The Global Polyacrylates Market was valued at USD 1.47 Billion in 2023 and is projected to reach USD 1.97 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2023-2030). This growth is fueled by increasing demand from adhesive, coatings, and superabsorbent polymer applications across multiple industries including packaging, textiles, and healthcare.
As sustainability becomes a key focus in polymer chemistry, leading manufacturers are investing heavily in bio-based alternatives and innovative formulations. This blog profiles the Top 10 Companies in the Polyacrylates Industry—chemical giants and specialty manufacturers shaping the future of acrylic polymers.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Acronal®, Joncryl®, and Ecovio® polyacrylates
BASF dominates the polyacrylates market with its comprehensive portfolio of acrylic dispersions and specialty polymers. The company’s products serve coatings, adhesives, and construction applications globally, with particular strength in eco-friendly formulations.
Sustainability Initiatives:
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Developing bio-based acrylic monomers
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Closed-loop recycling programs for polymer production
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Targeting carbon-neutral production by 2050
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9️⃣ 2. Arkema Group
Key Offering: ENCOR®, CELOCOR®, and SNAP acrylic polymers
Arkema is a global leader in specialty polyacrylates with strong positions in coatings, adhesives, and superabsorbent applications. The company operates 13 production sites across Europe, North America, and Asia.
Innovation Focus:
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High-performance water-based acrylics
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Bio-sourced acrylic resin development
8️⃣ 3. Dow Inc.
Headquarters: Midland, Michigan, USA
Key Offering: Primal™, Acrysol™, and Ecosurf™ acrylic polymers
Dow’s advanced acrylic polymers division serves construction, packaging, and consumer goods markets. The company recently expanded its bio-acrylic production capacity to meet growing demand for sustainable alternatives.
Sustainability Initiatives:
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Launched 100% bio-based acrylic binders
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Partnerships with recyclers for polyacrylate recovery极
7️⃣ 4. LG Chem
Headquarters:<极/strong> Seoul, South Korea
Key Offering:极 Acrylic emulsions and SAP (Super Absorbent Polymers)
LG Chem is Asia’s largest polyacrylate producer with significant investments in superabsorbent polymers for hygiene products. The company operates world-scale facilities in Korea, China, and Europe.
Market Position:
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Top 3 global SAP manufacturer
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Expanding acrylic dispersion capacity by 30%
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6️⃣ 5. Evonik Industries AG
Headquarters: Essen, Germany
Key Offering: PLEXIGLAS®, VESTANAT®, and TEGO® acrylics
Evonik specializes in high-performance acrylic resins and specialty polymers with applications ranging from automotive coatings to medical devices. The company leads in methyl methacrylate (MMA) production capacity.
Technology Leadership:
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Pioneer in sustainable MMA production
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Advanced acrylic formulations for 3D printing
5️⃣ 6. Mitsubishi Chemical Group
Headquarters: Tokyo, Japan
Key Offering: Acrypet®, Shinkolite®, and Delpet® acrylic polymers
Mitsubishi Chemical boasts vertically integrated acrylic production from monomers to specialty polymers. The company holds significant market share in optical and specialty acrylic applications.
Market Focus:
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High-purity polymers for electronics
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Automotive-grade acrylic sheets
4️⃣ 7. Nippon Shokubai Co., Ltd.
Headquarters: Osaka, Japan
Key Offering: AQUALIC™ SAP and acrylic emulsions
As the inventor of superabsorbent polymers, Nippon Shokubai remains a technology leader in polyacrylate chemistry. The company operates production facilities across Asia, Europe, and North America.
Innovation Highlights:
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World’s first commercial bio-SAP production
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Breakthroughs in thinner, higher-performance SAP
3️⃣ 8. Sumitomo Chemical Company
Headquarters: Tokyo, Japan
Key Offering: Sumipex® acrylic sheets and resins
Sumitomo Chemical’s acrylic business serves diverse markets including automotive, construction, and consumer electronics. The company has been expanding its European production footprint significantly.
Recent Developments:
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New acrylic sheet plant in Hungary
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Enhanced recyclable acrylic formulations
2️⃣ 9. Formosa Plastics Corporation
Headquarters: Taipei, Taiwan
Key Offering: Acrylic resins and SAP products
Formosa Plastics operates one of Asia’s largest integrated acrylic production complexes. The company supplies polyacrylate raw materials to manufacturers globally while expanding into specialty applications.
Capacity Expansion:
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Recent 200,000 ton/year MMA plant expansion
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Growing SAP production for Asian markets
1️⃣ 10. Sasol Chemicals
Headquarters: Johannesburg, South Africa
Key Offering: High-purity acrylic acid and esters
Sasol is Africa’s leading producer of acrylic monomers and derivatives. The company has been diversifying its product portfolio into higher-value polyacrylate applications beyond its traditional mining chemical focus.
Strategic Initiatives:
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Developing green acrylic acid pathways
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Partnerships for sustainable SAP production
Get Full Report Here: Polyacrylates Market – View in Detailed Research Report
🌍 Outlook: The Polyacrylates Market Trends Toward Sustainability and Specialty Applications
The polyacrylates industry is undergoing significant transformation driven by environmental regulations and demand for high-performance materials. While traditional applications continue to dominate, growth is increasingly coming from sustainable innovations and specialized formulations.
📈 Key Market Trends:
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Rising bio-based polyacrylate development efforts
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Growing demand for superabsorbent polymers in hygiene products
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Advancements in smart acrylic coatings and adhesives
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Asia-Pacific emerging as the fastest-growing regional market
Get Full Report Here: Polyacrylates Market – View in Detailed Research Report
The companies profiled above are not only shaping today’s polyacrylates market—they’re developing the sustainable polymer solutions of tomorrow.
