Diacetone acrylamide (DAAM) is a vinyl functional monomer that possesses appropriate solubility, having reactivity ratio capable comonomers for forming copolymers and polymers. Carbonyl groups of diacetone acrylamide readily link with major amines such as adipic dihydrazide. The reaction proceeds quickly due to which it is non-hazardous and environmentally-friendly. This is makes it vital in a wide range of applications. Diacetone acrylamide is used in various applications such as in epoxy resins, coatings, personal care products, and as a gelatin substitute. 

Epoxy resins are thermosetting polymers due to which they are resistant to high temperature and corrosive chemical activities. These resins are categorized into two types: waterborne epoxy resins and oil-based epoxy resins. Epoxy resins are used in the manufacture of plastic coatings, printing inks, and wood coatings. Water-based epoxy resins are also used as binders in cement and mortars, adhesives, and oil drilling for solidifying sandy surfaces. However, the largest end-users of waterborne epoxy resins are automotive and construction industries. Waterborne epoxy resins are used in the manufacture of automotive coating. Epoxy resins are used as additives and binders due to their permanent hardening property. Automobile coating protects vehicles against pollution and drastic weather conditions. Additives such as stearates, enamel pastes, and silver pastes are used along with waterborne epoxy resins to improve the performance of automobile coatings. Additives in presence of resins provide a glossy look to the vehicle. Epoxy resins are used as additives and binders in concrete-key ingredient of the construction industry. Demand for epoxy resins is increasing considerably due to substantial growth in the construction industry. Some of the largest vehicle manufacturers in the world are present in Europe. Demand for waterborne epoxy resins is the second-largest in Europe. Hence, demand for diacetone acrylamide is expected to be high in epoxy resins. 

Diacetone acrylamide is also widely employed in coatings. Rising demand for non-hazardous, eco-friendly, low VOC green coatings, is anticipated to boost the demand for waterborne coatings in the next few years. In addition, growth in construction and automotive industries is fueling the demand for these coatings. However, rising consumption of other green substrates such as powder coatings is expected to slow down the growth of the coatings market. North America accounted for the largest share in the industry for waterborne coatings. However, market growth in the future is expected to be from emerging regions such as Asia Pacific and is expected to follow a similar trend within the forecast period owing to the expansions by the key manufacturers in emerging economies such as India and China in the region. These factors are expected to contribute significantly towards growing consumption of diacetone acrylamide for coatings in the next few years.

Diacetone acrylamide is used in personal care products. For instance, 10 to 15% of diacetone acrylamide is employed in hair gels. Skincare and hair care are the largest segments present in the personal care industry. These segments jointly accounted for over 50% of the total revenue generated by the personal care industry in 2011. Skincare products include face creams, hand and body lotions, sun care products, and facial treatment products. On the other hand, the hair care treatment market includes shampoos, conditioners, and serums. Changing lifestyle and increase in disposable income of consumers, particularly in emerging economies such as China, India, and Brazil, are projected to drive the personal care industry. This, in turn, is anticipated to raise the demand for skincare and hair care products. Thus, demand for diacetone acrylamide is expected to increase in the personal care industry. 

Some of the key players in the diacetone acrylamide market include Nippon Kasei Chemical Co.,Ltd., KH Neochem Co., Ltd., Vinati Organics Limited, and Metals Kingdom Industry Limited.

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
  • Europe
  • 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.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Diacetone Acrylamide Market

Pre Book