Product Code: ETC089300 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
USA Acrylic Acid market currently, in 2023, has witnessed an HHI of 1042, Which has decreased slightly as compared to the HHI of 1092 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The United States acrylic acid market is experiencing steady growth due to its wide-ranging applications in industries such as adhesives, paints and coatings, textiles, and personal care products. The increasing demand for super absorbent polymers in the hygiene products sector, along with the growing construction and automotive industries, is driving the market forward. Additionally, the rising disposable income and changing consumer preferences towards eco-friendly products are further boosting the demand for acrylic acid-based products. Key players in the US acrylic acid market include Dow Chemical Company, Arkema, BASF SE, and Nippon Shokubai Co., Ltd., who are focusing on technological advancements and strategic partnerships to maintain their market positions. However, challenges such as volatile raw material prices and environmental concerns regarding acrylic acid production processes may hinder market growth in the coming years.
In the United States Acrylic Acid Market, some current trends include a growing demand for superabsorbent polymers (SAP) used in various industries such as personal care products, agriculture, and construction. The increasing focus on sustainability and environmental regulations has also led to the development of bio-based acrylic acid production processes. Additionally, with the rise of e-commerce and online retailing, there is a rising demand for acrylic acid-based adhesives and coatings for packaging materials. The market is also witnessing collaborations and partnerships between key players to enhance production capabilities and expand their market presence. Overall, the US Acrylic Acid Market is experiencing steady growth driven by evolving consumer preferences, technological advancements, and sustainability initiatives.
In the US Acrylic acid market, some challenges are faced due to the increasing competition from international markets, fluctuating raw material prices, and stringent environmental regulations. The competition from lower-cost producers in other regions can put pressure on US-based acrylic acid manufacturers to remain cost-competitive. Fluctuating prices of key raw materials, such as propylene, can impact the overall production costs and profitability of acrylic acid manufacturers. Additionally, strict environmental regulations regarding emissions and waste disposal can increase compliance costs for companies operating in the acrylic acid market. These challenges require US acrylic acid manufacturers to continuously innovate in terms of production processes, supply chain management, and sustainability initiatives to remain competitive in the market.
The US Acrylic acid market presents several investment opportunities due to its increasing demand in various industries such as adhesives, coatings, and water treatment. With the growing construction and automotive sectors in the US, there is a consistent need for acrylic acid-based products, driving market growth. Additionally, the shift towards eco-friendly and sustainable products is leading to the development of bio-based acrylic acid, opening up new investment avenues. Investing in research and development of innovative acrylic acid derivatives or production technologies can be lucrative. Collaborating with key market players or investing in capacity expansions to meet the rising demand can also be profitable strategies in the US Acrylic acid market. Overall, the market offers diverse investment opportunities for those looking to capitalize on the increasing demand for acrylic acid and its derivatives in the US.
The US government regulates the Acrylic acid market through various policies aimed at ensuring safety, environmental protection, and fair competition. The Environmental Protection Agency (EPA) has established guidelines for the safe production, handling, and disposal of Acrylic acid to minimize environmental impact and protect public health. Additionally, the Occupational Safety and Health Administration (OSHA) enforces workplace safety standards for Acrylic acid manufacturers and users to prevent occupational hazards. Trade policies and tariffs may also impact the Acrylic acid market, influencing imports and exports. Overall, government policies in the US Acrylic acid market focus on promoting sustainability, safety, and fair trade practices to support the industry`s growth and protect stakeholders.
The United States Acrylic acid market is poised for growth in the coming years, driven by factors such as increasing demand from end-use industries like paints and coatings, adhesives, and textiles. The market is expected to benefit from the rising trend of eco-friendly and sustainable products, with acrylic acid being a key component in the production of water-based coatings and adhesives. Additionally, the construction industry`s growth and the increasing usage of acrylic acid in personal care products are expected to further boost market growth. However, challenges such as volatile raw material prices and environmental concerns regarding acrylic acid production processes may hinder market expansion. Overall, technological advancements and innovations in acrylic acid production are likely to play a significant role in shaping the future landscape of the US Acrylic acid market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United States (US) Acrylic acid Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Acrylic acid Market Revenues & Volume, 2021 & 2027F |
3.3 United States (US) Acrylic acid Market - Industry Life Cycle |
3.4 United States (US) Acrylic acid Market - Porter's Five Forces |
3.5 United States (US) Acrylic acid Market Revenues & Volume Share, By Product, 2021 & 2027F |
3.6 United States (US) Acrylic acid Market Revenues & Volume Share, By End-users, 2021 & 2027F |
4 United States (US) Acrylic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United States (US) Acrylic acid Market Trends |
6 United States (US) Acrylic acid Market, By Types |
6.1 United States (US) Acrylic acid Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Acrylic acid Market Revenues & Volume, By Product, 2018 - 2027F |
6.1.3 United States (US) Acrylic acid Market Revenues & Volume, By Acrylate Esters, 2018 - 2027F |
6.1.4 United States (US) Acrylic acid Market Revenues & Volume, By Glacial Acrylic Acid, 2018 - 2027F |
6.1.5 United States (US) Acrylic acid Market Revenues & Volume, By Others, 2018 - 2027F |
6.2 United States (US) Acrylic acid Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Acrylic acid Market Revenues & Volume, By Surfactants and Surface Coatings, 2018 - 2027F |
6.2.3 United States (US) Acrylic acid Market Revenues & Volume, By Organic Chemicals, 2018 - 2027F |
6.2.4 United States (US) Acrylic acid Market Revenues & Volume, By Water Filtration, 2018 - 2027F |
6.2.5 United States (US) Acrylic acid Market Revenues & Volume, By Adhesives and Sealants, 2018 - 2027F |
6.2.6 United States (US) Acrylic acid Market Revenues & Volume, By Textiles, 2018 - 2027F |
6.2.7 United States (US) Acrylic acid Market Revenues & Volume, By Water Treatment, 2018 - 2027F |
6.2.8 United States (US) Acrylic acid Market Revenues & Volume, By Others, 2018 - 2027F |
6.2.9 United States (US) Acrylic acid Market Revenues & Volume, By Others, 2018 - 2027F |
7 United States (US) Acrylic acid Market Import-Export Trade Statistics |
7.1 United States (US) Acrylic acid Market Export to Major Countries |
7.2 United States (US) Acrylic acid Market Imports from Major Countries |
8 United States (US) Acrylic acid Market Key Performance Indicators |
9 United States (US) Acrylic acid Market - Opportunity Assessment |
9.1 United States (US) Acrylic acid Market Opportunity Assessment, By Product, 2021 & 2027F |
9.2 United States (US) Acrylic acid Market Opportunity Assessment, By End-users, 2021 & 2027F |
10 United States (US) Acrylic acid Market - Competitive Landscape |
10.1 United States (US) Acrylic acid Market Revenue Share, By Companies, 2021 |
10.2 United States (US) Acrylic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |