Report Forecast:
The polyacrylamide market is expected to grow at a promising CAGR of 7.2% during the forecast period. Polyacrylamide is widely used in the wastewater & water treatment industry. This industry is expected to grow at a significant rate in the coming years on account of the growing concerns of declining water quality due to rapid industrial growth across the world. Rising demand for PAM in wastewater & water treatment, as well as in other end-use industries, is driving the recovery and growth of the polyacrylamide market.
The market's growth is influenced by a number of factors that have a significant or indirect impact on demand. An overview of such factors can be found in our report, which is derived utilizing SWOT analysis, industry life cycle, and supply chain analysis. Such key information can help market participants and investors identify the low-hanging fruits in the market and establish strategic initiatives to accelerate their growth.
COVID-19 IMPACT on the Market-
The COVID-19 pandemic has influenced almost all the industries, little or large, dealing in any sector.
The growth curves of Polyacrylamide market have witnessed enormous ebb and flows in the year 2020. The market scenario and the pace of growth have taken a huge turn and have prompted numerous adjustments in the cycles. 2021 is probably going to be superior to 2020 for the Polyacrylamide market players as the greater part of the organizations have continued their activities and the interest is getting re-established for them.
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The Cornerstones in the market-
Listed below are the top key players that dominate the Polyacrylamide market –
- BASF SE
- SNF Floerger
- Kemira Oyj
- Solvay S.A.
- Anhui Jucheng Fine Chemicals Co., Ltd.
- PetroChina Company Limited
- Beijing Hengju Chemical Group Corporation
- Jiangsu Feymer Technology
- Mitsubishi Chemical Corporation
- Shadong Polymer Biochemicals Co., Ltd.
Polyacrylamide Market Segmentation:
The report segments based upon demographics, geographics, benefits and volume etc, has different leading factors and identifies the most-attractive segments and sub-segments. The market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns that leads a roadmap to success.
The Polyacrylamide market is segmented into the following categories.
Product Type
The market is bifurcated into unreinforced non-ionic (NPAM), cationic (CPAM), anionic (APAM), and others. The anionic PAM (APAM) segment captured more than half of the market share in 2021, and is likely to remain the largest segment in the foreseen future. The versatile properties of APAM make it highly popular in wastewater treatment industries. The demand for recycling wastewater and treating sewage is increasing in fast-growing urban cities around the world, which is expected to have a positive impact on the demand for APAM over the forecast period.
Application Type
The market is segmented as water treatment, petroleum, paper making, and others. The petroleum segment is expected to remain the dominant application type during the forecast period. The growth of the segment is due to governments' investments in energy projects to meet the rising energy demands. Furthermore, increasing automobile sales are expected to drive petroleum consumption in the coming years, which will ultimately accelerate the polyacrylamide market growth over the forecast period.
Regional Analysis
Europe is expected to remain the largest market for polyacrylamide during the forecast period. Wastewater treatment and EOR (Enhanced Oil Recovery) are the two key applications that largely use polyacrylamide in the region. With a firm regulatory landscape in place for wastewater management, the European industry has already reached maturity. Furthermore, increasing shale gas extraction activities are expected to boost PAM consumption for fracking applications in Europe over the next five years.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
- Market structure: Overview, industry life cycle analysis, supply chain analysis.
- Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
- Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics: Market share, Product Portfolio, New Product Launches, etc.
- Attractive market segments and associated growth opportunities.
- Emerging trends.
- Strategic growth opportunities for the existing and new players.
- Key success factors.
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
- Company Profiling
- Detailed profiling of key market players (up to 3 players)
- SWOT analysis of key market players (up to 3 players)
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