Acrylic Acid Market to Grow with a CAGR of 4.35% through 2030

Growing demand of gelcoat from automotive and transportation industry is expected to drive the Global Gelcoat Market in the forecast period 2026-2030F

According to a report released at TechSci Research, “Global Acrylic Acid Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F” Global Acrylic Acid Market was valued at USD 12.65 Billion in 2024 and is expected to reach USD 16.16 Billion by 2030 with a CAGR of 4.35%.

The global acrylic acid market is witnessing significant technological advancements that are reshaping production processes, sustainability profiles, and downstream applications. One of the most impactful innovations in recent years is the development of bio-based acrylic acid, which addresses the growing environmental concerns associated with petrochemical-derived products. Traditional production methods of acrylic acid rely heavily on fossil fuels, particularly propylene. However, advancements in fermentation-based technologies using renewable feedstocks such as sugar, glycerol, and biomass are paving the way for sustainable alternatives. Companies like BASF and Cargill have been at the forefront of R&D efforts to commercialize bio-acrylic acid, aiming to reduce greenhouse gas emissions and carbon footprints associated with the manufacturing process.

Another notable advancement is the integration of catalyst optimization technologies in the production process. Enhanced catalyst systems have been developed to improve conversion efficiency, selectivity, and yield during the oxidation of propylene to acrylic acid. These innovations contribute to reduced energy consumption, lower operational costs, and minimized by-product formation, improving overall production economics. In terms of downstream applications, technological innovations have enabled the formulation of high-performance superabsorbent polymers (SAPs) using acrylic acid. These SAPs are widely used in personal hygiene products such as diapers and adult incontinence items. Advancements in cross-linking technologies and polymer design have improved absorbency rates, gel strength, and odor control, thereby expanding market potential in the healthcare and hygiene sectors.

In surface coatings and adhesives, the advent of UV-curable and water-based acrylic systems is transforming industry standards. These newer formulations offer faster curing times, reduced VOC emissions, and enhanced weatherability, aligning with stringent environmental regulations and sustainability goals. The coatings industry is increasingly adopting these eco-friendly alternatives for use in automotive, construction, and packaging applications. The emergence of advanced analytics and automation in production plants, such as real-time monitoring, predictive maintenance, and AI-driven process control, is enhancing operational efficiency and reducing downtime. These digital innovations support consistent product quality and scalability, which are essential for meeting dynamic market demands. These technological developments are positioning the acrylic acid market for a more sustainable, efficient, and innovation-driven future.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Acrylic Acid Market "

Global acrylic acid market has been segmented based on derivative type, application, regional distribution, and company.

Based on derivative type, acrylic esters have emerged as the dominant segment in the global acrylic acid market in 2024. Acrylic esters, such as butyl acrylate, ethyl acrylate, and methyl acrylate have established their dominance in the global acrylic acid market due to their broad applicability across various end-use industries. These derivatives are integral to the formulation of adhesives, sealants, coatings, textiles, and plastics. In 2024, their dominance is driven by surging demand from the paints and coatings sector, particularly in the construction and automotive industries, where acrylic esters are prized for their excellent weatherability, adhesion, and fast-drying properties. The increasing shift toward low-VOC and water-based formulations in response to environmental regulations has further propelled the usage of acrylic esters. These compounds serve as essential raw materials for emulsion polymers, which are key components in environmentally friendly coatings and adhesives. The versatility, performance, and eco-compliance of acrylic esters continue to reinforce their leading position in the market.

Based on the Region, the Asia-Pacific Region Has Emerged as the Fastest-Growing Segment in the Global Acrylic Acid Market in 2024 In 2024, the Asia-Pacific region has solidified its position as the fastest-growing segment in the global acrylic acid market. This rapid growth is fueled by expanding end-user industries such as paints and coatings, adhesives and sealants, textiles, and personal care, particularly in emerging economies like China, India, Vietnam, and Indonesia. The region’s booming construction and infrastructure development, coupled with rising automotive production, is significantly increasing the demand for acrylic acid and its derivatives. Government initiatives aimed at industrial growth, rising foreign direct investments, and increasing urbanization have further strengthened market expansion. Asia-Pacific benefits from the presence of key manufacturers and raw material availability, leading to competitive production costs and robust export capabilities. With evolving consumer lifestyles and a growing middle class driving demand for packaged goods, hygiene products, and modern housing, the region is expected to maintain its high growth momentum over the coming years.

Download Sample Report

Customers can also request for 10% free customization on this report.

“The global acrylic acid market is witnessing significant growth, driven by rising demand across industries such as adhesives, paints and coatings, textiles, and personal care. Acrylic acid, a crucial raw material for producing acrylate esters and superabsorbent polymers (SAPs), is extensively used in hygiene products, including diapers and adult incontinence items. Rapid urbanization, growing infrastructure development, and increasing consumer spending in emerging economies, especially in Asia-Pacific, are boosting market expansion. Technological advancements and growing adoption of bio-based acrylic acid are also contributing to the market’s evolution. Additionally, increased focus on sustainable and eco-friendly solutions in manufacturing processes is shaping industry trends. With growing industrial demand and innovation, the acrylic acid market is expected to continue its upward trajectory through 2030.” stated Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Acrylic Acid Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Derivative Type (Acrylic Esters (Ethyl Acrylate, Methyl Acrylate, Butyl Acrylate, 2-Ethyhexyl Acrylate), Acrylic Polymers (Super Absorbent Polymers, Acrylic Elastomers, Water Treatment Polymers), Ammonium Polyacrylate, Cyanopolyacrylate), By Application (Surface Coatings, Adhesives & Sealants, Diapers, Plastic Additives, Water Treatment, Thickeners, Dispersants, Others), By Region and Competition,2020-2030F” has evaluated the future growth potential of global acrylic acid market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in the global acrylic acid market.

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com