Global Bio-Acrylic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Elastomers, 2-Ethylhexyl Acrylate, and Superabsorbent PolymersBy Raw Material;
Biomass, Corn, Maize, Sugar, and OthersBy Product Type;
Acrylic Esters and Acrylic Polymers, and DerivativesBy Application;
Paints & Coatings, Adhesives & Sealants, Plastic Additives, Paper & Packaging, and ConstructionBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Bio-Acrylic Acid Market Overview
Bio-Acrylic Acid Market (USD Million)
Bio-Acrylic Acid Market was valued at USD 525.74 million in the year 2024. The size of this market is expected to increase to USD 1,423.17 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.3%.
Global Bio-Acrylic Acid Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 15.3 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 15.3 % |
Market Size (2024) | USD 525.74 Million |
Market Size (2031) | USD 1,423.17 Million |
Market Concentration | Low |
Report Pages | 312 |
Major Players
- Arkema Group
- BioAmber Inc
- Genomatica Inc
- Metabolix Inc
- Mitsubishi Chemical Corporation
- Turk International, Inc. (Myriant)
- Novomer Inc.
- Novozymes-Cargill
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Bio-Acrylic Acid Market
Fragmented - Highly competitive market without dominant players
The bio-acrylic acid market is experiencing significant traction due to the growing emphasis on sustainable and biodegradable solutions. As industries shift toward environmentally responsible practices, bio-based alternatives are replacing conventional acrylic acid. Approximately 45% of manufacturers are now focused on incorporating green raw materials into their supply chains, highlighting a strong commitment to low-impact formulations.
Innovative Production Technologies Fueling Growth
Recent advancements in fermentation and catalytic pathways have enhanced the efficiency of bio-acrylic acid production. Notably, enzyme-driven fermentation processes have led to a 30% increase in yield efficiency, reducing costs and environmental footprint. These improvements are positioning bio-acrylic acid as a viable substitute for petro-derived counterparts, supporting clean technology integration in the chemical industry.
Expanding Application Across Key Industries
The demand for bio-acrylic acid continues to rise, particularly in hygiene products, surface coatings, and textiles. Its use in superabsorbent products, such as diapers and incontinence materials, accounts for nearly 40% of application demand. Furthermore, the compound’s effectiveness in bio-based adhesives and sealants is reinforcing its role in advancing sustainable manufacturing practices.
Regulations Accelerating Bio-Based Adoption
The implementation of supportive environmental policies and bio-economy initiatives is accelerating the shift to renewable chemical alternatives. With over 35% of chemical producers investing in bio-based transitions, regulatory backing is becoming a key driver of market expansion. Compliance with emission reduction targets and carbon-neutral standards is further motivating the adoption of bio-acrylic acid solutions.
Collaborative Ecosystem Driving Innovation
The market is also benefiting from strategic alliances among biotechnology firms, chemical companies, and research entities. These collaborations are enabling the development of commercial-scale bio-acrylic acid production, with 25% of new innovations emerging through such partnerships. By accelerating the commercialization pipeline, stakeholders are rapidly translating lab-scale achievements into market-ready technologies.
Bio-Acrylic Acid Market Recent Developments
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In 2023, Evonik Industries AG expanded its bio-acrylic acid production capacity at its Antwerp facility in Belgium to meet the growing demand for sustainable and bio-based acrylic acid, particularly in applications such as superabsorbent polymers used in hygiene products.
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In 2022, BASF SE inaugurated a new bio-acrylic acid production plant in China, utilizing renewable raw materials to produce bio-based acrylic acid, aligning with BASF's sustainability goals and the increasing market demand for eco-friendly products.
Bio-Acrylic Acid Market Segment Analysis
In this report, the Bio-Acrylic Acid Market has been segmented by Type, Raw Material, Product Type, Application and Geography.
Bio-Acrylic Acid Market, Segmentation by Type
The Bio-Acrylic Acid Market has been segmented by Type into Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, Elastomers, 2-ethylhexyl Acrylate, and Superabsorbent Polymers.
Methyl Acrylate
Methyl acrylate comprises 18–20% of the bio-acrylic acid market. Its quick reactivity and excellent adhesion properties make it ideal for applications in coatings, adhesives, and textile finishing agents.
