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 Polymers.

By Raw Material;

Biomass, Corn, Maize, Sugar, and Others.

By Product Type;

Acrylic Esters and Acrylic Polymers, and Derivatives.

By Application;

Paints & Coatings, Adhesives & Sealants, Plastic Additives, Paper & Packaging, and Construction.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn561370307 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Bio-Acrylic Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Bio-Acrylic Acid Market was valued at USD 525.74 million. 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%.

The global bio-acrylic acid market is emerging as a significant player in the chemical industry, driven by the growing demand for sustainable and eco-friendly alternatives to conventional acrylic acid. Bio-acrylic acid is derived from renewable resources through biological processes, such as fermentation of plant-based feedstocks, rather than traditional petrochemical methods. This shift towards bio-based solutions aligns with the broader trend of reducing carbon footprints and enhancing sustainability across various industries. The adoption of bio-acrylic acid is part of a wider movement to replace fossil-fuel-derived chemicals with renewable options, reflecting a growing emphasis on environmental stewardship.

Bio-acrylic acid is used in a range of applications, including the production of superabsorbent polymers, coatings, adhesives, and specialty chemicals. In the consumer goods sector, bio-acrylic acid contributes to the development of environmentally friendly products by serving as a key ingredient in diapers and other absorbent materials, which are increasingly sought after for their sustainability attributes. Additionally, bio-acrylic acid's use in coatings and adhesives supports the trend towards greener and low-VOC (volatile organic compound) solutions, enhancing its appeal to industries seeking to comply with stringent environmental regulations and consumer demands for cleaner products.

The bio-acrylic acid market is experiencing varied growth trajectories. North America and Europe are leading the adoption of bio-acrylic acid due to their advanced regulatory frameworks, significant investments in green technologies, and strong consumer demand for sustainable products. These regions are home to major chemical manufacturers and research institutions that drive innovation in bio-based chemicals. In contrast, the Asia Pacific region is witnessing rapid growth in the bio-acrylic acid market, driven by increasing industrial activity, rising environmental awareness, and government initiatives supporting renewable chemical technologies. Emerging markets in Latin America and the Middle East and Africa are also beginning to explore bio-acrylic acid as part of their broader sustainability goals, reflecting a global shift towards renewable and eco-friendly chemical solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Raw Material
    3. Market Snapshot, By Product Type
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Bio-Acrylic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increased Regulations on Conventional Chemicals
        2. Technological Advancements in Bio-Based Production
        3. Growth in End-Use Industries (e.g., Coatings, Adhesives)
        4. Consumer Preference for Sustainable Materials
      2. Restraints
        1. Limited Availability of Raw Materials
        2. Performance Issues Compared to Synthetic Acrylic Acid
        3. Regulatory and Certification Challenges
        4. Competition from Established Alternatives
      3. Opportunities
        1. Development of New Applications (e.g., Bioplastics)
        2. Innovations in Bio-Based Production Technologies
        3. Increased Investment in R&D
        4. Strategic Industry Partnerships and Collaborations
    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. Global Bio-Acrylic Acid Market, By Type, 2021 - 2031 (USD Million)
      1. Methyl Acrylate
      2. Ethyl Acrylate
      3. Butyl Acrylate
      4. Elastomers
      5. 2-ethylhexyl Acrylate
      6. Superabsorbent Polymers
    2. Global Bio-Acrylic Acid Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Biomass
      2. Corn
      3. Maize
      4. Sugar
      5. Others
    3. Global Bio-Acrylic Acid Market, By Product Type, 2021 - 2031 (USD Million)
      1. Acrylic Esters
      2. Acrylic Polymers & Derivatives
    4. Global Bio-Acrylic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Paints & Coatings
      2. Adhesives & Sealants
      3. Plastic Additives
      4. Paper & Packaging
      5. Construction
    5. Global Bio-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. Arkema Group
      2. BioAmber Inc
      3. Genomatica Inc
      4. Metabolix Inc
      5. Mitsubishi Chemical Corporation
      6. Turk International, Inc. (Myriant)
      7. Novomer Inc.
      8. Novozymes-Cargill
  7. Analyst Views
  8. Future Outlook of the Market