Global Acrylic Acid and its Derivatives market cagr 15.6%

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Acrylic Acid and its Derivatives Market

Acrylic Acid and its Derivatives Market Scope:

Industry Analysis, Market Size, Growth, Trends Till

2031

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Acrylic Acid and its Derivatives Market Size and Growth

The Acrylic Acid and its Derivatives market is experiencing substantial growth, driven by increased demand in industries like coatings, adhesives, and textiles. The global market size is projected to reach approximately $12 billion by 2025, reflecting a CAGR of around 5%. Market conditions favor innovations and sustainable production methods. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ BASF

◍ DOW

◍ Nippon Shokubai

◍ Akema

◍ Formosa

◍ LG Chem

◍ Mitsubishi Chem

◍ Toagosei

◍ Sasol

◍ Hexion

◍ Idemitsu Kosan

◍ HUAYI

◍ Satellite

◍ BASF-YPC

◍ Sanmu Group

◍ Shandong Kaitai

◍ CNOOC

◍ ChemChina

The Acrylic Acid and its Derivatives Market is led by major companies like BASF, DOW, and Nippon Shokubai, focusing on applications in adhesives, coatings, and superabsorbent polymers. These firms drive growth through innovation, strategic partnerships, and expansive production capacities. Some sales revenues include: - BASF: €78.6 billion - DOW: $57 billion - LG Chem: $23.7 billion

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Market Segmentation

By Application

Superabsorbent

Paints & Coating

Adhesives

Textiles

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By Product

Acrylic Acid

Acrylic Acid Derivatives

Market Growth

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$ X Billion USD

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