Acrylic Acid Market Demand, Share Global Analysis Report, 2026-2034

Acrylic Acid Market Demand, Share Global Analysis Report, 2026-2034

REPORT DETAILS

Report Code: PM1157
No. of Pages: 129
Format: PDF
Published Date:
Base Year: 2025
Author: Pranshu Trivedi
Historical Data: 2021-2024
Reviewed By: Prajakta Bengale

REPORT DETAILS

Report Code: PM1157
Published Date:
No. of Pages: 129
Historical Data: 2021-2024
Format: PDF
Author: Pranshu Trivedi
Base Year: 2025
Reviewed By: Prajakta Bengale
Acrylic Acid Market Size, Share, Trends, Industry Analysis Report: By Derivative (Acrylate Esters, Glacial Acrylic Acid, and Others), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2026-2034

Overview

Acrylic acid market size was valued at USD 14.62 billion in 2025. The market is projected to grow from USD 15.14 billion in 2026 to USD 20.62 billion by 2034, exhibiting a CAGR of 3.9% during the forecast period.

Market Statistics

2025 Market Size USD 14.62 Billion
2034 Projected Market Size USD 20.62 Billion
CAGR (2026 - 2034) 3.9%
Largest Market in 2025 Asia Pacific

Key Insights

  • Asia Pacific held the largest market share of 43.50% in 2025. Industrial growth, rapid urbanization, and a rising population contributed to the dominance.
  • The Europe acrylic acid market is expected to register the highest CAGR of 4.8% during the forecast period. Advancements in sustainable production technologies and an increasing focus on environmentally friendly chemicals drive the growth.
  • The acrylate esters segment dominated the market with 53.4% revenue share in 2025. This is due to its extensive applications in paints, coatings, adhesives, textiles, and sealants.  
  • The glacial acrylic acid segment is expected to exhibit the highest CAGR of 4.6% during the forecast period. The growth is attributed to the rising awareness of personal hygiene and increasing global population.
  • The personal care products segment is expected to exhibit the highest CAGR of 4.5% during the forecast period. It is driven by the growing demand for hygiene products such as diapers and sanitary pads, which rely on superabsorbent polymers derived from acrylic acid.

Note: Figures and projections outlined in this report are the result of Polaris Market Research’s proprietary analytical processes, grounded in the latest available datasets and market observations.

Industry Dynamics

  • Growing infrastructure development propels demand for acrylic acid in paints, coatings, and construction adhesives.
  • Rising demand for hygiene products, such as diapers and sanitary pads, boosts acrylic acid use in superabsorbent polymers.
  • Expansion in adhesives and coatings drives market growth through improved durability and bonding performance.
  • Industrialization in emerging markets increases acrylic acid demand across manufacturing and chemical industries.
  • Increasing use in water treatment supports market growth through dispersants and wastewater treatment applications.
  • Demand for eco-friendly coatings encourages acrylic acid adoption in low-VOC and water-based formulations.

What is Acrylic Acid?

Acrylic acid is an essential organic compound recognized as the simplest unsaturated carboxylic acid. This compound appears as a colorless liquid with a pungent odor and is highly compatible with water, alcohol, ethers, and chloroform. The compound is crucial in producing polymers used in diverse applications such as coatings, construction adhesives, and plastics.

The increasing infrastructure development worldwide is propelling the global acrylic acid market growth. Acrylic acid is a key ingredient in manufacturing adhesives, sealants, and coatings, which are widely used in infrastructure development, such as building and construction projects.  Products derived from acrylic acid, such as superabsorbent polymers and emulsions, enhance the performance and longevity of construction materials, making them essential for infrastructure development. Therefore, as infrastructure projects such as roads, bridges, commercial buildings, and residential complexes continue to expand, the demand for durable, weather-resistant, and flexible chemicals, including acrylic acid, is increasing.

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The acrylic acid market demand is driven by rising industrialization in emerging nations. Acrylic acid is a critical component in the production of polymers, adhesives, coatings, and sealants, which are essential in the construction, automotive, packaging, consumer goods, and textiles industries that are rapidly expanding in emerging countries. Thus, as industries in emerging economies expand, they require more acrylic acid-based products for applications such as paint formulations, water treatment solutions, and hygiene products such as diapers and feminine wipes.

Market Dynamics

Growing Population Worldwide

The growing population worldwide is projected to propel the global acrylic acid market expansion. As per a report published by the According to the United Nations, the world's population will grow by about 2 billion people in the next 30 years, rising from 8 billion to 9.7 billion by 2050. Acrylic acid is a key chemical in manufacturing superabsorbent polymers used in diapers, sanitary products, and adult incontinence products, all of which see high demand as the population expands. Additionally, a larger population drives the need for housing, healthcare facilities, and other infrastructure, increasing the use of acrylic acid in construction materials such as adhesives, sealants, and coatings.

