The Polyacrylamide Market is Predict to reach $8.8 Billion by 2030, at a CAGR of 6.6%

Polyacrylamide Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Polyacrylamide Market size is expected to reach $8.8 billion by 2030, rising at a market growth of 6.6% CAGR during the forecast period. In the year 2022, the market attained a volume of 2,999.4 Kilo Tonnes, experiencing a growth of 5.6% (2019-2022).

The Anionic segment is leading the Global Polyacrylamide Market, by Product in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4 Billion by 2030. Anionic polyacrylamides are commonly used in water and wastewater treatment processes. They serve as flocculants, aiding in the precipitation and removal of suspended solids and contaminants from water sources. The increased focus on clean and safe water supplies and stricter environmental regulations have driven the demand for anionic polyacrylamides in this sector. Therefore, the segment is expected to grow rapidly in the coming years.

The Oil & Gas segment is showcasing a CAGR of 7.1% during (2023 - 2030). Mature oil fields have been in production for many years and often face declining production rates. Polyacrylamide-based EOR techniques offer a cost-effective and sustainable solution to revitalize these fields by extracting additional hydrocarbons that would otherwise remain trapped underground. Collaboration between polyacrylamide manufacturers and oil and gas companies has led to the development of tailored solutions that address specific reservoir challenges and optimize oil recovery. Therefore, the segment will witness increased growth in the coming years.

The Asia Pacific region dominated the Global Polyacrylamide Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4.9 Billion by 2030. The North America market is anticipated to grow a CAGR of 6.2% during (2023 - 2030). Additionally, The Europe market would witness a CAGR of 6.3% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/polyacrylamide-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Anhui Jucheng Fine Chemicals Co., LTD, Ashland, Inc., BASF SE, Kemira Oyj, SNF Group, Black Rose Industries Ltd., Shandong Baomo Biochemical Co., Ltd., Xitao Polymer Co., Ltd., The Dow Chemical Company (Dow Corning Ltd.), and Solvay SA.

Global Polyacrylamide Market Segmentation

By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)

• Anionic
• Cationic
• Non-ionic

By Application (Volume, Kilo Tonnes, USD Million, 2019-2030)

• Water Treatment
• Oil & Gas
• Paper Making
• Others

By Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Anhui Jucheng Fine Chemicals Co., LTD
• Ashland, Inc.
• BASF SE
• Kemira Oyj
• SNF Group
• Black Rose Industries Ltd.
• Shandong Baomo Biochemical Co., Ltd. 
• Xitao Polymer Co., Ltd.
• The Dow Chemical Company (Dow Corning Ltd.)
• Solvay SA

Related Reports:

North America Polyacrylamide Market Size, Share to 2023-2030

• September-2023
• 120 Pages

LAMEA Polyacrylamide Market Size, Projection to 2023-2030

• September-2023
• 135 Pages

Europe Polyacrylamide Market Size & Share Report to 2023-2030

• September-2023
• 132 Pages

Asia Pacific Polyacrylamide Market Size & Share to 2023-2030

• September-2023
• 135 Pages