Global Polyacrylamide Market
Polyacrylamide market is expected to grow from its estimated USD 5.39 billion in 2022 to USD 10.23 billion by the end of 2030, according to a report released by Zion Market Research. Over the course of the projection period, the market is anticipated to expand at a CAGR of 8.34%.
👉 Global Polyacrylamide Market: Overview
Polyacrylamide is a polymer that is created by the synthesis of acrylamide subunits and is widely utilized in the water treatment and papermaking industries. The need for wastewater management and growing environmental concerns have raised polyacrylamide demand. In water management, flocculants and coagulants—organic polymers—help separate suspended solid or liquid particles. Here, coagulant polyacrylamide is used to improve the coagulation-flocculation process. In the pad drilling method that is typically used to produce shale gas, polyacrylamide reduces friction.
👉 Global Polyacrylamide Market: Growth Factors
The mining industry uses polyacrylamide extensively to separate minerals and ores in the mines, which is anticipated to fuel the expansion of the polyacrylamide market. The bio-based acrylamide is being commercialized by few polyacrylamide manufacturers, which presents a huge growth opportunity for the global market. Anionic polyacrylamide is used by certain farmers and builders as a means of halting soil erosion by retaining suspended sediments. In order to increase the market for polyacrylamide, anionic polyacrylamide is also utilized in the processes of sugar juice clarification, water recycling, fermentation byproduct recovery, and water clarifying. But excessive polyacrylamide use is bad for human health, which is why the government and numerous environmental organizations have put limits on polyacrylamide use.
👉 Major market players influencing the global polyacrylamide market are:
Anhui Jucheng Fine Chemicals Co., LTD.
SNF
BASF.
Solenis
Polyacrylamide Market Size, Share, Growth Report
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