Why is the polyacrylamide (PAM) market declining?

North America The Polyacrylamide (PAM) market in North America during the fourth quarter of 2023 witnessed a declining trend, primarily due to reduced demand in key downstream industries such as industrial water treatment and the Oil & Gas Enhanced Oil Recovery (EOR) sector.

What is IMARC's new polyacrylamide pricing report 2024?

IMARC’s newly published report, titled “ Polyacrylamide Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of polyacrylamide pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

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.

Why did polyacrylamide prices fluctuate in Germany?

In Germany, a key market player, PAM prices fluctuated throughout the quarter, influenced by sufficient stock levels, shifting demand from related sectors, and changing global market conditions. This analysis can be extended to include detailed polyacrylamide price information for a comprehensive list of countries.

How is polyacrylamide (PAM) demand calculated?

ChemAnalyst calculated Polyacrylamide (PAM) demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical supply and demand of Polyacrylamide (PAM) across the globe.

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.