Mar 1, 2023   SOURCE: BusinessWire

Global Polyacrylamide (PAM) Market Analysis 2023: Featuring SNF Floerger Group, BASF, Anhui Jucheng Fine Chemicals, Xitao Polymer & More - ResearchAndMarkets.com

The "Global Polyacrylamide (PAM) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, 2015-2032" report has been added to ResearchAndMarkets.com's offering.

The global Polyacrylamide (PAM) market has shown a remarkable expansion in the historic years and expanded to reach approximately 2500 thousand tonnes in 2021 and is expected to grow at a healthy CAGR of 6.27% during the forecast period until 2032.

Polyacrylamide (PAM) is a polymer with a linear-chain structure. This polymer is synthesized by a chemical reaction between acrylamide and acrylic acid. It is water-soluble in nature which drives its applications in multiple industries. PAM comes in powder, liquid, and emulsion form and is a valuable agent in various applications.

Solid particles present in a liquid can be coagulated or flocculated with the help of polyacrylamide due to which it finds its application in water treatment. Polyacrylamide is frequently used in petroleum applications worldwide to promote oil recovery due to its property to turn water more viscous. Polyacrylamides also have applications in the agriculture sector. Polyacrylamides tend to bind soil particles, particularly clays, to keep them in place, which helps with erosion control and reduces soil sealing. Polyacrylamide is frequently employed in the processing of minerals in mining operations to extract minerals.

Owing to the reducing freshwater reservoirs, new techniques are being developed to treat wastewater all across the world. The market for polyacrylamide is anticipated to be driven in the near future by rising awareness regarding wastewater treatment and the ensuing expansion of the coagulants & flocculants market. Polyacrylamide possess ionic characteristics due to which it works as an excellent coagulating and flocculating agent.

Additionally, methods for maximizing oil recovery are being used to increase oil reserves, decreasing the need to locate new oil fields. Since, polyacrylamides function as an oil-field yield enhancers, it is anticipated that in the forthcoming years this will further fuel the demand of polyacrylamide. The global Polyacrylamide (PAM) demand is anticipated to reach nearly 4800 thousand tonnes by 2032.

Asia Pacific region dominates the Polyacrylamide (PAM) market in terms of consumption. As of 2021, this region consumed approximately 50% of the global PAM market. Over the next few years, it is anticipated that growing polluted water discharge from industries and a shortage of drinkable water would boost demand for polyacrylamide in water treatment applications in the Asia Pacific region. Furthermore, China is the leading producer of PAM followed by USA.

Based on the end-use, the global Polyacrylamide (PAM) market is segregated into Water Treatment, Enhance Oil Recovery, Pulp & Paper, Mineral Processing, and Others. Although, Water Treatment is the leading segment of Polyacrylamide market. This segment a market share of approximately 35% in 2021. Other leading consumers of PAM are Enhance Oil Recovery and Pulp & Paper industries.

Major players in the production of Global Polyacrylamide (PAM) are SNF Floerger Group, BASF, Anhui Jucheng Fine Chemicals Co., Ltd., Xitao Polymer Co., Ltd, Kemira Oyj, Black Rose Industries Limited, Wuxi Tianxin Chemicals Co., Ltd., Tianrun Chemicals, China National Petroleum Corporation, and others.

Key Target Audience:

  • Polyacrylamide (PAM) manufacturers and other stakeholders
  • Organizations, forums and alliances related to Polyacrylamide (PAM) distribution
  • Government bodies such as regulating authorities and policy makers
  • Market research organizations and consulting companies

Report Scope:

In this report, Global Polyacrylamide (PAM) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by End-use: Water Treatment, Enhance Oil Recovery, Pulp & Paper, Mineral Processing, and Others
  • Market, by Sales Channel: Direct Sale and Indirect Sale
  • Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Available Customizations:

With the given market data, the publisher offers customizations according to a company's specific needs.

Key Topics Covered:

1. Capacity By Company

  • On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Polyacrylamide (PAM).

2. Capacity By Location

  • To better understand the regional supply of Polyacrylamide (PAM) by analyzing its manufacturers' location-based capacity.

3. Production By Company

  • Study the historical annual production of Polyacrylamide (PAM) by the leading players and forecast how it will grow in the coming years.

4. Demand by End- Use

  • Discover which end-user industry (Water Treatment, Enhance Oil Recovery, Pulp & Paper, Mineral Processing, and Others) are creating a market and the forecast for the growth of the Polyacrylamide (PAM) market.

5. Demand by Region

  • Analyzing the change in demand of Polyacrylamide (PAM) in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand.

6. Demand by Sales Channel (Direct and Indirect)

  • Multiple channels are used to sell Polyacrylamide (PAM). Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.

7. Demand-Supply Gap

  • Determine the supply-demand gap to gain information about the trade surplus or deficiency of Polyacrylamide (PAM).

8. Company Share

  • Figure out what proportion of the market share of Polyacrylamide (PAM) is currently held by leading players across the globe.

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

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