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Global Bio-based Acrylic Acid Market Research Report 2024
Synopsis
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.
The global Bio-based Acrylic Acid market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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.
This report 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.
Report Scope
The Bio-based Acrylic Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bio-based Acrylic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bio-based Acrylic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BASF
DuPont
Arkema
LG Chem
Hexion
Segment by Type
Purity (Below 99%)
Purity (Above 99%)
Segment by Application
Super Absorbent Polymers
Coating
Polyacrylic Acid Polymers
Other
Production by Region
North America
Europe
China
Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bio-based Acrylic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bio-based Acrylic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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.
The global Bio-based Acrylic Acid market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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.
This report 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.
Report Scope
The Bio-based Acrylic Acid market size, estimations, and forecasts are provided in terms of output/shipments (K MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bio-based Acrylic Acid market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bio-based Acrylic Acid manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BASF
DuPont
Arkema
LG Chem
Hexion
Segment by Type
Purity (Below 99%)
Purity (Above 99%)
Segment by Application
Super Absorbent Polymers
Coating
Polyacrylic Acid Polymers
Other
Production by Region
North America
Europe
China
Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bio-based Acrylic Acid manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bio-based Acrylic Acid by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Bio-based Acrylic Acid Market Overview
1.1 Product Definition
1.2 Bio-based Acrylic Acid Segment by Type
1.2.1 Global Bio-based Acrylic Acid Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Purity (Below 99%)
1.2.3 Purity (Above 99%)
1.3 Bio-based Acrylic Acid Segment by Application
1.3.1 Global Bio-based Acrylic Acid Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Super Absorbent Polymers
1.3.3 Coating
1.3.4 Polyacrylic Acid Polymers
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Bio-based Acrylic Acid Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Bio-based Acrylic Acid Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Bio-based Acrylic Acid Production Estimates and Forecasts (2019-2030)
1.4.4 Global Bio-based Acrylic Acid Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Bio-based Acrylic Acid Production Market Share by Manufacturers (2019-2024)
2.2 Global Bio-based Acrylic Acid Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Bio-based Acrylic Acid, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Bio-based Acrylic Acid Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Bio-based Acrylic Acid Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Bio-based Acrylic Acid, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Bio-based Acrylic Acid, Product Offered and Application
2.8 Global Key Manufacturers of Bio-based Acrylic Acid, Date of Enter into This Industry
2.9 Bio-based Acrylic Acid Market Competitive Situation and Trends
2.9.1 Bio-based Acrylic Acid Market Concentration Rate
2.9.2 Global 5 and 10 Largest Bio-based Acrylic Acid Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Bio-based Acrylic Acid Production by Region
3.1 Global Bio-based Acrylic Acid Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Bio-based Acrylic Acid Production Value by Region (2019-2030)
3.2.1 Global Bio-based Acrylic Acid Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Bio-based Acrylic Acid by Region (2025-2030)
3.3 Global Bio-based Acrylic Acid Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Bio-based Acrylic Acid Production by Region (2019-2030)
3.4.1 Global Bio-based Acrylic Acid Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Bio-based Acrylic Acid by Region (2025-2030)
3.5 Global Bio-based Acrylic Acid Market Price Analysis by Region (2019-2024)
3.6 Global Bio-based Acrylic Acid Production and Value, Year-over-Year Growth
3.6.1 North America Bio-based Acrylic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Bio-based Acrylic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Bio-based Acrylic Acid Production Value Estimates and Forecasts (2019-2030)
