Diacetone Acrylamide Market Scope
Diacetone acrylamide, also known as DAAM, is a vinyl functional polymer that possesses appropriate solubility, having reactivity ratio capable co-monomers for forming copolymers and polymers. It is a white crystalline solid. It is highly soluble in water and most organic solvents. It has numerous applications including the manufacturing of coatings, laminates sealers, adhesives, lubricating oils, curing agents for epoxy resins, hygroscopicity and vapor permeability to copolymer films, softy contact lenses, in air sprays and photosensitized resins.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ESIM Chemicals (Austria), Kowa American Corporation (United States), Bayer AG (Germany), Ronas Chemicals Ind.Co.,Ltd. (China), Vinati Organics Ltd. (India), Novartis AG (Switzerland), Novasol Chemicals (Belgium), Fisher Scientific (United States), Shandong Tianyi Chemistry Limited Company (China) and Toronto Research Chemicals Inc (Canada) |
CAGR | % |
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.
ESIM Chemicals (Austria), Kowa American Corporation (United States), Bayer AG (Germany), Ronas Chemicals Ind.Co.,Ltd. (China), Vinati Organics Ltd. (India), Novartis AG (Switzerland), Novasol Chemicals (Belgium), Fisher Scientific (United States), Shandong Tianyi Chemistry Limited Company (China) and Toronto Research Chemicals Inc (Canada) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Allergan PLC (Ireland).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Diacetone Acrylamide market by Type , by Application (Waterborne Coatings, Textile Treatment, Paper Treatment, Photosensitive Resins, Hairsprays, Adhesives, Crosslinking Agents, Resin Modifiers and Others) and Region with country level break-up.
On the basis of geography, the market of Diacetone Acrylamide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In September 2019, German chemical and pharma major Bayer AG completed the acquisition of Monsanto India Ltd. Bayer had in May 2019 received approval from the fair trade regulator Competition Commission of India (CCI) that paved the way for the completion of the global merger.
Influencing Trend:
High Demand for Innovative Products
Market Growth Drivers:
High Demand as Adhesives and Binding Agents from the Industry and Wide Industrial Applications Such As For Manufacturing Paints, Plastics and Others
Challenges:
Fluctuations in the World Economy
Restraints:
Hazardous Nature of the Diacetone Acrylamide
Opportunities:
Growing Demand from Food Packaging Industry and Increasing Demand from End-User Industry
Key Target Audience
Diacetone Acrylamide Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user