Glacial Acrylic Acid Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application (Nappies; Adult & Feminine Hygiene; Detergents; Adhesives, Coatings & Sealants; Water Treatment; and Others)

Publication Month: Jun 2021 | Report Code: TIPRE00023242 | No. of Pages: 159 | Category: Chemicals and Materials | Status: Published

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The glacial acrylic acid market was valued at US$ 2,607.67 million in 2021 and is projected to reach US$ 3,351.24 million by 2028; it is expected to grow at a CAGR of 3.6% from 2021 to 2028.

 

Glacial acrylic acid is an unsaturated carboxylic acid co-monomer. It readily copolymerizes with acrylic and methacrylic esters, ethylene, vinyl acetate, styrene, butadiene, acrylonitrile, vinyl chloride, maleic esters, and vinylidene chloride. Glacial acrylic acid is majorly used as a building block for the production of acid-functional and crosslinked acrylic copolymers and polyacrylic acids. Glacial acrylic acid offers notable advantages as a co-monomer in an extensive range of acrylic and vinyl acrylic polymer-based finishes, coatings, sealants, adhesives, inks, thickeners, flocculants, and lubricants, among others. Besides, GAA is used to make polymers utilized in applications ranging from medical hydrogels to superabsorbent polymers to detergents.

 

Asia-Pacific accounted for the largest share of the global glacial acrylic acid market during the forecast period. The increasing demand for baby diapers in emerging nations such as South Korea and China has contributed to the demand for superabsorbent polymers (SAPs). Moreover, glacial acrylic acid finds multiple applications in adhesives, paints, construction, water treatment, detergents, leather treatments, and textile chemicals, among others. Consequently, these factors have led to the glacial acrylic acid market growth in the region.

 

The ongoing COVID-19 pandemic has drastically altered the status of the glacial acrylic acid market and has negatively impacted its growth. The outbreak has declined operational efficiency and interrupted the value chains, owing to the sudden closure of national and international boundaries, thereby creating revenue loss and damage. The disruptions in value chain have restricted the supply of raw material, which, in turn, is hindering the growth of the market and affecting the development of the end-use industries. However, as the economies are planning to revive their operations, the demand for glacial acrylic acid is expected to rise globally in coming months. With the growing consciousness toward sustainability and diversification of application bases in post-pandemic times, the demand for glacial acrylic acid is expected to take huge leaps in the future. According to International Finance Corporation, the COVID-19 outbreak is forecasted to slow down investments in the water sector globally. A survey by Global Water Leaders Group predicted that industrial water demand will fall by approximately 27% due to the outbreak. Further, the Global Water Leaders Group stated that water and wastewater utilities worldwide are expected to see revenue collection reductions of 15% on average due to the COVID-19 crisis. Thus, the water sector is anticipated to witness decline in the demand for water treatment chemicals, which would negatively impact the glacial acrylic acid market. Nevertheless, effective measures taken by associations—such as Industrial Fabrics Association International—backed by positive government initiatives to safeguard their frontline health care workers are expected to boost the textile industry, which would bolster the demand for glacial acrylic acid in coming years.

 

Geographic Overview of Glacial Acrylic Acid Market

Geographic Overview of Glacial Acrylic Acid Market

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Market Insights

 

