North America Acrylic Acid Market Size, Share & Industry Trends Analysis Report By End-user, By Derivative Type (Acrylic Esters, Acrylic Polymer, and Others), By Country and Growth Forecast, 2023

Description

List of Tables

The North America Acrylic Acid Market would witness market growth of 3.6% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,491.4 kilo tonnes, showcasing a growth of 3.1% (2019-2022).

Turbidity caused by suspended particles in water can be effectively reduced using acrylic acid-based polymers. These polymers aid in the aggregation of small particles, resulting in larger and heavier flocs that settle more rapidly, leading to a reduction in turbidity levels. Acrylic acid-based polymers are effective in addressing heavy metal contamination in water. These polymers can form complexes with heavy metal ions, facilitating their removal during the coagulation and precipitation processes in water treatment.

In addition, acrylic acid-based polymers exhibit good compatibility with other water treatment chemicals. This compatibility allows for their effective integration into existing water treatment processes, providing water treatment plant operators flexibility. Acrylic acid-based polymers are known for their stability and longevity in water treatment applications. They can withstand the harsh conditions in water treatment processes, ensuring sustained performance over time.

Furthermore, environmental sustainability has become a focal point in the market. Manufacturers are increasingly adopting sustainable practices, including using renewable feedstocks, energy-efficient processes, and developing eco-friendly products. Ongoing research and development activities have led to technological advancements in acrylic acid production. Innovations focus on improving production efficiency, reducing environmental impact, and enhancing the performance of acrylic-based products.

The construction boom in Canada has led to increased demand for coatings to protect and enhance the aesthetic appeal of surfaces. Acrylic-based coatings are known for their durability, weather resistance, and versatility, making them suitable for various architectural applications. As per the data from Statistics Canada, investment in building construction increased 5.3% to $18.9 billion in September. The residential sector rose 7.3% to $12.9 billion, and the non-residential sector rose 1.2% to $6.0 billion. Thus, the growing construction industry in North America will boost the demand for acrylic acids in the region.

The US market dominated the North America Acrylic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,425 million by 2030. The Canada market is showcasing a CAGR of 5.9% during (2023 - 2030). Additionally, The Mexico market would register a CAGR of 5% during (2023 - 2030).

Based on End-user, the market is segmented into Diapers, Surface Coatings Industry, Adhesives & Sealants Industry, Plastic Additives Industry, Water Treatment Industry, Textiles Industry, Surfactants Industry, and Others. Based on Derivative Type, the market is segmented into Acrylic Esters, Acrylic Polymer, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mitsubishi Chemical Holdings Corporation, Arkema S.A., BASF SE, The Dow Chemical Company, Evonik Industries AG (RAG-Stiftung), LG Chem Ltd. (LG Corporation), Formosa Plastics Group, Sasol Limited, Nippon Shokubai Co., Ltd., and Merck KGaA

Scope of the Study

Market Segments covered in the Report:

By End-user (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Diapers
Surface Coatings Industry
Adhesives & Sealants Industry
Plastic Additives Industry
Water Treatment Industry
Textiles Industry
Surfactants Industry
Others

By Derivative Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

Acrylic Esters
Acrylic Polymer
Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

US
Canada
Mexico
Rest of North America

Companies Profiled

Mitsubishi Chemical Holdings Corporation
Arkema S.A.
BASF SE
The Dow Chemical Company
Evonik Industries AG (RAG-Stiftung)
LG Chem Ltd. (LG Corporation)
Formosa Plastics Group
Sasol Limited
Nippon Shokubai Co., Ltd.
Merck KGaA

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Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Acrylic Acid Market, by End-user
- 1.4.2 North America Acrylic Acid Market, by Derivative Type
- 1.4.3 North America Acrylic Acid Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. North America Acrylic Acid Market by End-user

4.1 North America Diapers Market by Country
4.2 North America Surface Coatings Industry Market by Country
4.3 North America Adhesives & Sealants Industry Market by Country
4.4 North America Plastic Additives Industry Market by Country
4.5 North America Water Treatment Industry Market by Country
4.6 North America Textiles Industry Market by Country
4.7 North America Surfactants Industry Market by Country
4.8 North America Others Market by Country

Chapter 5. North America Acrylic Acid Market by Derivative Type

5.1 North America Acrylic Esters Market by Country
5.2 North America Acrylic Polymer Market by Country
5.3 North America Others Market by Country

