Acrylic Acid Market Size and Share Analysis: Regional and Global Perspectives

The market for acrylic acid is approximated to be USD 11.7 billion in 2023, and it is projected to reach USD 13.8 billion by 2028 at a CAGR of 3.3%. The report analyses the acrylic acid market current trends, growth opportunities, competitive pricing, restraining factors, and boosters that may have an impact on the overall dynamics of the market. Acrylic acid is an organic compound known for its versatility and widespread industrial applications. It is a colorless liquid with a characteristic acrid odor and is used as a key precursor in the production of various polymers, including superabsorbent polymers used in diapers, adhesives, coatings, textiles, and more. Acrylic acid's reactivity and ability to polymerize make it a valuable ingredient in the creation of a range of materials essential to everyday life and various industries.

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