- Co-Polymer
- Homo-Polymer
- Ter-Polymer
The Polyacrylic Acid Market was valued at USD 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 USD 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
- On October 26, 2023 – Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced that it has signed an agreement with Air Liquide Engineering & Construction to license and market ester grade acrylic acid technology, as well as light and heavy acrylate process technology. The expansion broadens Lummus' portfolio of propylene production and derivative products, giving clients more alternatives for upstream and downstream operations. Adding acrylic acid and acrylates technology to group portfolio enables Lummus to provide end-to-end solutions for customers, from propane, gas, or biomass to high-value polymers and chemicals for consumer and industrial products.
- On May 26, 2023 – Nippon Shokubai, a Japanese petrochemical firm, has begun commercial operations at an acrylic acid production facility in Banten, Indonesia, in response to rising demand for acrylic acid and super-absorbent polymers.
Polyacrylic Acid Market Summary
Study Period
2024– 2030
Base Year
2023
CAGR
5.5%
Largest Market
Asia Pacific
Fastest Growing Market
North America
Polyacrylic Acid Market Dynamics
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.
Asia-Pacific Got Significant Share
Polyacrylic Acid Market Regional Analysis
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
Polyacrylic Acid Market Segmentation
By Type
By Application
- Thickeners
- Anti-Scaling
- Clarifying Agents
- Dispersing Agents
- Others
By End User
- Water Treatment
- Detergents
- Cleaners
- Personal Care
- Others
Frequently Asked Questions
The Polyacrylic Acid Market was valued at USD 4,300.0 million in 2023 and is projected to reach USD 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.
Key Features of the Reports
- The report provides granular level information about the Market size, regional Market share, historic Market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key Market developments, and key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the Market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the Market.
- The report provides a plethora of information about Market entry strategies, regulatory framework, and reimbursement scenarios.
| 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 |
- Evonik Industries AG
- Kemira
- Maxwell Additives Pvt. Ltd
- Nippon Sokubai Co.Ltd
- Protex International
- Sumitomo Seika Chemicals
- Lubrizol Corporation
- Merck KGaA
- Acuro Organics Limited
- Arkema