| Market Size 2023 (Base Year) | USD 14.19 Billion |
| Market Size 2032 (Forecast Year) | USD 21.82 Billion |
| CAGR | 4.9% |
| Forecast Period | 2024 - 2032 |
| Historical Period | 2018 - 2023 |
According to Market Research Store, the global acrylic acid market size was valued at around USD 14.19 billion in 2023 and is estimated to reach USD 21.82 billion by 2032, to register a CAGR of approximately 4.9% in terms of revenue during the forecast period 2024-2032.
The acrylic acid report provides a comprehensive analysis of the market, including its size, share, growth trends, revenue details, and other crucial information regarding the target market. It also covers the drivers, restraints, opportunities, and challenges till 2032.

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Acrylic acid is a colorless, volatile organic compound with a pungent odor, primarily used as a key building block in the production of acrylate esters and polymers. Structurally characterized by a carboxylic acid group attached to a vinyl group, acrylic acid is highly reactive and serves as a crucial monomer in the manufacture of superabsorbent polymers (SAPs), adhesives, paints and coatings, textiles, sealants, and plastics. It is typically produced via the oxidation of propylene, a petrochemical derivative.
The growth of the acrylic acid market is driven by the rising demand for superabsorbent polymers used in hygiene products such as diapers, adult incontinence items, and sanitary napkins. Additionally, the construction and automotive industries contribute to market expansion through the increased use of acrylic-based coatings, adhesives, and sealants that offer durability, water resistance, and UV protection.
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This report thoroughly analyzes the Acrylic Acid Market, exploring its historical trends, current state, and future projections. The market estimates presented result from a robust research methodology, incorporating primary research, secondary sources, and expert opinions. These estimates are influenced by the prevailing market dynamics as well as key economic, social, and political factors. Furthermore, the report considers the impact of regulations, government expenditures, and advancements in research and development on the market. Both positive and negative shifts are evaluated to ensure a comprehensive and accurate market outlook.
| Report Attributes | Report Details |
|---|---|
| Report Name | Acrylic Acid Market |
| Market Size in 2023 | USD 14.19 Billion |
| Market Forecast in 2032 | USD 21.82 Billion |
| Growth Rate | CAGR of 4.9% |
| Number of Pages | 150 |
| Key Companies Covered | Akrilat, American Acryl, BASF SE, Formosa Plastics, Rohm and Haas, Dow Chemical Company, LG Chem, Mitsubishi Chemical, StoHaas Monomer, Nippon Shokubai, Arkema. |
| Segments Covered | By Product, And By Region |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
| Base Year | 2023 |
| Historical Year | 2018 to 2023 |
| Forecast Year | 2024 to 2032 |
| Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global acrylic acid market is divided by application, end use, and region.
Based on application, the global acrylic acid market is divided into acrylate esters, glacial acrylic acid, and others. Acrylate Esters represent the dominant application segment in the acrylic acid market, primarily due to their extensive use in the production of superabsorbent polymers, coatings, adhesives, sealants, and textiles. These esters such as butyl acrylate, ethyl acrylate, and 2-ethylhexyl acrylate are widely employed for their flexibility, weather resistance, UV stability, and transparency. In water-based coatings, they provide excellent adhesion and durability, making them suitable for architectural, automotive, and industrial coatings. In adhesives and sealants, acrylate esters contribute to elasticity and moisture resistance, enhancing performance across pressure-sensitive and construction-grade applications. Their critical role in producing superabsorbent polymers used in hygiene products like diapers and adult incontinence items also supports their continued dominance in this segment.