Increasing Use of Superabsorbent Polymers in Diapers and Hygiene Products

Acrylic acid accounts for 80–85% of raw materials utilized in the production of superabsorbents (SAPs). The polymer is produced by aqueous solution polymerization of glacial acrylic acid with crosslinking monomer and an initiator. Superabsorbents are extensively used in diapers and hygienic products as they can absorb and retain large volumes of water and aqueous solutions. SAPs are primarily made from partially neutralized and lightly crosslinked polyacrylic acids and are the indispensable constituents in feminine hygiene, disposable diapers, as well as adult incontinence products. Approximately 77.5% of the global SAP is utilized in diapers, 9.5% in adult incontinence products, and 4% in feminine hygiene. SAPs are vital products in the acrylic acid value chain, and their water-absorbing attributes are increasing their demand in sanitary and hygiene products. Furthermore, the key manufacturers are focusing on the production of acrylic acid and its derivative products, such as acrylates and superabsorbent polymers. For instance, NIPPON SHOKUBAI CO., LTD has been expanding its core businesses in superabsorbent polymers and acrylic acid across the world. With their surging application in diapers, the company’s annual production capacity of SAPs has grown strongly, which also acts as the company’s strength. Thus, the growth of the glacial acrylic acid market is attributed to the rising demand for superabsorbent polymer production. In addition, the growing hygiene awareness among the populace, especially aging population drives the demand for glacial acrylic acid in diapers and hygiene products. 

 

Application Insights

Based on application, the global glacial acrylic acid market is segmented into nappies; adult & feminine hygiene; detergents; adhesives, coatings & sealants; water treatment; and others. The nappies segment held the largest share of the market during the forecast period. Glacial (distilled) acrylic acid is utilized in superabsorbent polymers (SAPs) which are extensively used in disposable baby diapers. Superabsorbent polymers are cross-linked polyacrylates that absorb and retain over a hundred times their own weight in liquid. SAPs account for more than 30% of world acrylic acid consumption. Manufacturers are offering glacial acrylic acid, which finds extensive applications in nappies. BASF PETRONAS Chemicals Sdn. Bhd. offers glacial acrylic acid for disposable diapers. Further, glacial acrylic acid offered by Tasnee is an unsaturated carboxylic acid available in clear colorless liquid with a characteristic acrid odor. It is miscible with water, alcohol, and ethers. It is utilized for polymer preparation and as a chemical intermediate. Glacial acrylic acid finds applications in industries such as nappies.

 

Global Glacial Acrylic Acid Market, by Application – 2020 and 2028

Global Glacial Acrylic Acid Market, by Application – 2020 and 2028

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Strategic Insights

The Dow Chemical Company; Arkema; BASF SE; Sasol; Tasnee; HAITUNG CHEMICALS CO., LTD.; Mitsubishi Chemical Corporation; NIPPON SHOKUBAI CO., LTD.; Formosa Plastics Corporation; and BASF PETRONAS Chemicals Sdn. Bhd are among the well-established players in the global glacial acrylic acid market. Companies in this market have been continuously focusing on strategies such as product developments, plant expansions, and mergers and acquisitions to expand their footprint worldwide and fulfill the growing demand of the market. For instance, in 2019, Arkema successfully brought a new 90,000-ton per year acrylic acid reactor at its Clear Lake, Texas site. The new reactor, which is equipped with the latest production technologies, replaces two decommissioned reactors of 45,000 tons each. The investment of approximately US$ 90 million positions Clear Lake as one of the most competitive acrylic acid sites in the US. This new capacity will enable the Group to promote the growth of its North American customers in markets such as paints and coatings, superabsorbents, adhesives, and polymers for water treatment and enhanced oil & gas recovery. In addition, this expansion consolidates Arkema’s position as the second-largest producer of acrylic acid in the region.

 

Report Spotlights

  • Progressive industry trends in the global glacial acrylic acid market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the global glacial acrylic acid market from 2019 to 2028
  • Estimation of the demand for glacial acrylic acid across various industries
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
  • Recent developments to understand the competitive market scenario and the demand for glacial acrylic acid
  • Market trends and outlook coupled with factors driving and restraining the growth of the glacial acrylic acid market
  • Decision-making process by understanding strategies that underpin commercial interest with regard to the global glacial acrylic acid market growth
  • Glacial acrylic acid market size at various nodes of the market
  • Detailed overview and segmentation of the global glacial acrylic acid market as well as its dynamics in the industry
  • Glacial acrylic acid market size in various regions with promising growth opportunities

 

