The global Polyacrylic Acid market was valued at US$ 476.9 million in 2019 and it is expected to reach US$ 706 million by the end of 2026, growing at a CAGR of 5.7% during 2021-2026.
Polyacrylic Acid (PAA; trade name Carbomer) is a synthetic high-molecular weight polymer of acrylic acid. They may behomopolymers of acrylic acid, orcrosslinked with anallyletherofpentaerythritol, allyl ether ofsucrose, or allyl ether ofpropylene.
Lubrizol, Tinci Materials, SNF Floerger, Evonik and Sumitomo Seika are the top 5 players of the Polyacrylic Acids market, and they hold key technologies and patents, with high-end customers and have been formed in the monopoly position in the industry.
In 2018, the top 5 manufacturers have already occupied more than 50% of PAA market and are expected to remain in the leading position in the next few years.
Asia-Pacific was the largest sales market in 2018, with a proportion of 48%, and this region will continually enlarge in the next few years. Europe and North America ranked 2 and 3, which were also important.
Global Polyacrylic Acid Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Polyacrylic Acid Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Lubrizol, Tinci Materials, SNF Floerger, Evonik, Sumitomo Seika, Newman Fine Chemical, Corel, DX Chemical, Ashland, Dow, Basf, Nippon Shokubai and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-polyacrylic-acid-market-research-report
Segment by Type
- Industrial Grade
- Cosmetic Grade
- Pharmaceutical Grade
In industrial applications, the water treatment industry has a major market share, with consumption exceeding 4,400 tons in 2018, accounting for 12.26% of the Polyacrylic Acid (PAA) market.
Segment by Application
- Personal Care and Cosmetics
- Water & Wastewater Treatment
- Paints, Coatings and Inks
The most proportion of Carbomer used is for personal care and cosmetics, and the proportion is about 50.75% in 2018. Followed by the pharmaceutical industry. In 2018, the proportion of PAA used in pharmaceutical was 27.47%.
Table of Content:
1 Polyacrylic Acid Market Overview
2 Polyacrylic Acid Market Competition by Manufacturers
3 Polyacrylic Acid Retrospective Market Scenario by Region
4 Global Polyacrylic Acid Historic Market Analysis by Type
5 Global Polyacrylic Acid Historic Market Analysis by Application
6 Key Companies Profiled
7 Polyacrylic Acid Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Polyacrylic Acid Market Dynamics
10 Global Polyacrylic Acid Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.