Acrylic Acid Market Research Report- Forecast to 2022

Acrylic Acid Market Research Report- Forecast to 2022

ID: MRFR/CnM/1931-CRR | September, 2018 | Region: Global | 166 pages | Cooked Research Reports

Global Acrylic Acid Market: Information by Type (Superabsorbent Polymers, Methyl Acrylate, Ethyl Acrylate, Elastomers, Butyl Acrylate), Application (Paper Coating, Adhesives & Sealants, Agriculture, Plastic Sheets, Diapers) & Region—Forecast till 2022


Market Snapshot


Global supplies of acrylic acid are likely to remain strong over the next couple of years with emerging markets posting higher demand. Acrylic acid remains a sought-after industrial material, owing to its wide-ranging properties.  Acrylic acid is a specialty chemical and finds widespread application in several large-scale industrial verticals. Construction, polymer and adhesive are some of its major end-use industries, which are exhibiting healthy growth. The aforementioned factors are expected play a key role in governing the growth trends of the global acrylic acid market in the forthcoming years. By the year 2022, the market is projected to stand at over USD 18,300 Mn up from USD 13,599.9 Mn, reflecting a considerable CAGR. The concern, however, comes for the market from the ecological front, as acrylic acid continues to attract intensive scrutiny when it comes to measuring its environmental viability.


Report Abstract


This MRFR perspective presents a thorough discussion on the global acrylic acid market along with a six-year (2016-2022) market forecast. The discussion includes an analysis of industry and market trends. It also offers insights on key macro and micro-economic factors that are likely to influence the market in the near future. A part of the discussion focusses on different types of acrylic acid such as superabsorbent polymers, methyl acrylate, ethyl acrylate, water treatment polymers, 2-ethylhexyl acrylate, elastomers, and butyl acrylate. The scope of discussion also covers major application areas of acrylic acid such as paper coatings, sealants & adhesive, agriculture, plastic sheets, and diapers. Assessment of the market is on global level, covering Asia Pacific, Europe,  North America, Latin America, and the Middle East & Africa.


Companies Profiled


BASF SE, The Dow Chemical Company, Arkema SA, Evonik Industries, Nippon Shokubai Co. Ltd, Taixing Jurong Chemical Co Ltd, PJSC Sibur Holding, LG Chemicals, Shenyang Chemical Co Ltd,  Mitsubishi Chemical, and Hexion Inc.


The report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report.


Research Methodology


Market Research Future (MRFR) offers relevant and fact-based market intelligence. Cutting-edge research and evaluation methods are employed to interpret market shifts and uncover trends from data collected through primary and secondary research. The credible sources referred to, for data collection include interviews with key level executives (VPs, CEOs, Marketing Directors, Business Development Managers, etc.), surveys, SEC filings, paid database services, and whitepaper references among others. The top-down and bottom-up approaches authenticate the accuracy of the holistic insights and statistical observations presented in our reports. Latest data science tools are used for mapping data and bridging gaps in research findings. A multi-layer verification process reaffirms the credibility of the actionable market intelligence offered through our studies.


Other Description



  • Currency- USD

  • Base year- 2015

  • Forecast Period- From 2016 to 2022


For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for Acrylic Acid


By Type



  • Methyl Acrylate

  • Ethyl Acrylate

  • Butyl Acrylate

  • 2-Ethylhexyl Acrylate

  • Elastomers

  • Superabsorbent Polymers

  • Water Treatment Polymers

  • Others


By Application



  • Adhesives & sealants

  • Diapers

  • Surface Coating

  • Cement Modifiers

  • Paper Industry

  • Textile

  • Anti-scalant

  • Adult Incontinence Products

  • Others


By Region



  • North America: US and Canada

  • Europe: Germany, Russia, the UK, France, Spain, and Rest of Europe

  • Asia-Pacific (APAC): China, Japan, India, South Korea, and Rest of Asia-Pacific

  • The Middle East & Africa (MEA): GCC, Turkey, South Africa, and Rest of the Middle East & Africa

  • Latin America: Brazil, Mexico, Argentina, and Rest of Latin America


Intended Audience



  • Acrylic Acid manufacturers

  • Suppliers and distributors

  • Potential investors

  • Raw material suppliers

  • Associations

  • Government Institutes

  • End-Use Industries

The growth of the global acrylic acid market will be healthy at a 5.14% compound annual growth rate (CAGR) over the forecast period of 2016-2022, growing from USD 13,599.9 Million in 2015  to USD 18,315.3 Million by the end of 2022, proclaims Market Research Future (MRFR) in a meticulously analyzed research report.


