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Acrylic Acid Market Analysis & Forecast: 2025-2032

Acrylic Acid Market, By Derivatives (Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2-Ethylhexyl Acrylate, Glacial Acrylic Acid, Super Absorbent Polymers, and Others), By Applications (Paints and Coatings, Adhesives and Sealants, Surfactants, Sanitary Products, Textiles, and Other Applications), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Historical Range: 2020 - 2024
  • Forecast Period: 2025 - 2032

Global Acrylic Acid Market Size and Share Analysis – 2025 to 2032

The global acrylic acid market is estimated to be valued at USD 12.10 Bn in 2025 and is expected to reach USD 15.51 Bn by 2032, growing at a compound annual growth rate (CAGR) of 3.6% from 2025 to 2032.

Acrylic Acid Market Key Factors

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Key Takeaways

  • Based on Derivates, Super Absorbent Polymers Segment dominates the market with 35.0% share in 2025. This is due to rising demand for hygiene products like diapers and adult incontinence items that rely heavily on acrylic acid-based absorbent materials.
  • Based on Application, Paint & Coatings Segment dominates the market with 34.8% share in 2025. It is due to manufacture polyacrylates - versatile binders that give paints and coatings excellent adhesion, corrosion protection, gloss, durability, and weatherability.
  • Based on Region, North America is expected to hold 38.0% of the market share in 2025. This is due to strong presence of raw material suppliers and acrylic acid manufacturers.

Market Overview

Acrylic acid is used as a raw material for various products like superabsorbent polymers, acrylate esters, acrylamide, and others which find applications in industries like construction, packaging, and hygiene among others which is fueling the market growth. The market is expected to witness steady growth on account of rising application of acrylic acid in the production of water absorbent polymers which are majorly used in baby diapers. Adult incontinence products and female hygiene products. With rising global population and consumption, the demand for such end-use products is growing, which will drive the acrylic acid market during the forecast period.

Current Events and Its Impact on Acrylic Acid Market

Current Events

Description and its impact

Increase of Acrylic Acid Production Capacity in Asia

  • Description: In 2024, leading chemical manufacturers such as BASF and Formosa Plastics expanded their production capacities of acrylic acid in Asia, predominantly in China and Taiwan. The BASF's new mega-capacity glacial acrylic acid (GAA) and butyl acrylate plants in Zhanjiang began mechanical completion in 2025, and Formosa Plastics is going to increase capacity to meet growing demand from the building, packaging, and hygiene sectors. This expansion is prompted by growing application of acrylic acid derivatives in water-absorbent polymers for baby diapers and feminine care, and in infrastructure and consumer goods coatings and adhesives.
  • Impact: The surplus capacity mitigates against supply shortages and stabilizes the acrylic acid price in the event of heightened demand, particularly in the Asia-Pacific. It supports manufacturers in accelerating the production of superabsorbent polymers vital to hygiene products, responding to expanded consumer demands. The investment further increases regional economic growth and strengthens the global value chain to facilitate more competitive prices and market availability of the product for companies that depend on acrylic acid derivatives.

Bio-Based Acrylic Acid Production Expansion

  • Description: In 2025, prominent manufacturers of chemicals like LG Chem and BASF made great strides in commercializing bio-based acrylic acid to meet increasing sustainability requirements from the hygiene and packaging industries.
  • LG Chem, for its part, initiated pilot-scale production of acrylic acid from 3-hydroxypropionic acid (3HP) via microbial fermentation technology, providing a green alternative to petroleum-based production. Meanwhile, BASF commissioned its Zhanjiang plant, set up to deliver supply to the Asian market for hygiene products. These are indicative of an industry shift towards green chemistry in light of environmental laws and consumer demand for low-carbon, sustainable raw materials.
  • Impact: Utilization of bio-based acrylic acid in superabsorbent polymers mainly marketed for baby diapers, feminine hygiene products, and adult incontinence products directly encourages market growth due to strong demand for environmentally friendly personal care products. Manufacturers are favored by differentiation on the basis of sustainability, while end-use markets are favored by low-footprint materials without sacrificing performance. Moreover, diversification of raw material sources stabilizes price and minimizes reliance on fluctuating petrochemical markets, thus improving long-term competitiveness and resilience in the global acrylic acid value chain.

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Market Concentration and Competitive Landscape

Acrylic Acid Market Concentration By Players

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Segmental Insights

Acrylic Acid Market By Derivatives

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Acrylic Acid Market Insights, By Derivatives

Super absorbent polymers are primarily used in baby diapers and feminine hygiene products such as sanitary napkins with 35.0% share in 2025. The global birth rate has been steadily increasing over the past few decades, driving greater demand for baby diapers. As disposable incomes rise across developing regions, more parents are opting for convenient disposable diapers rather than traditional cloth diapers.

