Global Polyacrylamides Market Likely to Grow at a Remarkable CAGR of 6.3% with Market Revenue to Reach US$7657.9 Mn by 2025

Published on : Jan 17, 2018

Albany, New York, January 17, 2018: Rising demand for polyacrylamides for water and sewage treatment applications is directly impacting the global market for polyacrylamides. Polyacrylamide has been widely consumed as a successful flocculants and coagulant inferable from its adaptable features including high warm dependability, water dissolvability, high miscibility, non-dangerous nature, and so on for isolating suspended strong particles display in the waste water. Market Research Hub (MRH) has freshly added a study titled “Polyacrylamide Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025”, to its repository, which provides a comprehensive analysis of the current as well as future growth projections for the market. In order to explain the intensity of competition in the market, the report has been segmented geographically into major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Forecast Analysis and Market Segmentation

According to the study key evaluations, exhibiting a 6.3% CAGR between the forecast period 2017 to 2025, the overall market is likely to reach US$7,657.9 mn by the forecast period’s end. In 2016, it has attained the value of US$4,429.5 mn. The growth observed in the market is mainly attributed to a factor that, using water-soluble compounds such as polyacrylamide flocculants, the efficiency of removal of heavy metals in water and sewage treatment processes has increased considerably. Also, the increasing use of polyacrylamides for desalination applications due to its water solubility is positively impacting the polyacrylamide market.

Through the geographical viewpoint of the market, analysts find that Asia Pacific held the leading share of polyacrylamide market in 2016. The region led the market in terms of revenue and is anticipated to hold on to its leading share over the report’s forecast period.

Moving further, the research study has further segmented the global market on the basis of type, form and application. On the basis of type, it includes Anionic, Non-ionic and Cationic. Of these, anionic segment leads the global market because of its low price leading to its widespread application in water treatment and food cycling. In terms of form, the segments into which the polyacrylamide market could be segmented are powder, emulsion, gel, and others. Among them, powder form is the leading segment in the polyacrylamide market. On the other hand, major applications are waste water treatment, oil & gas extraction, mining, agriculture, paper & pulp, paints & coatings, textiles, food, and others. Along with water and wastewater, Oil & gas is a significant application segment as polyacrylamide are extensively used for improving oil recovery and are used as drilling and fracturing fluid agents.

Key players profiled in the report include Ashland Inc., SNF Group, BASF SE, Bio-Rad Laboratories, Solenis LLC and others. For these players, details such as financials, SWOT analysis, business strategies, recent developments, and others are also defined in the study.

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