LONDON--(BUSINESS WIRE)--The global polyacrylic acid market is expected to post a CAGR of close to 5% over the period 2018-2022, according to the latest market research report by Technavio.
A key factor driving the market’s growth is the superior properties of a polyacrylic acid. Polyacrylic acid exhibits excellent properties due to which it is extensively used in applications such as wastewater treatment, detergent and cleaners, paints and coatings, and SAPS.
This market research report on the global polyacrylic acid market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio predicts an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights stringent government regulations on the treatment of water effluents as one of the key emerging trends in the global healthcare contract research and manufacturing outsourcing market:
Global polyacrylic acid market: Stringent government regulations on the treatment of water effluents
Wastewater treatment is the leading application segment of the global polyacrylic acid market, and it is expected to witness a high growth momentum during the forecast period. The US Environmental Protection Agency (EPA) has implemented guidelines and regulations on the proper treatment of sewage water and wastewater effluents.
“Wastewater effluents that are not treated over a period can cause health ailments and diseases. Polyacrylic acid is readily soluble in water and it is emerging as an important substance which is used in the treatment of water effluents. Therefore, the use of polyacrylic acid is expected to increase significantly over the forecast period to protect drinking water from toxicity,” says a senior analyst at Technavio.
Global polyacrylic acid market: Segmentation analysis
This market research report segments the global polyacrylic acid market by application (wastewater treatment, detergents and cleaners, paints, coatings and inks, SAPs and others) and key regions (the Americas, APAC, and EMEA).
APAC held the highest share of the global polyacrylic acid market in 2017, accounting for a market share of around 44%, followed by EMEA and the Americas. The market share of APAC is expected to increase by a further 1% over the forecast period, while the Americas is expected to see a corresponding decline in its market share.
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Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market sizing
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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