Acrolein Market Research Report and Forecast up to 2024 Acrolein Market
Acrolein Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2016
- 2024
Acrolein, also known as 2-propenal is the simplest unsaturated aldehyde. It’s a
colourless liquid and exhibits a disagreeable acrid smell.. Acrolein is manufactured
from petrochemical feedstocks such as propylene and glycerine. Acrolein is
primarily used as an important intermediate and a specialty chemical. Acrolein is
rapidly gaining importance due to its versatile use in plastic and paint industries.
One of the most widely used industrial methods of preparing acrolein involves
catalytic oxidation of propylene in presence of air. Further, there is emerging trend
of usage of glycerine and propane as alternative feedstocks for acrolein. The global
demand for acrolein markets are estimated to show a considerable transformation
depending on its raw material requirements and its ultimate uses. The U.S. and Asia
Pacific regions are estimated to lead the acrolein market by 2020.
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Few of the key drivers affecting the acrolein markets demand are engineering
plastic and polymer industries, followed by agrochemicals. Acrolein is majorly used
as a key intermediate to prepare acrylic acid and methionin. Acrylic acid polymers
are largely consumed in preparation of emulsifiers, coatings and adhesives.
Moreover, they are also used as super-absorbing agents in diapers and hygienic
pads. Direct use of acrolein is employed as a specialty chemical such as a biocide.
This acrolein based biocide is used to control algal growth, submerged and floating
weeds in irrigation canals. It is also used as biocide, in oil industries in drilling
waters, as well as, a scavenger for hydrogen sulfide and mercaptants.
However, taking some key challenges in mind, the global scenario for acrolein
market is estimated to show a considerable change in the region wise economies
accordingly. Acrolein production is currently dependent on the crude oil feedstocks.
These feedstocks are not only used in energy production but, also in the
petrochemical industry.. This has resulted in fluctuations in crude oil based
propylene prices, uncertain glycerol availability and depletion of resources which
are expected to hinder the growth of the acrolein market over the next few years.
Sustainable approach is being taken by various regions to cope up with the problem
of depleting crude oil sources estimated in the near future. Biobased glycerol is now
being used as an alternative feedstock to produce acrolein, so as to minimize the
dependency on natural resources. In addition, use of new catalysts is done to