Report Update: Feb 1, 2025

World - Acrylic Acid And Its Salts And Other Monocarboxylic Acid - Market Analysis, Forecast, Size, Trends And Insights

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Monocarboxylic acid market

Monocarboxylic acid market: enjoy recently published facts and figures empowered by an Ai-driven market research platform. Information contain exports, imports, consumption, trade, market size, production, companies, and market prices. Here is a breakdown by country, including the U.S., the U.K., EU, Africa, China, Russia, Latin America, and the Middle East. Market dynamics and forecast to 2030 are also provided in the dashboards.

Monocarboxylic Acid - World's Largest Markets

Rating	Country
1	China
2	India
3	Mexico
4	United States
5	Ethiopia

In value terms, the largest monocarboxylic acid markets worldwide were China, India and Mexico, with a combined 49% share of the global market.

In terms of the main consuming countries, China saw the highest growth rate of market size, over the period under review, while monocarboxylic acid market for the other global leaders experienced more modest paces of growth.

Monocarboxylic Acid Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Russia	1230	1072	746	-22.1%
Indonesia	1194	1008	797	-18.3%
Malaysia	1206	982	799	-18.6%
Czech Republic	1374	1239	967	-16.1%
Brazil	1531	1491	1069	-16.4%
Belgium	1351	1441	1267	-3.2%
South Korea	1935	1960	1529	-11.1%
Germany	2121	2020	1912	-5.1%
United States	2285	3211	2282	-0.1%
Netherlands	3112	2307	3292	2.9%
China	3478	4019	4234	10.3%
Japan	3646	3247	4597	12.3%
India	6815	6942	5267	-12.1%
Average	2757	2911	2681	-1.4%

Prices varied noticeably by the country of origin; the country with the highest price was India ($5,267 per ton), while Russia ($746 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United States	5097	6685	8264	27.3%
Brazil	3225	3408	5364	29.0%
United Kingdom	2114	2360	2607	11.0%
Netherlands	2057	1868	2075	0.4%
Belgium	1920	2100	1886	-0.9%
India	1903	1676	1812	-2.4%
Germany	2175	2340	1811	-8.8%
South Korea	1805	1619	1743	-1.7%
China	2545	1703	1587	-21.0%
Turkey	1313	1662	1541	8.3%
France	2068	1881	1500	-14.8%
Malaysia	2376	2114	1390	-23.5%
Thailand	1519	1586	1252	-9.2%
Average	2665	2719	2993	6.0%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($8,264 per ton), while Thailand ($1,252 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Brazil, while the other global leaders experienced more modest paces of growth.

Monocarboxylic Acid - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.4	0.4	0.4	8.9%
Brazil	0.07	0.05	0.2	54.2%
Netherlands	0.1	0.1	0.1	6.3%
Belgium	0.1	0.1	0.1	-5.7%
China	0.08	0.1	0.1	15.4%

In value terms, the United States ($430M) constitutes the largest market for imported acrylic acid and its salts and other monocarboxylic acid worldwide, comprising 19% of global imports. The second position in the ranking was occupied by Brazil ($165M), with a 7.3% share of global imports. It was followed by the Netherlands, with a 4.9% share.

In the United States, monocarboxylic acid imports expanded at an average annual rate of +8.9% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+54.2% per year) and the Netherlands (+6.3% per year).

Monocarboxylic Acid - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.7	0.8	0.7	0.3%
Germany	0.2	0.2	0.2	-2.7%
Japan	0.1	0.2	0.2	8.9%
Belgium	0.09	0.08	0.1	9.6%
India	0.2	0.2	0.09	-25.2%

In value terms, China ($730M) remains the largest monocarboxylic acid supplier worldwide, comprising 36% of global exports. The second position in the ranking was occupied by Germany ($233M), with a 11% share of global exports. It was followed by Japan, with a 7.5% share.

From 2018 to 2020, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: Germany (-2.7% per year) and Japan (+8.9% per year).

Monocarboxylic Acid - Market Forecast

Driven by increasing demand for monocarboxylic acid 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.

Monocarboxylic Acid - 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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global monocarboxylic acid market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143310 - Acrylic acid and its salts and other monocarboxylic acid

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024