Acrylic Acid Market Size, Share, Trends, Industry Analysis Report: By Derivative, Application, and Region

Description

List of Tables

The global acrylic acid market size is expected to reach USD 20.66 billion by 2034, according to a new study by Polaris Market Research. The report "Acrylic Acid Market Size, Share, Trends, Industry Analysis Report: By Derivative (Acrylate Esters, Glacial Acrylic Acid, and Others), Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Acrylic acid is a versatile organic compound characterized by its unsaturated carboxylic acid structure. Its ability to undergo polymerization and copolymerization has made it crucial in manufacturing a wide range of materials and products.

The acrylic acid market growth is driven by increasing urbanization, industrialization, and a growing middle-class population. These factors have led to a surge in demand for consumer goods, personal care products, and infrastructure development, all of which heavily rely on acrylic acid-based materials. Additionally, the shift toward water-based adhesives and coatings, which are eco-friendly and sustainable, has boosted the demand for acrylic acid.

The development of bio-based acrylic acid presents a significant opportunity for innovation and acrylic acid market expansion. Major players in the market are investing in research and development to enhance production efficiency and improve the sustainability of their products. Furthermore, government initiatives promoting green chemistry and sustainable development are likely to encourage the adoption of bio-based acrylic acid in various applications.

Acrylic Acid Market Report Highlights

In terms of derivative, the glacial acrylic acid segment is expected to grow at a robust pace in the coming years, owing to its critical role as a raw material for superabsorbent polymers, which are widely used in personal care products.

Based on application, the personal care products segment dominated the market share in 2024 due to the increasing demand for hygiene products such as diapers and sanitary pads, which rely on superabsorbent polymers derived from acrylic acid.

In the global market, the Asia Pacific acrylic acid market has the highest revenue share in 2024 due to industrial growth, rapid urbanization, and a rising population. Countries such as China and India led this dominance due to their expanding construction, automotive, and personal care industries.

The Europe acrylic acid market is expected to witness a significant CAGR during the forecast period due to advancements in sustainable production technologies and an increasing focus on environmentally friendly chemicals.

Some of the global key market players are Shanghai Huayi Acrylic Acid Co., Ltd; NIPPON SHOKUBAI CO., LTD.; Dow; Sinopec; Formosa Plastics Corporation; Sasol; Wanhua; Vigon International, LLC.; SMC; BASF; Arkema; and LG Chem.

Polaris Market Research has segmented the acrylic acid market report on the basis of derivative, application, and region:

By Derivative Outlook (Volume - Kiloton, Revenue - USD Billion, 2020-2034)

Acrylate Esters
Glacial Acrylic Acid
Others

By Application Outlook (Volume - Kiloton, Revenue - USD Billion, 2020-2034)

Surfactants & Surface Coatings
Organic Chemicals
Adhesives and Sealants
Textiles
Water Treatment
Personal Care Products
Others

By Regional Outlook (Volume - Kiloton, Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1157

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Acrylic Acid Market Insights

4.1. Acrylic Acid Market - Market Snapshot
4.2. Acrylic Acid Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Growing Population Worldwide
  - 4.2.1.2. Innovations in Production Technologies
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Strict production norms
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Acrylic Acid Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Acrylic Acid Market, by Derivative

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
5.3. Acrylate Esters
- 5.3.1. Global Acrylic Acid Market, by Acrylate Esters, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
5.4. Glacial Acrylic Acid
- 5.4.1. Global Acrylic Acid Market, by Glacial Acrylic Acid, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
5.5. Others
- 5.5.1. Global Acrylic Acid Market, by Others, by Region, 2020-2034 (Volume, Kiloton, USD Billion)

6. Global Acrylic Acid Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
6.3. Surfactants & Surface Coatings
- 6.3.1. Global Acrylic Acid Market, by Surfactants & Surface Coatings, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
6.4. Organic Chemicals
- 6.4.1. Global Acrylic Acid Market, by Organic Chemicals, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
6.5. Adhesives and Sealants
- 6.5.1. Global Acrylic Acid Market, by Adhesives and Sealants, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
6.6. Water Treatment
- 6.6.1. Global Acrylic Acid Market, by Water Treatment, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
6.7. Textiles
- 6.7.1. Global Acrylic Acid Market, by Textiles, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
6.8. Personal Care Products
- 6.8.1. Global Acrylic Acid Market, by Personal Care Products, by Region, 2020-2034 (Volume, Kiloton, USD Billion)
6.9. Others
- 6.9.1. Global Acrylic Acid Market, by Others, by Region, 2020-2034 (Volume, Kiloton, USD Billion)

