Global Acrylic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Derivative;

Acrylic Esters- Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-Ethylhexyl Acrylate, Other Acrylic Esters, Acrylic Polymers- Super Absorbent Polymer and Acrylic Elastomers, Others- Ammonium Polyacrylate, and Polycyanoacrylates.

By Application;

Surface Coatings, Adhesives & Sealants, Plastic Additives, Detergents, Textiles, Diapers & Training Pants, Adult Incontinence , Water Treatment, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn154450593 Published Date: May, 2025 Updated Date: June, 2025

Acrylic Acid Market Overview

Acrylic Acid Market (USD Million)

Acrylic Acid Market was valued at USD 20,384.86 million In the year 2024. The size of this market is expected to increase to USD 29,653.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Global Acrylic Acid Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 20,384.86 Million
Market Size (2031)USD 29,653.43 Million
Market ConcentrationMedium
Report Pages300
20,384.86
2024
29,653.43
2031

Major Players

  • BASF SE
  • Arkema SA
  • Nippon Shokubai Co. Ltd.
  • Evonik Industries
  • The DOW Chemical Company
  • LG Chem Ltd.
  • Mitsubishi Chemical Holdings Corp.
  • PJSC Sibur Holding
  • Sasol Ltd.
  • Hexion Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Acrylic Acid Market

Fragmented - Highly competitive market without dominant players


The Acrylic Acid Market is experiencing significant momentum, driven by increasing demand from adhesives, textiles, and personal care industries. Production efficiency improvements and technological advancements in manufacturing processes are boosting overall market dynamics. Over the past few years, the industry has shown growth exceeding 5%, showcasing strong industrial applicability and rising consumption trends across sectors.

Key Growth Drivers
Acrylic acid’s role in superabsorbent polymers and surface coatings remains central to its expansion. The surge in hygiene-related products such as diapers and adult incontinence items has contributed to a demand increase of over 6%. Additionally, developments in water treatment and detergent formulations are reinforcing its industrial relevance, supporting continued market acceleration.

Innovation and Sustainability Trends
With rising environmental concerns, bio-based acrylic acid is gaining attention. Manufacturers are investing in renewable feedstocks and green chemistry, contributing to a sustainable transformation. This shift has triggered a transition rate surpassing 4% toward bio-derived alternatives, especially in regions with stricter ecological regulations and end-user sustainability goals..

Future Outlook
Emerging trends in smart coatings and responsive polymers are opening new opportunities. With anticipated growth in demand projected at over 5%, the industry remains optimistic, supported by product diversification and continuous R&D investment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Derivative
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Acrylic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing Demand from Acrylic Esters Production
        2. Growth in Construction and Infrastructure Projects
        3. Rising Adoption in Water Treatment Applications
      2. Restraints:
        1. Volatility in Feedstock Prices
        2. Environmental and Regulatory Constraints
        3. Competition from Alternative Chemicals
      3. Opportunities:
        1. Expansion of Acrylic Acid Derivatives Market
        2. Growth in Personal Care and Cosmetics Industry
        3. Increasing Demand for Water-based Paints and Coatings
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Acrylic Acid Market, By Derivative, 2021 - 2031 (USD Million)
      1. Acrylic Esters
        1. Methyl Acrylate
        2. Ethyl Acrylate
        3. Butyl Acrylate
        4. 2-Ethylhexyl Acrylate
        5. Other Acrylic Esters
      2. Acrylic Polymers
        1. Super Absorbent Polymer
        2. Acrylic Elastomers
      3. Others
        1. Ammonium Polyacrylate
        2. Polycyanoacrylates
    2. Acrylic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Surface Coatings
      2. Adhesives & Sealants
      3. Plastic Additives
      4. Detergents
      5. Textiles
      6. Diapers & Training Pants
      7. Adult Incontinence
      8. Water Treatment
      9. Others
    3. Acrylic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Arkema SA
      3. Nippon Shokubai Co. Ltd.
      4. Evonik Industries
      5. The DOW Chemical Company
      6. LG Chem Ltd.
      7. Mitsubishi Chemical Holdings Corp.
      8. PJSC Sibur Holding
      9. Sasol Ltd.
      10. Hexion Inc.
  7. Analyst Views
  8. Future Outlook of the Market