Global Acrolein Market 2024-2028
The acrolein market is forecasted to grow by USD 229.77 mn during 2023-2028, accelerating at a CAGR of 3.71% during the forecast period. The report on the acrolein market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing plastic and polymer industries, rising demand for acrolein in diapers and hygienic pads, and growing demand for acrolein in water treatment sector.
Technavio's acrolein market is segmented as below:
By Application
- Acrylic acid
- Methionine
- Biocides
By Type
- Propylene oxidation method
- Glycerol dehydration method
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing demand for methionine and acrylic acid as one of the prime reasons driving the acrolein market growth during the next few years. Also, enhanced sustainable acrolein production using new catalysts and development of acrolein as biomarker will lead to sizable demand in the market.
The report on the acrolein market covers the following areas:
- Acrolein market sizing
- Acrolein market forecast
- Acrolein market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading acrolein market vendors that include Arkema Group, Daicel Corp., Evonik Industries AG, Hubei Jinghong Chemical Co. Ltd., Hubei Shengling Technology Co. Ltd., Hubei Xinjing New Material Co. Ltd., Merck KGaA, Puyang shenghuade Chemical Co. Ltd., Wuhan Ruiji Chemical Co. Ltd., and Wuhan Youji Industries Co. Ltd.. Also, the acrolein market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.