Acrylic Acid Market Analysis, Trends and Forecast 2012 - 2020

PORTLAND, Oregon, April 14, 2014 /PRNewswire/ --

Allied Market Research added a new report titled "Global Acrylic Acid Market (Derivative Types, Applications, Geography)- Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2012 - 2020" to its on-demand report catalogue and is now available for pre-book. 

The market research conducted by Allied Market Research is projecting the current trends in the applications of acrylic acid market. This report evaluates the acrylic acid market in terms of value ($million) and volume (tons). Acrylic acid is the essential compound used in surface coating industry that helps in manufacturing of high tensile and thermal resistance materials. Acrylic acid is expected to be the largest revenue generating segment in surface coating industry due to the increase in demand for absorbent polymers in manufacturing consumer products. The acrylic acid market garnered approximately half of the total market revenue of absorbent polymers market in 2012 and it is further expected to grow.

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Developed economies are witnessing rapid growth in acrylic acid market as it largely used in manufacturing consumer products; therefore, there is a positive expectancy for the market to grow in future. However, In spite of the positive market expectancy in developed economics, the companies in developing economies are unable to establish manufacturing plants for acrylic acid production due to the heavy initial capital involved. Gaining competitive advantage in the growing economies such as China, India and Africa is the first target for companies competing in this market. However, to explore the opportunities in the market, companies competing in the global market are adopting collaboration and agreement as developmental strategies in acrylic acid market.

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The developmental strategies, Porter's five force analysis and value chain analysis in the report provide high level analysis to the industry experts that would help them take strategic decision. The companies operating in acrylic acid market are profiled in this report and effectively analyzed to understand current market scenarios.

Key Benefits of the Report 

• This report will give a detailed analysis of drivers and factors limiting market expansion
• Projections made for the next seven years (2014 - 2020) by considering values for 2013 as reference
• A unique market scenario analysis for 2025 will allow stakeholders to gain insight into the market beyond 2020 based on the realistic assumptions and key technological trends
• Porter's five forces and SWOT analysis would help the decision makers in making strategic decisions
• Analysis of key market players and strategies adopted by them will be dealt in the report to give a deep dive intelligence to the stake holders about the top contenders in the acrylic acid market
• Micro level analysis based on derivative types, applications and geographies to give comparative analysis of the global market  
• Comprehensive and quantitative data about changing market trends, competition and opportunities in product and application market will be provided in the report to help the stake holders in making strategic decisions
• Identification of key investment pockets will allow stakeholders to plan their strategic moves intelligently.

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Poly Lactic Acid Market Report: http://www.alliedmarketresearch.com/polylactic-acid-market

Polylactic Acid (PLA) is thermoplastic polyester derived from renewable feedstock such as corn starch, sugarcane, wheat and tapioca roots. PLA products contain bio-based renewable constituents. The global PLA market is expected to reach a market size of $5.2 billion by 2020, growing at a CAGR of 19.5% during 2013 to 2020. Limited fossil fuel resources and rising petrochemical price are the key factors driving the market. Limited fossil fuel resources, is an important reason for governments and companies to find substitutes to crude oil based products. Growing environmental concerns and government regulations is further assisting in adoption of PLA by end users of final products as well as manufacturers in industries such as textile, packaging, transportation, electronics, etc. 

Bio-Succinic Acid Market Report: http://www.alliedmarketresearch.com/bio-succinic-acid-market

The U.S. Department of Energy (USDOE) considers succinic acid as one among the top twelve chemical building blocks. Succinic acid, as a platform chemical, is growing in demand in various applications. However, consumption of petroleum based succinic acid, as an intermediate, in manufacturing various chemicals, is limited due to its volatility of price and carbon footprints. These concerns led to the discovery of biological manufacturing of succinic acid. The bio succinic acid market is forecast to grow at a significant rate over the next seven years. The major drivers for this growth will be volatility in fossil fuel prices, rise in carbon footprints, and an interest in using locally available raw materials. Furthermore, increasing global demand of green chemicals will trigger its adoption in wide range of applications, especially, in bio plastics, making it a strong platform chemical.

Bio succinic acid is primarily being used as a replacement for petrol based succinic acid in few applications such as solvents and lubricants, de-icer solutions, cosmetics, food and pharma. Furthermore, newer application such as 1,4-Butanediol (BDO), PBS, plasticizers and polyesters polyols market will accelerate the future growth of the market. Additionally, higher cost of crude oil, increase in investments for green chemicals, demand for renewable chemicals, and increase in government support will further boost the growth of the market. However, higher price of bio succinic acid and lengthy extraction processes are primarily restraining the market growth for the next few years. The global bio based succinic acid market is expected to reach market volume of 710.0 kilo tons by 2020, growing at a CAGR of 45.6% during 2013-2020.

Plastic Additives Market Report: http://www.alliedmarketresearch.com/plastic-additives-market

Plastics additives are the substances that are added in polymer during reaction in the final stage or in the process of polymer/plastic production. These additives help in improving the characteristics of polymers such as strength, shine, durability and heat sensitivity. The global plastic additives market in this report is estimate in terms of revenue and volume. The global plastic additives market was valued for $41.4 billion in 2013 and is expected to generate revenue of $57.8 billion by 2020 at a CAGR of 4.9% during 2013-2020. The global plastic additives market in terms of volume was estimated at 12,619.8 Kilo Tons in 2013 and is expected to reach 17,071.7 Kilo Tons by 2020 growing at a CAGR of 4.4% during 2013-2020. Impacting drivers of plastic additives market such as increase in environmental awareness and intervention by government to promote non-toxic plastic additives is promoting the growth in plastic additives market. However, increase in health concerns due to consumption of Phthalates based plasticizers is forcing the government to harness the regulations for controlling commercialization of such additives. In the United States, the application of phthalates in the manufacturing of toys and other children's product is banned under the guidance of Consumer Products Safety Improvement Act (CPSIA).

KEY DELIVERABLES 

The global acrylic acid market is segmented into derivative types, applications, and geography.

Market by Derivative Types 

• Acrylic Esters
  • Methyl Acrylate
  • Ethyl Acrylate
  • Butyl Acrylate
  • Ethylhexyl Acrylate
• Acrylic Polymers
  • Crylic Elastomers
  • Super Absorbent Polymers
  • Water Treatment Polymers
• Other Derivatives
  • Ammonium Polyacrylate
  • Cyanopolyacrylate

Market by Applications 

• Surfactants Industry
• Surface Coatings Industry 
• Adhesives & Sealants Industry 
• Plastic Additives & Co-Monomers 
• Others 

Market by Geography 

• North America
• Europe
• Asia-Pacific
• Latin America, Middle East and Africa (LAMEA)

Key Companies Included 

• Myriant Corporation
• BASF SE
• The Dow Chemical Company
• Arkema SA
• Mitsubishi Chemical Holdings Corporation
• LG Chem Ltd.
• The Lubrizol Corporation
• Evonik Industries Ag
• Formosa Plastics Corporation
• Sasol Ltd.

About Us:  

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirm utmost accuracy in our market forecasting. All the data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of concerned domain. Our secondary data procurement methodology includes deep online and offline research and discussions with knowledgeable professionals and analysts in the industry.

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