Polyacrylamide Market to see 9% CAGR over 2020-2026 | Top Key Players are BASF, SNF Floerger Group, Ashland, ZL Petrochemicals

As per the latest research report, Polyacrylamide Market was exceeded $3.9 billion in 2018 and will surpass USD 9 billion by 2026. This growth can be largely attributed to strong product demand in water treatment, petroleum, and paper-making applications.

Polyacrylamide market can be classified into water treatment, petroleum, paper making, and others, based on the application landscape. The others segment includes mining and textile applications. The others segment is projected to experience a healthy 6.9% CAGR during the analysis period. This can be credited to the growing use of the product as textile auxiliaries.

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Polyacrylamide market In the textile industry, polyacrylamide is added in small quantities along with other chemicals during textile manufacturing for textile sizing. The product has excellent hygroscopicity, dispersion, adsorption, smoothness of size, and film forming capabilities along with high strength and low elasticity.

From a regional point of view, LATAM accounted for more than 5.1% share in polyacrylamide market during 2018. Ongoing EOR operations in the petroleum sector will drive regional growth in the future. In addition, a booming population and the subsequent need for effective wastewater treatment will augment LATAM polyacrylamide market share during the projected timeline.

The regional segmentation covers:

? Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)
? North America Region (U.S., Canada, Mexico)
? South America Region (Argentina, Brazil, Columbia, Rest of South America)
? Asia-Pacific Region (China, South Korea, Japan, Southeast Asia, India, Rest of Asia-Pacific)
? The Middle East & Africa Region (UAE, Saudi Arabia, Nigeria, South Africa, Egypt, Rest of MEA)

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Growing need for efficient wastewater management and treatment in the Middle East and Africa due to ongoing water scarcity issues are driving the regional demand. MEA polyacrylamide market is estimated to record a CAGR of more than 4.3% through 2024.

Top key players in the polyacrylamide market are BASF SE, SNF Floerger Group, Kemira Oyj, Solvay, Anhui Jucheng Fine Chemicals Co. Ltd, PetroChina Daqing Refining & Chemical Company, Anhui Tianrun Chemicals Co., Ltd, Beijing Hengju Chemical Group Corporation, Jiangsu Feymer Technology Co Ltd, Mitsubishi Rayon Co Ltd, Shadong Polymer Biochemicals Co. Ltd., Solenis, Ashland Inc., ZL Petrochemicals Co. Ltd, Yixing Bluwat Chemicals Co. Ltd, King Union Group Corp, Envitech Chemical Specialities Pvt.Ltd., Shuiheng Chemicals, and Xitao Polymer Co Ltd.

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Main Features of the Global Market Research Report:

The report delivers the market valuation as well as the projected growth rate of the market spanning all years till 2025.

-The report also describes the major drivers of the market by considering as well as taking calculated risks, in tandem with identifying and testing new strategies.

-The research report endorses a detailed industry chain analysis. Also, it covers the production process of the market, upstream raw material supplier information, raw material costs, labor costs, manufacturing costs, marketing channels, as well as the downstream buyers of the market.

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-The report analyses the various market segments and also provides their contribution to the development of the global industry.

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