Uploaded on Apr 26, 2021
Rising demand of acrylic ester and polymers in the surfactant and superabsorbent is likely to provide competitive advantage to the global acrylic acid market
Acrylic Acid Market Size, Share, Trends and Future Growth Predictions and Forecast 2021 – 2027
Adroit Market Research
Acrylic Acid Market
by Derivative (Acrylic Esters, Acrylic Polymers, Surfactants
Industry), Application (Diapers, Surface Coatings Industry,
Adhesives & Sealants Industry, Water treatment Industry, Textile
Industry, and Surfactants Industry) and Region, Global Forecasts
2020 to 2025
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Demand In Superabsorbent Industry Is Anticipated To Drive The Acrylic
Acid Market At A CAGR Of 6.8% Over The Forecast Period
• Rising demand of acrylic ester and polymers in the surfactant and superabsorbent is likely to
provide competitive advantage to the global acrylic acid market
• High demand of coating in the construction industry is driving the demand of acrylic acid across
the globe. Also, water based coating which is estimated to be the most environmental friendly
type of paints is further expected to propel the demand. However, unhealthy effects coupled with
fluctuating raw material prices are the key factor hindering the growth of this market. For instance,
Acrylic a cid is a potent irritant to eye, skin and mucous membrane in humans. Also, studies of
animal cancer have shown both positive and negative outcomes.
• Acrylic acid is used in latex application, floor polish, polymer solution, emulsion polymer, paint
formulations, leather finishing’s and paper coatings, etc. During its manufacture and use, acrylic
acid can be released in waste water and as pollution. Individuals may be vulnerable to air
inhalation or water intake
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Adroit Market Research
Demand In Superabsorbent Industry Is Anticipated To Drive The Acrylic
Acid Market At A CAGR Of 6.8% Over The Forecast Period
• In terms of derivative the global market is divided into acrylic esters, acrylic polymers, and other. In
terms of applications diaper, surface coating, water treatment, textile, surfactants, etc. In terms of
region the market is segmented into North America, Europe, Asia Pacific, and Rest of the World.
• Considering more than half the world's share and the biggest consumer in terms of production and
consumption, Asia Pacific appears to be the world's biggest acrylic acid market. Europe and North
America are another key region for the growth of acrylic acid.
• The principal concern is the impact on continuous propylene upward pressure, where propylene is
expected to remain in a healthy, long-term role. European materials reliability and technical
weaknesses dominate the discussions regarding acrylics. The prices are fluctuating across the
globe. The market is projected to grow at a significant growth rate of more than 5% over the
forecast period. Rest of the World accounted for a very minimum share owing to weak demand from
the regions such as Central & South America and Middle East & Africa.
• Key players operating in this industry include Global leaders in this market include Arkema, BASF
SE, China Petroleum & Chemical Corporation, Dow, Formosa Plastics Corporation, Mitsubishi
Chemical Corporation, NIPPON SHOKUBAI CO., LTD, Sasol, Shanghai Huayi Acrylic Acid Co. Ltd, LG
Chem, Merck KGaA. Major players are engaged in expansion and increased investment in R&D.
However, volatility in the prices is still the major concern for the global players.
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Key segments across acrylic acid market
• Acrylic Acid Market by Derivative
• Introduction
• Acrylic esters
• Acrylic polymers
• Others
• Acrylic Acid Market by Application
• Introduction
• Diapers
• Surface Coatings Industry
• Adhesives & Sealants Industry
• Water treatment Industry
• Textile Industry
• Surfactants Industry
Regional Overview, 2015-2025 (Kilo Tons) (USD Million): North America, Europe, Asia Pacific,
Rest of the World
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