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Acrylic Acid Market by Derivative (Methyl, Ethyl, Butyl, 2-EH, SAP, Water Treatment), Acrylic Ester/Polymer Application (Surface coating, Adhesive & Sealant, Plastic additive, Textile, Detergent Diaper & Training Pad), & Region - Global Forecast to 2028

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Date: 01-Sep-2023
No. of pages: 257
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"Increasing demand from superabsorbent polymers, increasing use in chemical synthesis are fueling the growth of the Acrylic acid market."

The Acrylic acid market is projected to grow from USD 11.7 billion in 2023 to USD 13.8 billion by 2028, at a CAGR of 3.3% during the forecast period. The demand for acrylic acid from sectors like paints and coatings, adhesives, textiles, and superabsorbent polymers for hygiene products is one of several drivers driving the market. The market is expanding as a result of rising applications in chemical synthesis, a move towards environmentally friendly products, expanding economies, and rising demand in emerging markets.

“By derivative, acrylic polymers to have the second highest market share in 2022.”

Acrylic polymers are anticipated to secure the second-highest market share in the acrylic acid market due to their versatile properties and wide-ranging applications. These polymers exhibit exceptional adhesion, durability, and weather resistance, making them highly desirable for various industries, including water treatment, baby diapers, personal care etc. The adaptability of acrylic polymers to different formulations and their compatibility with various substrates contribute to their significant market presence, positioning them as a preferred choice for numerous end-use applications.

“By acrylic ester application, surface coatings accounted for the maximum share in 2022.”

Due to their adaptable qualities that help create better paint and coating formulas, surface coatings have emerged as the major application segment for acrylic acid esters. Because of their superior adherence, toughness, and weather resistance, acrylic acid esters are frequently utilized in making surface coatings in consumer products, construction, and automotive industries. Because of their propensity to impart gloss, color retention, and corrosion protection, as well as the fact that they mix well with a variety of other chemicals, acrylic acid esters are widely used in surface coatings, cementing their dominance in the field of applications for acrylic acid.

“By acrylic polymer application, Adult Incontinence & Other Personal Care Products to have the highest CAGR during the forecast period.”

The Adult Incontinence & Other Personal Care Products segment is experiencing rapid growth within the acrylic acid polymers market due to shifting demographics, increasing population, and growing awareness about personal hygiene. As healthcare and well-being gain prominence, the demand for high-performance and absorbent materials in adult incontinence products is escalating. Acrylic acid polymers offer superior absorbency and comfort, making them ideal for applications in adult diapers, sanitary napkins, and other personal care items.

“Asia Pacific accounted for the highest market share in the Acrylic acid market in 2022.”

The Asia Pacific Acrylic acid market is witnessing growth propelled by factors. Rapid industrialization, urbanization, and population growth have spurred demand for products such as paints, coatings, adhesives, textiles, and superabsorbent polymers used in hygiene products. Asia Pacific is home to several major economies with robust manufacturing capabilities, making it a manufacturing hub for various industries. This proximity to production facilities reduces shipping costs and enables efficient supply chain management. The presence of major manufacturing hubs, increasing investments in various industries, and favorable government policies supporting economic development contribute to the region's dominance. Additionally, rising consumer awareness about personal care and hygiene products further propels the demand for superabsorbent polymers, enhancing the overall market growth in Asia Pacific.


  • By Company: Tier1: 40%, Tier 2: 25%, Tier3: 4: 35%

  • By Designation: C-Level: 35%, Director Level: 30%, Others: 35%

  • By Region: North America: 25%, Europe: 20%, Asia Pacific: 45%, South America: 5%, and Middle East & Africa: 5%.


Companies Covered: BASF SE (Germany), Arkema (France), Nippon Shokubai Co., Ltd. (Japan), LG Chem (South Korea), and The Dow Chemical Company (Midland, Michigan), and others are covered in the acrylic acid market.

Research Coverage

The market study covers the acrylic acid market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on derivative, application, and region. The study also includes an in-depth competitive analysis of key players in the market, their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to improve their position in the acrylic acid market.

