Polyacrylic Acid Market

By Type;

Co-Polymer, Homo-Polymer and Ter-Polymer

By Grade;

Industrial, Cosmetic and Pharmaceutical

By End-Use Industry;

Water Treatment, Personal Care, Detergents, Cleaners and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn741874686 Published Date: September, 2025 Updated Date: October, 2025

Polyacrylic Acid Market Overview

Polyacrylic Acid Market (USD Million)

Polyacrylic Acid Market was valued at USD 1,476.27 million in the year 2024. The size of this market is expected to increase to USD 2,147.50 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Polyacrylic Acid Market

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 1,476.27 Million
Market Size (2031)USD 2,147.50 Million
Market ConcentrationMedium
Report Pages388
1,476.27
2024
2,147.50
2031

Major Players

  • BASF SE
  • The Dow Chemical Company
  • Arkema S.A.
  • Lubrizol Corporation
  • Sumitomo Seika Chemicals Co., Ltd.
  • SABIC
  • Nippon Shokubai Co., Ltd.
  • LG Chem
  • Mitsubishi Chemical Corporation
  • Wacker Chemie AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polyacrylic Acid Market

Fragmented - Highly competitive market without dominant players


The Polyacetal Resins Market is expanding rapidly due to the rising preference for high-performance engineering plastics. These resins represent nearly 35% of demand for applications requiring strength, stability, and wear resistance, making them vital in precision engineering.

Strong Presence in Automotive Manufacturing
With about 40% of utilization, the automotive sector is the leading consumer of polyacetal resins. Their ability to substitute metals in gears, safety parts, and fuel system components supports lighter vehicles and enhanced efficiency, fueling broader adoption.

Usage in Consumer Applications
Consumer goods contribute to nearly 25% of overall demand, where polyacetal resins are applied in appliances, zippers, handles, and locks. Their durability and smooth operation make them a material of choice for products requiring long-term performance.

Key Role in Electronics Industry
The electronics industry accounts for approximately 20% of the market share, leveraging polyacetal resins for switches, connectors, and circuit components. Their insulation properties and mechanical strength ensure product reliability in demanding environments.

Outlook for the Market
Looking ahead, the Polyacetal Resins Market is expected to generate over 50% of upcoming growth through innovations in eco-friendly and advanced resin formulations. The push toward sustainable engineering plastics is set to drive continued expansion.

  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 Grade
    3. Market Snapshot, By End-Use Industry
    4. Market Snapshot, By Region
  4. Polyacrylic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising demand in adhesives
        2. Growth in construction sector
        3. Increasing water treatment needs
        4. Expanding applications in coatings
      2. Restraints
        1. High production costs
        2. Volatile raw material prices
        3. Environmental impact concerns
        4. Regulatory challenges in manufacturing
      3. Opportunities
        1. Innovation in product development
        2. Emerging markets expansion
        3. Advancements in polymer technology
        4. Growing demand for sustainable products
    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. Polyacrylic Acid Market, By Type, 2021 - 2031 (USD Million)
      1. Co-Polymer
      2. Homo-Polymer
      3. Ter-Polymer
    2. Polyacrylic Acid Market, By Grade, 2021 - 2031 (USD Million)
      1. Industrial
      2. Cosmetic
      3. Pharmaceutical
    3. Polyacrylic Acid Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Water Treatment
      2. Personal Care
      3. Detergents
      4. Cleaners
      5. Others
    4. Polyacrylic 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. The Dow Chemical Company
      3. Arkema S.A.
      4. Lubrizol Corporation
      5. Sumitomo Seika Chemicals Co., Ltd.
      6. SABIC
      7. Nippon Shokubai Co., Ltd.
      8. LG Chem
      9. Mitsubishi Chemical Corporation
      10. Wacker Chemie AG
  7. Analyst Views
  8. Future Outlook of the Market