Who are the key players in Acrylamide Market?

SNF Group, BASF SE, Mitsui Chemicals, Inc., Beijing Hengju Chemical Group Corporation and Ashland are the major companies operating in the Acrylamide Market. Read More

Which is the fastest growing region in Acrylamide Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Acrylamide Market?

In 2024, the Asia-Pacific accounts for the largest market share in Acrylamide Market. Read More

What years does this Acrylamide Market cover, and what was the market size in 2023?

In 2023, the Acrylamide Market size was estimated at 3.33 million tons. The report covers the Acrylamide Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Acrylamide Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Acrylamide Market Size

Market Size of Acrylamide Industry

Study Period	2019 - 2029
Base Year For Estimation	2023
CAGR (2024 - 2029)	4.81 %
Fastest Growing Market	North America
Largest Market	Asia-Pacific
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

Acrylamide Market Analysis

The Acrylamide Market size is estimated at 3.5 Million tons in 2024, and is expected to reach 4.43 Million tons by 2029, growing at a CAGR of 4.81% during the forecast period (2024-2029).

The COVID-19 pandemic impacted the market negatively in 2020. Owing to the pandemic, several countries worldwide witnessed lockdowns to help curb the spread of the virus. This completely disrupted the supply and demand chain, which negatively affected the market. The market later recovered and began growing at a significant rate.

The market is expected to grow in the short term because of the growing demand for enhanced oil recovery (EOR) processes, which use a lot of polyacrylamides. In the long run, the market may grow because of strict European water regulations, which use a lot of acrylamide in water treatment.
However, acrylamide is obtained through interactions with heated meals and cigarette smoke. The unfavorable health impacts of this exposure are projected to be a significant hurdle for the worldwide acrylamide industry.
Growing investments in water treatment in countries like China are expected to create immense opportunities for market growth.
Asia-Pacific accounted for a significant market share, followed by North America and Europe.

Acrylamide Industry Segmentation

Nitrile hydratase's hydrolysis of acrylonitrile results in the chemical compound known as acrylamide. Acrylamide is most commonly employed in industrial operations to produce polyacrylamides, which are water-soluble thickeners. Polyacrylamide accounts for approximately 90% of acrylamide's overall consumption. It is present in cigarette smoke. Acrylamide is formed during the heating of carbohydrates.

The acrylamide market is segmented by application and geography. By application, the market is segmented into flocculants for water treatment, enhanced oil recovery, pulp and paper manufacturing, and other applications (soil conditioning, ore processing, etc.). The report also offers market sizes and forecasts for 27 countries across major regions. For each segment, market sizing and forecasts were done on the basis of volume (tons).

By Application
		Flocculant for Water Treatment
		Pulp and Paper Manufacturing
		Enhanced Oil Recovery
		Other Applications

By Geography

Asia-Pacific
	China
	India
	Japan
	South Korea
	Thailand
	Indoneisa
	Vietnam
	Malaysia
	Rest of Asia-Pacific

North America
	United States
	Canada
	Mexico

Europe
	Germany
	United Kingdom
	France
	Italy
	Spain
	NORDIC
	Russia
	Turkey
	Rest of Europe

South America
	Brazil
	Argentina
	Colombia
	Rest of South America

Middle East and Africa
	Saudi Arabia
	South Africa
	United Arab Emirates
	Egypt
	Nigeria
	Qatar
	Rest of Middle East and Africa

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Acrylamide Market Size Summary

The acrylamide market is poised for growth, driven by increasing demand in various industrial applications. This linear polymer, known for its flocculation properties, is extensively used in wastewater treatment, particularly in enhancing sedimentation and water removal processes. The market's recovery post-COVID-19 disruptions is attributed to the rising need for enhanced oil recovery processes and stringent water treatment regulations, especially in Europe. The Asia-Pacific region, led by China, is expected to see significant market activity due to rising disposable incomes and substantial investments in water treatment infrastructure. The region's focus on improving wastewater management and the construction of extensive sewage collection networks are key factors contributing to the market's expansion.

Despite the positive growth trajectory, the acrylamide market faces challenges due to health concerns associated with its exposure through heated foods and cigarette smoke. These concerns could hinder market growth, although the demand for acrylamide in water treatment and industrial applications remains robust. The market is characterized by a few dominant players, including SNF Group, CNPC, BASF SE, and Mitsui Chemical Inc., who hold significant market shares. Recent developments, such as the production of biocatalysts for acrylamide production and advancements in acrylamide-reducing technologies, indicate ongoing innovation and adaptation within the industry. These factors collectively suggest a promising outlook for the acrylamide market over the forecast period.

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Acrylamide Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Drivers
  1. 1.1.1 Rising Use for Enhanced Oil Recovery in Petroleum Industry
  2. 1.1.2 Increased Demand from Paper Mills
2. 1.2 Restraints
  1. 1.2.1 Strigent Regulations towards the Usage of Acrylamide owing to its Toxicity
  2. 1.2.2 Other Restraints
3. 1.3 Industry Value Chain Analysis
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Buyers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products
  5. 1.4.5 Degree of Competition
2. MARKET SEGMENTATION (Market Size in Volume)
1. 2.1 By Application
  1. 2.1.1 Flocculant for Water Treatment
  2. 2.1.2 Pulp and Paper Manufacturing
  3. 2.1.3 Enhanced Oil Recovery
  4. 2.1.4 Other Applications
2. 2.2 By Geography
  1. 2.2.1 Asia-Pacific
    1. 2.2.1.1 China
    2. 2.2.1.2 India
    3. 2.2.1.3 Japan
    4. 2.2.1.4 South Korea
    5. 2.2.1.5 Thailand
    6. 2.2.1.6 Indoneisa
    7. 2.2.1.7 Vietnam
    8. 2.2.1.8 Malaysia
    9. 2.2.1.9 Rest of Asia-Pacific
  2. 2.2.2 North America
    1. 2.2.2.1 United States
    2. 2.2.2.2 Canada
    3. 2.2.2.3 Mexico
  3. 2.2.3 Europe
    1. 2.2.3.1 Germany
    2. 2.2.3.2 United Kingdom
    3. 2.2.3.3 France
    4. 2.2.3.4 Italy
    5. 2.2.3.5 Spain
    6. 2.2.3.6 NORDIC
    7. 2.2.3.7 Russia
    8. 2.2.3.8 Turkey
    9. 2.2.3.9 Rest of Europe
  4. 2.2.4 South America
    1. 2.2.4.1 Brazil
    2. 2.2.4.2 Argentina
    3. 2.2.4.3 Colombia
    4. 2.2.4.4 Rest of South America
  5. 2.2.5 Middle East and Africa
    1. 2.2.5.1 Saudi Arabia
    2. 2.2.5.2 South Africa
    3. 2.2.5.3 United Arab Emirates
    4. 2.2.5.4 Egypt
    5. 2.2.5.5 Nigeria
    6. 2.2.5.6 Qatar
    7. 2.2.5.7 Rest of Middle East and Africa