Key Benefits of Buying the Report

The report is expected to help the market leaders/new entrants in this market share the closest approximations of the revenue numbers of the overall acrylic acid market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market, gain insights to improve the position of their businesses, and plan suitable go-to-market strategies. The report also aims to help stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

The report provides insights on the following pointers:


  • Analysis of key drivers (Rapid expansion of superabsorbent polymers sector, increasing application in chemical synthesis), restraints (Environmental concerns and health hazards), opportunities (Increasing demand in emerging economies) and challenges (Improper waste disposal of end products, Fluctuations in raw material prices) influencing the growth of the acrylic acid market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the acrylic acid market

  • Market Development: Comprehensive information about lucrative markets – the report analyses the acrylic acid market across varied regions

  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the acrylic acid market

  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BASF SE (Germany), Arkema (France), Nippon Shokubai Co., Ltd. (Japan), LG Chem (South Korea), and The Dow Chemical Company (Midland, Michigan), and among others in the acrylic acid market. The report also helps stakeholders understand the pulse of the acrylic acid market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Acrylic Acid Market by Derivative (Methyl, Ethyl, Butyl, 2-EH, SAP, Water Treatment), Acrylic Ester/Polymer Application (Surface coating, Adhesive & Sealant, Plastic additive, Textile, Detergent Diaper & Training Pad), & Region - Global Forecast to 2028

Table Of Contents

1 Introduction 33
1.1 Study Objectives 33
1.2 Market Definition 33
1.3 Study Scope 34
Figure 1 Acrylic Acid Market Segmentation 34
1.3.1 Regions Covered 34
1.3.2 Years Considered 35
1.4 Currency Considered 35
1.5 Units Considered 35
1.6 Limitations 35
1.7 Stakeholders 36
1.8 Inclusions And Exclusions 36
Table 1 Acrylic Acid Market: Inclusions And Exclusions 36
1.9 Summary Of Changes 37

2 Research Methodology 38
2.1 Research Data 38
Figure 2 Acrylic Acid Market: Research Design 38
2.1.1 Secondary Data 39
2.1.1.1 Key Data From Secondary Sources 39
2.1.2 Primary Data 39
2.1.2.1 Key Data From Primary Sources 40
2.1.2.2 Breakdown Of Primary Interviews 40
2.2 Market Size Estimation 41
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach 41
Figure 4 Market Size Estimation Methodology: Top-Down Approach 42
2.3 Data Triangulation 42
Figure 5 Acrylic Acid Market: Data Triangulation 43
2.4 Assumptions 44
2.5 Research Limitations 44
2.6 Growth Rate Assumption 45
2.7 Impact Of Recession 45

3 Executive Summary 46
Figure 6 Acrylic Esters To Lead Overall Acrylic Acid Market During Forecast Period 47
Figure 7 Diapers & Training Pants To Account For Largest Market Share 47
Figure 8 Surface Coatings Application To Dominate Acrylic Esters Market During Forecast Period 48
Figure 9 Asia Pacific Accounted For Largest Market Share In 2022 49

4 Premium Insights 50
4.1 Attractive Opportunities For Players In Acrylic Acid Market 50
Figure 10 Asia Pacific To Register High Growth During Forecast Period 50
4.2 Asia Pacific: Acrylic Acid Market, By Derivative And Country (2022) 51
Figure 11 China Dominates Acrylic Acid Market In Asia Pacific 51
4.3 Acrylic Acid Market, By Country 52
Figure 12 India To Be Fastest-Growing Market During Forecast Period 52