Glacial Acrylic Acid Market, by Application

  • Nappies
  • Adult & Feminine Hygiene
  • Detergents
  • Adhesives, Coatings & Sealants
  • Water Treatment
  • Others


Company Profiles

  • The Dow Chemical Company
  • Arkema
  • BASF SE
  • Sasol
  • Tasnee
  • HAITUNG CHEMICALS CO.,LTD.
  • Mitsubishi Chemical Corporation
  • NIPPON SHOKUBAI CO., LTD.
  • Formosa Plastics Corporation
  • BASF PETRONAS Chemicals Sdn. Bhd

 

 

1.            Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.            Key Takeaways

3.            Research Methodology

3.1       Scope of the Study

3.2       Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.            Glacial Acrylic Acid Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        APAC

4.2.4        MEA

4.2.5        SAM

4.3       Expert Opinion

5.            Glacial Acrylic Acid Market – Key Market Dynamics

5.1       Market Drivers

5.1.1        Increasing Use of Superabsorbent Polymers in Diapers and Hygiene Products

5.1.2        Wide Range of Applications for Glacial Acrylic Acid

5.2       Market Restraints

5.2.1        Toxic Nature of Glacial Acrylic Acid

5.3       Market Opportunities

5.3.1        Production of Glacial Acrylic Acid from Renewable Resources

5.4       Future Trends

5.4.1        Technological Advancements

5.5       Impact Analysis of Drivers and Restraints

6.            Glacial Acrylic Acid – Global Market Analysis

6.1       Glacial Acrylic Acid Market Overview

6.2       Glacial Acrylic Acid Market – Revenue Forecasts to 2028 (US$ Million)

6.3       Market Positioning

7.            Glacial Acrylic Acid Market Analysis – By Application

7.1       Overview

7.2       Glacial Acrylic Acid Market, By Application (2020 and 2028)

7.3       Nappies

7.3.1        Overview

7.3.1.1      Nappies: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

7.4       Adult & Feminine Hygiene

7.4.1        Overview

7.4.1.1      Adult & Feminine Hygiene: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

7.5       Detergents

7.5.1        Overview

7.5.1.1      Detergents: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

7.6       Adhesives, Coatings & Sealants

7.6.1        Overview

7.6.1.1      Adhesives, Coatings & Sealants: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

7.7       Water Treatment

7.7.1        Overview

7.7.1.1      Water Treatment: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

7.8       Others

7.8.1        Overview

7.8.1.1      Others: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

8.            Glacial Acrylic Acid Market – Geographic Analysis

8.1       Overview

8.2       North America: Glacial Acrylic Acid Market

8.2.1        North America: Glacial Acrylic Acid Market – Revenue and Forecast to 2028(US$ Million)

8.2.2        North America: Glacial Acrylic Acid Market, by Application

8.2.3        North America: Glacial Acrylic Acid Market, by Key Country

8.2.3.1      US: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.2.3.1.1      US: Glacial Acrylic Acid Market, by Application

8.2.3.2      Canada: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.2.3.2.1      Canada: Glacial Acrylic Acid Market, by Application

8.2.3.3      Mexico: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.2.3.3.1      Mexico: Glacial Acrylic Acid Market, by Application

8.3       Europe: Glacial Acrylic Acid Market

8.3.1        Europe: Glacial Acrylic Acid Market – Revenue and Forecast to 2028(US$ Million)

8.3.2        Europe: Glacial Acrylic Acid Market, by Application

8.3.3        Europe: Glacial Acrylic Acid Market, by Key Country

8.3.3.1      Germany: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.3.3.1.1      Germany: Glacial Acrylic Acid Market, by Application

8.3.3.2      France: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.3.3.2.1      France: Glacial Acrylic Acid Market, by Application

8.3.3.3      Italy: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.3.3.3.1      Italy: Glacial Acrylic Acid Market, by Application

8.3.3.4      UK: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.3.3.4.1      UK: Glacial Acrylic Acid Market, by Application

8.3.3.5      Russia: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.3.3.5.1      Russia: Glacial Acrylic Acid Market, by Application