Ethyl Acrylate
Ethyl acrylate holds a 14–16% share and is widely used in producing flexible plastics and paints. Its ability to enhance impact resistance and elasticity supports demand in the synthetic rubber and coatings industries.
Butyl Acrylate
Butyl acrylate leads the market with a 25–27% share, owing to its key role in construction and automotive sectors. It is a critical ingredient in sealants, paints, and surface coatings due to its strong weather resistance and adhesion.
Elastomers
Elastomers make up 10–12% of the market and are gaining popularity in the sustainable materials segment. These compounds are essential for producing flexible, bio-based alternatives in packaging, footwear, and automotive applications.
2-Ethylhexyl Acrylate
This segment holds 8–10% of the market. 2-ethylhexyl acrylate is preferred for its softness and flexibility, making it an excellent choice for manufacturing pressure-sensitive adhesives and emulsion polymers.
Superabsorbent Polymers
Superabsorbent polymers account for 15–17% of the market. They are extensively used in hygiene and personal care products for their high water-absorbing capacity and are key components in baby diapers and sanitary products.
Bio-Acrylic Acid Market, Segmentation by Raw Material
The Bio-Acrylic Acid Market has been segmented by Raw Material into Biomass, Corn, Maize, Sugar, and Others.
Biomass
Biomass leads the bio-acrylic acid market by raw material, contributing 35–38% of global share. Derived from renewable sources such as crop residues and organic waste, biomass is preferred for its low carbon footprint and cost-efficiency in large-scale bio-refinery operations.
Corn
Corn holds a 25–27% share of the market, making it one of the most widely used agricultural feedstocks. Its high fermentable sugar yield and global availability support its widespread use in bio-acrylic acid production across North America and Europe.
Maize
Maize comprises 15–17% of the segment, especially prevalent in developing regions. It serves as a starch-rich, economically viable source for bio-based chemical synthesis, offering regional flexibility in raw material sourcing.
Sugar
Sugar contributes 10–12% to the market and is primarily used for applications requiring high purity. It is favored in pharmaceutical and personal care sectors due to its clean conversion process and excellent fermentation potential.
Others
The "Others" category accounts for 8–10% and includes materials like glycerol and molasses. These unconventional feedstocks are gaining attention in R&D efforts aimed at diversifying supply chains and reducing bio-acrylic acid production costs.
Bio-Acrylic Acid Market, Segmentation by Product Type
The Bio-Acrylic Acid Market has been segmented by Product Type into Acrylic Esters and Acrylic Polymers, and Derivatives.
Acrylic Esters
Acrylic esters dominate the bio-acrylic acid market with a 55–58% share. These include methyl, ethyl, and butyl acrylate, commonly used in producing surface coatings, textiles, adhesives, and sealants. Their strong adhesion, weather resistance, and flexibility make them highly versatile across industries.
Acrylic Polymers and Derivatives
Acrylic polymers and their derivatives hold a 42–45% share of the market. They are widely utilized in superabsorbent polymers, thickeners, and emulsifiers in hygiene and personal care products. Their superior absorbency, viscosity control, and binding ability drive high demand in both consumer and industrial applications.
Bio-Acrylic Acid Market, Segmentation by Application
The Bio-Acrylic Acid Market has been segmented by Application into Paints & Coatings, Adhesives & Sealants, Plastic Additives, Paper & Packaging, and Construction.
Paints & Coatings
Paints & coatings lead the bio-acrylic acid application segment with a 30–32% share. The demand is driven by the growing shift toward sustainable coatings with low VOC emissions. Bio-acrylic acid ensures excellent adhesion, weather resistance, and a smooth finish.
Adhesives & Sealants
Adhesives & sealants hold 20–22% of the market. These applications leverage bio-acrylic acid for its high tackiness, durability, and moisture resistance. It’s widely used in packaging, automotive assembly, and home improvement products.
Plastic Additives
Plastic additives comprise 15–17% of the market. The inclusion of bio-acrylic acid improves plastic performance by enhancing flexibility, UV protection, and environmental compatibility, supporting growth in the biodegradable plastics sector.
