How big is the polyacrylamide market?

Get a sample of this industry analysis as a free report PDF download. The Polyacrylamide Market is expected to reach 2.17 million tons in 2024 and grow at a CAGR of 5.45% to reach 2.84 million tons by 2029. SNF Group, Kemira, BASF SE, Solenis and Solvay are the major companies operating in this market.

Which region dominated the polyacrylamide market in 2022?

The Asia-Pacific region dominated the polyacrylamide market in 2022 with a considerable volume share, and it is expected to maintain its dominance during the forecast period. In recent years, China has increased the use of treated water to reduce its dependency on fresh water.

Why is acrylamide monomer affecting the biomedical industry?

Health concerns caused by exposure to acrylamide monomer is expected to hinder the market's growth. The emerging application of polyacrylamide in the biomedical industry and the development of bio-based polyacrylamide are expected to offer lucrative opportunities to the market.

What are the key factors affecting acrylamide market growth?

In the medium term, the growing utilization in the oil and gas industry for enhanced oil recovery and the increasing need for polyacrylamide as a flocculant in the water treatment industry are expected to drive demand. Health concerns caused by exposure to acrylamide monomer is expected to hinder the market's growth.

Who are the major players in the polyacrylamide market?

The polyacrylamide market is highly consolidated, with the major players accounting for a major market share. Some of the major players in the market (not in any particular order) include SNF Group, BASF SE, Kemira, Solenis, and Solvay, among others. Need More Details on Market Players and Competitors?

Why is polyacrylamide used in water & wastewater industry?

The use of polyacrylamide in the water and wastewater industry minimizes the usage of other conventional flocculants for the removal of bacteria, viruses, algae, and other unwanted impurities, resulting in significantly less sludge and making the process more economical and cost-effective.