According to IMARC Group’s latest report, titled “Acrylamide Monomer Market: Global Industry Trends, Share, Size, Growth, Forecast and Opportunity 2021-2026”, offers a comprehensive analysis of the industry, which comprises insights on the acrylamide monomer market trends.
The global acrylamide monomer market size reached 1.6 Million Tons in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Acrylamide monomer, also known as acrylic amide, propenamide, 2-propenamide, is a chemical compound that occurs as a white, crystalline solid or flake-like crystals. It is formed by the hydration of acrylonitrile and remains stable at room temperature. The thermal decomposition of acrylamide monomer expels carbon monoxide, carbon dioxide as well as nitrogen oxides. It is highly soluble in water, acetone and alcohol, lacks color and odor, and can polymerize at its melting point or under ultraviolet (UV) light.
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Acrylamide Monomer Market Trends:
The use of acrylamide monomer in polyacrylamide synthesis represents one of the primary factors bolstering the market. Polyacrylamide is an industrially important polymer used in the production of various compounds. In the paper manufacturing industry, polyacrylamide acts as a binder and retains pigments on paper fibers. It is also used in the wastewater industry for flocculating solids in sewage water. Consequently, due to the increasing environmental regulations mandating industrial and municipal plants to limit their waste, there has been a rise in the demand for polyacrylamide as dispersant and flocculant. Furthermore, there has been an increase in the consumption of acrylamide monomer in gel electrophoresis, ore processing, tertiary oil refinery, and the synthesis of dyes and plastics. Acrylamide monomer is also used as a friction reducer in shale gas refineries, as a co-monomer in superabsorbent polymers and for irrigation purposes in the agriculture sector.
Acrylamide Monomer Market Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the acrylamide monomer market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- SNF Group
- China National Petroleum Corporation
- Kemira
- Beijing Hengju Oilfield
- BASF
- Dia-Nitrix.
Key Market Segmentation:
The report has segmented the global acrylamide monomer market on the basis of end-use and region.
Breakup by End-Use:
- Waste and Wastewater Treatment
- Petroleum (Mostly Drilling Fluid)
- Pulp/Paper
- Mining
- Coating
- Printing/Dying
- Others
Breakup by Region:
- Asia
- United States
- Europe
- Middle East and Africa
- Others
Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/acrylamide-monomer-technical-material-market-report
Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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Article source: https://article-realm.com/article/Finance/37092-Acrylamide-Monomer-Market-Report-Size-Share-Trends-Growth-Analysis-and-Forecast-to-2026.html
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