Acrylamide Market Revenue, Growth Factors, Trends, Key Companies, Forecast To 2027

The global Acrylamide market is forecast to reach USD 5.82 Billion by 2027, according to a new report by Reports and Data.

 

The increasing application of acrylamide in wastewater treatment and as thickener in cosmetic industry is driving the demand of the market.

The global Acrylamide market is forecast to reach USD 5.82 Billion by 2027, according to a new report by Reports and Data. Acrylamide is a compound prepared by the hydrolysis of acrylonitrile. It is also produced while cooking foods containing carbohydrates. The compound is also highly absorbent, which makes it ideal for application in baby diapers.

The acrylamide market is expected to gain significant importance with municipal wastewater treatment applications encouraging the consumption of the product. It is used in a wide variety of industrial wastewater treatment processes that employ breweries, paper, pharmaceuticals, leather, textiles, electroplating, and petrochemical. Moreover, it also plays a crucial role in playing a solid-liquid separator in municipal wastewater treatments for treating sewage. The primary factor driving the market are increased consumer awareness towards health and inclusion of a healthy diet in daily food. Moreover, the growth in the food and bakery industry is expected to drive the market during the forecast period. The growing food and bakery industry is anticipated to propel the demand of the market.

Key companies profiled in the report include

Kemira, Rudong Natian, BASF SE, Ashland Inc., INEOS, SNF, Beijing Hengju, The Dow Chemical Company, Mitsui Chemicals, and National Aluminium Company Limited, among others.

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The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Acrylamide market.

The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.

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The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report discusses in detail the market growth, market size, revenue growth, market share, production and consumption, demand and supply, current and emerging trends, and technological developments in each region.

The key geographical regions analyzed in the market report are:

  • North America (U.S.A., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Acrylamide Market Segmentation based on Types:

Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)

  • Acrylamide Water Solution
  • Acrylamide Crystals

Applications Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)

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

End Use Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2017-2027)

  • Water Treatment
  • Oil and Gas
  • Cosmetics
  • Food Packaging
  • Pulp and Paper
  • Others

Further key findings from the report suggest,

  • More than 90% of acrylamide is used in the manufacture of polyacrylamides (PAM). They are organic flocculants, and their use is as wastewater treatment agents. PAM is also used as dewatering and conditioning aids for sludge, in industrial operations such as in pulp and paper plants, and thickening of waste sludge in municipal sewage treatment.
  • An important application for PAM is in enhanced oil recovery (EOR). EOR is usually used when the rest of the extraction methods have become inept. It boosts extraction yields by injecting either a gas or a PAM/water solution.
  • When aqueous acrylamide solutions are mixed with sewage, they form large flocs, which improve sedimentation rate in clarifiers, water removal in sludge thickening equipment, and floatation rates in dissolved air flotation (DAF) systems.
  • The water treatment industry is witnessing strong growth fuelled by the increased industrial demand for water. As water is utilized in large quantities in several industries, such as mining and metallurgy, steel, power, oil and gas, petrochemicals, food and beverage, and textile and dyes, government all over the world are implementing regulations to treat waste water on these industries, before releasing it back into the environment.
  • Europe holds a noteworthy share of shale gas reserves, and there are still countless reserves present throughout the globe. With fracking applications growing globally, the consumption of the market product is expected to grow steadily, supported by the upsurge in the shale gas extraction activities.

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