세계의 폴리아크릴산(PAA) 시장 예측(-2032년) : 제품별, 분자량별, 형태별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Polyacrylic Acid (PAA) Market is accounted for $611.16 million in 2025 and is expected to reach $1020.58 million by 2032 growing at a CAGR of 7.6% during the forecast period. Polyacrylic acid (PAA) is a synthetic, water-soluble polymer made by the polymerization of acrylic acid monomers. It is a versatile material characterized by its high molecular weight and carboxylic acid functional groups, which provide excellent dispersing, thickening, and binding properties. PAA is widely used in applications such as water treatment, detergents, adhesives, coatings, personal care products, and pharmaceuticals due to its ability to control viscosity, stabilize suspensions, and bind ions. Its biodegradability and non-toxic nature make it environmentally friendly, further enhancing its industrial value. Additionally, modified forms of PAA are utilized in superabsorbent polymers for hygiene and agricultural products.

Market Dynamics:

Driver:

Strong demand in water treatment

PAA is widely used as a dispersant and scale inhibitor, helping improve efficiency in industrial and municipal water treatment systems. Increasing concerns over water scarcity and the need for clean, safe water boost the adoption of advanced treatment solutions. Rising urbanization and industrialization further increase wastewater generation, creating steady demand for PAA-based products. This consistent need for effective water treatment chemicals propels the overall growth of the PAA market.

Restraint:

Environmental & regulatory constraints

Strict environmental policies regarding chemical waste disposal and water treatment restrict production and application processes. Regulations related to biodegradability and toxicity concerns create challenges for manufacturers in gaining approvals. Compliance with evolving global standards increases operational costs for companies. These restrictions also slow down innovation and commercialization of new PAA-based products. As a result, the market growth potential is restrained by regulatory hurdles and sustainability pressures.

Opportunity:

Momentum in sustainability & R&D

Companies are investing in innovative research to reduce environmental impact while enhancing product efficiency in applications like water treatment, detergents, and superabsorbent polymers. Advancements in green chemistry and bio-based raw materials are creating sustainable alternatives to traditional petrochemical-derived PAA. This aligns with global regulations and consumer demand for sustainable solutions, boosting market adoption. As a result, continuous R&D and sustainability initiatives are positioning PAA as a key material in diverse industrial applications.

Threat:

Volatility of raw material prices

Acrylic acid, the primary feedstock for PAA, is derived from crude oil, making its production costs highly sensitive to oil price fluctuations. Rising and unstable input expenses squeeze manufacturers' profit margins, limiting their ability to offer competitive prices. Such uncertainty also hampers long-term investments and restricts capacity expansion in the sector. End-users encounter irregular supply and higher costs, prompting a shift toward substitute materials. Consequently, volatility in raw material prices undermines market stability and acts as a barrier to the growth of the PAA industry.

Covid-19 Impact

The Covid-19 pandemic significantly impacted the polyacrylic acid market by disrupting global supply chains and raw material availability, leading to production slowdowns and delivery delays. Demand fluctuated across industries, with sectors like personal care, healthcare, and hygiene products witnessing increased usage due to heightened awareness of cleanliness, while applications in construction, textiles, and industrial processes faced setbacks from halted projects and reduced operations. Additionally, trade restrictions and labour shortages further strained market growth. However, gradual recovery and renewed industrial activities are supporting the market's rebound.

The homopolymer PAA segment is expected to be the largest during the forecast period

The homopolymer PAA segment is expected to account for the largest market share during the forecast period, due to its high water absorption and retention capabilities, making it ideal for applications like diapers and hygiene products. Its cost-effectiveness compared to copolymers attracts manufacturers seeking efficient solutions. The segment's strong performance in agriculture, particularly as a soil conditioner, further boosts demand. Easy availability and well-established production processes ensure consistent supply, supporting market growth. Additionally, rising awareness of hygiene and sustainable water management practices propels the adoption of homopolymer PAA globally.

