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

Acrylic Acid Market size was valued at USD 13.81 Billion in 2023 and is poised to grow from USD 14.47 Billion in 2024 to USD 21.06 Billion by 2032, growing at a CAGR of 4.8% during the forecast period (2025-2032).

The demand for acrylic acid is on the rise due to the steep growth in infrastructural and building activities since paints, coatings, sealants, and adhesives are required. Hygiene products significantly rely on personal care business through ultra-absorbent polymers based on acrylic acid. Highly absorbent polymers, which are greatly used in adult incontinence products, sanitary napkins, and diapers, are mainly comprised of acrylic acid as the raw material. As acrylic acid is used to prepare the critical ingredients, the acrylate esters in the formulation of most coating formulas, it is one of the biggest users in the paints and coatings sector. Consumer products containing acrylic acid derivatives, such as adhesives and sealants, textiles, and personal care items, are used at higher rates in direct response to increases in disposable incomes. Acrylic acid demand is on the rise since there are several end-use industries-mentioned above such as packaging, automotive, textiles, and construction-that are expanding. Superabsorbent polymers based on acrylic acid have been gaining increasing use in diapers and adult incontinence products. They are integral to these end applications because of their better ability to absorb and retain vast quantities of moisture. Technical advances are steadily lowering the cost of production and reducing the energy intensity of acrylic acid manufacturing processes. The acrylic acid market growth is quite high in developing markets due to a rapid pace of urbanization and industrialization.