Acrylic Acid and Esters Market Outlook 2026-2032 : Global Revenue Projected to Reach US$ 15.18 Billion

Market Overview and Research Scope -

QY Research Inc., A global market research and consulting firm, has announced the release of its latest 2026 report titled "Acrylic Acid and Esters - Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032." The report provides a data-driven analysis of the global Acrylic Acid and Esters market, integrating historical insights from 2020-2025 with forward-looking forecasts through 2032. It covers market size, competitive landscape, demand trends, and industry development, offering strategic insights for stakeholders navigating this rapidly evolving sector.

The global acrylic acid and esters market is projected to witness steady growth over the coming years, with market value rising from US$ 12.59 billion in 2025 to US$ 15.18 billion by 2032, reflecting a CAGR of 2.8% during the forecast period 2026-2032. This growth is driven by expanding industrial applications, rising demand for high-performance materials, and innovations in sustainable manufacturing processes.

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Understanding Acrylic Acid and Esters

Acrylic acid (C3H4O2) is a colorless, highly reactive liquid with a pungent odor, primarily derived from propylene, a by-product of petroleum refining. It is the simplest unsaturated carboxylic acid and a crucial intermediate in chemical synthesis due to its polymer-forming capabilities and versatility.

Acrylic esters, the derivatives of acrylic acid, are produced by reacting acrylic acid with alcohols such as methanol, ethanol, butanol, and 2-ethylhexanol. Prominent esters include methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate. These compounds serve as essential monomers in the production of polymers and copolymers, finding extensive use in adhesives, paints and coatings, textiles, plastics, and superabsorbent polymers (SAPs).

The market for acrylic acid and esters is a dynamic segment within the broader chemical industry, supported by growing demand for high-performance materials across construction, automotive, packaging, and personal care sectors.

Why Purchase This Report?

This report delivers a comprehensive, evidence-based overview of the Acrylic Acid and Esters market to support informed strategic planning and investment decisions. It includes free customization options, such as country-level analysis for up to five selected countries and a detailed segment-wise competitive revenue assessment of leading players.

By offering deep insights into market trends, growth drivers, challenges, competitive dynamics, and emerging opportunities, the report equips manufacturers, investors, and decision-makers with actionable intelligence to identify high-growth segments, optimize operations, and maintain a sustainable competitive advantage.

Key Market Drivers -

Rising Demand for Superabsorbent Polymers (SAPs):

One of the primary growth drivers for acrylic acid is the increasing consumption of SAPs, used in personal care products such as diapers, sanitary napkins, and adult incontinence products. SAPs exhibit exceptional water-absorbing and retention capabilities, making them indispensable in hygiene applications. With a growing global population and rising awareness of healthcare and hygiene, the demand for SAPs-and consequently, acrylic acid-is expected to continue surging.

Growth in Construction and Automotive Sectors:

Acrylic esters, particularly butyl acrylate and 2-ethylhexyl acrylate, are widely utilized in the production of adhesives and sealants. These materials are critical for industries such as construction, automotive, and electronics, where strong and durable bonds are essential. Rapid urbanization, industrial expansion, and increased infrastructure projects are driving the demand for adhesives and coatings, positively impacting the acrylic esters market.

Paints and Coatings Applications:

Acrylic acid and esters are vital in formulating paints and coatings, offering benefits such as UV stability, weather resistance, and excellent adhesion. The rising demand for eco-friendly and high-performance coatings, particularly in emerging economies, is further propelling market growth. The construction and automotive sectors, key consumers of coatings, are experiencing notable expansion, creating new opportunities for acrylic acid and ester producers.

Technological Advancements and Sustainable Production:

The industry is witnessing significant technological advancements, such as catalytic oxidation and energy-efficient processes, which enhance production efficiency while reducing environmental impact. Additionally, the development of bio-based acrylic acid from renewable biomass sources like glycerol aligns with global sustainability goals, catering to the rising preference for eco-friendly raw materials.

Expansion in Emerging Economies:

The growth of industrial sectors in Asia-Pacific, Latin America, and the Middle East is generating increased demand for high-performance materials. Emerging markets offer opportunities for acrylic acid and ester manufacturers to expand their operations and introduce innovative products tailored to regional requirements.

Competitive Landscape -

The global acrylic acid and esters market is moderately consolidated, with top players capturing approximately 35% of the market share. Leading companies include BASF, DOW, Nippon Shokubai, Akema, Formosa, LG Chem, and Mitsubishi Chemical. These industry giants leverage technological innovation, production scale, and global distribution networks to maintain leadership positions.

