Market Overview:
The global catalyst used to convert 3-HP to acrylic acid market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for acrylic acid from various applications such as super absorbent polymers (SAP), polyacrylic acid polymers, adhesives, and others. In addition, the growing demand for metal salt catalyst and microbial preparation is expected to fuel the growth of this market over the forecast period.
Product Definition:
A catalyst is a substance that increases the rate of a chemical reaction without itself being changed. Catalysts are used to convert 3-HP to acrylic acid, which is important because it is used in the production of plastics.
Metal Salt Catalyst:
Metal salt catalysts are used in the conversion of 3-hydroxypropionic acid to acrylic acid. The metal catalyst is selected on the basis of its ability to form a coordinate anion and its compatibility with the reactants. The most commonly used metals for this purpose include zinc, copper, nickel, cobalt and iron. These catalysts can be further divided into two broad categories based on their structures namely organic salts and inorganic salts.
Microbial Preparation:
Microbial preparation is a process in which microbes are used to convert sugar into useful products such as acetic acid, formic acid, lactic acid and others.
Application Insights:
In terms of application industries, the 3-HP to acrylic acid market is categorized into superabsorbent polymers (SAP), polyacrylic acid polymers, adhesives, and others. The SAP segment dominated the overall industry in terms of revenue share in 2017. This can be attributed to rising demand for baby diapers across various regions including North America and Europe. Moreover, increasing disposable income levels coupled with a growing population has resulted in an increased demand for female hygiene products such as sanitary pads and panty liners across various regions including North America and Europe over the recent past. This trend is expected to continue over the forecast period thus driving growth during this period.
Regional Analysis:
North America was the largest market for the catalyst used to convert 3-HP to acrylic acid and accounted for a share of over 35.0% in 2017 owing to high product demand from various end-use industries, such as adhesives & sealants, paints & coatings, and others. The region is expected to dominate the global market over the forecast period on account of increasing product demand from several major end-use industries coupled with growing awareness regarding sustainable chemical manufacturing practices in U.S., Canada, and Mexico among other Latin American countries.
The Asia Pacific is projected to be one of the fastest growing markets due its rising population along with expanding industrial sector at a significant rate that demands numerous products including adhesives & sealants; personal care products; food processing equipment; construction materials such as cementitious composites.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, textiles, automotive, and construction.
- Growing awareness about the benefits of acrylic acid over other acids among manufacturers.
- Rising investments in research and development activities to develop new applications for acrylic acid.
- Technological advancements that have led to the development of more efficient production processes for acrylic acid derivatives products
Scope Of The Report
Report Attributes
Report Details
Report Title
Catalyst Used to Convert 3-HP to Acrylic Acid Market Research Report
By Type
Metal Salt Catalyst, Microbial Preparation, Bentonite Clay, Others
By Application
Super Absorbent Polymers (SAP), Polyacrylic Acid Polymers, Adhesives, Others
By Companies
Novozymes/Cargill, OPXBio/Dow, Arkema/Nippon Shokubai, Novomer, Yield10, Metabolix
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Catalyst Used to Convert 3-HP to Acrylic Acid Market Report Segments:
The global Catalyst Used to Convert 3-HP to Acrylic Acid market is segmented on the basis of:
Types
Metal Salt Catalyst, Microbial Preparation, Bentonite Clay, Others
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
Super Absorbent Polymers (SAP), Polyacrylic Acid Polymers, Adhesives, 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:
- Novozymes/Cargill
- OPXBio/Dow
- Arkema/Nippon Shokubai
- Novomer
- Yield10
- Metabolix
Highlights of The Catalyst Used to Convert 3-HP to Acrylic Acid 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:
- Metal Salt Catalyst
- Microbial Preparation
- Bentonite Clay
- Others
- By Application:
- Super Absorbent Polymers (SAP)
- Polyacrylic Acid Polymers
- Adhesives
- 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 Catalyst Used to Convert 3-HP to Acrylic Acid 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Catalyst is used to convert 3-HP to acrylic acid.
