Get the latest insights on price movement and trend analysis of Acrylic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Acrylic Acid Price Change in July 2025? The acrylic acid Spot Price in North America decreased by 1.61% quarter-over-quarter in Q2 2025, reflected in a bearish Price Index.

Global sales of acrylic acid is projected to grow at a CAGR of 4.3% from 2024 to 2034, reaching a value of USD 18,203.4 million by 2034, up from USD 11,983 million in 2024.

Attributes	Key Insights
Estimated Size, 2024	USD 11,983 million
Projected Size, 2034	USD 18,203.4 million
Value-based CAGR (2024 to 2034)	4.3%

Semi-annual Market Update

Particular	Value CAGR
H1 2023	3.8% (2023 to 2033)
H2 2023	4.5% (2023 to 2033)
H1 2024	3.9% (2024 to 2034)
H2 2024	4.7% (2024 to 2034)

Country-wise Insights

Countries	Value CAGR (2024 to 2034)
India	6.2%
China	5.8%
United States	4.5%
Japan	3.8%
Germany	3.5%

Category-wise Insights

Segment	Acrylic Esters (by Derivative)
Value Share (2024)	36.2%

Segment	Petroleum-Based Acrylic Acid (by Source)
Value Share (2024)	95.1%

Explore the fluctuating price trends of acrylic acid, driven by factors like raw material costs, supply chain dynamics, and global demand shifts. Learn about recent impacts from geopolitical tensions, pandemic recovery, and environmental regulations across key markets.

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.

The Acrylic Acid Report is Segmented by Derivative (Methyl Acrylate, Butyl Acrylate, Ethyl Acrylate, and More), Application (Paints and Coatings, Adhesives and Sealants, and More), Purity Grade (Technical Grade, Glacial Grade, and Ultra-High Purity), End-User Industry (Personal Care and Hygiene, Building and Construction, Automotive and Transportation, and More), and Geography (Asia-Pacific, North America, Europe, and More).

The acrylic acid market was 5.13 million tons In 2023, with a growth projected at a CAGR of 6% to cross 8.79 million tons by 2034.

The acrylic acid market size is projected to grow from $12.23 billion in 2024 to $20.49 billion by 2035, representing a CAGR of 4.79% during the forecast period 2024-2035.

Explore how various factors such as raw material costs, global economic conditions, and environmental regulations impact acrylic acid prices. Learn about the role of propylene and crude oil prices, demand from industrial applications, and the potential shift towards bio-based acrylic acid in shaping pricing trends.

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Acrylic Acid Market Size 2024-2028

The acrylic acid market size is forecast to increase by USD 3.13 billion at a CAGR of 4.5% between 2023 and 2028.

The market is experiencing significant growth, driven primarily by the increased demand for acrylic acid derivatives in surface coating applications. This trend is expected to continue as the demand for high-performance coatings continues to rise in various industries, including automotive, construction, and consumer goods. Another key driver for the market is the increasing preference for bio-based acrylic acid derivatives, which offer sustainability advantages and align with the global shift towards eco-friendly products. However, the market faces challenges, most notably the price fluctuation of Brent crude oil. Acrylic acid is derived from crude oil, making its price sensitive to changes in the oil market. Price volatility can significantly impact the production costs of acrylic acid and its derivatives, potentially affecting the profitability of manufacturers and the affordability of end-users. Companies in the market must closely monitor oil prices and explore alternative feedstocks or production methods to mitigate this risk and maintain competitiveness.

What will be the Size of the Acrylic Acid Market during the forecast period?

Request Free SampleThe market continues to evolve, driven by the diverse applications of acrylic derivatives across various sectors. Acrylic resins, derived from acrylic acid through processes such as suspension polymerization and emulsion polymerization, find extensive use in water-based coatings, adhesives, and sealants. In the personal care industry, acrylic emulsions are utilized in the production of cosmetics and skincare products. Acrylic fibers, a key application of acrylic polymers, exhibit robust demand due to their versatility and durability. The ongoing shift towards green chemistry and sustainable production in the acrylic acid industry is driving the development of bio-based acrylic acid and acrylic derivatives from renewable sources. Acrylic acid and its derivatives are also integral to the production of superabsorbent polymers, which find extensive use in water treatment and the agricultural industry. Acrylic esters, another derivative, are employed in the synthesis of solvent-based coatings and in the production of synthetic rubber. The market is characterized by continuous innovation, with ongoing research and development efforts focused on improving the efficiency and sustainability of production processes. Acrylic polymers, including acrylic latexes and polyacrylic acid, are increasingly being used in the production of biodegradable polymers and sustainable materials. Acrylic paints, a popular application of acrylic polymers, offer excellent color retention and durability. The paper industry utilizes acrylic polymers in the production of coated papers, while the demand for acrylic coatings remains strong in the construction industry. In summary, the market is a dynamic and evolving landscape, with ongoing research and development efforts driving innovation and growth across various applications. Acrylic derivatives continue to find extensive use in a wide range of industries, from coatings and adhesives to personal care and agriculture. The market is characterized by a focus on sustainability and efficiency, with ongoing efforts to develop bio-based and renewable sources of acrylic acid and its derivatives.

