Chem Reports estimates that the Acrylic Acid and its Derivatives market was valued at USD XX billion in 2025 and is projected to reach USD XX billion by 2036, expanding at a CAGR of XX% during the forecast period.
Acrylic acid is a key petrochemical intermediate primarily produced via oxidation of propylene. Its derivatives—including acrylates, superabsorbent polymers (SAP), and specialty esters—are widely used in hygiene products, coatings, adhesives, textiles, construction materials, and plastics.
The market is driven by rising demand for superabsorbent polymers in hygiene applications, expanding construction and automotive coatings sectors, and growth in adhesives and sealants industries. Rapid urbanization and increasing disposable incomes in emerging markets are accelerating downstream consumption.
Technological advancements in bio-based acrylic acid production and improved polymerization efficiency are reshaping industry dynamics.
The pandemic created uneven demand patterns:
Surge in hygiene product demand boosted superabsorbent polymer consumption.
Slowdown in automotive and construction sectors reduced coatings and adhesive demand.
Post-pandemic recovery has been supported by:
Resumption of infrastructure projects
Recovery in automotive manufacturing
Sustained demand for personal hygiene products
The market has returned to stable growth with diversified end-use demand.
Glacial Acrylic Acid (GAA)
Crude Acrylic Acid
Superabsorbent Polymers (SAP)
Butyl Acrylate
Ethyl Acrylate
Methyl Acrylate
2-Ethylhexyl Acrylate
Acrylic Polymers & Resins
Acrylic Emulsions
Specialty Acrylates
Acrylic acid derivatives account for the majority of total market revenue.
Superabsorbent Polymers (Diapers, Hygiene Products)
Paints & Coatings
Adhesives & Sealants
Textiles & Nonwovens
Plastics & Polymer Modification
Construction Chemicals
Water Treatment
Superabsorbents remain the dominant application globally.
Personal Care & Hygiene
Construction
Automotive
Packaging
Textile Manufacturing
Industrial Manufacturing
Superabsorbent Polymers (SAP):
Largest revenue-generating segment driven by hygiene product demand.
Paints & Coatings:
Steady growth due to infrastructure and automotive production recovery.
Adhesives & Sealants:
Growing adoption in packaging and construction sectors.
Bio-Based Acrylic Acid:
Emerging niche segment aligned with sustainability goals.
Mature hygiene and coatings market
Stable demand in packaging and adhesives
Focus on sustainable chemical production
Strict environmental regulations
Strong automotive coatings industry
Investment in bio-based chemicals
Largest production and consumption hub
Major capacity expansions in China and South Korea
Growing hygiene product consumption in India and Southeast Asia
Expanding construction industry
Moderate growth in personal care products
Developing chemical manufacturing base
Growth in construction and infrastructure
Asia-Pacific dominates global market share due to large-scale production facilities.
Major companies operating in the Acrylic Acid and its Derivatives market include:
BASF SE
Dow Inc.
Nippon Shokubai Co., Ltd.
Mitsubishi Chemical Group
LG Chem Ltd.
Formosa Plastics Corporation
Sasol Limited
Arkema S.A.
Hexion Inc.
Toagosei Co., Ltd.
Idemitsu Kosan Co., Ltd.
China National Petroleum Corporation (CNPC)
CNOOC Limited
Wanhua Chemical Group
Shandong Kaitai Petrochemical
Satellite Chemical Co., Ltd.
Jiangsu Jurong Chemical
Sumitomo Chemical Co., Ltd.
Evonik Industries AG
SABIC
Competition is influenced by integration into propylene feedstock supply, production capacity, and geographic presence.
Threat of New Entrants – Low
High capital investment and feedstock integration create strong entry barriers.
Bargaining Power of Suppliers – Moderate to High
Dependence on propylene pricing affects cost structures.
Bargaining Power of Buyers – High
Large hygiene and coatings manufacturers negotiate bulk contracts.
