Abstract
Summary
According to our LPI (LP Information) latest study, the global Acrylic Acid market size was valued at US$ 3395.5 million in 2023. With growing demand in downstream market, the Acrylic Acid is forecast to a readjusted size of US$ 4673.1 million by 2030 with a CAGR of 4.7% during review period.
The research report highlights the growth potential of the global Acrylic Acid market. Acrylic Acid are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Acrylic Acid. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Acrylic Acid market.
Glacial acrylic acid (GAA) is a clear, colorless liquid with an acrid odour which is miscible with water, alcohols and ethers. The chemical formula is CH2=CHCO2H. It is an unsaturated monocarboxylic acid which will undergo the typical reactions of a carboxylic acid as well as those of a vinyl compound. It is used in the production of polymers and acrylate esters and as a feedstock for chemical syntheses.
Global Acrylic Acid key players include BASF, DOW, Nippon Shokubai, Arkema, Formosa Plastics, etc. Global top five manufacturers hold a share over 65%.
USA is the largest market, with a share over 25%, followed by China and Europe, both have a share over 50%. In terms of application, the largest application is Super Absorbent Polymers (SAP), followed by Detergent, Water Treatment, etc.
Key Features:
The report on Acrylic Acid market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Acrylic Acid market. It may include historical data, market segmentation by Type (e.g., Acrylic Acid 100%, Acrylic Acid 80%), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Acrylic Acid market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Acrylic Acid market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Acrylic Acid industry. This include advancements in Acrylic Acid technology, Acrylic Acid new entrants, Acrylic Acid new investment, and other innovations that are shaping the future of Acrylic Acid.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Acrylic Acid market. It includes factors influencing customer ' purchasing decisions, preferences for Acrylic Acid product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Acrylic Acid market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Acrylic Acid market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Acrylic Acid market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Acrylic Acid industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Acrylic Acid market.
Market Segmentation:
Acrylic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Acrylic Acid 100%
Acrylic Acid 80%
Acrylic Acid/Toluene
Segmentation by application
Super Absorbent Polymers (SAP)
Detergent
Water Treatment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Basf
DuPont
Nippon Shokubai
Akema
Formosa
LG Chem
Mitsubishi Chem
Toagosei
Sasol
Hexion
Idemitsu Kosan
Jiangsu Jurong
HUAYI
Satellite
Basf-YPC
Sanmu Group
Shandong Kaitai
CNOOC
ChemChina
CNPC
Eastern Petr
Key Questions Addressed in this Report
What is the 10-year outlook for the global Acrylic Acid market?
What factors are driving Acrylic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Acrylic Acid market opportunities vary by end market size?
How does Acrylic Acid break out type, application?
The research report highlights the growth potential of the global Acrylic Acid market. Acrylic Acid are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Acrylic Acid. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Acrylic Acid market.
Glacial acrylic acid (GAA) is a clear, colorless liquid with an acrid odour which is miscible with water, alcohols and ethers. The chemical formula is CH2=CHCO2H. It is an unsaturated monocarboxylic acid which will undergo the typical reactions of a carboxylic acid as well as those of a vinyl compound. It is used in the production of polymers and acrylate esters and as a feedstock for chemical syntheses.
Global Acrylic Acid key players include BASF, DOW, Nippon Shokubai, Arkema, Formosa Plastics, etc. Global top five manufacturers hold a share over 65%.
USA is the largest market, with a share over 25%, followed by China and Europe, both have a share over 50%. In terms of application, the largest application is Super Absorbent Polymers (SAP), followed by Detergent, Water Treatment, etc.
Key Features:
The report on Acrylic Acid market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Acrylic Acid market. It may include historical data, market segmentation by Type (e.g., Acrylic Acid 100%, Acrylic Acid 80%), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Acrylic Acid market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Acrylic Acid market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Acrylic Acid industry. This include advancements in Acrylic Acid technology, Acrylic Acid new entrants, Acrylic Acid new investment, and other innovations that are shaping the future of Acrylic Acid.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Acrylic Acid market. It includes factors influencing customer ' purchasing decisions, preferences for Acrylic Acid product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Acrylic Acid market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Acrylic Acid market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Acrylic Acid market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Acrylic Acid industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Acrylic Acid market.
Market Segmentation:
Acrylic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Acrylic Acid 100%
Acrylic Acid 80%
Acrylic Acid/Toluene
Segmentation by application
Super Absorbent Polymers (SAP)
Detergent
Water Treatment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Basf
DuPont
Nippon Shokubai
Akema
Formosa
LG Chem
Mitsubishi Chem
Toagosei
Sasol
Hexion
Idemitsu Kosan
Jiangsu Jurong
HUAYI
Satellite
Basf-YPC
Sanmu Group
Shandong Kaitai
CNOOC
ChemChina
CNPC
Eastern Petr
Key Questions Addressed in this Report
What is the 10-year outlook for the global Acrylic Acid market?
What factors are driving Acrylic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Acrylic Acid market opportunities vary by end market size?
