What is the global polyacrylamide market?

Key regions evaluated in the research report on the global polyacrylamide market are Europe, Latin America, North America, and Asia Pacific. Among these, Asia Pacific emerged as one of the leading consumers as well as producers of polyacrylamide around the world.

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 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 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.

Why is acrylamide monomer affecting the biomedical industry?

Health concerns caused by exposure to acrylamide monomer is expected to hinder the market's growth. The emerging application of polyacrylamide in the biomedical industry and the development of bio-based polyacrylamide are expected to offer lucrative opportunities to the market.