Paper & Packaging
Paper & packaging hold 12–14% of the market and benefit from bio-acrylic acid’s ability to enhance tensile strength and print quality. It’s increasingly used in recyclable and compostable packaging solutions, aligned with circular economy goals.
Construction
Construction applications make up 18–20% of the market share. Bio-acrylic acid is used in construction chemicals such as coatings, sealants, and admixtures, offering improved structural integrity, weather resistance, and environmental safety.
Bio-Acrylic Acid Market, Segmentation by Geography
In this report, the Bio-Acrylic Acid Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Bio-Acrylic Acid Market Share (%), by Geographical Region
North America
North America dominates the bio-acrylic acid market with a 32–34% share, driven by strong demand across the coatings, adhesives, and packaging sectors. The presence of leading manufacturers and favorable sustainability policies accelerates regional adoption.
Europe
Europe captures 28–30% of the global market, supported by stringent environmental regulations and the region's commitment to reducing petrochemical dependency. Growth is further reinforced by ongoing innovations in bio-based polymer development.
Asia Pacific
Asia Pacific holds 24–26% of the market and is projected to grow at the highest CAGR. Increased industrial output, urbanization, and demand for renewable materials in China, India, and Southeast Asia make it a key region for future investment.
Middle East & Africa
Middle East & Africa accounts for 5–6% of global demand. While still emerging, countries in the region are investing in bio-based chemical infrastructure as part of broader sustainability and diversification strategies.
Latin America
Latin America comprises 4–5% of the market, with Brazil and Mexico at the forefront. The abundance of bio-feedstock and growing interest in eco-friendly consumer products are contributing to gradual market expansion.
Bio-Acrylic Acid Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Bio-Acrylic Acid Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Increased Regulations on Conventional Chemicals
- Technological Advancements in Bio-Based Production
- Growth in End-Use Industries
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Consumer Preference for Sustainable Materials - The increasing consumer preference for sustainable materials is a major factor fueling the growth of the bio-acrylic acid market. As environmental awareness rises, more consumers are actively choosing products with a lower environmental impact. This shift encourages manufacturers to focus on bio-based and eco-friendly alternatives, like bio-acrylic acid, which is produced from renewable resources instead of traditional fossil fuels.
This change in consumer behavior is driving industries that use acrylic acid such as coatings, adhesives, textiles, and plastics to adopt more sustainable raw materials. Bio-acrylic acid not only matches the performance of conventional acrylic acid but also offers the advantage of reduced carbon emissions and less reliance on petrochemical sources. Companies utilizing bio-acrylic acid can strengthen their brand reputation and attract environmentally conscious buyers, gaining a competitive market edge.
Increasing support from regulatory agencies through sustainability policies and incentives complements the rising consumer demand for greener products. This synergy accelerates the integration of bio-acrylic acid across various sectors. Businesses investing in sustainable production technologies are better equipped to comply with these evolving regulations and seize new growth opportunities.
Restraints
- Limited Availability of Raw Materials
- Performance Issues Compared to Synthetic Acrylic Acid
- Regulatory and Certification Challenges
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Competition from Established Alternatives - Challenge for the growth of the bio-acrylic acid market. Traditional acrylic acid, derived from petrochemical sources, has a stronghold due to its well-developed production methods, widespread availability, and generally lower manufacturing costs. This long-standing dominance makes it difficult for bio-based acrylic acid to secure a larger market share, despite its sustainability advantages. Many manufacturers hesitate to adopt bio-acrylic acid because of concerns related to cost efficiency and the stability of supply chains.
Synthetic acrylic acid benefits from an extensive production infrastructure and economies of scale established over many years. This leads to more competitive pricing and easier access for major industrial users. On the other hand, bio-acrylic acid manufacturing is still maturing, often involving higher costs due to reliance on renewable raw materials and emerging technologies. These factors contribute to the slower uptake of bio-acrylic acid in industries that prioritize affordability and consistent supply.
Many customers are cautious about switching to bio-acrylic acid because of uncertainties regarding product performance and scalability. While bio-based alternatives offer clear environmental benefits, industries often require thorough validation to ensure there are no compromises in quality or efficiency. Until these assurances are well established, resistance remains from end-users who value proven reliability and cost-effectiveness.
