The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
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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