8.3.3.6      Rest of Europe: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.3.3.6.1      Rest of Europe: Glacial Acrylic Acid Market, by Application

8.4       Asia Pacific: Glacial Acrylic Acid Market

8.4.1        Asia Pacific: Glacial Acrylic Acid Market – Revenue and Forecast to 2028(US$ Million)

8.4.2        Asia Pacific: Glacial Acrylic Acid Market, by Application

8.4.3        Asia Pacific: Glacial Acrylic Acid Market, by Key Country

8.4.3.1      Australia: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.4.3.1.1      Australia: Glacial Acrylic Acid Market, by Application

8.4.3.1.2      China: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.4.3.1.3      China: Glacial Acrylic Acid Market, by Application

8.4.3.2      Japan: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.4.3.2.1      Japan: Glacial Acrylic Acid Market, by Application

8.4.3.3      India: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.4.3.3.1      India: Glacial Acrylic Acid Market, by Application

8.4.3.4      South Korea: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.4.3.4.1      South Korea: Glacial Acrylic Acid Market, by Application

8.4.3.5      Rest of Asia Pacific: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.4.3.5.1      Rest of Asia Pacific: Glacial Acrylic Acid Market, by Application

8.5       MEA: Glacial Acrylic Acid Market

8.5.1        MEA: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

8.5.2        MEA: Glacial Acrylic Acid Market, by Application

8.5.3        MEA: Glacial Acrylic Acid Market, by Key Country

8.5.3.1      South Africa: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.3.1.1      South Africa: Glacial Acrylic Acid Market, by Application

8.5.3.2      Saudi Arabia: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.3.2.1      Saudi Arabia: Glacial Acrylic Acid Market, by Application

8.5.3.3      UAE: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.3.3.1      UAE: Glacial Acrylic Acid Market, by Application

8.5.3.3.2      Rest of MEA: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.5.3.3.3      Rest of MEA: Glacial Acrylic Acid Market, by Application

8.6       South America: Glacial Acrylic Acid Market

8.6.1        South America: Glacial Acrylic Acid Market –Revenue and Forecast to 2028(US$ Million)

8.6.2        South America: Glacial Acrylic Acid Market, by Application

8.6.3        South America: Glacial Acrylic Acid Market, by Key Country

8.6.3.1      Brazil: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.6.3.1.1      Brazil: Glacial Acrylic Acid Market, by Application

8.6.3.2      Argentina: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.6.3.2.1      Argentina: Glacial Acrylic Acid Market, by Application

