Global Acrolein Market overview:
The Acrolein Market is expected to witness sustained growth over the forecast period (2019-2024). The growth of the Acrolein market is driven as there is favourable growth in the industry is a major factor which will boost the global Acrolein Market.
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With the slowdown in world economic growth, the Acrolein industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Acrolein market size to maintain the average annual growth rate of 0.0166254232591 from 1280.0 million $ in 2014 to 1390.0 million $ in 2019, Market analysts believe that in the next few years, Acrolein market size will be further expanded, we expect that by 2024, The market size of the Acrolein will reach 1510.0 million $.
The Acrolein is manufactured from petrochemical feedstocks such as Propylene and Glycerine. Acrolein is primarily used as an important intermediate and a specialty chemical. Acrolein is rapidly gaining importance due to its versatile use in Plastic and Paint Industries. One of the most widely used industrial methods of preparing Acrolein involves catalytic oxidation of propylene in presence of air.
The Global Acrolein Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Acrolein Market is sub segmented into. Based on Application segment. the Acrolein Market is sub segmented into Propylene Oxidation Method, Glycerol Dehydration Method. Based on End Use Industry segment, the Acrolein Market is sub segmented into Methionine, Pesticide, Glutaraldehyde, Water Treatment Agent.
Considering regional trend, United State. Europe and Japan Asia Pacific is estimated to be the fastest-growing region for Acrolein during the forecast period, in terms of value. Rapidly growing end-use industries, competitive manufacturing costs, rising demand from the automotive industry, and high economic growth rates are the major factors for the growth of the Acrolein market in this region.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Some of the major players that operate in the Global Acrolein Market are 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.
Latest Industry Updates:
Dow – Addressing the need for innovative and sustainable alternatives in the plastic composites industry, Dow (NYSE: Dow) has developed AMPLIFY™ Si Silicone Enhanced Polymer Systems (SEPS), a silicone-polyethylene hybrid technology that improves product performance and helps divert plastic waste from landfills. AMPLIFY™ Si PE 1000, designed for wood-plastic composite decking, is the first of a series of products Dow expects to launch under the new SEPS platform.
“Dow’s AMPLIFY™Si PE 1000 enables manufacturers to utilize more economical options, such as a variety of recycled plastic and higher levels of fillers, in their wood composite manufacturing processes,” said Mauro Gregorio, business president, Dow Consumer Solutions. “By incorporating this product into wood-plastic composite boards, manufacturers can more easily bring new life to recycled plastic, a tremendous contribution to sustainability and product reuse. AMPLIFY™Si PE 1000 also reduces energy costs and carbon footprint associated with this manufacturing process.”
AMPLIFY™ Si PE 1000 allows for higher throughput, lower melt temperature and less thermal degradation, and manufacturers can also expect to see higher production rates, lower rejection rates and overall improvement in the tensile and flex strength of their wood-plastic composite boards. Beyond decking, AMPLIFY™ Si SEPS can be used with similar results in applications, such as docks, railing, wall cladding, siding, fencing, window profiles, automotive and many other applications.
“This new family of products, which utilizes ‘silicone-polyethylene hybrid technology’, drives sustainability and innovation across many industries, provides a unique value proposition to our customers and helps to facilitate the transition to a circular economy,” said Gregorio.
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Table of Contents:
Global Acrolein Market Report 2019
1 Acrolein Definition
2 Global Acrolein Market Major Player Share and Market Overview
3 Major Player Acrolein Business Introduction
4 Global Acrolein Market Segmentation (Region Level)
5 Global Acrolein Market Segmentation (Product Type Level)
6 Global Acrolein Market Segmentation (Industry Level)
7 Global Acrolein Market Segmentation (Channel Level)
8 Acrolein Market Forecast 2019-2024
9 Acrolein Segmentation Type
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