How does Acrylic Acid break out type, application?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Acrylic Acid Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Acrylic Acid by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Acrylic Acid by Country/Region, 2019, 2023 & 2030
2.2 Acrylic Acid Segment by Type
2.2.1 Acrylic Acid 100%
2.2.2 Acrylic Acid 80%
2.2.3 Acrylic Acid/Toluene
2.3 Acrylic Acid Sales by Type
2.3.1 Global Acrylic Acid Sales Market Share by Type (2019-2024)
2.3.2 Global Acrylic Acid Revenue and Market Share by Type (2019-2024)
2.3.3 Global Acrylic Acid Sale Price by Type (2019-2024)
2.4 Acrylic Acid Segment by Application
2.4.1 Super Absorbent Polymers (SAP)
2.4.2 Detergent
2.4.3 Water Treatment
2.4.4 Others
2.5 Acrylic Acid Sales by Application
2.5.1 Global Acrylic Acid Sale Market Share by Application (2019-2024)
2.5.2 Global Acrylic Acid Revenue and Market Share by Application (2019-2024)
2.5.3 Global Acrylic Acid Sale Price by Application (2019-2024)
3 Global Acrylic Acid by Company
3.1 Global Acrylic Acid Breakdown Data by Company
3.1.1 Global Acrylic Acid Annual Sales by Company (2019-2024)
3.1.2 Global Acrylic Acid Sales Market Share by Company (2019-2024)
3.2 Global Acrylic Acid Annual Revenue by Company (2019-2024)
3.2.1 Global Acrylic Acid Revenue by Company (2019-2024)
3.2.2 Global Acrylic Acid Revenue Market Share by Company (2019-2024)
3.3 Global Acrylic Acid Sale Price by Company
3.4 Key Manufacturers Acrylic Acid Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Acrylic Acid Product Location Distribution
3.4.2 Players Acrylic Acid Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Acrylic Acid by Geographic Region
4.1 World Historic Acrylic Acid Market Size by Geographic Region (2019-2024)
4.1.1 Global Acrylic Acid Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Acrylic Acid Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Acrylic Acid Market Size by Country/Region (2019-2024)
4.2.1 Global Acrylic Acid Annual Sales by Country/Region (2019-2024)
4.2.2 Global Acrylic Acid Annual Revenue by Country/Region (2019-2024)
4.3 Americas Acrylic Acid Sales Growth
4.4 APAC Acrylic Acid Sales Growth
4.5 Europe Acrylic Acid Sales Growth
4.6 Middle East & Africa Acrylic Acid Sales Growth
5 Americas
5.1 Americas Acrylic Acid Sales by Country
5.1.1 Americas Acrylic Acid Sales by Country (2019-2024)
5.1.2 Americas Acrylic Acid Revenue by Country (2019-2024)
5.2 Americas Acrylic Acid Sales by Type
5.3 Americas Acrylic Acid Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Acrylic Acid Sales by Region
6.1.1 APAC Acrylic Acid Sales by Region (2019-2024)
6.1.2 APAC Acrylic Acid Revenue by Region (2019-2024)
6.2 APAC Acrylic Acid Sales by Type
6.3 APAC Acrylic Acid Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Acrylic Acid by Country
7.1.1 Europe Acrylic Acid Sales by Country (2019-2024)
7.1.2 Europe Acrylic Acid Revenue by Country (2019-2024)
7.2 Europe Acrylic Acid Sales by Type
7.3 Europe Acrylic Acid Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Acrylic Acid by Country
8.1.1 Middle East & Africa Acrylic Acid Sales by Country (2019-2024)
8.1.2 Middle East & Africa Acrylic Acid Revenue by Country (2019-2024)
8.2 Middle East & Africa Acrylic Acid Sales by Type
8.3 Middle East & Africa Acrylic Acid Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Acrylic Acid
10.3 Manufacturing Process Analysis of Acrylic Acid
10.4 Industry Chain Structure of Acrylic Acid
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Acrylic Acid Distributors
11.3 Acrylic Acid Customer
12 World Forecast Review for Acrylic Acid by Geographic Region
12.1 Global Acrylic Acid Market Size Forecast by Region
12.1.1 Global Acrylic Acid Forecast by Region (2025-2030)
12.1.2 Global Acrylic Acid Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Acrylic Acid Forecast by Type
12.7 Global Acrylic Acid Forecast by Application
13 Key Players Analysis
13.1 Basf
13.1.1 Basf Company Information
13.1.2 Basf Acrylic Acid Product Portfolios and Specifications
13.1.3 Basf Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Basf Main Business Overview
13.1.5 Basf Latest Developments
13.2 DuPont
13.2.1 DuPont Company Information
13.2.2 DuPont Acrylic Acid Product Portfolios and Specifications
13.2.3 DuPont Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 DuPont Main Business Overview
13.2.5 DuPont Latest Developments
13.3 Nippon Shokubai
13.3.1 Nippon Shokubai Company Information
13.3.2 Nippon Shokubai Acrylic Acid Product Portfolios and Specifications
13.3.3 Nippon Shokubai Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Nippon Shokubai Main Business Overview
13.3.5 Nippon Shokubai Latest Developments
13.4 Akema
13.4.1 Akema Company Information
