Diacetone Acrylamide Market Segment Forecasts up to 2023 Research Reports- TransparencyMarketResearch
Diacetone
acrylamide (DAAM)
is a vinyl functional monomer that possesses appropriate solubility,
having reactivity ratio capable comonomers for forming copolymers and
polymers. Carbonyl groups of diacetone acrylamide readily link with
major amines such as adipic dihydrazide. The reaction proceeds
quickly due to which it is non-hazardous and
environmentally-friendly. This is makes it vital in a wide range of
applications. Diacetone acrylamide is used in various applications
such as in epoxy resins, coatings, personal care products, and as a
gelatin substitute.
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Epoxy
resins are thermosetting polymers due to which they are resistant to
high temperature and corrosive chemical activities. These resins are
categorized into two types: waterborne epoxy resins and oil-based
epoxy resins. Epoxy resins are used in the manufacture of plastic
coatings, printing inks, and wood coatings. Water-based epoxy resins
are also used as binders in cement and mortars, adhesives, and oil
drilling for solidifying sandy surfaces. However, the largest
end-users of waterborne epoxy resins are automotive and construction
industries. Waterborne epoxy resins are used in the manufacture of
automotive coating. Epoxy resins are used as additives and binders
due to their permanent hardening property. Automobile coating
protects vehicles against pollution and drastic weather conditions.
Additives
such as stearates, enamel pastes, and silver pastes are used along
with waterborne epoxy resins to improve the performance of automobile
coatings. Additives in presence of resins provide a glossy look to
the vehicle. Epoxy resins are used as additives and binders in
concrete-key ingredient of the construction industry. Demand for
epoxy resins is increasing considerably due to substantial growth in
the construction industry. Some of the largest vehicle manufacturers
in the world are present in Europe. Demand for waterborne epoxy
resins is the second-largest in Europe. Hence, demand for diacetone
acrylamide is expected to be high in epoxy resins.
Diacetone
acrylamide is also widely employed in coatings. Rising demand for
non-hazardous, eco-friendly, low VOC green coatings, is anticipated
to boost the demand for waterborne coatings in the next few years. In
addition, growth in construction and automotive industries is fueling
the demand for these coatings. However, rising consumption of other
green substrates such as powder coatings is expected to slow down the
growth of the coatings market. North America accounted for the
largest share in the industry for waterborne coatings. However,
market growth in the future is expected to be from emerging regions
such as Asia Pacific and is expected to follow a similar trend within
the forecast period owing to the expansions by the key manufacturers
in emerging economies such as India and China in the region. These
factors are expected to contribute significantly towards growing
consumption of diacetone acrylamide for coatings in the next few
years.
Diacetone
acrylamide is used in personal care products. For instance, 10 to 15%
of diacetone acrylamide is employed in hair gels. Skincare and hair
care are the largest segments present in the personal care industry.
These segments jointly accounted for over 50% of the total revenue
generated by the personal care industry in 2011. Skincare products
include face creams, hand and body lotions, sun care products, and
facial treatment products. On the other hand, the hair care treatment
market includes shampoos, conditioners, and serums. Changing
lifestyle and increase in disposable income of consumers,
particularly in emerging economies such as China, India, and Brazil,
are projected to drive the personal care industry. This, in turn, is
anticipated to raise the demand for skincare and hair care products.
Thus, demand for diacetone acrylamide is expected to increase in the
personal care industry.
Some
of the key players in the diacetone acrylamide market include Nippon
Kasei Chemical Co.,Ltd., KH Neochem Co., Ltd., Vinati Organics
Limited, and Metals Kingdom Industry Limited.
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