3.6.4 Korea Bio-based Acrylic Acid Production Value Estimates and Forecasts (2019-2030)
4 Bio-based Acrylic Acid Consumption by Region
4.1 Global Bio-based Acrylic Acid Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Bio-based Acrylic Acid Consumption by Region (2019-2030)
4.2.1 Global Bio-based Acrylic Acid Consumption by Region (2019-2024)
4.2.2 Global Bio-based Acrylic Acid Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Bio-based Acrylic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Bio-based Acrylic Acid Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Bio-based Acrylic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Bio-based Acrylic Acid Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Bio-based Acrylic Acid Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Bio-based Acrylic Acid Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Bio-based Acrylic Acid Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Bio-based Acrylic Acid Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Bio-based Acrylic Acid Production by Type (2019-2030)
5.1.1 Global Bio-based Acrylic Acid Production by Type (2019-2024)
5.1.2 Global Bio-based Acrylic Acid Production by Type (2025-2030)
5.1.3 Global Bio-based Acrylic Acid Production Market Share by Type (2019-2030)
5.2 Global Bio-based Acrylic Acid Production Value by Type (2019-2030)
5.2.1 Global Bio-based Acrylic Acid Production Value by Type (2019-2024)
5.2.2 Global Bio-based Acrylic Acid Production Value by Type (2025-2030)
5.2.3 Global Bio-based Acrylic Acid Production Value Market Share by Type (2019-2030)
5.3 Global Bio-based Acrylic Acid Price by Type (2019-2030)
6 Segment by Application
6.1 Global Bio-based Acrylic Acid Production by Application (2019-2030)
6.1.1 Global Bio-based Acrylic Acid Production by Application (2019-2024)
6.1.2 Global Bio-based Acrylic Acid Production by Application (2025-2030)
6.1.3 Global Bio-based Acrylic Acid Production Market Share by Application (2019-2030)
6.2 Global Bio-based Acrylic Acid Production Value by Application (2019-2030)
6.2.1 Global Bio-based Acrylic Acid Production Value by Application (2019-2024)
6.2.2 Global Bio-based Acrylic Acid Production Value by Application (2025-2030)
6.2.3 Global Bio-based Acrylic Acid Production Value Market Share by Application (2019-2030)
6.3 Global Bio-based Acrylic Acid Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BASF
7.1.1 BASF Bio-based Acrylic Acid Corporation Information
7.1.2 BASF Bio-based Acrylic Acid Product Portfolio
7.1.3 BASF Bio-based Acrylic Acid Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BASF Main Business and Markets Served
7.1.5 BASF Recent Developments/Updates
7.2 DuPont
7.2.1 DuPont Bio-based Acrylic Acid Corporation Information
7.2.2 DuPont Bio-based Acrylic Acid Product Portfolio
7.2.3 DuPont Bio-based Acrylic Acid Production, Value, Price and Gross Margin (2019-2024)
7.2.4 DuPont Main Business and Markets Served
7.2.5 DuPont Recent Developments/Updates
7.3 Arkema
7.3.1 Arkema Bio-based Acrylic Acid Corporation Information
7.3.2 Arkema Bio-based Acrylic Acid Product Portfolio
7.3.3 Arkema Bio-based Acrylic Acid Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Arkema Main Business and Markets Served
7.3.5 Arkema Recent Developments/Updates
7.4 LG Chem
7.4.1 LG Chem Bio-based Acrylic Acid Corporation Information
7.4.2 LG Chem Bio-based Acrylic Acid Product Portfolio
7.4.3 LG Chem Bio-based Acrylic Acid Production, Value, Price and Gross Margin (2019-2024)
7.4.4 LG Chem Main Business and Markets Served
7.4.5 LG Chem Recent Developments/Updates
7.5 Hexion
7.5.1 Hexion Bio-based Acrylic Acid Corporation Information
7.5.2 Hexion Bio-based Acrylic Acid Product Portfolio
7.5.3 Hexion Bio-based Acrylic Acid Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Hexion Main Business and Markets Served
7.5.5 Hexion Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Bio-based Acrylic Acid Industry Chain Analysis
8.2 Bio-based Acrylic Acid Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Bio-based Acrylic Acid Production Mode & Process
8.4 Bio-based Acrylic Acid Sales and Marketing
8.4.1 Bio-based Acrylic Acid Sales Channels
8.4.2 Bio-based Acrylic Acid Distributors
8.5 Bio-based Acrylic Acid Customers
9 Bio-based Acrylic Acid Market Dynamics
9.1 Bio-based Acrylic Acid Industry Trends
9.2 Bio-based Acrylic Acid Market Drivers
9.3 Bio-based Acrylic Acid Market Challenges
9.4 Bio-based Acrylic Acid Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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