Acrylamide Market Size, Share, Opportunities, And Trends By Application (Pulp & Paper Manufacturing, Enhanced, Oil Recovery, Cosmetics, Flocculent For Water Treatment, Others), And By Geography - Forecasts From 2023 To 2028

The Acrylamide Market is a global market that includes the production and sales of acrylamide, a chemical compound used in a wide range of industries, including water treatment, paper and pulp, and mining. Acrylamide is also used in the production of polymers, which are used in the manufacture of plastics, adhesives, and coatings. The market for acrylamide is expected to grow in the coming years, driven by increasing demand for acrylamide in various industries.

Key Drivers

• Increasing demand for water treatment chemicals

Acrylamide is used in the production of water treatment chemicals, which are used to purify water for consumption and industrial processes. The increasing demand for clean water for consumption and industrial processes is driving the growth of the water treatment chemicals market, which, in turn, is driving the growth of the acrylamide market. The use of acrylamide in the water treatment industry is expected to increase in the coming years as more countries adopt stricter regulations for water treatment.

• Growing demand for paper and pulp

Acrylamide is a key ingredient used in the production of paper and pulp, which are critical components of the paper products industry. The global demand for paper products is increasing, especially in developing countries, due to factors such as population growth, urbanization, and economic development. As a result, the increasing demand for paper products, particularly in developing countries, is expected to drive the growth of the acrylamide market in the coming years.

• Increasing demand for polymers

Acrylamide is used in the production of polymers, which are used in the manufacture of plastics, adhesives, and coatings. The increasing demand for polymers in various industries, including automotive, construction, and packaging, is driving the growth of the polymer industry, which, in turn, is driving the growth of the acrylamide market.

Key Developments

• In January 2023, BASF announced the expansion of its acrylamide production capacity at its Ludwigshafen site in Germany, to meet the growing demand for acrylamide in the water treatment, paper and pulp, and mining industries.

• In November 2022, SNF Group, a leading manufacturer of water treatment chemicals, announced the acquisition of Kemira's pulp and paper chemical business, which includes acrylamide products, to strengthen its position in the paper and pulp industry.

• In September 2022, Solenis, a leading producer of specialty chemicals, announced the launch of its new acrylamide-free sizing technology, which offers improved paper and board quality while eliminating the need for acrylamide in the production process.

Asia-Pacific to show higher growth

The Asia-Pacific (APAC) region is expected to witness the highest growth in the acrylamide market in the forecast period. Countries such as China, India, and Japan are at the forefront of industrial growth, including water treatment, paper and pulp, and mining industries, which are driving the growth of the acrylamide market in the region. The increasing demand for polymers in various industries, including automotive, construction, and packaging, is also driving the growth of the acrylamide market in the region. The APAC region is home to a large population, and the increasing demand for paper products and clean water for consumption and industrial processes presents a huge opportunity for the growth of the acrylamide market.

North America accounts for a notable share of the acrylamide market. The growth of the acrylamide market in North America is expected to continue in the forecast period, driven by the increasing demand for water treatment chemicals, paper and pulp, and polymers. The increasing adoption of advanced technologies and stringent environmental regulations in the region is driving the growth of the acrylamide market in North America.

Segmentation

• BY APPLICATION
  • Pulp & Paper Manufacturing
  • Enhanced Oil Recovery
  • Cosmetics
  • Flocculent for Water Treatment
  • Others
• BY GEOGRAPHY
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Taiwan
    • Others