Global Acrylic Acid and Esters Market Insights and Forecast to 2028

The global Acrylic Acid and Esters market size is estimated to be worth US$ 10570 million in 2022 and is forecast to a readjusted size of US$ 12400 million by 2028 with a CAGR of 2.7% during the review period. Acrylic acid is an organic compound with the formula CH2=CHCO2H. It is the simplest unsaturated carboxylic acid, consisting of a vinyl group connected directly to a carboxylic acid terminus. This colorless liquid has a characteristic acrid or tart smell. It is miscible with water, alcohols, ethers, and chloroform.

The global well-known brands in Acrylic Acid and Esters include BASF(16.84%), DOW(12.23%), Nippon Shokubai(8.47%), Akema(6.74%), Formosa(5.23%), LG Chem(5.70%), Mitsubishi Chem(2.79%), Toagosei(0.86%), Sasol(0.67%), Hexion(0.69%), Idemitsu Kosan(0.61%), HUAYI(2.60%), Satellite(7.13%), Basf-YP(3.38%), Sanmu Group(1.73%), Shandong Kaitai(1.28%), CNOOC(1.45%), ChemChina(1.02%), CNPC(1.26%) and Others(19.32%).

The application area of Acrylic Acid and Esters include Coatings Industry, Textile, Oil Exploitation, Pharmacy Industry and Others. In terms of types, Acrylic Acid and Esters can be divided into Acrylic Acid and Acrylate Esters.

On basis of geography, Acrylic Acid and Esters are manufactured in North America, Europe, China, Taiwan(China), Southeast Asia, South America, Japan, Korea and South Africa.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Acrylic Acid and Esters Market Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Acrylic Acid and Esters Market by Type

• Acrylic Acid
• Acrylate Esters

Acrylic Acid and Esters Market by Application

• Coatings Industry
• Textile
• Oil Exploitation
• Pharmacy Industry
• Others

Acrylic Acid and Esters Market by Company

• BASF
• DOW
• Nippon Shokubai
• Akema
• Formosa
• LG Chem
• Mitsubishi Chem
• Toagosei
• Sasol
• Hexion
• Idemitsu Kosan
• HUAYI
• Satellite
• Basf-YPC
• Sanmu Group
• Shandong Kaitai
• CNOOC
• ChemChina
• CNPC

Production by Region

• North America
• Europe
• China
• Japan
• South Africa
• Southeast Asia
• South Korea

Consumption by Region

• North America
• U.S.
• Canada
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE