Acrylic Acid Market Analysis

Type (Esters, Polymers)

The polymers segment is estimated to hold 65% share of the global acrylic acid market in the year 2037. Increasing urbanization and changing lifestyles have resulted in a greater preference for convenience products like disposable diapers, boosting the demand for superabsorbent polymers. The growth of industries such as personal care, agriculture, and medical care has driven the demand for superabsorbent polymers in various applications.

End User (Chemicals, Construction, Automotive)

Acrylic acid market from the automotive segment is expected to garner a significant share in the year 2037. Global automotive production was projected to reach approximately 90 million units by 2025, driven by the growing demand for vehicles in emerging markets and the recovery of the automotive industry in developed regions. The automotive industry's focus on reducing vehicle weight to improve fuel efficiency and lower emissions has led to an increased demand for lightweight materials, including acrylic-based coatings and adhesives.

Our in-depth analysis of the global acrylic acid market includes the following segments: