Bio-based Acrylic Acid Market Report Analysis Emphasising on Present Industry Share and Future Evolution to 2023
Global “Bio-based Acrylic Acid” Market Report gives complete framework data on market definition, research methodology, current scenario, dynamics, major conclusions, market Segmentation by technology, product types, application and geography. Bio-based Acrylic Acid market report also covers a study on the competitive landscape which describes mergers and acquisition. And also provides analysis on agreements, collaborations, and partnerships between leading key players in Bio-based Acrylic Acid market growth.
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Market Summary:-
- 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.
- Currently, only Cargill is producing bio-based acrylic acid, also it is not on industrial scale production. Owing to high production costs and technical barriers, limited companies are able to produce bio-based acrylic acid. Compared with acrylic acid, bio-based acrylic acid cost is high which result that no downstream consumers willing to purchase bio-based acrylic acid. We predict that there will be no industrial scale production in following 5 years.
- Europe major manufacturers include BASF, DOW, Arkema, LG Chem and Hexion. In Europe, acrylic acid market concentration is high. Total sales share of those five suppliers is 95.24% in 2017. During them, BASF is market leader in Europe, whose sales amount is 644.9 K MT in 2017. Followed by BASF, Arkema is the second largest supplier in Europe.
- Europe major consumption regions are distributed in Germany, France, Belgium, Italy, United Kingdom and Netherlands etc. Germany is the largest consumption region, which consumed 534.9 K MT in 2017. France and Belgium are separately the second and third largest consumption regions.
- During past five years, Europe acrylic acid consumption increased from 1274 K MT in 2013 to 1314.2 K MT in 2017, with an average increase rate of 0.78%. Due to the increase of raw material price, acrylic acid price increased from 2017. Currently, Europe average acrylic acid price is 1318 USD/MT.
- Driven by increasing downstream demand, Europe acrylic acid consumption will keep increasing. By 2024, Europe consumption will be 1591 K MT.
Bio-based Acrylic Acid Market report focuses on global major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
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Major key players are given in the report are:
- BASF
- DOW
- Arkema
- LG Chem
- Hexion
- ...
In this Bio-based Acrylic Acid market forecast Report development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export, supply and consumption figures as well as cost, price, revenue and gross margin by regions and other regions can be added as follows: - Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
According to this research, over the next 5 years the Bio-based Acrylic Acid market size will record a highest CAGR in terms of revenue till 2023. In particular, this report presents the global Bio-based Acrylic Acid market share (sales and revenue) of key companies in Bio-based Acrylic Acid business.
Bio-based Acrylic Acid Market Segmentation Analysis:
Segmentation by product type:
- Purity (＜99%)
- Purity (≥99%)
Segmentation by application:
- Super Absorbent Polymers
- Coating
- Polyacrylic Acid Polymers
- Other
Key Reasons to Purchase this Bio-based Acrylic Acid Report:
- To know how the increasing growth rate of Bio-based Acrylic Acid is expected affect market scenario
- Bio-based Acrylic Acid report analyses various perspectives of the market with the help of Porter’s five forces analysis
- Product Type and end user that are expected to dominate the market
- Global Regions that are estimated to witness the fastest growth during the forecast period
- Report Identifies the latest developments, market shares, and strategies employed by the major market players.
Bio-based Acrylic Acid Research objectives:
To study and analyse the global Bio-based Acrylic Acid consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2023.
To understand the structure of Bio-based Acrylic Acid market by identifying its various sub segments.
Focuses on the key global Bio-based Acrylic Acid manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyse the Bio-based Acrylic Acid market trends with respect to individual growth, future prospects, and their contribution to the industry.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Bio-based Acrylic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyse their growth strategies.
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Table of Contents
2018-2023 Global Bio-based Acrylic Acid Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Bio-based Acrylic Acid Consumption 2013-2023
2.1.2 Bio-based Acrylic Acid Consumption CAGR by Region
2.2 Bio-based Acrylic Acid Segment by Type
2.2.1 Purity (＜99%)
2.2.2 Purity (≥99%)
2.3 Bio-based Acrylic Acid Consumption by Type
2.3.1 Global Bio-based Acrylic Acid Consumption Market Share by Type (2013-2018)
2.3.2 Global Bio-based Acrylic Acid Revenue and Market Share by Type (2013-2018)
2.3.3 Global Bio-based Acrylic Acid Sale Price by Type (2013-2018)
2.4 Bio-based Acrylic Acid Segment by Application
2.4.1 Super Absorbent Polymers
2.4.2 Coating
2.4.3 Polyacrylic Acid Polymers
2.4.4 Other
2.5 Bio-based Acrylic Acid Consumption by Application
2.5.1 Global Bio-based Acrylic Acid Consumption Market Share by Application (2013-2018)
2.5.2 Global Bio-based Acrylic Acid Value and Market Share by Application (2013-2018)
2.5.3 Global Bio-based Acrylic Acid Sale Price by Application (2013-2018)
3 Global Bio-based Acrylic Acid by Players
3.1 Global Bio-based Acrylic Acid Sales Market Share by Players
3.1.1 Global Bio-based Acrylic Acid Sales by Players (2016-2018)
3.1.2 Global Bio-based Acrylic Acid Sales Market Share by Players (2016-2018)
3.2 Global Bio-based Acrylic Acid Revenue Market Share by Players
3.2.1 Global Bio-based Acrylic Acid Revenue by Players (2016-2018)
3.2.2 Global Bio-based Acrylic Acid Revenue Market Share by Players (2016-2018)
3.3 Global Bio-based Acrylic Acid Sale Price by Players
3.4 Global Bio-based Acrylic Acid Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Bio-based Acrylic Acid Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Bio-based Acrylic Acid Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Bio-based Acrylic Acid by Regions
4.1 Bio-based Acrylic Acid by Regions
4.1.1 Global Bio-based Acrylic Acid Consumption by Regions
4.1.2 Global Bio-based Acrylic Acid Value by Regions
4.2 Americas Bio-based Acrylic Acid Consumption Growth
4.3 APAC Bio-based Acrylic Acid Consumption Growth
4.4 Europe Bio-based Acrylic Acid Consumption Growth
4.5 Middle East & Africa Bio-based Acrylic Acid Consumption Growth
…..
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