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Showing posts with the label Acrolein Market Share

Acrolein Market Strategies, Benefits and Outlook Overview

  Acrolein Market Research Report by 2023 – 2030 Market Overview: Acrolein market  size valued at USD 1,155.93 Million in 2022 and projected to reach USD 1,496.20 Million by 2030, growing at a steady CAGR of 3.3%. Acrolein, also known as propenal, is a colorless liquid with a sharp, acrid smell. Its primary applications lie in the production of methionine, a crucial amino acid for animal feed, and as a precursor for various chemicals like glutaraldehyde used in water treatment and leather tanning.   Acrolein Market Drivers: Growing demand for methionine: The rising demand for animal protein, particularly in developing economies, is driving the need for methionine-rich feed. This, in turn, fuels the acrolein market dynamics as a key raw material in methionine production. Versatility in chemical applications: Acrolein finds use in various other chemicals like  glutaraldehyde , pesticides, and acrylic acid. This diverse range of applications opens up new market avenues ...