Glacial Acrylic Acid Market Forecasts to 2028 – Global Analysis By Product Type (Glacial Acrylic Acid For Detergent Cobuilders, Glacial Acrylic Acid For Polyacrylates), Purity, Type, Sales Channels, Application and By Geography
According to Stratistics MRC, the Global Glacial Acrylic Acid Market is accounted for $2,517.06 million in 2020 and is expected to reach $3,892.28 million by 2028 growing at a CAGR of 5.6% during the forecast period. An increase in demand for GAA in the personal care industry due to its super absorbent properties and the growing use of superabsorbent polymers in diapers and hygiene products are the major factors propelling the market growth. However, the toxic nature of glacial acrylic acid is hindering market growth.
Glacial acrylic acid gives substantial upsides in a slew of acrylic and vinyl acrylic polymer-based coatings, sealants and lubricants. Glacial acrylic acid is also utilized as a feedstock for synthesis and manufacturing super absorbent polymers.
Based on the product type, the glacial acrylic acid for super absorbent polymers (SAP) segment is estimated to have a lucrative growth during the forecast period. Glacial acrylic acid is utilized in super absorbent polymers which are extensively used in disposable baby diapers. Super absorbent polymers are cross-linked polyacrylates that absorb and retain over a hundred times their weight in liquid.
By geography, North America holds the largest share in the market due to growing application in personal care & hygiene, water treatment, and chemical industries. In particular, manufacturers have upped investments in glacial acrylic acid ingredients in the wake of demand for adult incontinence products in the U.S.
Some of the key players profiled in the Glacial Acrylic Acid Market include BASF SE, Jiangsu Jurong Chemical, Cargill, BASF PETRONAS Chemicals Sdn. Bhd, CNOOC Limited, Zhejiang Satellite Petro Chemical, Idemitsu Kosan, Wanhua Chemical, Shanghai Huayi Acrylic Acid, Formosa Plastics Corporation, The Dow Chemical Company, Nippon Shokubai Co., Ltd., Novomer, Arkema, Mitsubishi Chemical Corporation, Sasol, Hexion, LG Chem, and Tasnee.
Product Types Covered:
• Glacial Acrylic Acid For Detergent Cobuilders
• Glacial Acrylic Acid For Polyacrylates
• Glacial Acrylic Acid For Super Absorbent Polymers (SAP)
• Glacial Acrylic Acid 100%
• Glacial Acrylic Acid 80%
• Crystallization Method
• Distillation Method
Sales Channels Covered:
• Distribution Channel
• Direct Channel
• Chemical Industry
• Water Treatment Industry
• Detergent Industry
• Surfactants & Coatings
• Adult & Feminine Hygiene
• Adhesives & Sealants
• Specialty Esters
• Super Absorbent Polymers in Diapers
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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