8.6.3.3      Rest of South America: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

8.6.3.3.1      Rest of South America: Glacial Acrylic Acid Market, by Application

9.            Impact of COVID-19 Pandemic on Global Glacial Acrylic Acid Market

9.1       Impact of COVID-19 Pandemic on Glacial Acrylic Acid Market

9.2       North America: Impact Assessment of COVID-19 Pandemic

9.3       Europe: Impact Assessment of COVID-19 Pandemic

9.1       Asia-Pacific: Impact Assessment of COVID-19 Pandemic

9.2       Middle East and Africa: Impact Assessment of COVID-19 Pandemic

9.3       South America: Impact Assessment of COVID-19 Pandemic

10.         Global Glacial Acrylic Acid Market -Industry Landscape

10.1    Overview

10.2    Partnership

10.3    Market Initiatives

11.         Company Profiles

11.1    The Dow Chemical Company

11.1.1     Key Facts

11.1.2     Business Description

11.1.3     Products and Services

11.1.4     Financial Overview

11.1.5     SWOT Analysis

11.1.6     Key Developments

11.2    Arkema

11.2.1     Key Facts

11.2.2     Business Description

11.2.3     Products and Services

11.2.4     Financial Overview

11.2.5     SWOT Analysis

11.2.6     Key Developments

11.3    BASF SE

11.3.1     Key Facts

11.3.2     Business Description

11.3.3     Products and Services

11.3.4     Financial Overview

11.3.5     SWOT Analysis

11.3.6     Key Developments

11.4    Sasol

11.4.1     Key Facts

11.4.2     Business Description

11.4.3     Products and Services

11.4.4     Financial Overview

11.4.5     SWOT Analysis

11.4.6     Key Developments

11.5    Tasnee

11.5.1     Key Facts

11.5.2     Business Description

11.5.3     Products and Services

11.5.4     Financial Overview

11.5.5     SWOT Analysis

11.5.6     Key Developments

11.6    HAITUNG CHEMICALS CO.,LTD.

11.6.1     Key Facts

11.6.2     Business Description

11.6.3     Products and Services

11.6.4     Financial Overview

11.6.5     SWOT Analysis

11.6.6     Key Developments

11.7    Mitsubishi Chemical Corporation

11.7.1     Key Facts

11.7.2     Business Description

11.7.3     Products and Services

11.7.4     Financial Overview

11.7.5     SWOT Analysis

11.7.6     Key Developments

11.8    NIPPON SHOKUBAI CO., LTD.

11.8.1     Key Facts

11.8.2     Business Description

11.8.3     Products and Services

11.8.4     Financial Overview

11.8.5     SWOT Analysis

11.8.6     Key Developments

11.9    FORMOSA PLASTICS CORPORATION

11.9.1     Key Facts

11.9.2     Business Description

11.9.3     Products and Services

11.9.4     Financial Overview

11.9.5     SWOT Analysis

11.9.6     Key Developments

11.10 BASF PETRONAS Chemicals Sdn. Bhd

11.10.1   Key Facts

11.10.2   Business Description

11.10.3   Products and Services

11.10.4   Financial Overview

11.10.5   SWOT Analysis

11.10.6   Key Developments

12.         Appendix

12.1    About The Insight Partners

12.2    Glossary of Terms

LIST OF TABLES

Table 1.            Glacial Acrylic Acid Market –Revenue Forecast to 2028 (US$ Million)

Table 2.            North America Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 3.            US Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.            Canada Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.            Mexico Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6.            Europe Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 7.            Germany Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.            France Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 9.            Italy Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10.          UK Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Russia Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of Europe Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Asia Pacific Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Australia Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 15.          China Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 16.          Japan Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 17.          India Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 18.          South Korea Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of Asia Pacific Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 20.          MEA Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 21.          South Africa Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 22.          Saudi Arabia Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 23.          UAE Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 24.          Rest of MEA Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 25.          South America Glacial Acrylic Acid Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 26.          Brazil Glacial Acrylic Acid Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 27.          Argentina Glacial Acrylic Acid Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 28.          Rest of South America Glacial Acrylic Acid Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 29.          Glossary of Terms, Glacial Acrylic Acid Market

 

LIST OF FIGURES

Figure 1.           Glacial Acrylic Acid Market Segmentation

Figure 2.           Glacial Acrylic Acid Market Segmentation – By Geography

Figure 3.           Global Glacial Acrylic Acid Market Overview

Figure 4.           Nappies Segment Held Largest Share of Global Glacial Acrylic Acid Market

Figure 5.           Asia Pacific Region Held Largest Share of Global Glacial Acrylic Acid Market

Figure 6.           Global Glacial Acrylic Acid Market, Key Market Players

Figure 7.           North America PEST Analysis

Figure 8.           Europe: PEST Analysis

Figure 9.           APAC: PEST Analysis

Figure 10.        MEA: PEST Analysis

Figure 11.        SAM: PEST Analysis

Figure 12.        Expert Opinion

Figure 13.        Glacial Acrylic Acid Market Impact Analysis of Drivers and Restraints

Figure 14.        Geographic Overview of Glacial Acrylic Acid Market

Figure 15.        Global: Glacial Acrylic Acid Market – Revenue Forecast to 2028 (US$ Million)

Figure 16.        Glacial Acrylic Acid Market Revenue Share, By Application (2020 and 2028)

