Product Code: ETC13143436 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 绿帽社 | Author: Sumit Sagar | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 绿帽社 internal database and industry insights, the Global Acrylic acid Market was valued at USD 15 Billion in 2024 and is expected to reach USD 20.7 Billion by 2031, growing at a compound annual growth rate of 4.70% during the forecast period (2025-2031).
The global acrylic acid market is witnessing steady growth driven by increasing demand from various end-use industries such as adhesives, coatings, and textiles. The market is expected to expand further due to the rising construction activities, automotive production, and consumer goods manufacturing. Key market trends include a shift towards bio-based acrylic acid production methods for sustainability, as well as technological advancements leading to improved product performance and efficiency. Asia-Pacific region dominates the market due to rapid industrialization and urbanization in countries like China and India. However, stringent environmental regulations and volatile raw material prices may pose challenges to market growth. Overall, the global acrylic acid market is projected to continue its growth trajectory in the coming years, fueled by expanding applications and evolving consumer preferences.
The Global Acrylic acid market is experiencing significant growth driven by rising demand from various end-use industries such as adhesives, coatings, textiles, and personal care products. Key trends in the market include increasing adoption of eco-friendly acrylic acid derivatives, such as bio-based acrylic acid, to meet sustainability goals. Additionally, the market is witnessing a shift towards high-performance acrylic acid products with improved properties and enhanced functionalities. Opportunities in the market lie in the development of innovative applications for acrylic acid in sectors like automotive, construction, and electronics, as well as expanding into emerging markets in Asia-Pacific and Latin America. With growing investments in research and development efforts to enhance product offerings and cater to evolving consumer demands, the Global Acrylic acid market is poised for further expansion in the coming years.
The Global Acrylic Acid Market faces various challenges, including fluctuating raw material prices, stringent environmental regulations, and increasing competition from alternative products. The volatility in prices of key raw materials such as propylene can impact the overall production costs and profitability of acrylic acid manufacturers. Additionally, strict environmental regulations regarding emissions and waste disposal require significant investments in sustainable production processes. Moreover, the market faces competition from bio-based acrylic acid and other sustainable alternatives, which are gaining traction due to their eco-friendly properties. Adapting to these challenges by investing in research and development, optimizing production processes, and expanding into emerging markets will be crucial for companies operating in the Global Acrylic Acid Market.
The global acrylic acid market is primarily driven by the increasing demand for super absorbent polymers (SAP) in the hygiene products industry, such as diapers and sanitary napkins, due to their high absorbency and moisture retention properties. Additionally, the growing use of acrylic acid in the production of adhesives, coatings, and textiles further propels market growth. The expanding construction and automotive industries also contribute to the increasing demand for acrylic acid-based products, as they are used in paints, sealants, and plastic additives. Moreover, the shift towards eco-friendly and sustainable products has led to the development of bio-based acrylic acid, offering new opportunities for market expansion. Overall, factors such as urbanization, population growth, and technological advancements are expected to drive the global acrylic acid market in the coming years.
Government policies related to the Global Acrylic Acid Market typically focus on environmental regulations, trade policies, and industry standards. Governments around the world are increasingly implementing stringent regulations to reduce emissions and improve sustainability in the production of acrylic acid. This includes measures to promote the use of eco-friendly production processes and technologies, as well as regulations on waste disposal and emissions control. Trade policies also play a significant role in shaping the global acrylic acid market, with tariffs and trade agreements impacting the flow of raw materials and finished products. Additionally, governments often collaborate with industry stakeholders to establish industry standards and guidelines to ensure product quality and safety. Overall, government policies in the Global Acrylic Acid Market aim to balance economic growth with environmental protection and consumer safety.
The global acrylic acid market is projected to witness steady growth in the coming years. Factors driving this growth include increasing demand for superabsorbent polymers in the hygiene industry, rising construction activities driving demand for adhesives and sealants, and growing automotive production boosting demand for acrylic acid-based coatings. Additionally, the shift towards sustainable and eco-friendly products is expected to drive the development of bio-based acrylic acid. However, challenges such as fluctuating raw material prices and environmental concerns related to the production process may impact market growth. Overall, technological advancements, expanding application areas, and increasing investments in research and development are anticipated to fuel the growth of the global acrylic acid market in the foreseeable future.
