The Latin America, Middle East and Africa Acrylic Acid Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 649.5 kilo tonnes, showcasing a growth of 6.7% (2023-2030).
The personal care industry has witnessed the incorporation of acrylic acid in skincare and hair care products. Acrylic polymers contribute to formulating gels, creams, and lotions, providing desired textures and functionalities. Acrylic polymers are valued for forming stable and aesthetically pleasing gels in skincare products. Gels are popular formulations for various skincare applications, including moisturizers, eye creams, and spot treatments. Creams are a staple in skincare routines, providing hydration, nourishment, and barrier protection. Acrylic polymers are often employed to optimize the rheological properties of creams, ensuring a smooth and luxurious application. These polymers contribute to the stability of emulsions, preventing phase separation and enhancing the overall sensory experience of the product. Some acrylic polymers possess film-forming properties, creating a protective film on the skin or hair surface. This film can help enhance the longevity of skincare and hair care products, providing a barrier against environmental factors and contributing to the effectiveness of the formulation.
Moreover, acrylic acid-based polymers are utilized in water treatment processes for their ability to flocculate and remove impurities. These polymers aid in improving the efficiency of water treatment plants and addressing environmental concerns. Acrylic acid-based polymers are known for their flocculation and coagulation properties. In water treatment, these polymers are introduced to the water to facilitate the aggregation of fine particles and colloids. The formation of larger flocs aids in the removal of suspended solids and impurities, making the water suitable for further treatment.
The construction industry is driven by ongoing urbanization and the demand for real estate developments in the UAE, including residential and commercial properties. Acrylic-based products, such as coatings, adhesives, and sealants, are integral to various construction applications. As per the Dubai Statistics Center, in 2022, there were 13,236 buildings under construction in Dubai and 1,941 completed buildings. Rapid urbanization has increased demand for housing, commercial spaces, and public amenities. Cities like Dubai and Abu Dhabi have grown substantially, requiring more infrastructure and real estate developments. Therefore, the rising construction sector in the LAMEA region is expected to drive the demand for acrylic acid.
The Brazil market dominated the LAMEA Acrylic Acid Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $367 million by 2030. The Argentina market is registering a CAGR of 7% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 6.2% during (2023 - 2030).
Based on End-user, the market is segmented into Diapers, Surface Coatings Industry, Adhesives & Sealants Industry, Plastic Additives Industry, Water Treatment Industry, Textiles Industry, Surfactants Industry, and Others. Based on Derivative Type, the market is segmented into Acrylic Esters, Acrylic Polymer, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Acrylic Acid Market is Projected to reach USD 14.8 Billion by 2030, at a CAGR of 4.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Mitsubishi Chemical Holdings Corporation, Arkema S.A., BASF SE, The Dow Chemical Company, Evonik Industries AG (RAG-Stiftung), LG Chem Ltd. (LG Corporation), Formosa Plastics Group, Sasol Limited, Nippon Shokubai Co., Ltd., and Merck KGaA.
Scope of the Study
Market Segments Covered in the Report:
By End-user (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Diapers
- Surface Coatings Industry
- Adhesives & Sealants Industry
- Plastic Additives Industry
- Water Treatment Industry
- Textiles Industry
- Surfactants Industry
- Others
By Derivative Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Acrylic Esters
- Acrylic Polymer
- Others
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Mitsubishi Chemical Holdings Corporation
- Arkema S.A.
- BASF SE
- The Dow Chemical Company
- Evonik Industries AG (RAG-Stiftung)
- LG Chem Ltd. (LG Corporation)
- Formosa Plastics Group
- Sasol Limited
- Nippon Shokubai Co., Ltd.
- Merck KGaA
TABLE 1 LAMEA Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 4 LAMEA Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 5 LAMEA Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 6 LAMEA Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 7 LAMEA Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 8 LAMEA Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 9 LAMEA Diapers Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Diapers Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Diapers Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 LAMEA Diapers Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 LAMEA Surface Coatings Industry Market by Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Surface Coatings Industry Market by Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Surface Coatings Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 LAMEA Surface Coatings Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 LAMEA Adhesives & Sealants Industry Market by Country, 2019 - 2022, USD Million
TABLE 18 LAMEA Adhesives & Sealants Industry Market by Country, 2023 - 2030, USD Million
TABLE 19 LAMEA Adhesives & Sealants Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 LAMEA Adhesives & Sealants Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 LAMEA Plastic Additives Industry Market by Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Plastic Additives Industry Market by Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Plastic Additives Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 24 LAMEA Plastic Additives Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 25 LAMEA Water Treatment Industry Market by Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Water Treatment Industry Market by Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Water Treatment Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 LAMEA Water Treatment Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 LAMEA Textiles Industry Market by Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Textiles Industry Market by Country, 2023 - 2030, USD Million
TABLE 31 LAMEA Textiles Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 LAMEA Textiles Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 LAMEA Surfactants Industry Market by Country, 2019 - 2022, USD Million
TABLE 34 LAMEA Surfactants Industry Market by Country, 2023 - 2030, USD Million
TABLE 35 LAMEA Surfactants Industry Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 LAMEA Surfactants Industry Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 38 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 39 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 LAMEA Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 42 LAMEA Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 43 LAMEA Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 44 LAMEA Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 45 LAMEA Acrylic Esters Market by Country, 2019 - 2022, USD Million
TABLE 46 LAMEA Acrylic Esters Market by Country, 2023 - 2030, USD Million
TABLE 47 LAMEA Acrylic Esters Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 LAMEA Acrylic Esters Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 LAMEA Acrylic Polymer Market by Country, 2019 - 2022, USD Million
TABLE 50 LAMEA Acrylic Polymer Market by Country, 2023 - 2030, USD Million