Additionally, women's emancipation and rising awareness about hygiene has boosted sales of Sanitary pads worldwide. Super absorbent polymers play a vital role in absorbing and retaining liquids in these single-use products. Their ability to absorb hundreds of times their own weight in fluids makes them perfectly suited for applications that require rapid liquid uptake and retention.

Furthermore, ongoing initiatives by governments and NGOs to promote menstrual hygiene in rural areas will augment the consumption of super absorbent polymers used in sanitary protection. Rapid urbanization too is resulting in changed lifestyles that favor the usage of disposable hygiene products. These structural trends in populations and lifestyles will ensure sustained demand growth for super absorbent polymers used in baby and feminine care applications over the foreseeable future.

Acrylic Acid Market Insights, By Application

Acrylic acid plays an indispensable role in the production of paints and coatings with 34.8% share in 2025. It is primarily used to manufacture polyacrylates - versatile binders that give paints and coatings excellent adhesion, corrosion protection, gloss, durability, and weatherability. Both architectural and industrial sectors extensively employ paints and coatings for applications such as building exteriors, vehicles, machinery, facilities, etc.

The architectural segment in particular has been growing steadily with the ongoing construction of residential and commercial infrastructure worldwide. Meanwhile, recovering industrial activity is also propelling the demand for industrial coatings from sectors like automotive, general manufacturing, oil & gas, aerospace, etc.

Acrylic acid feeds into these robust coatings market by offering properties like gloss retention, resistance to abrasion and chemicals, and compatibility with a range of pigments and solvents - making it suitable for diverse end use environments. Water-based acrylic coatings especially are gaining favor due to their low VOC emission and eco-friendly nature. Thus, the widespread applicability and growing consumption of paints and coatings across industries continues to make it the dominant end-user segment for acrylic acid globally.

Regional Insights 

Acrylic Acid Market Regional Insights

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North America Acrylic Acid Market Analysis and Trends

North America currently dominates the global acrylic acid market and is expected to remain the leading regional market over the forecast period. It is expected to hold 38.0% of the market share in 2025. The region has a strong presence of raw material suppliers and acrylic acid manufacturers. The U.S., in particular, is home to some of the largest companies in the acrylic acid industry such as Dow Chemicals and Arkema.

The favorable business environment and easy availability of feedstock have been driving factors for industry players to focus on capacity additions.

Asia Pacific Acrylic Acid Market Analysis and Trends

The Asia Pacific region is poised to be the fastest growing market for acrylic acid during this decade. Rapid industrialization and infrastructure development are driving the consumption of downstream products in countries such as China and India. Both nations have emerged as global manufacturing hubs which is increasing the demand for acrylic acid in applications like superabsorbent polymers, paints, and construction chemicals. Local producers are expanding their capacity to cater to the growing needs of domestic industries.

Acrylic Acid Market Dominating Countries

United States Acrylic Acid Market Analysis and Trend

The United States dominates the acrylic acid market due to its highly developed chemical production base and robust demand from end-use applications like adhesives, coatings, and personal care. Having large chemical majors and ongoing investments in capacity increases facilitates its dominance of the market.

China Acrylic Acid Market Analysis and Trend

Germany is also a significant player in the acrylic acid industry, thanks to high demand from the automotive and construction industries, and accelerated industrialization and urbanization. The nation has significantly invested in increasing its production capacities, making it one of the world's largest producers and consumers.

Germany Acrylic Acid Market Analysis and Trend

Germany leads the European market for acrylic acid with its well-developed chemical industry and high emphasis on research and development. Germany's high environmental regulations also promote the use of environmentally friendly production technologies, maintaining it as the leader in terms of innovation.

India Acrylic Acid Market Analysis and Trend

India is becoming an emerging market for acrylic acid owing to increasing manufacturing industries, growing disposable income, and greater use in hygiene products and coatings. Investments in new production facilities and technology upgradation are driving India's market share.

