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In this report,global Acrolein Market will reach 1602.92 Million USD by the end of 2023 with a CAGR of 1.31%
The global Acrolein market is valued at 1482.42 Million USD in 2017 and will reach 1602.92 Million USD by the end of 2023, growing at a CAGR of 1.31% during 2017-2023.
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.
Acrolein can be divided into two categoriesGlycerol Dehydration Method type and Propylene Oxidation Method type. Propylene Oxidation Method type production market share accounted for the higher proportion, with a figure of 97.67% in 2017, Glycerol Dehydration Method type account for 2.33%.
The consumption market share of global Acrolein in Methionine use, Pesticides use, Glutaraldehyde use, Water Treatment Agent use and other applications have been stable year by year, at 61.22%, 17.38%, 7.32%, 8.99% and 5.09% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Acrolein in the global market tends to be fixed without great changes. Among them, the Acrolein market has the most promising sales prospects in Methionine use.
XYZ research center data shows that Europe is the biggest contributor to the Acrolein revenue market, accounted for 39.29% of the total global market with a revenue of 582.40 million USD in 2017, followed by USA, 32.19%% with a revenue of 477.22 million USD.
Evonik is the largest company in the global Acrolein market, accounted for 25.71% of the revenue market share in 2017, followed by Adisseo and Arkema, accounted for 16.19% and 11.32% of the revenue market share in 2017. The Acrolein industry is not concentrated, these manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five manufacturers account for 69.02% of the revenue market.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Acrolein in these regions, from 2014 to 2026 (forecast), covering
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- South America (Brazil, Argentina, Columbia)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Acrolein market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
- 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
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
- Propylene Oxidation Method
- Glycerol Dehydration Method
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Acrolein for each application, including
- Methionine
- Pesticide
- Glutaraldehyde
- Water Treatment Agent
- Others
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