Acrylic Acid Market Size

Acrylic Acid Market size was over USD 11.76 billion in 2024 and is poised to reach USD 33.04 billion by the end of 2037, witnessing around 8.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of acrylic acid is assessed at USD 12.54 billion.

Acrylic acid is a crucial chemical building block used in various industries, including adhesives, coatings, textiles, water treatment, and superabsorbent polymers. Superabsorbent polymers, which are derived from acrylic acid, have a high demand in the personal care industry for products like diapers, adult incontinence products, and feminine hygiene products.

Acrylic acid-based coatings and adhesives are widely used in the construction industry, and the steady growth in construction activities worldwide was driving the demand for acrylic acid. Acrylic acid is used in water treatment chemicals, including coagulants and flocculants, which are essential for purification processes in industries and municipalities.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of acrylic acid is assessed at USD 12.54 billion.

The acrylic acid market size was over USD 11.76 billion in 2024 and is poised to reach USD 33.04 billion by the end of 2037, witnessing around 8.2% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for automotive will drive the market growth.

North America industry is projected to hold the second-largest share by 2037, impelled by significant demand for acrylic acid-based adhesives and coatings in the region.

The major players in the market include BASF SE, Dow Chemical Company, Nippon Shokubai Co., Ltd., Arkema S.A., LG Chem Ltd., Mitsubishi Chemical Corporation, Evonik Industries AG, Hexion Inc., Formosa Plastics Corporation, Momentive Performance Materials Inc.

Acrylic Acid Market Size