Polyacrylic Acid Market Growth Analysis & Trends Forecast by
Regions to 2025
“The Global Polyacrylic Acid Market is expected to reach USD 3.79 billion by
2025, growing at a CAGR of 6.0%, according to a new report by Hexa Reports.
Asia Pacific is the largest as well as the fastest growing consumer of the
industry.”
The Global Polyacrylic Acid Market is expected to reach USD 3.79 billion by 2025, growing at a CAGR of 6.0%,
according to a new report by Hexa Reports. Asia Pacific is the largest as well as the fastest growing consumer
of the industry. China is projected to drive the product demand on account of rising consumer awareness
regarding the multifunctional ingredients incorporated in laundry detergents and household cleaners.
Use of polyacrylic acid in superabsorbent polymers is expected to pave way for industry growth in China in the
next couple of years. Furthermore, rising initiatives towards enhancing crop yield and optimum utilization of
water resources in agricultural processing is anticipated to propel the usage of superabsorbent polymers in
China, ultimately boosting the product consumption in the future.
In terms of volume, detergents & cleaners segment is expected to rise at a CAGR of 5.0% from 2017 to 2025.
Rise in the consumption of liquid based laundry detergents in China is likely to propel the product demand
over the next couple of years. Rise in the stringency of environmental protection laws coupled with significant
capital expenditure on treating industrial water & wastewater is another growth driving factor.
Browse Detail Report With TOC @ http://www.hexareports.com/report/polyacrylic-acid-market
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