ACRYLIC ACID MARKET ANALYSIS

Acrylic Acid Market, By Derivatives (Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2-Ethylhexyl Acrylate, Glacial Acrylic Acid, Super Absorbent Polymers, and Others), By Applications (Paints and Coatings, Adhesives and Sealants, Surfactants, Sanitary Products, Textiles, and Other Applications), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

In 2023, Inauguration Ceremony Heldfor a New Acrylic Acid Facility in Indonesia
In May 2023, Nippon Shokubai Indonesia (NSI), a subsidiary of Nippon Shokubai, inaugurated a new acrylic acid (AA) facility in Banten, Indonesia. The plant has a production capacity of 100,000 MT/Y, and Nippon Shokubai says that its total AA production capacity in Indonesia is now 240,000 t/yr.
In 2023, Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that it has reached an agreement with Air Liquide Engineering & Construction to acquire rights to license and market ester grade acrylic acid technology, and light and heavy acrylates process technology
In April 2022, Wanhua Chemical announced plans to build a chemical complex in Penglai, China, by 2024, with a total investment of USD 3.6 Bn