Acrolein Market Surges Towards a Valuation of US$ 1,687.9 million by 2023, Fueled by Robust Demand in Polyurethane Foams and Synthetic Fibers Manufacturing

Acrolein Market
Acrolein Market

Acrolein, a pungent and highly reactive compound, is a key intermediate in industrial processes. Primarily used in the production of acrylic acid and herbicides, its presence can be found in smoke and exhaust fumes. Despite its industrial importance, acrolein poses health risks, being a potent irritant to the eyes, skin, and respiratory system. Strict handling precautions are essential due to its toxic nature.

As per the recent research conducted by a leading market insights provider FMI, the global Acrolein market size will expand at a healthy CAGR over the forecast period between 2023 and 2033. The aim of this study is to analyze key market dynamics affecting the sales of Acrolein and provide vital insights to business owners to get benefited from forthcoming opportunities.

The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides refines sales projections and assist market players in identifying the remunerative segments among the verticals.

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Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Acrolein Market

Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.

Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Acrolein market.

Key Acrolein Market Takeaways and Projections

  • The US will lead the North America Acrolein market, projecting the fastest growth in the region between forecast period
  • Germany will collectively hold the largest share in the Europe market over the assessment period.
  • India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through forecast period.
  • China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
  • In terms of segments, will hold the lion’s share in the market, expanding at a robust CAGR during the next ten years.

Competitive Landscape Analysis

The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Acrolein market. It also profiles a list of prominent companies including

  • Evonik
  • Adisseo
  • Arkema
  • Dow
  • Daicel
  • Hubei Shengling Technology
  • Wuhan Ruiji Chemical
  • Hubei Jinghong Chemical
  • Zibo Xinglu Chemical
  • Puyang Shenghuade Chemical
  • Wuhan Youji
  • Hubei Xinjing New Material

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Key Segments Profiled in the Acrolein Industry Survey

By Type:

  • Propylene Oxidation Method
  • Glycerol Dehydration Method

By Application:

  • Methionine
  • Glutaraldehyde
  • Biocide
  • Chemical precursor
  • Herbicide
  • Fixative
  • Water Treatment Agent
  • Others

By End-Use:

  • Paints and Coatings
  • Polymer
  • Industrial Manufacturing
  • Other

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South Asia and Pacific
  • East Asia
  • Central Asia
  • Russia and Belarus
  • Balkan and Baltic Countries
  • Middle East and Africa

Why Buy FMI’s Report?

  • Extensive analysis on high growth niche markets across major regions
  • Detailed assessment on key segments and sub-segments
  • Recent and upcoming strategies tracked of manufacturers for the Acrolein market
  • Reliable information on new product launches, technological advancements, and more
  • Valuable insights on the impact of regulatory framework on the global Acrolein market

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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