Global Diacetone Acrylamide Market Size, Share, Trends, Industry Growth by Application (Coatings, Adhesives, Textile Auxiliaries, Paper Additives, Others), by End-Use Industry (Construction, Automotive, Textiles, Paper and Packaging, Electronics, Others), by Region and Forecast to 2030

Report ID: RC15243 | Report Format: PDF + Excel | Starting Price: 2520/- USD |

Key Findings:

  • The market is growing at a CAGR of over 5% over the forecast period to 2030
  • By application segment, the coatings and adhesives segments are estimated to hold the largest revenue share in 2023
  • Geographically, the Asia Pacific dominated the global market in the benchmark year 2023

The global diacetone acrylamide market is estimated to grow at a significant CAGR of over 5% during the forecast period from 2024 to 2030. The increasing demand for high-performance adhesives, coatings, and sealants across industries such as construction, automotive, and electronics is a significant driving force. DAAM’s versatile properties, including excellent adhesion, durability, and chemical resistance, make it a preferred choice in various applications. Moreover, the booming construction sector, driven by urbanization and infrastructure development, further fuels the demand for DAAM in materials like coatings and adhesives. The continuous advancements in the automotive and electronics industries, where DAAM enhances the performance and longevity of products, also contribute to the market’s expansion. Additionally, the growing awareness and focus on sustainable and environmentally friendly formulations in the chemical industry drive the adoption of DAAM due to its eco-friendly characteristics. Overall, the convergence of these factors establishes Diacetone Acrylamide as a vital component in the formulation of high-quality materials across diverse industrial sectors, fostering the market’s growth.

Market Snapshot:

Benchmark Year 2023
Market Size lock
Market Growth (CAGR) > 5% (2024 – 2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players SNF Holding Company, Merck KGaA, Nippon Shokubai Co., Ltd., Zibo Xinye Chemical Co., Ltd., and Jiangsu Feixiang Chemical Co., Ltd.

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Market Trends:

Demand for Environmentally Friendly Formulations: There is a growing trend towards environmentally friendly formulations in various industries. DAAM, with its eco-friendly characteristics and low toxicity profile, is increasingly preferred as a raw material in formulations for coatings, adhesives, and other applications.

Rising Adoption in Emerging Economies: Emerging economies, especially in the Asia-Pacific region, are witnessing rapid industrialization and urbanization. This growth drives the demand for construction materials, automotive components, and electronic devices, consequently increasing the demand for DAAM in coatings, adhesives, and sealants.

Focus on High-Performance Materials: Industries such as automotive, aerospace, and electronics require high-performance materials that offer durability, strength, and resistance to harsh environments. DAAM’s properties, including excellent adhesion and chemical resistance, make it a preferred choice for such applications.

Technological Advancements in Manufacturing Processes: Ongoing advancements in manufacturing processes contribute to the production of high-purity DAAM at competitive prices. These advancements enable manufacturers to meet the stringent quality standards and cater to the growing demand from various industries.

Innovations in Application Areas: Innovations in application areas such as advanced coatings, 3D printing materials, and biocompatible adhesives drive the exploration of new uses for DAAM. Research and development efforts focus on harnessing the unique properties of DAAM to address specific challenges in different industries.

Market Challenges:

The diacetone acrylamide (DAAM) market faces several challenges that impact its dynamics and growth potential. One significant challenge is the volatility in raw material prices, as DAAM production is closely tied to the prices of key feedstocks. Fluctuations in these costs can affect the overall production costs and, consequently, the pricing of DAAM in the market. Additionally, stringent environmental regulations and increasing concerns about the ecological impact of chemical production pose challenges to manufacturers, requiring compliance with rigorous standards. Global economic uncertainties and geopolitical tensions can further influence market dynamics, affecting demand patterns across industries.

Market Opportunities:

Despite challenges, the diacetone acrylamide (DAAM) market presents promising opportunities for growth and innovation. The increasing emphasis on sustainable and eco-friendly materials opens avenues for DAAM, given its environmentally friendly characteristics. As industries strive for high-performance materials in applications like coatings, adhesives, and sealants, DAAM’s versatile properties position it as a key component for meeting these demands. With the expanding construction and infrastructure development in emerging economies, there is a growing market for DAAM in construction materials. Furthermore, advancements in technology and manufacturing processes offer opportunities for the development of new and specialized applications, such as 3D printing materials and biocompatible adhesives.

