Acrylic Acid Market – What Factors will drive the Market in Upcoming Years and How it is Going to Impact on Global Industry?
In 2014, the global market for acrylic acid Market was valued USD 9.50 billion and is projected to reach USD 15.43 billion by 2022 growing at a CAGR of 6.8% from 2015 to 2022. In terms of volume in 2014 the global market for acrylic acid was 5.00 million tons and is projected to reach 7.10 million tons by 2022 growing at a CAGR of 5.0% from 2015 to 2022.
Credence Research, the leading business intelligence provider, has published its latest research, „Acrylic Acid Market 2026„, which gives insights into Autoinjectors in the Global market. The report determines the market size for 2018, along with forecasts until 2026. It is built using data and information sourced from exclusive databases, primary and secondary research, and in-house analysis carried out by Credence Research’s team of industry experts.
Browse Here For Full Report With TOC: https://www.credenceresearch.com/report/acrylic-acid-market
Market Insight:
Rising demand of acrylic acid from wide range of end user applications such as construction, automotive and packaging sectors is one of the major factors driving the market growth. Untapped economies such as Middle East, North East Asia, Eastern Europe and Latin America offers huge growth potential. Environmental concerns and health hazards associated with acrylic acid is one of the major factor inhibiting the market growth. However, commercial production of bio based acrylic acid is one of the most promising factor which will drive growth over the coming years.
The demand for acrylates is the highest from various end use applications. Acrylates is widely used in surface coating applications and is projected to grow at a CAGR of 6.8% from 2015 to 2022 in terms of revenue. Superabsorbent Polymers (SAP’s) are projected to be the fastest growing segment. It is projected to grow at a CAGR of 5.3% from 2015 to 2022 in terms of volume. Disposable baby diaper is the largest sector of SAP. However, the demand growth is limited to developing economies, while the most developed regions have reached maturity.
In 2014, Asia Pacific is the largest as well as fastest growing market. It is projected to grow at a CAGR of 5.3% from 2015 to 2022 in terms of volume. High demand for baby diapers and ageing populations is one of the major factor driving the market growth in this region. China is one of the major consumer as well producer of acrylic acid. Asia Pacific was followed by North America and Europe in 2014.
Some of the major players present in this market are BASF SE, Evonik Industries, Sasol Ltd, The DOW Chemical Company, Nippon Shokubai Co. Ltd, and Arkema SA among others.
This research report gives worldwide Autoinjectors volume forecast and recent quarter review of major Autoinjectors vendor performance. The report includes major vendors‘ volume, growth trends, revenue and revenue growth trends, operating profit margin and ASP, along with analyst insights.
Scope
- The report presents the brief overview of Autoinjectors Market including business description, key information and facts, and its locations and subsidiaries
- The report features product description and descriptive mechanism of action for key products along with the products developmental history and major milestones
- Special feature on out-licensed and partnered product portfolio
- The report summarizes all the dormant and discontinued projects
Latest company statement
- Latest news and deals relating to the Autoinjectors products
Research methodology
The following research methods were used in this report:
- Desk study
- A questionnaire survey among specialty retail chains
- Analyzing statistical data released by the Federal Customs Service
- Desk study sources include materials taken from print and online media conference materials.
Reasons to Buy
- The report provides information about technology solutions needed for the implementation of Autoinjectors projects, and allows readers to make effective business decisions
- The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through Autoinjectors solutions
The report highlights projected investment on Autoinjectors over the next two years. This will help
- organizations to allocate budget towards Autoinjectors implementation and business expansion
- The report helps executives plan their adoption of Autoinjectors by providing expected timeframes for implementation
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