Much of the growth of the global acrylic acid market is being derived from the towering use of superabsorbent polymers in various applications. They possess a number of characteristics which make them suitable for use in varied applications. It has multiple improvement properties such as shrinkage reduction, frost resistance, waterproofing, rheology modification, surface curing, fire protection, etc. However, they have found revolutionary usage in the diaper industry. Superabsorbent polymers absorb, and retain under slight mechanical pressure, about 30 times their weight. In addition, they are also used for agricultural purpose.


Acrylic acid products are being widely used in the construction industry owing to its properties of being colorless, light, odorless, clean and being available in both powder and liquid form. They are used for weathering resistance, road making, and coating purposes. Moreover, they are being used in denture base materials too which spurs the growth of the market.


Propylene, the key raw material in the production of acrylic acid is subject to frequent price volatility. The price of propylene has increased more than 30% in the recent past and has inflated the price of acrylic acids by up to 50% which is likely to limit the growth of the market over the forecast period.


Due to a hike in the price of propylene, bio-based acrylic acids have gained traction among industries. The market for bio-based acrylic acid is USD 9 Billion and is growing with CAGR of about 4% per year. Moreover, stringent environmental regulations and health hazards associated with acrylic acid production have paved the way for key players to switch to the production of bio-based acrylic acid which is expected to provide the market with lucrative growth opportunities.


The global acrylic acid market has been segmented based on type and application. By type, the market has been segmented into superabsorbent polymers, methyl acrylate, ethyl acrylate, water treatment polymers, 2-ethylhexyl acrylate, elastomers, butyl acrylate, and others. Type-wise, the superabsorbent polymer segment accounted for the largest market share in 2015 and is expected to maintain the same momentum over the forecast period. Application of superabsorbent polymers in diapers, female hygiene products, and agricultural products drives the growth of the segment. By application, the market has been segmented into surface coatings, adhesive & sealants, agriculture, plastic sheets, diapers, cement modifiers, and others. In 2015, the diapers segment was the largest segment owing to rising attention towards baby hygiene, increase in disposable income, and rapid urbanization.


Regional Analysis


The global acrylic acids market spans across the regions of Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. In 2015, Asia Pacific held the maximum share of the global market and was projected to reach USD 6520.9 Million by the end of 2022 at a CAGR of 5.39%. Asia Pacific region is experiencing high demand for acrylic acids in various end-use industries. There has been substantial growth in the construction industry in the emerging economies of China, India, and Japan which supports the growth of the market in Asia Pacific. Moreover, the presence of a large number of producers, cheap labor cost and robust industry growth has attracted major chemical companies to venture into the Asia Pacific market. North America is the second largest market for acrylic acid, the US being the key contributor to the market. High penetration of end-use products such as diapers, paints, and paper coating in the region can be attributed for the growth of the North America market. The markets in Europe, Latin America, and the Middle East & Africa are expected to show moderate growth over the forecast period.


Competitive Tracking


The notable players operating in the global acrylic acids market include BASF SE (Germany), Arkema (France), Nippon Shokubai Co. Ltd (Japan), PJSC Sibur Holding (Russia), Shenyang Chemical Co. Ltd (China), Hexion Inc (US), the Dow Chemical Company (US), Evonik Industries (Germany), Jiangsu Jurong Chemical Co. Ltd (China), LG Chemicals (South Korea), and Mitsubishi Chemical (Japan). Among them, BASF SE, Nippon Shokubai Co. Ltd, and LG Chemicals collectively account for the majority share of the market.

