Acrylic Acid Market Report 2016 - Global Forecasts to 2020 for the $13 Billion Industry

Dublin, March 31, 2016 -- Research and Markets has announced the addition of the "Acrylic Acid Market by Derivative by Applications & Region - Global Forecast to 2020" report to their offering.

Diapers and surface coatings are the largest applications of acrylic acid

The drivers of the industry are identified as rising demand for acrylic acid derivatives in the emerging markets, and high demand from end-use industries, of acrylic acid. Increasing demands from end-use applications and newer applications due to extensive R&D are the major driving force for strategic expansions. The acrylic acid market is expected to witness a steady growth over the forecast period as economies around world accelerate. The market for acrylates and SAP is rapidly expanding with increasing demand from existing and emerging end-use applications.

Growing popularity of SAP and increasing use of commodity acrylates in various applications play a significant role in driving the market. The property of SAP to absorb and retain water makes it a material of choice in baby and adult diapers. Mature markets for acrylic acid that include North America and Europe have increasing number of adult population, driving the adult diapers market in the regions.

Japan also has a large number adult population for which the country remains a major consumer of SAP for the making diapers. The acrylic acid industry is seeing high growth in Asia-Pacific, with increasing consumption of acrylic derivatives in surface coatings, adhesives & sealants, and diapers. Water-borne coatings are made using acrylics as binders. The shift toward water-borne coatings from solvent-based coatings is the significantly driving the acrylic acid market in surface coatings globally.

Rising demand in Asia-Pacific is the major growth driver for the acrylic acid market

In 2014, Asia-Pacific was the largest market for acrylic acid. The region is projected to register the highest growth rate, both in terms of value and volume, owing to high demand from emerging countries of the region. China is the largest market for acrylic acid globally with high demand.

The key companies profiled in this market research report are Arkema (France), BASF SE (Germany), Evonik Industries (Germany), Nippon Shokubai Co. Ltd. (Japan), The Dow Chemical Company (U.S.), LG Chem Ltd. (South Korea), Hexion Inc. (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), PJSC Sibur Holding (Russia), and Sasol Limited (South Africa).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Acrylic Acid Market, By Derivative

8 Acrylic Acid Market, By Application

9 Acrylic Acid Market, By Region

10 Competitive Landscape

11 Company Profiles

12 Appendix

For more information visit http://www.researchandmarkets.com/research/clwzgc/acrylic_acid

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