Global Acrylic Acid Market to 2022 Size,Share,analysis,Trends and Forecast,by Credence Research
Asia Pacific is the largest and the fastest growing market for acrylic acid. In 2014, it accounts for more than 40% share of the market pie in terms of revenue as well as volume. China is one of the major market in Asia Pacific. It is not only one of the major consumers but also producer. Strong baby diaper demand supported by increasing standard of living is one the major factor driving the market growth.
Asia Pacific is the largest and the fastest growing market for acrylic acid. In 2014, it accounts for more than 40% share of the market pie in terms of revenue as well as volume. China is one of the major market in Asia Pacific. It is not only one of the major consumers but also producer. Strong baby diaper demand supported by increasing standard of living is one the major factor driving the market growth.
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<strong>Global</strong> <strong>Acrylic</strong> <strong>Acid</strong> <strong>Market</strong> – Developing Countries Will<br />
Be A Key Driver For Future Superabsorbent Polymers<br />
Dem<strong>and</strong> – <strong>Credence</strong> <strong>Research</strong><br />
Report Description:<br />
Asia Pacific is the largest <strong>and</strong> the fastest growing market for acrylic acid. In 2014, it accounts for<br />
more than 40% share of the market pie in terms of revenue as well as volume. China is one of<br />
the major market in Asia Pacific. It is not only one of the major consumers but also producer.<br />
Strong ba<strong>by</strong> diaper dem<strong>and</strong> supported <strong>by</strong> increasing st<strong>and</strong>ard of living is one the major fac<strong>to</strong>r<br />
driving the market growth.<br />
Browse Full Report At http://www.credenceresearch.com/report/acrylic-acid-market<br />
On the other h<strong>and</strong> adult diaper sec<strong>to</strong>r is the main driver in the developed countries such as the<br />
Western Europe, U.S. <strong>and</strong> Japan. <strong>Market</strong> dem<strong>and</strong> of global acrylic acid will be concentrated in<br />
Asia, predominantly in China <strong>and</strong> North East Asia.<br />
In 2014, Asia Pacific was followed <strong>by</strong> North America <strong>and</strong> Europe. In North America, the U.S. is<br />
the largest market in terms of volume <strong>and</strong> revenue. In North America <strong>and</strong> Europe, rapid growth<br />
of SAP market is projected <strong>to</strong> trigger dem<strong>and</strong> for acrylic acid. Consequently, manufacturers are<br />
projected <strong>to</strong> shift their focus on development of bio-based acrylic acid, which is expected <strong>to</strong><br />
open new growth opportunities for acrylic acid market. Supply of propylene (the main<br />
feeds<strong>to</strong>ck for petroleum-based acrylic acid) is currently very tight. <strong>Acrylic</strong> acid capacity in the<br />
western markets is also constrained as there has not been a single new capacity added in this<br />
region during the past few years.<br />
Browse All Reports Of This Category: http://www.credenceresearch.com/industry/chemicalsmarket<br />
Dem<strong>and</strong> for acrylic acid from mature regions such as Western Europe <strong>and</strong> North America will<br />
be limited <strong>by</strong> weak domestic consumption. On the other h<strong>and</strong> developing economies such as<br />
Latin America, Middle East, Eastern Europe, <strong>and</strong> South East Asia will provide strong growth<br />
from a small base. Bayer AG, BASF SE, Evonik Industries AG, The Dow Chemical Co, Arkema,<br />
Nippon Shokubai Co. Ltd, LG Chem Ltd, <strong>and</strong> Wanhua Chemical Group among others are some of<br />
the major players of this market.<br />
<strong>Acrylic</strong> <strong>Acid</strong> <strong>Market</strong> – Developing Countries Will Be A Key Driver For Future Superabsorbent<br />
Polymers (Sap) Dem<strong>and</strong> – <strong>Credence</strong> <strong>Research</strong> reviewed on April 5, 2016 <strong>by</strong> Anuradha Shukla<br />
rated 5.0 of 5<br />
http://www.credenceresearch.com/report/acrylic-acid-market
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