The demand for acrolein market on a global scale is projected to soar, reaching a significant market valuation of US$ 1,231.9 million by the conclusion of 2023. This growth trajectory is set to accelerate further, with a steady Compound Annual Growth Rate (CAGR) of 3.2% forecasted throughout the period spanning from 2023 to 2033. The burgeoning acrolein market owes its rapid expansion to various factors, chief among them being the escalating need for this compound in the production processes of polyurethane foams, synthetic fibers, and resins.
Acrolein, renowned for its high reactivity and toxicity, serves as a key ingredient in the manufacturing of several chemicals, including glycerine, acrylic acid, and methionine. Its versatile utility across diverse industrial sectors underscores its indispensable role in modern production processes. As industries continue to innovate and evolve, the demand for acrolein is expected to persistently rise, reflecting a dynamic market landscape characterized by continual expansion and exploration of new applications.
Request Your Sample and Stay Ahead with Our Insightful Report!
https://www.futuremarketinsights.com/reports/sample/rep-gb-12197
Market Dynamics
- Bio-based glycerol is increasingly emerging as a promising alternative feedstock for the production of acrolein, owing to its favorable chemical properties and economic viability. Traditionally sourced as a by-product from triglyceride processes like hydrolysis for fatty acid production and trans-esterification to generate biodiesel, glycerol serves as a staple feedstock due to its widespread availability and commercial feasibility.
The utilization of glycerol as a starting point for acrolein production offers compelling economic advantages, facilitated by its low raw material costs and promising economic returns. Acrolein, a versatile compound utilized across industrial and agricultural sectors, serves as a crucial chemical intermediate. Leveraging glycerol in the production process not only presents a pragmatic solution but also addresses concerns regarding the depletion of fossil fuels. - Acrolein stands out as a highly potent biocide, surpassing oxidizing biocides due to its rapid deactivation by sodium sulfite before discharge into water bodies. Its efficacy lies in its ability to target and modify protein groups as well as disrupt enzyme production mechanisms. Widely utilized as a pesticide, acrolein serves as an effective control measure against mollusks, weeds, pathogens, and algae.
In the realm of agriculture, aquatic weeds pose a significant challenge by impeding water flow in irrigation channels. Addressing this issue often involves employing acrolein-based herbicides, particularly for weed control in supply lines. This method proves effective in mitigating the reduced delivery capacity and pump obstructions caused by these aquatic nuisances. - Acrolein presents significant health risks, provoking irritation to mucous membranes, skin, and eyes upon contact. Inhalation of acrolein may lead to pulmonary edema and respiratory distress, while direct exposure to the skin or eyes can result in chemical burns, itchiness, and tearing. Individuals with preexisting respiratory conditions or skin disorders may experience heightened susceptibility to the adverse effects of acrolein exposure.
The pronounced health concerns associated with acrolein are anticipated to impede market growth during the forecast period. These health-related considerations underscore the importance of stringent safety protocols and regulatory measures to mitigate risks associated with its usage. As awareness of these health hazards grows, stakeholders across industries may seek alternative solutions, thereby impacting the demand for acrolein in various applications.
Top Key Players
- 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
Elevate Your Business Strategy! Purchase the Report for Market-Driven Insights!
https://www.futuremarketinsights.com/checkout/12197
Acrolein Market Segmentation
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
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 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
