Global PAA Scale Inhibitor Sales Will Increase To 286.9 K MT In 2018
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Currently, there are several producing companies in the world PAA scale inhibitor industry. The main players are BASF, DOW, Lubrizol, Arkema and Nippon Shokubai. The global sales of PAA scale inhibitor will increase to 286.9 K MT in 2018 from 239.7 K MT in 2013 with average growth rate of 3.68%.
In consumption market, North America and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 82% of the global consumption volume in total.
PAA scale inhibitor has several types, which include acrylic acid homopolymer, acrylic acid / maleic acid copolymer and acrylic acid / sulfonic acid copolymer. And each type has different application people and places relatively. With dispersive effect of PAA scale inhibitor, the downstream application industries will need more PAA scale inhibitor products. So, PAA scale inhibitor has a huge market potential in the future.
The major raw materials for PAA scale inhibitor are acrylic acid, maleic acid, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of PAA scale inhibitor. The production cost of PAA scale inhibitor is also an important factor which could impact the price of PAA scale inhibitor.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.