Acrylic Acid Market Growth Analysis - Forecast Trends and Outlook (2025-2034)
Market Report I 2025-08-13 I 164 Pages I EMR Inc.
The global acrylic acid market size attained a volume of approximately 8.44 MMT in 2024 . The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 5.10 %, reaching a volume of around 13.88 MMT by 2034 .
The market is growing as the demand of acrylic acid rises from different sectors wherein the acid is a crucial raw material for super absorbent polymers (SAPs) that are used primarily in personal care products such as diapers, sanitary napkins, and incontinence products. The usage of paints, coatings, adhesives and sealants also contributes to the market growth, especially in construction and infrastructure.
The strength of the market is also complemented by the wide usage of acrylic acid in personal hygiene products. As SAPs gain traction in the marketplace, the acrylic acid industry is expected to undergo dynamic growth, fueled by continuous innovations in material formulations and a wider range of commercial applications.
Acrylic Acid Market Trends
Acrylic acid is a colorless organic compound with distinctive acrylics that have a high degree of polymerization. The acid is increasingly being used in paints and coatings to ensure a long-lasting, high-performance finish in construction, which in turn, is driving the market. Moreover, it is extensively utilized in the manufacturing of acrylate esters which plays a vital role in adhesives and sealants. Acrylic acid is used by the textile industry as well, for fabric treatments and finishes, making it another key ingredient of this product. High-quality personal care products are thriving, contributing to the overall growth of the acrylic acid market. The acid is also a key ingredient for specialized applications in packaging, automotive, and consumer goods industries.
Acrylic acid is a compound which is used in the production of super absorbent polymers, that is extensively used in the manufacturing of diapers and incontinence products. Market innovations include acrylic acid-based manufacturing processes, primarily for personal care products. Industrialization and urbanization, particularly in emerging economies, are boosting acrylic acid demand in different industries. For example, more than 90% of polyacrylic acid is used in SAP. The potential for market growth increases significantly as these regions develop. In addition, new acrylic acid production technologies keep improving efficiency, thereby favoring the expansion of the market, as well as opening new avenues in consumer goods and industrial markets.
Application Insights
The acrylic acid market is growing at a noteworthy pace because of the acid's wide usage across several industries, particularly from the Super Absorbent Polymers (SAP) application. Acrylic acid's high absorption capability makes them widely used in SAP products like diapers, sanitary napkins , and incontinence products. The consumption of personal hygiene products, particularly in the developing economies, continues to boost the sales for SAPs which in turn drive the growth of acrylic acid market.
Acrylic acid has comparable applications for the acrylate esters, which are polymerized as key constituents of paints, coatings, adhesives and sealants. Depending on the molecular weight of the acrylic acid, acrylate esters provide better performance, which comprises strength and elasticity, which are predominantly utilized in different sectors. Additionally, glacial acrylic acid (pure acrylic acid) is extensively utilized to produce water treatment chemicals, detergents, and more applications for industrial use.
End Use Insights
Acrylic acid is used in a wide variety of end-use industries, with surfactants and surface coatings being the most significant among the different end-use segments of the global acrylic acid market. It is utilized in manufacturing surfactants with a high-performance level for cleaning products and surface coatings with great wetting and durability characteristics. It contributes significantly to organic chemicals production as it is used in creating a whole range of high-value chemicals used in various manufacturing processes. This versatility adds demand in various industries which is consequently boosting the market growth cyclically.
Acrylic acid is also crucial in the production of adhesives and sealants that improve the strength of bonds, flexibility, and protection against various environmental factors. In the textile sector, it also strikes a balance with water-repellent finishes, which maximize durability and wearability of fabrics. Acrylic acid derivatives are used in the water treatment industry to remove impurities and enhance the purity of water. Acrylic acid also plays a significant role in personal care products, being a crucial ingredient in the production of superabsorbent polymers used in diapers, sanitary napkins, and other hygiene products, providing enhanced absorbency and comfort. These applications reflect the wide use and growing market demand of acrylic acid.
Regional Insights
North America Acrylic Acid Market Trends
The North America acrylic acid market is boosted by the increased demand for superabsorbent polymers (SAPs) that are gaining popularity in the personal care industry. Acrylic acid derivatives such as adhesives, coatings, and sealants in construction and automotive end-use industries are also indirect drivers for this market. In addition, the region is also focusing strongly on the technological advancements in the production processes, which are helping the efficiency in the production of grades of acrylic acid.
Europe Acrylic Acid Market Trends
The market for acrylic acid in Europe is significant, boosted by the region's well-established industrial base and robust demand for acrylic acid-based products in paints and coatings, and adhesives. Since the focus of the European Union is on environmental regulations, the industry has changed toward "greener" and bio-based acrylic acid processes. The automotive and construction industries are the key drivers as acrylic acid derivatives are used in total applications such as sealants and protective coatings.