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TABLE OF CONTENTS

2.1 Market Definition 15

2.2 Scope of the Study 15

2.2.1 Research Objectives 15

2.3 List of Assumptions 15

2.4 Market Structure 15

2.5 Key Takeaways 15

4.1 Research Process 18

4.2 Primary Research 18

4.3 Secondary Research 18

4.4 Market Size Estimation 19

4.5 Forecast Model 19

5.1 Introduction 21

5.2 Drivers 21

5.2.1 Increasing use of superabsorbent polymers in various applications 21

5.2.2 Growth of the construction industry 21

5.2.3 Rising demand for water-based adhesives 21

5.3 Restraints 22

5.3.1 Rising environment concerns and health hazards 22

5.3.2 Rise in price of raw materials 22

5.4 Opportunities 23

5.4.1 Increase in the use of bio-based acrylic acid 23

5.4.2 Increasing demand from emerging economies 23

6.1 Market Factor Analysis 25

6.1.1 Raw Material Suppliers 25

6.1.2 Acrylic Acid Producers 25

6.1.3 Distribution Channel 26

6.1.4 End-Users 26

6.2 Porter’s Five Forces Model 27

6.2.1 Threat of New Entrants 27

6.2.2 Threat of Rivalry 27

6.2.3 Threat of Substitutes 27

6.2.4 Bargaining Power of Suppliers 28

6.2.5 Bargaining Power of Buyers 28

7.1 Introduction 29

7.2 Methyl Acrylate 30

7.3 Ethyl Acrylate 34

7.4 Butyl Acrylate 39

7.5 2-Ethylhexyl Acrylate 49

7.6 Elastomers 54

7.7 Superabsorbent 56

7.8 Water Treatment Polymers 58

7.9 Others 58

8.1 Introduction 64

8.2 Adhesives & Sealants 66

8.3 Diaper 71

8.4 Surface Coating 76

8.5 Paper Industry 81

8.6 Cement Modifiers 86

8.7 Textile 88

8.8 Anti-Scalant 90

8.9 Adult Incontinence Products 92

8.10 Others 94

9.1 Introduction 97

9.2 North America 101

9.2.1 US… 1059.2.2 Canada 107

9.3 Europe 109

9.3.1 Germany 113

9.3.2 UK 116

9.3.3 France 118

9.3.4 Spain 121

9.3.5 Rest of Europe 124

9.4 Asia-Pacific 127

9.4.1 China 131

9.4.2 Japan 134

9.4.3 India 137

9.4.4 Rest of Asia-Pacific 140

9.5 Middle East & Africa 141

9.5.1 Turkey 144

9.5.2 Israel 145

9.5.3 North Africa 146

9.5.4 GCC 147

9.5.5 Rest of the Middle East & Africa 148

9.6 Latin America 151

9.6.1 Brazil 152

9.6.2 Argentina 153

9.6.3 Mexico 155

9.6.4 Rest of Latin America 157

10.1 Introduction 160

10.2 Market Strategy Analysis 160

10.3 Key Developments of Major Market Players 160

11.1 BASF SE 164

11.1.1 Company Overview 164

11.1.2 Product/Business Segment Overview 164

11.1.3 Financial Overview 165

11.1.4 Key Developments 165

11.2 The Dow Chemical Company 166

11.2.1 Company Overview 166

11.2.2 Product/Business Segment Overview 166

11.2.3 Financial Overview 167

11.2.4 Key Developments 167

11.3 Arkema 168

11.3.1 Company Overview 168

11.3.2 Product/Business Segment Overview 168

11.3.3 Financial Overview 169

11.3.4 Key Developments 169

11.4 Nippon Shokubai Co. Ltd 170

11.4.1 Company Overview 170

11.4.2 Product/Business Segment Overview 170

11.4.3 Financial Overview 171

11.4.4 Key Developments 171

11.5 LG Chemicals 172

11.5.1 Company Overview 172

11.5.2 Product/Business Segment Overview 172

11.5.3 Financial Overview 173

11.5.4 Key Developments 173

11.6 Shenyang Tianlongyang Chemical Co. Ltd 174

11.6.1 Company Overview 174

11.6.2 Product/Business Segment Overview 174

11.6.3 Financial Overview 175

11.6..4 Key Developments 175

11.7 Mitsubishi Chemical 176

11.7.1 Company Overview 176

11.7.2 Product/Business Segment Overview 176

11.7.3 Financial Overview 177

11.7.4 Key Developments 177

11.8 Evonik Industries 178

11.8.1 Company Overview 178

11.8.2 Product/Business Segment Overview 178

