The acrylic acid market size is expected to see strong growth in the next few years. It will grow to $16.98 billion in 2030 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to growing demand for hygiene and absorbent products, rising adoption of water-based coating formulations, increasing consumption of acrylic adhesives, expanding textile finishing applications, and growing demand for personal care formulations. Major trends in the forecast period include increasing demand for glacial acrylic acid, rising production of acrylate esters, growing consumption of superabsorbent polymers, expanding use of acrylic acid in water treatment applications, and increasing demand for high-performance adhesives and sealants.
The expansion of construction and infrastructure activities is expected to propel the growth of the acrylic acid market in the coming years. Construction and infrastructure activities refer to the development, expansion, modernization, and maintenance of residential, commercial, industrial, and public facilities that support economic growth and urban development. The expansion of construction and infrastructure activities is supported by increasing government investments in transportation, urban development, and public infrastructure projects, driving higher demand for construction materials and related products. The growth of construction and infrastructure activities supports demand for acrylic acid by increasing the consumption of acrylic acid-derived products, including acrylic-based adhesives, coatings, and sealants, which enhance durability, weather resistance, adhesion, and structural performance in construction applications. For instance, in April 2026, according to the Office for National Statistics, a UK-based government department, monthly construction output is estimated to have grown by 1.0% in February 2026, following an upwardly revised increase of 0.5% in January 2026. Therefore, the expansion of construction and infrastructure activities is driving the growth of the acrylic acid market.
Major companies operating in the acrylic acid market are focusing on developing bio-based acrylic acid technologies to reduce carbon emissions, improve sustainability, and expand renewable chemical manufacturing. Bio-based acrylic acid refers to acrylic acid produced from renewable plant-derived feedstocks rather than fossil-based raw materials, offering a lower environmental footprint while maintaining comparable performance. For instance, in February 2025, LG Chem Ltd., a South Korea-based chemical company, accelerated the commercial production of 100% plant-based acrylic acid using bioethanol derived from renewable resources. The company successfully validated the quality and commercial performance of its 100% plant-based acrylic acid, supporting large-scale sustainable production. This innovation reduces reliance on fossil-based feedstocks while addressing the growing demand for low-carbon materials used in coatings, adhesives, superabsorbent polymers, and other industrial applications.
In September 2025, Synthomer plc, a UK-based specialty chemicals company, partnered with Lummus Technology to license Synthomer’s proprietary acrylic acid esters technology. Through this partnership, Synthomer aims to expand the global reach of its acrylate monomers technology by utilizing Lummus Technology’s licensing capabilities and customer network, enabling the production of acrylic acid esters from a range of raw materials, including bio-based feedstocks. The partnership supports the expansion of acrylic acid ester production capabilities and the development of more flexible and sustainable production routes. Lummus Technology is a US-based process technology company providing process technologies and licensing solutions for the chemical and petrochemical industries.
Major companies operating in the acrylic acid market are BASF SE, China Petroleum & Chemical Corporation, Dow Inc., Formosa Plastics Corporation, Lotte Chemical Corporation, Mitsubishi Chemical Corporation, Arkema S.A., Evonik Industries AG, LG Chem Ltd., Sumitomo Chemical Company Limited, Petronas Chemicals Group Berhad, Nippon Shokubai Co. Ltd., Satellite Chemical Co. Ltd., The Lubrizol Corporation, Toagosei Co. Ltd., Huntsman Corporation, Sasol Limited, Indian Oil Corporation Limited, Bharat Petroleum Corporation Limited, National Industrialization Company, American Acryl L.P., Mallard Creek Polymers Inc., Gellner Industrial LLC, PJS Chemicals, Petrochemical Industries Company K.S.C.
Asia-Pacific was the dominant region in the acrylic acid market in 2025. Asia-Pacific is expected to be the rapidly growing region in the forecast period. The regions covered in the acrylic acid market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the acrylic acid market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
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Table of Contents
Executive Summary
Acrylic Acid Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses acrylic acid market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for acrylic acid? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The acrylic acid market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Type: Glacial Acrylic Acid; Crude Acrylic Acid2) By Derivative: Acrylate Esters; Polyacrylic Acid; Superabsorbent Polymers; Other Derivatives
3) By Distribution Channel: Direct Sales; Distributors And Traders
4) By Application: Surface Coatings; Adhesives And Sealants; Textiles; Personal Care Products; Water Treatment
Subsegments:
1) By Glacial Acrylic Acid: Polymer Grade Glacial Acrylic Acid; Technical Grade Glacial Acrylic Acid2) By Crude Acrylic Acid: Ester Grade Crude Acrylic Acid; Refining Grade Crude Acrylic Acid
Companies Mentioned: BASF SE; China Petroleum & Chemical Corporation; Dow Inc.; Formosa Plastics Corporation; Lotte Chemical Corporation; Mitsubishi Chemical Corporation; Arkema S.A.; Evonik Industries AG; LG Chem Ltd.; Sumitomo Chemical Company Limited; Petronas Chemicals Group Berhad; Nippon Shokubai Co. Ltd.; Satellite Chemical Co. Ltd.; The Lubrizol Corporation; Toagosei Co. Ltd.; Huntsman Corporation; Sasol Limited; Indian Oil Corporation Limited; Bharat Petroleum Corporation Limited; National Industrialization Company; American Acryl L.P.; Mallard Creek Polymers Inc.; Gellner Industrial LLC; PJS Chemicals; Petrochemical Industries Company K.S.C.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentations: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
- BASF SE
- China Petroleum & Chemical Corporation
- Dow Inc.
- Formosa Plastics Corporation
- Lotte Chemical Corporation
- Mitsubishi Chemical Corporation
- Arkema S.A.
- Evonik Industries AG
- LG Chem Ltd.
- Sumitomo Chemical Company Limited
- Petronas Chemicals Group Berhad
- Nippon Shokubai Co. Ltd.
- Satellite Chemical Co. Ltd.
- The Lubrizol Corporation
- Toagosei Co. Ltd.
- Huntsman Corporation
- Sasol Limited
- Indian Oil Corporation Limited
- Bharat Petroleum Corporation Limited
- National Industrialization Company
- American Acryl L.P.
- Mallard Creek Polymers Inc.
- Gellner Industrial LLC
- PJS Chemicals
- Petrochemical Industries Company K.S.C.