Asia Pacific Acrylic Acid Market Trends
Asia Pacific is the largest and fastest growing region as per the acrylic acid market analysis. The market growth can be attributed to rapid industrialization and the burgeoning population in emerging economies such as China and India. For example, in 2023, India imported 23,048 tones of acrylic acid from Saudi Arabia. One of the prominent drivers for the growth of this market across the region is the SAP in diapers and personal care products. Acrylic acid is consumed in coatings, adhesives, and sealants; hence the growth of the construction and automotive industries directly impacts the regional market. Furthermore, the movement toward sustainable production practices and further investments in innovations are likely to contribute to the growth the market in Asia Pacific.
Latin America Acrylic Acid Market Trends
The Latin America acrylic acid market is expected to grow moderately over the next few years, driven primarily by urbanization and industrialization. So, the growing living standards and consumer base is causing the growth of personal care products such as superabsorbent diapers market. Acrylic acid is used in the construction industry for adhesives, coatings, and sealants in infrastructure projects, which makes that another primary driver.
Middle East and Africa Acrylic Acid Market Trends
The growth of the construction and automotive industries has a significant impact on the MEA acrylic acid market. Extensive application of acrylic acid derivatives in adhesives, coatings, and sealants have been the primary components of infrastructure development and automobile industry in the region. Furthermore, the growing population is anticipated to fuel the demand for personal care products, which in turn is likely to drive the market growth. Besides, the country's infrastructure development and water treatment market not only contribute to water treatment but also promote sustainable production in the region.
Key Acrylic Acid Company Insights
Key market participants in the acrylic acid sector are focused on enhancing production capacities, sustainability, and adopting advanced technologies to cater to rising demand. These are developed through advanced production processes and implemented to improve efficiency by opening up new avenues in diverse applications in personal care, construction, textiles and coatings.
BASF SE
Sustainable production methods and innovation are the major aspects of BASF SE, the largest producer of acrylic acid, to concentrate on. The high-quality acrylic acid it produces has a range of applications from adhesives to personal care products, and the company is helping industries around the world through its ground-breaking technologies.
Nippon Shokubai Co. Ltd.
Nippon Shokubai Co. Ltd. has a portfolio of a broad range products from superabsorbent polymers to acrylates. The company has a core focus on environmental sustainability and works across diverse sectors like hygiene products, water treatment, and automotive coatings, among many others.
The Dow Chemical Company
Acrylic acid is offered by the Dow Chemical Company for high-performance paints, adhesives and other personal care manufacturing. Dow focuses on innovation in manufacturing processes, enhancing efficiency, and addressing the growing worldwide demand for high-performance acrylic acid-based products.
Arkema Group
Specializing in acrylic acid and its derivatives, Arkema Group serves customers in the coatings, adhesives, and construction sectors. Its eco-friendly product portfolio adds to the growth of the acrylic acid market, as the company is focused on sustaining practices and leaning forward in technology.
Key Acrylic Acid Companies
BASF SE
Nippon Shokubai Co. Ltd.
The Dow Chemical Company
Arkema Group
LG Chem. Ltd.
Shanghai Huayi Acrylic Acid Co., Ltd
Evonik Industries AG
Mitsubishi Chemical Corporation
SIBUR International GmbH
Satellite Chemical Co.,Ltd.
Wanhua Petrochemical (Yantai) Co., Ltd.
Toagosei Co., Ltd
China Petroleum & Chemical Corporation
Vigon International, LLC.
SMC
Sinopec
Formosa Plastics Corporation
Sasol
Others
Recent Developments
In March 2025 , the Carat project was launched at Arkema's Carling factory in France. The project's goal is to make the facility, which produces superabsorbent polymers and acrylic acid monomers, more sustainable and capable. With a 130 million investment, this massive industrial project entails building a new facility with a cutting-edge acrylic acid purification method that will increase operational carbon intensity by 20% and energy efficiency by 25%.
In February 2025 , with environmentally friendly raw materials made from vegetable oils, LG Chem introduced a novel acrylic acid. The business declared that in the second quarter of this year, it will start producing bio-acrylic acid. The prototype production capacity will increase to 100 metric tons (MT) per year.
In April 2024 , in order to meet the increasing demand in China's adhesive materials industry, BASF and Youyi Group signed a Letter of Intent (LoI) to deepen their strategic partnership. The LoI focused on the supply of butyl acrylate (BA) and 2-ethylhexyl acrylate (2-EHA) from BASF's Zhanjiang Verbund site.