11.8.3 Financial Overview 179

11.8.4 Key Developments 179

11.9 Taixing Jurong Chemical Co. Ltd 180

11.9.1 Company Overview 180

11.9.2 Product/Business Segment Overview 180

11.9.3 Financial Overview 181

11.9.4 Key Developments 181

11.10 PJSC Sibur Holding 182

11.10.1 Company Overview 182

11.10.2 Product/Business Segment Overview 182

11.10.3 Financial Overview 183

11.10.4 Key Developments 183

11.11 Hexion Inc. 184

11.11.1 Company Overview 184

11.11.2 Product/Business Segment Overview 184

11.11.3 Financial Overview 185

11.11.4 Key Developments 185

TABLE 1 GLOBAL ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 28

TABLE 2 GLOBAL ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 29

TABLE 3 GLOBAL ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 30

TABLE 4 GLOBAL ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 31

TABLE 5 NORTH AMERICA: ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 31

TABLE 6 NORTH AMERICA: ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 32

TABLE 7 EUROPE: ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 32

TABLE 8 EUROPE: ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 33

TABLE 9 ASIA-PACIFIC: ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 33

TABLE 10 ASIA-PACIFIC: ACRYLIC ACID MARKET FOR METHYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 34

TABLE 11 GLOBAL ACRYLIC ACID MARKET FOR ETHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 35

TABLE 12 GLOBAL ACRYLIC ACID MARKET FOR ETHYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 36

TABLE 13 NORTH AMERICA: ACRYLIC ACID MARKET FOR ETHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 36

TABLE 14 NORTH AMERICA: ACRYLIC ACID MARKET FOR ETHYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 37

TABLE 15 EUROPE: ACRYLIC ACID MARKET FOR ETHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 37

TABLE 16 EUROPE: ACRYLIC ACID MARKET FOR ETHYL ACRYLATE , BY REGION, 2014–2022 (METRIC TONS) 38

TABLE 17 ASIA PACIFIC: ACRYLIC ACID MARKET FOR ETHYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 38

TABLE 18 ASIA PACIFIC: ACRYLIC ACID MARKET FOR ETHYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 39

TABLE 19 GLOBAL ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 40

TABLE 20 GLOBAL ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 41

TABLE 21 NORTH AMERICA: ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 41

TABLE 22 NORTH AMERICA: ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 42

TABLE 23 EUROPE: ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 42

TABLE 24 EUROPE: ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 43

TABLE 25 ASIA PACIFIC: ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 43

TABLE 26 ASIA PACIFIC: ACRYLIC ACID MARKET FOR BUTYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 44

TABLE 27 GLOBAL ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY TYPE, 2014–2022 (USD MILLION) 45

TABLE 28 GLOBAL ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY TYPE, 2014–2022 (METRIC TONS) 46

TABLE 29 NORTH AMERICA: ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 46

TABLE 30 NORTH AMERICA: ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 47

TABLE 31 EUROPE: ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 47

TABLE 32 EUROPE: ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 48

TABLE 33 ASIA PACIFIC: ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY REGION, 2014–2022 (USD MILLION) 48

