Acrylamide Industry Statistics

In this post, we explore the dynamic landscape of the acrylamide industry, backed by a wealth of statistical insights. From the market size and key players to regional trends and application segments, the statistics paint a vivid picture of the past, present, and projected future of this lucrative sector. Join us as we delve into the numbers shaping the global acrylamide market at https://gitnux.org/acrylamide-industry/.

Statistic 1

"Global acrylamide market size was valued at USD 3.36 billion in 2019."

Statistic 2

"Acrylamide market is expected to grow at a compound annual growth rate (CAGR) of 4% from 2020 to 2027."

Statistic 3

"Asia-Pacific was the largest acrylamide market with more than 55% share in terms of volume in 2018."

Statistic 4

"The United States is the second largest market, accounting for 23% of the global total in 2019."

Statistic 5

"China is the leading country in the production of acrylamide, producing over 50% of the global total in 2019."

Statistic 6

"The global market for acrylamide is highly consolidated, with the top four companies accounting for more than 65% of the total market in 2019."

Statistic 7

"The wastewater treatment sector is the largest application segment of acrylamide, consuming over 40% in 2019."

Statistic 8

"The paper and pulp industry is the second largest consume of acrylamide, accounting for 20% of the global demand."

Statistic 9

"The consumption of acrylamide in oil and gas industry is expected to grow at a CAGR of 5.4% till 2027."

Statistic 10

"The use of acrylamide in agriculture accounted for 15% of the total global market in 2019."

Statistic 11

"Textile industry-related application of Acrylamide is estimated to grow at a CAGR of 4.2% till 2027."

Statistic 12

"Acrylamide production is expected to grow at a substantial rate in India, at an estimated CAGR of 8% during the forecast period 2020-2025."

Statistic 13

"Acrylamide market in South America is projected to grow at a CAGR of around 3.4% during 2020-25."

Statistic 14

"The leading company in the global acrylamide market is SNF Group, which held about 48% of the total market in 2018."

Statistic 15

"About 80% of Acrylamide is used in water treatment processes globally."

Statistic 16

"The water treatment chemicals market, including acrylamide, is expected to reach USD 65 billion dollar by 2025 of which about 16% is Acrylamide."

Statistic 17

"Japan is expected to have an average growth of 2.2% in Acrylamide demand during the period 2020-2023."

Statistic 18

"The Middle East & Africa region is expected to witness stable growth of around 2% during 2020-2027 in Acrylamide market."

Statistic 19

"The acrylamide grouts segment is anticipated to be the fastest growing segment, registering a CAGR of 5.4% from 2020 to 2027."

The global acrylamide market has shown steady growth and is projected to continue expanding at a moderate pace in the coming years. With Asia-Pacific leading in both production and consumption, and key industries like wastewater treatment, paper and pulp, oil and gas, agriculture, and textiles driving demand, the market is poised for further development. The dominance of top companies, such as SNF Group, in the market underscores the level of consolidation. Regions like India, South America, Japan, and the Middle East & Africa are expected to see varying growth rates, presenting opportunities and challenges for market players. Additionally, the increasing use of acrylamide in niche segments like grouts indicates evolving applications and market dynamics.