5 Market Overview 53
5.1 Introduction 53
5.2 Market Dynamics 53
Figure 13 Acrylic Acid Market: Drivers, Restraints, Opportunities, And Challenges 54
5.2.1 Drivers 54
5.2.1.1 Rise In Demand From Paints & Coatings Sector 54
5.2.1.2 Increasing Demand For Superabsorbent Polymers 55
5.2.1.3 Expanding Application In Chemical Synthesis 55
5.2.1.4 Shift From Solvent-Based Coatings To Acrylic Emulsions 55
5.2.2 Restraints 56
5.2.2.1 Environmental Concerns And Health Hazards 56
5.2.2.1.1 Clean Air Act 1990 56
5.2.2.1.2 Acute Toxicity And Air Exposure Limits 56
5.2.2.1.3 Health Hazards 56
5.2.2.1.4 Pulmonary Edema 56
5.2.3 Opportunities 57
5.2.3.1 Commercial Production Of Bio-Based Acrylic Acid 57
5.2.3.2 Increasing Demand In Emerging Economies 57
5.2.4 Challenges 57
5.2.4.1 Improper Waste Disposal Of End Products 57
Figure 14 Waste Disposable Diaper Management (1970–2018) 58
5.2.4.2 Strong Competition Among Market Players 58
5.2.4.3 Fluctuations In Raw Material Prices, High Transportation Costs, And Reactivity Hazards 58
5.3 Value Chain Analysis 59
Figure 15 Acrylic Acid Market: Value Chain Analysis 59
5.4 Supply Chain Analysis 60
Figure 16 Supply Chain Of Acrylic Acid Market 60
5.5 Porter’s Five Forces Analysis 60
Figure 17 Acrylic Acid Market: Porter’s Five Forces Analysis 61
Table 2 Porter’s Five Forces Analysis: Acrylic Acid Market 61
5.5.1 Threat Of New Entrants 62
5.5.2 Threat Of Substitutes 62
5.5.3 Bargaining Power Of Buyers 62
5.5.4 Bargaining Power Of Suppliers 62
5.5.5 Intensity Of Competitive Rivalry 63
5.5.6 Trends And Disruptions Impacting Customer Business 63
Figure 18 Revenue Shift And New Revenue Pockets For Acrylic Acid Manufacturers 63
5.6 Tariff And Regulatory Landscape 64
5.7 Regulatory Bodies, Government Agencies, And Other Organizations 66
Table 3 List Of Regulatory Bodies, Government Agencies, And Other Organizations 66
Table 4 American Industrial Hygiene Association Emergency Response Planning Guidelines (Erpg) 2010: Acrylic Acid Dose-Effect Relationship 67
5.8 Technology Analysis 68
5.8.1 New Catalyst Technology Turns Corn Into Acrylic Acid 68
5.8.2 New Technologies - Acrylic Resins 69
5.9 Acrylic Acid Market Ecosystem 69
Figure 19 Acrylic Acid Market: Ecosystem Mapping 69
Figure 20 Acrylic Acid Market: Key Stakeholders 70
5.10 Key Conferences & Events In 2023–2024 70
Table 5 Acrylic Acid Market: Detailed List Of Conferences & Events 70
5.11 Trade Analysis (Import And Export) 71
5.11.1 Import Scenario 71
Table 6 Import Scenario For Hs Code 291611, By Country, 2017–2021 (Usd Thousand) 72
5.11.2 Export Scenario 72
Table 7 Export Scenario For Hs Code: 291611, By Country, 2017–2021 (Usd Thousand) 72
5.12 Patent Analysis 73
5.12.1 Introduction 73
5.12.2 Methodology 73
5.12.3 Document Type 73
Figure 21 Granted Patents Accounted For 8% Of All Patents In Last Five Years 73
Figure 22 Patent Publication Trends (2018–2022) 74
Figure 23 Jurisdiction Analysis 74
Figure 24 Top 10 Companies/Applicants With Highest Number Of Patents 75
5.13 Case Study Analysis 75
5.14 Pricing Analysis 76
5.14.1 Average Selling Price, By Region 76
Figure 25 Average Selling Price, By Region (Usd/Kg) 76
5.14.2 Average Selling Price, By Acrylic Acid Derivative 76
Table 8 Average Selling Price, By Acrylic Acid Derivative Type (Usd/Kg) 76
5.15 Macroeconomic Overview 77
5.15.1 Introduction 77
5.15.2 Trends And Forecast Of Gdp 77
Table 9 World Gdp Growth, 2021–2028 (Usd Trillion) 77
5.16 Key Stakeholders And Buying Criteria 78
5.16.1 Key Stakeholders In Buying Process 78
Figure 26 Influence Of Stakeholders On Buying Process 78
Table 10 Influence Of Stakeholders On Buying Process Of Acrylic Acid And Its Derivatives 78
5.16.2 Buying Criteria 79
Figure 27 Key Buying Criteria In Acrylic Acid Market 79
Table 11 Key Buying Criteria In Acrylic Acid Market 79