TABLE 34 ASIA PACIFIC: ACRYLIC ACID MARKET FOR 2-ETHYLHEXYL ACRYLATE, BY REGION, 2014–2022 (METRIC TONS) 49

TABLE 35 GLOBAL ACRYLIC ACID MARKET FOR ELASTOMERS, BY TYPE, 2014–2022 (USD MILLION) 50

TABLE 36 GLOBAL ACRYLIC ACID MARKET FOR ELASTOMERS, BY TYPE, 2014–2022 (METRIC TONS) 51

TABLE 37 NORTH AMERICA: ACRYLIC ACID MARKET FOR ELASTOMERS, BY REGION, 2014–2022 (USD MILLION) 51

TABLE 38 NORTH AMERICA: ACRYLIC ACID MARKET FOR ELASTOMERS, BY REGION, 2014–2022 (METRIC TONS) 52

TABLE 39 EUROPE: ACRYLIC ACID MARKET FOR ELASTOMERS, BY REGION, 2014–2022 (USD MILLION) 52

TABLE 40 EUROPE: ACRYLIC ACID MARKET FOR ELASTOMERS, BY REGION, 2014–2022 (METRIC TONS) 53

TABLE 41 ASIA PACIFIC: ACRYLIC ACID MARKET FOR ELASTOMERS, BY REGION, 2014–2022 (USD MILLION) 53

TABLE 42 ASIA PACIFIC: ACRYLIC ACID MARKET FOR ELASTOMERS, BY REGION, 2014–2022 (METRIC TONS) 54

TABLE 43 GLOBAL ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY TYPE, 2014–2022 (USD MILLION) 55

TABLE 44 GLOBAL ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY TYPE, 2014–2022 (METRIC TONS) 56

TABLE 45 NORTH AMERICA: ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY REGION, 2014–2022 (USD MILLION) 56

TABLE 46 NORTH AMERICA: ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY REGION, 2014–2022 (METRIC TONS) 57

TABLE 47 EUROPE: ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY REGION, 2014–2022 (USD MILLION) 57

TABLE 48 EUROPE: ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY REGION, 2014–2022 (METRIC TONS) 58

TABLE 49 ASIA PACIFIC: ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY REGION, 2014–2022 (USD MILLION) 58

TABLE 50 ASIA PACIFIC: ACRYLIC ACID MARKET FOR SUPERABSORBENT, BY REGION, 2014–2022 (METRIC TONS) 59

TABLE 51 GLOBAL ACRYLIC ACID MARKET FOR WATER TREATMENT, BY TYPE, 2014–2022 (USD MILLION) 60

TABLE 52 GLOBAL ACRYLIC ACID MARKET FOR WATER TREATMENT, BY REGION, 2015 (%) 60

TABLE 53 GLOBAL ACRYLIC ACID MARKET FOR WATER TREATMENT, BY TYPE, 2014–2022 (METRIC TONS) 61

TABLE 54 NORTH AMERICA: ACRYLIC ACID MARKET FOR WATER TREATMENT, BY REGION, 2014–2022 (USD MILLION) 61

TABLE 55 NORTH AMERICA: ACRYLIC ACID MARKET FOR WATER TREATMENT, BY REGION, 2014–2022 (METRIC TONS) 61

TABLE 56 EUROPE: ACRYLIC ACID MARKET FOR WATER TREATMENT, BY REGION, 2014–2022 (USD MILLION) 62

TABLE 57 EUROPE: ACRYLIC ACID MARKET FOR WATER TREATMENT, BY REGION, 2014–2022 (METRIC TONS) 62

TABLE 58 ASIA PACIFIC: ACRYLIC ACID MARKET FOR WATER TREATMENT, BY REGION, 2014–2022 (USD MILLION) 63

TABLE 59 ASIA PACIFIC: ACRYLIC ACID MARKET FOR WATER TREATMENT, BY REGION, 2014–2022 (METRIC TONS) 63

TABLE 60 GLOBAL ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 65

TABLE 61 GLOBAL ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 66

TABLE 62 GLOBAL ADHESIVES SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 68

TABLE 63 NORTH AMERICA: ADHESIVES SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 68

