Polyacrylamide Market

Market Overview:

The global polyacrylamide market size reached US$ 5.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.33% during 2024-2032.

Polyacrylamide (PAM) refers to a water-soluble synthetic polymer with the chemical formula (C₃H₅NO)n. It is manufactured by the polymerization of acrylamide, a compound obtained by the hydration of acrylonitrile. It is a colorless, non-toxic, and non-resorbable hydrogel material with cohesive, hydrophilic, and biocompatible properties. PAM is widely used as a flocculant for water treatment, sludge de-watering, and removal of suspended particles from sewage and industrial effluents due to its gel-like properties, high efficiency, and rapid dissolution. It is also employed as a soil conditioner, thickening agent, and binder and stabilizer in cosmetic products. In recent years, PAM has gained traction across the oil and gas, pulp and paper, agriculture, food processing, personal care, and mining industries. 

Polyacrylamide Market Trends:

Anionic PAM is extensively utilized for industrial sewage treatment in iron and steel plants and metallurgical, electroplating, and coal-washing wastewater plants. As a result, the escalating demand for flocculants or coagulants for treating municipal and industrial wastewater represents the primary factor driving the market growth. Besides this, the growing adoption of anionic PAM in drinking water treatment due to its high flocculation efficiency is augmenting the product demand. Additionally, governments and regulatory bodies of various countries are implementing stringent environmental regulations for industrial wastewater treatment. Along with this, the rising need to conserve the depleting natural water resources on account of high levels of wastewater discharge is accelerating product adoption rate. Furthermore, the increasing usage of PAM for enhanced oil recovery (EOR) to improve oil recovery efficiency is catalyzing the market growth. Moreover, several leading players are making heavy investments in research and development (R&D) activities to enhance product quality and reduce the overall costs. Other factors, including the introduction of bio-based PAM, favorable government initiatives, technological advancements, and rapid industrialization, are also creating a positive market outlook. 

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global polyacrylamide market report, along with forecasts at the global, regional and country levels from 2024-2032. Our report has categorized the market based on product, physical form, application and end use industry.

Breakup by Product:

• Non-ionic
• Cationic
• Anionic
• Others
   

Breakup by Physical Form:

• Powder
• Liquid
• Emulsion/Dispersions
   

Breakup by Application:

• Enhanced Oil Recovery
• Flocculants for Water Treatment
• Soil Conditioner
• Binders and Stabilizers in Cosmetics
• Others
   

Breakup by End Use Industry:

• Water Treatment
• Oil and Gas
• Pulp and Paper
• Mining
• Others
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Anhui Jucheng Fine Chemicals Co. Ltd., Anhui Tianrun Chemicals Co. Ltd., Ashland Inc., BASF SE, Beijing Hengju Chemical Group Co. Ltd., Black Rose Industries Ltd., China National Petroleum Corporation, Envitech Chemical Specialities Pvt. Ltd., Kemira Oyj, Shandong Tongli Chemical Co. Ltd., SNF Group and Solvay S.A.

Report Coverage:

Key Questions Answered in This Report:

• How has the global polyacrylamide market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global polyacrylamide market?
• What are the key regional markets?
• What is the breakup of the market based on the product?
• What is the breakup of the market based on the physical form?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the end use industry?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global polyacrylamide market and who are the key players?
• What is the degree of competition in the industry?