Innovations in Production Technologies

The innovations in production technologies are estimated to fuel the global acrylic acid market revenue. Advances in manufacturing processes, such as bio-based acrylic acid production or energy-efficient catalytic methods, reduce production costs and environmental impact, making acrylic acid more attractive to industries and consumers. These innovations enable the development of higher-quality and more sustainable derivatives, expanding its use in sectors such as personal care, construction, and textiles. Improved production techniques also allow for customized formulations, meeting the specific demands of emerging markets and specialized applications such as water treatments and others.

Segment Analysis

Market Assessment by Derivative

Based on derivative, the acrylic acid market is categorized into acrylate esters, glacial acrylic acid, and others. The acrylate esters segment dominated the market with 53.4% revenue share in 2025 due to its extensive applications in paints, coatings, adhesives, textiles, and sealants. Industries increasingly relied on this derivative due to its excellent adhesion properties, durability, and versatility in both industrial and consumer products. The construction sector significantly contributed to this dominance as acrylate esters are vital in high-performance paints and coatings that provide weather resistance and enhanced aesthetics. Rapid industrialization in emerging economies and the expansion of urban infrastructure further boosted the segment’s leadership position by increasing the consumption of materials derived from these esters.

The glacial acrylic acid segment is expected to exhibit the highest CAGR of 4.6% during the forecast period owing to its critical role as a raw material for superabsorbent polymers, which are widely used in hygiene products such as diapers and sanitary pads. The growing awareness of personal hygiene, coupled with the rising global population, has fueled demand for this derivative, particularly in developing regions. Additionally, the water treatment industry increasingly utilizes glacial acrylic acid to produce dispersing agents and scale inhibitors, reflecting a broader focus on sustainable water management. Innovations in production technology and the adoption of bio-based alternatives have also enhanced the appeal of this derivative, further driving its adoption.

Comparison of Acrylate Esters and Glacial Acrylic Acid

Parameter

Acrylate Esters

Glacial Acrylic Acid

Type

Ester derivatives of acrylic acid formed by reaction with alcohols

High-purity acrylic acid with minimal water content

Main Use

Improves flexibility, adhesion, and durability in end-use products

Acts as a raw material and intermediate in chemical production

Key Applications

Paints, coatings, adhesives, sealants, textiles

Superabsorbent polymers, detergents, water treatment chemicals, resins

Demand Driver

Growth in construction, automotive, and packaging industries

Rising demand for hygiene products and industrial chemicals

Market Evaluation by Application

In terms of application, the acrylic acid market is divided into surfactants & surface coatings, organic chemicals, adhesives and sealants, textiles, water treatment, personal care products, and others. The personal care products segment is expected to exhibit the highest CAGR of 4.5% due to the increasing demand for hygiene products such as diapers and sanitary pads, which rely on superabsorbent polymers derived from acrylic acid. A rising global population, coupled with growing awareness of personal hygiene, significantly contributed to the expansion of the segment. Urbanization and improved living standards in emerging economies further amplified the demand for high-performance hygiene products, driving demand for acrylic acid. Additionally, the beauty and skincare industry incorporated advanced formulations in creams, lotions, and gels, enhancing the segment's appeal.

Regional Insights

By region, the study provides the acrylic acid market insights into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific held the largest market share of 43.50% in 2025 due to industrial growth, rapid urbanization, and a rising population. Countries such as China and India led this dominance due to their expanding construction, automotive, and personal care industries. China, in particular, emerged as the dominant country within the region, fueled by its massive manufacturing base and significant investments in infrastructure development. Additionally, favorable government policies promoting industrialization and an increasing focus on hygiene products in the region further supported market growth.

The Europe acrylic acid market is expected to register the highest CAGR of 4.8%over the forecast period due to advancements in sustainable production technologies and an increasing focus on environmentally friendly chemicals. Stringent environmental regulations have encouraged the adoption of bio-based and low-emission products, driving demand in sectors such as water treatment, coatings, and adhesives. Countries including Germany and France, with their strong industrial base and focus on innovation, are expected to play a significant role in this growth. The rising demand for high-quality hygiene products and construction materials, coupled with a shift toward green building practices, has further fueled the market expansion.

Acrylic Acid Key Market Players & Competitive Analysis Report

Major market players are investing heavily in research and development in order to expand their offerings, which will help the acrylic acid industry grow even more. Market participants are also undertaking various strategic activities to expand their global footprint, with important market developments including innovative launches, international collaborations, higher investments, and mergers and acquisitions between organizations.

The acrylic acid market is fragmented, with the presence of numerous global and regional market players. Major players in the market include Shanghai Huayi Acrylic Acid Co., Ltd; NIPPON SHOKUBAI CO., LTD.; Dow; Sinopec; Formosa Plastics Corporation; Sasol; Wanhua; Vigon International, LLC.; SMC; BASF; Arkema; and LG Chem.

Sasol is a prominent integrated energy and chemical company headquartered in Sandton, South Africa, and established in 1950. The company operates in 33 countries and employs over 30,000 people, leveraging advanced technologies to develop and commercialize a wide range of products that cater to various industries. Acrylic acid is one of the many products produced by Sasol, reflecting the company's commitment to diversifying its chemical portfolio. Sasol's operations are structured into two upstream business units, three regional operating hubs, and four customer-facing strategic business units, which collectively enhance its ability to respond to market demands and stakeholder expectations.

BASF, headquartered in Ludwigshafen, is the world's largest chemical producer and a leading player in the global chemicals market. Founded in 1865 as Badische Anilin- und Soda-Fabrik, BASF has a rich history that includes significant contributions to the development of chemical processes, such as the Haber-Bosch process for ammonia synthesis. Over the years, BASF has expanded its operations across more than 80 countries, operating six integrated production sites and approximately 390 other facilities worldwide. The company serves a diverse array of industries, including agriculture, automotive, construction, and consumer goods, through its extensive portfolio of products that span chemicals, plastics, performance products, and agricultural solutions.

List Of Key Companies

  • Shanghai Huayi Acrylic Acid Co., Ltd
  • NIPPON SHOKUBAI CO., LTD.
  • Dow
  • Sinopec
  • Formosa Plastics Corporation
  • Sasol
  • Wanhua
  • Vigon International, LLC.
  • SMC
  • BASF
  • Arkema
  • LG Chem

Acrylic Acid Industry Developments

  • June 2025: Nippon Shokubai Group announced that its companies in the U.S. acquired ISCC PLUS certification for acrylic acid and superabsorbent polymers produced locally. Due to this certification, Nippon Shokubai Group can supply AA and SAP globally with a carbon footprint considered net zero. (Source: PRNewswire)
  • April 2025: A Kuwait Petroleum subsidiary acquired a 25% stake in Wanhua Chemical Group, signaling deeper Middle Eastern integration into China’s downstream value chain. (Source: reuters.com)
  • February 2025: LG Chem began commercial production of 100% plant-based acrylic acid at a 100 t/year scale after securing USDA BioPreferred certification. (Source: prnewswire.com)

What is Future of Acrylic Acid Market?

The market is expected to witness strong growth in the coming years. Rising demand for hygiene products such as diapers, sanitary napkins, and adult incontinence products will propel the growth. Expanding infrastructure projects will increase its use in paints, coatings, adhesives, and sealants. Innovation in bio-based acrylic acid is creating sustainable alternatives. These products are reducing dependence on petrochemical sources. Increasing industrial applications in water treatment, textiles, and packaging will strengthen market demand. Additionally, the growing focus on eco-friendly and sustainable chemical production will support long-term market expansion.

Acrylic Acid Market Segmentation

By Derivative Outlook (Volume, Kiloton, Revenue, USD Billion, 2021 - 2034)

  • Acrylate Esters
  • Glacial Acrylic Acid
  • Others

By Application Outlook (Volume, Kiloton, Revenue, USD Billion, 2021 - 2034)

  • Surfactants & Surface Coatings
  • Organic Chemicals
  • Adhesives and Sealants
  • Textiles
  • Water Treatment
  • Personal Care Products
  • Others

By Regional Outlook (Volume, Kiloton, Revenue, USD Billion, 2021 - 2034)

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherlands
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Vietnam
    • Rest of Asia Pacific
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Acrylic Acid Market Report Scope

Report Attributes

Details

Market Size Value in 2025

USD 14.62 billion

Market Size Value in 2026

USD 15.14 billion

Revenue Forecast in 2034

USD 20.62 billion

CAGR

3.9% from 2026 – 2034

Base Year

2025

Historical Data

2021– 2024

Forecast Period

2026 – 2034

Quantitative Units

Volume in Kiloton, Revenue in USD Billion, and CAGR from 2026 – 2034

Report Coverage

Revenue Forecast, Market Competitive Landscape, Growth Factors, and Industry Trends

Segments Covered

  • By Derivative
  • By Application

Regional Scope

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Competitive Landscape

  • Acrylic Acid Industry Trend Analysis (2025)
  • Company Profiles/Industry participants profiling includes company overview, financial information, product/service benchmarking, and recent developments

Report Format

  • PDF + Excel

Customization

Report customization as per your requirements with respect to countries, regions, and segmentation.

FAQ's

The global acrylic acid market size was valued at USD 14.62 billion in 2025 and is projected to grow to USD 20.62 billion by 2034.

The global market is projected to register a CAGR of 3.9% during the forecast period.

Asia Pacific held the largest market share of 43.50% in 2025

Some of the key players in the market are Shanghai Huayi Acrylic Acid Co., Ltd; NIPPON SHOKUBAI CO., LTD.; Dow; Sinopec; Formosa Plastics Corporation; Sasol; Wanhua; Vigon International, LLC.; SMC; BASF; Arkema; and LG Chem.

The glacial acrylic acid segment is expected to exhibit the highest CAGR of 4.6% during the forecast period.

The personal care products segment is expected to exhibit the highest CAGR of 4.5% during the forecast period

Page last updated on: May-2026

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