Acrylic Acid Market - Global Industry Growth, Share, Opportunities, Competitive Analysis and Forecast 2016 – 2022 – Credence Research
In 2014, the global industry for acrylic acid was valued USD 9.50 billion and is projected to reach USD 15.43 billion by 2022 growing at a CAGR of 6.8% from 2015 to 2022. In terms of volume in 2014 the global industry for acrylic acid was 5.00 million tons and is projected to reach 7.10 million tons by 2022 growing at a CAGR of 5.0% from 2015 to 2022. Rising demand of acrylic acid from wide range of end user applications such as construction, automotive and packaging sectors is one of the major factors driving the industry growth. Untapped economies such as Middle East, North East Asia, Eastern Europe and Latin America offers huge growth potential. Environmental concerns and health hazards associated with acrylic acid is one of the major factor inhibiting the industry growth. However, commercial production of bio based acrylic acid is one of the most promising factor which will drive growth over the coming years.acrylic-acid-industry Browse The Full Report At htt...