Threat of Substitutes – Moderate
Alternative polymers and materials exist in certain applications.
Competitive Rivalry – High
Large multinational petrochemical companies dominate the market.
Strengths
Diverse application portfolio
Strong demand from hygiene sector
High production scale economies
Weaknesses
Volatile propylene feedstock prices
Environmental concerns regarding petrochemical origin
Opportunities
Bio-based acrylic acid development
Growing emerging market demand
Expansion in specialty acrylates
Threats
Crude oil price fluctuations
Environmental regulation tightening
Overcapacity in certain regions
Capacity expansion in Asia-Pacific
Shift toward bio-based production technologies
Growth in hygiene product consumption
Increasing adoption of water-based coatings
Focus on sustainable adhesives
Rising global population and hygiene awareness
Infrastructure development
Growth in automotive and packaging industries
Expansion of personal care markets
Raw material price volatility
Environmental compliance costs
Overcapacity leading to margin pressure
Propylene Production
Acrylic Acid Manufacturing (Oxidation Process)
Derivative Production (Acrylates, SAP, Polymers)
Distribution & Export
Downstream Product Manufacturing
End-Use Consumer Markets
Vertical integration with propylene supply provides competitive advantage.
Invest in bio-based acrylic acid R&D
Expand high-margin specialty acrylate portfolio
Strengthen feedstock integration
Target companies with diversified derivative portfolios
Monitor capacity expansion risks
Secure long-term raw material contracts
Adopt sustainable resin technologies
Support green chemical production
Encourage recycling and circular economy initiatives
1. Market Overview of Acrylic Acid and its Derivatives
1.1 Acrylic Acid and its Derivatives Market Overview
1.1.1 Acrylic Acid and its Derivatives Product Scope
1.1.2 Market Status and Outlook
1.2 Acrylic Acid and its Derivatives Market Size by Regions:
1.3 Acrylic Acid and its Derivatives Historic Market Size by Regions
1.4 Acrylic Acid and its Derivatives Forecasted Market Size by Regions
1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
1.5.1 North America
1.5.2 East Asia
1.5.3 Europe
1.5.4 South Asia
1.5.5 Southeast Asia
1.5.6 Middle East
1.5.7 Africa
1.5.8 Oceania
1.5.9 South America
1.5.10 Rest of the World
1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections
1.6.2 Covid-19 Impact: Commodity Prices Indices
1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Acrylic Acid and its Derivatives Sales Market by Type
2.1 Global Acrylic Acid and its Derivatives Historic Market Size by Type
2.2 Global Acrylic Acid and its Derivatives Forecasted Market Size by Type
2.3 Acrylic Acid
2.4 Acrylic Acid Derivatives
3. Covid-19 Impact Acrylic Acid and its Derivatives Sales Market by Application
3.1 Global Acrylic Acid and its Derivatives Historic Market Size by Application
3.2 Global Acrylic Acid and its Derivatives Forecasted Market Size by Application
3.3 Superabsorbent
3.4 Paints & Coating
3.5 Adhesives
3.6 Textiles
4. Covid-19 Impact Market Competition by Manufacturers
4.1 Global Acrylic Acid and its Derivatives Production Capacity Market Share by Manufacturers
4.2 Global Acrylic Acid and its Derivatives Revenue Market Share by Manufacturers
4.3 Global Acrylic Acid and its Derivatives Average Price by Manufacturers
5. Company Profiles and Key Figures in Acrylic Acid and its Derivatives Business
5.1 BASF
5.1.1 BASF Company Profile
5.1.2 BASF Acrylic Acid and its Derivatives Product Specification
5.1.3 BASF Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.2 Toagosei
5.2.1 Toagosei Company Profile
5.2.2 Toagosei Acrylic Acid and its Derivatives Product Specification