TABLE 64 NORTH AMERICA: ADHESIVES SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 69

TABLE 65 EUROPE: ADHESIVES SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 69

TABLE 66 EUROPE: ADHESIVES SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 70

TABLE 67 ASIA PACIFIC: ADHESIVES SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 70

TABLE 68 ASIA PACIFIC: ADHESIVES SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 71

TABLE 69 GLOBAL DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 72

TABLE 70 GLOBAL DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 73

TABLE 71 NORTH AMERICA: DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 73

TABLE 72 NORTH AMERICA: DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 74

TABLE 73 EUROPE: DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 74

TABLE 74 EUROPE: DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 75

TABLE 75 ASIA PACIFIC: DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 75

TABLE 76 ASIA PACIFIC: DIAPER SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 76

TABLE 77 GLOBAL SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 77

TABLE 78 GLOBAL SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 78

TABLE 79 NORTH AMERICA: SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 78

TABLE 80 NORTH AMERICA: SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 79

TABLE 81 EUROPE: SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 79

TABLE 82 EUROPE: SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 80

TABLE 83 ASIA PACIFIC: SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 80

TABLE 84 ASIA PACIFIC: SURFACE COATING SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 81

TABLE 85 GLOBAL PAPER INDUSTRY MARKET FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 82

TABLE 86 GLOBAL PAPER INDUSTRY SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 83

TABLE 87 NORTH AMERICA: PAPER INDUSTRY SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 83

TABLE 88 NORTH AMERICA: PAPER INDUSTRY SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 84

TABLE 89 EUROPE: PAPER INDUSTRY SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 84

TABLE 90 EUROPE: PAPER INDUSTRY SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 85

TABLE 91 ASIA PACIFIC: PAPER INDUSTRY SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 85

TABLE 92 ASIA PACIFIC: PAPER INDUSTRY SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 86

TABLE 93 GLOBAL CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 87

TABLE 94 GLOBAL CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 88

TABLE 95 NORTH AMERICA: CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 88

TABLE 96 NORTH AMERICA: CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 89

TABLE 97 EUROPE: CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 89

TABLE 98 EUROPE: CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 90

TABLE 99 ASIA PACIFIC: CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 90

TABLE 100 ASIA PACIFIC: CEMENT MODIFIERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 91

TABLE 101 GLOBAL OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 92

TABLE 102 GLOBAL OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 93

TABLE 103 NORTH AMERICA: OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 93

TABLE 104 NORTH AMERICA: OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 94

TABLE 105 EUROPE: OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 94

TABLE 106 EUROPE: OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 95

TABLE 107 ASIA PACIFIC: OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 95

TABLE 108 ASIA PACIFIC: OTHERS SHARE FOR ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 96

