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Global Acrylic Acid Market is Expected to Reach USD 20.0 Billion by 2018: Transparency Market Research


News provided by

Transparency Market Research

25 Jul, 2013, 12:02 GMT

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NEW YORK, July 25, 2013 /PRNewswire/ --

Transparency Market Research (http://www.transparencymarketresearch.com) has released a new market report titled "Acrylic Acid Market (Acrylate Esters, Glacial Acrylic Acid & Others) for Superabsorbent polymers & Surface Coatings, Adhesives and Sealants, Textiles, Plastic Additives & Printing Ink Applications - Global Industry Analysis, Size, Share, Growth and Forecast, 2012 - 2018," which observes that the demand for acrylic acid that was over USD 13.6 billion in 2012 is expected to increase to USD 20.0 billion by 2018, growing at a CAGR of 6.5% from 2012 to 2018.

Browse the full report at  http://www.transparencymarketresearch.com/acrylic-acid-market.html

The global acrylic acid market has witnessed strong growth in the recent years due to rising demand from super absorbent polymers and adhesives and sealants industry. Increasing demand for super absorbent polymers in emerging economies has remained the key driver for this industry. Moreover, increase in construction and building activities in emerging economies is expected to keep driving demand for the acrylic acid during the forecast period. Since, propylene is a key raw material used in the manufacture of acrylic acid and any fluctuations in the prices of propylene significantly alters the profit margins of acrylic acid manufacturers. Volatile price of raw materials is one of the major factors inhibiting the acrylic acid market. The global prices of propylene reached USD 1800 per ton in 2011 and are expected to rise further due to increase in crude oil prices and supply constraints. Moreover, stringent regulations in North America and Europe are expected to affect market growth in the near future.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/gelatin.html

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http://www.transparencymarketresearch.com/natural-polymers-market.html

http://www.transparencymarketresearch.com/technical-textiles-market.html

http://www.transparencymarketresearch.com/seed-treatment-market.html

Acrylic esters, glacial acrylic acid, ammonium polyacrylate and cyanopolyacrylate are the key derivatives of acrylic acid. Large volumes of acrylic acid were used for production of acrylate esters, which accounted for over 51% of total acrylic acid consumed in 2012. Methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate are the key types of acrylic esters and are most widely used in surface coatings, adhesives and sealants, textiles, plastic additives, printing ink, etc. However, it is expected to exhibit slowest growth among all derivatives of the acrylic acid during the forecast period. Glacial acrylic acid was the second largest outlet for the acrylic acid. Glacial acrylic is mainly employed in the manufacturing of super absorbent polymers. Super absorbent polymers are compounds of glacial acrylic acid mainly used in disposable hygiene applications. It is used in manufacturing baby diapers and training pants, adult diapers and feminine hygiene products. Poly acrylic acid is another important application of glacial acrylic acid and is mainly used in water treatment, detergent co-builder and mineral processing.

Asia Pacific dominated the market in terms of volume as well as revenue and accounted for over 40% of the global demand in 2012. Moreover, Asia Pacific is estimated to be the fastest growing region over the next six years and expected to grow at a CAGR of 6.0% from 2012 to 2018. The rapidly growing construction industry in emerging economies such as China, South Korea and India has propelled the growth of the acrylic acid and its derivatives market in the Asia Pacific region. North America and Europe accounted for second and third largest share of the global acrylic acid volume consumption in 2012.

Acrylic acid manufacturing is a capital intensive process and is dominated by large multinational companies. Some of the leading industry participants in this market include BASF SE, Dow Chemical, StoHass Monomer, Rohm and Haas, Formosa Plastics, Nikkon Shokubai, Arkema SA and so on.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/polyols-market.html

http://www.transparencymarketresearch.com/industrial-gases-market.html

http://www.transparencymarketresearch.com/powder-coatings-market.html

http://www.transparencymarketresearch.com/thermic-fluid.html

http://www.transparencymarketresearch.com/insulation-market.html

Acrylic Acid: Product Segment Analysis

  • Acrylate Esters
  • Acrylate Esters: By product
    • Methyl acrylate
    • Ethyl acrylate
    • Butyl acrylate
    • 2-ethylhexyl acrylate
    • Acrylate Esters: By application
  • Surface Coatings
  • Adhesives and sealants
  • Textiles
  • Plastic additives
  • Printing ink
  • Others (Papers, etc.)
  • Glacial Acrylic Acid
    • Glacial Acrylic Acid: By application
  • Superabsorbent polymers (SAP)
  • Poly acrylic acid
  • Others

Acrylic Acid: Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Browse all Chemical Industry Research Reports @ http://www.transparencymarketresearch.com/chemical-market-reports-2.html

Upcoming Reports in Chemical & Materials Market

Polyethylene Market

Polystyrene Market

Water Soluble Polymers Market 

Glyphosate Market

Wood-Plastic Composites Market

Abrasive Market

High-Density Polyethylene Market

Microspheres Market

PVA Films Market

Seed Treatment Market

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Visit: http://de.transparencymarketresearch.com/
Visit: http://www.europlat.org/
Visit: http://transparencymarketresearch.areavoices.com/

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