Who are the key players in Polyacrylamide Market?

SNF Group, Kemira, BASF SE, Solenis and Solvay are the major companies operating in the Polyacrylamide Market. Read More

Which is the fastest growing region in Polyacrylamide Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Polyacrylamide Market?

In 2024, the Asia Pacific accounts for the largest market share in Polyacrylamide Market. Read More

What years does this Polyacrylamide Market cover, and what was the market size in 2023?

In 2023, the Polyacrylamide Market size was estimated at 2.06 million tons. The report covers the Polyacrylamide Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Polyacrylamide Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Polyacrylamide Market Size

Market Size of Polyacrylamide Industry

Study Period	2019 - 2029
Market Volume (2024)	2.17 Million tons
Market Volume (2029)	2.84 Million tons
CAGR (2024 - 2029)	5.45 %
Fastest Growing Market	Asia Pacific
Largest Market	Asia Pacific
Market Concentration	High
Major Players *Disclaimer: Major Players sorted in no particular order

Polyacrylamide Market Analysis

The Polyacrylamide Market size is estimated at 2.17 Million tons in 2024, and is expected to reach 2.84 Million tons by 2029, growing at a CAGR of 5.45% during the forecast period (2024-2029).

In 2022, the COVID-19 pandemic, on a global scale, forced water treatment, pulp and paper, oil and gas, and mining industries to shut down their operations, lowering the demand for polyacrylamide. The pandemic impacted almost every aspect of these industries, from product demand to workforce development to accelerating or decelerating trends already underway when it struck. Customers and their temporary production stops reduced production levels, and demand reductions significantly impacted production processes. However, the condition is expected to recover, restoring the growth trajectory of the market during the latter half of the forecast period.

In the medium term, the growing utilization in the oil and gas industry for enhanced oil recovery and the increasing need for polyacrylamide as a flocculant in the water treatment industry are expected to drive demand.
Health concerns caused by exposure to acrylamide monomer is expected to hinder the market's growth.
The emerging application of polyacrylamide in the biomedical industry and the development of bio-based polyacrylamide are expected to offer lucrative opportunities to the market.
Asia-Pacific accounted for the highest market share, and the region will likely dominate the market during the forecast period.

Polyacrylamide Industry Segmentation

Polyacrylamide is a water-soluble synthetic linear polymer made of acrylamide or the combination of acrylic acid and acrylamide.

The polyacrylamides market is segmented by physical form (powder, liquid, emulsion/dispersions), application (enhanced oil recovery, flocculants for water treatment, soil conditioner, binders and stabilizers in cosmetics, other applications) (food processing, etc.)), end-user industry (water treatment, oil and gas, pulp and paper, mining, other end-user industries (food, agriculture, cosmetics, etc.)) and geography (Asia-Pacific, North America, Europe, South America, and Middle East and Africa). The report offers market size and forecasts for the Polyacrylamide market in volume (kilotons) for all the above segments.

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

By End-user Industry
		Water Treatment
		Oil and Gas
		Pulp and Paper
		Mining
		Other End-user Industries

By Geography

Asia-Pacific
	China
	India
	Japan
	South Korea
	Rest of Asia-Pacific

North America
	United States
	Canada
	Mexico

Europe
	Germany
	United Kingdom
	France
	Russia
	Netherlands
	Rest of Europe

South America
	Brazil
	Argentina
	Rest of South America

Middle East and Africa
	Saudi Arabia
	South Africa
	Rest of Middle East and Africa

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Polyacrylamide Market Size Summary

The polyacrylamide market is poised for significant growth over the forecast period, driven by its increasing application in various industries such as oil and gas, water treatment, and mining. The polymer's ability to enhance oil recovery and act as a flocculant in water treatment processes makes it a valuable resource in these sectors. Despite the initial setbacks caused by the COVID-19 pandemic, which temporarily reduced demand across key industries, the market is expected to recover and continue its upward trajectory. The Asia-Pacific region, particularly China and India, is anticipated to maintain its dominance in the market due to rising water treatment activities and industrial growth. The development of bio-based polyacrylamide and its emerging applications in the biomedical field present additional opportunities for market expansion.

The market landscape is characterized by a high level of consolidation, with major players like SNF Group, BASF SE, Kemira, Solenis, and Solvay holding significant market shares. These companies are actively pursuing strategic initiatives to enhance their market positions, such as Kemira's production of bio-based polyacrylamide and Solenis's acquisition of SCL GmbH to support its global growth plan. The increasing global demand for water treatment solutions, coupled with regulatory pressures and sustainability initiatives, is expected to drive the market forward. As the world grapples with water scarcity and the need for efficient water management solutions, polyacrylamide's role as a cost-effective and efficient flocculant is likely to become even more critical, further bolstering its market prospects.

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Polyacrylamide Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Drivers
  1. 1.1.1 Growing Utilization in the Oil and Gas Industry for Enhanced Oil Recovery
  2. 1.1.2 Increasing Demand for Polyacrylamide as a Flocculant in Water Treatment Industry
2. 1.2 Market Restraints
  1. 1.2.1 Health Concerns Caused by Exposure to Acrylamide Monomer
3. 1.3 Industry Value Chain Analysis
4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis
  1. 1.4.1 Bargaining Power of Suppliers
  2. 1.4.2 Bargaining Power of Consumers
  3. 1.4.3 Threat of New Entrants
  4. 1.4.4 Threat of Substitute Products and Services
  5. 1.4.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION (Market Size in Volume)
1. 2.1 By Physical Form
  1. 2.1.1 Powder
  2. 2.1.2 Liquid
  3. 2.1.3 Emulsion/Dispersions
2. 2.2 By Application
  1. 2.2.1 Enhanced Oil Recovery
  2. 2.2.2 Flocculants for Water Treatment
  3. 2.2.3 Soil Conditioner
  4. 2.2.4 Binders and Stabilizers in Cosmetics
  5. 2.2.5 Other Applications
3. 2.3 By End-user Industry
  1. 2.3.1 Water Treatment
  2. 2.3.2 Oil and Gas
  3. 2.3.3 Pulp and Paper
  4. 2.3.4 Mining
  5. 2.3.5 Other End-user Industries
4. 2.4 By Geography
  1. 2.4.1 Asia-Pacific
    1. 2.4.1.1 China
    2. 2.4.1.2 India
    3. 2.4.1.3 Japan
    4. 2.4.1.4 South Korea
    5. 2.4.1.5 Rest of Asia-Pacific
  2. 2.4.2 North America
    1. 2.4.2.1 United States
    2. 2.4.2.2 Canada
    3. 2.4.2.3 Mexico
  3. 2.4.3 Europe
    1. 2.4.3.1 Germany
    2. 2.4.3.2 United Kingdom
    3. 2.4.3.3 France
    4. 2.4.3.4 Russia
    5. 2.4.3.5 Netherlands
    6. 2.4.3.6 Rest of Europe
  4. 2.4.4 South America
    1. 2.4.4.1 Brazil
    2. 2.4.4.2 Argentina
    3. 2.4.4.3 Rest of South America
  5. 2.4.5 Middle East and Africa
    1. 2.4.5.1 Saudi Arabia
    2. 2.4.5.2 South Africa
    3. 2.4.5.3 Rest of Middle East and Africa