Prismane

Global Polyacrylic Acid Market Demand & Forecast Analysis, 2016-2032

Polyacrylic acid (PAA), is a versatile and important chemical compound used in a various industry, including water treatment, personal care, pharmaceuticals, and agriculture. PAA is a water-soluble polymer derived from acrylic acid and is known for its ability to absorb and retain large amounts of water, making it useful in many applications. The global polyacrylic acid market is expected to experience significant growth in the coming years, driven by the increasing demand for Polyacrylic acid in water treatment, personal care, pharmaceuticals. One of the key drivers of the Polyacrylic acid market is the growing demand for water treatment chemicals. Polyacrylic acid is widely used in water treatment applications, as a flocculent and coagulant to remove impurities and improve water quality. Another major driver of the Polyacrylic acid market is the growing demand for superabsorbent polymers (SAPs). Superabsorbent Polymers (SAP) is used in a range of products, such as diapers, sanitary napkins, and adult incontinence products, to absorb and retain moisture. Polyacrylic acid is a key ingredient used in the production of SAPs, which is expected to boost demand for Polyacrylic acid in the coming years.

The Asia-Pacific region is expected to be the largest market for polyacrylic acid, on the back of presence of major polyacrylic acid producers and consumer mostly in China, Japan, South Korea, and ASEAN. China is expected to be the largest consumer of Polyacrylic acid market in the region, owing to increasing demand for water treatment chemicals and SAPs in the country. The presence of a large number of manufacturers in the region is also expected to contribute to the growth of the polyacrylic acid market in the Asia-Pacific region. The global polyacrylic acid market is highly competitive, with many manufacturers operating in the market. Some of the key players in the market include BASF SE, Nippon Shokubai, Arkema S.A., LG chemicals, and Sasol. These companies are focusing on expanding their production capacities and developing new products to cater to the growing demand for polyacrylic acid across various end-use industries.

In addition to its use in water treatment and personal care products, polyacrylic acid is also used in n the production of coatings, adhesives, and textiles, due to its ability to improve the adhesion and durability of these products. Polyacrylic Acid is also used in the agricultural industry as a soil conditioner and fertilizer. One of the major challenges faced by the polyacrylic acid market is the availability and cost of raw materials. Acrylic acid, which is the primary raw material used in the production of Polyacrylic Acid. Acrylic Acid is derived from propylene, which is a by-product of the petroleum industry. The prices of propylene are highly volatile, which can affect the profitability of Polyacrylic Acid manufacturers. Despite these challenges, the polyacrylic acid market is expected to continue to grow in the coming years, driven by the increasing demand for water treatment chemicals and SAPs. 

Dow chemicals and Saudi Arabia’s Al-Hejailan Group has formed a joint venture to construct and operate polyacrylic acid (PAA) and emulsion polymers plant in Plaschem Park, Saudi Arabia. The construction of 40 kilo tons plant was started in 2021 and expected to be completed by 2023. Al-Hejailan Group will operate the plant using Dow’s technology while Dow will market the produced products.

Scope of Report 

The Polyacrylic Acid report describes the global Polyacrylic Acid market, with focus on the country, applications and other end-use scenarios. The study provides:

Market Data & Forecast (Short-term, Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue 
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply-Demand Balance 
•  Polyacrylic Acid Market data in terms of volume and value for each end-use at regional and country level
•  Polyacrylic Acid Market analysis for Production, Capacity, Demand, at Regional and Country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook 
•  Industry & Policy Developments 
•  End-use Industry / Applications Market
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and Market Developments
•  Key Players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment

