The global Polyacrylamide Market is projected to grow from USD 3.83 Bn in 2021 to 6.92 Bn by 2030, at a CAGR of 6.79% in forecast period, 2022-2030.
The increased adoption of Polyacrylamide in the Petrochemicals industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Polyacrylamide also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Polyacrylamide in many sectors also boosts the market growth during the forecast period.
A polymer of acrylic acid with a high molecular weight is called polyacrylic acid. It is made by polymerizing acrylonitrile acrylic ester and then hydrolyzing the resulting compound. When dissolved in water, polyacrylic acid molecules create negatively charged or anionic polymers that have the capacity to capture and hold water molecules. Additionally, it is widely utilised as an emulsifying and thickening agent in paints, detergents, disposable diapers, medicines, cosmetics, and other fields.
Polyacrylamide Market Research Report” was just released by Market Research Community. It is divided into several categories, including By Type (Co-polymer, Homo-polymer, Terpolymer, By Application, (Emulsifiers, Ion-exchangers, Thickeners, Dispersing Agent, Super Absorbent Polymer, Others), By Industry Vertical (Detergents & Cleaners, Wastewater Treatment, Personal Care, Others), By Form (Liquid, Powder), and companies (Mitsubishi Rayon Co. Ltd, Shangdong Polymer Bio-chemicals Co. Ltd., Shuiheng Chemical Industry, Xitao Polymer Co. Ltd., Solenis LLC, Ashland Inc, ZL Petrochemicals Co. Ltd, Yixing Bluwat Chemicals Co. Ltd, King Union Group Corp, BASF SE, SNF Floerger Group, Kemira Oyj, Solvay, AnhuiJucheng Fine Chemicals Co. Ltd, PetroChina Company Limited, Anhui Tianrun Chemical Co. Ltd, Beijing Hengju Chemical Group Corporation, Jiangsu Feymer Technology, Envitech Chemical Specialities Pvt Ltd.), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 6.79%, over the forecast period of 2022–2030
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||6.92 Billion|
|By Industry Vertical||Detergents & Cleaners, Wastewater Treatment, Personal Care, Others|
|By Application||Emulsifiers, Ion-exchangers, Thickeners, Dispersing Agent, Super Absorbent Polymer, Others|
|By Forms||Liquid, Powder|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Mitsubishi Rayon Co. Ltd, Shangdong Polymer Bio-chemicals Co. Ltd., Shuiheng Chemical Industry, Xitao Polymer Co. Ltd., Solenis LLC, Ashland Inc, ZL Petrochemicals Co. Ltd, Yixing Bluwat Chemicals Co. Ltd, King Union Group Corp, BASF SE, SNF Floerger Group, Others.|
The COVID-19 pandemic has had a substantial negative influence on the Polyacrylamide market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Mitsubishi Rayon Co. Ltd, Shangdong Polymer Bio-chemicals Co. Ltd., Shuiheng Chemical Industry, Xitao Polymer Co. Ltd., Solenis LLC, Ashland Inc, ZL Petrochemicals Co. Ltd, Yixing Bluwat Chemicals Co. Ltd, King Union Group Corp, BASF SE, SNF Floerger Group, Kemira Oyj, Solvay, AnhuiJucheng Fine Chemicals Co. Ltd, PetroChina Company Limited, Anhui Tianrun Chemical Co. Ltd, Beijing Hengju Chemical Group Corporation, Jiangsu Feymer Technology, Envitech Chemical Specialities Pvt Ltd.
Market Segment Analysis:
- Dispersing Agent
- Super Absorbent Polymer
By Industry Vertical
- Detergents & Cleaners
- Wastewater Treatment
- Personal Care
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Polyacrylamide industries in the region.
Key Polyacrylamide Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Polyacrylamide Market segments.
– Largest Market Share Held by Industry to Industry for Polyacrylamide
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Polyacrylamide Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
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There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
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