Boston, MA -- (SBWIRE) -- 01/04/2017 -- Acrylic acid is an organic compound that is colorless and has a characteristic acrid odor. It is an unsaturated carboxylic acid with a vinyl group. Its derivatives mainly include acrylic esters and polymers. The major derivative of acrylic acid is acrylic ester, which accounts for the half of the world demand. Unrefined acrylic acid is used to make acrylates and other derivatives that are mostly used in paint, textile, adhesives, personal care, and coatings.

Technavio's analysts forecast the global acrylic acid and its derivatives market to grow at a CAGR of 6.54% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global acrylic acid and its derivatives market for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of acrylic acid and its derivatives across major regions by considering 2015 as the base year.

Get More Details on this Report and a Full Table of Contents at Global Acrylic Acid and its Derivatives Market 2016-2020

The market is divided into the following segments based on geography:

-APAC
-North America
-Europe
-ROW

Technavio's report, Global Acrylic Acid and Its Derivatives Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Arkema
-BASF
-Evonik Industries
-Mitsubishi Chemical Holdings
-Nippon Shokubai

Market driver

-Use of acrylic coatings in insulation applications
-For a full, detailed list, view our report

Market challenge

-Concerns regarding health and environment
-For a full, detailed list, view our report

Market trend

-Growing preference for acrylic hybrid technologies
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Arkema, BASF, Evonik Industries, Mitsubishi Chemical Holdings, Nippon Shokubai

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