Why is Indonesia polyacrylamide market growing?

Indonesia polyacrylamide market has witnessed substantial growth recently, driven by the expansion of mineral processing industries, particularly in nickel ore and coal production. For instance, In 2023, coal production surged to a record 775.2 million metric tons, surpassing the government's target of 694 million metric tons.

What drives demand for polyacrylamide in Indonesia?

Additionally, rising demand for wastewater treatment in Indonesia, along with increased production in the paper and related products sector, further driving the demand for polyacrylamide in the country.

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.

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 is polyacrylamide so popular in South Sumatra?

For example, the inauguration of the Sei Selayu Centralised Domestic Wastewater Management System (SPALDT) in Palembang, South Sumatra in 2023, valued at $81.6 million, accelerated the demand for polyacrylamide due to its efficient wastewater treatment capabilities and cost advantages.

Can polyacrylamide reduce environmental footprint?

R&D members of the SNF Group have published an article on how the polyacrylamide industry is reducing environmental footprint through utilizing bio-based raw materials and monomer manufacturing improvements, as well as the environmental fate of these polymers and how they reduce end-use energy consumption and carbon dioxide emissions.