LONDON, Feb. 25, 2015 /PRNewswire/ -- Acrylic acid & its derivatives are widely used in surface coatings, adhesives & sealants, plastic additives, detergents, textiles, diapers & training pants, adult incontinence & other personal care products, water treatment, mineral processing, specialty acrylates, and other applications. In 2013, the acrylic acid & its derivatives had a total demand of 5,325 KT globally.
The Asia-Pacific region is the largest market of acrylic acid & its derivatives products, accounting for more than 40% of the global demand. There is a lot of scope in Asia-Pacific and the North American market, with the growing number of end-use applications of super absorbent polymers (SAP) and the commercialization of the production of bio-based acrylic acid. Among the derivatives of acrylic acid, acrylic esters led in the global quantity consumed. In 2013, more than 3,000 KT of acrylic esters were consumed globally.
The regional segments include Asia-Pacific, Europe, North America and Rest of the World. The derivative type segments include acrylic esters, acrylic polymers and other derivatives. The application segments include major applications of acrylic acid derivatives. The various derivative types and their applications covered in the report are;
A) Acrylic Esters
1) Methyl Acrylate
2) Ethyl Acrylate
3) Butyl Acrylate
4) 2-Ethylhexyl Acrylate
• Surface Coatings
• Adhesives & Sealants
• Plastic Additives
B) Acrylic Polymers and Other Derivatives
1) Acrylic Elastomers
2) Superabsorbent Polymers
3) Water Treatment Polymers
4) Ammonium Polyacrylate
• Diapers & Training Pants
• Adult Incontinence & Other Personal Care Products
• Water Treatment (dispersants, anti-scalants, thickeners)
• Others (mineral processing, detergent co-builders, specialty acrylates, and other applications)
The market is derived by studying acrylic acid & its derivatives consumption trends and its use in various applications in different regions. The price trends of these chemicals have been analyzed from annual reports of major players.
This study on acrylic acid & its derivatives market estimates its global demand and market in terms of value for 2014 and projects the estimated demand and market in terms of value of the same by 2019. As a part of the quantitative analysis, the study segments the global market by types at country level with current market estimation and forecast till 2019. The countries covered in the report are the U.S., China, Japan, India, South Korea, Germany, France, Belgium and The Netherlands. South America, Africa and Middle East are collectively considered in Rest of the World.
As a part of qualitative analysis, the research provides report with a comprehensive review of key market drivers, restraints, opportunities, winning imperatives, and key issues in the market.
The report also includes company profiling and competitive strategies adopted by various market players including, Arkema SA (France), BASF SE (Germany), Evonik Industries (Germany), LG Chem Ltd. (South Korea), Momentive Specialty Chemicals Inc. (U.S.), Mitsubishi Chemical Holdings Corporation (Japan), OJSC Sibur Holding (Russia), Sasol Ltd. (South Africa), Nippon Shokubai Co. Limited (Japan), The Dow Chemical Company (U.S.) are the most active and important players of the global Acrylic acid & its derivatives industry.
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