6 Acrylic Acid Market, By Derivative 80
6.1 Introduction 81
Figure 28 Acrylic Esters Accounted For Largest Market Share In 2022 81
Table 12 Acrylic Acid Market, By Derivative, 2017–2020 (Usd Million) 81
Table 13 Acrylic Acid Market, By Derivative, 2017–2020 (Kiloton) 82
Table 14 Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 82
Table 15 Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 82
6.1.1 Acrylic Esters 82
Table 16 Acrylic Acid Market In Acrylic Esters, By Type, 2021–2028 (Usd Million) 83
Table 17 Acrylic Acid Market In Acrylic Esters, By Type, 2021–2028 (Kiloton) 83
6.1.1.1 Methyl Acrylate 83
6.1.1.2 Ethyl Acrylate 83
6.1.1.3 Butyl Acrylate 84
6.1.1.4 2-Ethylhexyl Acrylate 84
6.1.1.5 Other Acrylic Esters 84
6.1.1.5.1 Specialty Acrylate 84
6.1.1.5.2 Benzyl Acrylate 84
6.1.1.5.3 Hydroxypropyl Acrylate 84
6.1.2 Acrylic Polymers 84
Table 18 Acrylic Acid Market In Acrylic Polymers, By Type, 2021–2028 (Usd Million) 85
Table 19 Acrylic Acid Market In Acrylic Polymers, By Type, 2021–2028 (Kiloton) 85
6.1.2.1 Acrylic Elastomers 85
6.1.2.2 Superabsorbent Polymers 85
6.1.2.3 Water Treatment Polymers 85
6.1.3 Other Derivatives 86
6.1.3.1 Ammonium Polyacrylate 86
6.1.3.2 Polycyanoacrylate 86
Table 20 Acrylic Acid Market In Other Derivatives, By Type, 2021–2028 (Usd Million) 86
Table 21 Acrylic Acid Market In Other Derivatives, By Type, 2021–2028 (Kiloton) 86

7 Acrylic Acid Market, By Application 87
7.1 Introduction 88
Figure 29 Overview Of Applications Of Acrylic Acid 88
7.2 Acrylic Esters Market, By Application 89
Figure 30 Surface Coatings To Be Largest Application Of Acrylic Esters Between 2023 And 2028 89
Table 22 Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 89
Table 23 Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 90
7.2.1 Surface Coatings 90
7.2.2 Adhesives & Sealants 90
7.2.3 Plastic Additives 91
7.2.4 Detergents 91
7.2.5 Textiles 91
7.2.6 Other Applications 91
7.3 Acrylic Polymers And Other Derivatives Market, By Application 92
Figure 31 Diapers & Training Pants To Dominate Market For Acrylic Polymers 92
Table 24 Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 93
Table 25 Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 93
7.3.1 Diapers & Training Pants 94
7.3.2 Adult Incontinence & Other Personal Care Products 94
7.3.3 Water Treatment (Dispersants, Anti-Scalants, And Thickeners) 94
7.3.4 Other Applications 94

