Global Acrylamide Monomer Market Report and Forecast 2024-2032

Global Acrylamide Monomer Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global acrylamide monomer market is projected to grow at a CAGR of 9.5% between 2024 and 2032. Aided by the burgeoning need for waste and water treatment along with its versatile industrial applications, the market is expected to grow significantly by 2032.

Acrylamide monomer is an organic compound primarily used in the synthesis of polyacrylamides. These polymers are widely acknowledged in water treatment processes due to their role in coagulation and flocculation. Acrylamide's utility doesn't end here; it's an instrumental component in a plethora of industries ranging from paper and textile manufacturing to oil and gas, with applications in gel electrophoresis in the field of molecular biology.

One of the pivotal factors spearheading the global acrylamide monomer market growth is the intensifying need for water and wastewater treatment solutions. As urbanisation rates surge and industrial activities proliferate, the pressure on freshwater resources is mounting. Acrylamide-based polymers, given their efficiency in treating water, are experiencing amplified demand. With global communities moving towards sustainable water management practices, acrylamide's prominence in water treatment solutions has become inevitable.

Additionally, the widening applications of acrylamide monomer in diverse industrial spheres significantly bolsters the acrylamide monomer market outlook. In the paper industry, acrylamide is employed to enhance paper strength, while in the textile sector, it is used as a textile sizing agent and to produce soft-finish fabrics. Its role in oil recovery processes in the oil and gas sector cannot be overlooked, as it aids in enhancing the viscosity of the drilling fluid, optimising the drilling process.

Molecular biology is another sector reaping the benefits of acrylamide. Utilised in gel electrophoresis, acrylamide assists in the separation and analysis of proteins and nucleic acids, thereby aiding research endeavours. Its importance in deciphering molecular structures has fortified its position in the scientific community.

In the realms of environmental conservation, the importance of acrylamide in soil conditioning is gathering traction. As environmentalists and agriculturists search for solutions to combat soil erosion and improve water retention in arid regions, acrylamide-based grouting agents are emerging as saviours. These agents, when introduced to soil, enhance its porosity, thereby aiding water conservation efforts and improving agricultural yields.

Moreover, the rise of innovative applications, like its potential use in organic electronics and sensor technologies, paves the way for a greater acrylamide monomer market demand. As the world leans more towards technology-integrated solutions, the application base for acrylamide is set to expand, promising lucrative opportunities.

Market Segmentation

The market can be divided based on end use and region.

Market Breakup by End Use

• Waste and Wastewater Treatment
• Petroleum (Mostly Drilling Fluid)
• Pulp/Paper
• Mining
• Coating
• Printing/Dyeing
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global acrylamide monomer market. Some of the major players explored in the report by Expert Market Research are as follows:

• BASF SE
• Mitsui Chemicals, Inc.
• Ashland
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.