What is the global polyacrylamide (PAM) market?

Based on the end-use, the global Polyacrylamide (PAM) market is segregated into Water Treatment, Enhance Oil Recovery, Pulp & Paper, Mineral Processing, and Others. Although, Water Treatment is the leading segment of Polyacrylamide market. This segment a market share of approximately 35% in 2022.

How did the polyacrylamide market perform in Q3 2024?

In Q3 2024, the Polyacrylamide (PAM) market in the APAC region experienced a steady increase in prices, with China leading in terms of market fluctuations. The price rise was primarily driven by strong domestic demand in key sectors, such as water treatment and industrial production, which bolstered market sentiment.

How much is polyacrylamide anionic grade in Germany?

The latest quarter-ending price for Polyacrylamide Anionic Grade in Germany was USD 3425/MT FD Hamburg, underscoring the sustained upward momentum in pricing driven by consistent industrial demand and regulatory pressures. The quarter was devoid of major plant shutdowns or operational disruptions, ensuring a stable supply amid rising demand.

Why did acrylamide prices rise in China?

There was high-cost pressure due to rise in the raw material acrylamide costs resulting in a surge in polyacrylamide (PAM) prices in the Chinese market. China, the largest exporter of PAM, faced limited inventories, thus fewer exports. The demand of PAM from the downstream industries like water treatment, paper industry remained healthy.

What is polyacrylamide (PAM) used for?

Apart from that, it is also used in paper making, and as a chemical intermediate for the production of other chemical products. In Q3 2024, the Polyacrylamide (PAM) market in North America exhibited a generally stable pricing environment, reflecting balanced market dynamics throughout the quarter.

What will increase the demand for polyacrylamide in North America?

The presence of several numbers of pharmaceutical and chemical industries in China will increase the demand for water treatment chemicals, which will further increase the polyacrylamide market. In North America, strict regulations imposed on the disposal of wastewater from the industries will raise the demand for polyacrylamide.