Over the next five years the Acrolein market will register a 2.1% CAGR in terms of revenue, the global market size will reach US$ 1650.8 million by 2027.
The simplest unsaturated aldehyde is acrolein, often known as 2-propenal. It's a colourless liquid with an unpleasant pungent odour. Acrolein is made from propylene and glycerine, both of which are petrochemical feedstocks. Acrolein is largely employed as a speciality chemical and an important intermediate. Because of its numerous applications in the plastic and paint industries, acrolein is fast gaining popularity. The catalytic oxidation of propylene in the presence of air is one of the most extensively used industrial processes for producing acrolein. Furthermore, the use of glycerine and propane as alternative feedstocks for acrolein is becoming more popular. Depending on the raw material requirements and final uses, the global demand for acrolein is expected to undergo significant changes.
Engineering plastics and polymer industries, followed by agrochemicals, are a few of the primary drivers driving the acrolein market demand. Acrylic acid and methionin are made primarily with acrolein as a crucial step. Emulsifiers, coatings, and adhesives all use acrylic acid polymers. They're also employed in diapers and sanitary pads as super-absorbing agents. Acrolein is used as a biocide and is used directly as a speciality chemical. This acrolein-based biocide is used in irrigation canals to prevent algae growth, as well as submerged and floating weeds. It's also employed as a biocide, as well as a scavenger for hydrogen sulphide and mercaptants, in the oil industry's drilling waters.
Top Key players in the Acrolein Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Acrolein Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Evonik, Adisseo, Arkema, DowDuPont, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, Hubei Jinghong Chemical, Zibo Xinglu Chemical, Puyang Shenghuade Chemical, Wuhan Youji, Hubei Xinjing New Material and others.
Global Acrolein Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Acrolein Market is segmented based on the type, applications, companies and regions.
By Type, Acrolein Market has been segmented into
Methionine
Pesticide
Glutaraldehyde
Water Treatment Agent
Others
The end user’s industry application on Acrolein Market is,
Propylene Oxidation Method
Glycerol Dehydration Method
In terms of global demand, the United States, Europe, and Japan currently produce the most Acrolein. In the intermediate chemicals sector, the United States is expected to increase rapidly in terms of acrolein export and trade in the coming years, followed by Europe and Japan. Because of its constantly expanding plastic markets, China will be the largest importer. Due to its constantly increasing paints and polymer markets, India would be the next in line from the Asia Pacific area. The United States is the world's largest importer of acrolein biocide, but the remainder of Asia Pacific, including Indonesia and Vietnam, has prospective biocide markets. Due to low labour and manufacturing costs, Indonesia may take the lead in Southeast Asia. Europe is expected to demonstrate an overall decline over the anticipated period due to its mature market. The acrolein market in the rest of the world is expected to develop, especially in nations like Brazil, Saudi Arabia, and Argentina, among others. Paints and coatings, as well as the polymer industry, are driving demand in this region.
Acrolein Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Acrolein Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 2.1 % over the forecast period (2022-2027) |
By Type |
|
By Application |
|
By Companies | Evonik, Adisseo, Arkema, DowDuPont, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, Hubei Jinghong Chemical, Zibo Xinglu Chemical, Puyang Shenghuade Chemical, Wuhan Youji, Hubei Xinjing New Material |
Regions Covered |
|
Countries Covered |
|
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 120 |
Customization Available | Yes, the report can be customized as per your needs |
How do you conduct primary research interviews?
We use tools such as video conferences, telephone calls, face-to-face interviews, and questionnaires with key respondents.
What if the report I want is not listed in the repository of your reports?
Market Insights Reports has a repository of reports on various industry verticals and not all of them have been listed on the website. Please contact our sales team with your requirements.
Who are the key players in Acrolein Market?
Evonik, Adisseo, Arkema, DowDuPont, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, Hubei Jinghong Chemical, Zibo Xinglu Chemical, Puyang Shenghuade Chemical, Wuhan Youji, Hubei Xinjing New Material
What regions does this Acrolein Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Acrolein Market?
Methionine, Pesticide, Glutaraldehyde, Water Treatment Agent, Others
What are the major end-use applications of the Acrolein Market?
Propylene Oxidation Method, Glycerol Dehydration Method
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
GLOBAL ACROLEIN MARKET, BY TYPES
GLOBAL ACROLEIN MARKET, BY APPLICATION
GLOBAL ACROLEIN MARKET, BY REGION
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
Reach us with your research requirements and we shall provide the optimum solution to suit your needs.
Discounts available for multiple report purchases.