Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 14.26 Billion | USD 21.84 Billion | 4.4% | 2024 |
FrequentlyAsked Questions
The global acrylic acid market is expected to grow due to increasing demand in adhesives, paints, coatings, and superabsorbent polymers used in hygiene products.
According to a study, the global acrylic acid market size was worth around USD 14.26 Billion in 2024 and is expected to reach USD 21.84 Billion by 2034.
The global acrylic acid market is expected to grow at a CAGR of 4.4% during the forecast period.
Asia-Pacific is expected to dominate the acrylic acid market over the forecast period.
Leading players in the global acrylic acid market include Mitsubishi Chemical Holdings Corporation, Arkema S.A., BASF SE, The Dow Chemical Co., The Lubrizol Corporation, Evonik, Industries Ag, LG Chem Ltd., Myriant Corporation, Formosa Plastic Group, Sibur, among others.
The report explores crucial aspects of the acrylic acid market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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