Polyacrylamide Market – Global Industry Analysis, Market Size Estimation and Growth Forecast By Ionization (Non-ionic, Cationic and Anionic), By Application (Water & Wastewater Treatment, Enhanced Oil Recovery, Textiles Manufacturing, Mining, Food Additives), By Design Specification (Dissolved and Powder) & By Regions (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), 2017 – 2025

Polyacrylamide Market - Introduction

The global polyacrylamide market is expected to register healthy growth during the forecast period 2017 to 2025. Polyacrylamide market is segmented in terms of ionization, design specification, application, and geography. Polyacrylamides (PAM) is water-soluble polymer form of acrylamide (C3H5NO) and it is used for increasing viscosity of water or increasing flocculation of particles. The introduction of polyacrylamide to wastewater causes aggregation of suspended particles and these aggregates either settle out or be captured by filters. Rising applications of polyacrylamides in water treatment projects is driving the growth of the polyacrylamide market. Growing demand for polyacrylamides gel for electrophoresis is identified as a long term push factor for the market.

Report Overview
Aspect Details
Base Year of Estimation 2016
Value Estimation Year 2017
Forecast Period 2017 - 2025
Market Segmentations By ionization, application, design specification, region
Regional Scope North America, Europe, Asia-Pacific, Middle East & Africa (MEA) and Latin America
Report Coverage Technology Analysis, Market Dynamics, Market Trends, Segmentation Overview and Competitive Landscape of the market

 

Technology Analysis

The key raw material used for producing PAM is water-soluble acrylamide. Polyacrylamide is produced through different production methods such as emulsion polymerization, solution polymerization, inverse emulsion polymerization and radiation polymerization. Aqueous solution polymerization is the most generic method for producing of production of polyacrylamide gels and powder. In the case of emulsion polymerization, aqueous acrylamide solution is dispersed in an organic solvent whereas, in the case of inverse emulsion polymerization, water-soluble acrylamide surfactant is dispersed in the oil phase. As of 2016, a radiation-induced method for production of PAM has limited penetration due to costly equipment investment and wide molecular weight distribution in end product. In last 20 years, efficiency in the production of polyacrylamides has significantly increased owing to technology advancement and innovation regarding raw material selection.

 

Market Dynamics

As of 2016, growth for the polyacrylamide market is driven by multiple factors such as growth in application market, rising demand for synthetic water treatment polymers and new product innovation by leading players.

Demand for polyacrylamide based flocculants and coagulants for treating wastewaters has increased in recent years. Expansion of shale gas and oil production base in North America and Europe has influenced the demand for polyacrylamide.

In the industrial and municipal sector, demand for polyacrylamide based flocculants and coagulants for treating wastewaters has grown significantly in recent years. Expansion of shale gas and oil production base in North America and Europe has fuelled the demand for polyacrylamide used for enhanced oil recovery. Historically, China remains the largest production as well as consumption base for PAM.

Rising demand for dispersant polyacrylamide in paper making industry is also identified as a push factor for the growth of the market.

In recent years, demand for water and wastewater treatment projects in China is increasing to address water pollution problem. As a result, demand for polyacrylamide based flocculants and coagulants in China is expected to increase in coming years.

Rising demand for dispersant polyacrylamide in paper making industry is also acted as the push factor for the growth of the market. In the mining sector, polyacrylamide based flocculants are used for mineral and gangue separation. The growth of mining sector in South Asian countries has created an opportunity for polyacrylamide based water treatment products. Growth in demand for polyacrylamide in personal care, construction, and agriculture sector has positively impacted the growth of the market. Rising concern regarding health hazards (such as neurotoxicity) of acrylamide has slightly dented the demand for polyacrylamide globally. Polyacrylamide grafted cellulose can be used for flocculation and it is expected to emerge as a growth opportunity for the market during the forecast period 2017 to 2025.
 

Market Trends

Polyacrylamide market is mainly driven by demand from water and wastewater treatment, mining, oil & gas and pulp & paper sector in Asia-Pacific, Europe, and North America. In Latin America and the Middle East, demand for polyacrylamide is relatively lower owing to lack of application scope, lack of product penetration and low concentration of producer. In Europe, application of polyacrylamide is mainly concentrated in oil & gas and mining sector. In Asia Pacific, polyacrylamide is primarily consumed in water treatment and pulp & paper sector. Water treatment dominates the end user market for polyacrylamide in North America. During the forecast period, the price for polyacrylamide is expected to remain stable or slightly decline. In the Chinese market, consumption of polyacrylamide in water treatment projects is expected to increase significantly in coming years. In terms of market structure, the consolidated market for polyacrylamide is resulted due to the presence of small numbers of large players.

 

Segmentation Overview

By ionization, the polyacrylamide market has been segmented as non-ionic, cationic and anionic. In terms of the design specification, the market has been segmented as dissolved and powder. By application, the market has been segmented into water & wastewater treatment, enhanced oil recovery (EOR), textiles manufacturing, mining, food additives and others. In 2016, water & wastewater treatment application held the largest market share owing to wide consumption of polyacrylamide.

By geography, the market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa (MEA) and Latin America. In terms of revenue and volume, Asia-Pacific held the largest share of the polyacrylamide market. The growth of Asian polyacrylamide market is driven by growing government and industrial investment in water treatment projects, rising demand for polymer dispersants in pulp & paper industries and rising demand for synthetic polymer flocculants. During the forecast period, the growth of polyacrylamide market in Asia Pacific will remain highest during the forecast period.

Market Segmentation Overview
By Term Segments
By Ionization Non-ionic, cationic and anionic
By Application Water & wastewater treatment, enhanced oil recovery (EOR), textiles manufacturing, mining, food additives and others
By Design Specification Dissolved and powder
By Region North America, Europe, Asia-Pacific, Middle East & Africa (MEA) and Latin America

 

Competitive Landscape

Leading players operating in the polyacrylamide market are SNF Group (France), BASF SE (Germany), KemiraOyj(Finland), Shandong Polymer Biochemicals Co. Ltd. (China), Ashland Inc. (the U.S.). In Asia Pacific, the concentration of polyacrylamide producer is significantly high as compared to other regions. Many local players in Asia Pacific occupy significant share in polyacrylamide market.

 

Conclusion

Considering the expansion of industrial water treatment projects, rising demand for synthetic flocculants and rising demand for polyacrylamide in the mining sector, it has been estimated that the market for polyacrylamide is about to accelerate in coming years. Due to the conjoint impact of push factors, polyacrylamide market is estimated to experience significant growth during the forecast period.

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KEY QUESTIONS ANSWERED BY THE REPORT
What will be the nature of growth of the market till 2025?
What are the major push factors that will affect the growth of the market?
What are the growth possibilities in different segments of the market?
Who are the leading market players?
What are the key strategies implemented by the market leaders to sustain growth in the market?
What are the major restraining factors for the market?
What are the ways to generate new revenue streams?
In-depth analysis of the competitive landscape and competitor behavior in the market

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