Title: Polyacrylamide Market Estimates & Forecast 2017 – 2024
1Polyacrylamide Market Report Product Analysis,
Size, Industry Share by 2024
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2- Treatment of waste water and sewage is closely
linked with environmental sustainability, the
prime factor stimulating polyacrylamide market
dynamics lately. Over the past few years, there
has been a substantial increase in industrial and
municipal effluents including heavy metals,
synthetic surfactants, organic compounds, and
other pollutants, subject to the rapid
industrialization of the developing and developed
nations. - In a bid to respond to this detrimental
environmental call, global wastewater treatment
industry is gaining a renewed attention, leaving
a subsequent impact on polyacrylamide market
demand. With regards to water treatment
application, polyacrylamide industry is expected
to grow at an annual rate of 8 over the coming
seven years.
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3- Swift depletion of natural energy resources along
with strong consumer awareness across APAC belt
has resulted in the installation of a large
number of wastewater treatment units, especially
in the industrial and municipal sectors. The
petroleum industry is also readily adopting
polyacrylamide for the recovery of crude oil that
is beneath the earth surface. - The increasing energy demand across myriad end
use domains including transportation, domestic,
power sector, etc., have significantly increased
the exploration and production activities of this
crude oil, which in a way has opened lucrative
business opportunities for polyacrylamide
industry. As per estimates, the polyacrylamide
market size from petroleum application is likely
to record an upstream with 8.5 CAGR over
2017-2024.
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5- A major chunk of the product landscape of
polyacrylamide market is procured by anionic
polyacrylamide. Given the products extensive
utilization in waste water treatment, paper
making additives, and oil recovery, anionic
polyacrylamide accounted for the maximum share of
the overall industry in 2016. Industrial waste
water from metal industry, steel plant is coarse,
concentrated, and alkaline in nature, and are are
best treated with this category of
polyacrylamide. - Furthermore, anionic derivatives are also gaining
a traction in the energy sector where crude oil
drilling process is prevalent. As per reliable
statistics, anionic polyacrylamide market will
witness a steady gain of 7 CAGR over 2017-2024.
Nonionic polyacrylamide market will also witness
an appreciable growth over the forecast span,
with an expected CAG of 8.5, driven by their
wide usage in treatment of acidic waste water
which comes as a common effluent from food
processing, mining coal, and paper making
industries.
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6Competitive Trends
- The notable industries in Polyacrylamide Market
are - Kemira Oyj
- Mitsubishi Rayon
- BASF
- PetroChina Company
- Xitao Polymer
- Ashland
- Beijing Hengju Chemical Group
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