Bio-based Acrylic Acid Market
Bio-based Acrylic Acid Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Bio-based Acrylic Acid Market Size and Growth
The Bio-based Acrylic Acid market is experiencing significant growth due to increasing demand for sustainable materials. Market size is projected to reach approximately USD 3 billion by 2028, driven by advancements in production technologies and rising environmental concerns. Key applications include adhesives, paints, and coatings, enhancing market attractiveness amid sustainability trends.
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ DuPont
◍ Arkema
◍ LG Chem
◍ Hexion
The bio-based acrylic acid market features key players like BASF, DuPont, Arkema, LG Chem, and Hexion. These companies leverage sustainable practices, innovate biobased production methods, and expand applications in coatings and adhesives, driving market growth.
Sales revenues (recent figures):
- BASF: €78 billion
- DuPont: $19 billion
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Market Segmentation
By Application
◍ Super Absorbent Polymers
◍ Coating
◍ Polyacrylic Acid Polymers
◍ Other
By Product
◍ Purity (Below 99%)
◍ Purity (Above 99%)
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Market Growth
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$ X Billion USD
