South & Central America Polyacrylic Acid Market Forecast to 2031 - Regional Analysis - by Form, Application, and End-Use Industry

Description

List of Tables

The South & Central America polyacrylic acid market was valued at US$ 222.16 million in 2023 and is expected to reach US$ 305.71 million by 2031; it is estimated to register a CAGR of 4.1% from 2023 to 2031.

Increasing Demand for Polyacrylic Acid from Detergent and Cleaner Applications Fuels South & Central America Polyacrylic Acid Market

Polyacrylic acids with cross-linkages are used in the manufacturing of household products such as floor cleaners. The ability of polyacrylic acid to act as a dispersing agent and chelating agent is a major factor for its widespread use in detergent and cleaner formulations. With rapid urbanization and modernization, there is a rising emphasis on maintaining clean and sanitized living environments. This increasing awareness about hygiene and cleanliness is particularly evident in urban areas where population density and shared living spaces amplify the risk of spreading germs and pathogens. As a result, consumers increasingly prioritize effective cleaning practices, including the regular use of detergents, to safeguard themselves and their families against illness and infection. Moreover, the COVID-19 pandemic raised awareness of hygiene and cleanliness across the world. The pandemic emphasized the importance of proper sanitation and hygiene practices in residential, commercial, and industrial places.

Further, the growing concern about enabling a healthier and hygienic environment is leading to increasing demand for industrial detergents and cleaners. Thus, the increasing demand for polyacrylic acid from detergent and cleaner applications is expected to provide lucrative opportunities for the polyacrylic acid market in the coming times.

South & Central America Polyacrylic Acid Market Overview

Brazil, as one of the largest economies in South America, boasts a diverse industrial landscape spanning automotive, textiles, construction, and personal care sectors, all of which are significant consumers of polyacrylic acid-based products. The growth in urban population and a surge in the number of infrastructure development projects in the country have propelled demand for water treatment solutions, where polyacrylic acid finds extensive application due to its excellent flocculating and dispersing properties. According to data from the National Sanitation Information System, Brazil collected an average of 55.8% of the wastewater produced in the country, of which only 51.2% was treated. Furthermore, the growing awareness of environmental sustainability and stringent regulations governing water quality have spurred the adoption of polyacrylic acid in various industries as an eco-friendly alternative to traditional chemicals. Moreover, the market for cosmetics and personal care presents a lucrative opportunity for polyacrylic acid, as it is widely used in formulations such as hair styling gels, skin creams, and detergents. In 2022, Brazil exported over US$ 770 million worth of beauty and hygiene products. Additionally, government initiatives aimed at promoting industrial growth and innovation, coupled with investments in research and development, are expected to boost the market expansion in the coming years.

South & Central America Polyacrylic Acid Market Revenue and Forecast to 2031 (US$ Million)

South & Central America Polyacrylic Acid Market Segmentation

The South & Central America polyacrylic acid market is categorized into form, application, end-use industry, and country.

By form, the South & Central America polyacrylic acid market is segmented into powder and liquid. The liquid segment held a larger share of the South & Central America polyacrylic acid market share in 2023.

In terms of application, the South & Central America polyacrylic acid market is segmented into dispersing agent, anti-scaling agent, thickeners, emulsifiers, ion-exchanger, and others. The anti-scaling agents segment held the largest share of the South & Central America polyacrylic acid market share in 2023.

Based on end-use industry, the South & Central America polyacrylic acid market is segmented into water treatment, personal care & cosmetics, detergents & cleaners, leather & textiles, pulp & paper, paints & coatings, ceramics, and others. The water treatment segment held the largest share of the South & Central America polyacrylic acid market share in 2023.

Based on country, the South & Central America polyacrylic acid market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil segment held the largest share of South & Central America polyacrylic acid market in 2023.

Arkema SA, Ashland Inc, BASF SE, Evonik Industries AG, The Dow Chemical Co, and The Lubrizol Corp are some of the leading companies operating in the South & Central America polyacrylic acid market.

