+1 915 229 3004 (U.S.) | 
+44 7452 242832 (U.K.)
+1 915 229 3004 (U.S.) | +44 7452 242832 (U.K.)
According to RESEARCH LAYER, the global Acrolein Market size is expected to reach USD 1298.2 Billion by 2030 with a CAGR rate of 4.3% during the projected period.
One of the crucial intermediaries in the chemical industry, acrolein is widely utilised in the synthesis of organic compounds and the manufacturing of resin. It is mostly used to create acrylic acid. It is created by catalytically oxidising propylene. Due to the reaction's strong exothermic potential, thermal runaway or catalyst sintering issues could arise. Therefore, in industrial manufacturing, it is often done in a multi-tubular fixed-bed reactor. Polyurethanes, polyester resins, acrylic acid, acrylonitrile, and PG are all made with acrolein. The industrial production of acrylic acid (AAc) involves the oxidation of propene. Acrylic acid and its esters are used to create a variety of copolymers or homo-polymers that are used in the production of coatings, plastics, elastomers, adhesives, polymer dispersions for coatings and paints, superabsorbent materials, paper, textiles, and water treatment. This water-soluble, non-corrosive, and oil-soluble biocide has good oil solubility, which enables it to penetrate biofilms and oil-coated surfaces and effectively target sessile bacteria. On the long run, all of this is anticipated to boost market expansion. The growing usage of acrolein in the agrochemicals, engineering plastic, and polymer industries will also have an impact on the demand for acrolein markets.
Download Free Report Sample to learn more about this report.
The pandemic of coronavirus has affected every perspective of life globally. The chemical enterprise is no stranger to disruption, from trade policy conflict to the economic crisis. Yet COVID-19 is unprecedented in its effect, constructing a universal crisis for management and companies thereby taking instantaneous action to rescue the market. As COVID-19 continued with lockdowns in a number of nations, the chemical enterprise embraced their ways by managing production and managed employees in their company operating remotely and feasible. The companies that grew struck a right balance between social distancing and keeping factories running to deliver the basic necessities for society, in the paint, animal feed, and other sectors that need the acrolein for product manufacturing.
COVID-19 has affected many established beliefs, affected the value chains, pushed governments into action, and affected consumer behaviors. Chemical and industry materials enterprise has been affected due to long-term, ongoing trends, like the practice of feedstocks, an evolutionary ideal form of advancements, and the cumulative capacity assets that move the enterprise to unexplored areas, and balance financial processes. Factories recognize the benefit of e-mobility which is faster than originally planned, and are fast-forwarding the overtaking their fields towards similarly powered models. As for the supply chain, the changes have affected the product segmentation in numerous chemical factories.
Acrolein Market Driver:
Utility of Acrolein in Oilfield Applications
Acrolein integrated products are most suited for offshore usage and application. Along with the benefits provided by proper implementation and design of an offshore Acrolein- treatment program it also has high degree of reactivity of Acrolein with contaminants of oilfield; the solubility of Acrolein in both water and oil, enables the penetration of biofilms and oil-wet solids. This cost-effective bacterial treatment is afforded to the producer as well as the transportation which is expected to propel the demand.
The application equipment processes, design, along with the procedures used by some of the Acrolein service providers is expected to attract more and more oilfield owners/ companies to use the Acrolein based products to get rid of bacterial activity and biogenic. This is expected to propel the demand for the acrolein market in the long run.
Rising use of Acrolein as a Chemical Precursor
The use of Acrolein as a precursor in the manufacture of numerous products, such as d,l-methionine, used as an additive in animal feeds, and as acrylic acid when directly oxidized it is used to form polymers, which is eventually used in making the paints, plastics, adhesives and polishers. Moreover, rising use of acrylic acid as superabsorbent polymers is expected to drive the growth for the market. This makes it an ideal choice for the use in water-absorbing applications, like baby nappies, absorbent medical dressings, adult incontinence pads and controlled release drugs. Additionally, adult incontinence products are used in hospitals and nursing homes to provide considerable advantages for both patients and nursing staff. The market for incontinence products has grown considerably owing to the surging popularity of in home care in developed regions. All this is anticipated to constitute growth for the acrolein market in the long run.
