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Global polycarboxylic acids market reach new: Furthermore,
Global polycarboxylic acids market reach:
Jun 29. Similarly, 2025
IndexBox has just published a new report: World – Polycarboxylic Acids – Market Analysis, Forecast, Size, Trends and Insights.
The demand for polycarboxylic acids is expected to continue increasing globally, with market performance showing a steady upward trend. However, A Compound Annual Growth Rate (CAGR) of +2.6% in volume and +3.1% in value is predicted from 2024 to 2035. Consequently, leading to a substantial expansion in market volume and value by the end of the forecasted period.
Market Forecast – Global polycarboxylic acids market reach – Global polycarboxylic acids market reach new
Driven by increasing demand for polycarboxylic acids worldwide. Nevertheless, the market is expected to continue an upward consumption trend over the next decade. Consequently, Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.6% for the period from global polycarboxylic acids market reach new 2024 to 2035. In addition, which is projected to bring the market volume to global polycarboxylic acids market reach 44M tons by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.1% for the period from 2024 to 2035, which is projected to bring the market value to $66.1B (in nominal wholesale prices) by the end of 2035.
Consumption – Global polycarboxylic acids market reach – Global polycarboxylic acids market reach new
World’s Consumption of Polycarboxylic Acids – Global polycarboxylic acids market reach – Global polycarboxylic acids market reach new
After six years of growth, consumption of polycarboxylic acids decreased by -2.8% to 33M tons in 2024. Moreover, The total consumption volume increased at an average annual rate of +2.8% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. For global polycarboxylic acids market reach new example, The most prominent rate of growth was recorded in 2021 with an increase of 8.2%. Nevertheless. Therefore, Global consumption peaked at 34M tons in 2023, and then contracted modestly in the following global polycarboxylic acids market reach year.
The global polycarboxylic acid market value amounted to $47.2B in 2024, flattening at the previous year. However, This figure reflects the total revenues of producers. Consequently, importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Meanwhile, Overall, the total consumption indicated tangible growth from 2013 to 2024: its value increased at an average annual rate of +2.4% over the last eleven years. Consequently, The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Moreover, Based on 2024 figures, consumption decreased by -5.5% against 2022 indices. In addition, Global consumption peaked at $49.9B in 2022; however, from 2023 to global polycarboxylic acids market reach new 2024, consumption stood at a somewhat lower figure.
Consumption By Country – Global polycarboxylic acids market reach – Global polycarboxylic acids market reach new
The countries with the highest volumes of consumption in 2024 were China (6.5M tons), the United States (3.4M tons) and India (2.7M tons), together comprising 38% of global consumption. However, global polycarboxylic acids market reach However. Meanwhile, Brazil, Mexico, Turkey, Indonesia, Pakistan, Japan and Vietnam lagged somewhat behind, together accounting for a further 27%.
From 2013 to 2024. Consequently. the most notable rate of growth in terms of consumption, amongst the main consuming countries, was attained by Vietnam (with a CAGR of +11.7%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, the largest polycarboxylic acid markets worldwide were the United States ($7.5B), China ($6.1B) and Brazil ($3.3B), with a combined 36% share of the global market. In addition, Mexico, India, Turkey, Japan, Indonesia, Pakistan and Vietnam lagged somewhat behind, global polycarboxylic acids market reach new together accounting for a further 25%.
In terms of the main consuming countries, Turkey, with a CAGR of +10.6%. In addition. recorded the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with global polycarboxylic acids market reach the highest levels of polycarboxylic acid per capita consumption in 2024 were. Turkey (16 kg per person). For example, Mexico (11 kg per person) and the United States (10 kg per person).
From 2013 to 2024. Therefore. the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Vietnam (with a CAGR of +10.6%), while consumption for the other global leaders experienced more modest paces of growth.
Production – Global polycarboxylic acids market reach – Global polycarboxylic acids market reach new
World’s Production of Polycarboxylic Acids
In 2024, approx. Moreover, 36M tons of polycarboxylic acids were produced worldwide; global polycarboxylic acids market reach new growing by 2.5% against 2023 figures. The total output volume increased at an average annual rate of +3.8% over the period from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 9.8%. Over the period under review. global production reached global polycarboxylic acids market reach the maximum volume in 2024. is expected to retain growth in years to come.
In value terms, polycarboxylic acid production rose to $48.9B in 2024 estimated in export price. Overall, the total production indicated pronounced growth from 2013 to 2024: its value increased at an average annual rate of +3.0% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, production decreased by -4.7% against 2022 indices. The pace of growth global polycarboxylic acids market reach new was the most pronounced in 2021 when the production volume increased by 29% against the previous year. Over the period under review, global production attained the maximum level at $51.3B in 2022; however, from 2023 to 2024, production failed to regain momentum.
Production By Country
The country with the largest volume of polycarboxylic acid production was China (12M tons). accounting for 35% of total volume. Moreover. polycarboxylic acid global polycarboxylic acids market reach production in China exceeded the figures recorded by the second-largest producer, South Korea (3.2M tons), fourfold. The third position in this ranking was taken by the United States (2.7M tons), with a 7.7% share.
