What is the growth rate of polyacrylamide market in Europe?

The Europe region is expected to witness significant growth at a CAGR of 5.8 % through the forecast period. The objective of the report is to present a comprehensive analysis of the international Polyacrylamide Market to the stakeholders in the industry.

How big is the polyacrylamide market?

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%.

What is the value of polyacrylamide market in 2022?

Polyacrylamide Market was valued at US$ 6.33 Bn. in 2022. Polyacrylamide Market size is expected to grow at a CAGR of 7.2% through the forecast period. Polyacrylamide is defined as an organic polymer extracted from the acrylamide subunit.

What are the different types of polyacrylamide market?

Based on Type: the Polyacrylamide Market is segmented into Cationic, Anionic, Non-ionic, and others. The anion segment is a major polyacrylamide market due to its increasing use in oil recovery, papermaking, and wastewater treatment.

Which region will dominate the polyacrylamide market?

Asia-Pacific accounted for the highest market share, and the region will likely dominate the market during the forecast period. Polyacrylamide is a kind of polymer flocculant that is soluble in water and is produced using acrylamide polymerization.

What is driving the International polyacrylamide (PAM) market?

Increasing product acceptance in teaching materials and packaging, as well as in the papermaking process, is driving the international Polyacrylamide (PAM) market. The growing demand for Polyacrylamide (PAM) from the petroleum industry to improve oil recovery so future growth of the Polyacrylamide (PAM) market may increase.