Market Report Scope

Acrylic Acid Market Report Coverage

Report Coverage Details
Base Year: 2024 Market Size in 2025: USD 12.10 Bn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 3.6% 2032 Value Projection: USD 15.51 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Derivatives: Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, 2-Ethylhexyl Acrylate, Glacial Acrylic Acid, Super Absorbent Polymers, and Others
  • By Applications: Paints and Coatings, Adhesives and Sealants, Surfactants, Sanitary Products, Textiles, and Other Applications
Companies covered:

Arkema, BASF SE, China Petroleum & Chemical Corporation (SINOPEC), Dow, Formosa Plastic Corporation, LG Chem, Merck KGaA, Mitsubishi Chemical Corporation, NIPPON SHOKUBAI CO. LTD, Sasol, Shanghai Huayi Acrylic Acid Co. Ltd, Satellite Chemical Co. Ltd, Wanhua, Dhalop Chemicals, Emco Dyestuff Pvt , Vizag Chemical, Niksan Pharmaceutical, and Innova Corporate

Growth Drivers:
  • Rising Demand from Super Absorbent Polymer Industry
  • Increasing Application in Adhesives & Sealants
Restraints & Challenges:
  • Volatility in Crude Oil Prices
  • Stringent Environmental Regulations

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Market Driver

  • Rising Demand from the Super Absorbent Polymer Industry

The super absorbent polymer industry has been a major contributor to the growth of the global acrylic acid market. Super absorbent polymers, also known as sodium polyacrylate or polyacrylate, are polymers that can absorb and retain large amounts of liquids relative to their own mass. They are primarily used in personal hygiene products like baby diapers, adult incontinence products, and feminine hygiene products.

Acrylic acid serves as the primary raw material for the production of super absorbent polymers. The global demand for super absorbent polymers has been increasing steadily owing to the rising aged population who require adult incontinence products and the growing baby population who use more disposable diapers.

The high absorbency and moisture wicking properties of super absorbent polymers provide more comfort to consumers, making disposable diapers and other hygiene products more popular. With increasing spending power, consumers in developing countries of Asia Pacific and Latin America are opting for disposable hygiene products instead of traditional cloth diapers and rags.

For example, in 2024, Arkema’s acrylic acid and ester production plant in Taixing, China received ISCC+ certification, affirming its sustainable, mass-balanced production process and reinforcing its commitment to greener chemical manufacturing.

  • Increasing Application in Adhesives & Sealants

The adhesive and sealants industry has emerged as another major driving factor for the global acrylic acid market in recent years. Acrylic acid serves as a primary monomer for the production of various types of adhesives and sealants that are used across various applications. With the growing infrastructure and construction activities, the demand for adhesives and sealants from building & construction industry has increased manifold.

Acrylic adhesives offer high strength, flexibility and resistance to heat and water, making them ideal for construction applications. Similarly, increasing automotive production is propelling the demand for acrylic sealants and adhesives that are used in vehicle manufacturing. Other applications such as packaging, footwear and furniture manufacturing also consume significant amounts of acrylic adhesives.

Strict environmental regulations regarding the use of solvent-based adhesives have further boosted the popularity of solvent-free and water-based acrylic adhesives. Large players in the adhesive and sealants industry are investing in R&D to develop newer acrylic formulations with enhanced properties.

Acrylic Acid Market Opportunities

Demand from the growing superabsorbent polymers sector

The acrylic acid market forecast for 2025 highlights strong growth driven by rising demand from the superabsorbent polymers sector, particularly in hygiene products like diapers and adult incontinence items. Additionally, acrylic acid’s widespread use in surface coatings and adhesives is seeing increased traction from booming construction and automotive industries. These applications benefit from acrylic acid’s durability, water resistance, and bonding properties. Rapid urbanization, infrastructure development, and vehicle production in emerging economies further fuel market expansion. As industries seek high-performance materials, acrylic acid remains a critical component, positioning the market for robust growth across multiple sectors in the coming years.

Acrylic Acid Industry News

  • In 2025, BASF has reached mechanical completion for its new acrylics complex at the Zhanjiang Verbund site in China, including world-scale glacial acrylic acid and butyl acrylate plants, in a key milestone towards full commissioning in 2025 and enhancing its production presence in Asia Pacific.
  • In February 2025, LG Chem revealed the opening of its initial commercial-scale plant for bio-based acrylic acid through microbial fermentation of 3‑hydroxypropionic acid (3HP) with targeted capacity of around 1 million tons per annum, affirming the transition towards sustainable, plant-derived alternatives to petrochemicals.

