Global Acrylamide Market: Snapshot
The global acrylamide market is projected to gain strength with municipal wastewater treatment applications promoting the consumption of acrylamide. A wide scope of industrial wastewater treatment processes that employ paper, breweries, leather, pharmaceuticals, electroplating, textiles, and petrochemical necessarily use acrylamide. Acrylamide also plays the role of a solid-liquid separator in municipal wastewater treatments for primarily treating sewages.
According to seasoned analysts, the global acrylamide market could be segmented according to end use, where wastewater and water treatment is expected to secure a larger share.
Buyers of the report are exposed to some of the critical elements of the global acrylamide market which could help them to rise above the odds and gain a foothold in the industry. Factors such as drivers and restraints, opportunities, and competitive landscape are comprehensively explained by the report authors.
Global Acrylamide Market: Trends and Opportunities
In the next few years, the global acrylamide market is anticipated to invite a sturdy growth with the expansion of oil and gas activities coupled with the burgeoning demand for wastewater and water treatments. In respect of both revenue and volume, wastewater and water treatment is expected to be a larger segment of the global acrylamide market by application. Moreover, there are some strict laws pertaining to wastewater treatment penned down by the governments of developed regions, which makes the usage of acrylamide altogether more important. Across the globe, the extensive application of acrylamide for treating wastewater is predicted to lay a solid foundation of growth for the global acrylamide market.
Unconventional gases can be recovered economically with the use of acrylamide via hydraulic fracturing. With the U.S. planning to invest around US$71.1 bn for new shale gas capacities by 2020, the demand in the global acrylamide market could propel at a telling degree with the need to perform hydraulic fracturing operations. Although Europe holds a notable number of shale gas reserves, there are still a myriad of them present throughout the globe. With fracking applications rising internationally, the consumption in the global acrylamide market is envisaged to inflate exceptionally, supported by the upsurge in shale gas extraction activities.
Global Acrylamide Market: Geographical Analysis
The consumption pattern in the world acrylamide market was almost similar to the production pattern in the recent past. Therefore, while Asia Pacific was a leader in the world acrylamide market in terms of production, its consumption also exceeded than that of the other key regions such as Europe and North America. Countries such as India and China could be the major acrylamide markets in Asia Pacific. As these countries further their economic development, the growth of the Asia Pacific acrylamide market is forecasted to increase even more.
However, North America, including Canada and the U.S., is prognosticated to be a vital region that rakes in a heavy demand for acrylamide as it is researched to be one of crucial markets for wastewater and water treatment. The several regulations ordained by Europe regarding wastewater treatment are envisioned to be a weighty force driving the demand in the world acrylamide market.
Global Acrylamide Market: Companies Mentioned
Among the other prominent players in the worldwide acrylamide market, INEOS, BASF SE, Nalco, Kemira, and SNF Group are prophesied to make their presence known. Collaborations and agreements, new product developments, and mergers and acquisitions could be the go-to strategies adopted by leading companies in the worldwide acrylamide market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.