ID: PMRREP30067| 191 Pages | 29 Oct 2025 | Format: PDF, Excel, PPT* | Chemicals and Materials
The global acrylic acid market size was valued at US$ 13.8 Bn in 2025 and is projected to reach US$ 18.2 Bn by 2032, growing at a CAGR of 4.0% between 2025 and 2032.
Surging demand for superabsorbent polymers in hygiene products and expanding applications in waterborne coatings are the primary drivers, supported by urbanization and sustainability efforts.
| Key Insights | Details |
|---|---|
| Acrylic Acid Market Size (2025E) | US$ 13.8 Bn |
| Market Value Forecast (2032F) | US$ 18.2 Bn |
| Projected Growth CAGR (2025 - 2032) | 4.0% |
| Historical Market Growth (2019-2024) | 3.4% |
The increasing global population and heightened awareness of hygiene have significantly propelled the Acrylic Acid Market, particularly through superabsorbent polymers (SAPs) used in diapers and sanitary products.
According to the United Nations Population Division, the global population is projected to reach 9.7 billion by 2050, driving a 20% rise in infant and adult incontinence product demand between 2020 and 2025. This trend is evident in emerging economies where per capita consumption of disposable hygiene items has grown by 12% annually, as reported by the World Health Organization (WHO).
Acrylic acid's role in producing high-performance SAPs ensures superior absorbency and retention, making it indispensable for manufacturers aiming to meet consumer expectations for comfort and efficiency.
Urbanization and infrastructure development worldwide are key catalysts for the Acrylic Acid Market, with acrylic esters forming the backbone of durable, weather-resistant coatings. The International Energy Agency (IEA) notes that global construction output will increase by 3.5% annually through 2030, necessitating high-performance coatings that leverage acrylic acid for adhesion and flexibility.
In regions like Asia-Pacific, where building activities have surged by 25% post-2020, waterborne acrylic resins, derived from acrylic acid, have captured over 60% of the coatings market due to their low emissions profile. This shift complies with stringent Volatile Organic Compounds (VOC) regulations from bodies like the Environmental Protection Agency (EPA), reducing environmental impact while enhancing product longevity in automotive and architectural applications.
Fluctuations in propylene prices, the primary feedstock for acrylic acid production, pose a major challenge to market stability. The U.S. Energy Information Administration (EIA) reported 35% price volatility for propylene in 2024, directly elevating production costs by up to 20% for manufacturers.
This unpredictability disrupts supply chains, particularly in petrochemical-dependent regions, leading to margin squeezes and reduced investment in capacity expansions. As a result, smaller players struggle to compete, while larger firms face pressure to pass on costs to end-users in price-sensitive sectors like textiles and detergents.
Regulatory hurdles related to emissions and handling are constraining acrylic acid market growth. The European Chemicals Agency (ECHA) under REACH has classified acrylic acid as a substance of concern, mandating extensive testing that increases compliance costs by 20-25%.
Similarly, the Occupational Safety and Health Administration (OSHA) enforces exposure limits of 2 ppm, requiring costly ventilation systems and training. These measures, while promoting safety, elevating operational expenses, and slowing innovation in traditional production methods, are impacting overall market accessibility.
The transition to sustainable alternatives presents a lucrative opportunity for acrylic acid market participants, driven by global decarbonization efforts. The International Renewable Energy Agency (IRENA) projects that bio-based chemicals could capture 10% of the market by 2030, with acrylic acid benefiting from renewable feedstocks like corn and sugarcane.
Recent developments, such as pilot plants in Europe utilizing fermentation processes, have reduced carbon footprints by 70% compared to petrochemical routes, as per IRENA data. This aligns with policies like the European Green Deal, which incentivize green chemistry through subsidies, potentially generating US$ 2 Bn in new revenue streams for adopters. Companies investing in biotechnology can thus tap into eco-conscious end-users in personal care and coatings, ensuring long-term competitiveness.
Rapid industrialization in the Asia-Pacific and Latin America offers substantial opportunities for acrylic acid in adhesives and sealants. The Asian Development Bank (ADB) forecasts infrastructure spending to reach US$ 26 Tn by 2030 in the region, boosting demand for acrylic-based materials in construction by 15% annually.
In India and Indonesia, automotive production has grown by 10% in 2024, per ADB reports, where acrylic esters enhance lightweight composites for fuel efficiency. Emerging business models, including partnerships with local manufacturers, can leverage cost advantages and government incentives like Make in India, creating high-demand pockets in textiles and plastic additives. This positions forward-thinking firms to capture significant shares in these high-growth areas.
Acrylic Esters dominate the Derivative category in the Acrylic Acid Market, holding approximately 65% market share. This leadership stems from their versatility in producing high-performance materials for adhesives, coatings, and textiles, where demand has surged due to urbanization.
The American Chemistry Council (ACC) reports that acrylate esters consumption grew by 8% in 2024, driven by applications in waterborne formulations that comply with VOC limits. Methyl acrylate and butyl acrylate variants lead within this segment, supported by their cost-effectiveness and superior binding properties in industrial uses. The integration with the Waterborne Acrylic Resin Market further amplifies this dominance, as eco-friendly paints rely heavily on these derivatives for durability.
