What is the global polyacrylamide market size?

The global polyacrylamide market size was estimated at USD 5.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030.

Who are the key players in the global polyacrylamide market?

Some of the most notable players and manufacturers covered in the business intelligence report on the global polyacrylamide market include PetroChina Company Ltd., BASF, Xitao Polymer Co Ltd., Kemira, Mitsubishi Rayon Co Ltd., Anhui Jucheng Fine Chemicals Co. Ltd., and SNF Floerger Group, among others.

What is the future of polyacrylamide in 2022?

Furthermore, developments of polyacrylamide polymers for producing polyacrylamide gel and powder are expected to create new avenues in bio-sciences and pharmaceuticals in the region. Asia Pacific also accounted for a considerable share in 2022.

What is the demand for polyacrylamide in water treatment applications?

Polyacrylamide demand in water treatment applications dominated the market with a revenue share of more than 38.0% in 2022. The rising demand for polyacrylamide to treat municipal sewage, industrial wastewater, and drinking water purification plants is expected to propel demand.

Why should manufacturers invest in polyacrylamide products?

The major manufacturers, such as SNF and BASF, have brand values and strategic partners, which enable easy marketing of their products. The manufacturers are likely to improve product quality and invest more in R&D to reduce the overall polyacrylamide cost to tap the growing demands.

Where does BASF manufacture polyacrylamide powder?

In April 2019, BASF successfully ramped up commercial production of its new production line for polyacrylamide powder at its wholly owned site in Nanjing, China. Global Polyacrylamide Market is segmented based on type, application, and region. Based on the type, the market is categorized into anionic, cationic, and others.