Polyacrylamide Global Market Report 2024 - By Report, Size, Share, Key Trends, Forecast To 2033

"The new report published by The Business Research Company, titled Polyacrylamide Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the polyacrylamide market size has grown strongly in recent years. It will grow from $5.32 billion in 2023 to $5.81 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The polyacrylamide market size is expected to see strong growth in the next few years. It will grow to $8.22 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.

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Polyacrylamide Market Growth Fueled By Rising Demand For Wastewater Treatment
The increasing need for wastewater treatment is expected to fuel the growth of the polyacrylamide market over the coming years. Wastewater treatment is the method of removing pollutants from wastewater or sewage and converting them to effluent that can be added to the water supply with minimal environmental effects. Polyacrylamide and its co-polymers are used as flocculants or coagulants in wastewater treatment. For instance, according to a study from the United Nations University Institute for Water, Environment, and Health, about 52% of wastewater is treated worldwide. It is also estimated that by 2040 global demand could exceed supply by 50%. Additionally, NITI Aayog reported that India's wastewater treatment plants market is expected to reach $ 4.3 billion by 2025 owing to increasing demand for municipal water as well as sewage water treatment plants across the country. Therefore, the increasing need for wastewater treatment is expected to drive the growth of the polyacrylamide materials market.

Polyacrylamide Market Witnesses Growth Through Production Capacity Expansions
Production capacity expansions are a key trend gaining popularity in the polyacrylamide market. Manufacturers in the polyacrylamide industry are scaling up their production capacities and expanding their production capabilities to meet increased demand from various sectors such as wastewater treatment, oil and gas, and mining. For instance, in February 2021, SNF Holding Firm, a specialty chemicals company, announced an investment of $300 million in the USA in 2021-2022 to increase powder-grade polyacrylamide production by 30,000 metric tonnes per year and Acrylamide production by 100,000 m.t./yr at its Plaquemine, Louisiana location. SNF is committed to the USA continuing to invest in polyacrylamide to meet expanding demand in municipal and industrial water treatment, oil and gas, mining and construction, paper, agriculture, and personal and home care.

The polyacrylamide market covered in this report is segmented -
1) By Product Type: Anionic, Cationic, Nonionic, Others
2) By Physical Form: Powder, Liquid, Emulsion Or Dispersions
3) By End User: Water Treatment, Food And Beverage, Personal Care, Health Care, Others

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Major companies operating in the polyacrylamide market report are Ashland Inc., BASF SE, SNF Floerger Group, Kemira, Solvay, Petro China, Bluwat Chemicals, Black Rose Industries Ltd, Anhui Jucheng Fine Chemicals Co. Ltd, Xitao Polymer Co Ltd, Feymer, Ningxia Yongruida Carbon Co.Ltd, Merck, China National Petroleum Corporation, Beijing Hengju Oilfield Chemical Agent Co. Ltd., Anhui Tiarun Chemical, Daqing Petrochemical Company, Shandong Polymer Bio-chemicals Co. Ltd, Kasakrom, Cemotech, Chevron Philips, Eastman Chemical Company, Dupont, Exxon Mobil, Huntsman, INEOS Group, Lyondellbasell, Smolecule, Sigma Aldrich, Alfa Aesar, Otava Chemicals, Thermo Fisher Chemicals, MK Chemicals of Brazil Ltda, AXCHEM Brazil Chemical Industry, SNF Holding Company, Indo Jordan Chemicals Company, GAP Polymers, Ahlia chemicals company, Zamil Plastic Industries Ltd, Northern Vinyl Supplies, Lawsam Chemicals (U) Ltd, AECI Mining chemicals, Protea Chemicals

Contents of the report:
1. Executive Summary
2. Polyacrylamide Market Report Structure
3. Polyacrylamide Market Trends And Strategies
4. Polyacrylamide Market - Macro Economic Scenario
5. Polyacrylamide Market Size And Growth
…..
27. Polyacrylamide Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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