Bio-based Acrylic Acid Market report provide Top companies in this market with their Segment Analysis to 2023

Bio-based Acrylic Acid

Bio-based Acrylic Acid Market Report provides actionable intelligence on major factors impacting the market; analyses the market performance of key companies in the market; market dynamics of key segments within the market; outlines the market performance across regions. The insights of the industry over past years and a forecast until 2023 is provided. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The acrylic acid industry has seen significant change over the past two decades. With the closure of acetylene-based and acrylonitrile-based plants in the 1990s, the production of acrylic acid via two-stage propylene oxidation became the preferred and dominant method of production for acrylic acid producers, globally. Currently, licensors and technology holders of two-stage propylene oxidation technology are looking to improve their processes with new catalyst formulations, modifications to reactor design, and/or establishing operational best-practices through newly optimized parameters. The next decade, however, will give rise to a new wave of technologies – particularly, bio-based routes to acrylic acid.

Top keyplayers in Bio-based Acrylic Acid market :

BASF, DOW, Arkema, LG Chem, Hexion

Trend and forecast analysis: Market trend, forecast and Analysis to 2023 by segments and region.

Segmentation analysis: Global Bio-based Acrylic Acid  market size by various applications such as product, material, shape, and end use in terms of value and volume shipment.

Regional analysis: Global Bio-based Acrylic Acid  market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth opportunities: Analysis on growth opportunities in different applications and regions in the global Bio-based Acrylic Acid

 Strategic analysis:This includes new product development, and competitive landscape in the global Bio-based Acrylic Acid

This report focuses on the Bio-based Acrylic Acid in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.Currently, only Cargill is producing bio-based acrylic acid, also it is not on industrial scale production. Owing to high production costs and technical barriers, limited companies are able to produce bio-based acrylic acid. Compared with acrylic acid, bio-based acrylic acid cost is high which result that no downstream consumers willing to purchase bio-based acrylic acid. We predict that there will be no industrial scale production in following 5 years.Europe major manufacturers include BASF, DOW, Arkema, LG Chem and Hexion. In Europe, acrylic acid market concentration is high. Total sales share of those five suppliers is 95.24% in 2017. During them, BASF is market leader in Europe, whose sales amount is 644.9 K MT in 2017. Followed by BASF, Arkema is the second largest supplier in Europe.Europe major consumption regions are distributed in Germany, France, Belgium, Italy, United Kingdom and Netherlands etc. Germany is the largest consumption region, which consumed 534.9 K MT in 2017. France and Belgium are separately the second and third largest consumption regions.During past five years, Europe acrylic acid consumption increased from 1274 K MT in 2013 to 1314.2 K MT in 2017, with an average increase rate of 0.78%. Due to the increase of raw material price, acrylic acid price increased from 2017. Currently, Europe average acrylic acid price is 1318 USD/MT.Driven by increasing downstream demand, Europe acrylic acid consumption will keep increasing. By 2024, Europe consumption will be 1591 K MT.The worldwide market for Bio-based Acrylic Acid is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.

 

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WHAT WE PROVIDE IN THIS REPORT?

Bio-based Acrylic Acid market along with Report Research Design:

Bio-based Acrylic Acid Market Types:

  • Purity (<99%)
  • Purity (≥99%)

    Bio-based Acrylic Acid Market Applications:

  • Super Absorbent Polymers
  • Coating
  • Polyacrylic Acid Polymers
  • Other

     

    Bio-based Acrylic Acid Market Historic Data (2013-2017):

    • Industry Trends:Global Revenue, Status and Outlook.
    • Competitive Landscape: By Manufacturers, Development Trends.
    • Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
    • Market Segment: By Types, By Applications, By Regions/ Geography.
    • Sales Revenue: Market Share, Growth Rate, Current Market Analysis.

    Bio-based Acrylic Acid Market Influencing Factors:

    • Market Environment:Government Policies, Technological Changes, Market Risks.
    • Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.

    Bio-based Acrylic Acid Market Forecast (2018-2023):

    • Market Size Forecast:Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
    • Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price

    WHAT ARE THE REGIONS ARE COVERED IN THIS REPORT?

     

    World Map

    • North America (United States, Canada and Mexico)
    • Europe (Germany, France, UK, Russia and Italy)
    • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    • South America (Brazil, Argentina, Colombia etc.)
    • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

     

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    This report focuses on the Bio-based Acrylic Acid  in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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