Global acrylic acid market expected to grow on increased demand for superabsorbent polymers, which account for 30% of consumption, forecasts new Merchant Research & Consulting study
May 19, 2011
– For more than a decade acrylic use has become extremely popular in two areas that are the production of superabsorbent polymers and detergent polymers. These superabsorbent polymers have been reported to contribute nearly 30% of the world's acrylic acid market consumption and are considered to propel future growth on the global acrylic acid market.
The leading suppliers of acrylic acid report foreseeable production growth rates to be up to 5% in the coming years. However the financial crisis has curbed this trend to some degree – many producers had to postpone or even abandon the construction of new acrylic acid production facilities.
Detailed review and forecast on global, regional and country markets of acrylic acid can be found in the new market research report “Acrylic Acid (AA): 2011 World Market Outlook And Forecast” that covers present situation, historical background and future forecast and addresses comprehensive data showing acrylic acid capacities, production, consumption, trade statistics, and prices in the recent years are provided (globally, regionally and by country).
The report also indicates a wealth of information on acrylic acid producers and suppliers, covers acrylic acid production in the respective country, major acrylic acid producers, acrylic acid consumption in the country market, acrylic acid trade in the country, acrylic acid prices. Acrylic acid market forecast for next five years, including market volumes and prices is also provided.
The study on acrylic acid has been completed by Merchant Research & Consulting Ltd, an internationally recognized market research agency, specializing in chemical industry. “Acrylic Acid (AA): 2011 World Market Outlook And Forecast” is included into the catalogue “Alcohols, Acids & Esters”, which also highlights Acrylic Acid, Acrylonitrile, Ethanol, Ethylene Oxide, Isopropanol, Propylene Glycol, Sulfuric Acid, Propylene Oxide markets.
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