Acrylic Acid Market | Size, Application, Revenue, Types, Trends in Future, Scope to 2032

According to a recent study by Future Market Insights, the acrylic acid market is expected to reach US$ 22.6 Billion by 2032, up from US$ 14.6 Billion in 2022, expanding at a CAGR of 4.5%. Rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market over the ****ysis period.

Acrylic acid-based polymers have replaced conventionally used materials in major end-use industries, such as automotive, building and construction, electronics, and others. Acrylic acid-based elastomers such as AEM (Ethylene Acrylic Elastomers), are used as an alternative to synthetic rubber in various applications, such as an automotive gasket, hoses, and others.

In addition, owing to the improved properties of AEM, such as strength, and resistance, among others, there is an increasing demand for acrylic acid from the polymer industry during the forecast period. Additionally, the rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market.

Key Players

BASF SE
Dow Chemical
Lucite International
LG Chem
Mitsubishi Chemical Corporation
Cargill, Incorporated
Nippon Shokubai Co., Ltd.
SNP Inc.
The Lubrizol Corporation
Formosa Plastic Corporation
Arkema S.A.
Ashland
Kemira Oyi

Competitive Landscape

Players in the global acrylic acid market focus on expanding their global reach through various strategies, such as; partnerships, collaborations, and partnerships. The players are also making a significant investment in R&D to add innovations to their products which would help them in strengthening their position in the global market.

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Key Segments Covered In The Acrylic Acid Market Study

Acrylic Acid Market by Product:

Acrylate Esters
Glacial Acrylic Acid
Other Acrylic Acid Products

Acrylic Acid Market by End-Use Industry:

Acrylic Acid for Surfactants
Acrylic Acid for Organic Chemicals
Acrylic Acid for Adhesives & Sealants
Acrylic Acid for Textiles
Acrylic Acid for Water Treatment
Acrylic Acid for Personal Care Products
Acrylic Acid for Other End-Use Industries

Acrylic Acid Market by Region:

North America Acrylic Acid Market
Latin America Acrylic Acid Market
Europe Acrylic Acid Market
Asia Pacific Acrylic Acid Market
Middle East and Africa Acrylic Acid Market

“Increasing demand for Super Absorbent Polymers (SAP) in Sanitary Pads Application, is one of the major factors that is anticipated to propel the industry growth over the forecast period,” remarks an FMI ****yst.

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Fertilizer Additives Market Innovations, Technology Growth and Research by 2022-2032

A recently published study by FMI expects the global fertilizer additives market to augment at a 4.6% CAGR from 2022 to 2032. By the end of the said ****essment period, a valuation of US$ 1,685.96 Million is expected for the market. Fertilizer additives are gaining huge traction owing to the expansion of agriculture industry across the globe.

Moreover, properties of fertilizer additives that help in anticaking are making them essential. From 2017 to 2021, the industry experienced noteworthy growth, registering a value CAGR of 4% and closing at US$ 1,028.01 Million. Technological advancement in the agriculture sector is contributing to the growth of fertilizer additives.

In addition, government authorities of various countries are launching initiatives that help the agriculture industry to grow. This, in turn, is increasing the use of fertilizer additives. Potash and phosphate-based fertilizers work well for yield enhancement. They not only ensure growth of crops but also provide nutrition.

This, in turn, is accelerating the growth of fertilizer additives in the agriculture industry. Therefore, with government initiatives and expansion of agriculture sector the fertilizer additive market is expected to surge in the ****essment period 2022-2032.

Market Competition

Key players in the fertilizers additive market are Clariant AG, Arkema S.A, Dorf Ketal, ArrMaz, Timac Agro USA, Michelman, inc., Hubei Forbon Technology Co Ltd, Fertibon Products Pvt Ltd, Chemipol SA, Neelam Aqua & Speciality Chem (P) Ltd

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Key Segments Profiled In The Fertilizer Additives Market Industry Survey

Fertilizer Additives by Product Type:

Fertilizer Additives as Anti-caking Agents
Fertilizer Additives as Dust Suppressors
Fertilizer Additives as Drying Agents
Fertilizer Additives as Granulation Agents
Fertilizer Additives as Others

Fertilizer Additives by Application::

N (Nitrogen)
P2O5
K2O
Others

More Insights Available

FMI, in its new offering, presents an unbiased ****ysis of the global fertilizer additives market, presenting historical ****ysis from 2017 to 2021 and forecast statistics for the period of 2022-2032.

The study reveals essential insights on the basis of Product Type (Anti-caking Agents, Dust Suppressors, Drying Agents, Granulation Agents, Others), by Application (N (Nitrogen), P2O5, K2O, Others), across five major regions (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).

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Silicone Surfactants Market- New Technological Development Projecting M****ive Growth till 2033

The global silicone surfactant market is currently valued at US$2.08 Billion in 2023 and is anticipated to expand at a CAGR of 4.66%. Owing to the increasing cosmetic care industry the market is likely to propel to US$ 3.28Billion by 2033.

Demand for silicone surfactants has been rising owing to their utility in the cosmetics industry. Personal care and grooming have become an important part of people’s lifestyles. This is driving the demand for cosmetic products.

Silicone surfactants are used in a wide range of personal care products such as shampoos, hair conditioners, body washes, and soaps, along with other skincare products, among others. Silicone surfactant is used as an ingredient in a variety of products, such as foaming agents, dispersants, emulsifiers, solubilizing agents, cleansers, and conditioners, among others, in the personal care industry.

The major factor driving the market is a growing demand from the personal care industry. The personal care industry is expected to account for the largest share of the silicone surfactant market over the forecast period.

The silicone surfactants market is currently growing due to the rising application scope in manufacturing paints, coatings, and inks. Silicone surfactants are primarily organic compounds derived from petrochemical raw materials such as benzene and ethylene, or oleo chemical raw materials such as palm oil or coconut oil.

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Key Takeaways from the Market Study

As of 2023, the silicone surfactants market was valued at US$2.08 Billion
From 2023 to 2033, the silicone surfactants industry is poised to grow at a 4.66% CAGR
By 2033, the silicone surfactants market is slated to reach a valuation of US$3.28 Billion
By application, the emulsifier segment accounted for the largest share of 31.5% and is expected to continue this trend over the forecast period.
China is poised to yield a CAGR of 4.56% with respect to silicone surfactants in 2033
Competitive Landscape

DOW Inc., Innospec, Momentive, Elkem Silicones, Shin-Etsu Chemical Co., Ltd., Evonik Industries AG, Andisil, Supreme Silicones, Siltech Corporation, Silibase Silicone are some of the key players in the silicone surfactants industry.

The manufacturers are involved in the production of silicon surfactants in a larger capacity. The global silicone surfactants market is consolidated with the presence of major international players. However, the presence of small- and medium-sized domestic players makes the market highly competitive

More Valuable Insights Available

FMI, in its new offering, presents an unbiased ****ysis of the silicone surfactants market, presenting historical demand data (2018-2022) and forecast statistics for the period of 2023-2033.

The study divulges essential insights on the Silicone Surfactants Market by Application (Emulsifiers, Foaming Agents, Defoaming Agents, Wetting Agents, Dispersants, Others) By Type (Water Soluble, Oil Soluble) by End-User (Personal Care, Construction, Textile, Paints Coatings, Agriculture, Others) By Region - Global Forecast 2023-2033

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