Acrolein Market Research Report and Forecast up to 2024 Acrolein Market | Seite 2
achieve better acrolein yields. Thus, biobased glycerol and catalyst markets are
expected to improve during the forecast period, which can be considered as an
opportunity for the regions with depleting oil sources.
In terms of global demand, the U.S., Europe and Japan are at present the largest
producers of Acrolein. Considering the intermediate chemicals sector, the U.S. is
estimated to show a fast growth over the coming years, in terms of export and
trade of acrolein, followed by Europe and Japan. China will be the leading importer
owing to its constantly growing plastic markets. India, will be next in line from Asia
Pacific region, due to its steadily rising paints and polymer markets. The U.S. is the
largest importer of acrolein biocide, while the rest of Asia Pacific countries such as
Indonesia, Vietnam have potential biocide markets. Indonesia, might lead in the
South East Asia region due to low labour and manufacturing costs. Over the
forecasted period, Europe is slated to show an overall decline as it has a matured
market. Rest of the World is anticipated to show potential growth for the acrolein
market, especially from countries such as Brazil, Saudi Arabia and Argentina among
others. Demand in this region is owing to rise in demand from paints & coatings and
polymer industry.
Some of the major players across the globe are Akzo Nobel N.V., The Dow Chemicals
Company, Shanghai Huachen Energy Company, Ltd. and The Shell Oil Company.
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