Global Acrolein Market Growth 2023-2029

Global Acrolein Market Growth 2023-2029

Product Code:449659

Published Date: Feb 08,2023

Pages: 105

Region: Global

Category: Chemical & Material

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Acrolein is a clear to yellowish, pungent liquid. Acrolein is used primarily as an intermediate component in the manufacture of chemical substances. 
Acrolein is a useful intermediate in the production of various compounds including methionine, methionine hydroxy analog, 1, 3 propanediol and glutaraldehyde.

LPI (LP Information)' newest research report, the “Acrolein Industry Forecast” looks at past sales and reviews total world Acrolein sales in 2022, providing a comprehensive analysis by region and market sector of projected Acrolein sales for 2023 through 2029. With Acrolein sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Acrolein industry.

This Insight Report provides a comprehensive analysis of the global Acrolein landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Acrolein portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Acrolein market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Acrolein and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Acrolein.

The global Acrolein market size is projected to grow from US$ 1517 million in 2022 to US$ 1654.2 million in 2029; it is expected to grow at a CAGR of 1654.2 from 2023 to 2029.

At present, the major manufacturers of Acrolein are Evonik, Adisseo, Arkema, Dow, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, etc. Evonik is the world leader, holding 24% production market share.

The global Acrolein market is led by Europe, capturing about 37% of global Acrolein production. USA is the second-largest region-wise market with 30% global production share.

This report presents a comprehensive overview, market shares, and growth opportunities of Acrolein market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Propylene Oxidation Method
    Glycerol Dehydration Method

Segmentation by application
    Methionine
    Pesticide
    Glutaraldehyde
    Water Treatment Agent
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Evonik
    Adisseo
    Arkema
    Dow
    Daicel
    Hubei Shengling Technology
    Wuhan Ruiji Chemical
    Hubei Jinghong Chemical
    Zibo Xinglu Chemical
    Puyang Shenghuade Chemical
    Wuhan Youji
    Hubei Xinjing New Material

Key Questions Addressed in this Report
What is the 10-year outlook for the global Acrolein market?
What factors are driving Acrolein market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Acrolein market opportunities vary by end market size?
How does Acrolein break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?