Europe Polyacrylamide Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Polyacrylamide Market Analysis
The European polyacrylamide market is estimated to reach USD 283.77 kilotons by the end of this year, and it is projected to reach 349.92 kilotons in the next five years, registering a CAGR of 4.28% during the forecast period.
In Europe, countries like Italy and the United Kingdom were worst hit by the COVID-19 pandemic, which negatively affected the market. Pulp and paper, oil and gas, and mining end-user industries were negatively affected by the pandemic, which decreased the usage of polyacrylamide. However, the market recovered well after the restrictions were lifted. In 2022, the market recovered significantly, owing to the rise in consumption of polyacrylamide in water treatment and oil and gas end-user industries.
- The widening focus on water and wastewater treatment activities in Europe and the rising demand for polyacrylamide from the oil & gas industry is expected to drive the market.
- The strict regulations towards the usage of polyacrylamide owing to its toxicity and the increasing prices of raw materials are hindering market growth.
- The development of bio-based polyacrylamide at competitive prices is expected to create market opportunities during the forecast period.
- Germany is expected to dominate the market due to the rising demand for polyacrylamide from the water treatment, oil, and gas end-user industries. It is also expected to register the highest CAGR during the forecast period.
Europe Polyacrylamide Market Trends
Water Treatment Segment to Dominate the Market
- Polyacrylamide is used as a flocculant or coagulant for treating municipal and industrial wastewater. It causes suspended particles to aggregate and precipitate when added to treat water.
- Anionic polyacrylamide is used extensively in water treatment and sludge de-watering. For industrial sewage treatment, it is widely used in iron and steel plants, wastewater plants, electroplating wastewater plants, metallurgical wastewater plants, and coal-washing wastewater plants. Due to the significantly high flocculation efficiency, anionic polyacrylamide is widely used in water treatment.
- In Europe, the demand for polyacrylamide is increasing in the United Kingdom and Germany. The increasing water treatment activities, primarily in the northern region of Germany, are boosting the demand for polyacrylamide. The country's water supply and wastewater treatment sectors account for about EUR 22 billion (~USD 23.33 billion) annually, per the Federal Ministry for the Environment and Nature Conservation.
- In United Kingdom, the usage of water treatment technology by municipal corporations for providing clean drinking water is high, and the country follows the standards given by the World Health Organization (WHO). The country has a considerably high level of compliance with the urban waste-water treatment directive. It is reported that almost 100% of the wastewater generated is collected, and about 98.6% of this undergoes secondary treatment, with 92.8% of wastewater undergoing more stringent treatment.
- In Italy, the growing mining and chemical industries are upscaling the demand for wastewater treatment. In August 2022, the European Investment Bank (EIB) offered EUR 50 million (~USD 52.78 million) for improving wastewater treatment in 36 municipalities in the province of Treviso (Veneto, Italy), where Veritas operates integrated water services.
- According to Eurostat, the revenue in water supply, sewerage & waste management is registered at USD 50.84 billion in 2022, and it is expected to reach USD 54.89 billion by 2024, thereby increasing the demand for polyacrylamide in the country.
- Thus, increasing water treatment activities in Germany, the United Kingdom, and Italy are expected to drive the region's polyacrylamide market.
Germany to Dominate the Europe Market
- Germany is one of the largest markets for polyacrylamide in Europe. Polyacrylamide is used in various end-user industries such as water treatment, oil and gas, pulp and paper, and mining.
- Germany has more than five billion cubic meters of sewage water generated yearly by private households, industry, and trade. Germany has Europe's largest industrial wastewater treatment market, with almost 3,000 treatment plants in around 12,000 discharging companies. Over 920 million cubic meters of industrial wastewater are treated annually in the country before being discharged into the outside environment. Additionally, according to the Federal Ministry, about 99% of the people in Germany have direct access to wastewater treatment plants.
- According to Eurostat, the revenue in water supply, sewerage, and waste management was registered at USD 99.63 billion in 2022, and it is expected to reach USD 112.2 billion by 2024, thereby increasing the demand for polyacrylamide in the country.
- Germany is the largest crude oil consumer and the second-largest natural gas consumer in the European Union. The imports account for about 98% of crude oil and 95% of natural gas consumption in the country. While Germany has minimal domestic oil production equivalent to around 2% of oil consumption, the country has the second-largest refining capacity of 2.1 million b/d of crude oil in the European Union, and it is further expected to increase in the coming years. Thus, the increasing crude oil refining capacity is expected to increase the country's polyacrylamide market.
- Germany is an important mining country within the European region. The major minerals mined in the country are hard coal and lignite. As per the Eurostat data, revenue in the mining and quarrying sector is projected to amount to USD 22.45 billion in 2023, compared to USD 22.07 billion in 2022 and USD 23.05 billion in 2021.
