Acrylamide Monomer Market Report, Price Trends and Forecast 2019-2024

Press Release:

Global Acrylamide Monomer Market to Reach US$ 5 Billion by 2023

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Acrylamide Monomer Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2019-2024

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. According to IMARC Group’s recently published report titled “Acrylamide Monomer Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2019-2024”, 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. Owing to these factors, this market has grown at a CAGR of around 10% during 2011-2018. 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.

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.

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 essential aspects of the global acrylamide monomer market evaluated in the report include: