Market Overview
The Brazil bio-acrylic acid market reached USD 11.9 Million in 2025 and is projected to reach USD 57.7 Million by 2034, growing at a CAGR of 19.17% during the forecast period 2026-2034. The market growth is primarily driven by increased adoption of bio-based solutions to mitigate environmental issues and lower carbon footprints, along with the high availability of bio-based feedstock that reduces production costs and facilitates large-scale manufacturing. For further details, visit the Brazil Bio-Acrylic Acid Market.
Study Assumption Years
- Base Year: 2025
- Historical Year/Period: 2020-2025
- Forecast Year/Period: 2026-2034
Brazil Bio-Acrylic Acid Market Key Takeaways
- The market size stood at USD 11.9 Million in 2025, with a forecast growth at a CAGR of 19.17% during 2026-2034.
- Increasing focus on bio-based polymers production, especially in superabsorbent polymers for hygiene products, drives demand.
- Brazil's expanding bio-based feedstock availability, especially sugarcane production reaching 705 Million Metric tons (April 2023-March 2024), reduces production costs.
- Application expansion across adhesives and coatings sectors, supported by rising environmental regulations and consumer sustainability concerns (81% of people showed strong sustainability concerns in 2023).
- Government emphasis on bio-based solutions and investments by key companies, such as Braskem and BASF, bolster market growth.
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Market Growth Factors
Key factor assisting Brazil bio-acrylic acid market growth is the rising production of bio-based polymers. An increase in the demand for bio-based polymers which include superabsorbent polymers used for personal hygiene products is propelling the growth of bio-acrylic acid in the country as companies try to reduce dependence on fossil fuels owing to pollution & global warming. In July 2023, Braskem announced a 30% increase in capacity in its bio-based ethylene plant at the Triunfo Petrochemical Complex in Brazil with an investment of USD 87 Million, as part of a target of producing 1 Million Tons of biopolymers annually by 2030 and attaining carbon neutrality by 2050.
Due to the rapidly growing bio-based feedstock availability, the bio-acrylic acid market in Brazil is expected to grow, owing to the presence of strong agricultural base. For example, according to the USDA Foreign Agriculture Service, sugarcane production in Brazil is forecasted to reach an all time high of 705 Million Metric tons in the marketing year April 2023 to March 2024. The cost benefits of scaling up, along with Brazil's investments in biorefineries and biotechnological developments, position the country as a good location for the mass production of bio-based chemicals, including bio-based acrylics.
The growing use of bio-acrylic acid in adhesives and coatings is a consequence of environmental regulation and the growing trend of sustainable products. In 2023, 81% of consumers throughout Brazil worried about sustainability with 16% of consumers willing to pay more for these products. People expect bio-acrylic acid, which is less brittle and resists decomposition more than petrochemical-derived counterparts, to be a bio-based alternative, especially to produce bio-based adhesives in the automotive and packaging industries. An increased adoption of bio-based materials by Brazilian manufacturers is also expected to be driving the growth of the bio-acrylic acid market.
Market Segmentation
Type Insights:
- 2-Ethylhexyl Acrylate: One of the key types of bio-acrylic acid analyzed in the market.
- Butyl Acrylate: Covered as a significant segment in bio-acrylic acid types.
- Elastomers: Included as a main type contributing to market diversity.
- Ethyl Acrylate: Listed among the principal types in the market.
- Methyl Acrylate: Another essential type segment in the Brazil bio-acrylic acid market.
Application Insights:
- Adhesives & Sealants: A major application area, with increased usage driven by sustainability trends.
- Paints & Coatings: Important application segment benefiting from bio-acrylic acid’s properties.
- Surfactants: Included as a notable application sector.
- Textiles: Listed among the key applications utilizing bio-acrylic acid.
Regional Insights
The Brazil bio-acrylic acid market is segmented into Southeast, South, Northeast, North, and Central-West regions. The report highlights a comprehensive regional analysis without specifying dominant market shares or CAGR per region. As the country’s overall market benefits from high bio-based feedstock availability and industrial investments, these regions collectively contribute to the expanding demand.
Recent Developments & News
In February 2025, LG Chem announced the launch of its sustainable chemistry initiative by producing bio-acrylic acid, a fully plant-based alternative to fossil fuel-derived acrylic acid. Prototype production is scheduled to begin in Q2 2025, with an initial capacity of 100 Metric Tons annually. In April 2023, BASF introduced enhanced production methods in Brazil that reduced its carbon footprint by 60% to 65%. These methods also simplified formulation ingredients from 25 to 15 without compromising quality. BASF additionally committed R$ 50 Million toward a new plant to support these innovations.
Key Players
- Braskem
- LG Chem
- BASF
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