The Thai Acrylic Acid Market to Reach 32 K Tons By 2023
The Thai acrylic acid market was equal to 33 thousand tons in 2013. The only usage that has not been decreasing during 2013-2017 is superabsorbent polymers. Until 2023, the Thai market is forecast to reach 32 thousand tons, thus growing at a CAGR of about 1.3% per annum in the period 2018-2023. This is an increase, compared to the decline at a CAGR of around -3.18% per year, registered in 2013-2017. There is likely to be no Thai production of acrylic acid in the medium term.
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