PUBLISHER: TechNavio | PRODUCT CODE: 1090314
PUBLISHER: TechNavio | PRODUCT CODE: 1090314
Technavio has been monitoring the acrylic acid market and it is poised to grow by $ 3.33 bn during 2022-2026, accelerating at a CAGR of 4.77% during the forecast period. Our report on the acrylic acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased demand for acrylic acid derivatives in surface coating applications, a rise in demand from developing countries, and rising investments in infrastructure development.
The acrylic acid market analysis includes the application segment and geographic landscape.
Technavio's acrylic acid market is segmented as below:
By Application
By Geographical Landscape
This study identifies the increasing demand for bio-based acrylic acid derivatives as one of the prime reasons driving the acrylic acid market growth during the next few years. Also, increasing mergers and acquisitions activities and growing adoption of UV-curable coatings will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the acrylic acid market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading acrylic acid market vendors that include Arkema Group, Ashland Global Holdings Inc., ATULYA CHEMICALS, BASF SE, Cargill Inc., EMCO Dyestuff Pvt. Ltd., Evonik Industries AG, Formosa Plastics Corp., LG Electronics Inc., Libra Speciality Chemicals Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corp., Nippon Shokubai Co. Ltd., Sasol Ltd., Shanghai Huayi Acrylic Acid Co. Ltd., SIBUR International GmbH, The Lubrizol Corp., Toagosei Co.Ltd., Vizag Chemical International, and Acura Organics Ltd. Also, the acrylic acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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