Global Acrylic Acid and its Derivatives Market Size Forecast to 2028- Trends, Analysis and Outlook by type, Application, and Geography

Global Acrylic Acid and its Derivatives Market Size Forecast to 2028- Trends, Analysis and Outlook by type, Application, and Geography

  • May 2020 •
  • 80 pages •
  • Report ID: 5894324 •
  • Format: PDF
Key insights from the Global Acrylic Acid and its Derivatives Market-
• The Global Acrylic Acid and its Derivatives market is valued at $13 billion in 2020
• Acrylic acid derivative dominates the market
• Surface Coatings dominate the market
• Asia Pacific is the largest user of Acrylic Acid and Its Derivatives

The $13 billion Acrylic Acid and its Derivatives industry presents strong investment and growth opportunities over the near to long term outlook period. The 2020 edition of the market report presents a comprehensive analysis of the global Acrylic Acid and its Derivatives market from 2020 to 2028.The Acrylic Acid and its Derivatives market research report presents detailed Acrylic Acid and its Derivatives market analysis, and forecasts to 2028. Detailed insights into global and regional Acrylic Acid and its Derivatives market statistics, Acrylic Acid and its Derivatives companies and growth prospects across verticals are included.

Acrylic Acid and its Derivatives Market Overview and Developments in 2020
The report presents a snapshot of recent market trends in the Acrylic Acid and its Derivatives industry. Further, potential market drivers, major challenges, opportunities, major developments, competitive strategies, porter’s five forces analysis, and other analysis are included in the research.

Impact of COVID-19 on Global Acrylic Acid and its Derivatives market revenue
The worldwide crisis of COVID-19 is leading to calls for action from a wide range of stakeholders including manufacturers, vendors, distributors, and consumers. Decline in business for at least three months during 2020 coupled with lower demand from a few major markets has put pressure on the profitability of Acrylic Acid and its Derivatives manufacturers and vendors. However, we expect the negative impact of COVID-19 on Acrylic Acid and its Derivatives to be compensated over the medium to long term future.

Acrylic Acid and its Derivatives Market Size and Outlook by type to 2028
This chapter presents an insight into different Acrylic Acid and its Derivatives types and their contribution to global market growth. The growth in global Acrylic Acid and its Derivatives market size is forecast to continue despite the economic challenges. The report forecasts the Acrylic Acid and its Derivatives market revenue across different types, which include- Acrylic Ester, Acrylic Polymer and Others. Of these, Acrylic Ester dominates the global Acrylic Acid and its Derivatives market.

Acrylic Acid and its Derivatives Market Share and Outlook by End-User Industry to 2028
The research suggests that there is a strong case for the development of new applications of Acrylic Acid and its Derivatives worldwide. Different application segments analyzed in the report are Surface Coatings, Adhesives & Sealants, Plastic Additives, Detergents, Textiles and Other Applications. The study identifies that Surface Coatings application has the most substantial value-creation potential.

Global Acrylic Acid and its Derivatives Company Profiles
The report presents business profiles of major companies operating in the industry including Arkema S.A., BASF SE, Evonik Industries AG, Mitsubishi Chemical Holdings Corporation, Nippon Shokubai Co., Ltd, The Dow Chemical Company, Mitsubishi Chemical Holdings Corp.

The business overview, SWOT profile and product information are provided for all the companies.
The report identifies that the development of new applications and product portfolio is one of the key strategies to overcome identified challenges and for supporting continued growth. Manufacturing companies can also benefit from rising domestic demand in chemical end-use sectors. The majority of the companies are realigning their strategies to orient their business operations to changing market volatility, regulatory policy changes, geopolitical issues, changing end-user preferences, and others.

Sources and Methodology
The data and analysis presented in this report are sourced from a wide range of sources such as associations, manufacturers, suppliers, distributors, consumer companies, and government sources.

Scope of the research
• Global and regional Acrylic Acid and its Derivatives Market Size estimates in revenue terms from 2019 to 2028
• Segmentation analysis across types, applications, and geographies
• Strategic analysis through trends, drivers, challenges, opportunities, porter’s five forces analysis
• Market Developments including M&A, new product development, and competitive analysis
• Potential strategies of leading companies