Market Insights:

The global diacetone acrylamide market is bifurcated into application, end-use industry, and geography. On the basis of application, the market is further segmented into coatings, adhesives, textile auxiliaries, paper additives, and others. The coatings and adhesives segments are often considered dominant due to their widespread applications and high demand in key industries. The coatings segment is often dominant, driven by the increasing demand for high-performance coatings in industries such as construction, automotive, and electronics. DAAM’s properties, including excellent adhesion, durability, and chemical resistance, make it a preferred choice for formulating coatings that protect surfaces from wear, corrosion, and environmental factors. The construction boom and infrastructure development in emerging economies contribute significantly to the demand for coatings, further enhancing the prominence of this segment. The adhesives segment is also a dominant application area for DAAM. The versatility of DAAM in bonding different substrates and providing strong adhesion is crucial in industries like construction, where adhesives are used for structural bonding, and in the automotive and electronics sectors for various assembly applications. The growth of these industries and the continuous need for reliable bonding solutions contribute to the dominance of the adhesives segment.

Coatings: In the coatings segment, DAAM serves as a crucial component, offering excellent adhesion and durability. It finds application in protective coatings for metals, plastics, and wood, providing enhanced resistance to wear, chemicals, and weathering.

Adhesives: DAAM plays a vital role in adhesives due to its adhesive strength and compatibility with different substrates. It is widely utilized in industries such as construction, automotive, and electronics for bonding various materials, contributing to the overall strength and durability of adhesive formulations.

Textile Auxiliaries: DAAM is employed in textile auxiliaries to enhance the performance of textiles. It imparts desirable properties such as strength, elasticity, and resistance to chemicals, making it valuable in the textile industry for improving the quality and functionality of fabrics.

Paper Additives: The paper additives segment benefits from DAAM’s characteristics in enhancing the strength and surface properties of paper products. It is used in paper manufacturing to improve the overall quality of paper, contributing to its resilience and printability.

Others: Beyond the specified categories, DAAM finds applications in various other industries, including personal care products, water treatment chemicals, and oil field chemicals. Its adaptability to different formulations makes it a versatile chemical in addressing specific needs across diverse sectors.

The diacetone acrylamide market research report presents the analysis of each segment from 2020 to 2030 considering 2023 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2024 to 2030.

Historical & Forecast Period

  • 2020-22 – Historical Year
  • 2023 – Base Year
  • 2024-2030 – Forecast Period

Market Segmentation:

By Application:

  • Coatings
  • Adhesives
  • Textile Auxiliaries
  • Paper Additives
  • Others

By End-Use Industry:

  • Construction
  • Automotive
  • Textiles
  • Paper and Packaging
  • Electronics
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, The Asia-Pacific region is often considered a dominant player in the DAAM market. The robust industrialization, rapid urbanization, and substantial economic growth in countries such as China, India, and Japan contribute significantly to the demand for DAAM. Industries like construction, automotive, and electronics in this region are key consumers of coatings, adhesives, and other applications where DAAM is extensively used. The expanding manufacturing sector and infrastructure development projects further drive the demand for DAAM in the Asia-Pacific region.

Furthermore, the North America and Europe regions also hold a substantial share in the DAAM market, driven by well-established industries and a focus on technological advancements. The construction and automotive sectors in North America and Europe contribute to the demand for high-performance materials, including DAAM in coatings and adhesives. The presence of stringent environmental regulations in these regions also supports the use of DAAM, known for its eco-friendly characteristics.

Competitive Landscape:

Some of the prominent market players operating in the global diacetone acrylamide market are SNF Holding Company, Merck KGaA, Nippon Shokubai Co., Ltd., Zibo Xinye Chemical Co., Ltd., and Jiangsu Feixiang Chemical Co., Ltd. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • SNF Holding Company
  • Merck KGaA
  • Nippon Shokubai Co., Ltd.
  • Zibo Xinye Chemical Co., Ltd.
  • Jiangsu Feixiang Chemical Co., Ltd.
  • Kemira Oyj
  • Mitsubishi Chemical Corporation
  • Ashland Global Holdings Inc.
  • Formosa Plastics Corporation
  • Jiangsu High Hope International Group

Key Questions Answered by Diacetone Acrylamide Market Report

  • Global diacetone acrylamide market forecasts from 2024-2030
  • Regional market forecasts from 2024-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2024-2030 covering 15 major countries from the regions as mentioned above
  • Diacetone acrylamide submarket forecasts from 2024-2030 covering the market by application, end-use industry, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level diacetone acrylamide markets from 2024-2030
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Contents:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Diacetone Acrylamide Market Portraiture
2.2. Global Diacetone Acrylamide Market, by Application, 2023 (USD Mn)
2.3. Global Diacetone Acrylamide Market, by End-Use Industry, 2023 (USD Mn)
2.4. Global Diacetone Acrylamide Market, by Geography, 2023 (USD Mn)

 

3. Global Diacetone Acrylamide Market Analysis


3.1. Diacetone Acrylamide Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis

 

