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The rising demand for acrylic acids and esters in the production of chemical intermediates is expected to drive the market's expansion over the forecast period. The production of acrylate esters, which have uses in the adhesive, detergent, coatings, and plastics sectors, is largely supported by acrylic acid.
The purpose of this research is to detail the potential of the market in each geographical location and within each market segment individually, providing vendors with a map of where the best opportunities lie. In order to put a value on the potential, it was crucial to have a firm grasp of the current state of the market and its expected trajectory of development. In order to predict the market, researchers are closely comparing production and consumption habits. Additionally, scenario-based analysis, market segment growth, and the expansion of adjacent markets are taken into account when making predictions about the overall market.
The market size was estimated using both a top-down and bottom-up strategy, and the results were verified by in-depth interviews with market participants. Market characteristics such as segment aggregation, segment contribution, Commodity Chemicals' role in Diversified Materials, and vendor share informed our derivation of Commodity Chemicals. Factors such as drivers, trends, constraints, and opportunities, as well as the impact of these factors on market growth, were discovered and studied. We have evaluated the market's growth from year to year to get a better grasp on its dynamics. We also examined growth rates over time to spot trends.
Acrylic acid manufacturing costs can be affected by the fluctuating cost of crude oil, which could have a negative impact on industry profitability and thus market pricing trends. If this substance is not properly processed, it could contaminate groundwater, which would have devastating implications on human health. However, developments in bio acrylic acid production technology could help the sector expand. The size of the European market, led by the United Kingdom, Spain, Italy, France, and Germany, is expected to expand by the year 2025. Coatings are made with ingredients like ethyl acrylate and butyl acrylate, which are resistant to the elements. Demand for coatings to protect against corrosion is expected to increase, which will be good for business.
By the end of 2025, the Asia-Pacific market for acrylic acids & esters, which is now driven by South Korea, Japan, India, and China, is expected to have expanded significantly. The polymers in the items are utilized to create plastics because of their malleability and durability. The plastics industry will thrive in the region due to the rising need for packaging materials.
We are evaluating the most important Acrylic Acids & Esters Market suppliers in order to get a feel for the industry's competitive landscape. We're analyzing the revenue, costs, resources, product portfolio, region coverage, market share, important initiatives, product releases, and news in the Acrylic Acids & Esters Market to get a sense of the competitive landscape. A thorough Porter's Five Forces analysis is also being conducted to verify our hypotheses and conclusions regarding the market ecosystem. There are a number of governing parameters that can be used to assess the impact of competitive rivalry, supplier power, buyer power, the threat of substitution, and the threat of new entry.
Report Coverage
Global Acrylic Acids & Esters research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Acrylic Acids & Esters report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Acrylic Acids & Esters competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Acrylic Acids & Esters market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Acrylic Acids & Esters market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Acrylic Acids & Esters market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF, DOW, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, Jurong Chem, HUAYI, Satellite, Basf-YPC, Sanmu Group, Kaitai Petr, CNOOC, ChemChina, CNPC.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Acrylic Acids & Esters market based on the below-mentioned segments:
Global Acrylic Acids & Esters Market, By Type
Acrylic Acid
Acrylic Ester
Global Acrylic Acids & Esters market, By Application
Automotive
Coating
Chemical
Adhesives & Sealants
Water Treatment
Textiles
Personal Care
Plastics Additives
Others
Global Acrylic Acids & Esters Market, By Production Process
Catalytic Oxidation
Substrate Selective Oxidation
Others
Global Acrylic Acids & Esters market, Regional Analysis
The purpose of this research is to detail the potential of the market in each geographical location and within each market segment individually, providing vendors with a map of where the best opportunities lie. In order to put a value on the potential, it was crucial to have a firm grasp of the current state of the market and its expected trajectory of development. In order to predict the market, researchers are closely comparing production and consumption habits. Additionally, scenario-based analysis, market segment growth, and the expansion of adjacent markets are taken into account when making predictions about the overall market.
The market size was estimated using both a top-down and bottom-up strategy, and the results were verified by in-depth interviews with market participants. Market characteristics such as segment aggregation, segment contribution, Commodity Chemicals' role in Diversified Materials, and vendor share informed our derivation of Commodity Chemicals. Factors such as drivers, trends, constraints, and opportunities, as well as the impact of these factors on market growth, were discovered and studied. We have evaluated the market's growth from year to year to get a better grasp on its dynamics. We also examined growth rates over time to spot trends.
Acrylic acid manufacturing costs can be affected by the fluctuating cost of crude oil, which could have a negative impact on industry profitability and thus market pricing trends. If this substance is not properly processed, it could contaminate groundwater, which would have devastating implications on human health. However, developments in bio acrylic acid production technology could help the sector expand. The size of the European market, led by the United Kingdom, Spain, Italy, France, and Germany, is expected to expand by the year 2025. Coatings are made with ingredients like ethyl acrylate and butyl acrylate, which are resistant to the elements. Demand for coatings to protect against corrosion is expected to increase, which will be good for business.
By the end of 2025, the Asia-Pacific market for acrylic acids & esters, which is now driven by South Korea, Japan, India, and China, is expected to have expanded significantly. The polymers in the items are utilized to create plastics because of their malleability and durability. The plastics industry will thrive in the region due to the rising need for packaging materials.
We are evaluating the most important Acrylic Acids & Esters Market suppliers in order to get a feel for the industry's competitive landscape. We're analyzing the revenue, costs, resources, product portfolio, region coverage, market share, important initiatives, product releases, and news in the Acrylic Acids & Esters Market to get a sense of the competitive landscape. A thorough Porter's Five Forces analysis is also being conducted to verify our hypotheses and conclusions regarding the market ecosystem. There are a number of governing parameters that can be used to assess the impact of competitive rivalry, supplier power, buyer power, the threat of substitution, and the threat of new entry.
Report Coverage
Global Acrylic Acids & Esters research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Acrylic Acids & Esters report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Acrylic Acids & Esters competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Acrylic Acids & Esters market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | BASF, DOW, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, Jurong Chem, HUAYI, Satellite, Basf-YPC, Sanmu Group, Kaitai Petr, CNOOC, ChemChina, CNPC. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Acrylic Acids & Esters Market from 2021 to 2030.
- Market Forecast for Acrylic Acids & Esters Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Acrylic Acids & Esters competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Acrylic Acids & Esters
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Acrylic Acids & Esters market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Acrylic Acids & Esters market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
BASF, DOW, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, Jurong Chem, HUAYI, Satellite, Basf-YPC, Sanmu Group, Kaitai Petr, CNOOC, ChemChina, CNPC.
Primary Target Market
- Market Players of Acrylic Acids & Esters
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Acrylic Acids & Esters market based on the below-mentioned segments:
Global Acrylic Acids & Esters Market, By Type
Acrylic Acid
Acrylic Ester
Global Acrylic Acids & Esters market, By Application
Automotive
Coating
Chemical
Adhesives & Sealants
Water Treatment
Textiles
Personal Care
Plastics Additives
Others
Global Acrylic Acids & Esters Market, By Production Process
Catalytic Oxidation
Substrate Selective Oxidation
Others
Global Acrylic Acids & Esters market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive acrylic acids esters market market research and competitor analysis for your business to help you develop more profound insights into the acrylic acids esters market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the acrylic acids esters market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.