Description
Acrylamide Market size was valued at USD 42.1 million in 2021, growing at a significant CAGR of 4.2% from 2022-2028. Acrylamide is mainly used to synthesize polyacrylamide in industries, which is primarily used for the treatment of effluent from industrial process and water treatment. Dyes and organic chemicals, permanent-press fabrics, paper and textile production, pulp and paper production, cosmetics and toiletries, contact lenses, sugar refining are majorly produced from acrylamide and polyacrylamide. It is also used as a chemical plaster for the construction of sewers, wells, reservoirs, and tunnels. These factors upsurges the growth of market. However, the carcinogenic attributes of acrylamide dampens the market. Key players in acrylamide market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global acrylamide market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global acrylamide market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global acrylamide market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global acrylamide products.
Key Developments:
September 27, 2018 – BASF and LetterOne signed a definitive transaction agreement to merge their respective oil and gas businesses in a joint venture, which will operate under the name Wintershall DEA.