Other notable players include Toagosei, Sasol, Hexion, Idemitsu Kosan, HUAYI, Satellite, Basf-YPC, Sanmu Group, Shandong Kaitai, CNOOC, Shenyang Chemical, CNPC, Wanhua Chemical, and Shandong Nuoer Biological, indicating a broad global presence and strong competitive landscape.

Regional Insights -

Asia-Pacific: Leading the market with approximately 50% of global volume, driven by industrial expansion, construction growth, and high consumption of SAPs and coatings. Countries like China, Japan, South Korea, and India are major contributors to market growth.

North America: Holds the second-largest share (25%), supported by advanced manufacturing technologies, high consumption of SAPs, and robust construction and automotive sectors.

Europe: Steady demand for eco-friendly and high-performance coatings, adhesives, and SAPs maintains the market's growth trajectory.

South America and Middle East & Africa: Emerging regions with growing industrialization, urbanization, and healthcare product consumption are expected to contribute to future demand.

Market Segmentation -

By Type:

Acrylic Acid: Directly used in SAP production, paints, and coatings.

Acrylate Esters: Used in adhesives, sealants, coatings, and polymers.

By Application:

Coatings Industry: Weather-resistant paints and industrial coatings.

Textile: Acrylic-based fibers and finishing applications.

Oil Exploitation: Polymer additives for enhanced oil recovery.

Pharmacy Industry: Pharmaceutical polymers and hydrogels.

Others: Construction, packaging, and electronics.

Industry Trends -

Bio-Based Acrylic Acid Development
To address environmental concerns and regulatory pressure, manufacturers are investing in bio-based acrylic acid production, reducing dependence on fossil fuel-derived propylene.

Integration of Advanced Manufacturing Techniques
Use of catalysts, process optimization, and energy-efficient systems enhances production yield, reduces emissions, and lowers costs, making the industry more competitive.

Focus on Sustainability and Eco-Friendly Products
Rising consumer and regulatory demand for sustainable coatings, adhesives, and hygiene products is driving acrylic ester innovations with lower environmental impact.

Rising Demand for Superabsorbent Polymers
The continuous growth in personal care, hygiene, and medical applications ensures steady demand for acrylic acid, creating opportunities for market expansion globally.

Future Outlook -

The global acrylic acid and esters market is expected to experience steady growth through 2032, fueled by industrial demand, sustainability initiatives, and technological advancements. The CAGR of 2.8% reflects consistent expansion rather than volatility, providing a stable market environment for manufacturers, investors, and stakeholders.

Opportunities for market players include:

Expanding production in emerging markets to meet regional demand.

Developing eco-friendly and bio-based acrylic acids and esters to cater to regulatory requirements and environmentally conscious consumers.

Innovating high-performance products for coatings, adhesives, SAPs, and specialty polymers.

Strengthening strategic partnerships with downstream industries, including construction, automotive, packaging, and personal care.

Conclusion -

Acrylic acid and esters are critical chemical intermediates in the production of polymers, coatings, adhesives, and superabsorbent materials. With applications spanning personal care, automotive, construction, textiles, and pharmaceuticals, the market is positioned for sustained growth.

As global demand for high-performance, sustainable, and cost-effective materials continues to rise, manufacturers that invest in technological innovation, sustainability, and regional expansion are likely to capture significant market share.

The Asia-Pacific region will continue to lead market growth, while North America and Europe maintain stable consumption levels. Emerging economies present untapped opportunities for expansion, ensuring that the acrylic acid and esters market remains a dynamic and profitable segment of the global chemical industry.

By 2032, with a projected value of US$ 15.18 billion, the market will continue to reflect a combination of steady demand, sustainable practices, and innovation-driven growth, offering long-term opportunities for both established players and new entrants.

Key Questions Addressed in the Report -

✯ What is the overall market size and projected growth rate across global and regional segments?

✯ How does the market size and growth outlook vary across major countries?

✯ Which region or market sub-segment is anticipated to dominate growth during the forecast period?

✯ What are the primary factors expected to drive market expansion, and what challenges may restrain growth?

✯ Which emerging technologies and market trends are shaping the future landscape?

✯ What are the most significant opportunities available in the market?

✯ Who are the leading manufacturers actively participating in the global market?

✯ Which company currently holds the largest share of the market?

✯ What are the potential growth avenues for new entrants in the global market?

Benefits of purchasing QYResearch report:

Competitive Analysis:

QYResearch provides in-depth Acrylic Acid and Esters analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis:

QYResearch provides Acrylic Acid and Esters comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size:

QYResearch provides Acrylic Acid and Esters market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.

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Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Acrylic Acid and Esters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: 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 5 & 6: Sales, revenue of Acrylic Acid and Esters in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

About Us:

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