In 2022, the market volume of acrylic acid worldwide amounted to nearly **** million metric tons. It is forecast that the market volume of this organic compound will grow to around **** million metric tons worldwide in the year 2030.
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The size of the Acrylic Acid Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of > 5.00% during the forecast period. Acrylic acid is an organic compound with molecular formula C3H4O2. It is a colorless liquid, tart aroma and corrosive in liquid and vapour forms. Acrylic acid is mainly used for manufacturing of acrylic esters and resins that are widely used in coatings and adhesives. Acrylic acid is also used in oil treatment chemicals, water treatment chemicals, detergent intermediates, and water absorbent chemicals. Increasing industrialization across the globe and demand for coatings for various applications, especially in automotive and aerospace industry is expected to increase the demand of coatings, thereby acrylic esters and acrylic acid. Recent developments include: January 2024: Arkema announced that it obtained ISCC+ certification for its acrylic acid and ester production facility located in Taixing, Jiangsu Province, China, as a step in decarbonizing its acrylic production chain., May 2023: NIPPON SHOKUBAI CO. LTD announced that its subsidiary, PT. NIPPON SHOKUBAI, Indonesia, inaugurated its new acrylic acid facility with an annual production capacity of 100,000 metric tonnes in Cilegon, Banten, Indonesia., March 2023: BASF SE broke ground on an acrylic acid complex at the Zhanjiang Verbund site in China. The complex includes plants for glacial acrylic acid (GAA), butyl acrylate (BA), and 2-ethylhexyl acrylate (2-EHA). The complex will have an annual production capacity of approximately 400,000 metric tons of BA and 100,000 metric tons of 2-EHA., February 2023: NIPPON SHOKUBAI CO. LTD acquired ISCC PLUS certification for 19 products, including acrylic acid, superabsorbent polymers, and ethylene oxide, which are produced at its Himeji Plant and Kawasaki Plant. The certification allows the promotion of biomass as raw materials for disposable diapers, detergents, and other products.. Key drivers for this market are: Increasing Applications of Super Absorbent Polymers, Increasing Usage in Chemical Synthesis. Potential restraints include: Health Hazards of Acrylic Acid. Notable trends are: The Usage of Acrylic Acid in Paints and Coatings is Increasing.
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Explore the factors influencing acrylic acid prices in 2023, including supply-demand dynamics, raw material costs, market trends, and impacts from end-use sectors and environmental regulations.
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The global Acrylic Acid market demand stood at 7687 thousand tonnes in 2024 and is expected to grow at a healthy CAGR of 4.66% during the forecast period until 2035.
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The global acrylic acid market size attained a volume of approximately 8.44 MMT in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 5.10%, reaching a volume of around 13.88 MMT by 2034.
The market is growing as the demand of acrylic acid rises from different sectors wherein the acid is a crucial raw material for super absorbent polymers (SAPs) that are used primarily in personal care products such as diapers, sanitary napkins, and incontinence products. The usage of paints, coatings, adhesives and sealants also contributes to the market growth, especially in construction and infrastructure.
The strength of the market is also complemented by the wide usage of acrylic acid in personal hygiene products. As SAPs gain traction in the marketplace, the acrylic acid industry is expected to undergo dynamic growth, fueled by continuous innovations in material formulations and a wider range of commercial applications.
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Why did the Meth Acrylic Acid Price Change in July 2025? The Meth Acrylic Acid Price Index averaged USD 2010/MT, FOB USGC, marking a sharp 19% decline from Q1 2025, driven by persistent oversupply and soft demand.
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In the USA, the prices of ethylhexyl acrylate increased by 0.8% on a quarter-on-quarter basis reaching 1571 USD/MT (DEL-Louisiana). This increase is despite the weak demand from the paints and coatings industry as well as limited supply. Acrylic Prices were impacted by the cost increases of upstream feedstock Acrylic Acid, but other factors like the overall market conditions were not favorable, which led to the price decrease because of low demands from downstream industries paint and coatings.
Product
| Category | Region | Price |
---|---|---|---|
Ethylhexyl Acrylate | Polymer & Resin | USA | 1571 USD/MT |
Ethylhexyl Acrylate | Polymer & Resin | China | 1787 USD/MT |
Ethylhexyl Acrylate | Polymer & Resin | Germany | 1680 USD/MT |
Explore IMARC’s newly published report, titled “Ethylhexyl Acrylate Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of ethylhexyl acrylate pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
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In 2022, the market volume of acrylic acid worldwide amounted to nearly **** million metric tons. It is forecast that the market volume of this organic compound will grow to around **** million metric tons worldwide in the year 2030.