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.
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to: