Summary
Europe Acrylic Acid Market Segmented by Product type, Application and Geography Trends and Forecasts( 2017-2022). Acrylic acid and its derivatives are widely used in industrial processing. The major markets for acrylic acid and its derivatives include surface coatings, adhesives, plastic additives and co-monomers. Acrylic esters include methyl acrylate, butyl acrylate, ethyl acrylate, 2-ethylhexyl acrylate
Description
Europe Acrylic Acid Market is expected to grow steadily, with a CAGR of over 4 %, to reach value of USD 4.5 billion by 2019..
Acrylic acid and its derivatives are widely used in industrial processing. The major markets for acrylic acid and its derivatives include surface coatings, adhesives, plastic additives and co-monomers. Acrylic esters include methyl acrylate, butyl acrylate, ethyl acrylate, 2-ethylhexyl acrylate and others. It is also used to produce polyacrylic acid or cross-linked polyacrylic acid compounds, which are used in the manufacture of super absorbent polymers. These polymers have wide range of applications in hygienic products, detergents, and waste water treatment chemicals.
Stringent government regulations pertaining to the environmental safety & human health and volatile prices of the raw materials are restricting the growth of the market globally. Lack of sufficient supply of propylene( the main feedstock for petroleum-based acrylic acid) is a major constrain in the market. Also, there has not been a single no new capacity added in this region during the past few years.
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The European acrylic acid market report analysis has been segmented by derivative types into acrylic esters, acrylic polymers( glacial) and other derivatives. The report also provides segmentation by applications as: surface coatings, adhesives & sealants, plastic additives, surfactants & flocculants and others.
The European acrylic acid market is dominated by large multinational corporations. This report presents regional market analysis that provides insights into market size, growth and forecast. The European acrylic acid market report is also segmented geographically as Germany, UnitedKingdom, France and the rest of Europe.
The major players in the European acrylic acid market are:
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