What is the growth rate of polyacrylamide market?

The "Polyacrylamide Market Analysis By Product, And Segment Forecasts, 2014 – 2025" report has been added to Research and Markets' offering. The market is expected to witness a CAGR of 6.1% over the forecast period, owing to Increasing penetration of the product in water purification activities as a flocculating agent is expected to propel demand.

How big is the polyacrylamide market in volume (kilotons)?

The market size and forecasts for the Polyacrylamide market in volume (kilotons) for all the above segments. The Polyacrylamide Market size is estimated at 2.17 Million tons in 2024, and is expected to reach 2.84 Million tons by 2029, growing at a CAGR of 5.45% during the forecast period (2024-2029).

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.

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?

What are the top polyacrylamide manufacturers in the world?

SNF and BASF are few of the top polyacrylamide manufacturers as of now. The multinationals are expanding their production bases and volumes to strengthen their roots in the industry. Also, the industry has numerous small-scale players, which supply their product in the domestic 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.