September 19, 2019

Diacetone Acrylamide Market is likely to register double digit CAGR during 2023

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.

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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.