Glacial Acrylic Acid Market Overview: Global Demand, Sales, Consumption and Forecasts to forecast 2029


Posted December 30, 2022 by Maximizemahesh25

Glacial Acrylic Acid Market was valued at USD 2.6 Billion in 2021, and is expected to reach USD 3.48 Billion by 2029, exhibiting a CAGR of 3.7 %
 
The research Glacial Acrylic Acid examines the Glacial Acrylic Acid Market in depth. The research also includes

information on the market's current and future prospects. This analysis examines the significant market trends and drivers, as well as their implications. The report also addresses some of the market's potential uncertain blocks, as well as emerging prospects that might give the industry new dimensions. The study divides the Glacial Acrylic Acid market into segments based on applications, types, and geographical areas.

Strategic Competitive Window:

The Competition Strategic Window examines Glacial Acrylic Acid market competitive landscape in terms of markets, applications, and geographies to assist the vendor in determining a match or alignment between their strengths and future growth potential. It describes the best or most advantageous fit for vendors to implement consecutive merger and acquisition plans of Glacial Acrylic Acid market, geographic expansion strategies, research and development strategies, and new product introduction strategies to execute future business expansion and growth over a forecast period.

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Market Share Analysis:

The Market Share Analysis examines Glacial Acrylic Acid market suppliers in terms of their contribution to the market as a whole It shows how much profit it makes in relation to other providers in the industry. It shows how providers stack up against one another in terms of revenue generation and client base. Knowing market share in the base year gives you an idea of the size and competitiveness of the suppliers. It depicts the accumulation, fragmentation, dominance, and amalgamation characteristics of the market.

Segmentation:

The market for glacial acrylic acid was dominated by the nappies sector in 2021, and over the projected period, it is anticipated to expand at a CAGR of 5.7%. Superabsorbent polymers (SAP), which are frequently used in disposable baby diapers, are created using glacial (distilled) acrylic acid. Cross-linked polyacrylates, another name for superabsorbent polymers, can hold and absorb a hundred times their own weight in liquid. More than 30% of the world's usage of acrylic acid is contained in superabsorbent polymers. Glacial acrylic acid, which has many uses in diaper goods, is available from manufacturers. Glacial acrylic acid is available from BASF PETRONAS Chemicals Sdn. Bhd. for use in disposable diapers. Furthermore, Tasnee's glacial acrylic acid is an unsaturated carboxylic acid that comes as a clear, colourless liquid with a distinctively pungent odour. It can mix with liquids like water and alcohol.

During the forecast period, the adult & feminine hygiene segment is anticipated to expand at a CAGR of 5.5% and account for a sizeable portion of the glacial acrylic acid market. Superabsorbent polymers are crucial components of the value chain for acrylic acid and are mostly used to manufacture feminine and adult hygiene products. Superabsorbent polymers are highly sought-after in adult and feminine hygiene products due to their water-absorbing properties. The increase in demand for the creation of superabsorbent polymers is the cause of the glacial acrylic acid market's explosive rise. As a result, it is anticipated that this will have a favourable impact on the market, where its end uses mostly involve the production of female hygiene and adult incontinence goods. The ageing population and increased consumer awareness of cleanliness are the main factors projected to increase demand for

Global Glacial Acrylic Acid Market Key Players Includes:

• Arkema
• BASF SE
• Sasol
• Tasnee
• Mitsubishi Chemical Corporation
• NIPPON SHOKUBAI CO., LTD.
• Formosa Plastics Corporation
• HAITUNG CHEMICALS CO.,LTD.
• BASF PETRONAS Chemicals Sdn. Bhd
• Cargill, Incorporated
• Novozymes
• Hexion Inc.
• LG Chem
• Novomer Inc
• Sanmu Group
• Shandong kaitai petrochemical Co., Ltd.

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Report provides:

Market Penetration: Provides extensive Glacial Acrylic Acid market description from the major players.
Market Development: Provides detailed information on attractive new areas as well as a market penetration analysis in existing categories.
Market Diversification: Offers in-depth coverage of new product launches, underserved areas, recent developments, and investment opportunities.
Competitive Assessment & Intelligence: Provides in-depth research of the major firms' market shares, strategy, products, certification, regulatory approvals, patent landscape, and manufacturing capacity.
Product Development & Innovation: Provides insightful information about future technological trends.
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Issued By mahesh ghavale
Country India
Categories Blogging
Tags glacial acrylic acid market , glacial acrylic acid market size , glacial acrylic acid market share
Last Updated December 30, 2022