13.4.2 Akema Acrylic Acid Product Portfolios and Specifications
13.4.3 Akema Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Akema Main Business Overview
13.4.5 Akema Latest Developments
13.5 Formosa
13.5.1 Formosa Company Information
13.5.2 Formosa Acrylic Acid Product Portfolios and Specifications
13.5.3 Formosa Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Formosa Main Business Overview
13.5.5 Formosa Latest Developments
13.6 LG Chem
13.6.1 LG Chem Company Information
13.6.2 LG Chem Acrylic Acid Product Portfolios and Specifications
13.6.3 LG Chem Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 LG Chem Main Business Overview
13.6.5 LG Chem Latest Developments
13.7 Mitsubishi Chem
13.7.1 Mitsubishi Chem Company Information
13.7.2 Mitsubishi Chem Acrylic Acid Product Portfolios and Specifications
13.7.3 Mitsubishi Chem Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Mitsubishi Chem Main Business Overview
13.7.5 Mitsubishi Chem Latest Developments
13.8 Toagosei
13.8.1 Toagosei Company Information
13.8.2 Toagosei Acrylic Acid Product Portfolios and Specifications
13.8.3 Toagosei Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Toagosei Main Business Overview
13.8.5 Toagosei Latest Developments
13.9 Sasol
13.9.1 Sasol Company Information
13.9.2 Sasol Acrylic Acid Product Portfolios and Specifications
13.9.3 Sasol Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Sasol Main Business Overview
13.9.5 Sasol Latest Developments
13.10 Hexion
13.10.1 Hexion Company Information
13.10.2 Hexion Acrylic Acid Product Portfolios and Specifications
13.10.3 Hexion Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Hexion Main Business Overview
13.10.5 Hexion Latest Developments
13.11 Idemitsu Kosan
13.11.1 Idemitsu Kosan Company Information
13.11.2 Idemitsu Kosan Acrylic Acid Product Portfolios and Specifications
13.11.3 Idemitsu Kosan Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Idemitsu Kosan Main Business Overview
13.11.5 Idemitsu Kosan Latest Developments
13.12 Jiangsu Jurong
13.12.1 Jiangsu Jurong Company Information
13.12.2 Jiangsu Jurong Acrylic Acid Product Portfolios and Specifications
13.12.3 Jiangsu Jurong Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Jiangsu Jurong Main Business Overview
13.12.5 Jiangsu Jurong Latest Developments
13.13 HUAYI
13.13.1 HUAYI Company Information
13.13.2 HUAYI Acrylic Acid Product Portfolios and Specifications
13.13.3 HUAYI Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 HUAYI Main Business Overview
13.13.5 HUAYI Latest Developments
13.14 Satellite
13.14.1 Satellite Company Information
13.14.2 Satellite Acrylic Acid Product Portfolios and Specifications
13.14.3 Satellite Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Satellite Main Business Overview
13.14.5 Satellite Latest Developments
13.15 Basf-YPC
13.15.1 Basf-YPC Company Information
13.15.2 Basf-YPC Acrylic Acid Product Portfolios and Specifications
13.15.3 Basf-YPC Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 Basf-YPC Main Business Overview
13.15.5 Basf-YPC Latest Developments
13.16 Sanmu Group
13.16.1 Sanmu Group Company Information
13.16.2 Sanmu Group Acrylic Acid Product Portfolios and Specifications
13.16.3 Sanmu Group Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 Sanmu Group Main Business Overview
13.16.5 Sanmu Group Latest Developments
13.17 Shandong Kaitai
13.17.1 Shandong Kaitai Company Information
13.17.2 Shandong Kaitai Acrylic Acid Product Portfolios and Specifications
13.17.3 Shandong Kaitai Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 Shandong Kaitai Main Business Overview
13.17.5 Shandong Kaitai Latest Developments
13.18 CNOOC
13.18.1 CNOOC Company Information
13.18.2 CNOOC Acrylic Acid Product Portfolios and Specifications
13.18.3 CNOOC Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.18.4 CNOOC Main Business Overview
13.18.5 CNOOC Latest Developments
13.19 ChemChina
13.19.1 ChemChina Company Information
13.19.2 ChemChina Acrylic Acid Product Portfolios and Specifications
13.19.3 ChemChina Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.19.4 ChemChina Main Business Overview
13.19.5 ChemChina Latest Developments
13.20 CNPC
13.20.1 CNPC Company Information
13.20.2 CNPC Acrylic Acid Product Portfolios and Specifications
13.20.3 CNPC Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.20.4 CNPC Main Business Overview
13.20.5 CNPC Latest Developments
13.21 Eastern Petr
13.21.1 Eastern Petr Company Information
13.21.2 Eastern Petr Acrylic Acid Product Portfolios and Specifications
13.21.3 Eastern Petr Acrylic Acid Sales, Revenue, Price and Gross Margin (2019-2024)
13.21.4 Eastern Petr Main Business Overview
13.21.5 Eastern Petr Latest Developments
14 Research Findings and Conclusion