Acrylic acid is a colorless organic
compound derived by the oxidation of propylene. It is the simplest carboxylic
acid that exists in a polymerized form and has a pungent odor and corrosive
properties. The growing demand for materials with high tensile strength and
thermal resistance from the surface coatings industry has triggered the demand
for acrylic acid across the world. In 2011, surface coatings market was the
largest outlet for acrylic acid, which accounted for approximately half of the
total acrylic acid consumed globally. This report analyzes, estimates and
forecasts the global acrylic acid demand in terms of volume (kilo tons) and
revenue (USD million) from 2010 to 2018. The report analyzes various factors
driving and restraining global demand along with analyzing the impact of these
factors over the forecast period.
To
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The study provides a comprehensive
view of the acrylic acid industry, by segmenting and analyzing key acrylic acid
products, namely acrylate esters, glacial acrylic acid, others such as ammonium
poly acrylate and cyanopoly acrylate. Each of these segments have been analyzed
and market data provided for the period from 2010 to 2018, both in terms of
volume (kilo tons) and revenue (USD million). The demand for each acrylic acid
product mentioned above is analyzed on the basis of application and geography
(North America, Europe, Asia Pacific and Rest of the World). The report
analyzes these acrylic acid products in terms of their potential of becoming an
attractive market by using the market attractiveness analysis tool.
A value chain analysis is provided,
for better understanding of the supply chain of acrylic acid, from the raw
material manufacturer to the end user. The report also analyzes the market
using Porter’s five forces analysis.
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