Chapter 6. North America Acrylic Acid Market by Country

6.1 US Acrylic Acid Market
- 6.1.1 US Acrylic Acid Market by End-user
- 6.1.2 US Acrylic Acid Market by Derivative Type
6.2 Canada Acrylic Acid Market
- 6.2.1 Canada Acrylic Acid Market by End-user
- 6.2.2 Canada Acrylic Acid Market by Derivative Type
6.3 Mexico Acrylic Acid Market
- 6.3.1 Mexico Acrylic Acid Market by End-user
- 6.3.2 Mexico Acrylic Acid Market by Derivative Type
6.4 Rest of North America Acrylic Acid Market
- 6.4.1 Rest of North America Acrylic Acid Market by End-user
- 6.4.2 Rest of North America Acrylic Acid Market by Derivative Type

Chapter 7. Company Profiles

7.1 Mitsubishi Chemical Holdings Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 SWOT Analysis
7.2 Arkema S.A.
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 SWOT Analysis
7.3 BASF SE
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
7.4 The Dow Chemical Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
7.5 Evonik Industries AG (RAG-Stiftung)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
7.6 LG Chem Ltd. (LG Corporation)
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 SWOT Analysis
7.7 Formosa Plastics Group
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 SWOT Analysis
7.8 Sasol Limited
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
7.9 Nippon Shokubai Co., Ltd.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Recent strategies and developments:
  - 7.9.4.1 Partnerships, Collaborations, and Agreements:
  - 7.9.4.2 Geographical Expansions:
- 7.9.5 SWOT Analysis
7.10. Merck KGaA
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expense
- 7.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 2 North America Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 3 North America Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 6 North America Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 7 North America Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Diapers Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Diapers Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Diapers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Diapers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Surface Coatings Industry Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Surface Coatings Industry Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Surface Coatings Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Surface Coatings Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Adhesives & Sealants Industry Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Adhesives & Sealants Industry Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Adhesives & Sealants Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Adhesives & Sealants Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Plastic Additives Industry Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Plastic Additives Industry Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Plastic Additives Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Plastic Additives Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Water Treatment Industry Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Water Treatment Industry Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Water Treatment Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Water Treatment Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Textiles Industry Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Textiles Industry Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Textiles Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Textiles Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Surfactants Industry Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Surfactants Industry Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Surfactants Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Surfactants Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 42 North America Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 43 North America Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Acrylic Esters Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Acrylic Esters Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Acrylic Esters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Acrylic Esters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Acrylic Polymer Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Acrylic Polymer Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Acrylic Polymer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Acrylic Polymer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 North America Others Market by Country, 2019 - 2022, USD Million
TABLE 54 North America Others Market by Country, 2023 - 2030, USD Million
TABLE 55 North America Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 North America Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 North America Acrylic Acid Market by Country, 2019 - 2022, USD Million
TABLE 58 North America Acrylic Acid Market by Country, 2023 - 2030, USD Million
TABLE 59 North America Acrylic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 North America Acrylic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 US Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 62 US Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 63 US Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 US Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 US Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 66 US Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 67 US Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 68 US Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 69 US Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 70 US Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 71 US Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 72 US Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 74 Canada Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 75 Canada Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Canada Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 78 Canada Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 79 Canada Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 80 Canada Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 81 Canada Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 82 Canada Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 83 Canada Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 84 Canada Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 86 Mexico Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 87 Mexico Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 Mexico Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 90 Mexico Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 91 Mexico Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 92 Mexico Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 93 Mexico Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 94 Mexico Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 95 Mexico Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 96 Mexico Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 98 Rest of North America Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 99 Rest of North America Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Rest of North America Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 102 Rest of North America Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 103 Rest of North America Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 104 Rest of North America Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 105 Rest of North America Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 106 Rest of North America Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 107 Rest of North America Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 108 Rest of North America Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 109 Key Information - MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 110 Key information - Arkema S.A.
TABLE 111 Key Information - BASF SE
TABLE 112 Key Information - The Dow Chemical Company
TABLE 113 Key Information - Evonik Industries AG
TABLE 114 key information - LG Chem Ltd.
TABLE 115 Key Information - Formosa Plastics Group
TABLE 116 Key Information - Sasol Limited
TABLE 117 Key Information - Nippon Shokubai Co., Ltd.
TABLE 118 key Information - Merck KGaA

North America Acrylic Acid Market Size, Share & Industry Trends Analysis Report By End-user, By Derivative Type (Acrylic Esters, Acrylic Polymer, and Others), By Country and Growth Forecast, 2023 - 2030