Acrylamide monomer market will grow at a rate of 9.45% for the forecast period of 2021 to 2028. Rise in the stringent environmental regulations pertaining to disposal of sewage water acts as a vital factor driving the growth of acrylamide monomer market.
Acrylamide monomer (or acrylic amide) is defined as a colourless and odourless chemical compound formed by the hydration of acrylonitrile. It is soluble in alcohol, water, and acetone but immiscible in benzene and heptanes.
Increase in the use of acrylamide monomers in the end-use sectors, such as gel electrophoresis, ore processing, tertiary oil refining, and the dyes and plastics synthesis is the vital factor escalating the market growth, also rise in the use of acrylamide monomer in the synthesis of polyacrylamide, rise in the environmental regulations which demand the industrial and municipal plants to limit their waste, the industrialised countries are now turning towards the use of polyacrylamide in their wastewater treatment, which in turn increases the product demand and rise in the demand from emerging economies are the major factors among others driving the acrylamide monomer market. Moreover, rise in the research and development activities in the market and increase in the technological advancements and modernization in the production techniques will further create new opportunities for the acrylamide monomer market in the forecast period of 2021- 2028.
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The major players covered in the acrylamide monomer market report are SNF, Kemira, INEOS, PetroChina Company Limited, Rudong Tongyuan Chemicals Co., Ltd, NALCO India Beijing Hengju Chemical Group Co., Ltd and BASF SE 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.
Scope of the Acrylamide Monomer Market Report:
Acrylamide monomer market is segmented on the basis of application and end-use. 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.
- Based on application, the acrylamide monomer market is segmented into enhanced oil recovery, pulp and paper manufacturing, flocculent, thickener and others.
- The acrylamide monomer market is also segmented on the basis of end-use into water treatment, oil & gas, cosmetics, pulp and paper, food packaging and others.
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Acrylamide Monomer Market Regional Analysis/Insights
The Acrylamide Monomer market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Acrylamide Monomer market report are 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 market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Acrylamide Monomer within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Acrylamide Monomer market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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