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August 2, 2013
By: KERRY PIANOFORTE
Editor, Coatings World
Transparency Market Research (TMR) has released a report on acrylic acid. 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. 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. This study includes extensive competitive landscape, starting from market share of the global acrylic acid players to company profiles of major participants operating in the global market. Key market participants profiled in this report include Akrilat, American Acryl, Arkema, BASF SE, Formosa Plastics, Rohm and Haas, Beijing Eastern-Petrochemical, Dow Chemical Company, IdemitsuPetrochemical, Jiangsu Jurong Chemical, LG Chem, Mitsubishi Chemical, Nippon Shokubai, StoHaas Monomer, etc. The market players are profiled using attributes like company overview, financial overview, business strategies and recent company developments in the field of acrylic acid.
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