United States Acrylic Acid Market 2025 | Growth Drivers, Trends & Market Forecast, Competitive Landscape & Investment Opportunities

Market Size and Growth

The Global Acrylic Acid Market size was worth US$ 11.30 billion in 2023 and is estimated to reach US$ 14.72 billion by 2031, growing at a CAGR of 3.52% during the forecast period (2024-2031).

Key Development:

United States: Recent Industry Developments

✅ August 2025: BASF acquired a U.S.-based specialty polymer company to expand its acrylic polymer portfolio. The acquisition strengthens production and R&D capabilities, targeting coatings, adhesives, and industrial applications.

✅ July 2025: Dow launched a new high-performance acrylic polymer for coatings and adhesives, focusing on durability and weather resistance. The product targets construction and industrial applications, emphasizing sustainability and improved performance.

✅ March 2025: Arkema introduced an advanced acrylic polymer for automotive and electronics applications, backed by a $12 million R&D investment. The polymer enhances flexibility and chemical resistance, supporting manufacturers seeking high-quality, innovative materials.

Japan: Recent Industry Developments

✅ July 2025: Mitsubishi Chemical launched a new acrylic polymer for paints and coatings in Japan, emphasizing durability and environmental compliance. The product targets industrial and commercial applications, supporting sustainable manufacturing practices.

✅ 2025 Forecast: The bio-acrylic acid market in Japan is projected to witness strong growth, with applications in paint and coatings, surfactants, adhesives, sealants, textiles, and sanitary products.

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Acrylic acid is a colorless liquid organic compound with a carboxylic acid group, used as a key building block in the production of polymers, coatings, adhesives, and superabsorbent materials. It provides durability, water absorbency, and chemical resistance in various industrial applications.

Recent Mergers and acquisitions:

United States: Recent M&A in Acrylic Acid Sector

✅ March 2025: Nippon Paint Holdings acquired AOC Resins, a Tennessee-based producer and supplier of resins and specialty materials used in the manufacturing of composite parts.

✅ January 2025: Arlington Capital Partners acquired Fiber Materials, a Maine-based developer and manufacturer of composite materials for the defense sector.

Japan: Recent M&A in Acrylic Acid Sector

✅ June 2025: Nippon Shokubai's U.S. Group Companies acquired ISCC PLUS certification for acrylic acid, enhancing their sustainability credentials in the U.S. market.

Key Players:

=> BASF SE, Arkema SA, Nippon Shokubai Co. Ltd., Evonik Industries, The DOW Chemical Company, LG Chem Ltd., Mitsubishi Chemical Holdings Corp., PJSC Sibur Holding, Sasol Ltd. and Hexion Inc.

Growth Forecast Projected:

The Global Acrylic Acid Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Acrylic Acid Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Derivative: Acrylic Esters, Acrylic Polymers, Others

➥ By Application: Surface Coatings, Adhesives and Sealants, Plastic Additives, Sanitary Products, Textiles, Others

Regional Analysis for Acrylic Acid Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among Acrylic Acid producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze Acrylic Acid revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the Acrylic Acid Market?

A: In 2023, the Acrylic Acid Market was valued at US$ 11.30 billion , reflecting its strong industry presence.

Q2: How large is the Acrylic Acid Market expected to be by 2031?

A: By 2031, industry forecasts suggest the Acrylic Acid Market will grow to around US$ 14.72 billion, demonstrating significant expansion.

Q3: What is the growth rate of the Acrylic Acid Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 3.52% during the forecast period from 2024 to 2031.

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