Acrylamide Market

• Increasing demand for convenience foods is driving the market growth

The acrylamide market is witnessing an increasing demand for convenience foods, driving this industry's growth. Convenience foods are pre-packaged and ready-to-eat or ready-to-cook meals that provide quick and easy solutions for busy lifestyles. These foods are popular among consumers due to their convenience, time-saving nature, and ease of preparation. One of the main factors contributing to the demand for convenience foods is the changing consumer behavior and lifestyle patterns. With the fast-paced modern lifestyle, people have limited cooking and food preparation time.

Convenience foods offer a convenient alternative, allowing individuals to quickly and easily satisfy their hunger without spending much time preparing meals.

Furthermore, the COVID-19 pandemic has further accelerated the demand for convenience foods. With lockdowns, work-from-home arrangements, and restrictions on dining out, consumers have turned to convenient meal options that can be easily prepared at home. This factor drives the Market CAGR.

Additionally, the demand for acrylamide in India is driven by strong economic growth, population growth, and rapid urbanization, which have led to increased drinking water consumption and wastewater generation. With the expansion of cities and the need for domestic water supply, the volume of wastewater generated in the country is rising. According to estimates by the Central Public Health and Environmental Engineering Organization (CPHEEO), approximately 70-80% of the total water supplied for domestic use in India is generated as wastewater.

Furthermore, the increasing use of acrylamide monomers in various sectors such as gel electrophoresis, ore processing, tertiary oil refining, and dyes and plastics synthesis contributes to the demand for acrylamide. Particularly, using acrylamide monomers in synthesizing polyacrylamide, widely used in wastewater treatment operations, is a key driver for the market. Developed countries, driven by stringent environmental regulations, increasingly adopt polyacrylamide in wastewater treatment processes. This trend is expected to fuel significant growth in the acrylamide market in the coming years.Thus, driving the Acrylamide market revenue.

The Global Acrylamide Market Industry is witnessing an expansion in its agricultural applications, particularly in soil conditioning and crop enhancement. Acrylamide-based products, such as polyacrylamide, are increasingly employed to improve soil structure and moisture retention, thereby enhancing crop yields. This trend is particularly relevant in regions facing arid conditions, where effective water management is crucial. The industry's growth is supported by a projected CAGR of 3.63% from 2025 to 2035, reflecting the increasing recognition of acrylamide's benefits in sustainable agriculture. As food security becomes a global priority, the demand for acrylamide in agricultural applications is likely to rise.

The Global Acrylamide Market Industry is experiencing a notable increase in demand due to its application in water treatment processes. Acrylamide is utilized in the production of polyacrylamide, which serves as a flocculant in municipal and industrial water treatment. As global water scarcity issues intensify, the need for effective water purification methods becomes paramount. For instance, the market is projected to reach 3.73 USD Billion in 2024, driven by the growing emphasis on clean water access. This trend indicates a robust growth trajectory, with the industry likely to expand further as regulations on water quality become more stringent.

The Global Acrylamide Market Industry is characterized by its diverse applications across various sectors, including textiles, cosmetics, and pharmaceuticals. Acrylamide's versatility as a chemical intermediate allows it to be utilized in the production of a wide range of products, from adhesives to coatings. This broad applicability is driving market expansion, as industries seek to leverage acrylamide's unique properties for innovative solutions. The ongoing development of new applications is expected to further fuel growth, with the market poised to adapt to emerging trends and consumer demands. Such diversity in application underscores the resilience and potential of the acrylamide market.

The Global Acrylamide Market Industry is benefiting from increasing regulatory support and the establishment of safety standards. Governments worldwide are implementing stricter regulations regarding chemical usage, particularly in food processing and consumer products. This regulatory landscape encourages manufacturers to adopt safer practices and invest in research to mitigate potential health risks associated with acrylamide. For instance, the establishment of guidelines by health authorities is fostering a more responsible approach to acrylamide usage. As a result, the industry is likely to see sustained growth, as compliance with these regulations enhances consumer confidence and market acceptance.

Technological advancements in the production of acrylamide are significantly influencing the Global Acrylamide Market Industry. Innovations in synthesis methods and process efficiencies are leading to reduced production costs and enhanced product quality. For example, the adoption of green chemistry principles is gaining traction, allowing for more sustainable manufacturing practices. This shift not only meets regulatory demands but also appeals to environmentally conscious consumers. As the industry adapts to these advancements, it is expected to maintain a competitive edge, contributing to the market's projected growth to 5.52 USD Billion by 2035. Such developments indicate a promising future for acrylamide applications across various sectors.

The research study offers valuable market insights across regions, including North America, Europe, Asia-Pacific, and the Rest of the World. The North American acrylamide market will dominate, and the expanding industrial sector will boost the market growth in this Region.

The market report analyzes major countries such as the United States, Canada, Germany, France, the United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure2: GLOBAL ACRYLAMIDE MARKET SHARE BY REGION 2022 (%) Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Europe's Acrylamide market accounts for the second-largest market share due tothe Region's transportation, reconstruction, and power generation industry growth. Further, the German Acrylamide market held the largest market share, and the UK Acrylamide market was the fastest-growing market in the European Region.

The Asia-Pacific Acrylamide Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due torapid industrialization; the growth potential is in emerging economies in the Region.Moreover, China’s Acrylamide market held the largest market share, and the Indian Acrylamide market was the fastest-growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development to expand their product lines, which will help the Acrylamide market grow even more. Market participants are also undertaking different strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The acrylamide industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Acrylamide industry to benefit clients and increase the market sector. The Acrylamide industry has offered some of the most significant advantages in recent years. Major players in the Acrylamide market, includingAnhui Jucheng Fine Chemicals Co., LTD, Ashland TIANRUN, SNF, BASF SE, Beijing Hengju Chemical Group, Dia-Nitrix Co., Ltd., Ecolab, Mitsui Chemicals, Inc, NUOER GROUP, Zibo Xinye Chemical Co., Ltd, Zhejiang Xinyong Biochemical Co., Ltd., and others, are attempting to rising market demand by investing in research and development operations.

Kerry is a renowned company with a rich history and extensive resources.Millions of people worldwide enjoy their taste and nutrition solutions in various food and beverage products. Kerry is deeply committed to improving the food and beverage industry for everyone and is driven by their purpose of inspiring food and nourishing life. Recently, Kerry introduced Acryleast Pro, an enhanced version of their widely recognized non-GMO yeast, Acryleast, which effectively reduces acrylamide content in food products.

Renaissance BioScience is an environmental impact company whose bioengineering platform technologies develop innovative, market-ready, functional microorganisms that solve various health and environmental problems. Based in Vancouver, Canada, Renaissance is currently developing technologies for the oral delivery of RNA, targeting human and animal health, biopesticides, and aquaculture solutions. Renaissance BioScience was granted new patents for its non-GMO acrylamide-reducing yeast (ARY) in India, China, Australia, Vietnam, and Russia.