The global demand for Acrolein Market is presumed to reach the market size of nearly USD 1562.24 MN by 2030 from USD 1150.91 MN in 2022 with a CAGR of 3.24% under the study period of 2022 - 2028. Regarding volume, the market was calculated 482.54 Kilo Tons in 2022 and forecast to touch 626.80 Kilo Tons by 2030 with a CAGR of 3.81% during 2022-2028.
Acrolein is a colorless liquid with a sharp acrid smell. It belongs to the unsaturated aldehyde group. Acrolein is industrially prepared in two ways: oxidation of propylene and glycerol pyrolysis. It is primarily used as a contact biocide to control algae, weeds, bacteria, and mollusks. Acrolein is also used to make many valuable compounds such as the amino acid methionine, acrylic acid, polyester resins, polyurethanes, PG, alkoxypropionaldehyde, cyclic acetal derivates, or 1,3-propanediolAAc, and acrylonitrile. It is also used in papermaking to control slime.
Market Dynamics
The global acrolein market is estimated to flourish with growing demand for herbicides, acrylic acid, methionine, and paper. Acrolein is popularly used as biocides as it is highly toxic to aquatic organisms. Most algae and weeds show high sensitivity to acrolein. Acrolein production wholly depends on petroleum raw material. To cope with the depleting crude oil sources problem, research is being done towards a sustainable approach. Acrolein by oxidative coupling of bio-alcohols constitutes a promising alternative to petroleum-based production. However, acrolein's extreme reactivity and toxicity have limited market growth.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of acrolein. The growth and trends of Acrolein Industry provide a holistic approach to this study.
Market Segmentation
This section of the acrolein market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
- Glycerol Dehydration Method
- Propylene Oxidation Method
- Others
By Application
- Glutaraldehyde
- Methionine
- Pesticide
- Water Treatment Agent
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Acrolein market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Acrolein Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the acrolein market include Evonik, Adisseo, Arkema, DowDuPont, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, Hubei Jinghong Chemical, Zibo Xinglu Chemical, Puyang Shenghuade Chemical, Wuhan Youji, Hubei Xinjing New Material. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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