What is Acrolein?
Acrolein is a clear or yellow liquid that burns easily and evaporates quickly and has a strong, unpleasant smell. It is also a by-product of fires and can be toxic to firefighters. Acrolein is used as a pesticide to weeds, bacteria, control algae, and mollusks. It is also used to make other chemicals and is mostly used to make acrylic acid. It is also used to control plant and algae growth in irrigation canals. Acrolein kills or controls microorganisms and bacteria in oil wells, cooling-water towers, liquid hydrocarbon fuels, and water treatment ponds. In papermaking, acrolein is used to control slime.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | The Dow Chemicals Company (United States), Shanghai Huachen Energy Company, Ltd. (China), Evonik (Germany), Adisseo (China), Arkema (France), Daicel (Japan), Hubei Shengling Technology (China), Wuhan Ruiji Chemical (China), Hubei Jinghong Chemical (China) and Puyang Shenghuade Chemical (China) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Methionine, Pesticide, Glutaraldehyde, Water Treatment and Others) and major geographies. Research Analyst at AMA predicts that Chinese Vendors will contribute to the maximum growth of Global Acrolein market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Acrolein market report suggests strategies that Vendors can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Vendors, some of them are The Dow Chemicals Company (United States), Shanghai Huachen Energy Company, Ltd. (China), Evonik (Germany), Adisseo (China), Arkema (France), Daicel (Japan), Hubei Shengling Technology (China), Wuhan Ruiji Chemical (China), Hubei Jinghong Chemical (China) and Puyang Shenghuade Chemical (China).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Acrolein Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Use in Plastic and Paint Industries
- Growing Demand for Methionine
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Major Trends | - Rising Demand from Oil Industries
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Restraints | - Availability of Alternatives such as Glycerine and Propane
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Road Blocks / Challenges | - Acrolein is Severely Irritating to Skin, Eyes, and Mucous Membranes
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Gaps & Opportunities | - Industrial Development in Developing Regions
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Key highlights of the Global Acrolein market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Acrolein market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Acrolein market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Vendors
Comprehensive information about factors that will challenge the growth of Acrolein Vendors
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Acrolein market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Acrolein market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Acrolein, Suppliers of Acrolein, Wholesalers, Distributors and Retailers of Acrolein, Chemical Industry, Oil & Gas Industry and Governmental Bodies.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.