From 2013 to 2024, the average annual growth rate of volume in China amounted to +17.3%. The remaining producing countries recorded the following average annual rates of production growth: South Korea (-2.3% per year) and the United States (-0.2% per year).
Imports
World’s Imports of Polycarboxylic Acids
In 2024, global polycarboxylic acids market reach new overseas purchases of polycarboxylic acids decreased by -4.5% to 13M tons, falling for the second year in a row after two years of growth. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review. global imports hit record highs at 15M tons in 2022. however, from 2023 to global polycarboxylic acids market reach 2024, imports failed to regain momentum.
In value terms, polycarboxylic acid imports dropped to $17B in 2024. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 57%. Global imports peaked at $21B in 2022; however, from 2023 to 2024, imports stood at a somewhat lower figure.
Imports By Country
In 2024, India (2.4M tons), distantly followed by Turkey (1.5M tons), Vietnam global polycarboxylic acids market reach new (1M tons), the United States (1M tons) and Lithuania (0.6M tons) were the major importers of polycarboxylic acids, together achieving 49% of total imports. The following importers – Italy (501K tons). Japan (465K tons). Germany (463K tons), Spain (450K tons) and Saudi Arabia (434K tons) – together made up 17% of total imports.
From 2013 to 2024, the biggest increases were recorded for Vietnam (with a CAGR of +15.3%), while purchases for the other global leaders experienced global polycarboxylic acids market reach more modest paces of growth.
In value terms, India ($2.2B), Turkey ($2B) and the United States ($1.6B) constituted the countries with the highest levels of imports in 2024, with a combined 34% share of global imports. Vietnam, Italy, Germany, Japan, Spain, Lithuania and Saudi Arabia lagged somewhat behind, together accounting for a further 27%.
Vietnam, with a CAGR of +11.8%. recorded the highest rates of growth with regard to the value global polycarboxylic acids market reach new of imports. among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2024, the average polycarboxylic acid import price amounted to $1,278 per ton, increasing by 2.4% against the previous year. Overall, the import price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 35%. Over the period under review. average import global polycarboxylic acids market reach prices attained the maximum at $1. 469 per ton in 2013; however, from 2014 to 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers. the country with the highest price was the United States ($1,581 per ton), while India ($892 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of global polycarboxylic acids market reach new growth in terms of prices was attained by Turkey (-0.3%), while the other global leaders experienced a decline in the import price figures.
Exports
World’s Exports of Polycarboxylic Acids
In 2024. shipments abroad of polycarboxylic acids was finally on the rise to reach 15M tons after two years of decline. Overall, total exports indicated pronounced growth from 2013 to 2024: its volume increased at an average annual rate of +2.5% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The global polycarboxylic acids market reach most prominent rate of growth was recorded in 2021 with an increase of. 20% against the previous year. Over the period under review. the global exports hit record highs in 2024 and are likely to continue growth in years to come.
In value terms, polycarboxylic acid exports amounted to $16.4B in 2024. Over the period under review, exports, however, global polycarboxylic acids market reach new continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 62%. The global exports peaked at $19.5B in 2022; however, from 2023 to 2024, the exports failed to regain momentum.
Exports By Country
In 2024, China (6.2M tons) represented the largest exporter of polycarboxylic acids, creating 40% of total exports. South Korea (2.8M tons) ranks second in terms of the total exports with an 18% share, followed by Thailand (7.9%) and Taiwan (Chinese) (7.7%). The following exporters – Belgium (574K tons). the global polycarboxylic acids market reach Netherlands (371K tons). Canada (348K tons), Malaysia (346K tons), the United States (320K tons) and Poland (279K tons) – together made up 14% of total exports.
China was also the fastest-growing in terms of the polycarboxylic acids exports, with a CAGR of +24.9% from 2013 to 2024. At the same time, Canada (+24.4%), Malaysia global polycarboxylic acids market reach new (+5.4%), Taiwan (Chinese) (+3.3%) and Thailand (+1.7%) displayed positive paces of growth. By contrast, South Korea (-2.8%), the Netherlands (-2.9%), Poland (-4.2%), Belgium (-6.0%) and the United States (-7.1%) illustrated a downward trend over the same period. From 2013 to 2024, the share of China and Canada increased by +36 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($5.8B) remains the largest polycarboxylic acid supplier worldwide, comprising 35% of global exports. The second position in the ranking was held by South Korea ($2.4B), with global polycarboxylic acids market reach a 15% share of global exports. It was followed by Taiwan (Chinese), with an 8.1% share.
From 2013 to 2024, the average annual growth rate of value in China stood at +16.2%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-5.5% per global polycarboxylic acids market reach new year) and Taiwan (Chinese) (+2.0% per year).
Export Prices By Country
In 2024, the average polycarboxylic acid export price amounted to $1,060 per ton, waning by -5.4% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 35% against the previous year. Over the period under review. the average export prices hit record highs at $1. 403 per ton in 2013; however, from 2014 to 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the global polycarboxylic acids market reach major exporting countries. In 2024. amid the top suppliers. the country with the highest price was the United States ($2,380 per ton), while Thailand ($763 per ton) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms global polycarboxylic acids market reach new of prices was attained by the United States (+1.9%), while the other global leaders experienced a decline in the export price figures.
Source: IndexBox Market Intelligence Platform
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