8 Acrylic Acid Market, By Region 95
8.1 Introduction 96
Figure 32 India To Record Fastest Growth During Forecast Period 96
Figure 33 Asia Pacific To Be Largest Market During Forecast Period 97
Table 26 Acrylic Acid Market, By Region, 2021–2028 (Usd Million) 97
Table 27 Acrylic Acid Market, By Region, 2021–2028 (Kiloton) 97
8.2 Asia Pacific 98
8.2.1 Recession Impact 98
Figure 34 Asia Pacific: Acrylic Acid Market Snapshot 99
Table 28 Asia Pacific: Acrylic Acid Market, By Country, 2021–2028 (Usd Million) 99
Table 29 Asia Pacific: Acrylic Acid Market, By Country, 2021–2028 (Kiloton) 100
Table 30 Asia Pacific: Acrylic Acid Market, By Derivative, 2017–2020 (Usd Million) 100
Table 31 Asia Pacific: Acrylic Acid Market, By Derivative, 2017–2020 (Kiloton) 100
Table 32 Asia Pacific: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 100
Table 33 Asia Pacific: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 101
Table 34 Asia Pacific: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 101
Table 35 Asia Pacific: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 101
Table 36 Asia Pacific: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 102
Table 37 Asia Pacific: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 102
8.2.2 China 103
8.2.2.1 Surface Coatings Application To Be Largest Consumer Of Acrylic Esters 103
Table 38 China: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 103
Table 39 China: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 103
Table 40 China: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 104
Table 41 China: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 104
Table 42 China: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 104
Table 43 China: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 105
8.2.3 Japan 105
8.2.3.1 Increasing Demand For Adult Diaper And Incontinence Products To Drive Market 105
Table 44 Japan: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 105
Table 45 Japan: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 106
Table 46 Japan: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 106
Table 47 Japan: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 106
Table 48 Japan: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 107
Table 49 Japan: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 107
8.2.4 India 108
8.2.4.1 India To Register Highest Cagr In Acrylic Acid Market During Forecast Period 108
Table 50 India: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 108
Table 51 India: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 108
Table 52 India: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 109
Table 53 India: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 109
Table 54 India: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 109
Table 55 India: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 110
8.2.5 South Korea 110
8.2.5.1 Increasing Demand From Diaper And Textile Sectors To Support Market Growth 110
Table 56 South Korea: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 110
Table 57 South Korea: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 111
Table 58 South Korea: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 111
Table 59 South Korea: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 111
Table 60 South Korea: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 112
Table 61 South Korea: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 112
8.2.6 Rest Of Asia Pacific 113
Table 62 Rest Of Asia Pacific: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 113
Table 63 Rest Of Asia Pacific: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 113
Table 64 Rest Of Asia Pacific: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 113
Table 65 Rest Of Asia Pacific: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 114
Table 66 Rest Of Asia Pacific: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 114
Table 67 Rest Of Asia Pacific: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 115
8.3 North America 115
8.3.1 Recession Impact 115
Figure 35 North America: Acrylic Acid Market Snapshot 116
Table 68 North America: Acrylic Acid Market, By Country, 2021–2028 (Usd Million) 116
Table 69 North America: Acrylic Acid Market, By Country, 2021–2028 (Kiloton) 117
Table 70 North America: Acrylic Acid Market, By Derivative, 2017–2020 (Usd Million) 117
Table 71 North America: Acrylic Acid Market, By Derivative, 2017–2020 (Kiloton) 117
Table 72 North America: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 117
Table 73 North America: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 118
Table 74 North America: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 118
Table 75 North America: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 118
Table 76 North America: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 119
Table 77 North America: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 119
8.3.2 Us 119
8.3.2.1 Expanding Residential Sector To Fuel Market Growth 119
Table 78 Us: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 120
Table 79 Us: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 120
Table 80 Us: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 120
Table 81 Us: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 121
Table 82 Us: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 121
Table 83 Us: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 122
8.3.3 Canada 122
8.3.3.1 Government Initiatives In Construction Sector To Support Acrylic Acid Market Growth 122
Table 84 Canada: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 122
Table 85 Canada: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 123
Table 86 Canada: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 123
Table 87 Canada: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 123
Table 88 Canada: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 124
Table 89 Canada: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 124
8.3.4 Mexico 125
8.3.4.1 Acrylic Esters To Account For Major Share Of Overall Market During Forecast Period 125
Table 90 Mexico: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 125
Table 91 Mexico: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 125
Table 92 Mexico: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 125
Table 93 Mexico: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 126
Table 94 Mexico: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 126
Table 95 Mexico: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 127
8.4 Europe 127
8.4.1 Recession Impact 128
Table 96 Europe: Acrylic Acid Market, By Country, 2021–2028 (Usd Million) 128
Table 97 Europe: Acrylic Acid Market, By Country, 2021–2028 (Kiloton) 128
Table 98 Europe: Acrylic Acid Market, By Derivative, 2017–2020 (Usd Million) 128
Table 99 Europe: Acrylic Acid Market, By Derivative, 2017–2020 (Kiloton) 129
Table 100 Europe: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 129
Table 101 Europe: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 129
Table 102 Europe: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 129
Table 103 Europe: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 130
Table 104 Europe: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 130
Table 105 Europe: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 131
8.4.2 Germany 131
8.4.2.1 Presence Of Highly Developed Chemical Industry To Support Market Growth 131
Table 106 Germany: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 131
Table 107 Germany: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 132
Table 108 Germany: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 132
Table 109 Germany: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 132
Table 110 Germany: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 133
Table 111 Germany: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 133
8.4.3 France 134
8.4.3.1 Growing Investment In Plastic Industry To Drive Demand 134
