Acrylic Acid Market Share

APAC Market Forecast

The acrylic acid market in the Asia Pacific region is projected to hold the largest market share of 38% by the end of 2037. The Asia Pacific region has been witnessing significant industrialization and urbanization, leading to increased demand for various products and applications that use acrylic acid, such as coatings, adhesives, and superabsorbent polymers. The construction industry in the Asia Pacific region was noted to be the largest in the world, with a share of over 45% in global construction output.

North American Market Statistics

The acrylic acid market in the North America region is projected to hold the second-largest share during the forecast period. North America is one of the key regions for the automotive industry, with significant demand for acrylic acid-based adhesives and coatings used in vehicle assembly and repair. Advancements in polymer chemistry and continuous research in the field have led to the development of new and improved applications for acrylic acid and its derivatives in North America.