Acrylic Acid Market Analysis, By Product (Acrylate Esters, Glacial Acrylic Acid), By End-Use (Surfactants and Surface Coatings, Organic Chemicals, Adhesives, Textiles, Water Treatment, Personal Care Products), Bio Acrylic Acid Downstream Potential And Segment Forecasts To 2022
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Important: Covid19 pandemic market impact
Demand across the organic chemicals sector shall register a slump in growth albeit increasing demand for certain chemicals that find end applications in healthcare and food. Furthermore, China, a major supplier of chemicals to the world, registered a considerable decline in manufacturing in the first quarter of 2020, following the trajectory unfolded by COVID-19's escalation to a pandemic. This has led to an imbalance in supply-demand dynamics, forcing manufacturers and customers alike to renegotiate supply agreements. The report will account for Covid19 as a key market contributor.
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