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Acrylic Acid Market Forecast (2025-2032): Industry Size, Market Share Data, Business Insights, Latest Trends, Opportunities, Competitive Analysis and Demand Outlook Report

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    Report

  • 148 Pages
  • October 2024
  • Region: Global
  • OG Analysis
  • ID: 4834265
UP TO OFF until Dec 31st 2024

A Versatile Building Block for Growth, Fueling Innovation in Coatings, Polymers, and More

The acrylic acid market is experiencing a dynamic period of growth, driven by its versatility as a key ingredient in a wide array of industries. Acrylic acid, a colorless liquid with a pungent odor, is a crucial building block for the production of numerous polymers, resins, and other essential materials, contributing to a wide range of applications, from coatings and adhesives to pharmaceuticals and textiles. 2024 has seen a notable increase in demand for acrylic acid, fueled by the expansion of key end-use sectors, particularly the construction, automotive, and consumer goods industries. The ongoing development of new and innovative acrylate-based materials is further contributing to the market's growth. Looking ahead, the acrylic acid market is poised for continued expansion in 2025 and beyond, driven by the increasing demand for high-performance materials, sustainable solutions, and innovative applications.

Market Overview

Acrylic acid, a versatile organic acid, is a foundational chemical used in the production of a wide range of polymers and derivatives. It is primarily used to produce acrylic esters, which are then used in the manufacturing of various products, including paints and coatings, adhesives, sealants, textiles, and plastics. The acrylic acid market is experiencing a shift towards more sustainable and efficient production methods, driven by growing environmental concerns and the need to reduce dependence on fossil fuels.

The comprehensive Acrylic Acid market research report delivers essential insights into current trends that are shaping the industry, along with prescriptive analyses to capitalize on the market’s future growth opportunities. This report is an indispensable tool for decision-makers, offering a thorough understanding of the Acrylic Acid market dynamics - from raw material sourcing to end-use applications. It also addresses competitive pressures from substitutes and alternative products and enables you to formulate winning strategies.

Acrylic Acid Market Revenue, Prospective Segments, Potential Countries, Data and Forecast

The research estimates global Acrylic Acid market revenues in 2024, considering the Acrylic Acid market prices, Acrylic Acid production, supply, demand, and Acrylic Acid trade and logistics across regions. Detailed market share statistics, penetration, and shifts in demand for different types, applications, and geographies in the Acrylic Acid market from 2023 to 2032 are included in the thorough research.

The report covers North America, Europe, Asia Pacific, Middle East, Africa, and LATAM/South and Central America Acrylic Acid market statistics, along with Acrylic Acid CAGR Market Growth Rates from 2024 to 2032 will provide a deep understanding and projection of the market. The Acrylic Acid market is further split by key product types, dominant applications, and leading end users of Acrylic Acid. The future of the Acrylic Acid market in 27 key countries around the world is elaborated to enable an in-depth geographical understanding of the Acrylic Acid industry.

The research considered 2019, 2020, 2021, and 2022 as historical years, 2023 as the base year, and 2024 as the estimated year, with an outlook to 2032. The report identifies the most prospective type of Acrylic Acid market, leading products, and dominant end uses of the Acrylic Acid Market in each region.

Acrylic Acid Market Structure, Competitive Intelligence and Key Winning Strategies

Competitive Landscape

The acrylic acid market is dominated by a handful of large multinational corporations that operate on a global scale. Key players are focused on strategic partnerships, acquisitions, and investments in research and development to maintain a competitive edge. The market is also seeing the emergence of smaller, specialized companies that are developing innovative and sustainable production methods.

Acrylic Acid Market Dynamics and Future Analytics

The research analyses the Acrylic Acid parent market, derived market, intermediaries’ market, raw material market, and substitute market are all evaluated to better prospect the Acrylic Acid market outlook. Geopolitical analysis, demographic analysis, and Porter’s five forces analysis are prudently assessed to estimate the best Acrylic Acid market projections.

