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Polyacrylamide (PAM) is a synthetic polymer obtained by polymerization of acrylamide monomer, with the molecular formula CH2CHCONH2. It is majorly used for flocculation of solids in a liquid, in processes such as water treatment, paper making, and screen printing due to its gel like properties. Another common uses of polyacrylamide and its derivatives are enhanced oil recovery and soil conditioning. Polyacrylamide is supplied in the form of powder, solution, and emulsion polymer. It is a chemical intermediate in the production of N-Methylol acrylamide and N-butoxyacrylamide. The exponential rise in population has increased the need for water purification, hence growing the need for polyacrylamide.
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The key market driver for the global polyacrylamide market is the growing use of polyacrylamide in the petroleum industry to improve the recovery of oil.
Key market restraint for the global polyacrylamide market is the side effects related to the polyacrylamide. The use of polyacrylamide in agriculture might contaminate the food with acrylamide, which is a carcinogen and neurotoxin.
Based on type, the market is segmented into cationic, anionic, and non-ionic. Based on water treatment, oil & gas, paper making, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Some of the notable companies in the polyacrylamide market are Ashland Inc., BASE SE, Black Rose Chemicals, Envitech Chemical Specialties Pvt. Ltd., Kemira, Shuiheng Chemicals, SINOPEC, SNF Group, Anhui Tianrun Chemicals Co. Ltd., Xitao Polymer Co. Ltd., Chinafloc, and other key players.
Key Market Driver -
Growing use in the petroleum industry
Key Market Restraint -
Side effects related to polyacrylamide
The global polyacrylamide market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific is the largest market for polyacrylamide due to rapid industrialization, which has propelled the demand for polyacrylamide for water treatment applications. The presence of several numbers of pharmaceutical and chemical industries in China will increase the demand for water treatment chemicals, which will further increase the polyacrylamide market. In North America, strict regulations imposed on the disposal of wastewater from the industries will raise the demand for polyacrylamide. High investments in technologies of water purification and recycling will propagate the polyacrylamide market in Europe. The polyacrylamide market will grow in Latin America due to its requirement for water treatment from developing countries. The Middle East & Africa will show development in the polyacrylamide market due to the increasing need to efficiently treat the available water in the region. Increasing the use of polyacrylamide market for oil & gas applications will further lead to market growth.
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