Glacial Acrylic Acid Market was valued at USD 2.6 Billion in 2021, and is expected to reach USD 3.48 Billion by 2029, exhibiting a CAGR of 3.7 % during the forecast period 2022-2029.
A white solid that can be kept at room temperature is glacial acrylic acid. Because it is an ester of acrylic acid and alcohol, glacial acrylic acid can be employed as a solvent or dispersion for solid particles in water-based pigmentary compositions including paints, coatings, and printing inks. Due to its great purity, minimal coloration, and odorlessness, it is in high demand by the chemical industry for a variety of uses. Because it is gentle on skin, glacial acrylic acid is utilised as an emulsifier in personal hygiene products like soaps and detergents. Superabsorbent polymers (SAP), which are widely utilised by the chemical industry for water treatment applications such as oil spill management, wastewater treatment, etc., are made from it as a raw material.
In order to create acid-functional and crosslinked acrylic copolymers as well as polyacrylic acids, glacial acrylic acid (GAA), an unsaturated carboxylic acid co-monomer, is typically employed as a building block. 2-Propenoic acid is another name for glacial acrylic acid. As a co-monomer in a wide variety of acrylic and vinyl acrylic polymerbased finishes, coatings, sealants, adhesives, inks, thickeners, flocculants, lubricants, and others, glacial acrylic acid offers considerable benefits. GAA is used to create polymers that are employed in a variety of products, including detergents, superabsorbent polymers, and medical hydrogels.
Regions, end users, and purity level are the categories used to segment the glacial acrylic acid. Glacial acrylic acid (GAA) can be divided into glacial acrylic acid 100% and glacial acrylic acid 80% based on purity level. Chemicals, water treatment, and detergents make up the three main market segments by end users. The market for glacial acrylic acid is segmented based on application into diapers, adult and feminine hygiene, detergents, adhesives, coatings & sealants, water treatment, and others. Throughout the forecast period, the nappies segment dominated the market. Additionally, the category for nappies has the highest CAGR and is increasing the fastest. Superabsorbent polymers, which are widely used in disposable baby diapers, utilise glacial acrylic acid. Cross-linked polyacrylates are superabsorbent polymers because they can hold 100 times more liquid than their own weight.
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The main trend in the market for glacial acrylic acid is technological advancement. A paradigm change in the market’s technology has been seen as a result of efficient research and development efforts and an increase in investments by new and creative companies. The combination of tools, procedures, or systems of connected connections that belongs to a business or an individual and constitutes proprietary technology gives its owners a competitive advantage. With the development of technology, the producers have found numerous applications for glacial acrylic acid that have great promise.
Global Glacial Acrylic Acid Market: Major Players
BASF
Arkema
Mitsubishi Chemical
DOW
Shandong kaitai petrochemical
Idemitsu Kosan
LG Chem
Sanmu Group
Sasol
Wanhua Chemical
Jiangsu Jurong Chemical
CNOOC
Nippon Shokubai
Shanghai Huayi Acrylic Acid
Hexion
Formosa Plastics
Zhejiang Satellite Petro Chemical
Global Glacial Acrylic Acid Market: Types
Glacial Acrylic Acid For Super Absorbent Polymers(sap)
Glacial Acrylic Acid For Polyacrylates
Glacial Acrylic Acid For Detergent Cobuilders
Global Glacial Acrylic Acid Market: Applications
Chemical Industry
Water Treatment Industry
Detergent Industry
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Reasons to Purchase the Glacial Acrylic Acid Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