In October 2023 , the rights to license and market ester grade acrylic acid technology, as well as light and heavy acrylates process technology, were acquired by Lummus Technology, a global provider of process technologies and value-driven energy solutions, in a deal with Air Liquide Engineering & Construction. Customers now have more alternatives between upstream and downstream operations thanks to Lummus' expanded array of propylene production and derivative products.
Global Acrylic Acid Market Report Segmentation
The study on the acrylic acid market delivers detailed analysis on region-level perspective depending on specific contemporary industry trends. It considers various segments, such as application and end use. By assessing all these segments, this report presents a thorough discussion of market drivers, regulations, and emerging opportunities observed in the market.
Application Outlook (Revenue, MMT, 2025-2034)
Acrylate Esters
Super Absorbent Polymer (SAP)
Glacial Acrylic Acid
Others
End Use Outlook (Revenue, MMT, 2025-2034)
Surfactants and Surface Coatings
Organic Chemicals
Adhesives and Sealants
Textiles
Water Treatment
Personal Care Products (Superabsorbent diapers, etc.)
Others
Region Outlook (Revenue, MMT, 2025-2034)
North America
?? United States of America
?? Canada
Europe
?? United Kingdom
?? Germany
?? France
?? Italy
?? Others
Asia Pacific
?? China
?? Japan
?? India
?? ASEAN
?? Australia
?? Others
Latin America
?? Brazil
?? Argentina
?? Mexico
?? Others
Middle East and Africa
?? Saudi Arabia
?? United Arab Emirates
?? Nigeria
?? South Africa
?? Others
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Acrylic Acid Market Analysis
5.1 Key Industry Highlights
5.2 Global Acrylic Acid Historical Market (2018-2024)
5.3 Global Acrylic Acid Market Forecast (2025-2034)
5.4 Global Acrylic Acid Market by Application
5.4.1 Acrylate Esters
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Super Absorbent Polymer (SAP)
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Glacial Acrylic Acid
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Others
5.5 Global Acrylic Acid Market by End Use
5.5.1 Surfactants and Surface Coatings
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Organic Chemicals
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Adhesives and Sealants
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Textiles
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Water Treatment
5.5.5.1 Historical Trend (2018-2024)
5.5.5.2 Forecast Trend (2025-2034)
5.5.6 Personal Care Products (Superabsorbent diapers, etc.)
5.5.6.1 Historical Trend (2018-2024)
5.5.6.2 Forecast Trend (2025-2034)
5.5.7 Others
5.6 Global Acrylic Acid Market by Region
5.6.1 North America
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Europe
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Asia Pacific
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Latin America
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Middle East and Africa
5.6.5.1 Historical Trend (2018-2024)
5.6.5.2 Forecast Trend (2025-2034)
6 North America Acrylic Acid Market Analysis
6.1 United States of America
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Europe Acrylic Acid Market Analysis
7.1 United Kingdom
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Germany
7.2.1 Historical Trend (2018-2024)
7.2.2 Forecast Trend (2025-2034)
7.3 France
7.3.1 Historical Trend (2018-2024)
7.3.2 Forecast Trend (2025-2034)
7.4 Italy
7.4.1 Historical Trend (2018-2024)
7.4.2 Forecast Trend (2025-2034)
7.5 Others
8 Asia Pacific Acrylic Acid Market Analysis
8.1 China
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Japan
8.2.1 Historical Trend (2018-2024)
8.2.2 Forecast Trend (2025-2034)
8.3 India
8.3.1 Historical Trend (2018-2024)
8.3.2 Forecast Trend (2025-2034)
8.4 ASEAN
8.4.1 Historical Trend (2018-2024)
8.4.2 Forecast Trend (2025-2034)
8.5 Australia
8.5.1 Historical Trend (2018-2024)
8.5.2 Forecast Trend (2025-2034)
8.6 Others
9 Latin America Acrylic Acid Market Analysis
9.1 Brazil
9.1.1 Historical Trend (2018-2024)
9.1.2 Forecast Trend (2025-2034)
9.2 Argentina
9.2.1 Historical Trend (2018-2024)
9.2.2 Forecast Trend (2025-2034)
9.3 Mexico
9.3.1 Historical Trend (2018-2024)
9.3.2 Forecast Trend (2025-2034)
9.4 Others
10 Middle East and Africa Acrylic Acid Market Analysis
10.1 Saudi Arabia
10.1.1 Historical Trend (2018-2024)
10.1.2 Forecast Trend (2025-2034)
10.2 United Arab Emirates
10.2.1 Historical Trend (2018-2024)
10.2.2 Forecast Trend (2025-2034)
10.3 Nigeria
10.3.1 Historical Trend (2018-2024)
10.3.2 Forecast Trend (2025-2034)
10.4 South Africa
10.4.1 Historical Trend (2018-2024)
10.4.2 Forecast Trend (2025-2034)
10.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis (HS Code- 291611)