Acrolein Market Opportunity:
Rising Research & Development Activities and Inclination towards Sustainable Approach Might Prove to be a Potential Opportunity for Acrolein Manufacturers
Acrolein, also known as acrylaldehyde, acraldehyde, or 2-propenal, is a soluble liquid that ranges in colour from white to yellowish and has a strong aroma that smells a lot like burned fat or grease. It is produced commercially from propylene and is used to make acrylic plastics, paints, and adhesives as well as an intermediate building block for other chemicals like acrylic acid. The use of Acrolein is gaining huge importance in the market due to its various applications but in coming years due to stringent government regulation Bio-Acrolein is gaining huge importance. Sustainable approach is being taken by various regions to cope up with the problem of depleting crude oil sources estimated in the near future. In order to reduce the dependence on natural resources, biobased glycerol is now used as an alternative feedstock to produce acrolein. In order to get better acrolein yields, new catalysts are also used. As a result, it is anticipated that the markets for biobased glycerol and catalyst will grow during the forecast period, which presents a business opportunity for areas with diminishing oil supplies. Sustainable solutions is necessary as per the current government regulation hence Bio-Acrolein might boost the acrolein market in coming years.
As Acrolein is majorly used in producing acrylic acid which then is used in manufacturing polymers is generating huge opportunity for key manufacturing companies. Emulsifiers, coatings, and adhesives are mostly made with acrylic acid polymers. Additionally, they serve as extremely absorbent materials in sanitary pads and diapers. Acrolein is used directly as a speciality chemical like a biocide. This biocide with an acrolein base is used to manage weed growth in irrigation canals, including submerged and floating weeds. It is also used as a biocide, a scavenger for hydrogen sulfide, and in the oil industry in drilling waters.
The global Acrolein Market has been segmented based on Product Type, Application, device usage, end use, and region/country.
Based on the Product Type, the acrolein market has been segmented into Glycerol Dehydration Method, Propylene Oxidation Method. Glycerol Dehydration Method dominated the segment owing to its used as an alternative feedstock for producing Acrolein.
Based on the Application, the market has been segmented into Glutaraldehyde, Methionine, Pesticide, Water Treatment Agent, and Others. Water Treatment Agent dominated the segment owing to oil wells, cooling water towers, water treatment ponds, and tanks, etc. benefit from its biocide property by eliminating or limiting microbial growths.
Based on the Sales Channel, the Acrolein Market has been segmented into Online, Offline.
The global Acrolein Market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Download Free Report Sample to learn more about this report.
The geographic analysis of the global acrolein market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
In terms of revenue, the North American market is anticipated to dominate the international market throughout the forecast period. The export and commerce of acrolein from the United States is projected to rapidly increase between 2021 and 2028 due to the region's thriving intermediate chemicals sector. Revenue growth in this geographical market is also being influenced by the fact that the United States is the top importer of acrolein biocide.
Revenue from the global market is expected to rise at a faster rate in Asia Pacific than in any other region between 2021 and 2028 because of the area's booming plastics industry. Some of the other main variables that are predicted to continue to open up profitable prospects for large manufacturers to acquire a solid footing in the region include the fast increasing paints and polymer markets, as well as low labour and manufacturing costs.
Download Free Report Sample to learn more about this report.
Acrolein Market Key Players:
The key players in the global Acrolein Market are Evonik, Adisseo, Arkema, Dow, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, Hubei Jinghong Chemical, Zibo Xinglu Chemical, Puyang Shenghuade Chemical, Wuhan Youji and Hubei Xinjing New Material among others.
Report Overview:
This study estimates revenue growth at global, regional, and country levels and offers an overview of the latest developments in each of the sub-sectors from 2023 to 2030. For this analysis, RESEARCH LAYER segmented the global Acrolein Market has based on component, communication infrastructure, device usage, end use, and region/country.
· Potential Investors
· Regulatory & Government Bodies
· Research & Consulting Firms
· Upstream & Downstream Vendors
· End Users
· Others
Report Scope
The global Acrolein Market is expected to exhibit 1298.2% during the projected period.
Asia Pacific region can dominate the global Acrolein Market in 2030.
The glycerin dehydration method segment is expected to be lucrative for the market during the forecast period.
Water treatment agent is expected to be the largest contributor to the Acrolein Market by 2030.
Evonik, Adisseo, Arkema, Dow, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, Hubei Jinghong Chemical, Zibo Xinglu Chemical, Puyang Shenghuade Chemical, Wuhan Youji, and Hubei Xinjing New Material among others are the key companies of the global Acrolein Market.
Report Code :
RL6524
Published on :
Dec 2022
Request a Free Sample Report
Speak to Analyst