Global Acrylamide Monomer Market to Reach 1.7 Million Tons by 2024


Posted August 28, 2019 by mattjohnsonreal

Acrylamide monomer, also known as Acrylamide, is a water-soluble vinyl monomer formed by the hydration of acrylonitrile. It has the chemical formula C3H5NO and is colourless, odourless and crystalline in form.
 
It is used in the production of polyacrylamide, methylolacrylamide and other monomers. They are further used for a variety of applications ranging from use in adhesives to leather processing. One of the largest end-uses of acrylamide monomer is in waste and wastewater treatment. Some of the other end-uses include enhanced oil recovery, papermaking, ore processing, erosion control, portable water treatment, textile manufacturing, food additives, etc.

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As a result of increasing environmental concerns, various governments have implemented stringent regulations regarding the treatment of industrial and residential wastewater which is expected to drive the demand for acrylamide monomer. Another major factor is the growth of various end-use industries of acrylamide monomer such as mining, paper and pulp, petroleum, etc. Out of these, the enhance oil recovery market is projected to witness the strongest growth, thereby, driving the demand for acrylamide monomer. According to a new report by Expert Market Research, the global acrylamide monomer market reached a volume of 1.5 Million Tons in 2018 and is further expected to reach a volume of around 1.7 Million Tons by 2024.

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Key findings from the report:

* The major end-use industries of acrylamide monomer are waste and wastewater treatment, petroleum, paper and pulp, mining, coating, and printing and dying. Waste and wastewater treatment accounted for the largest share in 2018.
* Region-wise, China represented the largest consumer of acrylamide monomer accounting for the majority of the total global consumption. The increasing water management and enhanced oil-recovery activities are driving the demand for acrylamide monomer in this region.
* Other major consumers of acrylamide monomer are West Europe, the United States and Asia (excluding China).
* Some of the key players operating in the global acrylamide monomer market include SNF Group, China National Petroleum Corporation, Kemira, Beijing Hengiu Oilfield and BASF.
* Expert Market Research has analysed the global acrylamide monomer market according to end-use, major regions and top players:

Market breakup by Application:

* Waste and Wastewater treatment
* Petroleum
* Pulp/Paper
* Mining
* Others

Market breakup by Region:

* North America
* Europe
* Asia
* Others

Top players:

* SNF Group
* China National Petroleum Corporation
* Kemira
* Beijing Hengiu Oilfield
* BASF

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Last Updated August 28, 2019