Methylene Bisacrylamide Market Analysis
Methylene Bisacrylamide Market - Size, Share, Outlook, and Opportunity Analysis, 2019 – 2027
The global methylene bisacrylamide market size is expected to witness potential gains in the future and register a significant CAGR of 1.7% over the forecast period (2019 - 2027).
N, N'-Methylene bisacrylamide is a cross-linking agent that polymerizes with acrylamide and creates cross links within the polyacrylamide gel. It is mixed with acrylamide to produce polyacrylamide gels that are used in protein and nucleic acid electrophoresis. It is also used in UV scanning gels. . Its ability to create a network rather than linear chains helps to retain the firmness of gel. Polymerization reactions including N, N-methylene bisacrylamide aid in producing polymers and copolymers.
Increasing demand for polymers from various end-use industries such as textiles, packaging, stationery, plastics, aircraft, construction, rope, and toys is expected to boost the global methylene bisacrylamide market growth. Polymers such as rubber and PVC are used in the construction industries. Therefore, growing construction industry is expected to increase demand for methylene bisacrylamide in production of various polymers.
N, N'-Methylene bisacrylamide is used in food packaging, paper plates, cutlery, small appliances such as roasters. Therefore, increasing demand for N, N'-methylene bisacrylamide from the food and beverages industry is also expected to boost the market growth.
However, acrylamide is classified as an extremely hazardous substance in the U.S. The International Agency for Research on Cancer classifies acrylamide as a Group 2A carcinogen. Moreover, several substitutes are available for methylene bisacrylamide. These factors are expected to hinder growth of the market over the forecast period.
The increasing demand for stable copolymers and composites is expected offer lucrative growth opportunities for players in the market. Moreover, stability and versatility of methylene bisacrylamide in majority of polymerization reactions related to acrylonitrile is expected to increase its preference over other alternatives, thereby contributing to the market growth.
On the basis of region, the global methylene bisacrylamide market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is expected hold dominant position in the market, owing to increasing demand for N,N-methylene bisacrylamide in the region. N,N-methylene bisacrylamide finds application in various end-use industries such as textiles, automotive, and papermaking. Significant growth of these industries is expected to contribute to the market share of Asia Pacific.
Major players operating in the global methylene bisacrylamide market include, Otto Chemie Pvt. Ltd., Zibo Xinye Chemical Co., Ltd., Meryer (Shanghai) Chemical Technology Co., Ltd., Alfa Aesar, and Shanghai Ruizheng Chemical Technology Co., Ltd.