- Overall, the growth in industries such as water treatment, oil and gas, and mining are likely to drive the country's polyacrylamide market.
Europe Polyacrylamide Industry Overview
The European polyacrylamide market is consolidated in nature. Some of the key players in the market (not in any particular order) include SNF, BASF SE, Kemira, Solenis, and Solvay.
Europe Polyacrylamide Market Leaders
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SNF
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BASF SE
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Kemira
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Solvay
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Solenis
*Disclaimer: Major Players sorted in no particular order
Europe Polyacrylamide Market News
- February 2022: Kemira announced the commencement of the full-scale production of bio-based polyacrylamide. The development will help Kemira strengthen its position as a significant provider of sustainable chemistry solutions for water-intensive industries.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 Widening Focus on Water and Wastewater Treatment Activities in Europe
4.1.2 The Rising Demand for Polyacrylamide from Oil and Gas Industry
4.1.3 Other Drivers
4.2 Restraints
4.2.1 Strigent Regulations towards the Usage of Polyacrylamide owing to its Toxicity
4.2.2 The Increasing Prices of Raw Materials
4.3 Industry Value-Chain Analysis
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Volume)
5.1 By Physical Form
5.1.1 Powder
5.1.2 Liquid
5.1.3 Emulsion/Dispersions
5.2 By Application
5.2.1 Enhanced Oil Recovery
5.2.2 Flocculants for Water Treatment
5.2.3 Soil Conditioner
5.2.4 Binders and Stabilizers in Cosmetics
5.2.5 Other Applications (Food Processing, Pulp Processing, etc.)
5.3 By End-user Industry
5.3.1 Water Treatment
5.3.2 Oil and Gas
5.3.3 Pulp and Paper
5.3.4 Mining
5.3.5 Other End-user Industries (Food and Beverage, Agriculture, Textiles, etc.)
5.4 By Geography
5.4.1 Europe
5.4.1.1 Germany
5.4.1.2 United Kinfdom
5.4.1.3 France
5.4.1.4 Italy
5.4.1.5 Rest of Europe
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)**/Ranking Analysis
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Ashland
6.4.2 BASF SE
6.4.3 Black Rose Industries Ltd
6.4.4 INEOS
6.4.5 Kemira
6.4.6 Mitsui Chemicals Inc.
6.4.7 NUOER GROUP
6.4.8 SNF
6.4.9 Solenis
6.4.10 Solvay
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Development of Bio-Based Polyacrylamide at Competitive Prices
7.2 Other Opportunities
Europe Polyacrylamide Industry Segmentation
Polyacrylamide is an acrylic resin that has the unique property of being soluble in water. The polyacrylamide synthetic polymer is made of acrylamide. Polyacrylamide is used to flocculate solids in a liquid in processes such as water treatment, oil refining, and paper-making.
The polyacrylamide market is segmented by physical form, application, end-user industry, and geography. By physical form, the market is segmented into powder, liquid, and dispersions. The market is segmented by application into enhanced oil recovery, flocculants for water treatment, soil conditioners, binders and stabilizers in cosmetics, and other applications (food processing, pulp processing, etc.). By end-user industry, the market is segmented into water treatment, oil and gas, pulp and paper, mining, and other end-user industries (food and beverage, agriculture, textiles, etc.). The report also covers the market size and forecasts for the European polyacrylamide market for four major countries.
For each segment, the market sizing and forecasts are provided in terms of volume (tons).
| By Physical Form | |
| Powder | |
| Liquid | |
| Emulsion/Dispersions |
| By Application | |
| Enhanced Oil Recovery | |
| Flocculants for Water Treatment | |
| Soil Conditioner | |
| Binders and Stabilizers in Cosmetics | |
| Other Applications (Food Processing, Pulp Processing, etc.) |
| By End-user Industry | |
| Water Treatment | |
| Oil and Gas | |
| Pulp and Paper | |
| Mining | |
| Other End-user Industries (Food and Beverage, Agriculture, Textiles, etc.) |
| By Geography | |||||||
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Frequently Asked Questions
What is the current Europe Polyacrylamide Market size?
The Europe Polyacrylamide Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Europe Polyacrylamide Market?
SNF, BASF SE, Kemira, Solvay and Solenis are the major companies operating in the Europe Polyacrylamide Market.
What years does this Europe Polyacrylamide Market cover?
The report covers the Europe Polyacrylamide Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Polyacrylamide Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Polyacrylamide Industry Report
Statistics for the 2024 Europe Polyacrylamide market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Polyacrylamide analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