Some of the major companies in the catalyst used to convert 3-hp to acrylic acid market are Novozymes/Cargill, OPXBio/Dow, Arkema/Nippon Shokubai, Novomer, Yield10, Metabolix.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Catalyst Used to Convert 3-HP to Acrylic Acid 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. Catalyst Used to Convert 3-HP to Acrylic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Catalyst Used to Convert 3-HP to Acrylic Acid Market - Supply Chain
4.5. Global Catalyst Used to Convert 3-HP to Acrylic Acid Market Forecast
4.5.1. Catalyst Used to Convert 3-HP to Acrylic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Catalyst Used to Convert 3-HP to Acrylic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Catalyst Used to Convert 3-HP to Acrylic Acid Market Absolute $ Opportunity
5. Global Catalyst Used to Convert 3-HP to Acrylic Acid 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. Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Type
5.3.1. Metal Salt Catalyst
5.3.2. Microbial Preparation
5.3.3. Bentonite Clay
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Catalyst Used to Convert 3-HP to Acrylic Acid 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. Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Application
6.3.1. Super Absorbent Polymers (SAP)
6.3.2. Polyacrylic Acid Polymers
6.3.3. Adhesives
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Catalyst Used to Convert 3-HP to Acrylic Acid 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. Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid 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. Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid Demand Share Forecast, 2019-2026
9. North America Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Application
9.4.1. Super Absorbent Polymers (SAP)
9.4.2. Polyacrylic Acid Polymers
9.4.3. Adhesives
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Type
9.7.1. Metal Salt Catalyst
9.7.2. Microbial Preparation
9.7.3. Bentonite Clay
9.7.4. Others
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 Catalyst Used to Convert 3-HP to Acrylic Acid Demand Share Forecast, 2019-2026
10. Latin America Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Application
10.4.1. Super Absorbent Polymers (SAP)
10.4.2. Polyacrylic Acid Polymers
10.4.3. Adhesives
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Type
10.7.1. Metal Salt Catalyst
10.7.2. Microbial Preparation
10.7.3. Bentonite Clay
10.7.4. Others
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 Catalyst Used to Convert 3-HP to Acrylic Acid Demand Share Forecast, 2019-2026
11. Europe Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Application
11.4.1. Super Absorbent Polymers (SAP)
11.4.2. Polyacrylic Acid Polymers
11.4.3. Adhesives
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Type
11.7.1. Metal Salt Catalyst
11.7.2. Microbial Preparation
11.7.3. Bentonite Clay
11.7.4. Others
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 Catalyst Used to Convert 3-HP to Acrylic Acid Demand Share, 2019-2026
12. Asia Pacific Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Application
12.4.1. Super Absorbent Polymers (SAP)
12.4.2. Polyacrylic Acid Polymers
12.4.3. Adhesives
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Type
12.7.1. Metal Salt Catalyst
12.7.2. Microbial Preparation
12.7.3. Bentonite Clay
12.7.4. Others
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 Catalyst Used to Convert 3-HP to Acrylic Acid Demand Share, 2019-2026
13. Middle East & Africa Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid 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 Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Application
13.4.1. Super Absorbent Polymers (SAP)
13.4.2. Polyacrylic Acid Polymers
13.4.3. Adhesives
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Catalyst Used to Convert 3-HP to Acrylic Acid Market Size and Volume Forecast by Type
13.7.1. Metal Salt Catalyst
13.7.2. Microbial Preparation
13.7.3. Bentonite Clay
13.7.4. Others
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 Catalyst Used to Convert 3-HP to Acrylic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Catalyst Used to Convert 3-HP to Acrylic Acid Market: Market Share Analysis
14.2. Catalyst Used to Convert 3-HP to Acrylic Acid Distributors and Customers
14.3. Catalyst Used to Convert 3-HP to Acrylic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Novozymes/Cargill
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OPXBio/Dow
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Arkema/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. Novomer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yield10
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Metabolix
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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