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Global Acrylic Acid (GAA) Market Key Players Competitive Survey Report 2023

Length- 102 Pages | Published Date - 2023-03-20 | Report Id- 1524
Single Licence $3650.00 | Enterprise License $6200.00 | Multiple Licensee $6200.00
Description Table of Contents Table of Figures
Within the research scope of this report, it shows that the global Acrylic Acid (GAA) market had a market size of about 7715.25 Million USD in 2022, growing at a CAGR of 3.85% during 2023-2029 to 10050.68 Million USD in 2029.

MARKET COMPETITIVE LANDSCAPE:
Major players in this market include BASF, Nippon Shokubai, The DOW Chemical Company, Arkema, LG Chemical, and etc.
---The combined market share of the Top 3 players in the global Acrylic Acid (GAA) market is about 45.63%.

REGION SHARE:
The report covers the market size information of major regions/Countries around the world, including NA/United States, EU/Germany, APAC/China, LA/SA, MEA and etc.
---In the geographical distribution of Acrylic Acid (GAA) market in 2022, the Asia Pacific has the largest market size and its market share is about 42.52%, followed by United States and its market share is about 25.00%.

SEGMENT OVERVIEW:
This report conducts segment analysis on type and application level. Type segment includes Glacial Acrylic Acid 99.0%, Glacial Acrylic Acid 99.5%, etc. Application segment includes Superabsorbent Polymers in Diapers, Adult Incontinence, etc.
--- Glacial Acrylic Acid 99.5% contributes approximately 65.00% share to the market in 2022.
--- Superabsorbent Polymers in Diapers contributes approximately 55.00% share to the market in 2022.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Acrylic Acid (GAA) market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Acrylic Acid (GAA) market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Acrylic Acid (GAA) market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Acrylic Acid (GAA) market.

Global Acrylic Acid (GAA) Scope and Market Size
Acrylic Acid (GAA) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Acrylic Acid (GAA) market will be able to gain the upper hand as they use the report as a powerful resource.

The impact of the outbreak of COVID-19 and the Russia-Ukraine War on the Acrylic Acid (GAA) industry is considered in the report, covering the dynamic analysis of the development of the Acrylic Acid (GAA) industry, including trends, technologies, opportunities, constraints. To ensure report buyers are able to gain in-depth knowledge of the market.
The Acrylic Acid (GAA) market has been experiencing notable trends in recent years. Here are some key trends in the Acrylic Acid market:

Growing Demand in Surface Coatings: Acrylic Acid is a key raw material for the production of acrylic-based coatings. The market trend involves increasing demand for acrylic-based coatings in various industries such as automotive, construction, and industrial coatings. Acrylic coatings offer properties like high gloss, excellent adhesion, durability, and weather resistance, driving their adoption in different applications.

Increasing Demand in Adhesives and Sealants: Acrylic Acid is widely used in the manufacturing of adhesives and sealants. The market trend includes a growing demand for acrylic-based adhesives and sealants due to their versatility, strong bonding properties, and excellent resistance to aging, UV radiation, and chemicals. Industries such as construction, automotive, packaging, and electronics are driving the demand for acrylic-based adhesives and sealants.

Shifting Focus towards Water-Based Acrylic Products: Environmental regulations and growing sustainability concerns are driving the market trend towards water-based acrylic products. Water-based acrylic coatings, adhesives, and sealants offer lower VOC emissions and are considered more environmentally friendly compared to solvent-based counterparts. The market is witnessing a shift towards water-based formulations to meet regulatory requirements and address customer preferences for sustainable and eco-friendly products.

Increasing Use in Textile and Fiber Applications: Acrylic Acid is utilized in the production of acrylic fibers and textiles. The market trend includes a growing demand for acrylic fibers in the textile industry due to their properties like softness, warmth, durability, and resistance to fading. Acrylic fibers find applications in apparel, upholstery, carpets, and home textiles, contributing to the market growth of acrylic acid.

Growth in Superabsorbent Polymers (SAP): Acrylic Acid is a key monomer in the production of superabsorbent polymers (SAP), which are used in various applications, including diapers, adult incontinence products, feminine hygiene products, and agricultural products. The market trend involves an increasing demand for SAP due to the rising population, changing demographics, and growing awareness of hygiene and sanitation practices. This drives the demand for acrylic acid as a feedstock for SAP production.

Regional Market Dynamics: The Acrylic Acid market trend can vary by region due to factors such as industrial development, manufacturing capabilities, and end-use applications. Regions like Asia Pacific, North America, and Europe have significant demand for Acrylic Acid due to their robust industrial sectors and consumption patterns. Additionally, the growth of construction and automotive industries in emerging markets is driving the demand for acrylic-based products, contributing to market growth.

Technological Advancements: The Acrylic Acid market is influenced by ongoing technological advancements and innovations. Manufacturers are investing in research and development to improve the production processes, enhance product performance, and explore new applications for acrylic-based products. This market trend aims to meet evolving customer requirements, optimize production efficiency, and introduce novel products to the market.

Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Spain
Nordic
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
Egypt
South Africa
UAE
Turkey
Saudi Arabia

Player list
BASF
Nippon Shokubai
The DOW Chemical Company
Arkema
LG Chemical
Jiangsu Jurong Chemical Co., Ltd.
Formosa Plastics
Mitsubishi Chemical
TASNEE
Shanghai Huayi
Zheijiang Satellite AA
Toagosei Chemical Industry
Shenyang Chemical
Gazprom neftekhim Salavat
Idemitsu Petrochemical
Momentive
Shandong Kaitai
Novomer
Jiangsu Sanmu Group Co.,Ltd.
CNPC (Jilin)
SASOL
Others

Types list
Glacial Acrylic Acid 99.0%
Glacial Acrylic Acid 99.5%
Other

Application list
Superabsorbent Polymers in Diapers
Adult Incontinence
Feminine Hygiene Products
Specialty Esters
Other

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