Top Acrylic Acid Companies

Acrylic Acid Market size was valued at USD 14.47 Billion in 2024 and is poised to grow from USD 15.17 Billion in 2025 to USD 22.07 Billion by 2033, growing at a CAGR of 4.8% during the forecast period (2026–2033).

Companies within the acrylic acid market are investing heavily in R&D and technology breakthroughs and green production technologies such as bio-based acrylic acid to continue their leading position in the market. Competitiveness in the market is driven by product innovation and price sensitivity from the increasing demand for acrylic acid derivatives within various industries, including personal care, automotive, and construction. 'BASF SE (Germany) ', 'Arkema (France) ', 'Nippon Shokubai Co., Ltd. (Japan) ', 'LG Chem (South Korea) ', 'The Dow Chemical Company (United States) ', 'China Petroleum & Chemical Corporation (SINOPEC) (China) ', 'Formosa Plastics Corporation (Taiwan) ', 'Mitsubishi Chemical Corporation (Japan) ', 'Shanghai Huayi Acrylic Acid Co. Ltd. (China) ', 'Satellite Chemical Co. Ltd. (China) ', 'Wanhua Chemical Group Co., Ltd. (China) ', 'Eastman Chemical Company (United States) ', 'Sumitomo Chemical Co., Ltd. (Japan) ', 'Rohm and Haas Company (United States) ', 'Evonik Industries AG (Germany) ', 'Tosoh Corporation (Japan) ', 'Kemira Oyj (Finland) ', 'Kuraray Co., Ltd. (Japan) ', 'ADEKA Corporation (Japan) ', 'DIC Corporation (Japan) '

Superabsorbent polymers (SAPs) are gaining market momentum due to the increasing global demand for personal care products such as diapers, adult incontinence products, and feminine hygiene products. The acrylic acid industry is also rising with the growing demand for SAPs due to increased population and hygienic consciousness. Acrylic acid is a crucial raw material in the production of SAPs.

Transition to Bio-based Acryl Acid: Bio-based acrylic acid is gaining increasing popularity as a product from renewable feedstocks including maize, glycerol, and glucose. This trend takes place in response to increased pressure on consumers and firms to be sustainable. The pace of growth therefore rests on the increases for green chemistry and bioengineering technologies.

Asia-Pacific recorded the highest overall revenue share of 40.0% in 2023. Factors include industrialization and urbanization alongside booming disposable incomes of the growing middle class in the region, contributing to its superior position. The demand for products based on acrylic acid in the region increases because the construction, automotive, and personal care industries are booming in China, India, and Japan. Growing urban infrastructure and more consumer goods, paints, coatings, and adhesives are driving growth in the regional acrylic acid industry. Steady growth in the usage of SAPs in personal hygiene products also helps in acrylic acid regional growth.