Global Acrylamide Market, By Product Type (Acrylamide Water Solution, Acrylamide Crystals), Application (Enhanced Oil Recovery, Pulp and Paper Manufacturing, Textile Sizing, Flocculent, Thickener, Others), End Use Industry (Water Treatment, Oil and Gas, Personal Care and Cosmetics, Paper and pulp, Mining, Textile, Packaging, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Acrylamide Market
The acrylamide market is expected to witness market growth at a rate of 4.57% in the forecast period of 2021 to 2028. Data Bridge Market Research report on acrylamide market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand from the end use industry is escalating the growth of acrylamide market.
Acrylamide, also called acrylic amide refers to a white, odorless organic compound that is soluble in water and other organic solvents. The product is known to be reacting violently when it is melted. The manufacturing process of the compound consists of hydrolysis of acrylonitrile with the presence of a catalyst such as sulfuric acid among other metal salts. It is often handled in an aqueous solution because of its high toxicity.
The high usage of the compound in the water treatment industry across the globe, acts as one of the major factors driving the growth of acrylamide market. The rise in the demand for various applications in the production of polyacrylamide that is further used as water soluble thickeners and the increase in the usage of the compound in several industrial processes such as production of paper and treatment of sewage water and drinking water accelerate the market growth. The surge in demand for the acrylamide in products such as adhesives and food packaging and the rise in the utilization of the compound as a superabsorbent in products such as diapers and other incontinency product further influence the market. Additionally, urbanization and industrialization, growth of end use industries and rise in investments positively affect the acrylamide market. Furthermore, increase in demand for the product as chemical intermediate in the production of organic chemicals extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, the implementation of stringent government regulations and concerns regarding high toxicity level of acrylamide are expected to obstruct the market growth. The rise in the consumer awareness towards health and diet and increase in the human and environmental health concerns are projected to challenge the acrylamide market in the forecast period of 2021-2028.
This acrylamide market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on acrylamide market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Acrylamide Market Scope and Market Size
The acrylamide market is segmented on the basis of product type, application and end use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the acrylamide market is segmented into acrylamide water solution and acrylamide crystals.
- On the basis of application, the acrylamide market is segmented into enhanced oil recovery, pulp and paper manufacturing, textile sizing, flocculent, thickener and others.
- On the basis of end use industry, the acrylamide market is segmented into water treatment, oil and gas, personal care and cosmetics, paper and pulp, mining, textile, packaging and others.
Global Acrylamide Market Country Level Analysis
The acrylamide market is analyzed and market size, volume information is provided by country, product type, application and end use industry as referenced above.
The countries covered in the globally acrylamide market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the acrylamide market due to the high shale exploration in the U.S. and growth in oil and gas sector within the region. Asia-Pacific is expected to witness the high growth in the forecast period of 2021 to 2028 because of the increase in demand for its derivative in water treatment sector in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Acrylamide Market Share Analysis
The acrylamide market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to acrylamide market.
The major players covered in the acrylamide market reports are SIBUR International GmbH, Versalis S.p.A., LG Chem, SpecialChem, Rishiroop Ltd., PARKER HANNIFIN CORP, SKF Group, CGR Products, NANTEX Industry Co., Ltd., ZEON CORPORATION, Synthos, Bharat Polymers, VarrmasElassto Seals, ARLANXEO, BRP Manufacturing, KUMHO PETROCHEMICAL, LUC Group, UNITED PLASTIC COMPONENTS INC., INEOS, Plastic Extrusion Technologies, RTP Company, Preferred Plastics, Inc., Crafted Plastics Inc., Select Plastics, Formosa Plastics Corporation, Chi Mei Corporation and SABIC among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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