The global acrylamide market is projected to grow significantly, increasing from US$ 4,254.16 million in 2021 to US$ 6,500.22 million by 2028 at a CAGR of 6.2%. Acrylamide is an organic, odorless chemical available in both liquid and crystalline forms. It is soluble in water and various organic solvents, and it serves as a key precursor to polyacrylamides. These polyacrylamides are widely utilized as water-soluble thickeners and flocculation agents in multiple industrial applications.

Acrylamide Market Overview and Growth Drivers

The growth of the acrylamide market is influenced by a combination of industrial and environmental factors. One of the key drivers is the rising demand for wastewater treatment. Rapid urbanization, strong economic growth, and increasing population levels have resulted in higher water consumption and wastewater generation. Stringent regulations on water pollution and industrial effluent management have led industries to adopt advanced wastewater treatment solutions, which rely heavily on acrylamide-based products. This trend is particularly prominent in countries like China and India, where government support for wastewater management is robust.

Another significant growth factor is the expansion of the personal care and cosmetics industry, particularly in the Asia Pacific region. The rise in middle-income populations, increasing per capita income, and higher participation of women in the workforce have led to an increase in cosmetic consumption. Acrylamide plays a critical role as a stabilizer, binder, and thickener in various personal care products, driving regional demand.

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Market Segmentation Insights

The acrylamide market is segmented based on product type and application. By product type, the market includes acrylamide water solutions and acrylamide crystals. Among these, acrylamide crystals are the fastest-growing segment. They are widely used as flocculants, blocking agents, textile treatment agents, and water treatment chemicals.

In terms of application, acrylamide finds use across multiple industries including water and wastewater treatment, enhanced oil recovery, cosmetics, paper manufacturing, chemical intermediates, and textiles. The diverse industrial applications of acrylamide ensure consistent demand across sectors, providing a stable market growth trajectory.

Regional Dynamics and Opportunities

Asia Pacific dominates the global acrylamide market and is expected to maintain its lead throughout the forecast period. Japan and China account for a significant share of the global production capacity. The growth in this region is supported by government initiatives in wastewater management and the expanding personal care industry.

North America is projected to be the second-fastest-growing region. Growth here is fueled by increased investment in wastewater treatment and rising demand from the enhanced oil recovery and cosmetics sectors. Europe is also expected to witness steady growth due to technological advancements in water treatment and stricter environmental regulations. Other regions, including the Middle East, Africa, and South and Central America, present moderate growth opportunities driven by industrialization and infrastructure development.

Key Players in the Global Acrylamide Market

The global acrylamide market is highly competitive, with several major players driving innovation and expansion. Prominent companies operating in the market include:

• Ashland Global Holdings Inc.

• SNF

• Kemira OYJ

• BASF SE

• EMCO Dyestuff

• Mitsui Chemicals Global, Pvt. Ltd.

• Ineos AG

• Solvay

• Nuoer Group

• Black Rose Industries Ltd

These key players focus on strategies such as mergers and acquisitions, product launches, and geographical expansion to strengthen their market presence and meet growing industrial demand.

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Future Outlook

The acrylamide market is expected to continue its growth trajectory through 2028. Increased industrialization, rising environmental awareness, and expanding personal care consumption will sustain demand. Technological advancements in water treatment and chemical processing are likely to open new avenues for acrylamide applications. Companies investing in innovation and expanding their global footprint are positioned to benefit from the rising market potential. With strong regional growth in Asia Pacific and emerging opportunities in North America and Europe, the acrylamide market is poised for a robust future.