Polyacrylamide Market size worth $ 8.36 Billion, Globally, by 2028 at 7.0% CAGR: Verified Market Research®
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Global Polyacrylamide Market Overview
The fast-paced adoption of polyacrylamides in a wide range of applications is increasing significantly worldwide. The rise in demand for the Polyacrylamide Market is fuelled by enhanced oil recovery demand has aided the growth in the market. Further, it is expected to fuel the demand over the forecast period as it is expected to improve the oil recovery efficiency prominently the progress of wet shale gas and shale gas production is predicted to have a positive impact on the overall market growth. In addition with the rise of investment in the water treatment sector has fueled the demand for polyacrylamides.
Polyacrylamide also finds its application in the Polyacrylamide Market as additives for cell separation in biotechnological broths, color removal, and creates a potential for the market. The increase in attention of regulatory bodies towards water treatment management such as wastewater treatment plants and drinking water mainly in developing countries is likely to have a positive impact on the growth of the global Polyacrylamide Market. Polyacrylamides are also used to control soil erosion and also to stabilize soil aggregates. This polymer is also used in rain-fed agriculture furrow irrigation and sprinkler irrigation.
Furthermore, in the textile industry, polyacrylamide is widely used as a sizing agent or finishing agent for fabric post-treatment. The reason for its use in the textile industry is owing to anti-wrinkle, soft in nature, and anti-mold as a protective layer, along with this it has strong moisture absorption quality this wide range of textile chemicals helps in reducing the breakage rate of the spun yarn. Further polyacrylamide allows the fabric to develop strong resistance against static electricity and fire. The polyacrylamide-made product offers a high degree of vividness and great adhesion. It also acts as a non-silicon polymer stabilizer.
Key Developments
Key Players
The major players in the market are Kemira Oyj, SNF Floerger Group, Anhui Jucheng Fine Chemicals Co.Ltd, BASF SE, Petrochina Daqing Refining & Chemical Company, Anhui Tianrun Chemicals Co., Ltd, Jiangsu Feymer Technology Co Ltd, Beijing Hengju Chemical Group Corporation, Mitsubishi Rayon Co Ltd, and Shadong Polymer Biochemicals Co. Ltd.
Verified Market Research has segmented the Global Polyacrylamide Market On the basis of Type, Application, and Geography.
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