Global Acrylic Acid Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Derivative;

Acrylic Esters- Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-Ethylhexyl Acrylate, Other Acrylic Esters, Acrylic Polymers- Water Treatment Polymers, Super Absorbent Polymer, Acrylic Elastomers, Others- Ammonium Polyacrylate, and Polycyanoacrylates.

By Application;

Surface Coatings, Adhesives & Sealants, Plastic Additives, Detergents, Textiles, Diapers & Training Pants, Adult Incontinence & Other Personal Care Products, Water Treatment, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn154450593 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Acrylic Acid Market (USD Million), 2021 - 2031

In the year 2024, the Global Acrylic Acid Market was valued at USD 20,384.86 million. The size of this market is expected to increase to USD 29,653.43 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

Acrylic acid, a colorless and corrosive liquid known for its polymer-forming capabilities, serves as a fundamental building block in various industries. It finds extensive application in the production of plastics, paints, synthetic rubbers, and textiles. Additionally, acrylic acid derivatives like acrylic esters and polymers play pivotal roles across diverse sectors, serving as key ingredients in numerous polymer formulations. The versatility of acrylic esters and polymers contributes to their high demand in various end-use applications, including surface coatings, sealants, adhesives, plastic additives, detergents, textiles, diapers, adult incontinence products, and water treatment solutions.

Acrylic esters and polymers are valued for their exceptional properties, which make them indispensable in many industries. They offer excellent adhesion, durability, and resistance to environmental factors, making them ideal for surface coatings and sealants. Moreover, their versatility allows for tailored formulations to meet specific performance requirements in diverse applications. From enhancing the durability of plastic products to improving the adhesion of coatings and sealants, acrylic esters and polymers play crucial roles across a wide spectrum of industries.

The widespread use of acrylic esters and polymers underscores their significance as essential components in various industrial processes. Their applications span from consumer goods like textiles and diapers to industrial sectors such as surface coatings and water treatment. As industries continue to innovate and evolve, the demand for acrylic acid derivatives is expected to remain robust, driven by their unmatched versatility and performance characteristics in meeting diverse application needs.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Derivative
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Acrylic Acid Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers:
        1. Increasing Demand from Acrylic Esters Production
        2. Growth in Construction and Infrastructure Projects
        3. Rising Adoption in Water Treatment Applications
      2. Restraints:
        1. Volatility in Feedstock Prices
        2. Environmental and Regulatory Constraints
        3. Competition from Alternative Chemicals
      3. Opportunities:
        1. Expansion of Acrylic Acid Derivatives Market
        2. Growth in Personal Care and Cosmetics Industry
        3. Increasing Demand for Water-based Paints and Coatings
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Acrylic Acid Market, By Derivative, 2021 - 2031 (USD Million)
      1. Acrylic Esters
        1. Methyl Acrylate
        2. Ethyl Acrylate
        3. Butyl Acrylate
        4. 2-Ethylhexyl Acrylate
        5. Other Acrylic Esters
      2. Acrylic Polymers
        1. Water Treatment Polymers
        2. Super Absorbent Polymer
        3. Acrylic Elastomers
      3. Others
        1. Ammonium Polyacrylate
        2. Polycyanoacrylates
    2. Global Acrylic Acid Market, By Application, 2021 - 2031 (USD Million)
      1. Surface Coatings
      2. Adhesives & Sealants
      3. Plastic Additives
      4. Detergents
      5. Textiles
      6. Diapers & Training Pants
      7. Adult Incontinence & Other Personal Care Products
      8. Water Treatment
      9. Others
    3. Global Acrylic Acid Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Arkema SA
      3. Nippon Shokubai Co. Ltd.
      4. Evonik Industries
      5. The DOW Chemical Company
      6. LG Chem Ltd.
      7. Mitsubishi Chemical Holdings Corp.
      8. PJSC Sibur Holding
      9. Sasol Ltd.
      10. Hexion Inc.
  7. Analyst Views
  8. Future Outlook of the Market