Recent deals and developments are considered for their potential impact on Acrylic Acid's future business. Other metrics analyzed include the Threat of New Entrants, Threat of New Substitutes, Product Differentiation, Degree of Competition, Number of Suppliers, Distribution Channel, Capital Needed, Entry Barriers, Govt. Regulations, Beneficial Alternative, and Cost of Substitute in Acrylic Acid market.

Acrylic Acid trade and price analysis helps comprehend Acrylic Acid's international market scenario with top exporters/suppliers and top importers/customer information. The data and analysis assist our clients in planning procurement, identifying potential vendors/clients to associate with, understanding Acrylic Acid price trends and patterns, and exploring new Acrylic Acid sales channels. The research will be updated to the latest month to include the impact of the latest developments such as the Russia-Ukraine war on the Acrylic Acid market.

Your Key Takeaways from the Acrylic Acid Market Report

  • Global Acrylic Acid market size and growth projections (CAGR), 2024-2032
  • Russia-Ukraine, Israel-Palestine, Hamas impact on the Acrylic Acid Trade, Costs and Supply-chain
  • Acrylic Acid market size, share, and outlook across 5 regions and 27 countries, 2023-2032
  • Acrylic Acid market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2023-2032
  • Short and long-term Acrylic Acid market trends, drivers, restraints, and opportunities
  • Porter’s Five Forces analysis, Technological developments in the Acrylic Acid market, Acrylic Acid supply chain analysis
  • Acrylic Acid trade analysis, Acrylic Acid market price analysis, Acrylic Acid supply/demand
  • Profiles of 5 leading companies in the industry - overview, key strategies, financials, and products
  • Latest Acrylic Acid market news and developments
The Acrylic Acid Market international scenario is well established in the report with separate chapters on North America Acrylic Acid Market, Europe Acrylic Acid Market, Asia-Pacific Acrylic Acid Market, Middle East and Africa Acrylic Acid Market, and South and Central America Acrylic Acid Markets. These sections further fragment the regional Acrylic Acid market by type, application, end-user, and country.

Regions and Countries Covered

North America Acrylic Acid market data and outlook to 2032

  • United States
  • Canada
  • Mexico

Europe Acrylic Acid market data and outlook to 2032

  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • BeNeLux
  • Russia

Asia-Pacific Acrylic Acid market data and outlook to 2032

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Vietnam

Middle East and Africa Acrylic Acid market data and outlook to 2032

  • Saudi Arabia
  • South Africa
  • Iran
  • UAE
  • Egypt

South and Central America Acrylic Acid market data and outlook to 2032

  • Brazil
  • Argentina
  • Chile
  • Peru

Who Will Benefit from this Research

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways:
  • The report provides 2024 Acrylic Acid market sales data at the global, regional, and key country levels with a detailed outlook to 2032 allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy
  • The research includes the Acrylic Acid market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
  • The Acrylic Acid market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
  • This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
  • The study assists investors in analyzing Acrylic Acid business prospects by region, key countries, and top companies' information to channel their investments

Available Customizations

The standard syndicate report is designed to serve the common interests of Acrylic Acid Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication. However, to precisely match the specific research requirements of individual clients, the analyst offers several customization options to include the data and analysis of interest in the final deliverable.

Some of the customization requests are mentioned below:

  • Segmentation of choice - Clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice
Acrylic Acid Pricing and Margins Across the Supply Chain, Acrylic Acid Price Analysis/International Trade Data/Import-Export Analysis, Supply Chain Analysis, Supply-Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Acrylic Acid market analytics
  • Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
  • Further, clients can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other
  • Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
Customization of up to 10% of the content can be done without any additional charges.


This product will be delivered within 1-3 business days.

