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The global polyacrylic acid market witnessed a healthy growth in the historical period of 2018-2023 aided by the rising use of superabsorbent polymers. The market is expected to grow at a CAGR of 5.7% during the forecast period of 2024-2032 to reach a value of USD 7.60 billion by 2032.
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Huge investments by leading manufacturers and subsequent lower costs, especially in the Asia Pacific region, are expected to drive the global polyacrylic acid industry forward. Moreover, the growing population in the Asia Pacific is anticipated to boost the demand for potable water, providing opportunities to the entry of polyacrylic acid in the market. Among countries in the Asia Pacific, China and India are leading the front in the consumption of polyacrylic acid, closely followed by Europe and North America. The polyacrylic acid industry is being influenced by strict environment-related regulations, especially in developing countries. Polyacrylic acid is being rapidly used in wastewater treatment and sewage plants, providing further impetus to the market growth. The widespread use of polyacrylic acid in various end-use industries is one of the major contributors to the market growth.
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Polyacrylic acid or PAA is a high-molecular weight polymer of acrylic acid. It is formed when the acrylic ester of acrylonitrile undergoes polymerisation, followed by hydrolysis. PAA is commercially traded as 'Carbomer' and has properties similar to water-soluble natural gums.
Based on form, the market is bifurcated into:
By type, the market can be divided into:
Based on application, the market can be divided into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The polyacrylic acid industry is being driven by the rising usage of superabsorbent polymers. The excellent water-absorbing properties of these polymers, up to 500 times their own weight, are driving the market forward. The increasing consumption of polyacrylic acid-based superabsorbent polymers in baby diapers, feminine products, and adult incontinence products is providing impetus to the global polyacrylic acid industry. Polyacrylic acid plays a vital role in the reduction of hydrate formation, preventing hydrate formation in oil and gas pipelines. This, in turn, has propelled the market growth of polyacrylic acid. The market is expected to witness further growth in the coming years, being influenced by the strict environment-related regulations regarding effluent discharge and an increase in the number of polyacrylic acid applications, especially in treating sewage water.
The report gives a detailed analysis of the following key players in the global polyacrylic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Form |
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global polyacrylic acid market is projected to grow at a CAGR of 5.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 7.60 billion by 2032.
The major drivers of the industry, such as the rising usage of superabsorbent polymers and wide applications in end use industries, are expected to aid the market growth.
The key market trend guiding the growth of the market are the increase in investments and stringent environmental policies.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading product forms in the industry are liquid and powder.
The major product types in the market are co-polymer, homo-polymer, and ter-polymer.
The major application sectors in the industry are water and wastewater treatment, detergents and cleaners, paints, coatings and inks, and superabsorbent polymers, among others.
The major players in the industry are Ashland Global Holdings Inc., Nippon Shokubai Co., Ltd., Dow Chemical Company, Kao Chemical Corporation, The Lubrizol Corporation, Maxwell Additives Pvt. Ltd., and Polysciences, Inc., among others.
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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