How is this Acrylic Acid Industry segmented?

The acrylic acid industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. ApplicationAcrylic estersSuperabsorbent polymersSynthetic detergentsOthersDerivative TypeAcrylic Esters (Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, 2-Ethylhexyl Acrylate)Superabsorbent Polymers (SAP)Other DerivativesGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKMiddle East and AfricaEgyptKSAOmanUAEAPACChinaIndiaJapanSouth AmericaArgentinaBrazilRest of World (ROW)

By Application Insights

The acrylic esters segment is estimated to witness significant growth during the forecast period.In the dynamic the market, acrylic esters hold the largest share due to their extensive applications in various industries. Acrylic esters are formed through the esterification process, which combines an alcohol, such as methyl or ethyl, with acrylic acid. Notable acrylic ester types include methyl acrylate, ethyl acrylate, butyl acrylate, and ethyl hexyl acrylate. Acrylic acid is a crucial raw material in the production of these esters. Acrylic esters are versatile derivatives of acrylic acid, widely used in the manufacturing of paints, adhesives, acrylic rubbers, and acrylic fibers. Additionally, they are employed in the production of dyes, text

The acrylic acid market size was valued at USD 12.4 billion in 2024 and is expected to reach USD 23.8 billion by the end of 2037, growing at a CAGR of 5.2% during the forecast timeline from, 2025-2037. Asia Pacific industry is set to capture 38.2% of the revenue share by 2037, owing to the rapid industrialization, urbanization, and growing demand for superabsorbent polymers in personal care products.

In Q1 2025, Ethylene Acrylic Acid (EAA) copolymer prices in the North American market exhibited a mildly bearish to stable trend, largely shaped by soft downstream demand and subdued export activity. Despite intermittent support from upstream ethylene prices and planned maintenance turnarounds in early January, market fundamentals quickly softened due to sluggish consumption in key end-use sectors such as flexible packaging and industrial coatings.

The South Korean methacrylic acid market dropped sharply to $5.2M in 2024, shrinking by -72% against the previous year. Over the period under review, consumption continues to indicate a significant decrease. As a result, consumption reached the peak level of $94M. From 2018 to 2024, the growth of the market remained at a somewhat lower figure.

The ethylene acrylic acid copolymer (EAA) prices in China for Q2 2024 reached 4200 USD/MT in June. The region saw rising prices, driven by higher ethylene and acrylic acid costs. Moreover, demand from construction and packaging boosted this trend, though logistical disruptions added challenges. Besides this, shipping routes were affected by regional conflicts, raising transportation costs and tightening supplies, although stockpiles helped maintain some stability in supply.

The global Acrylic Acid Market size is expected to reach USD 22.96 Billion in 2032 registering a CAGR of 4.7%. Our report provides a comprehensive overview of the industry, including key players, market share, growth opportunities and more.

Global Acrylic Acid Market is anticipated to grow at a CAGR of 3.9% during the forecast period, with an estimated size and share exceeding USD 20.66 billion by 2034, according to projections.

Acrylic Acid Market Outlook

The global acrylic acid market size was valued at USD 13.7 billion in 2023 and is projected to reach USD 20.4 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.5% during the forecast period. The growth of the acrylic acid market is primarily driven by increasing demand from various end-user industries such as automotive, construction, and consumer goods, coupled with the versatile applications of acrylic acid derivatives in products ranging from adhesives to paints and coatings.

One of the primary growth factors in the acrylic acid market is the expanding automotive industry. Acrylic acid and its derivatives, like acrylate esters, play a crucial role in manufacturing automotive coatings and adhesives, contributing to vehicle durability and aesthetic appeal. As the automotive industry strives for lightweight and fuel-efficient vehicles, the demand for high-performance coatings and adhesives is expected to rise, boosting the acrylic acid market. Additionally, the increasing production of electric vehicles is set to create new avenues for market growth, as these vehicles often require specialized coatings and sealants.

Another significant factor contributing to the growth of the acrylic acid market is the robust demand from the construction sector. Acrylic acid derivatives are extensively used in paints, coatings, sealants, and adhesives, all of which are essential for modern construction practices. The ongoing urbanization and industrialization, particularly in emerging economies, are driving the demand for new construction projects and infrastructure development. This trend is expected to sustain the demand for acrylic acid products, thereby propelling market growth. Moreover, the focus on green building solutions and sustainable construction materials is further anticipated to support market expansion.

The consumer goods industry also plays a crucial role in the acrylic acid market's growth trajectory. Acrylic acid is a vital component in manufacturing superabsorbent polymers (SAPs), which are widely used in products such as diapers, adult incontinence products, and feminine hygiene products. With the growing awareness of hygiene and the increasing population, especially in developing regions, the demand for hygiene products is on the rise, subsequently driving the demand for acrylic acid. Additionally, the packaging industry’s shift towards innovative and sustainable packaging solutions is likely to boost the consumption of acrylic acid derivatives used in packaging adhesives and coatings.

