India Acrylamide Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Product Type (Acrylamide Water Solution and Acrylamide Crystals) and Application (Water and Wastewater Treatment, Enhanced Oil Recovery, Cosmetics, Paper Manufacturing, Che

India Acrylamide Market Forecast to 2028 - COVID-19 Impact and Country Analysis By Product Type (Acrylamide Water Solution and Acrylamide Crystals) and Application (Water and Wastewater Treatment, Enhanced Oil Recovery, Cosmetics, Paper Manufacturing, Chemical Intermediates, Textiles, and Others)

The India acrylamide market is expected to grow from US$ 37.94 million in 2021 to US$ 72.49 million by 2028; it is estimated to reach a CAGR of 9.7% from 2021 to 2028.

Acrylamide is used to manufacture acrylamide polymer (polyacrylamide), which acts as a flocculent in wastewater treatment. It coagulates the organic matter that can be removed by filtration. Moreover, it removes metallic ions from their corresponding metal salt solution in industrial wastewater. Acrylamide polymer is used in municipal water treatment plants, sewage treatment plants, industrial water treatment units, and reverse-osmosis systems. The increasing focus on municipal and industrial wastewater treatment is driving the demand for acrylamides in the country.

Based on application, the India acrylamide market is segmented into water and wastewater treatment, enhanced oil recovery, cosmetics, paper manufacturing, chemical intermediate, textiles among others. In 2020, the water and wastewater treatment segment accounted for the largest revenue share. Strong economic growth, rising population, and rapid urbanization led to rising drinking water consumption and wastewater generation in India. According to the Central Pollution Control Board (CPCB), per capita wastewater generated by India's class-I and class-II cities and towns, that account for more than 70% of the country's urban population, is estimated to consume ~98 liters per capita per day (lpcd). Acrylamide polymer is used in municipal water treatment plants, sewage treatment plants, industrial water treatment units, and reverse-osmosis systems. The increasing focus on municipal and industrial wastewater treatment is driving the demand for acrylamide in the country.

The personal care industry in India is rapidly growing due to the rising national middle-income population, increasing per capita income, improving living standards, and growing number of working women. With the growth of the personal care industry in India, the demand for polyacrylamide is also expected to increase as it is widely used in various personal care products and cosmetics. Polyacrylamide, a polymer of acrylamide, is significantly used in several personal care and cosmetic products, including moisturizers, lotions and creams, skin cleansers, sunscreens, makeup products, nail care products, and hair care products. It acts as a stabilizer, binding agent, and rheology modifier in water-based cosmetic formulations. Thus, the growing applications of polyacrylamide across the industry are projected to boost the demand for acrylamide during the forecast period.

A few of the key players operating in the India acrylamide market include INEOS, Ashland Global Holdings Inc., SNF, Kemira Oyj, BASF SE, Black Rose Industries Ltd, Mitsui Chemicals India Pvt. Ltd., Solvay S.A., NUOER GROUP, and EMCO Dyestuff. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers’ requirements.

The overall India acrylamide market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the India’s acrylamide market.

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Highlights key business priorities to assist companies realign their business strategies.
Features key findings and crucial progressive industry trends in the India acrylamide market, thereby allowing players to develop effective long-term strategies.
Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
Scrutinizes in-depth market trends as well as key market drivers and restraints.
Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.

The List of Companies - Acrylamide Market

1. INEOS Styrolution India Limited
2. Ashland Global Holdings Inc.
3. SNF
4. Kemira Oyj
5. BASF SE
6. Black Rose Industries Ltd
7. Mitsui Chemicals India Pvt. Ltd.
8. Solvay S.A.
9. NUOER GROUP
10. EMCO Dyestuff