Acrylic Acid Market: The Acrylic Acid Market Size is to Attain a Valuation of $21.32 Billion by 2033 at a 4.87% CAGR

PRESS RELEASE
Published March 14, 2023

According to the report, the global Acrylic Acid market is expected to grow from USD 13.41 Billion in 2022, which is expected to reach USD 21.32 Billion by 2033, growing at a CAGR of 4.87% from 2023 to 2033. Acrylic acid is a colorless liquid organic compound with the chemical formula CH2=CHCOOH. It is a simple carboxylic acid that is used primarily in the production of acrylic polymers and resins, as well as other chemicals. Acrylic acid has a pungent, irritating odor and is highly corrosive and reactive. It is commonly used in the manufacturing of adhesives, coatings, textiles, detergents, plastics, and other materials. It can also be used as a co-monomer in the production of various types of plastics such as acrylonitrile-butadiene-styrene (ABS) and polystyrene (PS). Acrylic acid is considered a hazardous substance and should be handled with care.

 

Request a Free Sample Report or PDF Copy: https://report.evolvebi.com/index.php/sample/request?referer=newsmantraa&reportCode=017796

Key Highlights:

  • The global Acrylic Acid Market size was valued at USD 41 billion in 2022 growing at a CAGR of 4.87% from 2023 to 2033.
  • Europe dominated the market in 2022
  • Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

 

Evolve Business Intelligence has published a new market research report on the Global Acrylic Acid Market focusing on various aspects including market size and forecast, market dynamics, competitors’ market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which include Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted to prosper in this industry over the short and long terms. The quantitative analysis includes our authentic findings of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

 

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

 

In terms of COVID-19 impact, the Acrylic Acid market report also includes the following data points:

  • COVID-19 Impact on Acrylic Acid market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players’ Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in the Acrylic Acid market

 

Buy the Latest Copy of the Report Now at a Higher Discount:  https://report.evolvebi.com/index.php/sample/request?referer=newsmantraa&reportCode=017796

 

Key Players

Some of the major Acrylic Acid players holding high market shares include Mitsubishi Chemical Holdings Corporation, Arkema, BASF, Dow Chemical Co, and The Lubrizol Corporation. These players use partnership and expansion as key strategies to gain significant market share to compete with market leaders.

 

The key players profiled in the report are:

  • Mitsubishi Chemical Holdings Corporation
  • Arkema
  • BASF SE
  • The Dow Chemical Co
  • The Lubrizol Corporation
  • Evonik Industries
  • LG Chem Ltd
  • Myriant Corporation
  • Formosa Plastic Group
  • SIBUR

 

Segmental Analysis

Market Segment By Derivative Type with a focus on market share, consumption trend, and growth rate of the Acrylic Acid Market:

  • Acrylic Esters
  • Acrylic polymer
  • Others

 

Market Segment By Formulation with a focus on market share, consumption trend, and growth rate of the Acrylic Acid Market:

  • Water-borne Coating
  • Solvent-borne Coating
  • Solventless Coating
  • Powder Coating
  • Radiation Curable Coating

 

Market Segment By End-User with a focus on market share, consumption trend, and growth rate of the Acrylic Acid Market:

  • Diapers
  • Surface Coatings Industry
  • Adhesives And Sealants Industry
  • Plastic Additives Industry
  • Water Treatment Industry
  • Textiles Industry
  • Surfactants Industry
  • Others

 

For more information: https://report.evolvebi.com/index.php/sample/request?referer=newsmantraa&reportCode=017796

 

Global Acrylic Acid Geographic Coverage:

  • North America
    • US
    • Canada
    • Mexico

 

  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic Countries
    • Benelux
    • Rest of Europe

 

  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific

 

  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA

 

  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

 

Reasons to Buy this Report:

  • Detail analysis of the impact of market drivers, restraints, and opportunities
  • Competitive Intelligence provides an understanding of the ecosystem
  • Details analysis of the Total Addressable Market (TAM) of your products
  • Investment Pockets and New Business Opportunities
  • Demand-supply gap analysis
  • Strategy Planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

Address
Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India

Contact: +1 773 644 5507
Email: sales@evolvebi.com
Website: https://evolvebi.com/

 

 

Newsmantraa