The liquid segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the liquid segment is predicted to witness the highest growth rate, due to its ease of application and uniform distribution in various industries. Its superior water absorption and retention capabilities make it highly preferred in agriculture and personal care products. Liquid PAA allows precise dosing, reducing waste and enhancing product efficiency. Industries such as detergents and textiles favor this form for its solubility and consistent performance. Overall, the liquid segment boosts market adoption by offering versatility and operational convenience across applications.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share due to rising demand across water treatment, agriculture, and personal care industries. Rapid industrialization, expanding manufacturing sectors, and urbanization are boosting consumption. Increasing awareness of environmental sustainability and the use of superabsorbent polymers in hygiene products are further supporting market expansion. Innovation in high-performance and eco-friendly PAA products, along with government initiatives promoting industrial growth, is encouraging regional players to invest in production capacity and R&D activities.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR by infrastructure development, water treatment projects, and the agrochemical sector. Industrial expansion and urbanization are fueling demand, while the need for efficient water management solutions is encouraging PAA adoption. The market faces challenges from fluctuating raw material prices and limited local production capacities, but increasing investments in industrial chemicals and rising awareness of sustainable applications are promoting gradual market penetration. Regional collaborations and import reliance also influence growth dynamics.

Key players in the market

Some of the key players profiled in the Polyacrylic Acid (PAA) Market include BASF SE, Arkema, Dow, Evonik Industries AG, Ashland Inc., Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Co., Ltd., Kemira, Merck KGaA, Polysciences Inc., Acuro Organics Limited, Henan Qingshuiyuan Technology Co., Ltd., Anhui Newman Fine Chemicals Co., Ltd., Chemtex Specialty Limited, Maxwell Additives Pvt. Ltd., MKS DevO, Protex International and Zouping Dongfang Chemical Co., Ltd.

Key Developments:

In June 2025, Arkema launched a new polyacrylic acid-based thickener under its Coatex brands Ecodis(TM) and Viscophobe(TM), tailored for architectural coatings and industrial formulations. It enhances flow and stability while ensuring excellent compatibility with low-VOC systems, supporting eco-friendly and high-performance applications.

In January 2024, BASF acquired one of two MDI production plants from Huntsman via Shanghai Lianheng Isocyanate Co., Ltd., including precursor units for aniline and nitrobenzene. This move secures upstream chemical inputs, indirectly supporting stable, cost-efficient production of PAA-based polymers.

Products Covered:

• Homopolymer PAA
• Copolymers
• Crosslinked PAA
• Sodium polyacrylate
• Other Products

Molecular Weights Covered:

• Low molecular weight
• Medium molecular weight
• High molecular weight

Forms Covered:

• Powder
• Liquid
• Emulsion
• Gel

Applications Covered:

• Water Treatment
• Detergents & Cleaners
• Coatings & Paints
• Adhesives & Sealants
• Oil & Gas
• Personal Care & Pharmaceuticals
• Agriculture
• Textiles
• Construction & Cement Additives
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Polyacrylic Acid (PAA) Market, By Product

• 5.1 Introduction
• 5.2 Homopolymer PAA
• 5.3 Copolymers
• 5.4 Crosslinked PAA
• 5.5 Sodium polyacrylate
• 5.6 Other Products

6 Global Polyacrylic Acid (PAA) Market, By Molecular Weight

• 6.1 Introduction
• 6.2 Low molecular weight
• 6.3 Medium molecular weight
• 6.4 High molecular weight

7 Global Polyacrylic Acid (PAA) Market, By Form

• 7.1 Introduction
• 7.2 Powder
• 7.3 Liquid
• 7.4 Emulsion
• 7.5 Gel

8 Global Polyacrylic Acid (PAA) Market, By Application

• 8.1 Introduction
• 8.2 Water Treatment
• 8.3 Detergents & Cleaners
• 8.4 Coatings & Paints
• 8.5 Adhesives & Sealants
• 8.6 Oil & Gas
• 8.7 Personal Care & Pharmaceuticals
• 8.8 Agriculture
• 8.9 Textiles
• 8.10 Construction & Cement Additives
• 8.11 Other Applications

9 Global Polyacrylic Acid (PAA) Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 BASF SE
• 11.2 Arkema
• 11.3 Dow
• 11.4 Evonik Industries AG
• 11.5 Ashland Inc.
• 11.6 Nippon Shokubai Co., Ltd.
• 11.7 Sumitomo Seika Chemicals Co., Ltd.
• 11.8 Kemira
• 11.9 Merck KGaA
• 11.10 Polysciences Inc.
• 11.11 Acuro Organics Limited
• 11.12 Henan Qingshuiyuan Technology Co., Ltd.
• 11.13 Anhui Newman Fine Chemicals Co., Ltd.
• 11.14 Chemtex Specialty Limited
• 11.15 Maxwell Additives Pvt. Ltd.
• 11.16 MKS DevO
• 11.17 Protex International
• 11.18 Zouping Dongfang Chemical Co., Ltd.