Acrylic Acid Market Size Growth Of $5133 Million by 2031 | BASF, DOW, Nippon Shokubai, Arkema, Formosa Plastics

CALIFORNIA, (UNITED STATES) - The global Acrylic Acid Market has witnessed significant growth and transformation in recent years. This comprehensive market report provides an overview of key trends, drivers, challenges, and opportunities in the industry. It covers various segments within the Acrylic Acid sector, offering insights into market dynamics, competitive landscape, and future prospects. The report focuses on the major players that are in operation within the market and their competitive landscape present in the market. The report includes an inventory of initiatives taken by the businesses within the past years. The report has mentioned growth parameters in the regional markets along with major players dominating the regional growth such as North America, Europe, China, Japan, Southeast Asia and India.

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Acrylic Acid Market Size and Growth:

The global market for Acrylic Acid was valued at US$ 3788 million in the year 2024 and is projected to reach a revised size of US$ 5133 million by 2031, growing at a CAGR of 4.5% during the forecast period.

Glacial acrylic acid (GAA) is a clear, colorless liquid with an acrid odour which is miscible with water, alcohols and ethers. The chemical formula is CH2=CHCO2H. It is an unsaturated monocarboxylic acid which will undergo the typical reactions of a carboxylic acid as well as those of a vinyl compound. It is used in the production of polymers and acrylate esters and as a feedstock for chemical syntheses.

Global Acrylic Acid key players include BASF, DOW, Nippon Shokubai, Arkema, Formosa Plastics, etc. Global top five manufacturers hold a share over 65%. USA is the largest market, with a share over 25%, followed by China and Europe, both have a share over 50%. In terms of application, the largest application is Super Absorbent Polymers (SAP), followed by Detergent, Water Treatment, etc.

Acrylic Acid Market Report Scope and Research Methodology:

Before delving into the scope of Acrylic Acid market reports, it is crucial to comprehend the vastness of the Acrylic Acid industry. This sector encompasses an extensive array of products, from basic chemicals like acids, alkalis, and polymers to specialty chemicals used in various industries such as pharmaceuticals, agriculture, and cosmetics. Moreover, materials range from metals, plastics, and ceramics to composites, nanomaterials, and biomaterials. This diversity makes the Acrylic Acid industry highly dynamic and adaptable.

A Research Methodology is a comprehensive document that analyzes and presents the current and future trends, opportunities, challenges, and advancements in research methods, tools, and technologies. It encompasses a wide range of topics related to research, including data collection, analysis, interpretation, and reporting. These reports serve as a valuable resource for researchers, businesses, and academic institutions, helping them stay up-to-date with the latest developments in the field.

Market Drivers and Challenges:

Identify and elaborate on the factors that are propelling Acrylic Acid market growth. These could include technological advancements, rising demand from various industries, regulatory changes, and shifting consumer preferences. Discuss the obstacles and challenges hindering the Acrylic Acid market's growth potential. This could encompass regulatory hurdles, environmental concerns, economic fluctuations, and supply chain disruptions.

Market Trends and Opportunities:

Highlight the latest trends shaping the Acrylic Acid market. This might encompass sustainable and eco-friendly materials, digitization and automation, and evolving R&D practices. Identify untapped opportunities within the Acrylic Acid sector. This could involve niche markets, emerging applications, or gaps in the current product offerings.

Top Market Leader Included: -

Basf, DuPont, Nippon Shokubai, Akema, Formosa, LG Chem, Mitsubishi Chem, Toagosei, Sasol, Hexion, Idemitsu Kosan, Jiangsu Jurong, HUAYI, Satellite, Basf-YPC, Sanmu Group, Shandong Kaitai, CNOOC, ChemChina, CNPC, Eastern Petr

Acrylic Acid Market Segmentation:

Segment by Type:

Acrylic Acid 100%
Acrylic Acid 80%
Acrylic Acid/Toluene

Segment by Application

Super Absorbent Polymers (SAP)
Detergent
Water Treatment
Others

Acrylic Acid Market Regional Insights

The report takes readers on a journey through four key regions: United States, Asia-Pacific, and EMEA. Key nations like the United States, Germany, the United Kingdom, China, Japan, South Korea, and more are thoroughly examined. The data is presented in a timeline from 2023 as the base year, with projections extending to 2030.

→ North America (U.S., Canada, China)
→ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
→ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
→ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

Emerging Markets

Emerging markets, such as Southeast Asia, Eastern Europe, and parts of Africa, offer immense growth opportunities for Acrylic Acid companies. These regions are witnessing rapid industrialization, urbanization, and a rising middle class. To tap into these markets successfully, companies must navigate diverse regulatory landscapes and adapt to local preferences and practices.

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Research Objectives: The primary objectives of this research report are as follows:

To understand the current state of the Acrylic Acid market.
To analyze the market's historical performance and growth trajectory.
To identify key drivers, restraints, opportunities, and challenges in the market.
To explore emerging trends and their impact on the market.
To examine market segmentation by type, application, and region.
To assess the competitive landscape and profile key players.
To provide a regional analysis of the market.
To offer insights into the future outlook and growth prospects of the market.

Porter's Five Forces Analysis:

Threat of New Entrants
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of Substitutes
Competitive Rivalry

Key questions answered in the Acrylic Acid Market are:

What was the Acrylic Acid Market size in 2025?
What is the expected Acrylic Acid Market size by 2031?
What are the Acrylic Acid Market segments?
Who are the Top key players in the Acrylic Acid industry?
Which region held the largest Acrylic Acid market share in 2025?

Chapter Outline

Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 2: Detailed analysis of Acrylic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 5: Sales, revenue of Acrylic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 6: Sales, revenue of Acrylic Acid in country level. It provides sigmate data by Type, and by Application for each country/region.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.

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