Polyacrylic Acid Market Size

Statistics for the 2023 & 2024 Polyacrylic Acid market size, created by Mordor Intelligence™ Industry Reports. Polyacrylic Acid size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Polyacrylic Acid Industry

Polyacrylic Market - Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR > 5.00 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration High

Major Players

Polyacrylic Market - Market Major Players

*Disclaimer: Major Players sorted in no particular order


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Polyacrylic Acid Market Analysis

The polyacrylic acid market is expected to register a CAGR of over 5% during the forecast period.

The economic slowdown caused by COVID-19 adversely affected the growth of the polyacrylic acid market. With the slowdown of the manufacturing sector, a considerable dip in demand for polyacrylic acid across personal care, water treatment, and agro-industries was observed. However, with the situation slowly improving and with the industrial manufacturing sector steadily recovering, demand for polyacrylic acid is expected to rise during the forecast period.

  • Increasing demand from the personal care and water treatment industries and the widening usage of super-absorbent polymers are expected to drive the demand for polyacrylic acid during the forecast period.
  • However, strict regulations associated with the discharge of chemically treated effluents and the easy availability of potential substitutes could hamper the demand for polyacrylic acid.
  • On the flip side, research on nanocomposites of polyacrylic acid could provide future opportunities for market growth.
  • With a rising population and growing industrial sector, the Asia-Pacific region is expected to dominate the global market for polyacrylic acid.

Polyacrylic Acid Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)