Acrylic Acid Market valued at USD 13.4 billion in 2024 and is projected to reach USD 18.7 billion by 2030

Market Overview
The Acrylic Acid Market is growing steadily due to strong demand from superabsorbent polymers (SAPs), adhesives & sealants, paints & coatings, textiles, plastics, and hygiene products. Acrylic acid is a key feedstock used in the production of acrylates, polymers, and resins that enable high absorbency, adhesion, flexibility, and durability across multiple industries.
The global market is valued at USD 13.4 billion in 2024 and is projected to reach USD 18.7 billion by 2030, expanding at a CAGR of 5.7% during 2024-2030. Major drivers include rising consumption of hygiene products, growth of construction and automotive industries, and increasing use of water-based acrylic formulations.

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Market Growth (2024-2030)
• Market Size 2024: USD 13.4 billion
• Market Size 2030: USD 18.7 billion
• CAGR: 5.7%
Asia-Pacific leads global consumption due to strong manufacturing activity, population growth, and rapid expansion in personal hygiene products.

Key Market Drivers
• Sharp rise in demand for superabsorbent polymers (SAPs) used in diapers, adult incontinence products, and feminine hygiene items
• Growing use of acrylic acid derivatives in coatings, adhesives, and water treatment chemicals
• Expansion of construction activity increasing consumption of acrylate-based paints & coatings
• Increased adoption of water-based and low-VOC products for environmental compliance
• Higher consumption of acrylic esters in automotive, textiles, home décor, and packaging
• Technological development in bio-based acrylic acid as a sustainable alternative

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Market Segmentation
By Product Type
• Acrylic Esters
o Butyl Acrylate
o Ethyl Acrylate
o Methyl Acrylate
o 2-Ethylhexyl Acrylate
• Glacial Acrylic Acid (GAA)
• Superabsorbent Polymers (SAPs)
• Water Treatment Polymers
• Other Derivatives

By Application
• Superabsorbent Polymers (Diapers, Hygiene Products)
• Surface Coatings
• Adhesives & Sealants
• Textiles & Fibers
• Water Treatment Chemicals
• Plastics & Packaging
• Detergents & Home Care Products
• Automotive & Construction Materials

By End-Use Industry
• Hygiene & Personal Care
• Construction
• Automotive
• Paints & Coatings
• Packaging
• Water Treatment
• Consumer Goods
• Industrial Manufacturing

By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Market Trends
• Strong shift toward bio-based acrylic acid to reduce carbon footprint
• Rising adoption of SAPs in adult incontinence products due to aging populations
• Increased use in water-based acrylic coatings for construction and automotive
• Growth of ultra-absorbent sanitary products boosting acrylic acid derivatives
• Technological advancements in catalysts and production processes
• Rising consumption in pressure-sensitive adhesives for packaging and labeling

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Competitive Landscape
Leading companies operating in the Acrylic Acid Market include:
• BASF SE
• The Dow Chemical Company
• Arkema S.A.
• Nippon Shokubai Co., Ltd.
• LG Chem
• Sasol Limited
• Mitsubishi Chemical Corporation
• Evonik Industries AG
• Sumitomo Chemical
• Formosa Plastics Corporation

These companies focus on expanding acrylic acid production capacity, innovating in SAP technologies, and developing sustainable acrylic acid routes.

Recent Developments
• Major players investing in bio-acrylic acid R&D for green material production
• New manufacturing plants announced in Asia-Pacific due to rising hygiene product demand
• Technological improvements aiming for higher yield, lower emissions, and improved catalysts
• Strategic partnerships between SAP manufacturers and hygiene product companies
• Expansion of acrylate polymer applications in high-performance coatings and adhesives

This report is also available in the following languages : Japanese (アクリル酸市場), Korean (아크릴산 시장), Chinese (丙烯酸市场), French (Marché de l'acide acrylique), German (Acrylsäuremarkt), and Italian (Mercato dell'acido acrilico), etc.

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