Table 112 France: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 134
Table 113 France: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 134
Table 114 France: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 135
Table 115 France: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 135
Table 116 France: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 135
Table 117 France: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 136
8.4.4 Netherlands 136
8.4.4.1 Strategic Location In European Chemical Industry To Support Market 136
Table 118 Netherlands: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 136
Table 119 Netherlands: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 137
Table 120 Netherlands: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 137
Table 121 Netherlands: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 137
Table 122 Netherlands: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 138
Table 123 Netherlands: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 138
8.4.5 Belgium 138
8.4.5.1 Increasing Exports To Support Market Growth 138
Table 124 Belgium: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 139
Table 125 Belgium: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 139
Table 126 Belgium: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 139
Table 127 Belgium: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 140
Table 128 Belgium: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 140
Table 129 Belgium: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 141
8.4.6 Rest Of Europe 141
Table 130 Rest Of Europe: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 141
Table 131 Rest Of Europe: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 141
Table 132 Rest Of Europe: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 142
Table 133 Rest Of Europe: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 142
Table 134 Rest Of Europe: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 142
Table 135 Rest Of Europe: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 143
8.5 Middle East & Africa 143
8.5.1 Recession Impact 143
8.5.2 South Africa 144
8.5.2.1 Increasing Demand For Surface Coatings To Boost Market Growth 144
Table 136 South Africa: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 144
Table 137 South Africa: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 144
Table 138 South Africa: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 145
Table 139 South Africa: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 145
Table 140 South Africa: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 145
Table 141 South Africa: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 146
8.5.3 Saudi Arabia 146
8.5.3.1 Acrylic Esters Segment To Dominate Overall Market During Forecast Period 146
Table 142 Saudi Arabia: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 146
Table 143 Saudi Arabia: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 147
Table 144 Saudi Arabia: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 147
Table 145 Saudi Arabia: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 147
Table 146 Saudi Arabia: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 148
Table 147 Saudi Arabia: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 148
8.5.4 Egypt 149
8.5.4.1 Increasing Exports Of Chemicals To Boost Market For Acrylic Acid 149
Table 148 Egypt: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 149
Table 149 Egypt: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 149
Table 150 Egypt: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 150
Table 151 Egypt: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 150
Table 152 Egypt: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 151
Table 153 Egypt: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 151
8.5.5 Rest Of Middle East & Africa 151
Table 154 Rest Of Middle East & Africa: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 152
Table 155 Rest Of Middle East & Africa: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 152
Table 156 Rest Of Middle East & Africa: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 152
Table 157 Rest Of Middle East & Africa: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 153
Table 158 Rest Of Middle East & Africa: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 153
Table 159 Rest Of Middle East & Africa: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 154
Table 160 Middle East & Africa: Acrylic Acid Market, By Country, 2021–2028 (Usd Million) 154
Table 161 Middle East & Africa: Acrylic Acid Market, By Country, 2021–2028 (Kiloton) 154
Table 162 Middle East & Africa: Acrylic Acid Market, By Derivative, 2017–2020 (Usd Million) 155
Table 163 Middle East & Africa: Acrylic Acid Market, By Derivative, 2017–2020 (Kiloton) 155
Table 164 Middle East & Africa: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 155
Table 165 Middle East & Africa: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 155
Table 166 Middle East & Africa: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 156
Table 167 Middle East & Africa: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 156
Table 168 Middle East & Africa: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 156
Table 169 Middle East & Africa: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 157
8.6 South America 157
8.6.1 Recession Impact 157
Table 170 South America: Acrylic Acid Market, By Country, 2021–2028 (Usd Million) 158
Table 171 South America: Acrylic Acid Market, By Country, 2021–2028 (Kiloton) 158
Table 172 South America: Acrylic Acid Market, By Derivative, 2017–2020 (Usd Million) 158
Table 173 South America: Acrylic Acid Market, By Derivative, 2017–2020 (Kiloton) 158
Table 174 South America: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 159
Table 175 South America: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 159
Table 176 South America: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 159
Table 177 South America: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 160
Table 178 South America: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 160
Table 179 South America: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 161
8.6.2 Brazil 161
8.6.2.1 Brazil To Be Dominant Market For Acrylic Acid In South America 161
Table 180 Brazil: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 161
Table 181 Brazil: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 162
Table 182 Brazil: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 162
Table 183 Brazil: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 162
Table 184 Brazil: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 163
Table 185 Brazil: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 163
8.6.3 Argentina 163
8.6.3.1 Unfavorable Economic Conditions Likely To Cause Sluggish Market Growth 163
Table 186 Argentina: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 164
Table 187 Argentina: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 164
Table 188 Argentina: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 164
Table 189 Argentina: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 165
Table 190 Argentina: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 165
Table 191 Argentina: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 166
8.6.4 Rest Of South America 166
Table 192 Rest Of South America: Acrylic Acid Market, By Derivative, 2021–2028 (Usd Million) 166
Table 193 Rest Of South America: Acrylic Acid Market, By Derivative, 2021–2028 (Kiloton) 166
Table 194 Rest Of South America: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Usd Million) 167
Table 195 Rest Of South America: Acrylic Acid Market In Acrylic Esters, By Application, 2021–2028 (Kiloton) 167
Table 196 Rest Of South America: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Usd Million) 167
Table 197 Rest Of South America: Acrylic Acid Market In Acrylic Polymers And Other Derivatives, By Application, 2021–2028 (Kiloton) 168