4. Global Diacetone Acrylamide Market by Application, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. Coatings
4.3. Adhesives
4.4. Textile Auxiliaries
4.5. Paper Additives
4.6. Others

 

5. Global Diacetone Acrylamide Market by End-Use Industry, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. Construction
5.3. Automotive
5.4. Textiles
5.5. Paper and Packaging
5.6. Electronics
5.7. Others

 

6. North America Diacetone Acrylamide Market Analysis and Forecast, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. North America Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
6.3. North America Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
6.4. North America Diacetone Acrylamide Market by Country, (2020-2030 USD Mn)
6.4.1. U.S.
6.4.1.1. U.S. Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
6.4.1.2. U.S. Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
6.4.2. Canada
6.4.2.1. Canada Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
6.4.2.2. Canada Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
6.4.3. Mexico
6.4.3.1. Mexico Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
6.4.3.2. Mexico Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)

 

7. Europe Diacetone Acrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


7.1. Overview
7.2. Europe Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
7.3. Europe Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
7.4. Europe Diacetone Acrylamide Market by Country, (2020-2030 USD Mn)
7.4.1. Germany
7.4.1.1. Germany Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
7.4.1.2. Germany Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
7.4.2. U.K.
7.4.2.1. U.K. Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
7.4.2.2. U.K. Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
7.4.3. France
7.4.3.1. France Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
7.4.3.2. France Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
7.4.4. Spain
7.4.4.1. Spain Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
7.4.4.2. Spain Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
7.4.5. Italy
7.4.5.1. Italy Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
7.4.5.2. Italy Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
7.4.6. Rest of Europe
7.4.6.1. Rest of Europe Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
7.4.6.2. Rest of Europe Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)

 

8. Asia Pacific Diacetone Acrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


8.1. Overview
8.2. Asia Pacific Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
8.3. Asia Pacific Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
8.4. Asia Pacific Diacetone Acrylamide Market by Country, (2020-2030 USD Mn)
8.4.1. China
8.4.1.1. China Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
8.4.1.2. China Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
8.4.2. Japan
8.4.2.1. Japan Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
8.4.2.2. Japan Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
8.4.3. India
8.4.3.1. India Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
8.4.3.2. India Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
8.4.4. South Korea
8.4.4.1. South Korea Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
8.4.4.2. South Korea Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
8.4.5. Rest of Asia Pacific
8.4.5.1. Rest of Asia Pacific Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
8.4.5.2. Rest of Asia Pacific Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)

 

9. Latin America (LATAM) Diacetone Acrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


9.1. Overview
9.2. Latin America Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
9.3. Latin America Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
9.4. Latin America Diacetone Acrylamide Market by Country, (2020-2030 USD Mn)
9.4.1. Brazil
9.4.1.1. Brazil Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
9.4.1.2. Brazil Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
9.4.2. Argentina
9.4.2.1. Argentina Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
9.4.2.2. Argentina Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
9.4.3. Rest of Latin America
9.4.3.1. Rest of Latin America Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
9.4.3.2. Rest of Latin America Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)

 

10. Middle East and Africa Diacetone Acrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


10.1. Overview
10.2. MEA Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
10.3. MEA Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
10.4. Middle East and Africa Diacetone Acrylamide Market, by Country, (2020-2030 USD Mn)
10.4.1. GCC
10.4.1.1. GCC Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
10.4.1.2. GCC Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
10.4.2. South Africa
10.4.2.1. South Africa Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
10.4.2.2. South Africa Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)
10.4.3. Rest of MEA
10.4.3.1. Rest of MEA Diacetone Acrylamide Market by Application, (2020-2030 USD Mn)
10.4.3.2. Rest of MEA Diacetone Acrylamide Market by End-Use Industry, (2020-2030 USD Mn)

 

11. Competitive Landscape


11.1. Company Market Share Analysis, 2023
11.2. Competitive Dashboard
11.3. Competitive Benchmarking
11.4. Geographic Presence Heatmap Analysis
11.5. Company Evolution Matrix
11.5.1. Star
11.5.2. Pervasive
11.5.3. Emerging Leader
11.5.4. Participant
11.6. Strategic Analysis Heatmap Analysis
11.7. Key Developments and Growth Strategies
11.7.1. Mergers and Acquisitions
11.7.2. New Product Launch
11.7.3. Joint Ventures
11.7.4. Others

 

12. Company Profiles


12.1. SNF Holding Company
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Merck KGaA
12.3. Nippon Shokubai Co., Ltd.
12.4. Zibo Xinye Chemical Co., Ltd.
12.5. Jiangsu Feixiang Chemical Co., Ltd.
12.6. Kemira Oyj
12.7. Mitsubishi Chemical Corporation
12.8. Ashland Global Holdings Inc.
12.9. Formosa Plastics Corporation
12.10. Jiangsu High Hope International Group
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