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Glacial Acrylic Acid Market is Expected to Boom in Coming Years by 2031

04-17-2024 12:02 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Glacial Acrylic Acid Market

Glacial Acrylic Acid Market

According to the report published by Allied Market Research, the global glacial acrylic acid market generated $2.4 billion in 2021 and is projected to reach $3.5 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031.

The Glacial Acrylic Acid Market refers to the global industry involved in the production, distribution, and utilization of glacial acrylic acid, a colorless liquid organic compound primarily used in the manufacturing of various acrylic-based products. These products find extensive applications in industries such as adhesives, coatings, textiles, detergents, and personal care items.

Glacial acrylic acid (GAA) is a clear, colorless liquid with a characteristic acrid odor. It is miscible with water, alcohols and ethers. It is a simple carboxylic acid and the basic building block of acrylic polymers used in many applications.

Download Sample PDF: https://www.alliedmarketresearch.com/request-sample/32012

The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.

The key players analysed in the global glacial acrylic acid market report include Arkema, BASF SE, BASF PETRONAS Chemicals Sdn. Bhd., Dow Inc, Formosa Plastics Corporation, U.S.A, Hexion Inc., LG Chem, Mitsubishi Chemical Holdings Corporation, Nippon Shokubai Co Ltd, Novomer Inc, Sanmu Group, and Shandong Kaitai Petrochemical Co., Ltd. Other players operating in the glacial acrylic acid market include Cargill, Incorporated, Novozymes, and Sasol.

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The report analyzes these key players in the global glacial acrylic acid market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.
The report offers detailed segmentation of the global glacial acrylic acid industry based on application and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.

Access Full Summary Report: https://www.alliedmarketresearch.com/glacial-acrylic-acid-market-A31562

Based on application, the adhesives, coatings and sealants segment held the dominating market share in 2021, holding nearly one-third of the global market, and is expected to maintain its leadership status during the forecast period. The nappies segment, on the other hand, is expected to cite the fastest CAGR of 5.1% during the forecast period. The report also analyses other segments of the market such as adult and feminine hygiene, detergents, water treatment, and others.

Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://bit.ly/43lnntk

Based on region, the Asia-Pacific region held the largest market share in 2021, holding more than half of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 4.2% during the forecast period. The report also analyses other regions such as North America, Europe, and LAMEA.

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Carbon Black in Lead-Acid Battery Market : https://www.alliedmarketresearch.com/carbon-black-in-lead-acid-battery-market-A11043

Propionic Acid Market : https://www.alliedmarketresearch.com/propionic-acid-market

Premium Salicylic Acid Market : https://www.alliedmarketresearch.com/premium-salicylic-acid-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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