Acrylic acid and its derivatives are used in a wide range of applications such as paints and coatings, adhesives, textiles, superabsorbent polymers, and others. The global acrylic acid and its derivatives market is expected to grow at a CAGR of 4.5% during the forecast period from 2021 to 2030.
The global acrylic acid and its derivatives market is segmented by type into acrylic acid and acrylic acid derivatives; by application into paints & coating, adhesives, textiles; by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) & Middle East & Africa (MEA). The NA region dominates the global market with a share of over 50%.
Some Of The Growth Factors Of This Market:
- Acrylic acid and its derivatives are used in the production of polyacrylates, which are used in paints, coatings, adhesives, sealants and other industrial applications.
- The growth of the global acrylic acid and its derivatives market is driven by factors such as increasing demand for polyacrylates in various industries such as construction, automotive industry etc, rising demand for biodegradable plastics due to environmental concerns etc, growing demand for water-based coatings due to their low VOC content etc, increasing use of acrylics in the textile industry etc, rising number of patents filed related to acrylics etc .
- The major restraints that may hamper the growth of this market include high cost associated with raw materials required for production process such as acrylonitrile monomer (AM) or methyl methacrylate (MMA), high volatility in prices of raw materials like AM or MMA which may lead to fluctuations in prices charged by manufacturers leading them into losses or profits depending on prevailing prices at any given point in time etc, stringent regulations imposed by governments on usage levels or emissions standards which may lead to higher costs associated with compliance with these regulations leading manufacturers into losses if they fail comply with these regulations within stipulated time periods set by government authorities etc, lack of awareness among consumers about benefits offered by products manufactured using acrylic acids and their derivatives leading them into buying substitutes instead which offer similar benefits but at lower price points than those offered by products manufactured using acrylic acids and their derivatives.
- Some key players operating within this market include BASF SE (Germany), Dow Chemical Company (US), Evonik Industries AG (Germany), Huntsman Corporation (US), SABIC Innovative Plastics BVBA/NVP LLC(Belgium).
Industry Growth Insights published a new data on “Acrylic Acid and its Derivatives Market”. The research report is titled “Acrylic Acid and its Derivatives Market research by Types (Acrylic Acid, Acrylic Acid Derivatives), By Applications (Superabsorbent, Paints & Coating, Adhesives, Textiles, Others), By Players/Companies BASF, DowDuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, HUAYI, Satellite, BASF-YPC, Sanmu Group, Shandong Kaitai, CNOOC, ChemChina, CNPC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylic Acid and its Derivatives Market Research Report
By Type
Acrylic Acid, Acrylic Acid Derivatives
By Application
Superabsorbent, Paints & Coating, Adhesives, Textiles, Others
By Companies
BASF, DowDuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, HUAYI, Satellite, BASF-YPC, Sanmu Group, Shandong Kaitai, CNOOC, ChemChina, CNPC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Acrylic Acid and its Derivatives Market Report Segments:
The global Acrylic Acid and its Derivatives market is segmented on the basis of:
Types
Acrylic Acid, Acrylic Acid Derivatives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Superabsorbent, Paints & Coating, Adhesives, Textiles, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- DowDuPont
- Nippon Shokubai
- Akema
- Formosa
- LG Chem
- Mitsubishi Chem
- Toagosei
- Sasol
- Hexion
- Idemitsu Kosan
- HUAYI
- Satellite
- BASF-YPC
- Sanmu Group
- Shandong Kaitai
- CNOOC
- ChemChina
- CNPC
Highlights of The Acrylic Acid and its Derivatives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylic Acid
- Acrylic Acid Derivatives
- By Application:
- Superabsorbent
- Paints & Coating
- Adhesives
- Textiles
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acrylic Acid and its Derivatives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acrylic acid is a white, water-soluble solid with the chemical formula C2H4O2. It is used in paints, plastics, and other materials. Acrylic acid derivatives include methyl acrylate (MA), ethyl acrylate (EA), butyl acrylate (BA), and acrylic copolymer.
Some of the major players in the acrylic acid and its derivatives market are BASF, DowDuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, HUAYI, Satellite, BASF-YPC, Sanmu Group, Shandong Kaitai, CNOOC, ChemChina, CNPC.