TABLE 51 LAMEA Acrylic Polymer Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 LAMEA Acrylic Polymer Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 54 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 55 LAMEA Others Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 56 LAMEA Others Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 57 LAMEA Acrylic Acid Market by Country, 2019 - 2022, USD Million
TABLE 58 LAMEA Acrylic Acid Market by Country, 2023 - 2030, USD Million
TABLE 59 LAMEA Acrylic Acid Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 60 LAMEA Acrylic Acid Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 61 Brazil Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 62 Brazil Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 63 Brazil Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 64 Brazil Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 65 Brazil Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 66 Brazil Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 67 Brazil Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 68 Brazil Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 69 Brazil Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 70 Brazil Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 71 Brazil Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 72 Brazil Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 73 Argentina Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 74 Argentina Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 75 Argentina Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 76 Argentina Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 77 Argentina Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 78 Argentina Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 79 Argentina Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 80 Argentina Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 81 Argentina Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 82 Argentina Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 83 Argentina Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 84 Argentina Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 85 UAE Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 86 UAE Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 87 UAE Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 88 UAE Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 89 UAE Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 90 UAE Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 91 UAE Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 92 UAE Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 93 UAE Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 94 UAE Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 95 UAE Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 96 UAE Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 97 Saudi Arabia Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 98 Saudi Arabia Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 99 Saudi Arabia Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 100 Saudi Arabia Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 101 Saudi Arabia Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 102 Saudi Arabia Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 103 Saudi Arabia Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 104 Saudi Arabia Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 105 Saudi Arabia Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 106 Saudi Arabia Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 107 Saudi Arabia Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 108 Saudi Arabia Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 109 South Africa Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 110 South Africa Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 111 South Africa Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 112 South Africa Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 113 South Africa Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 114 South Africa Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 115 South Africa Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 116 South Africa Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 117 South Africa Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 118 South Africa Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 119 South Africa Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 120 South Africa Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 121 Nigeria Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 122 Nigeria Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 123 Nigeria Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 124 Nigeria Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 125 Nigeria Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 126 Nigeria Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 127 Nigeria Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 128 Nigeria Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 129 Nigeria Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 130 Nigeria Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 131 Nigeria Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 132 Nigeria Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 133 Rest of LAMEA Acrylic Acid Market, 2019 - 2022, USD Million
TABLE 134 Rest of LAMEA Acrylic Acid Market, 2023 - 2030, USD Million
TABLE 135 Rest of LAMEA Acrylic Acid Market, 2019 - 2022, Kilo Tonnes
TABLE 136 Rest of LAMEA Acrylic Acid Market, 2023 - 2030, Kilo Tonnes
TABLE 137 Rest of LAMEA Acrylic Acid Market by End-user, 2019 - 2022, USD Million
TABLE 138 Rest of LAMEA Acrylic Acid Market by End-user, 2023 - 2030, USD Million
TABLE 139 Rest of LAMEA Acrylic Acid Market by End-user, 2019 - 2022, Kilo Tonnes
TABLE 140 Rest of LAMEA Acrylic Acid Market by End-user, 2023 - 2030, Kilo Tonnes
TABLE 141 Rest of LAMEA Acrylic Acid Market by Derivative Type, 2019 - 2022, USD Million
TABLE 142 Rest of LAMEA Acrylic Acid Market by Derivative Type, 2023 - 2030, USD Million
TABLE 143 Rest of LAMEA Acrylic Acid Market by Derivative Type, 2019 - 2022, Kilo Tonnes
TABLE 144 Rest of LAMEA Acrylic Acid Market by Derivative Type, 2023 - 2030, Kilo Tonnes
TABLE 145 Key Information – MITSUBISHI CHEMICAL HOLDINGS CORPORATION
TABLE 146 Key information – Arkema S.A.
TABLE 147 Key Information – BASF SE
TABLE 148 Key Information – The Dow Chemical Company
TABLE 149 Key Information – Evonik Industries AG
TABLE 150 key information – LG Chem Ltd.
TABLE 151 Key Information – Formosa Plastics Group
TABLE 152 Key Information – Sasol Limited
TABLE 153 Key Information – Nippon Shokubai Co., Ltd.
TABLE 154 key Information – Merck KGaA
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Acrylic Acid Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Acrylic Acid Market
FIG 4 Porter’s Five Forces Analysis – Acrylic Acid Market
FIG 5 LAMEA Acrylic Acid Market share by End-user, 2022
FIG 6 LAMEA Acrylic Acid Market share by End-user, 2030
FIG 7 LAMEA Acrylic Acid Market by End-user, 2019 - 2030, USD Million
FIG 8 LAMEA Acrylic Acid Market share by Derivative Type, 2022
FIG 9 LAMEA Acrylic Acid Market share by Derivative Type, 2030
FIG 10 LAMEA Acrylic Acid Market by Derivative Type, 2019 - 2030, USD Million
FIG 11 LAMEA Acrylic Acid Market share by Country, 2022
FIG 12 LAMEA Acrylic Acid Market share by Country, 2030
FIG 13 LAMEA Acrylic Acid Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Mitsubishi Chemical Holdings Corporation
FIG 15 SWOT Analysis: Arkema S.A.
FIG 16 SWOT Analysis: BASF SE
FIG 17 SWOT Analysis: The Dow Chemical Company
FIG 18 SWOT Analysis: Evonik Industries AG
FIG 19 Swot Analysis: LG Chem Ltd.
FIG 20 SWOT Analysis: Formosa Plastics Group
FIG 21 Recent strategies and developments: Nippon Shokubai Co., Ltd.
FIG 22 SWOT Analysis: Nippon Shokubai Co., Ltd.
FIG 23 Swot Analysis: Merck KGaA