Jun 16, 2021   SOURCE: BusinessWire

Global Polyacrylamide Market Growth, Trends, COVID-19 Impact, and Forecasts 2021-2026 - ResearchAndMarkets.com

The "Polyacrylamide Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.

The polyacrylamide market is expected to register a CAGR of more than 5% during the forecast period.

One of the major factors driving the market studied is the growing use of polyacrylamide in the oil and gas industry for enhanced oil recovery (EOR). However, stringent regulations for use, due to carcinogenic nature of acrylamide monomer, is likely to restrain the market.

Growing demand for anionic polyacrylamide as a flocculant is also likely to boost the demand for polyacrylamide during the forecast period.

Development of bio-based polyacrylamide is likely to act as an opportunity for the market growth in future.

Asia-Pacific dominated the polyacrylamide market, owing to the rapidly growing water treatment industry in India and China.

Key Market Trends

Water Treatment Segment to Dominate the Market

  • One of the major applications of polyacrylamide is as flocculants or coagulants for treating municipal and industrial wastewater, as it causes suspended particles to aggregate and to precipitate when added to treat water.
  • Anionic polyacrylamide is used extensively in water treatment and sludge de-watering. For industrial sewage treatment, it is widely used in iron and steel plants, wastewater plants, electroplating wastewater plants, metallurgical waste water plants, and coal-washing wastewater plants. Owing to the significantly high flocculation efficiency, anionic polyacrylamide is also widely used in drinking water treatment.
  • Rapid industrialization and urbanization in Asia-Pacific has propelled the demand for polyacrylamide, due to rising levels of waste water and pressing need to conserve the depleting natural water resources.
  • Additionally, stringent environment regulations imposed by regional regulatory bodies and government to treat industrial waste water is another factor, which may make prominent contribution toward the market during the forecast period.
  • Hence, water treatment segment is likely to continue dominating the market during the forecast period.

Competitive Landscape

The polyacrylamide market is highly consolidated, with the major players accounting for a major share of the market. SNF is the global leader, with an annual production capacity of 1.1 million metric ton. The company generated ~80% of it's net revenue from the polyacrylamide business, and accounted for 48% of the global market.

Some of the major companies in the market include SNF Group ,BASF SE, Kemira, and Solvay, among others.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Drivers

4.1.1 Growing Use in the Oil and Gas Industry for Enhanced Oil Recovery

4.1.2 Increasing Demand for Anionic Polyacrylamide as a Flocculant

4.2 Restraints

4.2.1 Stringent Regulations for Use, due to Carcinogenic Nature of Acrylamide Monomer

4.2.2 Impact of COVID-19

4.3 Industry Value-Chain Analysis

4.4 Porter's Five Forces Analysis

5 MARKET SEGMENTATION

5.1 Physical Form

5.1.1 Powder

5.1.2 Liquid

5.1.3 Emulsion/Dispersions

5.2 Application

5.2.1 Enhanced Oil Recovery

5.2.2 Flocculants for Water Treatment

5.2.3 Soil Conditioner

5.2.4 Binders and Stabilizers in Cosmetics

5.2.5 Other Applications

5.3 End-user Industry

5.3.1 Water Treatment

5.3.2 Oil and Gas

5.3.3 Pulp and Paper

5.3.4 Mining

5.3.5 Other End-user Industries

6 COMPETITIVE LANDSCAPE

6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

6.2 Market Ranking Analysis

6.3 Strategies Adopted by Leading Players

6.4 Company Profiles

6.4.1 AnHui JuCheng Fine Chemicals Co., LTD

6.4.2 Anhui Tianrun Chemical Industry Co., Ltd

6.4.3 Ashland

6.4.4 BASF SE

6.4.5 Beijing Hengju Chemical Group Corporation

6.4.6 Beijing Xitao Technology Development Co., Ltd.

6.4.7 CHINAFLOC

6.4.8 Envitech Chemical Specialities Pvt.Ltd.

6.4.9 Kemira

6.4.10 Liaocheng Yongxing Environmental Protection Science &T echnology Co.,Ltd

6.4.11 Qingdao Oubo Chemical Co., Ltd

6.4.12 Shandong Tongli Chemical Co.,Ltd

6.4.13 SNF Group

6.4.14 Solenis

6.4.15 Solvay

6.4.16 Yixing Cleanwater Chemicals Co., Ltd.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

7.1 Emerging Applications of Polyacrylamide, such as its Use as a Biomaterial

7.2 Development of Bio-based Polyacrylamide

For more information about this report visit https://www.researchandmarkets.com/r/tar3t3