Press release
Know How Polyacrylamide Market is Thriving Worldwide? Key Players BASF, PetroChina Company Limited, Kemira, Solenis, and Anhui Jucheng Fine Chemicals Co. Ltd.
GMI
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Polyacrylamide Market size is expected to surpass USD 10.7 billion. Increasing adoption of water treatment unit to treat waste water released from industrial and household sector has been a major factor propelling the product demand during the forecast period. It has been principally involved as a flocculant in the industrial sector due to its high mixing ability, non-poisonous nature, water solubility, etc. Ministries and regulatory bodies have formulated stringent laws to protect environment and practice sustainable business development in the near future. These trends are probable to continue which will have a positive influence on the polyacrylamide market size by 2024.
Swiftly exhausting natural resources and strong awareness among consumers primarily in the Asia Pacific has been playing an important role in prevailing water treatment units in the industrial and household sector. Furthermore, product finds wide-ranging applications in the upstream petroleum industry for attaining crude oil present beneath the earth surface. This is credited to its versatile features including high thickness, gel formation and henceforth making it preferable in the enhanced oil recovery (EOR) process. A major chunk of over 600 tcf (trillion cubic feet) of proven and attainable unconventional gas reserves are present in the U.S. which are probable to be recovered in the near future which will drive polyacrylamide market size by 2024.
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Polyacrylamide market size for water treatment is projected to rise with more than 8% CAGR by 2024. Escalating population primarily in the emerging economies has been increasing waste water coming from industrial and household sector. Improving laws imposed by ministries and regulators in the Asia Pacific has compelled industries to adopt water treatment units which will push product demand and will help attain prominent gains over the projected timeframe.
Partial Chapter of the Table of Content
Chapter 3. Polyacrylamide Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 – 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Rising product demand in the water treatment facilities in Asia Pacific
3.4.1.2. Escalating product demand in petroleum industry in North America
3.4.2. Industry pitfalls & challenges
3.4.2.1. Volatile raw material prices
3.4.2.2. Shifting market focus to bio-based products
3.5. Growth potential analysis
3.6. Regulatory trends
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Porter’s analysis
3.8. Company market share analysis, 2016
3.8.1. Strategy dashboard
3.9. PESTEL analysis
3.10. Regional price trends
3.10.1. Cost structure analysis
3.10.2. Raw material trends
Chapter 4. Polyacrylamide Market, By Product
4.1. Polyacrylamide market share by product, 2016 & 2024
4.2. Non-ionic
4.2.1. Market estimates and forecasts, 2013 – 2024
4.2.2. Market estimates and forecasts by region, 2013 – 2024
4.3. Cationic
4.3.1. Market estimates and forecasts, 2013 – 2024
4.3.2. Market estimates and forecasts by region, 2013 – 2024
4.4. Anionic
4.4.1. Market estimates and forecasts, 2013 – 2024
4.4.2. Market estimates and forecasts by region, 2013 – 2024
4.5. Others
4.5.1. Market estimates and forecasts, 2013 – 2024
4.5.2. Market estimates and forecasts by region, 2013 – 2024
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North America polyacrylamide market size is predictable to reach over USD 2.1 billion by 2024. This is owing to the prevailing unconventional gas resources in the U.S. which will stimulate product demand for its applications in the EOR technology to attain crude oil. In addition, strong regulatory framework against factors having hazardous environment impact to maintain sustainable business development will further drive product demand to be used across waste water treatment plants which will drive the polyacrylamide market size by 2024.
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