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Worldwide Acrylic Acid Market is Expected to
Grow at a CAGR of 5.4% from 2014 to 2020:
Grand View Research, Inc
GrandViewResearch.com has announced the addition of "Global Acrylic Acid Market
Analysis And Segment Forecasts To 2020" Market Research report to their Database.
San Francisco, CA, June 05, 2014 -- The global market for acrylic acid is expected to
reach USD 22.78 billion by 2020, according to a new study by Grand View Research,
Inc. Increasing adoption of super absorbent polymers in emerging economies such as
India, China and Brazil is expected to be a key driver for the market over the forecast
period. In addition, the growing demand for high strength materials with superior thermal
resistance from the surface coating market is expected to boost demand for acrylic acid
over the next six years. Volatile raw material prices and strict regulatory scenario in
North America and Europe are expected to be key challenges for market participants.
Consequently, companies have been working on the development of bio-based acrylic
acid to overcome the above mentioned restraints.
Acrylate ester was the largest product segment for the market accounting for 2,864.5 kilo
tons of demand in 2013. These products are extensively used in applications such as
surface coating, adhesive and sealants, textiles, printing inks and plastic additives.
The report “Acrylic Acid Market Analysis By Product (Acrylate Esters, Glacial
Acrylic Acid) And Segment Forecasts To 2020,” is available now to Grand View
Research customers and can also be purchased directly at
http://www.grandviewresearch.com/industry-analysis/acrylic-acid-market
Inquiry Before Buying @ http://www.grandviewresearch.com/inquiry/366
Further key findings from the study suggest:
• Global acrylic acid demand was 5,584.2 kilo tons in 2013 and is expected to reach
8,031.1 kilo tons by 2020, growing at a CAGR of 5.4% from 2014 to 2020
• Asia Pacific was the largest regional market for acrylic acid with demand exceeding
2,500.0 kilo tons in 2013. In addition, Asia Pacific is expected to witness fastest growth
in demand at an estimated CAGR of 6.3% from 2014 to 2020, owing to the increasing
demand for super absorbent polymers in personal care products and presence of large
acrylic adhesive industry.
• Glacial acrylic acid was the second largest acrylic acid product, with revenue exceeding
USD 6.61 billion in 2013. Glacial acrylic acid is the key raw material for the
manufacturing of super absorbent polymers which are expected to gain significant market
over the forecast period.
• The acrylic acid market is fragmented with top five companies accounting for less than
50% of the market in 2013. The key participants include Dow Chemicals, BASF, Rohm
and Haas, Formosa Plastics and Arkema SA among others.
Browse All Organic Chemicals Market Reports Available at Grand View Research
@ http://www.grandviewresearch.com/industry/organic-chemicals-and-compounds
For the purpose of this study, Grand View Research has segmented the global acrylic
acid market on the basis of application, product and region:
• Acrylic acid Product Outlook (Volume, Kilo tons and Revenue, USD Million, 2012 –
2020)
• Acrylate esters
• Butyl acrylate
• 2-ethylhexyl acrylate
• Methyl acrylate
• Ethyl acrylate
• Glacial acrylic acid
• Others
• Acrylic acid Regional Outlook, By Product (Volume, Kilo tons and Revenue, USD
Million, 2012 – 2020)
• North America
• Europe
• Asia Pacific
• RoW
Browse All Grand View Research Ongoing Reports @
http://www.grandviewresearch.com/ongoing-reports
Latest Market Research Published By Grand View Research:
Molecular Diagnostics Market Analysis By Product (Instruments, Reagents), By
Technology (PCR, In Situ Hybridization, Chips & Microarrays, Mass
Spectrometry, Sequencing), By Application (Oncology, Pharmacogenomics,
Infectious Disease, Genetic Testing, Neurological Disease, Cardiovascular Disease)
And Segment Forecasts to 2020 ( http://www.grandviewresearch.com/industry-
analysis/molecular-diagnostics-market )
The global market for molecular diagnostics is expected to reach USD 8,020.1 million by
2020, according to a new study by Grand View Research, Inc. Growing demand for
personalized medicine and theranostics, and the subsequent introduction of advanced
cancer diagnostic technologies are expected to be key factors driving market growth over
the next six years.
Commercial Seeds (Conventional, Biotechnology) Market Analysis By Product
(Soybean, Corn, Cotton, Rice) And Segment Forecasts To 2020 (
http://www.grandviewresearch.com/industry-analysis/commercial-seeds-market )
The global market for commercial seeds is expected to reach USD 72.09 billion by 2020,
according to a new study by Grand View Research, Inc. Growing population coupled
with reduction in arable land is expected to boost the demand for GM/bioseeds which are
superior to conventional seeds in terms of disease resistance and yield. However, in spite
of the advantages offered by GM seeds, the market faces considerable restraint in the
form of government regulations in certain countries against the use of GM seeds
Corn/maize was the largest consumed commercial seed, accounting for USD 20.07
billion of revenue in 2013.
