PPT-Glacial Acrylic Acid Market: Global Market Insights, Inc.

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Glacial Acrylic Acid Market 2016 2023
Glacial Acrylic Acid Market Size, Industry
Outlook Report, Regional Analysis, Downstream
Potential Application Development, Competitive
Landscape Forecast, 2016 - 2023
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Global Market Scenario of Glacial Acrylic Acid

• Global glacial acrylic acid market size was
  estimated at over 2.2 million tons in 2015 and is
  likely to exceed 3.2 million tons by 2023 with
  expected gains of over 5.5.
• The market was valued at over USD 4.5 billion in
  2014 and is likely to worth more than USD 10
  billion by 2023 growing at an estimated CAGR of
  9.5 up to 2023.
• Glacial acrylic acid (GAA) is widely used for
  (SAP) super absorbent polymer market production
  where its end-uses comprises majorly in
  manufacturing diapers, adult incontinence
  products and female hygiene products.
• Diaper application was the largest GAA consuming
  segment in 2015 and accounted for more than 50
  of the total volume and is likely to witness
  significant growth rates. Adult incontinence and
  female hygiene product accounted for more than 5
  and 2 of the total demand in 2014.

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• Increase in demand for super absorbent polymers
  (SAP) is likely to drive glacial acrylic acid
  market. SAPs are widely used baby diaper
  applications and healthy growth rate in this
  segment is likely to be supported by emerging
  regions of Asia Pacific and Latin America.
• Increasing hygiene awareness among consumers
  coupled with ageing population, particularly in
  Japan is likely to drive demand for applications
  such as female hygiene and adult incontinence
  products.
• It is used in the manufacturing of homo, co and
  tertiary polymers used as sequestrant in numerous
  applications. Detergent application accounted for
  approximately 8 of the total volume in 2015
  whereas coatings and specialty esters
  applications comprised of more than 7 each in
  the same year. It is also used as an anti-scaling
  agent in water treatment market accounting for
  approximately 3 of the total volume in 2014.
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360 Analysis

• Application Analysis
• Increasing hygiene awareness among consumers
  coupled with ageing population, particularly in
  Japan is likely to drive demand for applications
  such as female hygiene and adult incontinence
  products.
• It is used in the manufacturing of homo, co and
  tertiary polymers used as sequestrant in numerous
  applications. Detergent application accounted for
  approximately 8 of the total volume in 2015
  whereas coatings and specialty esters
  applications comprised of more than 7 each in
  the same year.
• Regional Analysis
• Asia Pacific acrylic acid market has been the
  largest consuming region over the past few years
  with China dominating the regional demand. China
  is also likely to witness rise in glacial acrylic
  acid production capacity to meet the end-user
  industry demand. India, South Korea, Indonesia
  and Thailand are also likely to witness an
  increase in demand. Population expansion coupled
  with an increase in spending capacity is likely
  to favor regional demand.
• Competitive Market Share
• The global glacial acrylic acid market share is
  fragmented wit top four companies catering to
  more than 45 of the total demand. Major
  companies operating in this market include BASG,
  Dow Chemical, Arkema, LG Chemical and Nippon
  Shokubai. Other prominent companies include
  Formosa Plastics, Sinopec, Idemitsu
  Petrochemical, Shanghai Huayi, Singapore
  Acrylics, Stohaas and Shenyang Chemical.

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