Polyacrylic Acid Market: By Type, By Application, By End-User and By Geography 2019-2030

Polyacrylic Acid Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Co-Polymer, Homo-Polymer, Ter-Polymer), By Application (Thickeners, Anti-Scaling, Clarifying Agents, Dispersing Agents, Others), By End-User (Water Treatment, Detergents, Cleaners, Personal Care, Others) and By Region 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

  • 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.

Polyacrylic Acid Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024– 2030

Market Size in 2023

US$ 4,300.0 million

Market Size in 2030

US$ 6,400 million

Market CAGR

5.5%

By Type

  • Co-Polymer
  • Homo-Polymer
  • Ter-Polymer

By Application

  • Thickeners
  • Anti-Scaling
  • Clarifying Agents
  • Dispersing Agents
  • Others

By End User

  • Water Treatment
  • Detergents
  • Cleaners
  • Personal Care
  • Others

Key Features of the Report

  • 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.

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Frequently Asked Questions

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.

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Author

Prem Kumar

Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....

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

  • 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

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