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Polyacrylic Acid Market: By Type, By Application, By End-User and By Geography 2019-2030
Polyacrylic Acid Market: By Type, By Application, By End-User and By Geography 2019-2030
The Polyacrylic Acid Market was valued at US$ 4,300.0 million in 2023 and grew over 5.0% CAGR over the historical years (2019 - 2023). The Polyacrylic Acid Market is projected to reach US$ 6,400 million by 2030 at a CAGR of 5.5%. The global polyacrylic acid sector is seeing strong expansion, owing to rising demand for superabsorbent polymers. These polymers, recognized for their high water-absorbing ability (up to 500 times their weight), are widely utilized in products such as infant diapers, feminine hygiene items, and adult incontinence products. Polyacrylic acid also helps to avoid hydrate development in oil and gas pipelines, which boosts market growth. Furthermore, severe environmental rules governing wastewater discharge and the rising use of polyacrylic acid in sewage treatment are projected to drive market expansion in the coming years.
Recent Developments in the Polyacrylic Acid Market
Study Period
2024– 2030Base Year
2023CAGR
5.5%Largest Market
Asia PacificFastest Growing Market
North America
Polyacrylic acid also plays a vital role in preventing hydrate development in oil and gas pipelines, which is expected to fuel the market growth. Strict environmental regulations for wastewater discharge are driving up the use of polyacrylic acid in sewage treatment applications. Furthermore, its use as an effective scale and corrosion inhibitor in industrial and municipal water treatment is growing, particularly in the United States. Companies such as Lubrizol Corporation are currently developing improved polyacrylic acid-based solutions for household cleaning. For instance, Carbopol® 674 polymer is a powder of weakly crosslinked polyacrylic acid. This polymer improves freeze-thaw and high-temperature stability while maintaining suspension at low product viscosity. It works effectively in tough formulation settings with low and high pH. It is suitable for use in all-purpose cleansers, surface cleaners, multi-purpose cleaners, drain openers, and fabric pre-treatment systems. At low concentrations, oil-in-water emulsions exhibit excellent freeze-thaw and high temperature stability. Excellent stability in oxidizing systems such as those with chlorine bleach or peroxides. Provides immediate thickening upon neutralization, resulting in high clarity gels. The sector is undergoing constant innovation, with research focusing on producing biobased raw materials for acrylic acid manufacturing.
Additionally, Companies like as Cargill, Inc. and Novozymes are expected to collaborate on biobased process technology, opening new growth potential. As global water shortage concerns grow, polyacrylic acid uses in water conservation measures, such as cooling towers, RO systems, and desalination facilities, are expected to increase long-term market demand.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The rising population and growing industrial sector in Asia-Pacific are projected to benefit the polyacrylic acid market. Major economies such as China and India are experiencing a significant increase in industrial activity throughout the area. For example, China's industrial production increased by 26.04% in 2021 compared to 2020. The increased pressure on enterprises to cut water consumption will drive up demand for industrial water treatment programs. Similarly, according to ITA, China has over 21% of the world's population but only 6% of its freshwater reserves. With over 10,000 water treatment facilities already in place around the country, China expects to further boost its sewage treatment capacity by over 20 million m3/day by several initiatives and financial contributions between 2021 and 2025. Over the Asia-Pacific area, the water treatment sector is predicted to grow strongly, and steadily as most major economies have realized the growing need for recycling water.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024– 2030 |
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Market Size in 2023 |
US$ 4,300.0 million |
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Market Size in 2030 |
US$ 6,400 million |
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Market CAGR |
5.5% |
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By Type |
|
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By Application |
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By End User |
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The Polyacrylic Acid Market was valued at US$ 4,300.0 million in 2023 and is projected to reach US$ 6,400 million by 2030, growing at a CAGR of 5.5%.
Increasing use of the product as a thickener, dispersion, antiscalant, binder, and other applications, along with rising demand for ultra-absorbent polymers, are some of the major factors that are anticipated to propel the expansion of the polyacrylic acid market over the forecast period.
