Global Catalyst Used to Convert 3-HP to Acrylic Acid market cagr 14.9%

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Catalyst Used to Convert 3-HP to Acrylic Acid Market

Catalyst Used to Convert 3-HP to Acrylic Acid

Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Catalyst Used to Convert 3-HP to Acrylic Acid Market Size

and Growth

The market for catalysts converting 3-hydroxypropionic acid (3-HP) to acrylic acid is poised for growth, driven by rising demand for bio-based acrylic acid. The market size is projected to reach significant figures, reflecting advancements in catalyst efficiency and production processes, alongside increasing applications in coatings, adhesives, and textiles.

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Companies Covered

(Covid 19 Impact Covered)

◍ Novozymes/Cargill

◍ OPXBio/Dow

◍ Arkema/Nippon Shokubai

◍ Novomer

◍ Yield10

◍ Metabolix

The Catalyst Used to Convert 3-HP to Acrylic Acid Market features key players like Novozymes/Cargill, OPXBio/Dow, Arkema/Nippon Shokubai, Novomer, Yield10, and Metabolix, focusing on biocatalysis and innovative processes. Their advancements drive market growth through enhanced efficiency and sustainability in acrylic acid production. Sales figures include:

- Novozymes: $2.0 billion

- Arkema: $9.5 billion Request Sample Report

Market Segmentation

By Application

◍ Super Absorbent Polymers (SAP)

◍ Polyacrylic Acid Polymers

◍ Adhesives

◍ Others

By Product

◍ Metal Salt Catalyst

◍ Microbial Preparation

◍ Bentonite Clay

◍ Others

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Market Growth

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$ X Billion USD

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