5.2.3 Toagosei Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.3 DowDuPont
5.3.1 DowDuPont Company Profile
5.3.2 DowDuPont Acrylic Acid and its Derivatives Product Specification
5.3.3 DowDuPont Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.4 Mitsubishi Chem
5.4.1 Mitsubishi Chem Company Profile
5.4.2 Mitsubishi Chem Acrylic Acid and its Derivatives Product Specification
5.4.3 Mitsubishi Chem Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.5 Nippon Shokubai
5.5.1 Nippon Shokubai Company Profile
5.5.2 Nippon Shokubai Acrylic Acid and its Derivatives Product Specification
5.5.3 Nippon Shokubai Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.6 Hexion
5.6.1 Hexion Company Profile
5.6.2 Hexion Acrylic Acid and its Derivatives Product Specification
5.6.3 Hexion Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.7 LG Chem
5.7.1 LG Chem Company Profile
5.7.2 LG Chem Acrylic Acid and its Derivatives Product Specification
5.7.3 LG Chem Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.8 Formosa
5.8.1 Formosa Company Profile
5.8.2 Formosa Acrylic Acid and its Derivatives Product Specification
5.8.3 Formosa Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.9 Sasol
5.9.1 Sasol Company Profile
5.9.2 Sasol Acrylic Acid and its Derivatives Product Specification
5.9.3 Sasol Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.10 Akema
5.10.1 Akema Company Profile
5.10.2 Akema Acrylic Acid and its Derivatives Product Specification
5.10.3 Akema Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.11 Sanmu Group
5.11.1 Sanmu Group Company Profile
5.11.2 Sanmu Group Acrylic Acid and its Derivatives Product Specification
5.11.3 Sanmu Group Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.12 ChemChina
5.12.1 ChemChina Company Profile
5.12.2 ChemChina Acrylic Acid and its Derivatives Product Specification
5.12.3 ChemChina Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.13 Idemitsu Kosan
5.13.1 Idemitsu Kosan Company Profile
5.13.2 Idemitsu Kosan Acrylic Acid and its Derivatives Product Specification
5.13.3 Idemitsu Kosan Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.14 Shandong Kaitai
5.14.1 Shandong Kaitai Company Profile
5.14.2 Shandong Kaitai Acrylic Acid and its Derivatives Product Specification
5.14.3 Shandong Kaitai Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.15 BASF-YPC
5.15.1 BASF-YPC Company Profile
5.15.2 BASF-YPC Acrylic Acid and its Derivatives Product Specification
5.15.3 BASF-YPC Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.16 HUAYI
5.16.1 HUAYI Company Profile
5.16.2 HUAYI Acrylic Acid and its Derivatives Product Specification
5.16.3 HUAYI Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.17 CNPC
5.17.1 CNPC Company Profile
5.17.2 CNPC Acrylic Acid and its Derivatives Product Specification
5.17.3 CNPC Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
5.18 CNOOC
5.18.1 CNOOC Company Profile
5.18.2 CNOOC Acrylic Acid and its Derivatives Product Specification
5.18.3 CNOOC Acrylic Acid and its Derivatives Production Capacity, Revenue, Price and Gross Margin
6. North America
6.1 North America Acrylic Acid and its Derivatives Market Size
6.2 North America Acrylic Acid and its Derivatives Key Players in North America
6.3 North America Acrylic Acid and its Derivatives Market Size by Type
6.4 North America Acrylic Acid and its Derivatives Market Size by Application
7. East Asia
7.1 East Asia Acrylic Acid and its Derivatives Market Size
7.2 East Asia Acrylic Acid and its Derivatives Key Players in North America
7.3 East Asia Acrylic Acid and its Derivatives Market Size by Type
7.4 East Asia Acrylic Acid and its Derivatives Market Size by Application
8. Europe
8.1 Europe Acrylic Acid and its Derivatives Market Size
