The Acrolein Market is being driven by Growing plastic and polymer industries
The Acrolein Market is expected to grow at a CAGR of 3.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 208 million. In the realm of sustainable acrolein production, the catalytic dehydration of glycerol emerges as a promising strategy. This process involves manipulating glycerol's physicochemical properties and optimizing reaction conditions to enhance acrolein yield. Researchers are focused on improving selectivity while maintaining catalyst stability and performance. The intramolecular dehydration of glycerol is the primary route for acrolein production, but intermolecular dehydration may lead to unwanted by-products. Ensuring the former and minimizing the latter is a significant challenge in this field. The catalytic dehydration of glycerol is a burgeoning area of research and technological significance due to its potential to offer a more eco-friendly approach to acrolein production.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
212 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.3% |
Market growth 2025-2029 |
USD 208 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
3.1 |
Key countries |
US, China, Japan, India, South Korea, Canada, Australia, Germany, UK, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Acrolein, a organic compound derived from petrochemical feedstocks like propylene, is used extensively in various industries. In polyurethane foams and synthetic fibers production, it acts as a building block. Resins, adhesives, coatings, and polymer industries utilize acrolein for polymerization. Water treatment plants employ it as a disinfectant and an intermediate in the catalytic reduction process. Specialty chemical applications include use in emulsifiers and carcinogenic property in glutaraldehyde production. Acrolein, also known as 2-propenal, is produced through catalytic oxidation of propylene. Industries like oil and glycerine also make use of this compound. Biobased glycerol derived from glycerine can be converted into acrolein through catalytic oxidation. Acrolein is also used in the production of methionine, acrylic acid, and other chemicals.
The global commodity chemicals market encompasses businesses specializing in the production of industrial and fundamental chemicals, such as plastics, synthetic fibers, films, commodity-based paints and pigments, explosives, and petrochemicals. Acrolein, an organic compound, plays a significant role in this sector, contributing to the production of polyurethane foams and synthetic fibers through the catalytic reduction process with acrylic acid. Market expansion is propelled by the escalating demand for plastic packaging, driven by its widespread usage and the continuous innovation in creating lightweight, corrosion-resistant materials.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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