Acrylic Acid Market to Reach $17.10 Billion by 2032 — Key Growth Insights

The global acrylic acid market size was valued at USD 12.62 billion in 2024 and is projected to grow from USD 13.07 billion in 2025 to USD 17.10 billion by 2032, exhibiting a CAGR of 3.91% during the forecast period.

This growth reflects increasing demand for superabsorbent polymers, paints, coatings, and adhesives across industries.

Acrylic Acid Market: Key Highlights

The acrylic acid market is poised for stable growth driven by rising consumption in hygiene products, adhesives, and industrial applications.

Widespread Applications: Acrylic acid is a key building block for polymers used in diapers, adult incontinence products, coatings, and textiles.
Rising Hygiene Demand: Growth in superabsorbent polymers (SAPs) for personal hygiene products is one of the strongest demand drivers.
Industrial Growth: Expanding paints & coatings, construction, and packaging industries support market expansion.
Regional Leaders: Asia-Pacific dominates the market due to rapid industrialization and rising population demand, while North America and Europe follow with strong end-use industries.
Innovation in Bio-based Acrylic Acid: Manufacturers are investing in sustainable, renewable feedstock to reduce environmental impact.

Acrylic Acid Market Drivers and Emerging Trends to 2032

The global acrylic acid market is driven by both consumer needs and industrial expansion. Below are the major forces shaping its trajectory.

Market Drivers

Booming Hygiene Products Market
Superabsorbent polymers derived from acrylic acid are widely used in baby diapers, feminine hygiene, and adult incontinence products. With an aging population and increasing health awareness, demand is rising steadily worldwide.
Expanding Construction and Coatings Sector
Acrylic acid-based polymers are critical in paints, adhesives, and coatings. The construction boom in emerging economies fuels growth in waterproofing materials, sealants, and surface coatings.
Packaging Industry Growth
The shift toward lightweight, flexible, and durable packaging materials supports acrylic acid consumption. Adhesives and coatings based on acrylic acid are increasingly used in food and beverage packaging.
Textile and Leather Applications
Acrylic acid derivatives enhance fabric durability and provide water resistance, making them valuable in textile finishing and leather treatment.
Rising Environmental Awareness
Manufacturers are transitioning toward bio-based acrylic acid using renewable raw materials, aligning with global sustainability goals.

Emerging Trends

Bio-based Acrylic Acid: Companies are focusing on green chemistry to reduce carbon emissions, creating biodegradable SAPs and eco-friendly coatings.
Technological Innovations: Advances in polymerization processes are improving efficiency and product quality.
Strategic Collaborations: Key players are engaging in partnerships, mergers, and acquisitions to expand market reach.
Regional Growth in Asia-Pacific: High demand in China, India, and Southeast Asia is accelerating production capacities.
Sustainability in End-use Industries: The growing focus on eco-friendly diapers, paints, and packaging materials is boosting adoption.

Why This Report Stands Out

This acrylic acid market research provides strategic insights essential for manufacturers, distributors, investors, and policymakers. It highlights:

Detailed analysis of growth drivers and restraints
Competitive benchmarking of top players
Segmentation by application and region
Forecast outlook to 2032

The report offers valuable intelligence to help stakeholders align strategies with evolving market demands.

Who are the Largest Global Manufacturers in the Acrylic Acid Market?

Some of the leading companies include:

BASF SE
The Dow Chemical Company
Arkema S.A.
LG Chem Ltd.
Nippon Shokubai Co., Ltd.
Evonik Industries AG
Mitsubishi Chemical Holdings
Formosa Plastics Corporation
Sasol Limited
Shanghai Huayi Acrylic Acid Co., Ltd.

These players are focusing on expanding production capacity, adopting bio-based technologies, and strengthening regional footprints to maintain competitiveness.

Factors Driving the Growth of the Global Acrylic Acid Market

The acrylic acid market is segmented across multiple industries and applications.

By Application:

Superabsorbent Polymers (SAPs) — Diapers, feminine hygiene, adult incontinence
Acrylic Esters — Paints, coatings, adhesives, textiles
Detergents & Cleaners
Adhesives & Sealants
Others — Plastic additives, water treatment

By End Use:

Personal Care & Hygiene
Construction
Packaging
Textiles & Leather
Automotive

Acrylic Acid Market Future Scope, Trends, and Forecast [2025–2032]

The outlook for the acrylic acid market remains positive. By 2032, the market is expected to cross USD 17 billion, supported by strong demand from hygiene, packaging, and industrial applications.

Asia-Pacific Growth: This region will continue to lead due to rising population, urbanization, and demand for personal hygiene products.
Sustainable Pathways: Bio-based acrylic acid will play a pivotal role in reducing dependence on petroleum-based raw materials.
Global Investments: Leading companies are investing in R&D and expanding capacity in high-growth regions.

Regional Analysis

North America

Driven by advanced healthcare, packaging, and construction industries.
Adoption of bio-based acrylic acid is growing.

Europe

Strong demand in hygiene products and coatings.
Strict environmental regulations drive sustainable production.

Asia-Pacific

Largest and fastest-growing market, led by China and India.
Expanding manufacturing and consumer demand fuel growth.

Latin America

Growing packaging and construction demand, especially in Brazil and Mexico.

Middle East & Africa

Emerging demand in infrastructure and industrial projects.
Increasing use in adhesives, sealants, and coatings.

Competitive Landscape

The acrylic acid market is moderately consolidated, with major players focusing on:

Expanding production capacity in Asia-Pacific
Investing in bio-based and eco-friendly acrylic acid
Strategic alliances and mergers to strengthen portfolios
Enhancing distribution networks for global reach

Conclusion

The Acrylic Acid Market is on a steady growth trajectory, fueled by demand in hygiene, coatings, adhesives, and packaging. With sustainability trends accelerating, the shift toward bio-based acrylic acid offers new opportunities for innovation and eco-friendly solutions.

As industries and consumers prioritize durability, performance, and sustainability, acrylic acid will remain a vital component across diverse applications. Companies investing in green technologies, strategic expansions, and advanced applications are likely to gain a competitive edge in the coming decade.