DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gfvbvf/global_acrylic) has announced the addition of the "Global Acrylic Acid Market (Derivatives Types, End Users and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020" report to their offering.
The global acrylic acid market was valued at $11 billion in 2013, and it is estimated to reach $18.8 billion by 2020, growing at a CAGR of 7.6% during the forecast period (from 2014 to 2020). The global consumption of acrylic acid is anticipated to reach 8,169.0 kilo tons by 2020.
The factors that are driving the growth of the market are soaring demand for superabsorbent polymers, widespread adoption of acrylic-based products in emerging economies such as Asia Pacific and growing industries such as adhesives and sealants. Stringent government regulations are imposed on the use of acrylic acid due to increasing environmental concerns in regions such as North America, Europe, etc., to protect the environment and prevent occupational exposure of acrylic acid.
Due to the potential restraints, the growth of the acrylic acid market is restricted. Producers of acrylic acid are focusing on research and development to find the bio-based roots for the production of acrylic acid. Moreover, commercialization of bio-based acrylic acid and saturated demand for PMMA resins in various industries would open doors for investors to invest in acrylic acid market; thus, creating lot of opportunities for the growth of acrylic acid market in the near future.
KEY MARKET SEGMENTS
MARKET BY DERIVATIVE TYPES
- Acrylic Esters
- Methyl Acrylate
- Ethyl Acrylate
- Butyl Acrylate
- Ethyhexyl Acrylate
- Acrylic Polymers
- Crylic Elastomers
- Super Absorbent Polymers
- Water Treatment Polymers
- Other Derivatives
- Ammonium Polyacrylate
- Cyanopolyacrylate
MARKET BY END USERS
- Diapers
- Surface Coatings Industry
- Adhesives & Sealants Industry
- Plastic Additives Industry
- Water Treatment
- Textiles
- Surfactants
- Others
Companies Mentioned
- Arkema SA
- BASF SE
- Dow Chemical Company
- Evonik Industries Ag
- LG Chem LTD.
- Momentive Specialty Chemicals
- Myriant Corporation
- SIBUR
- SunVic Chemical Holdings Limited
- The Lubrozol
For more information visit http://www.researchandmarkets.com/research/gfvbvf/global_acrylic
