Acrylamide is an organic and odorless chemical that is available in liquid and crystalline forms. Acrylamide is soluble in water and in various organic solvents. It is a precursor to polyacrylamides that have several applications as water-soluble thickeners and flocculation agents.
The India’s acrylamide market is rapidly growing due to an increase in demand for water and wastewater treatment, a rising need for enhanced oil recovery, and the rise in the application of acrylamide in various end-use industries. According to Financial Express, India’s water demand will exceed supply by two times by 2030, indicating severe water scarcity in India. The water shortage for residential and industrial use is expected to increase the demand for water treatment, thus driving the demand for acrylamide. The growing chemicals & materials industry in India is also boosting the growth of the market.
Strong economic growth, rising population, and rapid urbanization in India led to rising drinking water consumption and wastewater generation. The increasing demand for water and wastewater treatment is driving the demand for acrylamide. With the rapid expansion of cities and domestic water supply, the quantity of wastewater is rising in the country. As per the estimate from the Central Public Health and Environmental Engineering Organisation (CPHEEO), ~70-80% of total water supplied for domestic use is generated as wastewater.
Based on product type, the market is bifurcated into acrylamide water solutions and acrylamide crystals. In 2020, the acrylamide crystal segment was the fastest-growing segment in the market. Acrylamide crystals have various applications and are used as a flocculant, blocking agent, textile treatment agent, and water treatment agent.
Ashland Global Holding Inc.; SNF; Kemira OYJ; BASF SE; EMCO Dyestuff; Mitsui Chemicals Global, Pvt. Ltd.; Ineos AG; Solvay; Nuoer Group; and Black Rose Industries Ltd.; are among the key players operating in the market. The leading players adopt several strategies, such as mergers & acquisitions and product launches, to expand their geographic presence and consumer base.
The "India Acrylamide Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry, focusing on the India acrylamide market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The India acrylamide market is bifurcated on the basis of product type and application. Based on product type, the market is bifurcated into acrylamide water solution and acrylamide crystals. Based on application, the India acrylamide market is segmented into water and wastewater treatment, enhanced oil recovery, cosmetics, paper manufacturing, chemical intermediates, textiles, and others.
Strategic insights for the India Acrylamide provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 37.94 Million |
Market Size by 2028 | US$ 72.49 Million |
Global CAGR (2021 - 2028) | 9.7% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | India
|
Market leaders and key company profiles |
The geographic scope of the India Acrylamide refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The India Acrylamide Market is valued at US$ 37.94 Million in 2021, it is projected to reach US$ 72.49 Million by 2028.
As per our report India Acrylamide Market, the market size is valued at US$ 37.94 Million in 2021, projecting it to reach US$ 72.49 Million by 2028. This translates to a CAGR of approximately 9.7% during the forecast period.
The India Acrylamide Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the India Acrylamide Market report:
The India Acrylamide Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The India Acrylamide Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the India Acrylamide Market value chain can benefit from the information contained in a comprehensive market report.