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Acrylic Acid Market

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By Author: Moin Patni
Total Articles: 137
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Acrylic Acid Market Overview:
Market Research Future (MRFR)’s report reveals that the global acrylic acid market is set to register a healthy CAGR of 5.14% during the forecast period 2018 to 2022. The market is estimated to grow from USD 13,599.9 Mn in 2015 to USD 18,315.3 Mn by the end of 2022.
Acrylic Acid Market Key Players:
Some of the key players profiled by MRFR are;
• BASF SE,
• Evonik Industries,
• Nippon Shokubai Co. Ltd,
• Shenyang Chemical Co Ltd,
• Taixing Jurong Chemical Co Ltd,
• PJSC Sibur Holding,
• The Dow Chemical Company,
• Arkema SA,
• LG Chemicals,
• Mitsubishi Chemical,
• Hexion Inc.,
Free for Sample Report @ https://www.marketresearchfuture.com/sample_request/2571
Acrylic Acid Market Regional Analysis:
The North America market for phenolic resins is estimated to propel owing to increased industrial activity, rebounding housing activities, and developing applications of phenolic resins in the motor vehicle market in the region. Asia-pacific market for phenolic resins is expected to grow considerably during the forecast period owing to ongoing industrialization and rapid constructional and infrastructural activities in developing economies.
The Europe market too is favorable for phenolic resins owing to factors such as well-established infrastructure, availability of skilled workforce, high level of economic stability, investment in R&D, however, the market can be influenced due to shift in base of industries from Europe to emerging economies like Asia. The Middle East & Africa market is not so consolidated due to poor socio-economic conditions and a lack of skilled workforce.
Acrylic Acid Market Segmental Analysis:
By region, the global acrylic acid market has been segmented into Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa. Asia Pacific is currently the largest market for acrylic acid and is estimated to expand at a relatively higher CAGR of 5.39% through the projection period. The segment accounted for 35% share of the market in 2015 and is projected to reach a valuation of USD 6,520.9 Mn towards the end of 2022. The increasing demand from end-user industries for applications in the production processes of diapers, adhesives, kinds of coatings, plastic compounds, elastic materials, paper coating, personal care products, and cement modifiers among others is anticipated to drive the market growth.
Additionally, the presence of fast-developing economies such as India and China are likely to favor the acrylic acid market expansion in Asia Pacific. The demand generated in the booming agricultural sector for superabsorbent polymers is another significant factor influencing the growth of the regional market positively.
Acrylic Acid Market Table of Content:
1 Report Prologue
2 Market Introduction
3 Market Insights
4 Research Methodology
5 Market Dynamics
Acrylic Acid Market Table of Content to be Continue……,
Read Comprehensive Overview of Report @ https://www.marketresearchfuture.com/reports/acrylic-acid-market-2571
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com

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