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Acrylic acid is an organic compound having characteristic tart or acrid smell. A large portion of acrylic acid is used as a feedstock for obtaining acrylate esters. Acrylate esters have a broad spectrum of application in paper treatment, plastic additives, textiles, sealants, adhesives, and surface coatings. Industries are developing and commercializing processes for producing acrylic acid from petrochemicals. Due to the rising price of oil globally, manufacturers are using bio-based techniques to produce acrylic acid and acrylates from renewable resources such as glycerol, sugar, etc.
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Renewable feedstock shows cost competitive outcomes as compared to petrochemical routes. The global acrylic acid market was valued at $11,006.6 million in 2013, and it is estimated to reach $18,824.0 million by 2020, growing at a CAGR of 7.6% during the forecast period (from 2014 to 2020). The global consumption of acrylic acid is anticipated to reach 8,169.0 kilo tons by 2020.
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Global Acrylic Acid Market
1. Global Acrylic Acid Market
(Derivative Types, Applications,
Geography)- Size, Share, Global Trends,
Company Profiles, Demand, Insights,
Analysis, Research, Report,
Opportunities, Segmentation and
Forecast, 2012 - 2020
Published Date: Jul-2014
No of Pages: 173
Reports and Intelligence
2. Description
Acrylic acid is an organic compound having characteristic tart or acrid smell. A large portion of acrylic
acid is used as a feedstock for obtaining acrylate esters. Acrylate esters have a broad spectrum of
application in paper treatment, plastic additives, textiles, sealants, adhesives, and surface coatings.
Industries are developing and commercializing processes for producing acrylic acid from
petrochemicals. Renewable feedstock shows cost competitive outcomes as compared to
petrochemical routes. The global acrylic acid market was valued at $11,006.6 million in 2013, and it is
estimated to reach $18,824.0 million by 2020, growing at a CAGR of 7.6% during the forecast period
(from 2014 to 2020). The global consumption of acrylic acid is anticipated to reach 8,169.0 kilo tons by
2020.
The factors that are driving the growth of the market are soaring demand for superabsorbent
polymers, widespread adoption of acrylic-based products in emerging economies such as Asia Pacific
and growing industries such as adhesives and sealants. Stringent government regulations are imposed
on the use of acrylic acid due to increasing environmental concerns in regions such as North America,
Europe, etc., to protect the environment and prevent occupational exposure of acrylic acid.
3. Key Benefits
Analysis of the Acrylic acid Market based on various segments such as by derivative types, end
users and geography is expounded in the report. Segmental analysis is also done in order to
determine the largest revenue generating segment
To study the various factors that are strengthening and restraining the growth of the market that
would help the market players to gain a deeper understanding the market
Qualitative as well as quantitative analysis of the current market conditions coupled with future
estimations through 2013-2020 would help stakeholders take strategic and profitable decisions
Geographic analysis of the market would help the companies to plan and take region specific
decisions
Porter’s five forces model helps to understand the bargaining power of buyers and suppliers and
threat of the new entrants
4. Table Of Content
1. Introduction
2. Executive Summary
3. Market Overview
4. Global Acrylic Acid Market By Derivative Types
5. Global Acrylic Acid Market By End Users
6. Global Acrylic Acid Market By Geography
7. Company Profiles
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5. Global Acrylic Acid Market By Derivative Types
Acrylic Esters
Methyl Acrylate
Ethyl Acrylate
Butyl Acrylate
Ethyhexyl Acrylate
Acrylic Polymers
Crylic Elastomers
Super Absorbent
Polymers
Water Treatment
Polymers
Other Derivatives
Ammonium
Polyacrylate
Cyanopolyacrylate
6. Global Acrylic Acid Market By Geography
Asia Pacific to be highest revenue generating segment
$ 8376.9 Million by 2020
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