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PUBLISHER: Prismane Consulting | PRODUCT CODE: 1864029

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PUBLISHER: Prismane Consulting | PRODUCT CODE: 1864029

Glacial Acrylic Acid (GAA) Production Capacity, Demand, Average Price and Industry Outlook Report Till 2034

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Glacial Acrylic Acid (GAA)-

The global glacial acrylic acid (GAA) market plays a critical role in the chemical industry due to its wide application as a key raw material in the production of superabsorbent polymers (SAPs), coatings, adhesives, and various performance-enhancing chemicals. Glacial acrylic acid is a purified, water-free form of acrylic acid, known for its reactivity and ability to form polymers and copolymers used across multiple industries. The market has been witnessing steady growth, driven by rising demand from the hygiene products sector, construction industry, and water treatment applications. Increasing awareness regarding personal hygiene, expanding population bases in emerging economies, and growing industrialization have further stimulated consumption. Moreover, the transition toward sustainable and high-performance materials has led to ongoing research into bio-based acrylic acid, enhancing the future growth prospects of the market.

Demand by Segments

The demand for glacial acrylic acid is majorly categorized into two broad application areas: cross-linked polymers and homo-, co-, and ter-polymers, each serving diverse end-use industries.

Within cross-linked polymers, the largest share is consumed by superabsorbent polymer (SAP) applications such as diapers, adult incontinence products, and feminine hygiene products. SAPs derived from glacial acrylic acid possess high absorbency and gel strength, making them ideal for use in hygiene products. The increasing global population, coupled with growing awareness regarding personal hygiene and improved living standards, particularly in developing regions, has fueled demand in this category. The aging population in developed nations further contributes to the expansion of adult incontinence product markets, which indirectly boosts the demand for GAA-based polymers.

In the homo-, co-, and ter-polymer segment, glacial acrylic acid serves as a fundamental building block for the production of waterborne coatings, detergents, adhesives, dispersants, and specialty esters. In coatings and adhesives, its properties enhance adhesion, durability, and resistance to environmental degradation. The detergents sector uses GAA-derived polymers as dispersing agents to improve washing efficiency and prevent soil redeposition. Specialty esters derived from GAA are also employed in high-performance resins and coatings, catering to the automotive and construction industries. Additionally, in water treatment applications, GAA-based polymers help in preventing scaling and corrosion, thus improving process efficiency in industrial water systems. Together, these applications highlight the chemical's broad industrial utility and its essential role in both consumer and industrial products.

Regional Demand Analysis

The Asia-Pacific region dominates the global glacial acrylic acid market, both in terms of production and consumption. Countries like China, Japan, South Korea, and India are major contributors, driven by strong demand from hygiene products, adhesives, and coatings industries. China is home to several large-scale manufacturers and continues to invest heavily in capacity expansion to meet domestic and export needs. The rapid growth of the population, rising disposable incomes, and increasing awareness of hygiene products such as baby diapers and feminine care items have made the region a focal point for SAP and acrylic acid manufacturers. India's growing manufacturing sector and expanding consumer base are also boosting demand in end-use applications like paints, coatings, and detergents.

North America represents another significant market, supported by a mature hygiene industry, strong demand from the coatings and adhesives sectors, and the presence of major producers. The U.S. leads the regional market with a focus on sustainability, where companies are investing in bio-based glacial acrylic acid to reduce environmental impact. The demand for SAPs in personal care and healthcare products remains steady, while the construction and automotive sectors drive additional consumption through coatings and adhesives.

Europe also holds a notable share of the market, with countries like Germany, France, and the UK focusing on high-performance and environmentally compliant products. Strict environmental regulations regarding VOC emissions and chemical safety have encouraged innovation in water-based coatings and eco-friendly polymer formulations, which use glacial acrylic acid as a critical input.