Regionally, the Asia Pacific region holds a significant share of the acrylic acid market, driven by rapid industrialization, urbanization, and economic development in countries like China, India, and Southeast Asian nations. The region's robust manufacturing base, coupled with the growing construction and automotive sectors, is expected to fuel the demand for acrylic acid. North America and Europe also represent substantial markets, with established industries and growing demand for high-performance materials in automotive and construction applications. Meanwhile, Latin America and the Middle East & Africa are anticipated to witness moderate growth, supported by infrastructure development and expanding consumer markets.

Derivative Analysis

The derivative segment of the acrylic acid market is categorized into acrylate esters, glacial acrylic acid, and others. Acrylate esters form a significant part of this segment, driven by their extensive applications in paints, coatings, adhesives, and textiles. Acrylate esters like methyl acrylate, ethyl acrylate, and butyl acrylate are essential in producing high-performance products that require durability, flexibility, and resistance to environmental factors. The increasing demand for eco-friendly and low-VOC (Volatile Organic Compounds) coatings in construction and automotive industries is expected to further drive the growth of acrylate esters.

Glacial acrylic acid (GAA) is another crucial derivative, known for its high purity and reactivity. GAA is predominantly used in manufacturing superabsorbent polymers (SAPs), which are essential in personal care products like diapers and sanitary napkins. The rising awareness about hygiene and the growing population, especially in emerging economies, are significant factors driving the demand for GAA. Additionally, GAA is used in water treatment chemicals, where its ability to produce high-quality water at a lower cost is highly valued. This has led to an increase in the adoption of GAA in various water treatment processes.

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.

Acrylic Acid Market size was USD 15 Billion in 2022 and is expected to reach USD 23.27 Billion in 2032, and register a revenue CAGR of 5% during the forecast period.

Bio-based Acrylic Acid Market Outlook

The global bio-based acrylic acid market size was valued at approximately USD 2.5 billion in 2023 and is projected to reach around USD 5.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2032. The growing demand for sustainable and eco-friendly materials is one of the key factors driving this market's growth. The shift towards green chemistry and the increasing regulatory pressures to reduce carbon emissions provide a fertile ground for bio-based products to thrive.

The rising awareness about environmental sustainability is significantly contributing to the growth of the bio-based acrylic acid market. Traditional acrylic acid production involves petroleum-based processes that emit a substantial amount of greenhouse gases. In contrast, bio-based acrylic acid derives from renewable resources such as sugarcane, corn, and other biomass, offering a lower carbon footprint. This eco-friendly alternative is gaining traction among industries keen to reduce their environmental impact and align with global sustainability goals.

The consumer preference for green and sustainable products is another critical growth driver for this market. In recent years, consumer awareness regarding the ecological impact of synthetic chemicals has surged, pushing manufacturers to adopt bio-based alternatives. Bio-based acrylic acid is increasingly being used in the production of adhesives, coatings, and polymers, which find applications in several end-user industries. This trend of consumers opting for eco-friendly products is expected to bolster market growth further.

Technological advancements and innovations in bio-based production processes are also fueling the market expansion. Companies are investing heavily in R&D to enhance the yield and efficiency of bio-based acrylic acid production. Innovations such as the use of genetically engineered organisms to convert biomass into acrylic acid more efficiently are revolutionizing the market. These advancements not only make the production process more sustainable but also more cost-effective, which is crucial for the large-scale adoption of bio-based materials.

Bio-Based Organic Acids are increasingly becoming a focal point in the realm of sustainable chemistry. These acids, derived from renewable resources, offer a promising alternative to traditional petrochemical-based acids. The shift towards bio-based solutions is driven by the need to reduce carbon emissions and enhance the sustainability of chemical processes. Bio-Based Organic Acids are utilized in a variety of applications, including food and beverage, pharmaceuticals, and agriculture, due to their environmentally friendly nature and biodegradability. As industries continue to seek greener alternatives, the demand for Bio-Based Organic Acids is expected to rise, contributing to the broader adoption of sustainable practices across various sectors.

From a regional perspective, the Asia Pacific region is expected to dominate the bio-based acrylic acid market. Countries like China, India, and Japan are witnessing substantial growth in industries such as automotive, construction, and packaging, which are significant consumers of bio-based acrylic acid. The region's rapid industrialization, coupled with stringent environmental regulations, is fostering the demand for sustainable materials. Additionally, North America and Europe are also significant markets due to the strong emphasis on sustainability and advanced technological capabilities in these regions.

Product Type Analysis

The bio-based acrylic acid market is segmented by product type into Methyl Acrylate, Ethyl Acrylate, Butyl Acrylate, and others. Methyl Acrylate is anticipated to hold a significant share owing to its extensive use in the production of polymers and copolymers that are essential for various industrial applications. The increasing demand for high-performance materials in the automotive and construction sectors is driving the growth of this segment. Additionally, methyl acrylate's properties such as high reactivity and versatility make it a preferred choice among manufacturers.

Ethyl Acrylate, another vital segment, is gaining traction due to its application in the adhesives and coatings industry. Ethyl acrylate is known for its excellent adhesion properties and resistance to water, making it ideal for high-performance adhesives. The growing packaging and consumer