The market for polyacrylic acid will continue to rise in the future due to the increased research and development efforts aimed at boosting the prevalence of bio-based raw materials.
Market research is segmented based on type, application, end-user and region.
Asia-Pacific is estimated to have highest share with the highest CAGR over the forecast period.
| 1. Executive Summary |
| 2. Global Polyacrylic Acid Market Introduction |
| 2.1.Global Polyacrylic Acid Market - Taxonomy |
| 2.2.Global Polyacrylic Acid Market - Definitions |
| 2.2.1.Type |
| 2.2.2.Application |
| 2.2.3.End Users |
| 2.2.4.Region |
| 3. Global Polyacrylic Acid Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Polyacrylic Acid Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Polyacrylic Acid Market By Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Co-Polymer |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Homo-Polymer |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Ter-Polymer |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Polyacrylic Acid Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Thickeners |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Anti-Scaling |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Clarifying Agents |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Dispersing Agents |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Polyacrylic Acid Market By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Water Treatment |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Detergents |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Cleaners |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Personal Care |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Global Polyacrylic Acid Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Polyacrylic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Co-Polymer |
| 9.1.2.Homo-Polymer |
| 9.1.3.Ter-Polymer |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Thickeners |
| 9.2.2.Anti-Scaling |
| 9.2.3.Clarifying Agents |
| 9.2.4.Dispersing Agents |
| 9.2.5.Others |
| 9.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Water Treatment |
| 9.3.2.Detergents |
| 9.3.3.Cleaners |
| 9.3.4.Personal Care |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Polyacrylic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Co-Polymer |
| 10.1.2.Homo-Polymer |
| 10.1.3.Ter-Polymer |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Thickeners |
| 10.2.2.Anti-Scaling |
| 10.2.3.Clarifying Agents |
| 10.2.4.Dispersing Agents |
| 10.2.5.Others |
| 10.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Water Treatment |
| 10.3.2.Detergents |
| 10.3.3.Cleaners |
| 10.3.4.Personal Care |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Polyacrylic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Co-Polymer |
| 11.1.2.Homo-Polymer |
| 11.1.3.Ter-Polymer |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Thickeners |
| 11.2.2.Anti-Scaling |
| 11.2.3.Clarifying Agents |
| 11.2.4.Dispersing Agents |
| 11.2.5.Others |
| 11.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Water Treatment |
| 11.3.2.Detergents |
| 11.3.3.Cleaners |
| 11.3.4.Personal Care |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Polyacrylic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Co-Polymer |
| 12.1.2.Homo-Polymer |
| 12.1.3.Ter-Polymer |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Thickeners |
| 12.2.2.Anti-Scaling |
| 12.2.3.Clarifying Agents |
| 12.2.4.Dispersing Agents |
| 12.2.5.Others |
| 12.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Water Treatment |
| 12.3.2.Detergents |
| 12.3.3.Cleaners |
| 12.3.4.Personal Care |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Polyacrylic Acid Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Co-Polymer |
| 13.1.2.Homo-Polymer |
| 13.1.3.Ter-Polymer |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Thickeners |
| 13.2.2.Anti-Scaling |
| 13.2.3.Clarifying Agents |
| 13.2.4.Dispersing Agents |
| 13.2.5.Others |
| 13.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Water Treatment |
| 13.3.2.Detergents |
| 13.3.3.Cleaners |
| 13.3.4.Personal Care |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Evonik Industries AG |
| 14.2.2.Kemira |
| 14.2.3.Maxwell Additives Pvt. Ltd |
| 14.2.4.Nippon Sokubai Co.Ltd |
| 14.2.5.Protex International |
| 14.2.6.Sumitomo Seika Chemicals |
| 14.2.7.Lubrizol Corporation |
| 14.2.8.Merck KGaA |
| 14.2.9.Acuro Organics Limited |
| 14.2.10.Arkema |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.