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Acrylic Acid Market Analysis, By Demand, By Applications [Baby Diapers and Personal Care Products] & Forecast Analysis, 2034

Report Details
  • GMB - 029
  • 153
  • Report License Type :
  • 5000 (USD)
  • 6000(USD)
  • 7000 (USD)

Scope of Report 

The Acrylic Acid report describes the global Acrylic Acid market, with focus on the country, applications and other end-use scenarios. The study provides

Market Data & Forecast (Short-term and Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Derivative
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply-Demand Balance 
•  Acrylic Acid Market data in terms of volume and value for each end-use at regional and country level
•  Acrylic Acid Market analysis for Production, Capacity and Demand, at regional and country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook
•  Industry & Policy Developments 
•  End-use Industry / Applications Market 
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and market developments
•  Key players
•  Business Opportunity Assessment


Frequently Asked Questions

What is Acrylic Acid, and what are its primary applications?
Acrylic acid is a versatile monomer used as a building block for various polymer formulations. Its primary applications include the manufacturing of acrylic esters used in surface coatings and glacial acrylic acid used in Super Absorbent Polymers (SAP), which are commonly found in baby diapers and personal care products.
What is the current global Acrylic Acid capacity?
The global acrylic acid capacity was estimated to be more than 8500 Kiloton in 2019, which has crossed 9500 Kiloton in 2023, with the majority of capacity additions in China. Between 2019 and 2023, an average of around 200 Kiloton of acrylic acid capacity was added globally. The acrylic acid capacity is further anticipated to cross 10,000 Kiloton by 2032 driven by growth in consumption of commodity acrylates and polyacrylic acid in the long-term forecast.
What is the market of acrylic acid?
In 2023, the global Acrylic Acid Market reached a valuation of USD 13.4 billion, with a growth projected at a CAGR of 6% to cross USD 23 billion by 2036.
Who is the largest producer of acrylic acid in the world?
BASF holds a dominant position as the major producer of acrylic acid, commanding a market share of 17% and operating manufacturing facilities in the United States, Brazil, Germany, Belgium, Malaysia, and China. Nippon Shokubai follows as the second-largest producer, trailed by LG Chemicals (8%) and Dow Chemicals (8%).
What is the demand for acrylic acid in India?
India accounted for around 2% of Asia Pacific Acrylic Acid market. The Acrylic Acid demand in India is forecast to grow at a CAGR of 10.9% to reach 408.1 kilo tons between 2023-2036 from the current demand of 92 kilo tons.