What is Polyacrylic Acid?
Polyacrylic Acid (PAA) is a synthetic polymer. It is made by synthesizing it in water solutions using potassium persulfate and sodium pyrosulfate, which creates a radical polymerization reaction. Iron sulfate pentahydrate is also added as a chain length regulator. PAA is found in both powder as well as liquid forms offering variety of application areas. Few of the applications of PAA include waste water treatment, manufacturing of cosmetics, manufacturing of industrial cleaners and detergents, paints, coating, etc. The market of polyacrylic acid depends upon the growth of the end user industry. Geographically, Asia Pacific and North America are the prominent markets of PAA.
The market study is broken down by Type (Co-Polymer, Homo-Polymer and Ter-Polymer), by Application (Waste Water Treatment, Detergents and cleaners, Paints, Coatings and Inks, Superabsorbent Polymers and Others) and major geographies with country level break-up.
BASF SE (Germany), Dow Chemical (United States), Lubrizol Corporation (United States), Ashland Global Specialty Chemicals Inc. (United States), Arkema S.A (France), Kemira Oyj (Finland), NIPPON SHOKUBAI CO., LTD. (Japan), Polysciences, Inc. (United States), Protex International SA (France) and ZEEL PRODUCT (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are CHEMTEX SPECIALITY LTD. (India), Hebei Qige Biotechnology Co., Ltd. (China) and Maxwell Additives Pvt. Ltd. (India).
AdvanceMarketAnalytics has segmented the market of Global Polyacrylic Acid market by Type, Application and Region.
On the basis of geography, the market of Polyacrylic Acid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Polyacrylic Acid market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Liquid will boost the Polyacrylic Acid market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2020, Lubrizol Corporation, United States based Speciality Chemicals Manufacturers announced acquisition of Avid Product Development, LLC which is provider of 3D Printing enabled manufacturing services and other engineering solutions. The acquisition will help Lubrizol expand its engineering and manufacturing capabilities.
In 2021, Arkema S.A., French market leader in speciality chemicals and advanced materials manufacturing announced the completion of acquisition of Poliplas Ltda. The acquisition was made through Arkema’s Bostik adhesives division. Poliplas has established its name as market innovator in development of hybrid-technology sealants and adhesives. Thus strengthening Arkema’s Brazilian Footprint and its adhesives market portfolio.
- Waste Water Treatment will be Major Driver
- The Growth of End Use Industries will drive the Demand of Polyacrylic Acid
- Intensified Research and Development in Suberabsorbent Polymers
- Increasing Investment in Bio Based Materials Offers Future Growth Opportunities
- Stringent Regulations against the Manufacturing of Polyacrylic Acid
- Innovating in Sustainable Manufacturing Process for PAA Development
Key Target AudiencePolyacrylic Acid Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
About ApproachDuring this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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