TABLE 109 GLOBAL ACRYLIC ACID MARKET, BY REGION, 2014–2022 (USD MILLION) 97

TABLE 110 GLOBAL ACRYLIC ACID MARKET, BY REGION, 2014–2022 (METRIC TONS) 98

TABLE 111 GLOBAL ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 99

TABLE 112 GLOBAL ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 99

TABLE 113 GLOBAL ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 100

TABLE 114 GLOBAL ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 100

TABLE 115 NORTH AMERICA: ACRYLIC ACID MARKET, BY COUNTRY, 2014–2022 (USD MILLION) 101

TABLE 116 NORTH AMERICA: ACRYLIC ACID MARKET, BY COUNTRY, 2014–2022 (METRIC TONS) 101

TABLE 117 NORTH AMERICA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 102

TABLE 118 NORTH AMERICA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 102

TABLE 119 NORTH AMERICA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 103

TABLE 120 NORTH AMERICA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 103

TABLE 121 US: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 104

TABLE 122 US: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 105

TABLE 123 US: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 105

TABLE 124 US: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 106

TABLE 125 CANADA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 107

TABLE 126 CANADA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 108

TABLE 127 CANADA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 108

TABLE 128 CANADA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 109

TABLE 129 EUROPE: ACRYLIC ACID MARKET, BY COUNTRY, 2014–2022 (USD MILLION) 109

TABLE 130 EUROPE: ACRYLIC ACID MARKET, BY COUNTRY, 2014–2022 (METRIC TONS) 110

TABLE 131 EUROPE: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 111

TABLE 132 EUROPE: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 111

TABLE 133 EUROPE: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 112

TABLE 134 EUROPE: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 113

TABLE 135 GERMANY: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 113

TABLE 136 GERMANY: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 114

TABLE 137 GERMANY: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 115

TABLE 138 GERMANY: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 115

TABLE 139 UK: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 116

TABLE 140 UK: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 117

TABLE 141 UK: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 117

TABLE 142 UK: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 118

TABLE 143 FRANCE: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 118

TABLE 144 FRANCE: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 119

TABLE 145 FRANCE: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 119

TABLE 146 FRANCE: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 120

TABLE 147 SPAIN: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 121

TABLE 148 SPAIN: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 122

TABLE 149 SPAIN: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 122

TABLE 150 SPAIN: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 123

TABLE 151 REST OF EUROPE: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 124

TABLE 152 REST OF EUROPE: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 125

TABLE 153 REST OF EUROPE: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 125

TABLE 154 REST OF EUROPE: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 126

TABLE 155 ASIA PACIFIC: ACRYLIC ACID MARKET, BY COUNTRY, 2014–2022 (USD MILLION) 127

TABLE 156 ASIA PACIFIC: ACRYLIC ACID MARKET, BY COUNTRY, 2014–2022 (METRIC TONS) 127

TABLE 157 ASIA PACIFIC: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 128

TABLE 158 ASIA PACIFIC: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 129

TABLE 159 ASIA PACIFIC: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 129

TABLE 160 ASIA PACIFIC: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 130

TABLE 161 CHINA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 131

TABLE 162 CHINA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 132

TABLE 163 CHINA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 132

TABLE 164 CHINA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 133

TABLE 165 JAPAN: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 134

TABLE 166 JAPAN: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 135

TABLE 167 JAPAN: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 135

TABLE 168 JAPAN: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 136

TABLE 169 INDIA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 137

TABLE 170 INDIA: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 138

TABLE 171 INDIA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 138

TABLE 172 INDIA: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 139

TABLE 173 REST OF ASIA-PACIFIC: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (USD MILLION) 140

TABLE 174 REST OF ASIA-PACIFIC: ACRYLIC ACID MARKET, BY TYPE, 2014–2022 (METRIC TONS) 141

TABLE 175 REST OF ASIA-PACIFIC: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (USD MILLION) 141

TABLE 176 REST OF ASIA-PACIFIC: ACRYLIC ACID MARKET, BY APPLICATION, 2014–2022 (METRIC TONS) 142

TABLE 177 KEY DEVELOPMENTS 143


FIGURE 1 RESEARCH PROCESS OF MRFR 17

FIGURE 2 FORECAST MODEL 19

FIGURE 3 GLOBAL ACRYLIC ACID MARKET SHARE, BY TYPE, 2015 (%) (VALUE) 27

FIGURE 4 GLOBAL ACRYLIC ACID MARKET SHARE, BY TYPE, 2015 (%) (VOLUME) 28

FIGURE 5 GLOBAL METHYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 29

FIGURE 6 GLOBAL METHYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 30

FIGURE 7 GLOBAL ETHYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 34

FIGURE 8 GLOBAL ETHYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 35

FIGURE 9 GLOBAL BUTYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 39

FIGURE 10 GLOBAL BUTYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 40

FIGURE 11 GLOBAL 2-ETHYLHEXYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 44

FIGURE 12 GLOBAL 2-ETHYLHEXYL ACRYLATE MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 45

FIGURE 13 GLOBAL ELASTOMERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 49

FIGURE 14 GLOBAL ELASTOMERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 50

FIGURE 15 GLOBAL SUPERABSORBENT MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 54

FIGURE 16 GLOBAL SUPERABSORBENT MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 55

