Emerging Innovations in Acrylic Acid Derivatives
According to a recent study by Future Market Insights, the global sales of acrylic acid is projected to grow at a CAGR of 4.3% from 2024 to 2034, reaching a value of USD 18,203.4 million by 2034, up from USD 11,983 million in 2024. The rise in demand for methacrylate-based polymers for the manufacturing of lighting fixtures, glazing, automotive rear lights, and electronic displays has witnessed significant growth, which in turn, represents prominent growth in the acrylic acid market over the analysis period. Acrylic acid-based polymers have replaced conventionally used materials in major end-use industries, such as automotive, building and construction, electronics, and others. Acrylic acid-based elastomers such as AEM (Ethylene Acrylic Elastomers), are used as an alternative to synthetic rubber in various applications, such as an automotive gasket, hoses, and others. Request Your Sample and Stay Ahead with Our Insightful Report ! In addition, owing to the improved propertie...