360 Research Reports has released a new report on Bio-based Acrylic Acid Market, The report is full of crucial insights on the market which will help the clients in making correct business decisions. This research will help both existing and new aspirants for Bio-based Acrylic Acid Market to figure out and study market requirements, market size, and competition. The report talks about the supply and demand scenario, the competitive market scene, challenges for market growth, market opportunities, and the threats faced by key players.
Final Report will add the analysis of the impact of COVID-19 on this industry.
This report studies the Bio-based Acrylic Acid market size (value and volume) by players, regions, product types and end industries, history data 2014-2019 and forecast data 2020-2026; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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Global Bio-based Acrylic Acid market competition by top manufacturers, with production, price, and revenue (value) and market share for each manufacturer; the top players including:
Short Description about Bio-based Acrylic Acid Market:
The acrylic acid industry has seen significant change over the past two decades. With the closure of acetylene-based and acrylonitrile-based plants in the 1990s, the production of acrylic acid via two-stage propylene oxidation became the preferred and dominant method of production for acrylic acid producers, globally. Currently, licensors and technology holders of two-stage propylene oxidation technology are looking to improve their processes with new catalyst formulations, modifications to reactor design, and/or establishing operational best-practices through newly optimized parameters. The next decade, however, will give rise to a new wave of technologies particularly, bio-based routes to acrylic acid.
Currently, only Cargill is producing bio-based acrylic acid, also it is not on industrial scale production. Owing to high production costs and technical barriers, companies are able to produce bio-based acrylic acid. Compared with acrylic acid, bio-based acrylic acid cost is high which result that no downstream consumers willing to purchase bio-based acrylic acid. We predict that there will be no industrial scale production in following 5 years. Europe major manufacturers include BASF, DOW, Arkema, LG Chem and Hexion. In Europe, acrylic acid market concentration is high. Total sales share of those five suppliers is 95.24% in 2017. During them, BASF is market leader in Europe, whose sales amount is 644.9 K MT in 2017. Followed by BASF, Arkema is the second largest supplier in Europe. Europe major consumption regions are distributed in Germany, France, Belgium, Italy, United Kingdom and Netherlands etc. Germany is the largest consumption region, which consumed 534.9 K MT in 2017. France and Belgium are separately the second and third largest consumption regions. During past five years, Europe acrylic acid consumption increased from 1274 K MT in 2013 to 1314.2 K MT in 2017, with an average increase rate of 0.78%. Due to the increase of raw material price, acrylic acid price increased from 2017. Currently, Europe average acrylic acid price is 1318 USD/MT. Driven by increasing downstream demand, Europe acrylic acid consumption will keep increasing. By 2024, Europe consumption will be 1591 K MT.
With tables and figures helping analyze worldwide Global Bio-based Acrylic Acid market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Bio-based Acrylic Acid Breakdown Data by Type:
Bio-based Acrylic Acid Breakdown Data by Application:
This Bio-based Acrylic Acid Market Research/Analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is used for Bio-based Acrylic Acid?
- What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Bio-based Acrylic Acid Market?
- What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Market Status of Bio-based Acrylic Acid Market?
- What Was Capacity, Production Value, Cost and PROFIT of Bio-based Acrylic Acid Market?
- What Is Current Market Status of Bio-based Acrylic Acid Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Bio-based Acrylic Acid Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Bio-based Acrylic Acid Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- What Is Bio-based Acrylic Acid Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Bio-based Acrylic Acid Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Bio-based Acrylic Acid Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Bio-based Acrylic Acid Industry?
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Bio-based Acrylic Acid market along with Report Research Design:
Bio-based Acrylic Acid Market Historic Data (2015-2019):
- Industry Trends: Global Revenue, Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Bio-based Acrylic Acid Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
Bio-based Acrylic Acid Market Forecast (2020-2026):
- Market Size Forecast: Global Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
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