The global acrylamide monomer market reached a volume of 1.6 Million Tons in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use industries. These insights are included in the report as a major market contributor.
Acrylamide monomer (or acrylic amide) is a colourless and odourless chemical compound formed by the hydration of acrylonitrile. It is soluble in water, alcohol and acetone but immiscible in benzene and heptanes. Although it is stable at room temperature, it can violently polymerize at its melting point or under UV light. The global acrylamide monomer market is currently being driven by its uses in diverse industries. One of the major factors boosting the growth of this market is the use of acrylamide monomer in the synthesis of polyacrylamide which is further used in wastewater treatment. Due to increasing 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. The report provides a comprehensive insight into the industry including its market break-up by region, market breakup by end-uses, value chain analysis, import and export trends, key players and market outlook. The report also gives an in-sight into the manufacturing process of acrylamide monomer covering key success and risk factors for manufacturers, manufacturing process flow, the reactions involved, raw materials and their requirements, etc.
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, regional and country-level from 2021-2026. Our report has categorized the market based on region and end-use.
Market Breakup by End-Use:
The report has segmented the global acrylamide monomer market on the basis of its end-uses. Acrylamide monomer finds wide ranging applications encompassing a number of industries such as waste and wastewater treatment, petroleum (mostly drilling fluid), pulp, mining, coating and printing. Water management currently represents the dominating segment for this market. Other uses of acrylamide monomer include as a comonomer in superabsorbent polymers, cosmetic and personal care, production of n-methylolacrylamide, irrigation purposes in agriculture and food applications.
Market Breakup by Region:
The report has also segmented the global acrylamide monomer market according to its key regions and finds that Asia represents its biggest producer accounting for the majority of the total global production. Asia is followed by Europe, North America, Africa and the Middle East. Based on the analysis of the global import and export data, the report finds that the Unites States is the largest importer of acrylamide monomer followed by Germany, UK and France. China represents the largest exporter of acrylamide monomer followed by Germany, Netherlands and the United States.
The report has also analysed the key players operating in the global acrylamide monomer market. SNF Group represents the world's largest acrylamide monomer manufacturer. SNF Group is followed by China National Petroleum Corporation, Kemira, Beijing Hengju Oilfield, BASF and Dia-Nitrix.
The market growth is currently being hampered due to the rising cases of the coronavirus disease (COVID-19), lockdowns imposed by governments of several countries, disrupted supply chains and temporary closure of various manufacturing units.
The global acrylamide monomer market reached a volume of 1.6 Million Tons in 2020.
According to the estimates by IMARC Group, the global acrylamide monomer market is expected to exhibit moderate growth during the next five years.
The extensive applications of acrylamide monomer in various end use industries represent one of the key factors impelling the market growth. For instance, acrylamide monomer is extensively used as a friction reducer in shale gas refineries and as a co-monomer in superabsorbent polymers.
With the increasing environmental concerns, governments of numerous countries are introducing stringent regulations that mandate industrial and municipal plants to limit their waste, which, in turn, is creating a positive impact on the market growth.
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 others.
Region-wise, the market has been segmented into the United States, Asia, Europe, Middle East and Africa, and others.
Leading industry players are SNF Group, China National Petroleum Corporation, Kemira Oyj, Beijing Hengju Chemical Group Corporation, BASF SE and Dia-Nitrix Co, Ltd.
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