
Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Acetamide is produced using acetic acid and ammonia, so the price trend for Acetamide align closely with both its feedstock chemicals. Furthermore, owing to the versatility of its usage, industrial consumption from different sectors also determines the market trend for Acetamide.
In the first two quarters of 2023, the market trend for Acetamide were very mixed. The economic recovery in the Chinese market was underwhelming; the manufacturing activities could still not scale up to the pre-covid times. So, the acetamide requirements were still low, and the prices wavered on the lower side of the scale throughout the said period.
However, the European Acetamide markets were relatively stable than the Asian markets since the restored supply chains pushed forward offshore trading. Consequently, the end user consumption also started rising, as a result of which the supply and demand dynamics improved somewhat in the European region. Overall, fluctuating market trend were observed for Acetamide.
Analyst Insight
According to Procurement Resource, the Acetamide market is likely to continue fluctuating going forward as well since the downstream demands will continue to be the primary driving factor.
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Acetamide is an organic compound represented by the chemical formula CH3CONH2. A white crystalline solid, it is synthesized through the reaction of acetic acid and ammonia. With versatile applications, acetamide serves as a key chemical intermediate in the production of pharmaceuticals, plastics, and various industrial chemicals, contributing to diverse industrial processes.
C2H5NO
Pharmaceuticals, Plastics , Chemical Manufacturing, Textiles, Agrochemicals, Cosmetics
DuPont, Solvay SA, The Lubrizol Corporation, Vantage Specialty Chemicals, Shanghai Time Chemicals CO., Ltd., Henan Tianfu Chemical Co.,Ltd. , ALB Technology Limited, Indenta Chemicals
Ethanamide, Acetic acid amide
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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In this reaction, ammonia and acetic acid produce ammonium acetate salt. When ammonium acetate is subjected to temperatures above 165 degrees, it undergoes decomposition and yields acetamide along with water molecules.
When acetonitrile is treated with peroxides, it undergoes hydrolysis and yields acetamide along with molecular oxygen.

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