Global Acrylic Acid and its Derivatives Market Is Anticipated to Reach US$ 13970 million by 2029, growing at a CAGR of 3.0% During 2023-2029
Acrylic acid is an organic compound with the formula CH2=CHCO2H. It is the simplest unsaturated carboxylic acid, consisting of a vinyl group connected directly to a carboxylic acid terminus. This colorless liquid has a characteristic acrid or tart smell. It is miscible with water, alcohols, ethers, and chloroform.The global Acrylic Acid and its Derivatives market size is expected to reach US$ 13970 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Acrylic Acid and its Derivatives in various end use industries. The expanding demands from the Superabsorbent, Paints & Coating, Adhesives and Textiles, are propelling Acrylic Acid and its Derivatives market. Acrylic Acid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Acrylic Acid Derivatives segment is estimated at % CAGR for the next seven-year period.
Asia Pacific is the largest Acrylic Acid and its Derivatives market with about 44% market share. North America is follower, accounting for about 30% market share.The key manufacturers are BASF, DowDuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, HUAYI, Satellite, BASF-YPC, Sanmu Group, Shandong Kaitai, CNOOC, ChemChina, CNPC etc. Top 3 companies occupied about 35% market share.
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Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Acrylic Acid and its Derivatives, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Acrylic Acid and its Derivatives market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Acrylic Acid and its Derivatives market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Acrylic Acid and its Derivatives sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Acrylic Acid and its Derivatives covered in this report include BASF, DuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei and Sasol, etc.
The global Acrylic Acid and its Derivatives market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
DuPont
Nippon Shokubai
Akema
Formosa
LG Chem
Mitsubishi Chem
Toagosei
Sasol
Hexion
Idemitsu Kosan
HUAYI
Satellite
BASF-YPC
Sanmu Group
Shandong Kaitai
CNOOC
ChemChina
CNPC
Global Acrylic Acid and its Derivatives market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Acrylic Acid and its Derivatives market, Segment by Type:
Acrylic Acid
Acrylic Acid Derivatives
Global Acrylic Acid and its Derivatives market, by Application
Superabsorbent
Paints & Coating
Adhesives
Textiles
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Acrylic Acid and its Derivatives manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Acrylic Acid and its Derivatives in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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