1.  Introduction
      •  Scope
      •  Market Coverage
          -  Applications
          -  Regions
          -  Countries
      •  Years Considered
          -  Historical - 2016 – 2020
          -  Base - 2022
          -  Forecast Period - 2022 – 2032
      •  Research Methodology
          -  Approach
          -  Research Methodology
          -  Prismane Consulting Market Models
          -  Assumptions & Limitations
          -  Abbreviations & Definitions
          -  Conversion Factors
          -  Data Sources
2.  Market Synopsis 
      •  Market Evolution
      •  Demand-Supply Overview
      •  Industry Structure
      •  Strategic Issues
      •  End-use Trends
      •  Growth Forecast
3.  Economic & Energy Outlook
      •  GDP and Demographics
      •  Monetary & Fiscal Policies
      •  Crude Oil Production and prices
      •  Natural Gas
      •  Electricity Prices
4.  End-use Sector Performance
      •  Cosmetic & Personal Care
      •  Industrial
      •  Pharmaceutical
      •  Paints & Coating
      •  Others
5.  Plants & Projects Analysis
      •  Polyacrylic Acid Production Capacity, by Company
      •  Polyacrylic Acid Production Capacity, by Country and by region
      •  Capacity Overview
6.  Introduction to Polyacrylic Acid and Market Overview 
      •  Product Description
      •  Grades & Properties
      •  Raw Material
      •  Manufacturing Process
      •  Environmental Issues
      •  Value Chain
      •  Applications
7.  Market Dynamics and Industry Trends 
      •  Market Dynamics 
          -  Drivers
          -  Restraints
          -  Opportunities
          -  Challenges
8.  Global Polyacrylic Acid Demand-Supply Analysis, By Applications (Volume, Value) (2016–2032)
      •  Strategic Issues
      •  Demand-Supply Analysis and Forecast (2016 – 2032)
          -  Capacity
          -  Capacity Utilization (%)
          -  Production
          -  Net Trade
          -  Demand
          -  Demand Growth Rate (%)
          -  Driving Force Analysis
      •  Global Polyacrylic Acid Market, By Applications
          -  Detergents
          -  Water Treatment
          -  Calcium Carbonate
          -  Paints & Coatings
          -  Personal Care
          -  Others
9.  Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2016– 2032)
      •  Strategic Issues
      •  Capacity
      •  Capacity Utilization (%)
      •  Production
      •  Net Exports
      •  Demand
      •  Demand Growth Rate (%)
      •  Polyacrylic Acid Market, By Applications
Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by applications, has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).
      •  North America
         -  USA
         -  Canada
         -  Mexico
      •  Western Europe
         -  Germany
         -  France
         -  Italy
         -  United Kingdom
         -  Spain
         -  Rest of Western Europe
      •  Central & Eastern Europe
         -  Russia
         -  Poland
         -  Rest of Central & Eastern Europe
      •  Asia-Pacific
         -  China
         -  Japan
         -  India
         -  South Korea
         -  Rest of Asia-Pacific
      •  Central & South America
         -  Brazil
         -  Argentina
         -  Rest of Central & South America
      •  Middle East & Africa
         -  GCC
         -  South Africa
         -  Iran
         -  Rest of Middle East & Africa
Note: CAGR will be calculated for all the applications to arrive at the regional/global demand growth for the forecast period (2022 – 2032)
10.  Pricing Analysis
      •  Average Polyacrylic Acid Prices, USD/Kg
      •  Average Polyacrylic Acid prices, by Country 
      •  Average Polyacrylic Acid prices, by Region
      •  Price Forecast
11.  Key Strategic Issues
12.  Business Opportunity Assessment 
      •  Market Attractiveness Assessment
      •  Prospective & Target Market Study
13.  Strategic Recommendation & Suggestions
14.  Company Analysis and Market Share Analysis
      •  Polyacrylic Acid Manufacturers Profiles/ Company Analysis
         -  Basic Details
         - Headquarters, Key Markets
         -  Ownership
         -  Company Financial
         -  Manufacturing Bases
         -  Global Turnover
         -  Total Employee
         -  Product Portfolio / Services / Solutions
         -  Key Business Strategies adopted and Prismane Consulting Overview
         -  Recent Developments
         -  Companies Covered
             -  BASF SE
             -  Arkema
             -  Evonik Industries
             -  LG Chem. Ltd.
             -  Nippon Shokubai
             -  Sasol
             -  Henan Qingshuiyuan
             -  Lubrizol
             -  Other Manufacturers
Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.
15.  Appendices
      •  Demand-Supply - Regions
      •  Demand-Supply– Countries
      •  Capacities, 2016-2032

Scope of Report 

The Polyacrylic Acid report describes the global Polyacrylic Acid market, with focus on the country, applications and other end-use scenarios. The study provides:

Market Data & Forecast (Short-term, Long-term)
•  Demand-Supply Analysis
•  Demand Composition, by Applications
•  Capacity & Production
•  Trade (Import, Export and Net Export)
•  Sales & Revenue 
•  Pricing Analysis
•  Market Dynamics

Country Summaries & Product Review
•  Supply-Demand Balance 
•  Polyacrylic Acid Market data in terms of volume and value for each end-use at regional and country level
•  Polyacrylic Acid Market analysis for Production, Capacity, Demand, at Regional and Country level
•  Historical, Current & Market Forecast
•  Macro-economic factors like GDP, Population and World Economic integration
•  Economic & Energy Outlook 
•  Industry & Policy Developments 
•  End-use Industry / Applications Market
•  Reasoning & Analysis
•  Insightful Commentary
•  Market Review
•  Comparative Analysis
•  Latest Trends and Market Developments
•  Key Players
•  Strategic Issues and Recommendations
•  Business Opportunity Assessment