Bio based Acrylic Acid Market Report 2024 | Forecast, Market Size & Growth
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Report Insights: According to Cognitive Market Research, the global Bio-based Acrylic Acid Market size will be USD 415.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 16.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 166.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 124.68 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 95.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 18.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 20.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 8.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 15.9% from 2024 to 2031.
The paint and coatings category is the fastest growing segment of the Bio-based Acrylic Acid industry
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