About Grand View Research
Grand View Research, Inc. is a market research and consulting company that provides
off-the-shelf, customized research reports and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals, materials
and energy. With a deep-seated understanding of varied business environments, Grand
View Research provides strategic objective insights. For more information, visit
http://www.grandviewresearch.com
Contact:
Sherry James, Corporate Sales Specialist
Grand View Research, Inc
San Francisco, California, USA
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
sales@grandviewresearch.com
http://www.grandviewresearch.com

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Worldwide Acrylic Acid Market is Expected to Grow at a CAGR of 5.4% from 2014 to 2020: Grand View Research, Inc

  • 1. Worldwide Acrylic Acid Market is Expected to Grow at a CAGR of 5.4% from 2014 to 2020: Grand View Research, Inc GrandViewResearch.com has announced the addition of "Global Acrylic Acid Market Analysis And Segment Forecasts To 2020" Market Research report to their Database. San Francisco, CA, June 05, 2014 -- The global market for acrylic acid is expected to reach USD 22.78 billion by 2020, according to a new study by Grand View Research, Inc. Increasing adoption of super absorbent polymers in emerging economies such as India, China and Brazil is expected to be a key driver for the market over the forecast period. In addition, the growing demand for high strength materials with superior thermal resistance from the surface coating market is expected to boost demand for acrylic acid over the next six years. Volatile raw material prices and strict regulatory scenario in North America and Europe are expected to be key challenges for market participants. Consequently, companies have been working on the development of bio-based acrylic acid to overcome the above mentioned restraints. Acrylate ester was the largest product segment for the market accounting for 2,864.5 kilo tons of demand in 2013. These products are extensively used in applications such as surface coating, adhesive and sealants, textiles, printing inks and plastic additives. The report “Acrylic Acid Market Analysis By Product (Acrylate Esters, Glacial Acrylic Acid) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/acrylic-acid-market Inquiry Before Buying @ http://www.grandviewresearch.com/inquiry/366 Further key findings from the study suggest: • Global acrylic acid demand was 5,584.2 kilo tons in 2013 and is expected to reach 8,031.1 kilo tons by 2020, growing at a CAGR of 5.4% from 2014 to 2020 • Asia Pacific was the largest regional market for acrylic acid with demand exceeding 2,500.0 kilo tons in 2013. In addition, Asia Pacific is expected to witness fastest growth
  • 2. in demand at an estimated CAGR of 6.3% from 2014 to 2020, owing to the increasing demand for super absorbent polymers in personal care products and presence of large acrylic adhesive industry. • Glacial acrylic acid was the second largest acrylic acid product, with revenue exceeding USD 6.61 billion in 2013. Glacial acrylic acid is the key raw material for the manufacturing of super absorbent polymers which are expected to gain significant market over the forecast period. • The acrylic acid market is fragmented with top five companies accounting for less than 50% of the market in 2013. The key participants include Dow Chemicals, BASF, Rohm and Haas, Formosa Plastics and Arkema SA among others. Browse All Organic Chemicals Market Reports Available at Grand View Research @ http://www.grandviewresearch.com/industry/organic-chemicals-and-compounds For the purpose of this study, Grand View Research has segmented the global acrylic acid market on the basis of application, product and region: • Acrylic acid Product Outlook (Volume, Kilo tons and Revenue, USD Million, 2012 – 2020) • Acrylate esters • Butyl acrylate • 2-ethylhexyl acrylate • Methyl acrylate • Ethyl acrylate • Glacial acrylic acid • Others • Acrylic acid Regional Outlook, By Product (Volume, Kilo tons and Revenue, USD Million, 2012 – 2020) • North America • Europe • Asia Pacific
  • 3. • RoW Browse All Grand View Research Ongoing Reports @ http://www.grandviewresearch.com/ongoing-reports Latest Market Research Published By Grand View Research: Molecular Diagnostics Market Analysis By Product (Instruments, Reagents), By Technology (PCR, In Situ Hybridization, Chips & Microarrays, Mass Spectrometry, Sequencing), By Application (Oncology, Pharmacogenomics, Infectious Disease, Genetic Testing, Neurological Disease, Cardiovascular Disease) And Segment Forecasts to 2020 ( http://www.grandviewresearch.com/industry- analysis/molecular-diagnostics-market ) The global market for molecular diagnostics is expected to reach USD 8,020.1 million by 2020, according to a new study by Grand View Research, Inc. Growing demand for personalized medicine and theranostics, and the subsequent introduction of advanced cancer diagnostic technologies are expected to be key factors driving market growth over the next six years. Commercial Seeds (Conventional, Biotechnology) Market Analysis By Product (Soybean, Corn, Cotton, Rice) And Segment Forecasts To 2020 ( http://www.grandviewresearch.com/industry-analysis/commercial-seeds-market ) The global market for commercial seeds is expected to reach USD 72.09 billion by 2020, according to a new study by Grand View Research, Inc. Growing population coupled with reduction in arable land is expected to boost the demand for GM/bioseeds which are superior to conventional seeds in terms of disease resistance and yield. However, in spite of the advantages offered by GM seeds, the market faces considerable restraint in the form of government regulations in certain countries against the use of GM seeds Corn/maize was the largest consumed commercial seed, accounting for USD 20.07 billion of revenue in 2013. About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com Contact: Sherry James, Corporate Sales Specialist
  • 4. Grand View Research, Inc San Francisco, California, USA Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 sales@grandviewresearch.com http://www.grandviewresearch.com