The new report by Expert Market Research titled, 'Global Acrylamide Monomer Market Report and Forecast 2021-2026', gives an in-depth analysis of the global acrylamide monomer market, assessing the market based on its segments like end uses and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view report summary : https://www.expertmarketresearch.com/reports/acrylamide-monomer-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 3.7 billion
- Forecast CAGR (2021-2026): 5%
- Forecast Market Size (2026): USD 7.9 billion
The Asia Pacific is the world's leading producer of acrylamide monomer, accounting for the majority of the product's global output. Some of the leading importers of acrylamide monomer are Germany, the United Kingdom, and France. China, Germany, the Netherlands, and the United States are the top exporters of the product. Because of China's limited enhanced oil recovery and fracking operations, acrylamide usage in the oil and gas industry is relatively low compared to other countries, thus, leading to lower domestic demand and higher export volume. However, with Chinese energy behemoths making progress by extracting natural gas from shale rock formations, the domestic demand for acrylamide monomers is expected to grow in China in the coming years.
Industry Definition and Major Segments
Acrylamide monomer, variously known as acrylic amide, is a colourless, odourless substance. Due to the hydration of acrylonitrile, acrylamide monomer is highly soluble in water, acetone, and alcohol. It is stable at room temperature and polymerises at its melting point.
Explore the full report with the table of contents : https://www.expertmarketresearch.com/reports/acrylamide-monomer-market
The acrylamide monomer market can be segmented by end use into:
- Waste and Wastewater Treatment
- Petroleum (Mostly Drilling Fluid)
By regions, the market can be divided into:
- North America
- Latin America
- Middle East and Africa
- Asia Pacific
The growing use of acrylamide monomer in end-use industries like gel electrophoresis, ore processing, tertiary oil refining, and dyes and plastics synthesis is driving the growth of the demand in the industry. The use of acrylamide monomer in polyacrylamide synthesis, which is then used in wastewater treatment, is one of the main drivers of market development. The acrylamide monomer market is expected to be further pushed forward in the coming years with developed countries focussing on the use of polyacrylamide in wastewater treatment. The compound is also used as a friction reducer in shale gas refineries; thus, the rising shale gas explorations are expected to catalyse the market growth. Acrylamide monomer is also used as a co-monomer in super-absorbent polymers and for a variety of other applications. The growing demand from these sectors is projected to propel the growth of the acrylamide monomer market.
Key Market Players
The major players in the market are BASF SE, Mitsui Chemicals, and Ashland, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:
cellulose gel market: https://www.expertmarketresearch.com/reports/cellulose-gel-market
cranberry extract market: https://www.expertmarketresearch.com/reports/cranberry-extract-market
desiccants market: https://www.expertmarketresearch.com/reports/desiccants-market
chocolate spread market: https://www.expertmarketresearch.com/reports/chocolate-spread-market
dichloroethane market: https://www.expertmarketresearch.com/reports/dichloroethane-market
disposable toothbrush market: https://www.expertmarketresearch.com/reports/disposable-toothbrush-market
dmdm hydantoin market: https://www.expertmarketresearch.com/reports/dmdm-hydantoin-market
eggshell membrane derivatives market: https://www.expertmarketresearch.com/reports/eggshell-membrane-derivatives-market
valeric acid market: https://www.expertmarketresearch.com/reports/valeric-acid-market
europe shrimp market: https://www.expertmarketresearch.com/reports/europe-shrimp-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client's unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Company Name: Expert Market Research
Contact Person:-Adam Lee, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Country: United States
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.