Companies Dominating the Acrylic Acid Landscape
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The global acrylic acid market is mainly driven by increasing demand for superabsorbent polymers (SAP) in personal care products. Companies leverage their large-scale manufacturing capabilities, natural distributor networks, and hold large shares in the marketplace. The most common strategic initiatives that industry leaders employ to sustain their competitive advantages in the acrylic acid market are expanding their production capacity, technology advancement, and innovation towards sustainability. The initiatives of the competitive set represent the industry's larger objectives, moving towards sustainability and innovation, which helps sustain long-term growth and meet changing legal obligations. Here is the list of companies operating in the market.
Some of the key players operating in the market are listed below:
|
Country of Origin |
Estimated Market Share (%) |
|
|
BASF SE |
Germany |
15.1% |
|
The Dow Chemical Company |
United States |
12.1% |
|
Nippon Shokubai Co., Ltd. |
Japan |
10.1% |
|
Arkema S.A. |
France |
8.1% |
|
LG Chem Ltd. |
South Korea |
7.1% |
|
Formosa Plastics Corporation |
Taiwan |
xx% |
|
Sasol Limited |
South Africa |
xx% |
|
Evonik Industries AG |
Germany |
xx% |
|
Shanghai Huayi Acrylic Acid Co., Ltd. |
China |
xx% |
|
Wanhua Chemical Group Co., Ltd. |
China |
xx% |
|
Zhejiang Satellite Petrochemical Co., Ltd. |
China |
xx% |
|
Hexion Inc. |
United States |
xx% |
|
Indian Oil Corporation Ltd. |
India |
xx% |
|
Reliance Industries Limited |
India |
xx% |
Here are a few areas of focus covered in the competitive landscape of the market:
