Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Acrylamide Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international Acrylamide Market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and global Acrylamide
Market over the short as
well as long period of time. A detailed presentation of forecast, trends, and
dollar values of global Acrylamide Market is offered. In accordance with the report, the global
Acrylamide Market is projected to
expand at a CAGR of 4.23% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Acrylamide is a white odorless crystalline solid soluble in water,
ether, ethanol and chloroform. Acrylamide is primarily used to produce
polyacrylamide, which further finds applications in various end-user
industries. Acrylamide is produced by
the hydrolysis of acrylonitrile by nitrile hydratase. Commercially, acrylamide
is synthesized on a large scale to produce polyacrylamide. Polyacrylamide is
further used in several applications such as water treatment, enhanced oil
recovery, paper making etc. Some of the other commercial application of
acrylamide includes manufacture of monomers and manufacture of dyes.
Growth in the demand for water and wastewater treatment coupled with
expanding oil and gas activities are expected to be the major demand drivers
for acrylamide in the next few years. Water and wastewater treatment is the
largest application segment of acrylamide both in terms of volume and revenue.
Stringent laws have been put in place by various governments in developed
region regarding wastewater treatment. Acrylamide is extensively used for
treating wastewater across the globe. In municipal wastewater treatment,
acrylamide is used for primary sewage treatment as a solid-liquid separator.
Acrylamide also finds uses in a wide variety of industrial wastewater treatment
processes that involve petrochemical, textiles, electroplating,
pharmaceuticals, leather, breweries and paper. Increasingly stringent
regulations particularly related to wastewater from industrial and municipal
sources, is expected to drive the growth of acrylamide in the near future.
Urban wastewater treatment is not subject to global economics and thus it is
expected to promote acrylamide consumption in municipal wastewater treatment
applications.
Acrylamides are used for the economic recovery of unconventional
gases through hydraulic fracturing. Shale gas is an unconventional source of
natural gas and is high in ethane and other hydro carbon content. U.S. chemical
firms are expected to invest around USD 71.7 billion in new shale gas capacities
by 2020. These new capacities extracting shale gas are expected to propel the
demand for acrylamide in hydraulic fracturing operations. Companies that are
expected to invest in shale gas are: Chevron Philips, Dow Chemicals, Mitsui,
Shell Chemicals and ExxonMobil Chemical among others. Numerous shale gas
reserves occur throughout the world with a significant number of shale reserves
present in Europe. Thus, this increase in shale gas extraction activities is
expected to drive the consumption of acrylamide for tracking applications
worldwide.
In terms of acrylamide production, Asia Pacific was the major
producer of acrylamide followed by North America and Europe. Consumption
pattern of acrylamide was similar to the production pattern across the globe. In
terms of consumption, Asia Pacific was the major consumer of acrylamide,
globally. Asia Pacific was followed by North America, Europe and Rest of the
World. North America is one of the major markets for water and wastewater
treatment industry and thus is also an important demand destination for
acrylamide. The major acrylamide markets in North America were U.S and Canada.
Europe has a several regulations pertaining to wastewater treatment and these
regulations are expected to be the major driving force for acrylamide in the
next few years. In Europe, the major acrylamide consumptions markets were
Germany, France, Italy, and U.K amongst others. In Asia Pacific, China
accounted for the largest demand for acrylamide followed by India, Japan, and
Indonesia etc. There has been a growing demand for acrylamide and its products
especially from countries of Asia Pacific such as China and India. With further
economic development of these regions is expected to further propel the demand
for acrylamide and its derivatives in the near future.
Segment Covered:
This market
intelligence report on the global Acrylamide Market encompasses market segments based on application, end use
industry and country.
In terms of application, the global Acrylamide Market is segregated
into:
·
Enhanced Oil
Recovery
·
Pulp and Paper
Manufacturing
·
Flocculent
·
Thickener
·
Others
By end use industry, the global Acrylamide Market is also
classified into:
·
Water Treatment
·
Oil & Gas
·
Cosmetics
·
Pulp and Paper
·
Food Packaging
·
Others
By country/region, the global Acrylamide Market has been divided
into:
·
North America
(the U.S., Canada)
·
Latin America
(Brazil, Mexico, Argentina and other countries)
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries)
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries)
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries)
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
·
SNF
·
Kemira
·
INEOS
·
Petro China
Daiqing
·
Rudong Natian
·
Nalco
·
Beijing Hengju
·
BASF SE
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Acrylamide Market related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Acrylamide
Market, size of the market (US$ Mn), and Compound
Annual Growth Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking
into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Acrylamide Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Kemira, Naico, BASF among
others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Acrylamide Market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Acrylamide
Market. The research also caters to the rising needs
of consulting and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Acrylamide Market
v
Identification
of key factors driving investment opportunities in the Acrylamide
Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants