Glacial acrylic acid market seen reaching $3.5B by 2031

The global glacial acrylic acid market is projected to grow from $2.4 billion in 2021 to $3.5 billion by 2031, according to Allied Market Research. Asia-Pacific and adhesives, coatings and sealants lead the market now, while nappies is forecast to grow fastest.

Why it matters: - Glacial acrylic acid is a core building block for acrylic polymers used across adhesives, coatings, sealants and hygiene products. - The market’s projected rise to $3.5 billion by 2031 points to steady demand across industrial and consumer end markets.

What happened: - Allied Market Research said the global glacial acrylic acid market generated $2.4 billion in 2021. - The market is projected to reach $3.5 billion by 2031. - The forecast calls for a 3.7% compound annual growth rate from 2022 to 2031. - The report was published July 2, 2026. - The report covers market size, estimates, value chain, investment pockets, drivers, opportunities, competitive landscape and regional trends. - Download the sample PDF - Ask an expert - View purchase options - Access the full summary report

The details: - Glacial acrylic acid is a clear, colorless liquid with a characteristic acrid odor. - The material is miscible with water, alcohols and ethers. - The report profiles Arkema, BASF SE, BASF PETRONAS Chemicals Sdn. Bhd., Dow Inc., Formosa Plastics Corporation, U.S.A., Hexion Inc., LG Chem, Mitsubishi Chemical Holdings Corporation, Nippon Shokubai Co. Ltd., Novomer Inc., Sanmu Group and Shandong Kaitai Petrochemical Co., Ltd. - Other market players include Cargill, Incorporated, Novozymes and Sasol. - The report says these companies have used joint ventures, collaborations, expansion, new product launches and partnerships to strengthen their market positions. - The report segments the market by application and region. - The adhesives, coatings and sealants segment held nearly one-third of the global market in 2021. - The adhesives, coatings and sealants segment is expected to keep its lead through the forecast period. - The nappies segment is expected to post the fastest CAGR at 5.1%. - Other application segments include adult and feminine hygiene, detergents, water treatment and others. - Asia-Pacific held more than half of the global market in 2021. - Asia-Pacific is also expected to post the fastest CAGR at 4.2%. - Other regions covered include North America, Europe and LAMEA.

Between the lines: - The growth forecast suggests glacial acrylic acid demand is tied to both industrial uses and everyday consumer products. - Asia-Pacific’s lead points to the region’s manufacturing scale and broad downstream demand base. - The fastest growth in nappies and hygiene-related uses signals continued pull from personal care applications rather than only traditional industrial demand.

What's next: - The report expects current leaders to hold their positions as the market expands through 2031. - Investors and new entrants are likely to focus on the highest-growth segments and regions identified in the report. - The market’s next phase will likely be shaped by capacity moves, partnerships and product development among major producers.

The bottom line: - Glacial acrylic acid is on track for moderate, steady growth, with Asia-Pacific and hygiene-related applications driving the clearest momentum.