Polyacrylamide Market trends research and projections for 2019 - 2024

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Polyacrylamide Market Growth Outlook with
Industry Review and Forecast 2019-2024
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Global Market Scenario of Polyacrylamide Industry

• In 2016, petroleum segment was accounted for over
  30 of the overall polyacrylamide market share in
  2016. Rising product demand for heating,
  electricity generation, chemical synthesis, etc.
  is likely to generate promising gains for the
  overall polyacrylamide market size by 2024.
  Moreover, polyacrylamide market size for water
  treatment which was valued close to USD 2 billion
  in 2016 is expected to show positive growth
  indicators by 2024. Stringent legislations
  imposed by government and firm need to improve
  health standards has been persuading industries
  to build water treatment facilities which will
  boost the global polyacrylamide market size by
  2024.
• Uneven petroleum prices are likely to impede the
  overall polyacrylamide market size by 2024.
  Moreover, rising organic products demand along
  with poisonous product features is probable to
  deter polyacrylamide market in the near future.
  However, plentiful opportunities from water
  treatment industry, paper making industry and
  petroleum industry shall generate ample business
  growth opportunities by 2024.
• Sturdy rise in implementation of wastewater
  treatment facility owing to increasing
  initiatives taken by government to condense
  wastewater coming from industrial household
  sector will subsequently boost polyacrylamide
  market size by 2024. This is attributed to
  persistent need to improve health standards to
  minimize disease causing agents from the
  environment, which are prone to cause several
  lethal diseases.

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• Gradually diminishing natural resources as well
  as stringent legislations have been persuading
  manufacturing facilities to treat wastewater
  before releasing in the environment. Moreover,
  propelling product demand to attain oil from
  reserves via enhanced oil recovery (EOR)
  technology owing to its outstanding gelatinous
  properties and capability to formulate cross
  links is probable to generate promising gains for
  the overall polyacrylamide market size over the
  projected time spell. Moreover, plentiful
  availability of unconventional reserves in China
  and the U.S. is expected to generate ample
  opportunities for the industry growth by 2024.
• In terms of revenue, cationic polyacrylamide
  market size is forecast to expand at a CAGR close
  to 10 by 2024. It is estimated to expand at a
  faster pace owing to rising application in sludge
  dewatering, EOR, water treatment, etc. High
  molecular weight and charge can produce several
  molecular chains in water which improves the
  overall absorption capacity of suspended
  particles and henceforth which makes it desirable
  as flocculant across water treatment plants. In
  terms of revenue, anionic polyacrylamide market
  size is forecast to propel at a CAGR of over 9
  in the near future. It is superior in performance
  for treating limy dense water coming from
  metallurgical industry.

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360 Industry Analysis

• Asia Pacific polyacrylamide market size is
  foreseeable to attain USD 4.9 billion by 2024.
  Prevailing economy in the region due to growing
  population has resulted in significant rise in
  wastewater coming from household industrial
  sector which has compelled government
  regulatory bodies to encourage wastewater
  handling facilities. These trends are likely to
  propel demand for flocculants which in turn will
  have positive impact on the overall
  polyacrylamide market size in the coming years.
•  

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• Competitive Analysis
• Key players in polyacrylamide market includes
  Kemira, PetroChina, Ashland, Beijing Hengju
  Chemical, BASF and Xitao Polymer.

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