Product Code: BMIRE00031391

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
- 3.2.1 Hypothesis Formulation:
- 3.2.2 Macro-Economic Factor Analysis:
- 3.2.3 Developing Base Number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country Level Data:
3.3 Primary Research

4. South & Central America Polyacrylic Acid Market Landscape

4.1 Overview
4.2 Porters Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Intensity of Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis

5. South & Central America Polyacrylic Acid Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Rising Focus on Water and Wastewater Treatment Activities
- 5.1.2 Rising Demand from Paper & Pulp Industry
5.2 Market Restraints
- 5.2.1 Fluctuation in Prices of Raw Materials
5.3 Market Opportunities
- 5.3.1 Increasing Demand for Polyacrylic Acid from Detergent and Cleaner Applications
5.4 Future Trends
- 5.4.1 Development of Bio-Based and Sustainable Products
5.5 Impact of Drivers and Restraints:

6. Polyacrylic Acid Market - South & Central America Analysis

6.1 South & Central America Polyacrylic Acid Market Volume (Kilo Tons), 2021-2031
6.2 South & Central America Polyacrylic Acid Market Volume Forecast and Analysis (Kilo Tons)
6.3 South & Central America Polyacrylic Acid Market Revenue (US$ Million), 2021-2031
6.4 South & Central America Polyacrylic Acid Market Forecast and Analysis

7. South & Central America Polyacrylic Acid Market Volume and Revenue Analysis - by Form

7.1 Powder
- 7.1.1 Overview
- 7.1.2 Powder: South & Central America Polyacrylic Acid Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.1.3 Powder: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Liquid
- 7.2.1 Overview
- 7.2.2 Liquid: South & Central America Polyacrylic Acid Market - Volume and Forecast to 2031 (Kilo Tons)
- 7.2.3 Liquid: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)

8. South & Central America Polyacrylic Acid Market Revenue Analysis - by Application

8.1 Dispersing Agent
- 8.1.1 Overview
- 8.1.2 Dispersing Agent: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Anti-Scaling Agent
- 8.2.1 Overview
- 8.2.2 Anti-Scaling Agent: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.3 Thickeners
- 8.3.1 Overview
- 8.3.2 Thickeners: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.4 Emulsifiers
- 8.4.1 Overview
- 8.4.2 Emulsifiers: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.5 Ion-Exchanger
- 8.5.1 Overview
- 8.5.2 Ion-Exchanger: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)

9. South & Central America Polyacrylic Acid Market Revenue Analysis - by End-Use Industry

9.1 Water Treatment
- 9.1.1 Overview
- 9.1.2 Water Treatment: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.2 Personal Care and Cosmetics
- 9.2.1 Overview
- 9.2.2 Personal Care and Cosmetics: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.3 Detergents and Cleaners
- 9.3.1 Overview
- 9.3.2 Detergents and Cleaners: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.4 Leather and Textiles
- 9.4.1 Overview
- 9.4.2 Leather and Textiles: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.5 Pulp and Paper
- 9.5.1 Overview
- 9.5.2 Pulp and Paper: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.6 Paints and Coatings
- 9.6.1 Overview
- 9.6.2 Paints and Coatings: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.7 Ceramics
- 9.7.1 Overview
- 9.7.2 Ceramics: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
9.8 Others
- 9.8.1 Overview
- 9.8.2 Others: South & Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)

10. South & Central America Polyacrylic Acid Market - Country Analysis

10.1 South and Central America
- 10.1.1 South and Central America Polyacrylic Acid Market Revenue and Forecast and Analysis - by Country
  - 10.1.1.1 South and Central America Polyacrylic Acid Market Volume and Forecast and Analysis - by Country
  - 10.1.1.2 South and Central America Polyacrylic Acid Market Revenue and Forecast and Analysis -by Country
  - 10.1.1.3 Brazil Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.3.1 Brazil Polyacrylic Acid Market Breakdown by Form
    - 10.1.1.3.2 Brazil Polyacrylic Acid Market Breakdown by Application
    - 10.1.1.3.3 Brazil Polyacrylic Acid Market Breakdown by End-Use Industry
  - 10.1.1.4 Argentina Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.4.1 Argentina Polyacrylic Acid Market Breakdown by Form
    - 10.1.1.4.2 Argentina Polyacrylic Acid Market Breakdown by Application
    - 10.1.1.4.3 Argentina Polyacrylic Acid Market Breakdown by End-Use Industry
  - 10.1.1.5 Rest of South and Central America Polyacrylic Acid Market - Revenue and Forecast to 2031 (US$ Million)
    - 10.1.1.5.1 Rest of South and Central America Polyacrylic Acid Market Breakdown by Form
    - 10.1.1.5.2 Rest of South and Central America Polyacrylic Acid Market Breakdown by Application
    - 10.1.1.5.3 Rest of South and Central America Polyacrylic Acid Market Breakdown by End-Use Industry

11. Competitive Landscape

11.1 Heat Map Analysis by Key Players
11.2 Company Positioning & Concentration

12. Industry Landscape

12.1 Overview
12.2 Product Launch
12.3 Expansion

13. Company Profiles

13.1 Arkema SA
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Ashland Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 BASF SE
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Evonik Industries AG
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 The Dow Chemical Co
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 The Lubrizol Corp
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments

14. Appendix

14.1 About The Insight Partners