
An acrylic acid polymer with a high molecular weight is known as polyacrylic acid. It is created by polymerizing the acrylic ester of acrylonitrile and then subjecting the resulting substance to hydrolysis. When dissolved in water, molecules of polyacrylic acid create polymers with a negative charge, known as anionic polymers. These molecules may absorb and hold onto water molecules. In addition to its widespread use in detergents and disposable diapers, it also finds widespread use as an emulsifying and thickening agent in pharmaceuticals, cosmetics, paints, and other related sectors.
Both the water solubility and the absorbability of this substance are high. It is a polymer that is made up of monomers of acrylic acid; it comes in liquid and dry forms, and it serves as an intermediate, thickener, binder, antiscalant, and dispersant in many different industries. North America, Europe, Asia-Pacific, and Central and South America have been their primary markets for their consumption in the past few years. Demand on a global scale is anticipated to be driven by the increasing revenue generated by the water and wastewater treatment, detergent, and Household, Institutional, and Industrial (HI&I) cleansers sectors in these regions throughout the projected decade.
The market was greatly affected by the current Coronavirus outbreak. Cosmetics, gels, and emulsifying agents were less in demand due to the pandemic's impact on the economy. This has had a negative impact on the global market. The agricultural industry was greatly affected by the economic slump that the epidemic brought about. The market for agricultural products has been impacted by the fall in heavy investments in products like soil super absorbents. It is anticipated that these factors will propel the market's revenue growth over the forecast period.
Manufacturers of cross-linked products for the home care market include companies like Lubrizol Corporation. Surface and floor cleansers, among other common household goods, contain these polymers. Chemicals like antiscalants and corrosion inhibitors are likely to see a rise in use due to significant developments in the treatment of industrial and municipal water in the United States. Future applications as a scale inhibitor are anticipated to be driven by the implementation of safe drinking policies and the increasing usage of cooling recirculation systems in the industrial sector.
The polyacrylic acid market has been growing at a significant pace, driven in large part by the increasing demand for ultra absorbent polymers in newborn diapers and other feminine care products. Sales of polyacrylic acid are being driven by rising consumer awareness of the need of menstrual hygiene and the wide availability of baby products. The great water solubility of polyacrylic acid makes it useful for sewage treatment as well. Hydrate formation in oil and gas pipes is also prevented. Detergents, cleansers, and pharmaceutical items, including skin care gels, make extensive use of polyacrylic acid. Its hyper absorbant characteristics also make it useful in agriculture, where it increases production while reducing water usage. Heavy capital investments and environmental impacts, however, limit market expansion.
Several important drivers are expected to propel the polyacrylic acid market throughout the projected period. These include the rising need for super absorbent polymers and the product's expanding applications as a binder, antiscalant, dispersion, and thickener. In addition, the market for polyacrylic acid is expanding due to its increasing usage in sewage treatment, sewage plants, and wastewater effluents. Polyacrylic acid is expected to contribute to the overall growth due to its extensive use in numerous end-use sectors.
Polyacrylic acid is the subject of investigation by a plethora of environmental agencies, both public and private. For example, there are a number of restrictions that polyacrylic acid used for water treatment must adhere to, including the Clean Water Act (CWA) and the Toxic Substances Control Act (TSCA). Polyacrylic acid is also under continual surveillance by the WHO and the International Agency for Research on Cancer. The Food and Drug Administration has expanded its list of approved food additives to include sodium polyacrylate salt. Consequently, stringent restrictions in the global polyacrylic acid market are expected to impede the growth of the market over the forecast period.
Report Coverage
Global Polyacrylic Acid research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Polyacrylic Acid report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Polyacrylic Acid 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 Polyacrylic Acid market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2031 |
Base Year | 2023 |
Forecast Period | 2023-2031 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Ashland (U.S.), Arkema (France), BASF SE (Germany), Kemira (Finland_, The Lubrizol Corporation (U.S.), NIPPON SHOKUBAI CO. LTD (Japan), Dow (U.S.), Henan Qingshuiyuan Technology CO., Ltd., (China), Aurora Fine Chemicals (U.S.), Zouping Dongfang Chemical Co., Ltd. (China), ACURO ORGANICS LIMITED (U.S.), Maxwell Additives Pvt. Ltd (India), Chemtex Speciality Limited (India), Polysciences, Inc.(U.S.), PROTEX INTERNATIONAL (France), Corporate.Evonik (Germany) |
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 Polyacrylic Acid Market from 2021 to 2031.
- Market Forecast for Polyacrylic Acid Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Polyacrylic Acid competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Polyacrylic Acid
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Polyacrylic Acid market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Polyacrylic Acid 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
Ashland (U.S.), Arkema (France), BASF SE (Germany), Kemira (Finland_, The Lubrizol Corporation (U.S.), NIPPON SHOKUBAI CO. LTD (Japan), Dow (U.S.), Henan Qingshuiyuan Technology CO., Ltd., (China), Aurora Fine Chemicals (U.S.), Zouping Dongfang Chemical Co., Ltd. (China), ACURO ORGANICS LIMITED (U.S.), Maxwell Additives Pvt. Ltd (India), Chemtex Speciality Limited (India), Polysciences, Inc.(U.S.), PROTEX INTERNATIONAL (France), Corporate.Evonik (Germany)
Primary Target Market
- Market Players of Polyacrylic Acid
- 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 2031. INFINITIVE DATA EXPERT has segmented the global Polyacrylic Acid market based on the below-mentioned segments:
Global Polyacrylic Acid Market, By Type
Co-polymer
Homo-polymer
Terpolymer
Global Polyacrylic Acid market, By Application
Thickeners
Dispersing Agent
Emulsifiers
Ion-exchangers
Super Absorbent Polymer
Others
Global Polyacrylic Acid Market, By Industry Vertical
Wastewater Treatment
Personal Care
Detergents & Cleaners
Others
Global Polyacrylic Acid 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
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