Polyacrylamide Market analysis research and trends report for 2017- 2024

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Polyacrylamide Market growth drivers in 2017
Challenges by 2024
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Global Market Scenario of Polyacrylamide Industry

• Global polyacrylamide market is set to rise at an
  unprecedented pace with the global population
  battling the catastrophe of water scarcity and
  depleting water resources. Recognized as an
  excellent flocculent, polyacrylamide is highly
  used as a water absorbing polymer in the
  treatment of waste water released from household
  and industrial sectors. Polyacrylamide Market is
  further projected to gain strong footing with the
  formulation of stringent regulatory compliances
  pertaining toward waste water treatment. Such
  regulations coupled with the wide usage of this
  chemical in water treatment applications have
  left subsequent impact on the demand of
  polyacrylamide market, which was pegged at USD
  5.5 billion in 2016. Below mentioned are most
  lucrative applications of polyacrylamide.
• The polluted water resources are one of the major
  concerns being addressed by the government and
  environmental bodies. Treatment and protection
  of water sewage is closely linked to
  preservation of the environment and has received
  more attention from the regulatory bodies.
  Polyacrylamide, thus plays a very important role
  in the field of water treatment. Severe
  regulations imposed by the governments to treat
  the industrial waste water before releasing, has
  significantly contributed toward the growth of
  polyacrylamide market size. Estimates claims
  polyacrylamide industry size from water treatment
  applications to grow at an annual rate of 8 over
  2017-2024.

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• Geographically, Asia Pacific is one of the major
  growth avenues of polyacrylamide market, driven
  by vigorous initiatives in this region to
  conserve its natural water resources coupled with
  increasing waste water ratio due to rapid
  industrialization. As per the estimates, APAC is
  foreseen to exhibit a CAGR of 8 over 2017-2024,
  primarily driven by China, India, and Malaysia.
• Chinas total waste water discharge has increased
  from 41.5 billion tones in 2000 to 68.5 billion
  tones in 2012, a significant raise of 65 over
  the period. Growing urbanization trends in the
  region has led to a raise in domestic wastewater
  volumes. Chinas urbanization rate has soared
  from 36 to 53 over 2000-2012 and is anticipated
  to be over 60 by 2020. Subject to this fact,
  China polyacrylamide market is likely to witness
  a lucrative roadmap over the coming seven years.

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360 Industry Analysis

• In 2016, the global polyacrylamide industry share
  was fairly consolidated with top industry players
  catering to 40 of the total market demand.
  PetroChina Company Ltd, Mitsubishi Rayon Co Ltd.,
  BASF, Anhui Jucheng Fine Chemicals Co. Ltd.,
  Xitao Polymer Co Ltd., SNF Floerger Group, and
  Kemira, were the prominent players accumulating
  subsequent industry chunk. The overall
  polyacrylamide industry has several contributors,
  but in terms of production, it is predominantly
  represented by major players from Asia Pacific.

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• Regional Analysis
• In Latin America and Middle East, the growth of
  polyacrylamide industry is relatively lower due
  to lack of product penetration and low
  application scope. However, in Asia Pacific,
  application of polyacrylamide is chiefly
  concentrated in water treatment paper making
  sectors. While in Europe North America there is
  a greater product demand from oil gas and
  mining sectors.
• Competitive Analysis
• Considering the competitive scenario, the current
  trends demonstrate the engrossment of industry
  players in developing their product portfolios
  and expanding their global reach with mergers
  acquisitions. Moreover, in the coming years
  companies are likely to focus on backward
  integration plans and on upgrading their current
  infrastructure to expand their production
  capacities for grabbing major industry share. For
  instance, a leading specialty chemical company
  Solenis, invested USD 5 million in its Russia
  manufacturing facility to upgrade its
  infrastructure. This has helped the unit to
  double its production capacity of polyacrylamide
  and efficiently exploit the enormous potential of
  this fraternity.

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