The acrylic acid and its derivatives market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Acrylic Acid and its Derivatives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Acrylic Acid and its Derivatives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Acrylic Acid and its Derivatives Market - Supply Chain
4.5. Global Acrylic Acid and its Derivatives Market Forecast
4.5.1. Acrylic Acid and its Derivatives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Acrylic Acid and its Derivatives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Acrylic Acid and its Derivatives Market Absolute $ Opportunity
5. Global Acrylic Acid and its Derivatives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Acrylic Acid and its Derivatives Market Size and Volume Forecast by Type
5.3.1. Acrylic Acid
5.3.2. Acrylic Acid Derivatives
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Acrylic Acid and its Derivatives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Acrylic Acid and its Derivatives Market Size and Volume Forecast by Application
6.3.1. Superabsorbent
6.3.2. Paints & Coating
6.3.3. Adhesives
6.3.4. Textiles
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Acrylic Acid and its Derivatives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Acrylic Acid and its Derivatives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Acrylic Acid and its Derivatives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Acrylic Acid and its Derivatives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Acrylic Acid and its Derivatives Demand Share Forecast, 2019-2026
9. North America Acrylic Acid and its Derivatives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Acrylic Acid and its Derivatives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Acrylic Acid and its Derivatives Market Size and Volume Forecast by Application
9.4.1. Superabsorbent
9.4.2. Paints & Coating
9.4.3. Adhesives
9.4.4. Textiles
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Acrylic Acid and its Derivatives Market Size and Volume Forecast by Type
9.7.1. Acrylic Acid
9.7.2. Acrylic Acid Derivatives
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Acrylic Acid and its Derivatives Demand Share Forecast, 2019-2026
10. Latin America Acrylic Acid and its Derivatives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Acrylic Acid and its Derivatives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Acrylic Acid and its Derivatives Market Size and Volume Forecast by Application
10.4.1. Superabsorbent
10.4.2. Paints & Coating
10.4.3. Adhesives
10.4.4. Textiles
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Acrylic Acid and its Derivatives Market Size and Volume Forecast by Type
10.7.1. Acrylic Acid
10.7.2. Acrylic Acid Derivatives
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Acrylic Acid and its Derivatives Demand Share Forecast, 2019-2026
11. Europe Acrylic Acid and its Derivatives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Acrylic Acid and its Derivatives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Acrylic Acid and its Derivatives Market Size and Volume Forecast by Application
11.4.1. Superabsorbent
11.4.2. Paints & Coating
11.4.3. Adhesives
11.4.4. Textiles
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Acrylic Acid and its Derivatives Market Size and Volume Forecast byType
11.7.1. Acrylic Acid
11.7.2. Acrylic Acid Derivatives
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Acrylic Acid and its Derivatives Demand Share, 2019-2026
12. Asia Pacific Acrylic Acid and its Derivatives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Acrylic Acid and its Derivatives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Acrylic Acid and its Derivatives Market Size and Volume Forecast by Application
12.4.1. Superabsorbent
12.4.2. Paints & Coating
12.4.3. Adhesives
12.4.4. Textiles
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Acrylic Acid and its Derivatives Market Size and Volume Forecast by Type
12.7.1. Acrylic Acid
12.7.2. Acrylic Acid Derivatives
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Acrylic Acid and its Derivatives Demand Share, 2019-2026
13. Middle East & Africa Acrylic Acid and its Derivatives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Acrylic Acid and its Derivatives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Acrylic Acid and its Derivatives Market Size and Volume Forecast by Application
13.4.1. Superabsorbent
13.4.2. Paints & Coating
13.4.3. Adhesives
13.4.4. Textiles
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Acrylic Acid and its Derivatives Market Size and Volume Forecast by Type
13.7.1. Acrylic Acid
13.7.2. Acrylic Acid Derivatives
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Acrylic Acid and its Derivatives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Acrylic Acid and its Derivatives Market: Market Share Analysis
14.2. Acrylic Acid and its Derivatives Distributors and Customers
14.3. Acrylic Acid and its Derivatives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nippon Shokubai
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Akema
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Formosa
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. LG Chem
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Mitsubishi Chem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toagosei
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Sasol
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hexion
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Idemitsu Kosan
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HUAYI
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Satellite
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BASF-YPC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sanmu Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shandong Kaitai
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. CNOOC
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ChemChina
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. CNPC
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
