Acrylamide Market

Acrylamide Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031

Acrylamide Market Segmented By Product type such as Acrylamide Water Solution and Acrylamide Crystals with applications includes Enhanced Oil Recovery, Pulp and Paper Manufacturing, Textile Sizing, Flocculent and Thickener

Report ID: PMRREP32441

Report Type: Ongoing

Format: PPT*, PDF, EXCEL

Industry: Chemicals and Materials

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Global Acrylamide Market: Market Introduction

Acrylamide, also known as acrylic amide, is a white, odorless organic compound soluble in water and other organic solvents. Acrylamide can react violently when it is melted. Manufacturing process of acrylamide involves hydrolysis of acrylonitrile with the presence of a catalyst such as sulfuric acid and other metal salts.

Owing to its highly toxicity, acrylamide is mostly handled in an aqueous solution. Acrylamide is present in tobacco smoke and also formed in foods that are rich in starch when cooked at normal temperatures. It is called as Maillard reaction.

Acrylamide finds applications in the production of polyacrylamide which is further used as water soluble thickeners and is also used in many industrial processes like treatment of drinking and sewage water, production of paper, dyes and plastics and is found in consumer products like adhesives and food packaging. Polyacrylamide is even used as a superabsorbent in products like diapers and other incontinency products.

Acrylamide can also be formulated into cosmetics and grooming kits as thickening agents; however are comparatively used in small quantities. Acrylamide is also used as a chemical intermediate in the production of organic chemicals. There is an important use of acrylamide in the enhanced oil recovery of jet fuel and other petro chemicals wherein it helps to increase the viscosity of the injected water and helps push the oil locked in the reservoirs through the pump.

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Global Acrylamide Market: Market Dynamics

Increasing government spending on the treatment of water with the adoption of various rules and regulations about disposal of sewage water from various industries is anticipated to propel the demand for acrylamide during the forecast period. Increasing need for oil recovery with rising oil prices to further push the demand for acrylamide in upcoming years.

With the increased adoption of convenience food products in many developed and developing economies with the change in the lifestyle pattern of the consumers is also expected to spur the demand of the acrylamide.

Growing concern of the consumers pertaining to hygiene issues is in turn increasing the need for the personal care products which in turn is projected to positively impact the acrylamide market. With the use of acrylamide in hydraulic fracturing, unconventional gases can be recovered and create a great opportunity to propel the demand for acrylamide in foreseeable future.

High toxicity level of acrylamide and stringent government regulations owing to increased human and environmental health concerns is anticipated to hamper the growth of acrylamide. Furthermore, increasing consumer awareness towards health and diet may have adverse impacts on the acrylamide market owing to its hazardous and carcinogenic nature.

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Global Acrylamide Market: Market Segmentation

The global Acrylamide market is segmented on the basis of application, product type and end use industry

Based on product type, the global acrylamide market can be segmented as mentioned below:

  • Acrylamide Water Solution
  • Acrylamide Crystals

Based on application, the global acrylamide market can be segmented as mentioned below:

  • Enhanced Oil Recovery
  • Pulp and Paper Manufacturing
  • Textile Sizing
  • Flocculent
  • Thickener
  • Others

By end use industry segment, the global acrylamide market can be segment as mentioned below:

  • Water Treatment
  • Oil & Gas
  • Personal Care & Cosmetics
  • Paper and pulp
  • Mining
  • Textile
  • Packaging
  • Others
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COVID-19 crisis impact

Globally, interruption in industrial and trade activity owing to COVID-19 impacted countries is anticipated to result in a drastic change in economic growth of individual region and at global level. Lockdowns being imposed by the government of many regions, supply chain crunch and closure of various manufacturing units with insufficient labor has hampered the growth of the acrylamide market to a certain point.

The sewage monitoring and disposal became a very important concern during the pandemic with increasing health concern amongst the consumers.

Furthermore, increasing consumption of personal care products was experienced during the pandemic period; however, other industries including, oil & gas, mining, pulp & paper and textile were at a halt during the pandemic period and experienced a downturn in terms of growth which in turn negatively impacted to global acrylamide market.

The overall acrylamide market is anticipated to be impacted adversely during the pandemic period; however is projected to gain traction with increasing government initiatives to offset the downturn in the economy.

Global Acrylamide Market: Regional Outlook

Asia-Pacific region is anticipated to dominate to global acrylamide market and is anticipated to continue its dominance during the assessment period. China being the leading producer and consumer of acrylamide and the increasing demand from the water treatment industry in China is a key factor for driving the growth of acrylamide market in the region.

With rapid industrialization, the growth potential of acrylamide in economies like Malaysia, Thailand, and South Korea is also increasing. North America market of acrylamide is anticipated to grow on the back of increasing growth in oil & gas industry in U.S. and increasing per capita consumption of cosmetics products in the region.

European acrylamide market growth is attributed to its strict regulations pertaining to sewage water disposal by the European commission. The growth of sectors like power generation is further expected to increase the demand of acrylamide in the region.

The presence of large oil and gas reserves in the region of the Middle East and Africa is estimated to be a key factor in the increase of the use of acrylamide in this region. With to the growth of the industrial sector of Latin America, it is expected to raise the demand of acrylamide in this region as well.

Which trend/ segment to impact more?

Among from the segments, the water treatment segment is expected to boost the market growth in the coming forecast period owing to increasing application of acrylamide. Also, stringent regulations adopted by European commission is expected to impact the growth of acrylamide market in the wastewater treatment segment.

Furthermore, as the demand of the enhanced oil recovery segment is increasing, it would further help in the increased demand of acrylamide market as it has a major application during the process and many developed and developing economies are a major driver for the growth of this segment.

Analyst perspective:                           

Globally, the acrylamide market is expected to see a rise in demand of acrylamide from end use industries such as water treatment, tertiary oil refining, ore processing, gel electrophoresis and in the synthesis of dyes and plastic goods.

With the strict implementations of the government regulations on the disposal and treatment of water from industries like mining, power, petrochemical, food and beverage and textile and dyes is another reason that is expected to add more growth to the global acrylamide market in future; however, hazardous nature of acrylamide may restrict its growth to certain extent.

Global Acrylamide Market: Industry Participants

The acrylamide market is estimated to be fairly fragmented owing to the number of players in the international market. Few of them are identified across the value chain which is -

  • SNF Group
  • Mitsui Chemicals Inc.
  • Ashland
  • Kemira Oyj
  • Petro China Daiqing
  • Rudong Natian
  • Dia-Nitrix Co. Ltd.
  • Beijing Hengju
  • Cytec Industries Incorporated
  • The Dow Chemical Company
  • National Aluminum Company Limited
  • Zhejiang Xinyong Biochemical Co. Ltd.
  • Yongsan Chemicals Inc.

The research report on Acrylamide market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

The Acrylamide market report also contains projections using a suitable set of assumptions and methodologies. The research report on Acrylamide market provides analysis and information according to market segments such as of product type, application and end use.

The Acrylamide market report covers exhaustive analysis on:

  • Market Segments                   
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:                                               

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Europe (Germany, Italy, France, U.K, Spain, Poland, Russia)
  • South Asia (India, ASEAN, Rest of South Asia)
  • East Asia (China , Japan, South Korea)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa, Rest of MEA)

The Acrylamide market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The Acrylamide market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Acrylamide market report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing Acrylamide market dynamics in the industry
  • In-depth Acrylamide market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on Acrylamide market performance
  • Must-have information for Acrylamide market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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Companies Covered in This Report

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