Bio-acrylic Acid Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast (2022 - 2027)
The global bio-acrylic acid market size is forecast to reach US$9.2 billion in 2027 after growing at a CAGR of 7% during 2022-2027. The bio-acrylic acid market is on the rise owing to its eco-friendly and renewability nature as compared to conventional organic acids. Superabsorbent polymer is projected to contribute hugely to the market’s growth. Superabsorbent polymers come with excellent large volumes of liquid absorption and retaining quality which makes them suitable for fluid-containing products such as diapers, absorbent medical dressings, adult incontinence pads, etc. Acrylic esters dominated the market in the last few years. The acrylic esters are segmented into ethyl acrylate, methyl acrylate, hydroxypropyl acrylate, ethylhexyl acrylate, and butyl acrylate. Corn is anticipated to drive the bio-acrylic acid market’s growth owing to its renewable nature and increasing environmental concerns. The high usage of paints and coatings in the expanding construction activity is expecte...