The latest report by IMARC Group, titled “Acrylamide Monomer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” finds that the global acrylamide monomer market reached a volume of 1.6 Million Tons in 2020. Acrylamide monomer, also known as acrylic amide, propenamide, 2-propenamide, is a chemical compound that occurs as a white, crystalline solid or flake-like crystals. It is formed by the hydration of acrylonitrile and remains stable at room temperature. The thermal decomposition of acrylamide monomer expels carbon monoxide, carbon dioxide as well as nitrogen oxides. It is highly soluble in water, acetone and alcohol, lacks color and odor, and can polymerize at its melting point or under ultraviolet (UV) light.
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Global Acrylamide Monomer Market Trends:
The use of acrylamide monomer in polyacrylamide synthesis represents one of the primary factors bolstering the market. Polyacrylamide is an industrially important polymer used in the production of various compounds. In the paper manufacturing industry, polyacrylamide acts as a binder and retains pigments on paper fibers. It is also used in the wastewater industry for flocculating solids in sewage water. Consequently, due to the increasing environmental regulations mandating industrial and municipal plants to limit their waste, there has been a rise in the demand for polyacrylamide as dispersant and flocculant. Furthermore, there has been an increase in the consumption of acrylamide monomer in gel electrophoresis, ore processing, tertiary oil refinery, and the synthesis of dyes and plastics. Acrylamide monomer is also used as a friction reducer in shale gas refineries, as a co-monomer in superabsorbent polymers and for irrigation purposes in the agriculture sector. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026.
Market Summary:
- Based on the end-use, the market has been segregated into the water and wastewater treatment, petroleum (mostly drilling fluid), pulp/paper, mining, coating, printing/dying and other sectors. Waste and wastewater treatment currently represents the largest end use segment.
- Region-wise, Asia holds the leading position in the market. Other major regions are the United States, Europe, and Middle East and Africa.
- The competitive landscape of the market has been examined, with some of the key players being SNF Group, China National Petroleum Corporation (CNPC), Kemira Oyj, Beijing Hengju Chemical Group Corporation, BASF SE and Dia-Nitrix Co, Ltd.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global acrylamide monomer market report, along with forecasts for growth at the global and regional level from 2021-2026. Our report has categorized the market based on end-use.
Competitive Landscape:
- China National Petroleum Corporation
- Kemira
- Beijing Hengju Oilfield,
- BASF and Dia-Nitrix.
Breakup by End-Use:
- Waste and Wastewater Treatment
- Petroleum (Mostly Drilling Fluid)
- Pulp/Paper
- Mining
- Coating
- Printing/Dying
- Others
Breakup by Region:
- Asia
- United States
- Europe
- Middle East and Africa
- Others
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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