Emerging regions such as Latin America and the Middle East & Africa are gradually expanding their market presence due to increasing industrialization, rising urbanization, and growing demand for consumer goods. Brazil and Mexico are major contributors within Latin America, particularly in packaging and hygiene applications. In the Middle East, investments in construction and infrastructure are expected to stimulate demand for coatings and adhesives, supporting the regional growth of glacial acrylic acid consumption.

Key Manufacturers

The global glacial acrylic acid market is highly consolidated, with key players focusing on technological innovation, capacity expansion, and integration across the value chain. Major manufacturers include BASF SE, Nippon Shokubai, LG Chemicals, Arkema SA, Formosa Plastics, Mitsubishi Chemicals, Sasol, Evonik Industries, Tasnee, Sinopec, and Dow Chemicals, along with several other regional producers.

BASF SE is one of the world's largest producers, with advanced production facilities and a diversified product portfolio spanning from basic chemicals to high-value polymers. Nippon Shokubai is a leading supplier of superabsorbent polymers and acrylic acid derivatives, with strong integration across its value chain to ensure cost competitiveness and product quality. LG Chemicals and Arkema SA are focusing on expanding their global footprint and developing sustainable, bio-based acrylic acid solutions to meet growing environmental concerns. Formosa Plastics and Sinopec have significant manufacturing bases in Asia, contributing to the region's leading position in global supply. Mitsubishi Chemicals and Evonik Industries have been focusing on research-driven innovations to improve process efficiency and product performance. Tasnee and Sasol serve the Middle Eastern and African markets, respectively, emphasizing downstream diversification. Strategic collaborations, mergers, and capacity expansions among these players are shaping the competitive dynamics of the market.

Market Driver

The key driving forces behind the global glacial acrylic acid market include the growing demand for superabsorbent polymers and the rising consumption of hygiene products such as diapers, sanitary pads, and incontinence items. The expansion of the personal care and healthcare sectors, particularly in developing economies, continues to be a major growth catalyst. Additionally, increasing urbanization, higher disposable incomes, and greater awareness of hygiene and health are contributing to sustained demand.

The rising use of GAA in coatings, adhesives, and sealants is another strong driver, especially with the construction and automotive industries expanding worldwide. Its role in water-based coatings aligns with the global shift toward eco-friendly, low-VOC formulations. Moreover, demand from the water treatment industry is growing, where glacial acrylic acid-based polymers are used to enhance water quality and process efficiency. The ongoing research and commercialization of bio-based acrylic acid derived from renewable resources present new growth opportunities, helping manufacturers align with sustainability goals and environmental regulations.

Market Restraint

Despite promising growth prospects, the glacial acrylic acid market faces several challenges. One of the primary restraints is volatility in raw material prices, as propylene derived from petroleum is the main feedstock used in acrylic acid production. Fluctuations in crude oil prices directly affect production costs, impacting profitability and pricing stability. Environmental and safety concerns also pose significant challenges, as acrylic acid is a hazardous and volatile compound requiring strict handling and storage measures. Compliance with regulatory standards such as REACH in Europe and EPA guidelines in the U.S. adds to operational costs.

Competition from substitute materials, such as alternative superabsorbent polymers or bio-based adhesives, may limit growth in certain segments. The high capital investment required for plant setup and the complexity of production processes further constrain entry for smaller players. Moreover, the ongoing push for sustainability is pressuring producers to invest in bio-based production technologies, which remain in early stages and often come with higher manufacturing costs. Global supply chain disruptions, especially for feedstocks and logistics, can also create temporary imbalances in demand and supply. Despite these challenges, technological innovation, process optimization, and strategic collaboration are expected to help manufacturers overcome these restraints and sustain long-term growth in the global glacial acrylic acid market.

