Market Overview:
The global acrylaldehyde market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for methionine, pesticides, and gluataraldehyde. Additionally, rising demand for water treatment agents is also contributing to the growth of the global acrylaldehyde market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period. On basis on type, propylene oxidation method segment accounted for major share in terms revenue in 2017 and is projected to maintain its dominance throughout forecast period owing high adoption rate across various applications such as methanine production and others .
Product Definition:
Acrylaldehyde is a colorless liquid with an unpleasant odor. It is used in the manufacture of acrylic acid and other acrylic esters, which are then used to make plastics, paints, and adhesives.
Propylene Oxidation Method:
The global propylene oxidation method market size was valued at USD 1.5 billion in 2015 and is expected to witness significant growth over the forecast period on account of its increasing application in acrylic acid production. The method is considered as a cost-effective process for manufacturing acrylaldehyde, which has a high demand from end-use industries such as paints & coatings, plastics, rubber processing and chemical synthesis among others.
Glycerol Dehydration Method:
The glycerol method is a dehydration process used to produce poly (vinyl alcohol) and it's by-product acrylaldehyde. The dehydration can be carried out in different ways, one of which is the use of glycerol as a dehydrating agent. This method has been around for quite some time and was first patented in 1881 by Auguste Doin.
Application Insights:
Methionine was the largest application segment in 2017 and accounted for a market share of over 40% in terms of revenue. Methionine is an amino acid that is used as a dietary supplement and also occurs naturally in meat, fish, eggs, dairy products & vegetables. The global methionine market has witnessed significant growth due to its use as a nutritional supplement by bodybuilders & athletes. Rising demand for sports nutrition supplements coupled with high product consumption globally has led to increased Acrylaldehyde consumption across the globe.
Pesticides were one of the fastest growing segments owing to increasing demand from countries such as India & China where agriculture plays an important role in national economies along with regional importance across other regions such as North America and Europe which further boosts industry growth worldwide.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a significant share of global population and has been witnessing rapid growth in industrial sector, which is likely to boost demand for acrylaldehyde across several industries including paints & coatings, pharmaceuticals, agrochemicals, food processing & packaging.
China emerged as a major consumer owing to increasing production of methanol and pesticides. In addition, growing demand from end-use industries such as agrochemicals will drive product consumption over the coming years. North America accounted for more than 20% of total market volume in 2016 due to high awareness regarding environment protection coupled with stringent regulations by Environment Protection Agency (EPA) pertaining methanol production methods that have driven industry participants toward development of eco-friendly products thereby boosting regional growth considerably over past few years.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and furniture owing to its properties such as durability, weather resistance and low cost.
- Rising demand for acrylic adhesives in the Asia Pacific region on account of increasing infrastructure development activities and growing automotive industry.
- Growing use of acrylic resins in medical applications due to their biocompatibility properties.
- Technological advancements that have led to the development of new products with better performance characteristics which is expected to boost the market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Acrylaldehyde Market Research Report
By Type
Propylene Oxidation Method, Glycerol Dehydration Method
By Application
Methionine, Pesticides, Glutaraldehyde, Water Treatment Agent, Others
By Companies
Evonik, Adisseo, Arkema, Dow, Daicel, Hubei Shengling Technology, Hubei Jinghong Chemical, Shandong Xinglu Biological, Puyang Shenghuade Chemical, Wuhan Youji, Evonik
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Acrylaldehyde Market Report Segments:
The global Acrylaldehyde market is segmented on the basis of:
Types
Propylene Oxidation Method, Glycerol Dehydration Method
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Methionine, Pesticides, Glutaraldehyde, Water Treatment Agent, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Evonik
- Adisseo
- Arkema
- Dow
- Daicel
- Hubei Shengling Technology
- Hubei Jinghong Chemical
- Shandong Xinglu Biological
- Puyang Shenghuade Chemical
- Wuhan Youji
- Evonik
Highlights of The Acrylaldehyde Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Propylene Oxidation Method
- Glycerol Dehydration Method
- By Application:
- Methionine
- Pesticides
- Glutaraldehyde
- Water Treatment Agent
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Acrylaldehyde Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Acrylaldehyde is a chemical compound with the molecular formula C10H8O2. It is a colorless liquid that has a strong odor. Acrylaldehyde is used in manufacturing plastics, resins, and other materials.