FIGURE 17 GLOBAL WATER TREATMENT POLYMERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 59

FIGURE 18 GLOBAL WATER TREATMENT POLYMERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 60

FIGURE 19 GLOBAL ACRYLIC ACID MARKET, BY APPLICATION, 2015 (%) (VALUE) 64

FIGURE 20 GLOBAL ACRYLIC ACID MARKET, BY APPLICATION, 2015 (%) (VOLUME) 65

FIGURE 21 GLOBAL ADHESIVES MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 67

FIGURE 22 GLOBAL ADHESIVES MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 68

FIGURE 23 GLOBAL DIAPER MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 71

FIGURE 24 GLOBAL DIAPER MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 72

FIGURE 25 GLOBAL SURFACE COATING MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 76

FIGURE 26 GLOBAL SURFACE COATING MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 77

FIGURE 27 GLOBAL PAPER INDUSTRY MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 81

FIGURE 28 GLOBAL PAPER INDUSTRY MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 82

FIGURE 29 GLOBAL CEMENT MODIFIERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 86

FIGURE 30 GLOBAL CEMENT MODIFIERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 87

FIGURE 31 GLOBAL OTHERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VALUE) 91

FIGURE 32 GLOBAL OTHERS MARKET SHARE FOR ACRYLIC ACID, BY REGION, 2015 (%) (VOLUME) 92

FIGURE 33 GLOBAL ACRYLIC ACID MARKET, BY REGION, 2015 (%) (VALUE) 97

FIGURE 34 GLOBAL ACRYLIC ACID MARKET, BY REGION, 2015 (%) (VOLUME) 98

 Report Infographic image

Global Acrylic Acid Market: Competitive Landscape


The prominent players operating in the global acrylic acid market are BASF SE (Germany), the Dow Chemical Company (US), Arkema (France), Evonik Industries (Germany), Nippon Shokubai Co. Ltd (Japan), Jiangsu Jurong Chemical Co. Ltd (China), PJSC Sibur Holding (Russia), LG Chemicals (South Korea), Shenyang Chemical Co. Ltd (China), Mitsubishi Chemical (Japan), and Hexion Inc (US).


BASF SE, Nippon Shokubai Co. Ltd, and LG Chemicals together account for the majority of the market share. The global acrylic acid market is characterized by healthy competition among the leading players due to the vast potential for growth. The market comprises a significant number of tier-1 and tier-2 companies, along with some small- and medium-scale manufacturers. The prominent market players are focusing on various business tactics including agreements and collaborations, mergers & acquisitions, joint ventures, and expansions to attain a substantial market share and earn sizeable revenue during the review period of 2016 to 2022.


BASF SE operates through six business segments—chemicals, plastics, functional solutions, performance products, agricultural solutions, and oil & gas. The company offers acrylic acid products through its functional solutions segment. In April 2014, BASF SE expanded its superabsorbent polymers, acrylic acid, and butyl acrylate production plant in Nanjing (China) to provide faster, more energy-efficient, and reliable supply of products.


The Dow Chemical Company is engaged in the manufacture and sale of chemicals, plastic materials, agricultural, and other specialized products and services. In February 2017, Dow signed an agreement with SK Global Chemical Co. for the sale of ethylene acrylic acid.


Arkema produces and sells chemical products worldwide under 2 segments—high performance materials and industrial specialties. In October 2014, Arkema and Jurong Chemical, China’s leader in acrylic acid, started a joint venture named Sunke for the development of coating solutions in Asia.


Nippon Shokubai Co. Ltd operates through three segments, namely, basic chemicals, functional chemicals, and environment and catalysts. In November 2015, Nippon Shokubai Co. Ltd expanded its superabsorbent polymer and acrylic acid plants in Belgium. This expansion was aimed at gaining a significant market share in Central and Eastern Europe.


LG Chemicals is a leading producer of acrylic acid products. In March 2015, LG Chemicals increased its production capacity of superabsorbent polymers by 30% at its plant in the South Jeolla Province, South Korea.