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Report Overview
The global polyacrylic acid market witnessed a healthy growth in the historical period of 2018-2024 aided by the rising use of superabsorbent polymers. The market reached a value of almost USD 4.88 Billion in 2024. The market is further expected to grow at a CAGR of 6.52% in the forecast period of 2025-2034, to reach USD 9.18 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
Compound Annual Growth Rate
Value in USD Billion
6.52%
2025-2034
Polyacrylic Acid Market Outlook
*this image is indicative*
The Asia Pacific Region to Aid the Global Market for Polyacrylic Acid
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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USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Polyacrylic Acid: Market Segmentation
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:
- Liquid
- Powder
By type, the market can be divided into:
- Co-Polymer
- Homo-Polymer
- Ter-Polymer
Based on application, the market can be divided into:
- Water and Wastewater Treatment
- Detergents and Cleaners
- Paints, Coatings, and Inks
- Superabsorbent Polymers
- Others
Market breakup by region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Rising Demand for Polyacrylic Acid Driving the Market Growth
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.
Key Industry Players in the Global Polyacrylic Acid Market
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:
- Ashland Global Holdings Inc.
- Nippon Shokubai Co., Ltd.
- Dow Chemical Company
- Kao Chemical Corporation
- The Lubrizol Corporation
- Maxwell Additives Pvt. Ltd.
- Polysciences, Inc.
- Others
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.
*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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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 6.52% between 2025 and 2034.
In 2024, the ployacrylic acid market reached an approximate value of USD 4.88 Billion.
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.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 9.18 Billion by 2034.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
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| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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