Gen Consulting Company predicts that the global acrylic acid market is estimated to touch a valuation of 9,381 thousand tons, registering a CAGR of 4.9% during the forecast period (2022-2028).
This industry report offers market estimates of the global market, followed by a detailed analysis of the derivative, end user, and region. The global market data on acrylic acid can be segmented by derivative: 2-ethylhexyl acrylate (2-EHA), butyl acrylate (BA), ethyl acrylate (EA), glacial acrylic acid (GAA), methyl acrylate (MA), superabsorbent polymers (SAP), others. According to the research, the BA segment had the largest share in the global acrylic acid market. Acrylic acid market is further segmented by end user: adhesives and sealants, paints and coatings, sanitary protection, surfactants, textile, others. In 2021, the paints and coatings segment made up the largest share of the acrylic acid market. Based on region, the acrylic acid market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, Asia-Pacific was accounted for the largest share of the market in 2021.
The global acrylic acid market is highly competitive. As of 2021, the major players in the global acrylic acid market were Arkema S.A., BASF SE, China Petroleum & Chemical Corporation (Sinopec), Dow Inc., Evonik Industries AG, Formosa Plastics Corporation, Hexion Inc., LG Chem Ltd., Mitsubishi Chemical Corporation, Nippon Shokubai Co. Ltd., Sasol Ltd., Satellite Chemical Co. Ltd., Shanghai Huayi (Group) Co. Ltd., Wanhua Chemical Group Co. Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 4.9% |
| Pages | 22 |
| Key Players | Arkema S.A., BASF SE, China Petroleum & Chemical Corporation (Sinopec), Dow Inc., Evonik Industries AG, Formosa Plastics Corporation, Hexion Inc., LG Chem Ltd., Mitsubishi Chemical Corporation, Nippon Shokubai Co. Ltd., Sasol Ltd., Satellite Chemical Co. Ltd., Shanghai Huayi (Group) Co. Ltd., Wanhua Chemical Group Co. Ltd. |
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