Acrylic Acid Market Size, Share, Growth Analysis, By Type (Acrylic Esters, Acrylic Polymer), By Technology (Propylene-based Process, Bio-based Acrylic Acid), By End Use (Surfactants & Surface Coatings, Organic Chemicals), By Region - Industry Forecast 2025-2032

Drivers

• Higher Demand for Super Absorbent Polymers (SAPs)

Superabsorbent polymers (SAPs) are gaining market momentum due to the increasing global demand for personal care products such as diapers, adult incontinence products, and feminine hygiene products. The acrylic acid industry is also rising with the growing demand for SAPs due to increased population and hygienic consciousness. Acrylic acid is a crucial raw material in the production of SAPs.

• Rapid Urbanization and Industrialization in Developing Markets

Asia-Pacific countries such as China and India are urbanizing and industrializing rapidly. Consumption of acrylic acid-based products in the consumer goods, automotive, and construction sector is rising with this rise. This is bringing about growth in the market since the advancement of the housing and infrastructure of the metropolitan regions is increasing demand of acrylic acid paints, coatings, adhesives, etc.

Restraints

• Environmental and Regulatory Concerns

The employment of potentially hazardous chemicals in the production process of acrylic acid raises sustainability and pollution concerns. Strict environmental regulations and compliance requirements in the key markets could limit the expansion of the market, primarily if manufacturers are faced with issues regarding the transition into cleaner production processes or if these regulations escalate the cost of running operations.

• Price Volatility in Raw Material

The production of acrylic acid is mainly done with the use of propylene and other feedstocks based on petrochemistry. As such, it is sensitive to the raw material cost of this market. Interruptions in the supply chains, as well as the fluctuating prices of oil and gas, may cause unstable prices and lesser profitability for the market.