On the basis of end use, the global acrylic acid market is bifurcated into surfactants & surface coatings, organic chemicals, adhesives and sealants, textiles, water treatment, personal care products, and others. Surfactants & Surface Coatings is the dominant end-use segment in the acrylic acid market, driven by the high demand for acrylic-based coatings in architectural, industrial, and automotive applications. Acrylic acid and its derivatives, especially acrylate esters, are key components in water-based paints and coatings due to their excellent adhesion, weather resistance, UV stability, and gloss retention. These coatings are preferred for their environmental compliance, especially in low-VOC formulations, and are widely used in construction, infrastructure, and metal finishing. In surfactants, acrylic acid acts as a chemical intermediate in the formulation of detergent polymers and dispersants used in household cleaning products, enhancing their efficiency and environmental compatibility.
North America dominates the acrylic acid market, driven by robust demand from the hygiene, adhesives, coatings, and plastics industries. The United States is the leading consumer and producer in the region, with extensive use of acrylic acid derivatives such as superabsorbent polymers (SAPs) for baby diapers, adult incontinence products, and feminine hygiene items. The adhesives and sealants sector further supports demand, particularly in construction and automotive applications. Additionally, acrylic acid is used in water treatment chemicals and coatings for paper, textiles, and metals. The region benefits from a well-developed petrochemical infrastructure, availability of propylene feedstock, and the presence of leading manufacturers investing in technological advancements and sustainable production practices, such as bio-based acrylic acid. Canada also contributes to regional demand, primarily in hygiene products and coatings.
Asia-Pacific is the fastest-growing region in the acrylic acid market, driven by rapid urbanization, rising disposable incomes, and expanding end-use industries such as hygiene, construction, and packaging. China is the largest consumer and producer, using acrylic acid extensively in SAPs, paints, adhesives, and textiles. Domestic demand is supported by a large population, growing birth rate, and increased hygiene awareness. India is emerging as a significant market with increasing production of acrylic-based dispersions for architectural coatings and hygiene products. Japan and South Korea show demand for high-purity and specialty acrylic acid grades used in electronics, performance coatings, and precision adhesives. Regional expansion is supported by ongoing capacity additions, feedstock availability, and competitive manufacturing costs.
Europe holds a significant share in the acrylic acid market, supported by strong demand from the personal care, construction, and automotive sectors. Germany, France, the UK, and Italy are major consumers, where acrylic acid is used in SAPs, pressure-sensitive adhesives, and high-performance waterborne coatings. The European market is shaped by strict environmental regulations that promote the use of low-VOC and water-based formulations in coatings and sealants. The hygiene industry also plays a crucial role, with SAP demand driven by aging populations and consumer awareness regarding hygiene and comfort. European chemical producers are focusing on bio-based acrylic acid and closed-loop manufacturing systems to align with EU sustainability and circular economy goals.
Latin America is an emerging market for acrylic acid, with Brazil and Mexico as the primary contributors. Demand is mainly driven by SAPs in personal hygiene products and adhesives used in packaging and construction. Brazil shows increasing adoption of acrylic-based paints and coatings in the residential and infrastructure sectors. In Mexico, acrylic acid is used in automotive adhesives and sealants, benefiting from proximity to North American supply chains. However, the region’s market is constrained by limited local production, high import dependence, and economic fluctuations. Still, rising urbanization, healthcare awareness, and growing construction activities are expected to drive steady demand over the medium term.
Middle East & Africa are developing regions in the acrylic acid market, with rising demand supported by growth in infrastructure, water treatment, and hygiene products. In the Middle East, countries like Saudi Arabia and the UAE are investing in acrylic-based coatings, adhesives, and sealants for large-scale construction and industrial projects. Demand is also rising for SAPs used in healthcare and consumer hygiene segments. Africa, led by South Africa and Nigeria, sees growing use of acrylic acid in waterborne paints, hygiene applications, and agricultural coatings. However, market growth is limited by high import dependency and underdeveloped chemical processing infrastructure. Despite these challenges, population growth and increasing industrialization are likely to support future demand.
The report provides an in-depth analysis of companies operating in the acrylic acid market, including their geographic presence, business strategies, product offerings, market share, and recent developments. This analysis helps to understand market competition.
Some of the major players in the global acrylic acid market include:
By Application
By End Use
By Region
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