Global Bio-based Acrylic Acid Market 2025: Split By Source (Glucose, Glycerol and Raw Sugar), Applications (Adhesives, Personal Care Products, Plastic Additives, Surfactants & Surface coatings)

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Acrylic Acid is a commodity chemical which has been historically made from petroleum. But now it can be made from bio-mass which is widely used in a wide variety of commercial and consumer products. The list of common household items that are manufactured using acrylic acid is endless.

According to a new report published by Reports Monitor titled, “Bio-based Acrylic Acid Market By Source, and Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Bio-based Acrylic Acid Market is projected to grow rapidly  from 2017 to 2025. North America dominates the Bio-based Acrylic Acid Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.  

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Acrylic Acid is a commodity chemical which has been historically made from petroleum. But now it can be made from bio-mass which is widely used in a wide variety of commercial and consumer products. The world’s consumption of acrylic acid has been booming and uncertain conditions in the Middle East are driving up the oil prices. As a result of which the chemical industry has started to search for a biological alternative to petroleum based acrylic acid.

Bio based acrylic acid can be manufacture by using glucose, glycerol and raw sugar. Increased focus on green ways has pushed companies towards the development of bio-acrylic acid. Favorable governments regulations to adopt renewable and sustainable sources is likely to support companies in bio based acrylic acid market. Bio based acrylic acid market has witnessed joint-ventures and key-partnership development over the past few years to utilize knowledge and experience of technology developers. Dow & OPXbio and Cargill & Novozymes are the examples of such partnerships, engaged in development of bio based acrylic acids. 

Bio-based Acrylic Acid Market has been segmented majorly on the basis of Source (Glucose, Glycerol and Raw Sugar), Applications (Adhesives, Personal Care Products, Plastic Additives, Surfactants & Surface coatings and others). 

Asia Pacific is expected to be largest market for bio based acrylic acids. India and China are dominating this region with high consumption in personal care products, adhesives, surfactants and others. 

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Key Question Answered:

• What will be the market size in 2025 and at what rate it will grow?

• What trends, barriers, challenges are influencing its growth?

• Who are the major key players in Global Bio-based Acrylic Acid Market and what are their strategies?

• Which vertical industry is expected to show major growth?

• What segment and region will lead the market and why? 

The major companies profiled in the report include: Akema, BASF, ChemChina, CNPC, DOW Dupont, Formosa, Hexion, Idemitsu Kosan, Jurong Chem, LG Chem, Mitsubishi Chem and Nippon Shokubai. 

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The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.

Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.

The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.

1. Introduction

1.1. Market Definition

1.2. Market Scope

2. Research Methodology

2.1. Primary Research

2.2. Secondary Sources

2.3. Assumptions & Exclusions

3. Market Overview

3.1. Research Report Segmentation & Scope

3.2. Key Market Trend Analysis

3.2.1. Market Drivers

3.2.2. Market Restraint/Challenges

3.2.3. Market Opportunities

3.3. Porter’s Five Forces Analysis

3.4. Potential Venture Avenues

3.5. Market Share Analysis, 2016

4. Source Overview

4.1. Introduction

4.2. Market Size & Forecast, 2015 to 2025

4.2.1. Glucose

4.2.2. Glycerol

4.2.3. Raw Sugar

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

5. Applications Overview

5.1. Introduction

5.2. Market Size & Forecast, 2015 to 2025

5.2.1. Adhesives

5.2.2. Personal Care Products

5.2.3. Plastic Additives

5.2.4. Surfactants & Surface coatings

5.2.5. Others

(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

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