Polyacrylamide Industry to See Robust Expansion, Valued at $8.86 Billion by 2029

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What Is the Projected CAGR for the Polyacrylamide Market from 2024 to 2025?
In recent years, there has been a significant expansion in the polyacrylamide market size. The market, which was worth $5.77 billion in 2024, is predicted to increase to $6.19 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.3%. This robust growth in the past years can be linked to several factors, such as the increased use of polyacrylamide, the expansion of the pulp and paper industry, a robust economy, a surge in demand for polyacrylamide in oil recovery, and government mandates for wastewater treatment.

What are the Expected Market Size and CAGR for Polyacrylamide by 2029?
Expect a significant expansion in the polyacrylamide market size in the upcoming years, reaching an estimate of $8.86 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 9.4%. This anticipated growth within the forecast period may be ascribed to the rising needs for wastewater treatment, accelerated industrial advancements, increasing oil and gas industry in Asia-Pacific and the evolution of bio-based polyacrylamide. Notable trends for the predicted period encompass technological progress, augmented demand in mining operations, growth in production capabilities, the integration of safe environment sensors, and the formation of strategic partnerships.

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Which Factors Are Driving the Global Polyacrylamide Market Expansion?
Anticipated growth in the polyacrylamide market is largely driven by a rising demand for wastewater treatment in the coming years. The process of wastewater treatment involves the elimination of contaminants from wastewater or sewage and their conversion into an effluent that can be safely reintroduced to the water supply with minimal environmental impact. Polyacrylamide and its co-polymers act as flocculants or coagulants in wastewater launders. Worldwide, approximately 52% of wastewater undergoes treatment, according to research by the United Nations University Institute for Water, Environment, and Health. By 2040, it's projected that global demand might exceed supply by 50%. In further support, NITI Aayog has reported that due to heightened demand for municipal and sewage water treatment plants, India's wastewater treatment plant market is poised to hit $4.3 billion by 2025. Consequently, the growing need for wastewater treatment set to propel the expansion of the polyacrylamide materials market.

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Which Segment Currently Holds the Largest Share of the Polyacrylamide Market?
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

Subsegments:
1) By Anionic: Low Molecular Weight Anionic Polyacrylamide, High Molecular Weight Anionic Polyacrylamide
2) By Cationic: Low Molecular Weight Cationic Polyacrylamide, High Molecular Weight Cationic Polyacrylamide
3) By Nonionic: Low Molecular Weight Nonionic Polyacrylamide, High Molecular Weight Nonionic Polyacrylamide
4) By Others: Amphoteric Polyacrylamide, Specialty Polyacrylamide Products

Which Major Trends Are Shaping the Future of the Polyacrylamide Industry?
The increasing popularity of expanding production capacity is a notable trend in the polyacrylamide market. Polyacrylamide manufacturers are augmenting their production capacities and enhancing their production abilities to cater to the rising demand from sectors such as oil and gas, mining, and wastewater treatment. For example, in June 2024, SNF Holding Company Inc, an American chemicals company, and SNF Australia invested $18 million to enlarge their polyacrylamide manufacturing plant in Lara, thereby strengthening their presence in the global market. The improved facility manufactures crucial polymers, like flocculants and coagulants, for sectors including agriculture, mining, and oil and gas. Their customer base includes Barwon Water and leading companies in sectors such as drinking water production, wastewater treatment, and textiles.

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Which Key Players Dominate the Polyacrylamide Industry Globally?
Major companies operating in the polyacrylamide market include Ashland Inc., BASF SE, 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, 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, Lawsam Chemicals (U) Ltd, AECI Mining chemicals, Protea Chemicals

What Are the Fastest-Growing Regions in the Polyacrylamide Market?
Asia-Pacific was the largest region in the polyacrylamide market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the polyacrylamide market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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