9 Competitive Landscape 169
9.1 Overview 169
Table 198 Companies Adopted Expansions As Key Growth Strategy Between 2018 And 2023 169
9.2 Market Share Analysis 171
Figure 36 Market Share Analysis Of Key Players, 2022 171
9.3 Revenue Analysis Of Top Players 171
Figure 37 Five-Year Revenue Analysis Of Key Companies 172
9.4 Company Evaluation Matrix 172
9.4.1 Stars 172
9.4.2 Emerging Leaders 172
9.4.3 Participants 172
9.4.4 Pervasive Players 172
Figure 38 Company Evaluation Matrix: Acrylic Acid Market, 2022 173
9.5 Company Footprint 173
Table 199 Acrylic Acid Market: Company Footprint 173
9.6 Sme Evaluation Matrix, 2022 174
9.6.1 Progressive Companies 174
9.6.2 Responsive Companies 174
9.6.3 Dynamic Companies 174
9.6.4 Starting Blocks 174
Figure 39 Sme Evaluation Matrix: Acrylic Acid Market, 2022 175
9.7 Competitive Benchmarking 176
Table 200 Acrylic Acid Market: List Of Key Players 176
9.8 Competitive Scenario 176
9.8.1 Deals 177
Table 201 Deals, 2018–2023 177
9.8.2 Product Launches 181
Table 202 Product Launches, 2018–2023 181
9.8.3 Other Developments 181
Table 203 Other Developments, 2018–2023 181

