Acrylic polymer latex has versatile role in many academic and industrial applications like paint, adhesives, textile, paper industry, concrete, surface coating, synthetic rubber and many ones. Acrylic base polymer latex can be prepared by various polymerization methods like Batch emulsion, Seeded emulsion, Situ miniemulsion, Atom transfer radical, Free radical copolymerization, Pickering miniemulsion, Semi-continuous seeded emulsion, dispersion copolymerization, aqueous suspension polymerization etc. in different solvents i.e. 1,1,2-trichloroethane, water, deionized water, 1,4-dioxane, chloroform, tetra hydro furan, toluene, benzene, nitric acid and so on. Acrylic latexes possessed various properties such as increased particle size which resist centrifugal nature and reduce viscosity of heavy oil, layered coating on steel improve lustre along with flexibility, tensile strength and thermal stability too. Acrylic latexes increase silicon intensity in silicon nanoparticles by controlling pH of emulsion during polymerization and also super paramagnetic behaviour of Fe2O3 nanocomposites latex controlled by pH. In this connection, many researchers have synthesized various acrylic base polymer latex or its composites, investigate its utility in different forms for different purposes to improve properties as required. In this review our main emphasis is to investigate the synthesis, characterisation and application of various acrylate polymer latexes.