Figure 17.        Nappies: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Adult & Feminine Hygiene: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Detergents: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Adhesives, coatings & sealants: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Water Treatment: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Others: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Global Glacial Acrylic Acid Market Revenue Share, by Region (2020 and 2028)

Figure 24.        North America: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        North America: Glacial Acrylic Acid Market Revenue Share, by Application (2020 and 2028)

Figure 26.        North America: Glacial Acrylic Acid Market Revenue Share, by Key Country (2020 and 2028)

Figure 27.        US: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Canada: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Mexico: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Europe: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Europe: Glacial Acrylic Acid Market Revenue Share, by Application (2020 and 2028)

Figure 32.        Europe: Glacial Acrylic Acid Market Revenue Share, by Key Country (2020 and 2028)

Figure 33.        Germany: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 34.        France: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Italy: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 36.        UK: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Russia: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Rest of Europe: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Asia Pacific: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        Asia Pacific: Glacial Acrylic Acid Market Revenue Share, by Application (2020 and 2028)

Figure 41.        Asia Pacific: Glacial Acrylic Acid Market Revenue Share, by Key Country (2020 and 2028)

Figure 42.        Australia: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 43.        China: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 44.        Japan: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 45.        India: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 46.        South Korea: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 47.        Rest of Asia Pacific: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 48.        MEA: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49.        MEA: Glacial Acrylic Acid Market Revenue Share, by Application (2020 and 2028)

Figure 50.        MEA: Glacial Acrylic Acid Market Revenue Share, by Key Country (2020 and 2028)

Figure 51.        South Africa: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 52.        Saudi Arabia: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 53.        UAE: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 54.        Rest of MEA: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 55.        South America: Glacial Acrylic Acid Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56.        South America: Glacial Acrylic Acid Market Revenue Share, by Application (2020 and 2028)

Figure 57.        South America: Glacial Acrylic Acid Market Revenue Share, by Key Country (2020 and 2028)

Figure 58.        Brazil: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 59.        Argentina: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 60.        Rest of South America: Glacial Acrylic Acid Market –Revenue and Forecast to 2028 (US$ Million)

Figure 61.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 62.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 63.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 64.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 65.        Impact of COVID-19 Pandemic in South America Country Markets

 

The List of Companies - Global Glacial Acrylic Acid Market

  1. The Dow Chemical Company
  2. Arkema
  3. BASF SE
  4. Sasol
  5. Tasnee
  6. HAITUNG CHEMICALS CO., LTD.
  7. Mitsubishi Chemical Corporation
  8. NIPPON SHOKUBAI CO., LTD.
  9. Formosa Plastics Corporation
  10. BASF PETRONAS Chemicals Sdn. Bhd
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global glacial acrylic acid market, thereby allowing players to develop effective long-term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Frequently Asked Questions

The key players operating in the glacial acrylic acid market are The Dow Chemical Company; Arkema; BASF SE; Sasol; Tasnee; HAITUNG CHEMICALS CO., LTD.; Mitsubishi Chemical Corporation; NIPPON SHOKUBAI CO., LTD.; Formosa Plastics Corporation; and BASF PETRONAS Chemicals Sdn. Bhd.

In 2020, Asia Pacific contributed to the largest share in the global Glacial acrylic acid market. The increasing demand for baby diapers in emerging nations such as South Korea and China has contributed to the demand for superabsorbent polymers (SAPs). Moreover, glacial acrylic acid finds multiple applications in adhesives, paints, construction, water treatment, detergents, leather treatments, and textile chemicals, among others. Consequently, these factors have led to the glacial acrylic acid market growth in the region.

The nappies segment held the largest share of the market during the forecast period. Glacial (distilled) acrylic acid is utilized in superabsorbent polymers (SAPs) which are extensively used in disposable baby diapers. Superabsorbent polymers are cross-linked polyacrylates that absorb and retain over a hundred times their own weight in liquid. SAPs account for more than 30% of world acrylic acid consumption.

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