8.2 Europe Acrylic Acid and its Derivatives Key Players in North America
8.3 Europe Acrylic Acid and its Derivatives Market Size by Type
8.4 Europe Acrylic Acid and its Derivatives Market Size by Application
9. South Asia
9.1 South Asia Acrylic Acid and its Derivatives Market Size
9.2 South Asia Acrylic Acid and its Derivatives Key Players in North America
9.3 South Asia Acrylic Acid and its Derivatives Market Size by Type
9.4 South Asia Acrylic Acid and its Derivatives Market Size by Application
10. Southeast Asia
10.1 Southeast Asia Acrylic Acid and its Derivatives Market Size
10.2 Southeast Asia Acrylic Acid and its Derivatives Key Players in North America
10.3 Southeast Asia Acrylic Acid and its Derivatives Market Size by Type
10.4 Southeast Asia Acrylic Acid and its Derivatives Market Size by Application
11. Middle East
11.1 Middle East Acrylic Acid and its Derivatives Market Size
11.2 Middle East Acrylic Acid and its Derivatives Key Players in North America
11.3 Middle East Acrylic Acid and its Derivatives Market Size by Type
11.4 Middle East Acrylic Acid and its Derivatives Market Size by Application
12. Africa
12.1 Africa Acrylic Acid and its Derivatives Market Size
12.2 Africa Acrylic Acid and its Derivatives Key Players in North America
12.3 Africa Acrylic Acid and its Derivatives Market Size by Type
12.4 Africa Acrylic Acid and its Derivatives Market Size by Application
13. Oceania
13.1 Oceania Acrylic Acid and its Derivatives Market Size
13.2 Oceania Acrylic Acid and its Derivatives Key Players in North America
13.3 Oceania Acrylic Acid and its Derivatives Market Size by Type
13.4 Oceania Acrylic Acid and its Derivatives Market Size by Application
14. South America
14.1 South America Acrylic Acid and its Derivatives Market Size
14.2 South America Acrylic Acid and its Derivatives Key Players in North America
14.3 South America Acrylic Acid and its Derivatives Market Size by Type
14.4 South America Acrylic Acid and its Derivatives Market Size by Application
15. Rest of the World
15.1 Rest of the World Acrylic Acid and its Derivatives Market Size
15.2 Rest of the World Acrylic Acid and its Derivatives Key Players in North America
15.3 Rest of the World Acrylic Acid and its Derivatives Market Size by Type
15.4 Rest of the World Acrylic Acid and its Derivatives Market Size by Application
16 Acrylic Acid and its Derivatives Market Dynamics
16.1 Covid-19 Impact Market Top Trends
16.2 Covid-19 Impact Market Drivers
16.3 Covid-19 Impact Market Challenges
16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
18.1 Research Methodology
18.1.1 Methodology/Research Approach
18.1.2 Data Source
18.2 Disclaimer
Glacial Acrylic Acid (GAA)
Crude Acrylic Acid
Superabsorbent Polymers (SAP)
Butyl Acrylate
Ethyl Acrylate
Methyl Acrylate
2-Ethylhexyl Acrylate
Acrylic Polymers & Resins
Acrylic Emulsions
Specialty Acrylates
Acrylic acid derivatives account for the majority of total market revenue.
Superabsorbent Polymers (Diapers, Hygiene Products)
Paints & Coatings
Adhesives & Sealants
Textiles & Nonwovens
Plastics & Polymer Modification
Construction Chemicals
Water Treatment
Superabsorbents remain the dominant application globally.
Personal Care & Hygiene
Construction
Automotive
Packaging
Textile Manufacturing
Industrial Manufacturing
Superabsorbent Polymers (SAP):
Largest revenue-generating segment driven by hygiene product demand.
Paints & Coatings:
Steady growth due to infrastructure and automotive production recovery.
Adhesives & Sealants:
Growing adoption in packaging and construction sectors.
Bio-Based Acrylic Acid:
Emerging niche segment aligned with sustainability goals.
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