10 Company Profile 185
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View (Key Strengths/Right To Win, Strategic Choices Made, Weakness/Competitive Threats)*
10.1 Key Players 185
10.1.1 Basf Se 185
Table 204 Basf Se: Company Overview 185
Figure 40 Basf Se: Company Snapshot 186
Table 205 Basf Se: Deals 189
Table 206 Basf Se: Others 190
10.1.2 Arkema 192
Table 207 Arkema: Company Overview 192
Figure 41 Arkema: Company Snapshot 193
Table 208 Arkema: Product Launches 195
Table 209 Arkema: Deals 195
Table 210 Arkema: Others 196
10.1.3 Nippon Shokubai Co., Ltd. 198
Table 211 Nippon Shokubai Co., Ltd.: Company Overview 198
Figure 42 Nippon Shokubai Co., Ltd.: Company Snapshot 199
Table 212 Nippon Shokubai Co., Ltd.: Others 201
10.1.4 Lg Chem 203
Table 213 Lg Chem: Company Overview 203
Figure 43 Lg Chem: Company Snapshot 204
Table 214 Lg Chem: Deals 206
Table 215 Lg Chem: Others 207
10.1.5 Dow Chemical Company 209
Table 216 Dow Chemical Company: Company Overview 209
Figure 44 Dow Chemical Company: Company Snapshot 210
Table 217 Dow Chemical Company: Others 213
10.1.6 Mitsubishi Chemical Corporation 215
Table 218 Mitsubishi Chemical Corporation: Company Overview 215
Figure 45 Mitsubishi Chemical Corporation: Company Snapshot 215
Table 219 Mitsubishi Chemical Corporation: Deals 217
Table 220 Mitsubishi Chemical Corporation: Others 217
10.1.7 Sasol Ltd. 219
Table 221 Sasol Ltd.: Company Overview 219
Figure 46 Sasol Ltd.: Company Snapshot 220
10.1.8 Evonik Industries Ag 222
Table 222 Evonik Industries Ag: Company Overview 222
Figure 47 Evonik Industries Ag: Company Snapshot 223
Table 223 Evonik Industries Ag: Deals 224
Table 224 Evonik Industries Ag: Product Launches 224
Table 225 Evonik Industries Ag: Others 225
10.1.9 Merck Kgaa 226
Table 226 Merck Kgaa: Company Overview 226
Figure 48 Merck Kgaa: Company Snapshot 227
10.1.10 Sumitomo Corporation 229
Table 227 Sumitomo Corporation: Company Overview 229
Figure 49 Sumitomo Corporation: Company Snapshot 230
Table 228 Sumitomo Corporation: Others 231
10.2 Additional Players 232
10.2.1 Satellite Chemical Co., Ltd. 232
Table 229 Satellite Chemical Co., Ltd.: Company Overview 232
10.2.2 Synthomer Plc 233
Table 230 Synthomer Plc: Company Overview 233
10.2.3 Shanghai Huayi Acrylic Acid Co., Ltd. 234
Table 231 Shanghai Huayi Acrylic Acid Co., Ltd.: Company Overview 234
10.2.4 Sibur Holding Pjsc 235
Table 232 Sibur Holding Pjsc: Company Overview 235
10.2.5 Wanhua Chemical Group Co., Ltd. 236
Table 233 Wanhua Chemical Group Co., Ltd.: Company Overview 236
10.2.6 Toagosei Co., Ltd. 237
Table 234 Toagosei Co., Ltd.: Company Overview 237
10.2.7 Sinochem Group Co., Ltd. 238
Table 235 Sinochem Group Co., Ltd.: Company Overview 238
10.2.8 Lubrizol Corporation 239
Table 236 Lubrizol Corporation: Company Overview 239
10.2.9 Polysciences, Inc. 240
Table 237 Polysciences, Inc.: Company Overview 240
10.2.10 Jurong Group 241
Table 238 Jurong Group: Company Overview 241
10.2.11 Momentive Performance Materials 242
Table 239 Momentive Performance Materials: Company Overview 242
10.2.12 Solvay 243
Table 240 Solvay: Company Overview 243
10.2.13 Röhm Gmbh 243
Table 241 Röhm Gmbh: Company Overview 243
10.2.14 Kamsons Chemicals Pvt. Ltd. 244
Table 242 Kamsons Chemicals Pvt. Ltd. Company Overview 244
10.2.15 Gellner Industrial Llc 245
Table 243 Gellner Industrial Llc: Company Overview 245
*Details On Business Overview, Products/Solutions/Services Offered, Recent Developments, Mnm View (Key Strengths/Right To Win, Strategic Choices Made, Weakness/Competitive Threats)* Might Not Be Captured In Case Of Unlisted Companies.

11 Adjacent & Related Market 246
11.1 Introduction 246
11.2 Limitations 246
11.3 Bio-Acrylic Acid Market 246
11.3.1 Market Definition 246
11.3.2 Market Overview 247
11.4 Bio-Acrylic Acid Market, By Type 247
Table 244 Bio-Acrylic Acid Market, By Type, 2021–2027 (Usd Million) 247
Table 245 Bio-Acrylic Acid Market, By Type, 2021–2027 (Ton) 247
11.5 Bio-Acrylic Acid Market, By Application 248
Table 246 Bio-Acrylic Acid Market, By Application, 2021–2027 (Usd Million) 248
Table 247 Bio-Acrylic Acid Market, By Application, 2021–2027 (Ton) 248
11.6 Bio-Acrylic Acid Market, By Region 249
Table 248 Bio-Acrylic Acid Market, By Region, 2021–2027 (Ton) 249
Table 249 Bio-Acrylic Acid Market, By Region, 2021–2027 (Usd Million) 249

12 Appendix 250
12.1 Discussion Guide 250
12.2 Customization Options 254
12.3 Related Reports 254
12.4 Knowledgestore: Marketsandmarkets’ Subscription Portal 255
12.5 Author Details 257

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