市場調查報告書
商品編碼
1619226
丙烯酸市場規模、佔有率、成長分析、按類型、按技術、按最終用途、按地區 - 按行業預測,2024-2031 年Acrylic Acid Market Size, Share, Growth Analysis, By Type (Acrylic Esters, Acrylic Polymer), By Technology (Propylene-based Process, Bio-based Acrylic Acid), By End Use, By Region - Industry Forecast 2024-2031 |
2022年全球丙烯酸市場規模估值為131億美元,從2023年的137億美元成長到2031年的193億美元,預計在預測期內(2024-2031年)將以4.4%的複合年成長率成長。
對丙烯酸的需求正在經歷顯著成長,這主要是由於需要油漆、被覆劑、密封劑和黏合劑的基礎設施和建築活動的增加。這一趨勢延伸至個人護理領域,其中源自丙烯酸的超吸收性聚合物在一次性尿布和衛生用品等衛生用品中極為重要。丙烯酸作為被覆劑用丙烯酸酯的基本成分,對於油漆和塗料工業至關重要。此外,在可支配收入增加的推動下,消費者對黏合劑和紡織品等產品的需求正在增加。由於包裝、汽車、紡織和建築等最終用途行業的擴張,以及技術進步帶來的生產成本降低,丙烯酸市場有望強勁成長,尤其是在快速都市化的新興市場馬蘇。
Global Acrylic Acid Market size was valued at USD 13.1 billion in 2022 and is poised to grow from USD 13.7 billion in 2023 to USD 19.3 billion by 2031, growing at a CAGR of 4.4% during the forecast period (2024-2031).
The demand for acrylic acid is experiencing significant growth, driven primarily by increased infrastructural and building activities that require paints, coatings, sealants, and adhesives. This trend also extends to the personal care sector, where ultra-absorbent polymers derived from acrylic acid are pivotal in hygiene products such as diapers and sanitary items. As a foundational element in acrylate esters used in coating formulations, acrylic acid remains integral to the paints and coatings industry. Additionally, consumer demand for products like adhesives and textiles is increasing, fueled by rising disposable incomes. With the expansion of end-use industries including packaging, automotive, textiles, and construction, combined with technological advancements reducing production costs, the acrylic acid market is poised for robust growth, particularly in developing regions experiencing rapid urbanization.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Acrylic Acid market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Acrylic Acid Market Segmental Analysis
Global Acrylic Acid Market is segmented by Type, Technology, End Use and Region. Based on Type, the market is segmented into Acrylic Esters, Acrylic Polymer, and Others. Based on Technology, the market is segmented into Propylene-based Process, Bio-based Acrylic Acid, and Acrolein-based Process. Based on End Use, the market is segmented into Surfactants & Surface Coatings, Organic Chemicals, Adhesives & Sealants, Textiles, Water Treatment, Personal Care Products, and Others. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Acrylic Acid Market
The global acrylic acid market is being significantly propelled by the surging demand for superabsorbent polymers (SAPs), which have become increasingly vital in the production of personal care products like diapers, adult incontinence items, and feminine hygiene products. As hygiene awareness grows alongside population expansion, the need for SAPs continues to rise, subsequently boosting the acrylic acid industry. This essential raw material is crucial for the manufacturing of SAPs, further establishing a strong link between the two markets. Consequently, the acrylic acid sector is set to benefit from this heightened demand driven by the need for effective absorbent solutions in various personal care applications.
Restraints in the Global Acrylic Acid Market
The Global Acrylic Acid market faces significant restraints stemming from environmental and regulatory concerns. The utilization of potentially hazardous chemicals in acrylic acid production raises questions about sustainability and pollution management. Stringent environmental regulations and compliance demands in major markets may hinder market growth, particularly if manufacturers encounter challenges in adopting cleaner production methods or if such regulations incur higher operational costs. These factors could limit the ability of manufacturers to scale their operations, thereby impacting the overall growth potential of the acrylic acid market as they strive to meet regulatory standards while maintaining profitability.
Market Trends of the Global Acrylic Acid Market
The global acrylic acid market is witnessing a significant shift towards bio-based production, fueled by rising consumer demand for sustainable and environmentally friendly products. As industries focus on reducing their carbon footprint, renewable feedstocks such as maize, glycerol, and glucose are becoming the preferred inputs for acrylic acid manufacturing. This transition is driven by advancements in green chemistry and bioengineering technologies, which enhance production efficiency and lower environmental impact. Consequently, manufacturers are adapting to this trend to meet regulatory pressures and consumer expectations, indicating a robust growth trajectory in the bio-based acrylic acid segment, ultimately reshaping the market landscape.