Analyst View

  • The global market for acrylic acid illustrates strong fundamentals instigated by rising demand from various end-use markets, especially superabsorbent polymers in hygiene and agriculture applications. Urbanization and increasing disposable incomes in emerging economies are driving consumption of personal care products, thus establishing consistent demand for acrylic acid derivatives. The growing paints and coatings sector, driven by construction and automotive manufacturing, is another key growth driver for the versatile chemical intermediate, as acrylic acid serves as an essential ingredient in coatings due to its excellent adhesion, durability, and weather resistance properties.
  • Yet the industry is under tremendous headwinds in the form of unstable raw material prices, especially propylene, that directly affect the cost of production and margins. Controls on emissions and waste management present further challenges, with manufacturers needing to invest extensively in cleaner production technologies and compliance, particularly in the production of acrylic acid derivatives such as acrylic esters, which are widely used in coatings, adhesives, and textiles.

Market Segmentation

  • Derivatives Insights (Revenue, USD Bn & KT, 2025 - 2032)
    • Methyl Acrylate
    • Butyl Acrylate
    • Ethyl Acrylate
    • 2-Ethylhexyl Acrylate
    • Glacial Acrylic Acid
    • Super Absorbent Polymers
    • Others
  • Applications Insights (Revenue, USD Bn & KT, 2025 - 2032)
    • Paints and Coatings
    • Adhesives and Sealants
    • Surfactants
    • Sanitary Products
    • Textiles
    • Other Applications
  • Regional Insights (Revenue, USD Bn & KT, 2025 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Argentina
      • Mexico
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East & Africa
      • GCC Countries
      • Israel
      • Rest of Middle East & Africa
  • Key Players Insights
    • Arkema
    • BASF SE
    • China Petroleum & Chemical Corporation (SINOPEC)
    • Dow
    • Formosa Plastic Corporation
    • LG Chem
    • Merck KGaA
    • Mitsubishi Chemical Corporation
    • NIPPON SHOKUBAI CO. LTD.
    • Sasol
    • Shanghai Huayi Acrylic Acid Co. Ltd.
    • Satellite Chemical Co. Ltd.
    • Wanhua
    • Dhalop Chemicals
    • Emco Dyestuff Pvt.
    • Vizag Chemical
    • Niksan Pharmaceutical
    • Innova Corporate

Sources

Primary Research Interviews

  • Acrylic Acid Manufacturers and Producers
  • Chemical Distributors and Suppliers
  • End User Industries (Paints & Coatings, Adhesives, Textiles)
  • E commerce Platform Providers
  • Others

Databases

  • Chemical Market Analytics by IHS Markit
  • ICIS Chemical Business Database
  • Platts Chemical Market Data
  • Global Trade Atlas
  • Others

Magazines

  • Chemical Engineering Magazine
  • Chemical Week
  • ICIS Chemical Business Magazine
  • Paint & Coatings Industry Magazine
  • Others

Journals

  • Journal of Applied Polymer Science
  • Industrial & Engineering Chemistry Research
  • Chemical Engineering Journal
  • Others

Newspapers

  • Chemical & Engineering News
  • Financial Times (Chemical Industry Section)
  • The Wall Street Journal (Chemical Markets)
  • Reuters Chemical News
  • Others

Associations

  • American Chemistry Council (ACC)
  • European Chemical Industry Council (CEFIC)
  • China Petroleum and Chemical Industry Federation (CPCIF)
  • Asia Pacific Chemical Industry Association
  • Others

Public Domain Sources

  • U.S. Environmental Protection Agency (EPA)
  • European Chemicals Agency (ECHA)
  • Trade Statistics from Government Portals
  • Company Annual Reports and SEC Filings
  • Others

Proprietary Elements

  • CMI Data Analytics Tool
  • Proprietary CMI Existing Repository of information for last 8 years

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About Author

Vidyesh Swar is a seasoned Consultant with a diverse background in market research and business consulting. With over 6 years of experience, Vidyesh has established a strong reputation for his proficiency in market estimations, supplier landscape analysis, and market share assessments for tailored research solution. Using his deep industry knowledge and analytical skills, he provides valuable insights and strategic recommendations, enabling clients to make informed decisions and navigate complex business landscapes.

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Frequently Asked Questions

The Acrylic Acid Market size is estimated to be valued at USD 12.10 Bn in 2025, and is expected to reach USD 15.51 Bn by 2032.

North America is expected to lead the global Market due to rapid industrialization and growing demand from hygiene and construction sectors.

Propylene is the leading raw material used in the production of acrylic acid.

Acrylic acid is primarily used in industry to manufacture superabsorbent polymers, adhesives, coatings, paints, and textiles due to its excellent polymerization properties and versatility.

The CAGR of the global Market is projected to be 3.6% from 2025 to 2032.

Rising demand from super absorbent polymer industry and increasing application in adhesives & sealants are the major factor driving the growth of the global market.

Volatility in crude oil prices and stringent environmental regulations are the major factors hampering the growth of the global market.

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