In XYZResearch's 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 categories—Glycerol 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, 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, we research the production, revenue, price, market share and growth rate, primarily split into
Propylene Oxidation Method
Glycerol Dehydration Method
For 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
Production, consumption, revenue, market share and growth rate are the key targets for Acrolein from 2014 to 2026 (forecast) in these regions
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
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Summary:
Get latest Market Research Reports on Acrolein. Industry analysis & Market Report on Acrolein is a syndicated market report, published as Global Acrolein Market Analysis 2020 with Top Companies, Production, Consumption,Price and Growth Rate. It is complete Research Study and Industry Analysis of Acrolein market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.