Acrylic Acid Derivatives Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to acrylic acid derivatives market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Acrylic Acid Derivatives Market News

in Acrylic Acid Derivatives Market
  • In August 2025, BASF and Covestro, two leading players in the market, entered a strategic collaboration to develop and produce a new line of polycarbonate resins. This partnership is expected to strengthen their market position and broaden their product offerings, providing customers with a more comprehensive range of solutions.
  • In September 2024, Bluestem Biosciences announced a collaboration with bitBiome to enhance the commercial biomanufacturing of acrylic acid. This partnership aims to develop advanced enzymes that will expedite the production process, making it more efficient and environmentally friendly. The collaboration combines Bluestem’s innovative yeast-based production platform with bitBiome’s enzyme discovery capabilities, aligning with the industry's shift towards sustainable and bio-based production methods.
  • In November 2024, SABIC, a global leader in the chemical industry, completed the acquisition of GE Plastics, significantly expanding its acrylic derivatives portfolio. This strategic move enables SABIC to increase its market share and enhance its presence in the global acrylic acid derivatives market.
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Global Acrylic Acid Derivatives Market size was valued at USD 19.79 Billion in 2023 and is poised to grow from USD 20.64 Billion in 2024 to USD 28.91 Billion by 2032, growing at a CAGR of 4.3% in the forecast period (2025-2032).

The global acrylic acid derivatives industry is characterized by a mix of large multinational corporations and innovative startups. Established companies, such as BASF, Dow Inc., Arkema, LG Chem, and SABIC, dominate the market with their extensive product portfolios and strong presence across diverse industrial sectors, including paints, coatings, adhesives, and superabsorbent polymers. These companies are focusing on technological advancements and sustainability to maintain their competitive edge in the market. 'BASF SE', 'Covestro', 'SABIC ', 'Bluestem Biosciences', 'Nippon Shokubai Co., Ltd.', 'Arkema S.A.', 'Dow Inc.', 'LG Chem Ltd.', 'Evonik Industries AG', 'Mitsubishi Chemical Holdings Corporation', 'Sasol Limited', 'Formosa Plastics Corporation', 'Hexion Inc.', 'SIBUR Holding', 'Wanhua Chemical Group Co., Ltd.'

One of the most significant growth drivers in the acrylic acid derivatives market is the soaring demand for superabsorbent polymers (SAPs) used in hygiene products. These polymers, derived from acrylic acid, are crucial components in diapers, feminine hygiene products, and adult incontinence items due to their superior liquid retention capabilities. In 2024, as global birth rates stabilize and the aging population rises, especially in developed nations like Japan and Germany, demand for these products has intensified.

Shift Toward Bio-Based Acrylic Derivatives: To reduce dependency on fossil fuels and align with sustainability goals, companies are actively developing bio-based acrylic acid derivatives. These are derived from renewable resources such as glycerol or lactic acid. In 2024, Arkema announced its collaboration with a biotech startup to produce bio-based acrylic acid monomers, positioning itself as a pioneer in green chemical innovation. This acrylic acid derivatives market trend is gaining traction, especially in Europe and North America, where eco-conscious consumers and corporate ESG (Environmental, Social, and Governance) mandates are influencing procurement decisions.

What Is Driving Growth in the Acrylic Acid Derivatives Market Across North America?

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Global Acrylic Acid Derivatives Market
Acrylic Acid Derivatives Market

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