Glacial Acrylic Acid (GAA) Market size was valued at USD 1.5 Billion in 2024 and is projected to reach USD 2.8 Billion by 2033, exhibiting a CAGR of 7.5% from 2026 to 2033.
The global Glacial Acrylic Acid (GAA) market was valued at approximately USD 8.5 billion in 2022 and is projected to reach USD 13.2 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. The demand for GAA is being driven by its applications in industries such as superabsorbent polymers, coatings, and water treatment. The market is expanding due to the increasing adoption of these applications in emerging economies, particularly in Asia Pacific and Latin America, which contribute significantly to the overall growth. Furthermore, the rising consumer demand for hygiene products and the expansion of the construction industry are expected to continue supporting the markets development through the forecast period.
Regionally, Asia Pacific dominates the Glacial Acrylic Acid (GAA) market, accounting for over 45% of the global market share in 2022. This dominance is attributed to the rapid industrialization and growth in sectors like personal care, textiles, and packaging in countries such as China, India, and Japan. North America and Europe are expected to witness steady growth in the market, with North America holding around 25% of the share in 2022. The Middle East and Africa, along with Latin America, are emerging as potential regions for market expansion, with an increasing number of applications in water treatment and agriculture. Opportunities in these regions are driven by economic development and technological advancements, offering significant growth prospects for the GAA market in the coming years.
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BASF
DOW
Nippon Shokubai
Arkema
LG Chem
Mitsubishi Chemical
Idemitsu Kosan
Hexion
Sasol
Formosa Plastics
Taixing Jurong Chemical
Zhejiang Satellite Petro Chemical
Shanghai Huayi Acrylic Acid
Sanmu Group
Shandong kaitai petrochemical
CNOOC
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Glacial Acrylic Acid (GAA) Market
Conventional Acrylic Acid
Modified Acrylic Acid
Specialty Acrylic Acid
Superabsorbent Polymers (SAP)
Paints and Coatings
Adhesives and Sealants
Textiles
Water Treatment
Construction
Automotive
Healthcare
Consumer Goods
Agriculture
Aqueous Formulations
Solvent-based Formulations
Powder-based Formulations
Direct Sales
Distributors and Wholesalers
Online Retailers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Glacial Acrylic Acid (GAA) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Glacial Acrylic Acid (GAA) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glacial Acrylic Acid (GAA) Market, By Type
6. Global Glacial Acrylic Acid (GAA) Market, By Application
7. Global Glacial Acrylic Acid (GAA) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Glacial Acrylic Acid (GAA) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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