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Polyacrylamide Market Size

Report ID: GMI1891
Published Date: Nov 2022
Report Format: PDF

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Polyacrylamide Market Size

Polyacrylamide Market size surpassed USD 5.5 billion in 2022 and is expected to expand at more than 6% CAGR from 2023 to 2032.

The emergence of advanced disposal & waste treatment technologies is a leading factor positively influencing the industry landscape. The consistent growth in the world population and the accelerated pace of environmental degradation have made ensuring access to safe and sufficient water supplies increasingly challenging.

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The rapid expansion of water treatment facilities focused on speeding up the natural process of purifying water will increase product demand over the coming ten years. The increasing product utilization in water treatment applications across several industrial verticals, including chemicals, dyeing, tanneries, beverages, and municipal wastewater treatment, will create ample opportunities for the polyacrylamide industry.

Polyacrylamide Market Report Attributes
Report Attribute	Details
Base Year:	2022
Polyacrylamide Market Size in 2022:	USD 5.5 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	6%
2032 Value Projection:	USD 10 Billion
Historical Data for:	2018 to 2022
No. of Pages:	207
Tables, Charts & Figures:	197
Segments covered:	Product, Application
Growth Drivers:	Global advent of advanced water treatment & disposal technologies Developments across mining and textile industry Rising product demand in the water treatment facilities in Asia Pacific Escalating product demand in petroleum industry in North America Increasing urbanization in Latin America
Pitfalls & Challenges:	Volatile raw material prices Shifting market focus to bio-based products

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Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global Market size for polyacrylamide was valued at over USD 5.5 billion in 2022 and is projected to exhibit more than 6.5% CAGR from 2023 to 2032 owing to the advent of progressive water treatment and disposal technologies.

Anionic polyacrylamide segment value is anticipated to exceed USD 5 Billion by 2032 due to the increasing utilization of anionic PAM in several industrial and wastewater treatment applications.

Water treatment application crossed USD 2.5 Billion in 2022 and is expected to showcase more than 7.5% CAGR from 2023 to 2032 owing to the consistent rise in world population and the increasing shortage of potable drinking water.

Notable players in the polyacrylamide market are BASF SE, SNF Floerger Group, Kemira Oyj, Solvay, AnhuiJucheng Fine Chemicals Co. Ltd, PetroChina Company Limited, Anhui Tianrun Chemical Co. Ltd, Beijing Hengju Chemical Group Corporation, Jiangsu Feymer Technology, Mitsubishi Rayon Co. Ltd, and others.