Polyacrylamide Market Industry Status And Detailed Analysis 2020-2023 | AnHui JuCheng Fine Chemicals Co., Ltd., Ashland Inc., BASF, Beijing Hengju Oilfield Chemical Agent Co

The global polyacrylamide market is expected to register a CAGR of 6.3% during the forecast period, 2018 to 2023. Asia-Pacific held the largest market, accounting of more than 40% of the global market share, followed by North America (mainly the United States) and Europe in 2017.

Make an Inquiry about this report:

https://www.marketinsightsreports.com/reports/0417446293/global-polyacrylamide-market-segmented-by-product-type-production-process-application-end-user-industry-and-geography-growth-trends-and-forecasts-2018-2023/inquiry?source=MW&Mode=21

Market By Top Companies:

AnHui JuCheng Fine Chemicals Co., Ltd., Ashland Inc., BASF, Beijing Hengju Oilfield Chemical Agent Co. Ltd., Black Rose, China National Petroleum Corporation, Ecolab, Envitech Chemicals Specialties Pvt. Ltd., Fexiang Group of Companies, Kemira, King Union Group Corp., Liaocheng Yongxing Environmentals, PetroChina Company Ltd., Puyang Longquan Polymer Co. Ltd, Shandong Tongli Chemical Co. Ltd., Shuiheng Chemicals, Sinopec, SNF Floerger, Tainrun Chemicals, DowDupont, Xiltao Polymers, Yixing Cleanwater Chemicals Co., Ltd.

Industry Research Coverage

Growing Demand for Anionic Polyacrylamide as a Flocculent

The polyacrylamide market, based on ionic nature, is divided into anionic, cationic, non-ionic, and others. Anionic polyacrylamide is expected to hold the largest market, with approximately 40% of market share, followed by cationic polyacrylamide in 2017. Anionic polyacrylamide is highly used as a flocculating agent for industrial wastewater treatment and municipal sewage treatment. Furthermore, it is also used in industries, such as mining, paper processing, mineral processing, and metallurgy to improve the separation effect of solid-liquid, decrease the environmental pollution, as well as to reduce production cost. In the mining industry, anionic polyacrylamide is highly used as a flocculent to extract zinc, copper, cobalt, uranium, etc. from mining wastewater. The market for mining wastewater treatment is growing in countries, such as China, India, and Japan, due to the growing government initiatives for environmental protection and water sustainability. This, in turn, is expected to boost the demand for polyacrylamide through the forecast period (2018 - 2023).

Rising Usage of Polyacrylamide in Oil Industry

The growing use of polyacrylamide in the oil industry for enhanced oil recovery is supporting the growth of the market at a significant rate. Polyacrylamide is used in the drilling of mud additives and fracturing fluids in oilfields. Additionally, polyacrylamide is used in tertiary recovery of oilfields in order to extract more crude oil. Numerous oil fields around the world are becoming mature, hence depleting the production obtained from natural drive. This is increasing the need for application of enhanced oil recovery methods for achieving better oil production rates and maintaining the longevity of the well. The market for enhanced oil recovery is expected to increase at a significant rate in countries such as the United States, China, and Saudi Arabia. The usage of polyacrylamide in the oil industry is expected to boost the growth of the global polyacrylamide market over the forecast period. Polyacrylamide is extensively used in enhanced oil recovery, which is expected to drive the market for polyacrylamide in coming years.

Read Detailed Index of full Research Study at:

https://www.marketinsightsreports.com/reports/0417446293/global-polyacrylamide-market-segmented-by-product-type-production-process-application-end-user-industry-and-geography-growth-trends-and-forecasts-2018-2023?source=MW&Mode=21

Notable Developments in the Market

Oct 2017: BASF launched its enzyme-based production plant with the capacity of 50,000 tons of bio-catalyzed acrylamide per year in China to strengthen its production of polyacrylamide in the Asia-Pacific region.

Apr 2016: BASF launched its production plant of polyacrylamide in Bradford to strengthen polyacrylamides production in the United Kingdom..

Major points covered in this research are:-

─Polyacrylamide Market Overview, Segment by Type (Product Category), by Application, by Region (2020-2023), Competition by Manufacturers

─Global Market Size (Value) of Polyacrylamide (2020-2023)

─Global Polyacrylamide Capacity, Production, Revenue (Value), Supply (Production), Consumption, Export, Import by Region (2020-2023)

─Global Polyacrylamide Production, Revenue (Value), Price Trend by Type

─Global Polyacrylamide Market Analysis by Application

─Global Polyacrylamide Manufacturers Profiles/Analysis

─Polyacrylamide Manufacturing Cost Analysis

─Industrial Chain, Sourcing Strategy and Downstream Buyers

─Marketing Strategy Analysis, Distributors/Traders

─Market Effect Factors Analysis

─Global Polyacrylamide Market Forecast (2020-2023)

─Competitive Landscape

─Research Findings and Conclusion

Finally, this Polyacrylamide report covers the market scenario and its development prospects over the coming years. The report likewise manages the type analysis, contrasting it with the significant application, recent Polyacrylamide product development, and gives an outline of the potential global market.

Contact US:

Irfan Tamboli (Sales)

Phone: + 1704 266 3234

Mob: +91-750-707-8687

sales@marketinsightsreports.com

irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.