The latest market analysis report presented by Reports and Data is titled ‘Global Polyacrylic Acid Market.’ The report provides a comprehensive view of the Polyacrylic Acid market, including in-depth information about the key market segments and sub-segments. In this report, our team of market researchers has highlighted the key market dynamics such as market revenue growth drivers, restraints, trends, opportunities, supply & demand ratios, shifting consumer tastes & preferences, changing production & consumption patterns, and technological breakthroughs. Key challenges and barriers to industry growth, such as stringent government regulations and policies and potential market threats and risks, have also been assessed in the report. The latest report offers quantitative and qualitative market insights, and hence, highlights the industry annual sales, regional outlook, and industry statistics.
Widespread use of household cleaning products and laundry and dishwashing detergents, as well as presence of key end-user industry players in the country such as Unilever plc, Reckitt Benckiser, and The Procter & Gamble Company, are two major factors driving the market revenue growth.
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This product has high water solubility and absorbability. It is polymerized with acrylic acid monomers, is commercially available in both liquid and dry formulations, and is widely used in a variety of industries as a dispersant, thickener, binder, antiscalant, and intermediate. Their consumption has been concentrated in Asia Pacific, North America, Europe, and Central and South America in recent years. Revenue growth in water and wastewater treatment, detergents, and Household, Institutional, and Industrial (HI&I) cleaners sectors in in these regions is expected to drive global demand during the forecast period. The recent Coronavirus outbreak had a significant impact on the market.
Leading Players– Ashland Global Specialty Chemicals Inc. (U.S.), Arkema S.A. (France), BASF SE (Germany), Kemira Oyj (Finland), The Lubrizol Corporation (U.S.), Nippon Shokubai Co. Ltd (Japan), The Dow Chemical Company (U.S.), Henan Qingshuiyuan Technology CO., Ltd., (China), Aurora Fine Chemicals (U.S.), Zouping Dongfang Chemical Co., Ltd. (China), Acuro Organics Limited (U.S.), Maxwell Additives Pvt. Ltd (India), Chemtex Speciality Limited (India), Polysciences, Inc.(U.S.), PROTEX INTERNATIONAL (France), Evonik Industries AG (Germany)
Key Factors Driving the Global Materials & Chemicals Market Growth
The global materials & chemicals market revenue is primarily attributed to factors such as growth are fast-paced industrialization globally, rising demand for raw materials and chemicals in the buildings & construction, food & beverage, pharmaceutical, agriculture, textile, and pulp & paper industries, and increasing demand for essential consumer goods including packaged foods & beverages, household hygiene products, and personal care products & cosmetics. Increasing industrial applications of specialty chemicals, surge in demand for high-performance, organic agrochemicals, growing environmental awareness among consumers, growing need for eco-friendly and sustainable raw materials & chemicals, and increasing government investments in the materials & chemicals industry are other factors driving revenue growth of this market.
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Type Outlook (Revenue, USD Billion; 2019-2030)
- Industrial Grade
- Cosmetic Grade
- Pharmaceutical Grade
Application/End-use Outlook (Revenue, USD Billion; 2019-2030)
- Personal Care and Cosmetics
- Water & Wastewater Treatment
- Paints, Coatings, and Inks
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The Polyacrylic Acid Report Supports the Facts Below:
Industry Verifiable Interest Patterns and Future Improvement Study – Polyacrylic Acid Market Financial backers will pursue their business choices in light of authentic and extended execution of the market Polyacrylic Acid as far as development patterns, income commitment, and market development rate.
Market Drivers, Cutoff points and Potential open doors – The market is profoundly assessed by an ebb and flow market circumstance, for example, market development variables and imperatives. Furthermore, here we can examine the most recent industry news and its effect on the Polyacrylic Acid business.
Industry Chain Investigation – The investigation of industry chain structure consolidates subtleties connected with provider’s and purchaser’s data. Besides, the report groups the top makers of Polyacrylic Acid business in light of their creation base, cost structure, Product creation process, spending on unrefined components and work expense.
Future Venture Practicality – The Polyacrylic Acid market report incorporates an itemized clarification about the at various times patterns of the market has been tracking with future investigation might worry with the market development.
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