South America Glacial Acrylic Acid Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis By Application (Nappies, Adult & Feminine Hygiene, Detergents, Adhesives, Coatings & Sealants, Water Treatment, and Others)


No. of Pages: 88    |    Report Code: TIPRE00027239    |    Category: Chemicals and Materials

South America Glacial Acrylic Acid Market
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The glacial acrylic acid market in South America is expected to grow from US$ 36.18 million in 2021 to US$ 41.92 million by 2028; it is estimated to grow at a CAGR of 2.1% from 2021 to 2028.

Glacial acrylic acid (2-Propenoic Acid) is a clear and colorless liquid with an acrid odor that is miscible with alcohol, water, and ethers. It is utilized in the composition of polymers and acrylate esters and as a feedstock for chemical syntheses. Glacial acrylic acid has various properties such as good weathering, flexibility, adhesion, hardness, and resistance to abrasion. The acid is utilized as an additive in various copolymer-based finishes, adhesives, coatings, inks, lubricants, and plastics. Besides, it is also used in a range of esters for drilling fluids, water treatment chemicals, detergent builders, mineral processing chemicals, and superabsorbent polymers. As a superabsorbent polymer, glacial acrylic acid is used to produce diapers and other hygiene products. Also, the acid can be copolymerized with acrylamides that acts as a flocculant in water purification. Moreover, glacial acrylic acid finds applications in several other end-products such as leather, textile, floor polish, scale inhibitors, plastics, hair styling, finishing products, paints, dispersants, vehicle paint, and thickeners. Thus, the wide application of glacial acrylic acid is anticipated to bolster its demand in end-use industries such as nappies; adult & feminine hygiene; detergents; adhesives, coatings & sealants; water treatment; and others during the forecast period.

 

Brazil reported the highest number of COVID-19 confirmed cases, followed by Argentina, Peru, Chile, and Ecuador. The government of South America has taken an array of actions to protect their citizens and contain the spread of novel coronavirus. It is anticipated that South America will face lower export revenues in coming months, both from the drop in commodity prices and reduction in export volumes across the world with the important trade partners. Containment measures in several countries of South America would reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America glacial acrylic acid market. The South America glacial acrylic acid market is expected to grow at a good CAGR during the forecast period.

 

South America Glacial Acrylic Acid Market Revenue and Forecast to 2028 (US$ Million)

  

South America Glacial Acrylic Acid Market Revenue and Forecast to 2028 (US$ Million)  

South America Glacial Acrylic Acid Market Segmentation

South America Glacial Acrylic Acid Market – By

Application

  • Nappies
  • Adult & Feminine hygiene
  • Detergents
  • Adhesives, Coatings & Sealants
  • Water Treatment
  • Others

South America Glacial Acrylic Acid Market – By

Country

  • Brazil
  • Argentina
  • Rest of SAM

South America Glacial Acrylic Acid Market – Companies Mentioned

  • The Dow Chemical Company
  • Arkema
  • BASF SE
  • Sasol
  • Tasnee
  • NIPPON SHOKUBAI CO., LTD.
  • FORMOSA PLASTICS CORPORATION

South America Glacial Acrylic Acid Strategic Insights

Strategic insights for the South America Glacial Acrylic Acid provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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South America Glacial Acrylic Acid Report Scope

Report Attribute Details
Market size in 2021 US$ 36.18 Million
Market Size by 2028 US$ 41.92 Million
Global CAGR (2021 - 2028) 2.1%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Application
  • Nappies
  • Adult & Feminine Hygiene
  • Detergents
  • Adhesives
  • Coatings & Sealants
  • Water Treatment
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • The Dow Chemical Company
  • Arkema
  • BASF SE
  • Sasol
  • Tasnee
  • NIPPON SHOKUBAI CO., LTD.
  • FORMOSA PLASTICS CORPORATION
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    South America Glacial Acrylic Acid Regional Insights

    The geographic scope of the South America Glacial Acrylic Acid refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    The List of Companies - South America Glacial Acrylic Acid Market

    1. The Dow Chemical Company
    2. Arkema
    3. BASF SE
    4. Sasol
    5. Tasnee                                        
    6. NIPPON SHOKUBAI CO., LTD.
    7. FORMOSA PLASTICS CORPORATION
    Frequently Asked Questions
    How big is the South America Glacial Acrylic Acid Market?

    The South America Glacial Acrylic Acid Market is valued at US$ 36.18 Million in 2021, it is projected to reach US$ 41.92 Million by 2028.

    What is the CAGR for South America Glacial Acrylic Acid Market by (2021 - 2028)?

    As per our report South America Glacial Acrylic Acid Market, the market size is valued at US$ 36.18 Million in 2021, projecting it to reach US$ 41.92 Million by 2028. This translates to a CAGR of approximately 2.1% during the forecast period.

    What segments are covered in this report?

    The South America Glacial Acrylic Acid Market report typically cover these key segments-

    • Application (Nappies, Adult & Feminine Hygiene, Detergents, Adhesives, Coatings & Sealants, Water Treatment)

    What is the historic period, base year, and forecast period taken for South America Glacial Acrylic Acid Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South America Glacial Acrylic Acid Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in South America Glacial Acrylic Acid Market?

    The South America Glacial Acrylic Acid Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • The Dow Chemical Company
  • Arkema
  • BASF SE
  • Sasol
  • Tasnee
  • NIPPON SHOKUBAI CO., LTD.
  • FORMOSA PLASTICS CORPORATION
  • Who should buy this report?

    The South America Glacial Acrylic Acid Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South America Glacial Acrylic Acid Market value chain can benefit from the information contained in a comprehensive market report.

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