Some of the key players operating in the acrylaldehyde market are Evonik, Adisseo, Arkema, Dow, Daicel, Hubei Shengling Technology, Hubei Jinghong Chemical, Shandong Xinglu Biological, Puyang Shenghuade Chemical, Wuhan Youji, Evonik.
The acrylaldehyde market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acrylaldehyde Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Acrylaldehyde Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acrylaldehyde Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Acrylaldehyde Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Acrylaldehyde Market Size & Forecast, 2018-2028
4.5.1 Acrylaldehyde Market Size and Y-o-Y Growth
4.5.2 Acrylaldehyde Market Absolute $ Opportunity
Chapter 5 Global Acrylaldehyde Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Acrylaldehyde Market Size Forecast by Type
5.2.1 Propylene Oxidation Method
5.2.2 Glycerol Dehydration Method
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acrylaldehyde Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Acrylaldehyde Market Size Forecast by Applications
6.2.1 Methionine
6.2.2 Pesticides
6.2.3 Glutaraldehyde
6.2.4 Water Treatment Agent
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acrylaldehyde Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acrylaldehyde Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Acrylaldehyde Analysis and Forecast
9.1 Introduction
9.2 North America Acrylaldehyde Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Acrylaldehyde Market Size Forecast by Type
9.6.1 Propylene Oxidation Method
9.6.2 Glycerol Dehydration Method
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Acrylaldehyde Market Size Forecast by Applications
9.10.1 Methionine
9.10.2 Pesticides
9.10.3 Glutaraldehyde
9.10.4 Water Treatment Agent
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Acrylaldehyde Analysis and Forecast
10.1 Introduction
10.2 Europe Acrylaldehyde Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Acrylaldehyde Market Size Forecast by Type
10.6.1 Propylene Oxidation Method
10.6.2 Glycerol Dehydration Method
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Acrylaldehyde Market Size Forecast by Applications
10.10.1 Methionine
10.10.2 Pesticides
10.10.3 Glutaraldehyde
10.10.4 Water Treatment Agent
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Acrylaldehyde Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acrylaldehyde Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Acrylaldehyde Market Size Forecast by Type
11.6.1 Propylene Oxidation Method
11.6.2 Glycerol Dehydration Method
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Acrylaldehyde Market Size Forecast by Applications
11.10.1 Methionine
11.10.2 Pesticides
11.10.3 Glutaraldehyde
11.10.4 Water Treatment Agent
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Acrylaldehyde Analysis and Forecast
12.1 Introduction
12.2 Latin America Acrylaldehyde Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Acrylaldehyde Market Size Forecast by Type
12.6.1 Propylene Oxidation Method
12.6.2 Glycerol Dehydration Method
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Acrylaldehyde Market Size Forecast by Applications
12.10.1 Methionine
12.10.2 Pesticides
12.10.3 Glutaraldehyde
12.10.4 Water Treatment Agent
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Acrylaldehyde Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acrylaldehyde Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Acrylaldehyde Market Size Forecast by Type
13.6.1 Propylene Oxidation Method
13.6.2 Glycerol Dehydration Method
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Acrylaldehyde Market Size Forecast by Applications
13.10.1 Methionine
13.10.2 Pesticides
13.10.3 Glutaraldehyde
13.10.4 Water Treatment Agent
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acrylaldehyde Market: Competitive Dashboard
14.2 Global Acrylaldehyde Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Evonik
14.3.2 Adisseo
14.3.3 Arkema
14.3.4 Dow
14.3.5 Daicel
14.3.6 Hubei Shengling Technology
14.3.7 Hubei Jinghong Chemical
14.3.8 Shandong Xinglu Biological
14.3.9 Puyang Shenghuade Chemical
14.3.10 Wuhan Youji
14.3.11 Evonik
