Acrolein is a highly reactive, volatile liquid with a pungent odor. It is primarily used as an intermediate in the production of various chemicals, including methionine, pesticides, and glutaraldehyde. Acrolein is derived through two main production methods: the propylene oxidation method and the glycerol dehydration method. Due to its high toxicity and reactivity, acrolein requires careful handling and storage.
Market Size
The global Acrolein market was valued at USD 1,595.6 million in 2024 and is expected to reach USD 1,728.4 million by 2030, growing at a CAGR of 1.1% during the forecast period.
Key Statistics:
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The Europe region dominates the market with 37% of the global production share.
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The USA follows as the second-largest producer, accounting for 30% of global output.
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The leading market players include Evonik, Adisseo, Arkema, Dow, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, among others.
Market Dynamics (Drivers, Restraints, Opportunities, and Challenges)
Drivers
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Growing Demand for Methionine: Acrolein is a key raw material for methionine production, which is widely used in animal feed to enhance livestock growth.
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Increased Pesticide Usage: The agriculture sector’s rising demand for pesticides to improve crop yields is boosting the acrolein market.
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Rising Water Treatment Applications: Acrolein is used as a water treatment agent to control microbial growth in industrial water systems.
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Expanding Chemical Industry: Growth in the specialty chemicals sector is propelling the demand for acrolein as a key intermediate.
Restraints
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High Toxicity & Environmental Concerns: Acrolein’s hazardous nature and stringent regulations regarding its handling and disposal may hinder market growth.
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Volatility in Raw Material Prices: Fluctuations in propylene and glycerol prices can impact production costs and profitability.
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Stringent Government Regulations: Regulatory policies restricting the production and transportation of acrolein may limit market expansion.
Opportunities
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Advancements in Biobased Acrolein Production: The development of sustainable acrolein from glycerol and biomass-derived sources presents growth potential.
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Expansion in Emerging Markets: Growing industrialization in countries like India, China, and Brazil is expected to boost acrolein demand.
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Innovation in Application Areas: Increased research into novel applications such as pharmaceuticals and specialty chemicals may unlock new growth opportunities.
Challenges
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Health Hazards and Safety Risks: The highly flammable and toxic nature of acrolein poses significant handling and transportation challenges.
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Supply Chain Disruptions: Factors such as geopolitical tensions and logistics constraints can affect the availability and pricing of acrolein.
Regional Analysis
Europe
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Dominates the acrolein market, accounting for 37% of global production.
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Presence of leading chemical manufacturers such as Evonik and Arkema.
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Stringent environmental regulations affecting production processes.
North America
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The USA holds 30% of the global market share.
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Growth driven by high demand from the agricultural and chemical industries.
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Regulatory challenges due to acrolein’s hazardous classification.
Asia-Pacific
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Rapid industrialization and increasing chemical production in China, Japan, and India.
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Rising demand for methionine and pesticides boosting the market.
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Potential growth in biobased acrolein production.
South America & Middle East & Africa
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Emerging markets with increasing industrialization.
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Growing agricultural activities in Brazil and South Africa driving pesticide demand.
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Limited infrastructure and regulatory hurdles restricting market expansion.
Competitor Analysis
Key Players and Market Shares:
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Evonik
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Adisseo
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Arkema
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Dow
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Daicel
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Hubei Shengling Technology
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Wuhan Ruiji Chemical
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Hubei Jinghong Chemical
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Zibo Xinglu Chemical
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Puyang Shenghuade Chemical
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Wuhan Youji
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Hubei Xinjing New Material
Market Segmentation (by Application)
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Methionine
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Pesticide
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Glutaraldehyde
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Water Treatment Agent
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Others
Market Segmentation (by Type)
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Propylene Oxidation Method
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Glycerol Dehydration Method
Geographic Segmentation
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North America: USA, Canada, Mexico
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Europe: Germany, UK, France, Russia, Italy, Rest of Europe
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Asia-Pacific: China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific
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South America: Brazil, Argentina, Colombia, Rest of South America
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Middle East & Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
FAQ
01. What is the current market size of the Acrolein market?
The global Acrolein market was valued at USD 1,595.6 million in 2024 and is projected to reach USD 1,728.4 million by 2030, growing at a CAGR of 1.1%.
02. Which are the key companies operating in the Acrolein market?
Key players include Evonik, Adisseo, Arkema, Dow, Daicel, Hubei Shengling Technology, Wuhan Ruiji Chemical, Hubei Jinghong Chemical, among others.
03. What are the key growth drivers in the Acrolein market?
The market is driven by growing methionine demand, increased pesticide usage, water treatment applications, and expansion in the specialty chemicals sector.
04. Which regions dominate the Acrolein market?
Europe leads the market with 37% of global production, followed by North America (30%).
05. What are the emerging trends in the Acrolein market?
Emerging trends include biobased acrolein production, expansion in emerging markets, and innovation in new application areas.