Acrolein Market Size, Growth Drivers, Demand and Future Opportunities and Forecast Period


Posted July 5, 2024 by Niraj1

Acrolein Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period
 
The acrolein market was estimated to be worth USD 1.4 billion globally in 2022, and over the course of the projected period, a CAGR of 3.2% is anticipated. The market is expanding due to rising demand from end-use industries. Acrolein is becoming more and more in demand for the production of resins, synthetic fibers, and polyurethane foam. It is an organic chemical that is extremely reactive and poisonous. It is extensively employed in the synthesis of many compounds.

The market is expanding significantly due to the booming healthcare sector and ongoing technological improvements. Growing industrialization and urbanization are major factors propelling market expansion. Excellent employee and consumer experiences are largely propelling the market's expansion.

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Growth Drivers
Growing industrialization and urbanization are major factors propelling market expansion. Growth in the market is being driven by rising demand from a variety of industries. Acrylic acid, glycerol, and other compounds are made from acrolein. The market is expanding due to its use as a biocide in the extraction of oil and gas, as well as its use in the manufacturing of chemicals, herbicides, and water treatment.
Market expansion is being aided by improvements in production techniques, such as the catalytic oxidation of propylene, increased efficiency, and lower costs. The market is expanding as a result of regulations that support the use of acrolein in water treatment and industrial applications since it has a lesser environmental impact than alternatives.
The market is expanding dramatically due to the growing need for acrolein in chemical industries and agriculture to protect crops from bacteria and weeds. Significant market expansion is being driven by rising demand for herbicides and insecticides to assure higher crop yields. Another important factor is the rising demand for water filtration.
Segmentation
By Type
· Propylene Oxidation Method
· Glycerol Dehydration Method
By Application
· Methionine
· Biocide
· Glutaraldehyde
· Chemical Precursor
· Herbicide
· Fixative
· Water Treatment Agent
· Others
By End-Use
· Paints and Coatings
· Polymer
· Industrial Manufacturing
· Others
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· Dow Chemical Co.
· Eastman Chemical Co.
· Merck KgaA
· Wuhun Ruiji Chemical Co. Ltd.
· Farmosa Plastics Corporation
· Arkema SA
· Nantong Acetic Acid Chemical Co. Ltd.
· Evonik Industries AG
· BASF SE
· Other Players
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xResearch is a market research and consulting organization that uses unique data, expert analysis, and new technologies to create trusted intelligence on industries. Our research is focused on delivering an informed and impartial view on essential market data of industry, and it is primarily driven by an in-depth study covering the following parameters: Market Sizing and Forecasting, Market Segmentation, Competitive Analysis, Strategic Assessment and Business Modelling.

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Categories Business , Construction , Manufacturing
Tags acrolein market , acrolein market size , acrolein market news , acrolein market growth
Last Updated July 5, 2024