• Oct 14, 2019
  • Published By : Prismane Consulting

Global Acrylamide Monomer Market  Analysis,Demand Outlook 

Acrylamide monomer is produced by hydration of acrylonitrile (ACN). It isthe raw material to produce polyacrylamide and is manufactured by more than 15major producers.Bio synthetic route is the most widely used process foracrylamides commercial synthesis. It can also be synthesised by syntheticroute. The bio-synthesis route has been preferred over the synthetic route dueto its cost-efficiency.It uses immobilized nitrile hydratase bio catalyst whilethe synthetic route uses the costlier copper oxide catalyst. Polyacrylamide isthe principal derivative of acrylamide accounting for 90% of its consumption.Any impact on polyacrylamide end-use applications market like water treatment,oil production and others will impact the global acrylamide demand.

The demand for acrylamide has been growing between 3% to 5% during the last few years and the global demand in 2018 was estimated to be around 1703 kilo tons. About 45% of this demand comes in from water treatment applications while petroleum and paper & pulp together account for 45%. The remaining demand is mostly from other small volume applications like textiles and mineral processing.  The water treatment applications are expected to witness the fastest growth during the forecast period followed by polyacrylamide applications in the petroleum industry to enhance oil recovery and in other petroleum production processes.

Historically, Asia-Pacific has been the largestdemand region as well as the largest producer region and is likely to remain soeven in the forecast period. The global acrylamide market is driven byAsia-Pacific, particularly due to the strong demand for water treatmentapplications in China, followed by major demand in Japan and other developingAsian countries on the back of the presence of large paper and pulp industries. Theregion accounts for about 57% of the global acrylamide consumption and Chinaalone holds for 79% of total regional consumption. This (China’s consumption)translates to roughly 45% of the global demand. North America is the secondlargest region accounting for 23% closely followed by Western Europe with 17%share. Central & South America, Central & Eastern Europe and MiddleEast & Africa together account for 3% of total global consumption.

Acrylamide production is concentrated majorly in threeregions viz. North America, Western Europe and Asia-Pacific. China is thelargest producer of acrylamide, accounting for about 62% of the globalacrylamide production mainly dominated by local producers. SNF, CNPC and Kemiraare the major players of acrylamide globally. SNF is the largest manufacturerof acrylamide with more than 5 production locations globally. New majorcapacities have been announced in China and most of these new upcomingcapacities will be based on bio-synthetic routes. It is to be noted that mostof the world scale plants are located near to the end-use industries and thistrend will continue for all new projects during the long-term forecast. The oversupplysituation to an extent is more likely to offset with robust demand owing tostringent policies on water-treatment, increase in oil & gas production andrestructuring in the major economies as they step-out of the looming financialslow-down. In the long term forecast to 2025, the global acrylamide market isexpected to grow at an annual average of 3.6%.

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