In the global acrylic acid market, Asia Pacific is a prominent region with the largest market share due to rapid industrialization, increasing construction activities, and growing demand for adhesives and coatings. North America and Europe follow closely behind, driven by the expanding automotive and construction sectors. The Middle East and Africa are showing steady growth due to infrastructure development initiatives, while Latin America is witnessing increasing consumption of acrylic acid in the paints and coatings industry. However, challenges such as volatile raw material prices and environmental concerns pose a threat to market growth across all regions. Overall, the global acrylic acid market is expected to continue expanding, with key players focusing on innovation and sustainability to maintain their competitive edge in the market.
Global Acrylic acid Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Acrylic acid Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Acrylic acid Market Revenues & Volume, 2021 & 2031F |
3.3 Global Acrylic acid Market - Industry Life Cycle |
3.4 Global Acrylic acid Market - Porter's Five Forces |
3.5 Global Acrylic acid Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Acrylic acid Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Global Acrylic acid Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Global Acrylic acid Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Acrylic acid Market Trends |
6 Global Acrylic acid Market, 2021 - 2031 |
6.1 Global Acrylic acid Market, Revenues & Volume, By Product, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Acrylic acid Market, Revenues & Volume, By Acrylate Esters, 2021 - 2031 |
6.1.3 Global Acrylic acid Market, Revenues & Volume, By Glacial Acrylic Acid, 2021 - 2031 |
6.1.4 Global Acrylic acid Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Acrylic acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Acrylic acid Market, Revenues & Volume, By Surfactants and Surface Coatings, 2021 - 2031 |
6.2.3 Global Acrylic acid Market, Revenues & Volume, By Organic Chemicals, 2021 - 2031 |
6.2.4 Global Acrylic acid Market, Revenues & Volume, By Water Filtration, 2021 - 2031 |
6.2.5 Global Acrylic acid Market, Revenues & Volume, By Adhesives and Sealants, 2021 - 2031 |
6.2.6 Global Acrylic acid Market, Revenues & Volume, By Textiles, 2021 - 2031 |
6.2.7 Global Acrylic acid Market, Revenues & Volume, By Water Treatment, 2021 - 2031 |
6.2.8 Global Acrylic acid Market, Revenues & Volume, By Personal Care Products, 2021 - 2031 |
6.2.9 Global Acrylic acid Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Acrylic acid Market, Overview & Analysis |
7.1 North America Acrylic acid Market Revenues & Volume, 2021 - 2031 |
7.2 North America Acrylic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Acrylic acid Market, Revenues & Volume, By Product, 2021 - 2031 |
7.4 North America Acrylic acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
8 Latin America (LATAM) Acrylic acid Market, Overview & Analysis |
8.1 Latin America (LATAM) Acrylic acid Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Acrylic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Acrylic acid Market, Revenues & Volume, By Product, 2021 - 2031 |
8.4 Latin America (LATAM) Acrylic acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
9 Asia Acrylic acid Market, Overview & Analysis |
9.1 Asia Acrylic acid Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Acrylic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Acrylic acid Market, Revenues & Volume, By Product, 2021 - 2031 |
9.4 Asia Acrylic acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
10 Africa Acrylic acid Market, Overview & Analysis |
10.1 Africa Acrylic acid Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Acrylic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Acrylic acid Market, Revenues & Volume, By Product, 2021 - 2031 |
10.4 Africa Acrylic acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
11 Europe Acrylic acid Market, Overview & Analysis |
11.1 Europe Acrylic acid Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Acrylic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Acrylic acid Market, Revenues & Volume, By Product, 2021 - 2031 |
11.4 Europe Acrylic acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
12 Middle East Acrylic acid Market, Overview & Analysis |
12.1 Middle East Acrylic acid Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Acrylic acid Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Acrylic acid Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Acrylic acid Market, Revenues & Volume, By Product, 2021 - 2031 |
12.4 Middle East Acrylic acid Market, Revenues & Volume, By End-users, 2021 - 2031 |
13 Global Acrylic acid Market Key Performance Indicators |
14 Global Acrylic acid Market - Export/Import By Countries Assessment |
15 Global Acrylic acid Market - Opportunity Assessment |
15.1 Global Acrylic acid Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Acrylic acid Market Opportunity Assessment, By Product, 2021 & 2031F |
15.3 Global Acrylic acid Market Opportunity Assessment, By End-users, 2021 & 2031F |
16 Global Acrylic acid Market - Competitive Landscape |
16.1 Global Acrylic acid Market Revenue Share, By Companies, 2024 |
16.2 Global Acrylic acid Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |