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Acrylic Acid and its Derivatives Market is expected to grow with a CAGR of 5.2% by 2018 – New Report by MarketsandMarkets
Date:8/18/2013

ditions have attracted many global players such as BASF (Germany), Dow Chemical Company (U.S.), Nippon Shokubai (Japan), and others to venture into these markets with local production facilities. This has driven the demand for acrylic acid and its derivatives in the region significantly.

Super absorbent Polymers to gain more attention in the coming years

Due to increasing population, improving lifespan, and other demands have significantly improved the demand and growth of super absorbent polymers market. The major application of SAP is found in personal disposable hygiene products such as baby diapers, adult protective underwear, and sanitary napkins.

It is also used for blocking water penetration in underground power or communications cables, horticultural water retention agents, control of spill and waste aqueous fluids, and artificial snow for motion picture and stage production. The super absorbent polymers have already started gaining a significant market share among acrylic polymers globally. Even the water treatment polymers have high potential for deep penetration rate in the developing countries.
The SAP and WTP are widely preferred across the globe.

Surface coatings occupies major share among the applications of Acrylic Acid and its Derivatives Market.

Surface coatings are the largest application for acrylic acid and its derivatives, accounting for almost half of the overall acrylic acid and its derivatives market in 2012. Due to increasing population and improved lifestyle, the applications have significantly increased the demand for acrylic acid and its derivatives in the past few years. Many of the acrylic acid manufacturers and thereby OEM providers are shifting their focus towards developing regions. This would help the acrylic acid and its derivatives market to grow in developing countries. On the contrary, the demand for plastic additives is growing on a long run and hence the demand for co-monomers
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