Bio-Acrylic Acid Market Size, Opportunities, Top Companies, Growth, Trends, Regional Analysis, Key Segments and Forecast to 2027

Bio-Acrylic Acid Market Size, Opportunities, Top Companies, Growth, Trends, Regional Analysis, Key Segments and Forecast to 2027

“Browse 148 market data Tables and 37 Figures spread through 164 Pages and in-depth TOC on “Bio-Acrylic Acid Market””
The bio-acrylic acid market is burgeoning with increasing adoption in eco-friendly products such as biodegradable polymers and detergents. Key drivers include sustainability initiatives and advancements in biotechnology, fostering market growth globally, particularly in Europe and North America.

The Bio-Acrylic Acid market is estimated to be worth USD 0.4 billion in 2022 and is projected to reach 0.9 billion by 2027, at a CAGR of 15.6%. Bio-acrylic acid is considered a more sustainable and environmentally friendly alternative to traditional acrylic acid, as it reduces the dependence on non-renewable resources and can potentially reduce greenhouse gas emissions associated with traditional acrylic acid production. It is used in a variety of applications, including the production of plastics, coatings, adhesives, and superabsorbent polymers.

Download PDF Brochure:  

Bio-Acrylic Acid Companies

The major applications of Bio-Acrylic Acid include paints and coatings, surfactants, adhesives and sealants, textiles, and sanitary products. China and India are projected to be the growth engines for the global bio-acrylic acid market.

The demand for Bio-Acrylic Acid is mainly furnished by players manufacturing for various end-use industries. Some of the leading companies involved in the manufacturing of Bio-Acrylic Acid are Arkema SA (France), BASF SE (Germany), LG Chem Ltd.(Korea), China Petroleum and Chemical Corporation (China), NIPPON SHOKUBAI CO., LTD(Japan), The Dow Chemical Company (US), Evonik Industries AG (Germany), and SIBUR (Russia) and others are covered in the Bio-Acrylic Acid market. These companies, along with other regional companies, cater to the demand for Bio-Acrylic Acid.

Request Sample Pages: 

BASF SE (Germany) is engaged in the chemical manufacturing and distribution of chemicals, performance goods, functional materials, and agricultural products. The company’s products are used in various end-use industries, including chemical and plastics, automotive, coatings, oilfield, construction, furniture, packaging, textiles, and pharmaceuticals. The company operates through five segments: Chemicals, Materials, Surface Technologies, Industrial Solutions, and Agricultural Solutions. The company offers acrylic acid products through its Chemicals segment. The company is one of the prominent manufacturers of acrylic acid and acrylates, with six production sites across the globe.

China Petroleum and Chemical Corporation (China), popularly known as Sinopec Corp, is an integrated energy and chemical company in China. The company deals with the production and supply of petroleum, natural gas, petrochemical, and chemical products. The company classifies its business operation into five segments: Marketing and Distribution, Chemicals, Refining, Exploration and Production, and Corporate and Others. It offers a wide range of products and services in various businesses, including exploration and oil production, refining and sales, chemicals, and research and development. The company offers acrylic acid under its Chemicals segment.

LG Chem Ltd. is involved in the petrochemicals, pharmaceuticals, and specialty businesses. Basic chemicals such as ethylene, propylene, and their derivatives, as well as PVC, acrylates, and engineering plastics, are produced by the petrochemicals plant. The company has created a vertically integrated system in the petrochemicals business, from fundamental raw materials such as ethylene and propylene to downstream products such as PE, ABS, acrylates, and synthetic rubber. The advanced materials division manufactures rechargeable batteries, RO filters, IT materials, semiconductors, and other technologically advanced products. The company offers acrylates through the petrochemical division. It has approximately 25 chemical subsidiaries and approximately 15 electronic subsidiaries.

Request Customization:  

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States