Bio-based Acrylic Acid Market

The acrylic acid industry has seen significant change over the past two decades. With the closure of acetylene-based and acrylonitrile-based plants in the 1990s, the production of acrylic acid via two-stage propylene oxidation became the preferred and dominant method of production for acrylic acid producers, globally. Currently, licensors and technology holders of two-stage propylene oxidation technology are looking to improve their processes with new catalyst formulations, modifications to reactor design, and/or establishing operational best-practices through newly optimized parameters. The next decade, however, will give rise to a new wave of technologies ? particularly, bio-based routes to acrylic acid. At present, there is no industrialized bio-based acrylic acid sold in Europe. This project takes the petrochemical-based acrylic acid sales data to evaluate the potential market for bio-based acrylic acid. Analyze its future development space.

Bio-based Acrylic Acid Market aims to provide a comprehensive presentation of the global market for Bio-based Acrylic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bio-based Acrylic Acid. Bio-based Acrylic Acid Market contains market size and forecasts of Bio-based Acrylic Acid in global, including the following market information:

Global Bio-based Acrylic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Bio-based Acrylic Acid Market Sales, 2018-2023, 2024-2029, (K MT)

Global top five Bio-based Acrylic Acid companies in 2022 (%)

The global Bio-based Acrylic Acid market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

In Europe market, Bio-based Acrylic Acid key players include BASF, Arkema, DOW, Hexion, LG Chem, etc. The top five manufacturers hold a share about 95%. Germany is the largest market, with a share about 40%, followed by France, with a share about 30 percent. In terms of product, Purity (?99%) is the largest segment, with a share about 60%. And in terms of application, the largest application is Super Absorbent Polymers, followed by Coating, Polyacrylic Acid Polymers, etc.

We surveyed the Bio-based Acrylic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Bio-based Acrylic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Bio-based Acrylic Acid Market Segment Percentages, by Type, 2022 (%)

Purity (Below 99%)

Purity (Above 99%)

Global Bio-based Acrylic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Bio-based Acrylic Acid Market Segment Percentages, by Application, 2022 (%)

Super Absorbent Polymers

Coating

Polyacrylic Acid Polymers

Other

Global Bio-based Acrylic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)

Global Bio-based Acrylic Acid Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Bio-based Acrylic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Bio-based Acrylic Acid revenues share in global market, 2022 (%)

Key companies Bio-based Acrylic Acid sales in global market, 2018-2023 (Estimated), (K MT)

Key companies Bio-based Acrylic Acid sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

BASF

DuPont

Arkema

LG Chem

Hexion

Outline of Major Chapters:

Chapter 1: Introduces the definition of Bio-based Acrylic Acid, market overview.

Chapter 2: Global Bio-based Acrylic Acid market size in revenue and volume.

Chapter 3: Detailed analysis of Bio-based Acrylic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Bio-based Acrylic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Bio-based Acrylic Acid capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.