Growing construction and infrastructure development, fueling demand for binders and dispersants.

WILMINGTON, DE, UNITED STATES, November 18, 2025 /EINPresswire.com/ -- Polyacrylic acid is a vital raw material used across fast-growing sectors such as automotive, construction, water treatment, and personal care. Its extensive application in paints & coatings, adhesives, scale inhibitors, and absorbent products is driving strong market expansion in line with rising industrial and infrastructure activities.

According to the report, the polyacrylic acid market generated $4.0 billion in 2022 and is projected to reach $6.7 billion by 2032, growing at a CAGR of 5.4% from 2023 to 2032.

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Prime Determinants of Growth:-

The market is propelled by:

- Industrial expansion across manufacturing, automotive, and chemical sectors
- Growing construction and infrastructure development, fueling demand for binders and dispersants
- Increasing adoption of sustainable and bio-based materials

However, volatility in raw material prices continues to challenge market stability.

Segment Insights:-

Type: Bio-Based Segment to Grow Fastest

- The synthetic segment dominated the market in 2022, accounting for over 80% of total revenue.
- Demand is fueled by use in superabsorbents, especially in hygiene products such as diapers.
- The bio-based segment, driven by rising sustainability trends, is projected to record the highest CAGR of 5.9% through 2032.
- Increasing consumer preference for eco-friendly chemicals and circular economy initiatives are shaping future growth.

Application: Scale Inhibitors to Maintain Lead

- The scale inhibitor segment held nearly one-fourth of market share in 2022 and will remain dominant through 2032.
- Growth is driven by demand from oil & gas, power generation, chemical processing, and other industrial water treatment applications.
- The thickeners segment is expected to register the fastest CAGR of 6.2%, supported by booming global cosmetics and personal care markets—expected to reach $1 trillion by 2030.

End-use Industry: Cosmetics Growing Strongest

- The water treatment segment accounted for the highest share in 2022 due to rapid industrialization, urban expansion, and rising pollution levels.
- Stricter environmental regulations and adoption of advanced treatment chemicals bolster demand.
- The cosmetics segment is projected to grow at the highest CAGR of 6.8%, driven by rising disposable income, premiumization trends, and increased preference for stable and sustainable formulations.

Regional Insights: Asia-Pacific Leads the Market

- Asia-Pacific accounted for more than 50% of market share in 2022.
- Strong manufacturing bases in China, India, Japan, and South Korea, along with rapid urbanization and sustainability initiatives, support market dominance.
- Technological advancements and growing production of eco-friendly polymers further accelerate regional growth.

Key Market Players:

- Acuro Organics Limited
- Evonik Industries AG
- Sumitomo Seika Chemicals
- Dow
- Maxwell Additives Pvt. Ltd
- Nippon Shokubai Co. Ltd
- Ashland Inc.
- Lubrizol Corporation
- BASF SE
- Arkema

The report offers comprehensive insights into these companies’ product portfolios, strategic initiatives, regional presence, and competitive positioning.

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