The new report by Informes de Expertos titled, ‘Latin America Polyacrylic Acid Market 2023-2028’ , presents an extensive review of the factors positively reflecting the market landscape and explores the aspects in terms of form, type, application, and the key regions. The report also explores market restraints and market challenges, based on Porter’s five forces models, together with a SWOT analysis. In addition, the market is assessed in terms of past and future trends and their subsequent influence on the algorithm. The study involves a thorough research, spanning price indicators and market actors, illustrating the impacts on the market dynamics and outlook.
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Los aspectos más destacados del informe son:
Visión General del Mercado (2018-2028)
• CAGR del Periodo de Pronóstico (2023-2028): 4,20%
Algunos de los posibles motores del mercado del ácido poliacrílico en América Latina son el aumento de la industrialización y de la actividad constructora, la creciente demanda de tratamiento de aguas y de aguas residuales, y la mayor concienciación sobre los beneficios medioambientales del uso de productos a base de ácido poliacrílico. Además, las normativas e iniciativas gubernamentales destinadas a reducir la contaminación del agua y mejorar su calidad también pueden impulsar la demanda de ácido poliacrílico en la región.
Asimismo, la creciente adopción del poliacrílico como sustituto de materiales tradicionales, como el vidrio y el metal, y el aumento de la concienciación sobre los beneficios medioambientales del poliacrílico, como sus propiedades de ligereza y eficiencia energética, están impulsando el crecimiento del sector. Los avances tecnológicos, que han llevado al desarrollo de nuevos productos y aplicaciones de poliacrílico, junto con la rápida urbanización e industrialización de las economías emergentes, están impulsando la demanda de poliacrílico en la construcción y otras industrias. Como resultado, en 2021, el mercado demostró un fuerte crecimiento con un valor de USD 107 millones.
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Industry Definition and Major Segments
Polyacrylic acid (PAA) is a synthetic polymer made up of repeating units of acrylic acid. It is a water-soluble polymer that can be used in a variety of applications such as water treatment, as a thickening agent, a dispersant, and a protective colloid. It is commonly used as a dispersant in paint, as a thickening agent in personal care products, and as a flocculant in water treatment. PAA is also used as a super-absorbent in disposable diapers and in other absorbent products.
By form, the market is bifurcated into:
• Liquid
• Powder
Based on type, the market can be segregated into:
• Co-Polymer
• Homo-Polymer
• Ter-Polymer
On the basis of application, the market can be segmented into:
• Water and Wastewater Treatment
• Detergents and Cleaners
• Paints, Coatings, and Inks
• Superabsorbent Polymers
• Others
Key regions covered include:
• Brazil
• Argentina
• Mexico
• Others
Market Trends
The polyacrylic acid market is expected to experience significant growth in the coming years, driven by the increasing demand for polyacrylic acid in water treatment applications. This is due to its ability to remove impurities from water, making it a popular choice for industrial and municipal water treatment. There is also a growing adoption of polyacrylic acid in the personal care and cosmetics industry. Polyacrylic acid is used in products such as lotions, creams, and shampoos as a thickening agent, emulsion stabilizer, and pH adjuster.
As it is used as a scale inhibitor and corrosion inhibitor in oil and gas production to prevent the build-up of mineral deposits and protect equipment, there is a rising use of polyacrylic acid in the oil and gas industry. Advancements in technology leading to the development of new polyacrylic acid products with improved properties. The demand in the textiles industry is also burgeoning as it can be used as softener, anti-shrink agent, and wrinkle recovery agent. Moreover, growing awareness about the environmental benefits of polyacrylic acid, as it is biodegradable and non-toxic, making it a preferred choice in many applications.
Key Market Players
The major players in the market are:
• Ashland Global Holdings Inc.
• Dow Chemical Company
• Nippon Shokubai Co., Ltd.
• Kao Chemical Corporation
• The Lubrizol Corporation
• Evonik Industries AG
• Others
This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.
About Us
Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
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