13.1 Major Exporting Countries
13.1.1 By Value
13.1.2 By Volume
13.2 Major Importing Countries
13.2.1 By Value
13.2.2 By Volume
14 Price Analysis
15 Procurement Insights
15.1 Contract Terms
15.2 Cost Structure
15.2.1 Raw Material
15.2.2 Utility
15.2.3 Labour Cost
15.2.4 Fixed Cost
15.3 Pricing Model
15.4 Vendor Selection Criteria
15.5 Supplier and Buyer Power at Regional Level
15.5.1 Demand
15.5.2 Supply
15.5.3 Raw Material/Feedstock Availability
15.5.4 Supplier Power
15.5.5 Buyer Power
15.6 Procurement Strategy: Best Practices
16 Competitive Landscape
16.1 Supplier Selection
16.2 Key Global Players
16.3 Key Regional Players
16.4 Key Player Strategies
16.5 Company Profiles
16.5.1 BASF SE
16.5.1.1 Company Overview
16.5.1.2 Product Portfolio
16.5.1.3 Demographic Reach and Achievements
16.5.1.4 Certifications
16.5.2 Nippon Shokubai Co. Ltd.
16.5.2.1 Company Overview
16.5.2.2 Product Portfolio
16.5.2.3 Demographic Reach and Achievements
16.5.2.4 Certifications
16.5.3 The Dow Chemical Company
16.5.3.1 Company Overview
16.5.3.2 Product Portfolio
16.5.3.3 Demographic Reach and Achievements
16.5.3.4 Certifications
16.5.4 Arkema Group
16.5.4.1 Company Overview
16.5.4.2 Product Portfolio
16.5.4.3 Demographic Reach and Achievements
16.5.4.4 Certifications
16.5.5 LG Chem. Ltd.
16.5.5.1 Company Overview
16.5.5.2 Product Portfolio
16.5.5.3 Demographic Reach and Achievements
16.5.5.4 Certifications
16.5.6 Shanghai Huayi Acrylic Acid Co., Ltd
16.5.6.1 Company Overview
16.5.6.2 Product Portfolio
16.5.6.3 Demographic Reach and Achievements
16.5.6.4 Certifications
16.5.7 Evonik Industries AG
16.5.7.1 Company Overview
16.5.7.2 Product Portfolio
16.5.7.3 Demographic Reach and Achievements
16.5.7.4 Certifications
16.5.8 Mitsubishi Chemical Corporation
16.5.8.1 Company Overview
16.5.8.2 Product Portfolio
16.5.8.3 Demographic Reach and Achievements
16.5.8.4 Certifications
16.5.9 SIBUR International GmbH
16.5.9.1 Company Overview
16.5.9.2 Product Portfolio
16.5.9.3 Demographic Reach and Achievements
16.5.9.4 Certifications
16.5.10 Satellite Chemical Co.,Ltd.
16.5.10.1 Company Overview
16.5.10.2 Product Portfolio
16.5.10.3 Demographic Reach and Achievements
16.5.10.4 Certifications
16.5.11 Wanhua Petrochemical (Yantai) Co., Ltd.
16.5.11.1 Company Overview
16.5.11.2 Product Portfolio
16.5.11.3 Demographic Reach and Achievements
16.5.11.4 Certifications
16.5.12 Toagosei Co., Ltd
16.5.12.1 Company Overview
16.5.12.2 Product Portfolio
16.5.12.3 Demographic Reach and Achievements
16.5.12.4 Certifications
16.5.13 China Petroleum & Chemical Corporation
16.5.13.1 Company Overview
16.5.13.2 Product Portfolio
16.5.13.3 Demographic Reach and Achievements
16.5.13.4 Certifications
16.5.14 Vigon International, LLC.
16.5.14.1 Company Overview
16.5.14.2 Product Portfolio
16.5.14.3 Demographic Reach and Achievements
16.5.14.4 Certifications
16.5.15 SMC
16.5.15.1 Company Overview
16.5.15.2 Product Portfolio
16.5.15.3 Demographic Reach and Achievements
16.5.15.4 Certifications
16.5.16 Sinopec
16.5.16.1 Company Overview
16.5.16.2 Product Portfolio
16.5.16.3 Demographic Reach and Achievements
16.5.16.4 Certifications
16.5.17 Formosa Plastics Corporation
16.5.17.1 Company Overview
16.5.17.2 Product Portfolio
16.5.17.3 Demographic Reach and Achievements
16.5.17.4 Certifications
16.5.18 Sasol
16.5.18.1 Company Overview
16.5.18.2 Product Portfolio
16.5.18.3 Demographic Reach and Achievements
16.5.18.4 Certifications
16.5.19 Others
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