Table of Contents

1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Global Acrylic Acid Market Review, 2024
2.1 Acrylic Acid Industry Overview
2.2 Research Methodology
3. Acrylic Acid Market Insights
3.1 Acrylic Acid Market Trends to 2032
3.2 Future Opportunities in Acrylic Acid Market
3.3 Dominant Applications of Acrylic Acid, 2024 Vs 2032
3.4 Key Types of Acrylic Acid, 2024 Vs 2032
3.5 Leading End Uses of Acrylic Acid Market, 2024 Vs 2032
3.6 High Prospect Countries for Acrylic Acid Market, 2024 Vs 2032
4. Acrylic Acid Market Trends, Drivers, and Restraints
4.1 Latest Trends and Recent Developments in Acrylic Acid Market
4.2 Key Factors Driving the Acrylic Acid Market Growth
4.2 Major Challenges to the Acrylic Acid industry, 2024-2032
4.3 Impact of Wars and geo-political tensions on Acrylic Acid supplychain
5 Five Forces Analysis for Global Acrylic Acid Market
5.1 Acrylic Acid Industry Attractiveness Index, 2024
5.2 Acrylic Acid Market Threat of New Entrants
5.3 Acrylic Acid Market Bargaining Power of Suppliers
5.4 Acrylic Acid Market Bargaining Power of Buyers
5.5 Acrylic Acid Market Intensity of Competitive Rivalry
5.6 Acrylic Acid Market Threat of Substitutes
6. Global Acrylic Acid Market Data - Industry Size, Share, and Outlook
6.1 Acrylic Acid Market Annual Sales Outlook, 2024-2032 ($ Million)
6.1 Global Acrylic Acid Market Annual Sales Outlook by Type, 2024-2032 ($ Million)
6.2 Global Acrylic Acid Market Annual Sales Outlook by Application, 2024-2032 ($ Million)
6.3 Global Acrylic Acid Market Annual Sales Outlook by End-User, 2024-2032 ($ Million)
6.4 Global Acrylic Acid Market Annual Sales Outlook by Region, 2024-2032 ($ Million)
7. Asia Pacific Acrylic Acid Industry Statistics - Market Size, Share, Competition and Outlook
7.1 Asia Pacific Market Insights, 2024
7.2 Asia Pacific Acrylic Acid Market Revenue Forecast by Type, 2024-2032 (USD Million)
7.3 Asia Pacific Acrylic Acid Market Revenue Forecast by Application, 2024-2032(USD Million)
7.4 Asia Pacific Acrylic Acid Market Revenue Forecast by End-User, 2024-2032 (USD Million)
7.5 Asia Pacific Acrylic Acid Market Revenue Forecast by Country, 2024-2032 (USD Million)
7.5.1 China Acrylic Acid Analysis and Forecast to 2032
7.5.2 Japan Acrylic Acid Analysis and Forecast to 2032
7.5.3 India Acrylic Acid Analysis and Forecast to 2032
7.5.4 South Korea Acrylic Acid Analysis and Forecast to 2032
7.5.5 Australia Acrylic Acid Analysis and Forecast to 2032
7.5.6 Indonesia Acrylic Acid Analysis and Forecast to 2032
7.5.7 Malaysia Acrylic Acid Analysis and Forecast to 2032
7.5.8 Vietnam Acrylic Acid Analysis and Forecast to 2032
7.6 Leading Companies in Asia Pacific Acrylic Acid Industry
8. Europe Acrylic Acid Market Historical Trends, Outlook, and Business Prospects
8.1 Europe Key Findings, 2024
8.2 Europe Acrylic Acid Market Size and Percentage Breakdown by Type, 2024-2032 (USD Million)
8.3 Europe Acrylic Acid Market Size and Percentage Breakdown by Application, 2024-2032 (USD Million)
8.4 Europe Acrylic Acid Market Size and Percentage Breakdown by End-User, 2024-2032 (USD Million)
8.5 Europe Acrylic Acid Market Size and Percentage Breakdown by Country, 2024-2032 (USD Million)
8.5.1 2024 Germany Acrylic Acid Market Size and Outlook to 2032
8.5.2 2024 United Kingdom Acrylic Acid Market Size and Outlook to 2032
8.5.3 2024 France Acrylic Acid Market Size and Outlook to 2032
8.5.4 2024 Italy Acrylic Acid Market Size and Outlook to 2032
8.5.5 2024 Spain Acrylic Acid Market Size and Outlook to 2032
8.5.6 2024 BeNeLux Acrylic Acid Market Size and Outlook to 2032
8.5.7 2024 Russia Acrylic Acid Market Size and Outlook to 2032
8.6 Leading Companies in Europe Acrylic Acid Industry
9. North America Acrylic Acid Market Trends, Outlook, and Growth Prospects
9.1 North America Snapshot, 2024
9.2 North America Acrylic Acid Market Analysis and Outlook by Type, 2024-2032($ Million)
9.3 North America Acrylic Acid Market Analysis and Outlook by Application, 2024-2032($ Million)
9.4 North America Acrylic Acid Market Analysis and Outlook by End-User, 2024-2032($ Million)
9.5 North America Acrylic Acid Market Analysis and Outlook by Country, 2024-2032($ Million)
9.5.1 United States Acrylic Acid Market Analysis and Outlook
9.5.2 Canada Acrylic Acid Market Analysis and Outlook
9.5.3 Mexico Acrylic Acid Market Analysis and Outlook
9.6 Leading Companies in North America Acrylic Acid Business
10. Latin America Acrylic Acid Market Drivers, Challenges, and Growth Prospects
10.1 Latin America Snapshot, 2024
10.2 Latin America Acrylic Acid Market Future by Type, 2024-2032($ Million)
10.3 Latin America Acrylic Acid Market Future by Application, 2024-2032($ Million)
10.4 Latin America Acrylic Acid Market Future by End-User, 2024-2032($ Million)
10.5 Latin America Acrylic Acid Market Future by Country, 2024-2032($ Million)
10.5.1 Brazil Acrylic Acid Market Analysis and Outlook to 2032
10.5.2 Argentina Acrylic Acid Market Analysis and Outlook to 2032
10.5.3 Chile Acrylic Acid Market Analysis and Outlook to 2032
10.6 Leading Companies in Latin America Acrylic Acid Industry
11. Middle East Africa Acrylic Acid Market Outlook and Growth Prospects
11.1 Middle East Africa Overview, 2024
11.2 Middle East Africa Acrylic Acid Market Statistics by Type, 2024-2032 (USD Million)
11.3 Middle East Africa Acrylic Acid Market Statistics by Application, 2024-2032 (USD Million)
11.4 Middle East Africa Acrylic Acid Market Statistics by End-User, 2024-2032 (USD Million)
11.5 Middle East Africa Acrylic Acid Market Statistics by Country, 2024-2032 (USD Million)
11.5.1 South Africa Acrylic Acid Market Outlook
11.5.2 Egypt Acrylic Acid Market Outlook
11.5.3 Saudi Arabia Acrylic Acid Market Outlook
11.5.4 Iran Acrylic Acid Market Outlook
11.5.5 UAE Acrylic Acid Market Outlook
11.6 Leading Companies in Middle East Africa Acrylic Acid Business
12. Acrylic Acid Market Structure and Competitive Landscape
12.1 Key Companies in Acrylic Acid Business
12.2 Acrylic Acid Key Player Benchmarking
12.3 Acrylic Acid Product Portfolio
12.4 Financial Analysis
12.5 SWOT and Financial Analysis Review
14. Latest News, Deals, and Developments in Acrylic Acid Market
14.1 Acrylic Acid trade export, import value and price analysis
15 Appendix
15.1 Publisher Expertise
15.2 Acrylic Acid Industry Report Sources and Methodology

Companies Mentioned

  • BASF
  • Dow Chemical
  • INEOS
  • LyondellBasell
  • SABIC
  • ExxonMobil
  • Shell
  • Evonik Industries
  • Mitsubishi Chemical
  • Sumitomo Chemical
  • Arkema
  • Celanese
  • Eastman Chemical
  • Momentive Performance Materials
  • Nuplex Resins
  • Allnex

Methodology

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