Polyacrylamide Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026


Posted December 30, 2021 by neha_s

Polyacrylamide is made up of acrylamide monomer and is water-soluble. It increases the viscosity of water and facilitates the flocculation of particles present in water.
 
Polyacrylamide is made up of acrylamide monomer and is water-soluble. It increases the viscosity of water and facilitates the flocculation of particles present in water.Polyacrylamide is used for water treatment and sludge dewatering of municipal wastewater, industrial wastewater, potable water treatment, air flotation, and primary settling. The wide use of polyacrylamide in wastewater treatment has fueled growth of polyacrylamide market globally. Polyacrylamide supports are usually gelatinous in appearance and soft in nature. They also exhibit low nonspecific binding character toward biomolecules, buffer stability, and good pH, owing to totally synthetic nature, are resistant to microbial growth.In mineral processing, polyacrylamide is used for settlement/clarification of fine coal slurry in the thickening vessels, enhancement of solid-liquid separation coal with the help of filtration/centrifugation, settlement/clarification of the waste slurry and enhancement of solid-liquid separation of the tailings. In the paper and pulp industry, polyacrylamide is used as retention agent, dry strength agents and for filter aid. This has resulted in improved paper quality, enhanced physical strength of paper and reduced fiber loss. Drilling fluid additives, waste mud dewatering, enhanced oil recovery, oily water clarification, scale inhibition and as a drag reduced agent
Polyacrylamide Market Taxonomy
On the basis of type of material, the global market is classified into:
• Anionic
• Cationic
• Non-ionic
On the basis of end-use industry, the global market is segmented into:
• Mineral Processing
• Wastewater treatment
• Pulp and Paper
• Oil recovery
Market Outlook –
Excellent flocculating and coagulating properties has rapidly increased consumption of polyacrylamide in wastewater treatment. Asia Pacific is expected to be the most potential market for polyacrylamide manufacturers. This is attributed to booming mining industry in emerging economies such as India and China. According to IBEF, in 2015, India produced 91.46 million tons (MT) of finished steel and is the third-largest steel producer in the world. Rapidly increasing urbanization and allied sectors have caused a surge in mining activities and boosted the growth of polyacrylamide market. India Brand Equity Foundation (IBEF) is a Trust founded by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the aim of promoting and creating international awareness of goods manufactured in India.
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Top Keyplayers : Shandong Shuiheng Chemical Co., Ltd., The Dow Chemical Company, Kemira, Ashland Inc., BASF SE, Beijing Heng- Chemical Group Co., Ltd., Shandong Zibo East Polymer Co., Ltd., Group, and Xitao Polymer Co., Ltd.
Key Developments
1. Key companies in the market are focused on adopting various growth strategies such as capacity expansion, in order to gain competitive edge in the market. For instance, in April 2019, BASF SE, the German chemicals company, expanded its commercial production of polyacrylamide powder at its site in Nanjing, China. This expansion would add 20,000 metric ton per year to capacity of polyacrylamide.
2. Major market players are focused on various business strategies such as capacity expansion, in order to enhance their product portfolio. For instance, in August 2019, SNF invested US$ 1.2 billion to expand its polyacrylamide production capacity. This expansion was done in the wake to meet increasing demand of polyacrylamide.
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Issued By Coherent Market Insights
Country India
Categories Business , Industry
Last Updated December 30, 2021