Polyacrylic Acid Market Scope And Analysis

Report Code : TIPRE00039080
Category : Chemicals and Materials

Status : Published
No. of Pages : 201

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Polyacrylic Acid Market Scope and Key Players Analysis by 2031

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Polyacrylic Acid Market Report Scope

Report Attribute	Details
Market size in 2023	US$ 2.43 Billion
Market Size by 2031	US$ 3.34 Billion
Global CAGR (2023 - 2031)	4.1%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Form Powder and Liquid By Application Dispersing Agent Anti-Scaling Agent Thickeners Emulsifiers Ion-Exchanger By End-Use Industry Water Treatment Personal Care and Cosmetics Detergents and Cleaners Leather and Textiles Pulp and Paper Paints and Coatings Ceramics
Regions and Countries Covered	North America US Canada Mexico Europe Germany France UK Italy Russia Rest of Europe Asia Pacific Australia China India Japan South Korea Rest of Asia Pacific Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa and South and Central America Brazil Argentina and Rest of South and Central America
Market leaders and key company profiles	Arkema Ashland Inc BASF SE Evonik Industries AG Glentham Life Sciences Limited Nippon Shokubai Co Ltd Shandong ThFine Chemical Co Ltd Sumitomo Seika Chemicals Co Ltd The Dow Company The Lubrizol Corporation

Industry Developments and Future Opportunities:

Following are a few recent developments by major companies in the polyacrylic acid market, as per company press releases:

In 2023, BASF SE announced the opening of the production complex at its Verbund site in Zhanjiang, China. The complex includes the production facility for butyl acrylate (BA), glacial acrylic acid (GAA), and 2-ethylhexyl acrylate (2-EHA). The company revealed its plan to stream by 2025, and the complex will have an annual production capacity of ∼400,000 metric tons of BA and 100,000 metric tons of 2-EHA.

In 2023, Nippon Shokubai Co Ltd inaugurated the acrylic acid facility with a production capacity of 100,000 MT/year in Cilegon, Banten, Indonesia. The total investment of the project is reported to be ∼US$ 200 million.

Competitive Landscape and Key Companies:

Arkema SA, Ashland Inc, BASF SE, Evonik Industries AG, Nippon Shokubai Co Ltd, Sumitomo Seika Chemicals Co Ltd, The Dow Chemical Co, The Lubrizol Corp, Shandong ThFine Chemical Co Ltd, and Glentham Life Sciences Limited are among the key players profiled in the polyacrylic acid market report. The global market players focus on providing high-quality products to fulfill customer demand.