Acrylamide Market Forecast 2028: Industry Analysis and Leading Key Players

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The global acrylamide market is poised for steady growth over the coming years, projected to rise from US$ 4,254.16 million in 2021 to US$ 6,500.22 million by 2028, registering a CAGR of 6.2%. Acrylamide is a colorless, odorless organic compound available in liquid and crystalline forms. It is soluble in water and various organic solvents, and it serves as an essential precursor for polyacrylamides, which are widely used as flocculants, thickeners, and stabilizers across multiple industries.

Market Overview and Key Drivers

The growth of the acrylamide market is primarily driven by increasing demand for wastewater treatment and the expansion of the personal care industry. Urbanization, population growth, and industrialization have led to higher consumption of water and an increase in wastewater generation. Governments worldwide are enforcing stricter environmental regulations to control pollution from industrial effluents. Countries such as China and India have implemented stringent measures to regulate wastewater discharge, prompting industries to adopt acrylamide-based solutions for efficient water treatment.

Simultaneously, the rising demand for cosmetics and personal care products is fueling acrylamide consumption. In regions like Asia Pacific, increasing per capita income, higher living standards, and growing urban populations contribute to the expansion of the cosmetics sector. Acrylamide is widely used as a thickener, binder, and stabilizer in these products, ensuring its consistent demand.

Product Type and Application Insights

The acrylamide market is segmented by product type into acrylamide water solutions and acrylamide crystals. Among these, acrylamide crystals have shown faster growth due to their versatile applications as flocculants, blocking agents, and textile treatment chemicals.

In terms of applications, acrylamide is used in water and wastewater treatment, enhanced oil recovery, cosmetics, paper manufacturing, chemical intermediates, and textiles. Its multifunctional properties and widespread use across industries make it a critical component in industrial processes, driving the market forward.

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Regional Analysis

Asia Pacific dominates the global acrylamide market and is expected to maintain its lead through 2028. Japan and China contribute a major portion of the global production capacity, and government initiatives to improve wastewater treatment and support industrial growth bolster regional demand.

North America is projected to be the second-fastest-growing market due to rising investment in wastewater treatment technologies and increased use of acrylamide in enhanced oil recovery and personal care products. Europe is expected to experience steady growth, driven by regulatory enforcement, technological advancements in water treatment, and industrial modernization. Other regions, including the Middle East, Africa, and South and Central America, show moderate growth prospects driven by industrial development and infrastructure projects.

Leading Key Players

The acrylamide market is competitive, with several major players focusing on expansion, innovation, and strategic partnerships. Key companies 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 players are actively engaging in mergers, acquisitions, and product innovations to strengthen their global presence and meet growing industrial demand.

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Future Outlook

The acrylamide market is expected to sustain strong growth through 2028. Continuous advancements in water treatment technologies and growing industrial applications will drive long-term demand. Expansion of the personal care and cosmetics sector, especially in Asia Pacific, will continue to increase consumption. Companies investing in technological innovations and expanding their geographic footprint will be well-positioned to capitalize on market opportunities. With strong regional growth and emerging applications in new sectors, the acrylamide market is poised for a robust and dynamic future.

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