C&M: Global market for acrylic acid and its derivatives driven by increased demand for super-absorbent polymers
Global Acrylic Acid and its Derivatives Market 2014-2018 - a new market research report on companiesandmarkets.com
PR-Inside.com: 2014-03-20 14:30:04
The Global Acrylic Acid and its Derivatives market is to grow at a CAGR of 6.64 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increased demand for super-absorbent polymers which are formed by the polymerization of acrylic acid.
The Global Acrylic Acid and its Derivatives market has also been witnessing the increasing production of bio-based acrylic acid from sugar feedstock. However, the increasing cost of raw materials such as propylene and brent crude oil, which are used for the production of acrylic acid, could pose a challenge to the growth of this market.
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