Top 5 Key Companies in Acrolein Market

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Acrolein Market

Acrolein is one of the important intermediaries in the chemical industry, which is extensively used in the production of resin and organic synthesis. It is mainly used for the synthesis of acrylic acid. It is produced through the catalytic oxidation of propylene.

Since it is the reaction is high exothermic, the problems of catalyst sintering or thermal runaway may happen. Thus it is usually carried out in a multi-tubular fixed-bed reactor in industrial production. Acrolein is used in the making of polyurethanes, polyester resins, acrylic acid, acrylonitrile, and PG. Acrylic acid (AAc) is industrially produced by propene oxidation, acrylic acid and its esters are used in synthesizing numerous copolymers or homo-polymers which are used in coatings, plastics, elastomers, adhesives, as a polymer dispersion for coatings and paints, as superabsorbent, paper, textile and in water treatment.

This noncorrosive, non-surfactant, water-soluble biocide exhibits excellent oil solubility, allowing the penetration in biofilms and oil-coated surfaces to target sessile bacteria effectively. All this is expected to support the market growth in the long run. Additionally, the demand for the Acrolein markets will also be influenced by the rising use of Acrolein for engineering plastic and polymer industries along with the agrochemicals industry.

The global Acrolein market was valued at USD 855.2 Million in 2020 and is expected to reach USD 1,172.8 Million in 2028 growing at a CAGR of 4.2% between 2021 and 2028.

Top 5 Key Companies in Acrolein Market

Hubei Shengling Technology Co., Ltd.

Website – www.shenglingchem.com

Headquarters – Hubei, China

Hubei Shengling Technology Co., Ltd. is located in Hubei, China. It is a high-tech enterprise specialized in the production of medical intermediate, pesticide intermediate, and fine chemicals. Shingling Technology is a large science-technology demonstration enterprise constituted by universities and corporations.

In the technology aspect, it is supported by Tsinghua University and Harbin Pharmaceutical Group. It is mainly engaged in the extension development of glutaraldehyde, acrolein, vinyl ether, ligustral, lyral and pharm n pesticide intermediates on the basis of cooperation with research institutes all around the world and experts in related fields.

2. Hubei Xinjing New Material Co., Ltd.

Website – www.xinjingchem.com

Established – 1998

Headquarters – Hubei, China

Hubei Xinjing New Material Co., Ltd. was founded in 1998 and is headquartered in Hubei, China. The company offers a wide range of products that include glutaric dialdehyde, vinyl ether, intermediates, aliphatic epoxy resin, and polymer, among others. Their intermediate line of products consists of 2-allyloxyethanol, acrolein, pyrimidine, Ethyl-1-propenyl ether, and others.

The company is focusing on the construction of 3 production bases namely Henan Jiaozuo Xinjing Co., Ltd., Anlu Xinjing Co., Ltd., and Jinzhou Xinjing Co., Ltd. The company also sells its products in the international market.

3. Adisseo

Website – www.adisseo.com/en/

Established – 1939

Headquarters – Alpharetta, Georgia, U.S.

Adisseo was established in 1939. Headquartered in the U.S., the company conducts its operations worldwide. Adisseo is a leading expert in feed additives it is listed on the Shanghai Stock Exchange has ten research centers and manufacturing locations based in Europe, the U.S., and China to develop, produce and sell nutritious solutions for sustainable animal feed. It operates with approximately 3,900 clients in over 110 foreign nations through its international distribution grid. It is one of the major associates of China National BlueStar, in the Chinese chemical enterprise it is listed on the Shanghai Stock Exchange.

4. BASF

Website – www.basf.com/in/en.html

Established – 1865

Headquarters – Ludwigshafen, Rhineland-Palatinate, Germany

BASF was established in 1865, Headquartered in Germany, the company conducts its operations worldwide. BASF is a corporation that provides dispersions, petrochemicals, intermediates, performance materials, monomers, and dyes, performance chemicals, catalysts, coatings, and care chemicals. It executes its functions through six business components, including Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition and Care, and Agricultural Solutions. It transports, energy and aids, building, consumer goods, electronics, fitness and nutrition, and farming enterprises.

5. Arkema

Website – www.arkema.com

Established – 2004

Headquarters – Cedex, France

Arkema was established in 2004. Headquartered in France., the company conducts its operations worldwide. The company operates in four business segments, namely Advanced Materials, Coating Solutions, Adhesive Solutions, and Intermediates. it is committed to manufacturing and providing chemicals, the product portfolio comprises acrylics, technical fluids, fluorochemicals, organic peroxide, hydrogen peroxide, fluoropolymers, plastic addictive, specialty adhesives, technical fluids, and coating resins, among others these products are widely used across multiple industries including automotive and transportation, paint, and coatings, building and construction, and consumer goods, among others.

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