Table of Contents

1. Introduction

  • Scope
  • Market Coverage
    • Applications
    • Regions
    • Countries
  • Years Considered
    • Historical - 2018 - 2023
    • Base - 2024
    • Forecast Period - 2025 - 2034
  • Research Methodology
    • Approach
    • Research Methodology
    • Prismane Consulting Market Models
    • Assumptions & Limitations
    • Abbreviations & Definitions
    • Conversion Factors
    • Data Sources

2. Market Synopsis

  • Market Evolution
  • Demand-Supply Overview
  • Industry Structure
  • Strategic Issues
  • End-use Trends
  • Growth Forecast

3. Economic & Energy Outlook

  • GDP and Demographics
  • Monetary & Fiscal Policies
  • Crude Oil Production and prices
  • Natural Gas
  • Electricity Prices

4. End-use Sector Performance

  • Chemical Industry
  • Industrial
  • Paint & Coatings
  • Cosmetics & Personal Care
  • Others

5. Plants & Projects Analysis

  • Glacial Acrylic Acid Production Capacity, by Company
  • Glacial Acrylic Acid Production Capacity, by Country and by region

6. Introduction to Glacial Acrylic Acid and Market Overview

  • Product Description
  • Grades & Properties
  • Raw Material
  • Manufacturing Process
  • Environmental Issues
  • Value Chain
  • Applications

7. Market Dynamics and Industry Trends

  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
    • Challenges

8. Global Glacial Acrylic Acid Demand-Supply Analysis, By Derivatives (Volume, Value) (2018-2034)

  • Strategic Issues
  • Demand-Supply Analysis and Forecast (2018 - 2034)
    • Capacity
    • Capacity Utilization (%)
    • Production
    • Net Exports
    • Demand
    • Demand Growth Rate (%)
    • Driving Force Analysis
  • Global Glacial Acrylic Acid Market, By Applications
    • Cross-linked Polymers
    • Diapers
    • Adult Incontinence
    • Feminine Hygiene Products
    • Homo-, co- and ter-polymers
    • Detergents
    • Coatings
    • Specialty esters
    • Adhesives
    • Water treatment
    • Dispersant
    • Others

9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018- 2034)

  • Strategic Issues
  • Capacity
  • Capacity Utilization (%)
  • Production
  • Net Exports
  • Demand
  • Demand Growth Rate (%)
  • Glacial Acrylic Acid Market, By Applications

Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand-supply (consumption) split by application has been provided for each of the countries/regions in Volume (Kilotons) and Value (USD Million).

  • North America
    • USA
    • Canada
    • Mexico
  • Western Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Spain
    • Rest of Western Europe
  • Central & Eastern Europe
    • Russia
    • Poland
    • Rest of Central & Eastern Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Central & South America
  • Middle East & Africa

Note: CAGR will be calculated for all the derivatives to arrive at the regional/global demand growth for the forecast period (2025 - 2034)

10. Pricing Analysis

  • Average Glacial Acrylic Acid Prices, USD/Kg
  • Average Glacial Acrylic Acid Prices, by Country
  • Average Glacial Acrylic Acid Prices, by Region
  • Price Forecast

11. Key Strategic Issues

12. Business Opportunity Assessment

  • Market Attractiveness Assessment
  • Prospective & Target Market Study

13. Strategic Recommendation & Suggestions

14. Company Analysis and Market Share Analysis

  • Glacial Acrylic Acid Manufacturers Profiles/ Company Analysis
    • Basic Details
    • Headquarters, Key Markets
    • Ownership
    • Company Financial
    • Manufacturing Bases
    • Global Turnover
    • Total Employee
    • Product Portfolio / Services / Solutions
    • Recent Developments
    • Companies Covered
    • BASF SE
    • Nippon Shokubai Co.Ltd.
    • Evonik Industries
    • LG Chem Ltd.
    • Arkema SA
    • Dow Chemicals
    • PJSC Sibur Holding
    • Sasol Ltd
    • Mitsubishi Chemicals Holding Corporation
    • Hexion Incorporated
    • Bharat Petroleum Corp Ltd (BPCL)
    • Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases, and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15. Appendices

  • Demand-Supply - Regions
  • Demand-Supply- Countries
  • Capacities, 2018-2034
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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