7. Global Acrylic Acid Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Acrylic Acid Market Assessment, By Geography, 2020-2034 (Volume, Kiloton, USD Billion)
7.3. Acrylic Acid Market - North America
- 7.3.1. North America: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.3.2. North America: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.3.3. Acrylic Acid Market - U.S.
  - 7.3.3.1. U.S.: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.3.3.2. U.S.: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.3.4. Acrylic Acid Market - Canada
  - 7.3.4.1. Canada: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.3.4.2. Canada: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
7.4. Acrylic Acid Market - Europe
- 7.4.1. Europe: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.2. Europe: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.3. Acrylic Acid Market - UK
  - 7.4.3.1. UK: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.3.2. UK: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.4. Acrylic Acid Market - France
  - 7.4.4.1. France: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.4.2. France: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.5. Acrylic Acid Market - Germany
  - 7.4.5.1. Germany: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.5.2. Germany: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.6. Acrylic Acid Market - Italy
  - 7.4.6.1. Italy: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.6.2. Italy: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.7. Acrylic Acid Market - Spain
  - 7.4.7.1. Spain: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.7.2. Spain: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.8. Acrylic Acid Market - Netherlands
  - 7.4.8.1. Netherlands: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.8.2. Netherlands: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.9. Acrylic Acid Market - Russia
  - 7.4.9.1. Russia: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.9.2. Russia: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.4.10. Acrylic Acid Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.4.10.2. Rest of Europe: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
7.5. Acrylic Acid Market - Asia Pacific
- 7.5.1. Asia Pacific: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.2. Asia Pacific: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.3. Acrylic Acid Market - China
  - 7.5.3.1. China: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.3.2. China: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.4. Acrylic Acid Market - India
  - 7.5.4.1. India: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.4.2. India: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.5. Acrylic Acid Market - Malaysia
  - 7.5.5.1. Malaysia: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.5.2. Malaysia: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.6. Acrylic Acid Market - Japan
  - 7.5.6.1. Japan: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.6.2. Japan: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.7. Acrylic Acid Market - Indonesia
  - 7.5.7.1. Indonesia: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.7.2. Indonesia: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.8. Acrylic Acid Market - South Korea
  - 7.5.8.1. South Korea: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.8.2. South Korea: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.9. Acrylic Acid Market - Australia
  - 7.5.9.1. Australia: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.9.2. Australia: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.5.10. Acrylic Acid Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
7.6. Acrylic Acid Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.6.2. Middle East & Africa: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.6.3. Acrylic Acid Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.6.3.2. Saudi Arabia: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.6.4. Acrylic Acid Market - UAE
  - 7.6.4.1. UAE: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.6.4.2. UAE: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.6.5. Acrylic Acid Market - Israel
  - 7.6.5.1. Israel: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.6.5.2. Israel: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.6.6. Acrylic Acid Market - South Africa
  - 7.6.6.1. South Africa: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.6.6.2. South Africa: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.6.7. Acrylic Acid Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
7.7. Acrylic Acid Market - Latin America
- 7.7.1. Latin America: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.7.2. Latin America: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.7.3. Acrylic Acid Market - Mexico
  - 7.7.3.1. Mexico: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.7.3.2. Mexico: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.7.4. Acrylic Acid Market - Brazil
  - 7.7.4.1. Brazil: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.7.4.2. Brazil: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.7.5. Acrylic Acid Market - Argentina
  - 7.7.5.1. Argentina: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.7.5.2. Argentina: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)
- 7.7.6. Acrylic Acid Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Acrylic Acid Market, by Derivative, 2020-2034 (Volume, Kiloton, USD Billion)
  - 7.7.6.2. Rest of Latin America: Acrylic Acid Market, by Application, 2020-2034 (Volume, Kiloton, USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. Shanghai Huayi Acrylic Acid Co., Ltd
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. NIPPON SHOKUBAI CO., LTD.
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. Dow
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Sinopec
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Formosa Plastics Corporation
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Sasol
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Wanhua
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Vigon International, LLC.
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. SMC
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. BASF
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development
9.11. LG Chem
- 9.11.1. Company Overview
- 9.11.2. Financial Performance
- 9.11.3. Product Benchmarking
- 9.11.4. Recent Development