper coating, Paint industry, Cement modifiers and Others) and by Region - Forecast to 2022   


Market Synopsis of Acrylic Acid Market:


Globally, the market for acrylic acid is growing at a CAGR of 5.14% during forecasted period (2016-2022). Acrylic acid, a specialty petrochemical which has formula CH2=CHOOH and CAS (Chemical Abstracts Services) Number 79-10-7. It is produced from propylene which is a byproduct of ethylene and gasoline production. Properties of acrylic acid includes colorless liquid, adaptable to low temperature, good weather ability, acidic odor easily miscible with water, alcohols, ethers, and chloroform. Owing to such properties the use is diverse in number of applications, namely surface coatings, sealants & adhesive, agriculture, plastic sheets, diapers and others.


Global acrylic acid, by type market share, 2015. (%)
Global acrylic acid, by type market share, 2015


Super absorbent polymers represent represents of the market share of acrylic acid in U.S. which is slightly higher as compared to its market share in Canada. Acrylic acid is used in broad range of applications namely surface coatings, adhesive & sealants, textiles, paper coating, paint industry and cement modifiers. Surface coatings, such as paints contribute of the market. Solvent based coatings are being replaced by water based paints, as governments across the globe have restricted the use of volatile organic compound (VOCs). Due to this factor the market of surface coatings is growing at a faster pace. Adhesive and sealants are second largest segment accounting two third of acrylic acid application. Acrylic acid esters are also used in other applications including modifiers for synthetic resins; emulsion and solutions for leather finishes and binders


Key Players


The key players in market includes BASF, The Dow Chemical Company, Arkema, Nippon shokubai co., ltd., LG chemicals., Shenyang Chemical Co Ltd's., and Mitsubishi Chemical


Key Findings



  • The global acrylic acid market is expected to reach USD 18,315.3 million by 2022

  • Regionally, North- America has the largest market of USD 4,947.7 million by 2022

  • China accounted for the largest market share of 58.00% in 2014, with a market value of USD 2,635.5 Million and is projected to grow at the highest CAGR of 5.53% during the forecast period. India was the second-largest market in 2014, valued at USD 681.6 Million in 2014; it is projected to grow at a CAGR of 5.24%.

  • Diaper market accounted for the largest market share registering CAGR of 5.85% during the forecasted period

  • On basis of type segment, superabsorbent polymers holds the market share of 19% in 2015


Geographic Analysis

The report covers brief analysis of geographical region includes


North America



  • US

  • Canada


Europe

  • Germany

  • France

  • Italy

  • Netherlands

  • U.K.

  • Rest of Europe


APAC

  • China

  • India

  • Japan

  • Rest of Asia-Pacific


RoW

  • Middle East

  • Africa


Study Objectives of  Acrylic Acid  Market:

  • To study detail of acrylic acid market by source, by application and by region in forecasted period 2022.

  • To identify the market dynamics of acrylic acid market dynamics by drivers, restrains, opportunities and challenges.

  • To analyze various factors like value chain analysis and porters five forces model.

  • To provide historical and forecast revenue of market segment with respect to North America, Europe, APAC and RoW.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track mergers and acquisitions, strategic alliances, new product development of specified company.


Intended Audience:

  • Manufacturers and distributors of acrylic acid.

  • Suppliers and traders of acrylic acid.

  • Government, associations and industrial bodies.

  • Investors and Trade experts.

  • Consulting in chemical experts.

License

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TABLE OF CONTENTS

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4.1 Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.2 Value Chain/Supply Chain of Global Acrylic acid Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

5.5 Impact analysis

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

10.1 BASF

10.1.1 Overview

10.1.2 Financials

10.1.3 Product Portfolio

10.1.4 Business Strategies

10.1.5 Recent Development

10.2 The Dow Chemical Company

10.2.1 Overview

10.2.2 Financials

10.2.3 Product Portfolio

10.2.4 Business Strategies

10.2.5 Recent Development

10.3 Arkema

10.3.1 Overview

10.3.2 Financials

10.3.3 Product Portfolio

10.3.4 Business Strategies

10.3.5 Recent Development

10.4 Nippon shokubai co., ltd

10.4.1 Overview

10.4.2 Financials

10.4.3 Product Portfolio

10.4.4 Business Strategies

10.4.5 Recent Development

10.5 LG chemicals

10.5.1 Overview

10.5.2 Financials

10.5.3 Product Portfolio

10.5.4 Business Strategies

10.5.5 Recent Development

10.6 Shenyang Chemical Co Ltd's

10.6.1 Overview

10.6.2 Financials

10.6.3 Product Portfolio

10.6.4 Business Strategies

10.6.5 Recent Development

10.7 Mitsubishi Chemical

10.7.1 Overview

10.7.2 Financials

10.7.3 Product Portfolio

10.7.4 Business Strategies

10.7.5 Recent Development