Polyacrylamide Market - Detailed Analysis of Current Industry Figures

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.

The Global Polyacrylamide Market is expected to reach USD 6.83 billion by 2025, according to a new report by Grand View Research, Inc.

The industry is highly influenced by the raw material availability and price trends. The prices for the product are likely to grow over the forecast period owing to the rising crude oil prices, which are further impacting the acrylamide, and acrylonitrile prices. As a result, the industry players are vertically integrated to lower their dependency on the raw material suppliers.

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. These players are likely to offer competitive pricing to gain share in the industry against these major players.

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Asia Pacific dominated the industry accounting for 55% of the overall demand, as the region has major of the water treatment and paper making sector in the world. India is expected to witness fastest growth in Asia Pacific owing to rapid industrialization and high investments in manufacturing sector in the country.

Top Players of Polyacrylamide Market:

The major players in the industry include SNF, BASF, CNPC, Ashland, Kemira and Anhui Tianrun.

Market Segmentation of Polyacrylamide Market:

The Global Polyacrylamide Market segmented on the basis of Product, Application, and Region.

By Product:

    Anionic
    Cationic
    Non-ionic

By Application:

    Water treatment
    Oil & Gas
    Paper Making

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

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