Polyacrylamide Market Size, Share, Growth, Segmentation’s and Revenue Forecast 2014 to 2021
Research Report on Global Polyacrylamide Market 2014 to 2021 added by DecisionDatabases.com studies the current and upcoming Market Size, Share, Demand, Growth Trend and Forecast.
Polyacrylamide is a water-soluble compound which is produced by the polymerization of acrylamide. Its properties can be modified according to the applications. Polyacrylamide is used in water treatment applications to coagulate or flocculate solids in a liquid. Polyacrylamide is used in petroleum applications to enhance oil recovery. It is also used as a binder for pulp fibers in the paper making industry. Polyacrylamide is used in various other applications such as food additives, mining, ore processing, textiles manufacturing, and gel electrophoresis.
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Polyacrylamide market is segmented according to application as water treatment, oil and gas, paper and others (including mining, biomedical, etc.). Water treatment has the largest market share in application segment. Polyacrylamide market is segmented according to product as non-ionic polyacrylamide, cationic polyacrylamide, anionic polyacrylamide and others (including homopolymers, copolymers, etc.). Anionic polyacrylamide is the major product and expected to continue its growth during the forecast period. It is due to its rising demand in a various applications such as water treatment.
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The key factors influencing the growth of Polyacrylamide is increasing awareness towards wastewater treatment and stringent regulations related to treatment of wastewater from industrial and municipal sources. The rapid growth in shale gas and wet shale gas production is also fueling the market growth. The growing applications in mining industry will also boost the market during the forecast period.
Best Region Of Markets :
Asia Pacific is the largest consumer the global polyacrylamide market and expected to continue its dominance during the forecast period. The factors influencing the same rising demand for polyacrylamide in developing nations such as China. The key market players operating in this market are SNF, PetroChina Company Limited, Kemira, and BASF SE.
SEGMENTATIONS IN REPORT :
A. Polyacrylamide Market By Product :
1. Non-ionic Polyacrylamide
2. Cationic Polyacrylamide
3. Anionic Polyacrylamide
B. Polyacrylamide Market By Application :
1. Water Treatment
2. Oil and Gas
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