According to the report published by Allied Market Research, the global glacial acrylic acid market generated $2.4 billion in 2021 and is projected to reach $3.5 billion by 2031, growing at a CAGR of 3.7% from 2022 to 2031. Glacial acrylic acid (GAA) is a clear, colorless liquid with a characteristic acrid odor. It is miscible with water, alcohols and ethers. It is a simple carboxylic acid and the basic building block of acrylic polymers used in many applications.
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The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
The key players analysed in the global glacial acrylic acid market report include Arkema, BASF SE, BASF PETRONAS Chemicals Sdn. Bhd., Dow Inc, Formosa Plastics Corporation, U.S.A, Hexion Inc., LG Chem, Mitsubishi Chemical Holdings Corporation, Nippon Shokubai Co Ltd, Novomer Inc, Sanmu Group, and Shandong Kaitai Petrochemical Co., Ltd. Other players operating in the glacial acrylic acid market include Cargill, Incorporated, Novozymes, and Sasol.