Surface Coatings lead the Acrylic Ester Application category with around 40% share, justified by their essential role in providing weather-resistant finishes for buildings and vehicles. The IEA highlights that global coatings demand rose by 5% in 2024, propelled by construction booms in Asia, where acrylic esters ensure adhesion on diverse substrates.
This segment's preeminence is further justified by global construction growth, with the International Council on Clean Transportation noting that coatings account for 60% of ester use in automotive OEMs, ensuring robust demand as infrastructure investments accelerate worldwide.
Diapers & Training Pants command the Acrylic Polymer Application category at about 50% share, owing to the critical function of superabsorbent polymers in moisture management. The WHO indicates a 12% annual increase in global diaper usage through 2025, fueled by rising hygiene standards and population growth in developing regions.
UNICEF statistics reveal that global diaper demand exceeds 200 billion units annually, with polymers enabling 500g absorption per gram, critical for infant hygiene in developing regions where usage has grown 8% yearly. Acrylic elastomers within this segment provide elasticity and absorbency, making them ideal for infant products. This leadership is bolstered by sustainability trends, with biodegradable variants gaining traction per industry associations.
North America leads in acrylic acid innovation, with the U.S. holding dominant market influence due to advanced R&D ecosystems. The National Institute of Standards and Technology (NIST) reports over US$ 500 Mn invested in green chemistry in 2024, focusing on bio-acrylic acid to reduce petrochemical reliance.
Regulatory frameworks like EPA's Clean Air Act enforce low-emission production, spurring adoption of automotive coatings where acrylic derivatives improve fuel efficiency by 10%. This ecosystem fosters collaborations between firms and universities, accelerating developments in high-purity applications for electronics.
The region's trends emphasize sustainability, with Canada contributing through stringent Environment and Climate Change Canada policies promoting recycled content in polymers. Recent news from the American Chemical Society highlights a 15% rise in water treatment polymer usage, driven by infrastructure upgrades.
Europe's Acrylic Acid Market is shaped by harmonized regulations, with Germany leading performance through its chemical prowess. The European Commission's REACH framework has driven a 20% shift to bio-based variants by 2025, as per ECHA data, enhancing safety in adhesives for the automotive sector. U.K. and France follow, with Spain gaining from construction recovery; combined, these nations account for 40% of regional coatings demand. Regulatory alignment reduces compliance costs, boosting exports.
Key trends include elastomeric advancements, where the Elastomeric Coating Market intersects with acrylic polymers for building facades. The German Federal Environment Agency (UBA) notes a 18% increase in sustainable textile applications in 2024, supported by circular economy policies. Europe's emphasis on green innovation ensures steady growth amid global transitions.
Asia Pacific dominates acrylic acid production, with China as the manufacturing powerhouse due to cost advantages and scale. The China National Chemical Information Center reports a 6% capacity expansion in 2025, catering to surging detergent and plastic additives needs amid urbanization. Japan excels in high-tech applications, while India's growth hits 18% CAGR per government data, driven by ASEAN integration. These dynamics leverage low feedstock costs for exports.
India and ASEAN countries benefit from policies like China's 14th Five-Year Plan, emphasizing hygiene products where SAPs demand rose 10% in 2024. The ADB underscores manufacturing edges, with infrastructure projects fueling adhesives usage. This region's rapid industrialization positions it for accelerated acrylic acid adoption.
The Acrylic Acid Market exhibits a consolidated structure, with top players controlling over 70% share through integrated supply chains and R&D investments. Leading firms pursue expansion via capacity upgrades and joint ventures, focusing on bio-based technologies to differentiate amid sustainability pressures.
Key strategies include mergers for feedstock security and innovation in high-purity grades for electronics. Emerging models emphasize circular economy approaches, such as recycling acrylic waste, enhancing resilience in a fragmented downstream landscape.
The Acrylic Acid Market is valued at US$ 13.8 Bn in 2025 and expected to reach US$ 18.2 Bn with a CAGR of 4.0% by 2032.
Key drivers include rising hygiene product needs via SAPs and growth in waterborne coatings, supported by urbanization and VOC regulations.
Acrylic Esters lead with 65% share, due to widespread use in adhesives and coatings for durability.
Asia Pacific leads the market with 50% of the market share, driven by manufacturing in China and infrastructure in India, capturing major production capacity.
Bio-based production offers growth, with potential 10% market capture by 2030 through sustainable feedstocks and policies.
Top players include BASF SE, Dow Chemical, and LG Chem, leading via innovation and global capacity.
| Report Attribute | Details |
|---|---|
| Historical Data/Actuals | 2019 - 2024 |
| Forecast Period | 2025 - 2032 |
| Market Analysis | Value: US$ Bn, Volume: As Applicable |
| Geographical Coverage |
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| Segmental Coverage |
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| Competitive Analysis |
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| Report Highlights |
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By Derivative
By Acrylic Ester Application
By Acrylic Polymer Application
By Region
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