News Contact Us

Polyacrylamide Market is likely to reach $8 billion by 2026, Says Global Market Insights Inc.

Author : Ravi Chawat | Published Date : 2020-10-09 

According to the report published by Global Market Insights, Inc., the polyacrylamide market size is anticipated to hit $8 billion by 2026, registering a CAGR of 9% from 2019 to 2026. Expanding product demand as a flocculant and thickening agent for water treatment operations in various industries will aid industry growth.

Rising demand for processing wastewater in industries and from municipal sources has resulted in the greater demand for polyacrylamide as a suitable coagulant. Polyacrylamide finds extensive commercial application in the clarification of water in industrial and municipal processes.

Among the range of available natural and synthetic polymers, polyacrylamide (PAM) and its derivatives are truly crucial and extensively used flocculants. Its product segment is divided into non-ionic, cationic, anionic and others. The other segment largely includes acrylamide (homopolymer of PAM) and its other copolymers such as amphoteric polyacrylamide. The distinction in various product exits on the basis of their production methods and mainly the presence or absence of charged group attached to its molecular chain. Nonionic PAM has no charge group while the anionic and cationic have negative and positive charge groups respectively.

Request for Sample Reporthttps://www.gminsights.com/request-sample/detail/1891

Cationic polyacrylamide has the second-largest share of over 30% in PAM market segment. It is largely used in used as a sludge conditioner due to its properties such as low dosage requirement, high efficiency, and pollution-free effects. CPAM is observed to be efficient when used together with inorganic coagulants. With the growth of the wastewater treatment sector, the demand for both anionic and cationic polyacrylamide is expected to grow in various processes over the forecast period.

Polyacrylamide market will be gaining traction as a retention aid in the papermaking sector. Currently, CPAM is largely used at the wet end of the paper manufacturing to enhance retention of fillers, fine particles, additives & sizing agent throughout the creation of paper. Rising scope for paper & cardboard as suitable packaging material in industries such as food & beverages, textiles, apparel, consumer & personal care and pharmaceuticals will drive the CPAM growth over the forecast period.

Europe has a mature water treatment sector, with countries such as Germany, France, and Italy leading the region. It holds substantial regulatory check over the standardization in wastewater management. In North America, wastewater and shale oil recovery are the major application that will drive the polyacrylamide market over the forecast period. Enhanced efforts in EOR capacities for extracting shale gas will propel the demand for polyacrylamide in hydraulic fracturing operations in the forecast period.

Some major findings of the polyacrylamide market report include:

  • Intensifying government measures to conserve water and process wastewater has given a boost to the product demand for water treatment plants in the Asia Pacific.
  • Cationic polyacrylamide use will observe a surge as retention aids in papermaking sector
  • Instable crude oil prices along owing to varying economic and geopolitical factors may limit the sector growth over the projected timeframe.
  • PAM use in other industries such as mining, and textile is poised to grow over the forecast period.
  • Global demand for the polyacrylamide market will observe a faster rate across the Asia Pacific owing to the rapid industrialization, urbanization in India, Indonesia, and other ASEAN economies.

Leading market players

Leading players analyzed in the global polyacrylamide industry include BASF, Envitech Chemical Specialities Pvt. Ltd, Kemira, Shuiheng Chemicals, Shandong Polymer Biochemicals Co. Ltd, Solvay, King Union Group, SNF Floerger Group, Solenis, Yixing Bluwat Chemicals, Anhui Jucheng Fine Chemicals, Mitsubishi Rayon Co Ltd., Xitao Polymer Co Ltd, and PetroChina Company.

About Author

Ravi Chawat

Ravi Chawat

Ravi Chawat holds a bachelor's degree in Electronics and Telecommunication Engineering. He has worked closely with industry specialists from different segments including chemicals, food and beverages, construction and manufacturing & energy and power. Ravi's article concentrates principally on balancing relevant data but never at the expense of making the content engaging. He believes in giving fair-minded information to guide significant business choices. [email protected] | https://twitter.com/RaviChawat

Related News

Construction chemicals market Size, Future Scope, Demands and Projected Industry Growth to 2024

Published Date: 2020-11-27         Author: Ravi Chawat

The latest research reports say that the Global construction chemicals market size will reach US$50 billion by 2024. Explained below are a few notable factors augmenting the product demand over the next few years. The industry is highly competitive with market players primarily depending o... Read More

Biaxially oriented polypropylene market to witness increased traction from tobacco product packaging Application

Published Date: 2020-11-27         Author: Ravi Chawat

BOPP is extensively used in the packaging of cosmetic and pharmaceutical products as it helps in protecting the product from any damage and preserving the important properties. The cosmetic industry in 2015 held a considerable revenue of nearly US$210 billion and is likely to grow significantly in t... Read More

Metalworking fluids market in Asia Pacific to see robust growth from automobile and manufacturing sector

Published Date: 2020-11-27         Author: Ravi Chawat

Asia Pacific dominated the global metalworking fluids market size in 2019 on account of robust growth of the automobile and manufacturing sector. The region is expected to lead the industry up to 2025 followed by Europe. Rapid industrialization and urbanization in Middle East and Africa region along... Read More

© 2020 Fractovia. All Rights Reserved