Acrylamide Market

Acrylamide Market Size, Trends & Forecast (2019 - 2025)

According to the Research Report, the Global Acrylamide Market Size is expected to grow at a CAGR of xx% in the forecast period 2019 - 2025.

Acrylamide is often used in the water treatment industry. Therefore, the global acrylamide market is characterized by strict environmental regulations for wastewater disposal. The demand for acrylamides from the oil and gas sector is also high due to the improved demand for oil. It is expected that the growing oil industry will also be one of the main drivers of growth in the acrylamide market over the forecast period. China currently has a significant market share and will continue to be the largest buyer of acrylamide.

Growth Drivers and Restraints:

• In the coming years, the global acrylamide market is expected to grow strongly with the expansion of oil and gas activities and the growing demand for wastewater and water treatment.

• Wastewater and water treatment is expected to be a larger segment of the global acrylamide market per application by value and volume.

• In addition, there are some stringent laws on wastewater treatment developed by the governments of the developed regions, which makes the use of acrylamide all the more important.

• Worldwide, the widespread use of acrylamide to treat wastewater should provide a solid foundation for the global acrylamide market.

• Increased demand for the Advanced Oil Recovery process is expected to stimulate the growth of the acrylamide market, as polyacrylamide is widely used in this process.

With the use of acrylamide, unconventional gases can be economically recovered by hydraulic fracturing. With the US spending $ 71.1 billion on new shale gas capacity by 2020, global demand for acrylamide could increase significantly due to the need for hydraulic fracking operations. Although Europe has a remarkable number of shale gas reserves, there is still a plethora of them around the world. As fracking applications increase internationally, it is expected that consumption in the global acrylamide market will increase exceptionally, supported by increased shale gas production activity.

This research report includes the following segmentation for Acrylamide Market:

Acrylamide Market - By Application

• Flocculent for Water Treatment
• Pulp & Paper Manufacturing
• Enhanced Oil Recovery
• Others

Acrylamide Market – By End User

• Water treatment
• Oil and gas
• Paper and pulp
• Food packaging
• Cosmetics
• Others

On the basis of End-user, The water treatment segment accounts for the largest share of the global acrylamide market, followed by the oil and gas industry.

Acrylamide Market – By Region

• North America                                                

  • United States                               
  • Canada                                         

• Europe                                                                                  

  • United Kingdom                                           
  • Germany                                      
  • France                                          
  • Italy                               
  • Spain                                             

• Asia-Pacific                                                     

  • China                                            
  • India                                             
  • Japan                                            
  • South Korea                                 

• Latin America                                                                             

  • Brazil                                            
  • Argentina                                     
  • Mexico                                          

• Middle-East & Africa                                                      

  • Middle-East
  • Africa

Regionally, the global acrylamide market is geographically organized into seven regions: North America, Latin America, Middle East and Africa, Japan, Asia-Pacific, Western Europe, and Eastern Europe. China currently has a significant market share and will continue to be the largest buyer of acrylamide during the forecast period. The acrylamide market in the United States ranks second, followed by Western Europe. The Asia-Pacific region should grow moderately during the forecast period. Growing income in developing countries is driving demand for convenience products, contributing to the growth of the global acrylamide market.

Some of the Prominent Companies leading the Global Acrylamide Market  Profiled in the Report are:

1. Cytec Industries Incorporated

2. The Dow Chemical Company

3. National Aluminium Company Limited

4. Ashland Inc.

5. Mitsui Chemicals

6. Zhejiang Xinyong Biochemical Co.,Ltd.

7. Yongsan Chemicals, Inc.