The UK acrylic acid and its salts market has shown varied trends over the past decade, with fluctuations like the significant drops in 2016 and 2017 countered by strong rebounds in subsequent years. In 2023, the market volume stood at 30.258 million kilograms, reflecting a modest year-on-year growth of 0.5%. Over the last five years, the compound annual growth rate (CAGR) was 1.32%, suggesting gradual recovery and stability compared to the earlier decade.
Future trends to watch include:
- Innovation in production methods that improve cost efficiencies and reduce environmental impact.
- Increased demand for superabsorbent polymers used in hygiene products could drive market growth.
- Potential regulatory changes concerning chemical manufacturing and environmental policies.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 51,709,000 | 2023 | +4.66% | +3.75% | View data |
| 2 | 2 United Kingdom | 30,258,000 | 2023 | +0.5% | +1.32% | |
| 3 | 3 Italy | 17,968,000 | 2023 | -2.75% | -2.51% | View data |
| 4 | 4 Spain | 15,732,000 | 2023 | +0.3% | +0.85% | View data |
| 5 | 5 Austria | 2,472,100 | 2023 | +1.67% | +2.97% | View data |
