Reports and Data estimates the global Acrylic Acid competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2022-2030 as the forecast period. The report offers CAGR and market size for the global Acrylic Acid during the forecast period.

The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include BASF SE, Dow Inc., Nippon Shokubai Co. Ltd., Mitsubishi Chemical Corporation, Mitsui Chemicals Inc., Shell Chemicals, LG Chem Ltd., Arkema S.A., LyondellBasell Industries Holdings B.V., Formosa Plastics Corporation, BP plc., Exxon Mobil Corporation, and Sumitomo Chemical Co., Ltd.

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Acrylic Acid Overview :-

The global acrylic acid market size was USD 14.09 billion in 2021, and is expected to register a revenue CAGR of 7.1% over the forecast period. Rising demand for acrylic acid in polymers, adhesives, elastomers, paints, and wastewater treatments is driving the acrylic acid market revenue growth. Engineering plastics and copolymer industries are rapidly adopting acrylic acid as a key input material to develop new products and increasing competition in the market. Acrylic acid is widely used as a raw material for production of plastic, polymers, paints, and adhesives industries. The application of acrylic acid is increasing due to its transparent and discoloration-resistant properties. Leading chemical companies such as BASF SE, Shell Chemicals, BP plc, and others are investing on research and development (R&D) to find new industrial usages of acrylic acid. Consumer goods industries are also generating extensive demand for acrylic acid for manufacturing detergents, dishwashing liquid, hygiene surface cleaning liquid, and other products.

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For the purpose of this report Reports and Data has segmented global Acrylic Acid market on the basis of type, application, and region:

By Product Type Outlook            

• N-butyl acrylate
• Ethyl acrylate
• 2-ethylhexyl acrylate
• Methyl methacrylate
• Isobutyl acrylate

By Application Outlook

• Engineering plastics and co-polymer
• Emulsions paints and coatings
• Hygienic medical products
• Detergents
• Wastewater treatment

By End-use Channel Outlook     

• Plastic industries
• Paints and chemical industries
• Consumer goods
• Healthcare and hospitals
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

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Key Questions answered by the Report:

• What is the expected year-on-year growth of the Acrylic Acid during the forecast period?
• What key trends are expected influence revenue growth of the market going ahead?
• Which region is expected to account for largest revenue share over the forecast period?
• Which key companies are profiled in the report?

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About Reports and Data 

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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