Unsaturated monocarboxylic market

Unsaturated Monocarboxylic - World's Largest Markets

In value terms, the largest unsaturated monocarboxylic, acyclic polycarboxylic acids and their derivatives markets worldwide were China, India and the United States, with a combined 55% share of the global market. Japan, Brazil, Mexico, Germany, Russia, Indonesia, South Korea, Taiwan (Chinese), Turkey and the UK lagged somewhat behind, together accounting for a further 21%.

Germany (+96.3% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while market of unsaturated monocarboxylic, acyclic polycarboxylic acids and their derivatives for the other global leaders experienced more modest paces of growth.

Unsaturated Monocarboxylic, Acyclic Polycarboxylic Acids and their Derivatives Prices

Unsaturated Monocarboxylic, Acyclic Polycarboxylic Acids and Their Derivatives - Top Importers

In value terms, the largest unsaturated monocarboxylic, acyclic polycarboxylic acids and their derivatives importing markets worldwide were the United States ($1.2B), India ($872M) and Germany ($848M), together comprising 24% of global imports. China, Belgium, the Netherlands, Italy, France, South Korea, Turkey, Spain, Mexico and Malaysia lagged somewhat behind, together comprising a further 40%.

Among the main importing countries, Belgium saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced a decline in the imports figures.

Unsaturated Monocarboxylic, Acyclic Polycarboxylic Acids and Their Derivatives - Top Exporters

In value terms, China ($2.6B) remains the largest unsaturated monocarboxylic, acyclic polycarboxylic acids and their derivatives supplier worldwide, comprising 25% of global exports. The second position in the ranking was occupied by the United States ($1.2B), with a 11% share of global exports. It was followed by Germany, with a 10% share.

In China, exports of unsaturated monocarboxylic, acyclic polycarboxylic acids and their derivatives shrank by an average annual rate of -11.1% over the period from 2018-2020. In the other countries, the average annual rates were as follows: the United States (-11.1% per year) and Germany (-25.7% per year).

Unsaturated Monocarboxylic, Acyclic Polycarboxylic Acids and Their Derivatives - Market Forecast

Driven by increasing demand for unsaturated monocarboxylic, acyclic polycarboxylic acids and their derivatives worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Unsaturated Monocarboxylic, Acyclic Polycarboxylic Acids and Their Derivatives - Top Companies

BASF SE, PETRONIKA, PT, Hebei Huiyuan Coking & Gas Making Group Co., Ltd., SAUDI BASIC INDUSTRIES CORPORATION (SABIC), BASF Corporation, Braskem S/A, PPG Switzerland GmbH, Umicore SA, SHIN-ETSU CHEMICAL CO., LTD., MITSUI CHEMICALS,INC., FORMOSA CHEMICALS & FIBRE CORP., Shanxi Zhuoli Funing Biological Chemical Co., Ltd., Wanhua Chemical Group Co., Ltd., TOSOH CORPORATION, B.A.S.F. Antwerpen N.V. NV, SHOWA DENKO K.K., Sun Chemical AG, UBE INDUSTRIES, LTD., Sika Schweiz AG, MITSUBISHI GAS CHEMICAL COMPANY,INC.

Unsaturated Monocarboxylic - Product Coverage

• HS 291611 - Acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its salts
• HS 291616 - Acids; unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives, binapacryl (ISO)
• HS 291619 - Acids; unsaturated acyclic monocarboxylic, cyclic monocarboxylic, their anhydrides, halides, peroxides and peroxyacids; their halogenated, sulphonated, nitrated or nitrosated derivatives, n.e.c. in item no. 2916.1
• HS 291620 - Acids; cyclanic, cyclenic or cycloterpenic monocarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and their derivatives
• HS 291612 - Acids; unsaturated acyclic monocarboxylic acids; esters of acrylic acid
• HS 291613 - Acids; unsaturated acyclic monocarboxylic acids; methacrylic acid and its salts
• HS 291614 - Acids; unsaturated acyclic monocarboxylic acids; esters of methacrylic acid
• HS 291615 - Acids; unsaturated acyclic monocarboxylic acids; oleic, linoleic or linolenic acids, their salts and esters
• HS 291631 - Acids; aromatic monocarboxylic acids, benzoic acid, its salts and esters
• HS 291632 - Acids; aromatic monocarboxylic acids, benzoyl peroxide and benzoyl chloride
• HS 291634 - Acids; aromatic monocarboxylic acids, phenylacetic acid and its salts
• HS 291639 - Acids; aromatic monocarboxylic acids, n.e.s. in item no. 2916.3
• HS 291711 - Acids; acyclic polycarboxylic acids; oxalic acid, its salts and esters
• HS 291713 - Acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esters
• HS 291719 - Acids; acyclic polycarboxylic acids; n.e.s. in item no. 2917.1
• HS 291720 - Acids; cyclanic, cyclenic or cycloterpenic polycarboxylic acids, their anhydrides, halides, peroxides, peroxyacids and derivatives
• HS 291712 - Acids; acyclic polycarboxylic acids; adipic acid, its salts and esters
• HS 291714 - Acids; acyclic polycarboxylic acids; maleic anhydride