Opportunities
- Development of New Applications
- Innovations in Bio-Based Production Technologies
- Increased Investment in R&D
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Strategic Industry Partnerships and Collaborations - The emergence of strategic partnerships and collaborations is presenting a substantial opportunity for growth in the bio-acrylic acid market. As the demand for eco-friendly alternatives to conventional petrochemical products rises, industry players are actively forming alliances to fast-track development and commercialization. These partnerships often involve biotechnology innovators, chemical manufacturers, and end-use product companies working together to accelerate research, scale-up, and market entry. By uniting expertise and infrastructure, these collaborations reduce development costs and risks, creating a smoother pathway for new bio-based technologies.
A major benefit of such collaborations is the establishment of a robust and integrated supply chain. Developing bio-acrylic acid at scale requires seamless coordination across the value chain from the sustainable sourcing of raw materials to the efficient processing and distribution of the end product. Collaborative efforts can enhance the reliability and cost-efficiency of this chain, helping manufacturers overcome existing barriers like high production costs and limited access to consistent feedstocks. This approach ensures a steady supply of bio-feedstocks and supports innovation in bioprocessing technologies.
Partnerships with established petrochemical giants are proving essential for market penetration and acceptance. By leveraging the commercial experience, customer base, and operational infrastructure of these large players, bio-acrylic acid producers gain a competitive edge in introducing their products to the market. Joint ventures for pilot plants and full-scale production facilities are further driving adoption, allowing companies to demonstrate technical feasibility and economic viability on a larger scale.
As regulatory pressures and environmental awareness grow, the role of strategic collaborations becomes even more crucial. These alliances not only streamline innovation and production but also enable faster adaptation to evolving industry standards and customer expectations. By aligning efforts across sectors such as coatings, adhesives, packaging, and personal care, these partnerships are helping position bio-acrylic acid as a key component in the shift toward sustainable industrial solutions.
Bio-Acrylic Acid Market Competitive Landscape Analysis
Key players in Bio-Acrylic Acid Market include :
- BASF SE
- Arkema S.A.
- LG Chem Ltd.
- Evonik Industries AG
- Mitsubishi Chemical Corporation
- Nippon Shokubai Co., Ltd.
- The Dow Chemical Company
- China Petroleum & Chemical Corporation (Sinopec)
- Novozymes A/S
- Genomatica Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Raw Material
- Market Snapshot, By Product Type
- Market Snapshot, By Application
- Market Snapshot, By Region
- Bio-Acrylic Acid Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increased Regulations on Conventional Chemicals
- Technological Advancements in Bio-Based Production
- Growth in End-Use Industries
- Consumer Preference for Sustainable Materials
- Restraints
- Limited Availability of Raw Materials
- Performance Issues Compared to Synthetic Acrylic Acid
- Regulatory and Certification Challenges
- Competition from Established Alternatives
- Opportunities
- Development of New Applications
- Innovations in Bio-Based Production Technologies
- Increased Investment in R&D
- Strategic Industry Partnerships and Collaborations
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Bio-Acrylic Acid Market, By Type, 2021 - 2031 (USD Million)
- Methyl Acrylate
- Ethyl Acrylate
- Butyl Acrylate
- Elastomers
- 2-Ethylhexyl Acrylate
- Superabsorbent Polymers
- Bio-Acrylic Acid Market, By Raw Material, 2021 - 2031 (USD Million)
- Biomass
- Corn
- Maize
- Sugar
- Others
- Bio-Acrylic Acid Market, By Product Type, 2021 - 2031 (USD Million)
- Acrylic Esters
- Acrylic Polymers & Derivatives
- Bio-Acrylic Acid Market, By Application, 2021 - 2031 (USD Million)
- Paints & Coatings
- Adhesives & Sealants
- Plastic Additives
- Paper & Packaging
- Construction
- Bio-Acrylic Acid Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Bio-Acrylic Acid Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- BASF SE
- Arkema S.A.
- LG Chem Ltd.
- Evonik Industries AG
- Mitsubishi Chemical Corporation
- Nippon Shokubai Co., Ltd.
- The Dow Chemical Company
- China Petroleum & Chemical Corporation (Sinopec)
- Novozymes A/S
- Genomatica Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market