Acrylic acid market seen reaching $19.2 billion by 2030

By AI, Created 11:31 AM UTC, June 02, 2026, /AGP/ – Allied Market Research projects the global acrylic acid market will grow from $12.0 billion in 2020 to $19.2 billion by 2030, driven by demand for superabsorbent polymers, adhesives and sustainability-focused production. The report also outlines regional trends, competitive dynamics and technology shifts shaping the industry.

Why it matters: - The acrylic acid market is tied to products that consumers use every day, including diapers, adult incontinence products, adhesives and sealants. - Growth in superabsorbent polymers and industrial applications can affect capacity planning, capital spending and feedstock demand across the chemicals sector. - Sustainability pressure is pushing producers toward lower-carbon processes and bio-based inputs.

What happened: - Allied Market Research published a report on the global acrylic acid market on June 2, 2026. - The report projects the market will reach $19.2 billion by 2030. - The study places the market at $12.0 billion in 2020. - The forecast implies a 4.8% compound annual growth rate from 2021 to 2030. - Download the PDF brochure. - Buy the latest version of the report. - Ask an expert. - Access the full summary report.

The details: - The report covers market size, share, growth outlook, trends, regional analysis and the competitive landscape. - The analysis includes drivers, restraints and opportunities. - AMR says the report is designed to help businesses make investment decisions and stay competitive. - Sustainable production is one major trend. - BASF and Arkema are developing bio-based acrylic acid using renewable raw materials such as glycerin. - BASF is exploring biomass-derived feedstocks to lower carbon footprints. - Advanced catalysts and process improvements are another focus. - Specialized catalysts have improved propylene-to-acrylic-acid conversion and reduced waste. - Demand for superabsorbent polymers is rising. - Evonik is expanding production capacity for superabsorbent polymers. - Demographics are supporting that demand, including a growing geriatric population and higher birth rates in some regions. - Acrylic acid derivatives are used more widely in adhesives and sealants. - Henkel and 3M are developing acrylic adhesives for automotive, construction and consumer goods applications. - Digitalization is changing plant operations. - Companies are using Industry 4.0 tools such as IoT and AI to monitor and improve production in real time. - Dow Chemical uses digital twin technology and predictive maintenance to improve plant performance. - The report includes regional analysis for North America, Asia-Pacific, Europe and LAMEA. - The regional section examines trends, growth factors and challenges in each market. - The competitive landscape section reviews product portfolios, operational strategies, competitive strengths and growth strategies. - Companies profiled include Myriant Corporation, Arkema S.A., BASF SE, SIBUR, LG Chem Ltd., The Lubrizol Corporation, The Dow Chemical Company, Evonik Industries AG, Formosa Plastic Group and Mitsubishi Chemical Holdings Corporation.

Between the lines: - The report points to a market being shaped by both volume growth and process change. - Demand growth is coming from consumer and industrial uses, while cost and emissions pressure are pushing manufacturers to modernize production. - The regional and competitive breakdown suggests the market remains fragmented enough that strategy and technology can still differentiate producers.

What’s next: - Producers are likely to keep investing in bio-based feedstocks, catalyst upgrades and automation. - Capacity additions may continue where superabsorbent polymer demand is strongest. - Regional market conditions will remain important for investment decisions and supply-chain planning. - Competitive pressure is likely to intensify as large chemical companies pursue efficiency gains and lower-carbon production.