Global Polyacrylamide Market Trends And Strategies Of Major Players In The Polyacrylamide Market 2021-2030
23 Jul, 2021
The polyacrylamide market consists of sales of polyacrylamide by entities (organizations, sole traders, and partnerships) that manufacture polyacrylamide. It is a synthetic resin produced by polymerizing acrylamide, particularly a water-soluble polymer used to stabilize or form gels, and can be used as clarifying or thickening agent. Polyacrylamide is used across wide applications but is mainly used for the separation of solids/liquids in the industrial and municipal wastewater sectors.
Global Polyacrylamide Market Size And Drivers:
The global polyacrylamide market is expected to grow from $3.72 billion in 2020 to $3.95 billion in 2021 at a compound annual growth rate (CAGR) of 5.98%. The growth in the polyacrylamide market is mainly due to the increased demand from water treatment industries, owing to the stringent regulatory actions against waste-water disposal and increasing concern towards the environment. The market is expected to reach $5.89 billion in 2025 at a CAGR of 10.54%. The increasing need for wastewater treatment is expected to fuel the growth of the polyacrylamide market over the coming years.
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Trends In The Global Polyacrylamide Market
Production capacity expansion by the companies is shaping the polyacrylamide market. Manufacturers in the polyacrylamide industry are scaling up their production capacities and expanding their production capabilities to meet increased demand from various sectors such as wastewater treatment, oil and gas, and mining.
Global Polyacrylamide Market Segments:
The global polyacrylamide market is further segmented based on product, physical form, end user and geography.
By Product: Anionic, Cationic, Nonionic, Others
By Physical Form: Powder, Liquid, Emulsion Or Dispersions
By End User: Water Treatment, Oil And Gas, Pulp And Paper, Mining, Others
By Geography: The global polyacrylamide market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the Polyacrylamide market in 2020.
Read More On The Report For The Global Polyacrylamide Market At:https://www.thebusinessresearchcompany.com/report/polyacrylamide-global-market-report
Polyacrylamide Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides polyacrylamide market overviews, analyzes and forecasts market size and growth for the global polyacrylamide market, polyacrylamide market share, polyacrylamide market players, polyacrylamide market segments and geographies, polyacrylamide market’s leading competitors’ revenues, profiles and market shares. The polyacrylamide market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.