Skip to main content

Posts

Showing posts with the label Acrylic Acid Market

Acrylic Acid Market Present Scenario and Growth Prospects till 2022

Increasing glacial acrylic acid (GAA) demand in superabsorbent polymers (SAP) production is expected to remain key driving factor for market growth. Growing SAP scope in niche segments including adult incontinence, water treatment chemicals and radiation cured coatings in emerging markets of Asia Pacific and Central & South America is expected to play a significant role in demand development.   The Global Acrylic Acid Market is expected to reach USD 22.55 billion by 2022, according to a new study by Grand View Research, Inc.                                        Acrylate esters were the largest product consumed with demand share estimated over 50% in 2014. Growing demand for derivatives such as ethyl acrylate, butyl acrylate and 2-EHA in paints, coatings and textiles is expected to drive the product’s growth. Glacial acrylic acid is expected to witness the highest growth of 5.7% from 2015 to 2022. Personal care products formed the largest end-use industry and accounted for 3