What is the global polyacrylamide market size?

New York, United States, Feb. 15, 2023 (GLOBE NEWSWIRE) — According to a research report published by Spherical Insights & Consulting, the Global Polyacrylamide Market Size to grow from USD 15.60 billion in 2021 to USD 29.65 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period.

Which region has the highest polyacrylamide market share in 2022?

Asia Pacific is estimated to account for the highest market share in 2022. The Global Polyacrylamide Market has been segmented into five major regions: North America, Europe, Asia-Pacific, South America, The Middle East and Africa. The rising acceptance by the market are driving the demand for Polyacrylamide.

What are the key growth strategies in the polyacrylamide market?

Companies such as, BASF SE (Germany), Kemira OYJ (Finland), and SNF Floerger Group (France) adopted agreements, expansions, and new product launches as their key growth strategies in the polyacrylamide market.

Who are the leading players in polyacrylamide market?

SNF Floerger Group (France) and Kemira OYJ (Finland) are Leading Players in Polyacrylamide Market Polyacrylamide is a polymer formed from acrylamide monomer. It is a water-soluble polymer that is primarily used as a flocculant.

What is driving the demand for polyacrylamide?

The rising acceptance by the market are driving the demand for Polyacrylamide. The market for Polyacrylamide was dominated by the Asia Pacific region mostly due to the fast expansion of the water treatment sector in China, and India is the main driver of the growth.

Who makes polyacrylamide?

Kemira OYJ (Finland) is another major player in the polyacrylamide market. Kemira signed a licensing agreement with Mitsui Chemicals, Inc. for acrylamide manufacturing technology, and completed a substantial capacity expansion for three sites in North America, thereby increasing its total manufacturing capacity by 60%.