Global polyacrylamide market is anticipated to witness a significant growth over the upcoming years on account of the rising awareness of the waste water management. Polyacrylamide is a water soluble polymer. Thus, these water soluble polymers are used for separation of proteins and water treatment. Polyacrylamides are produced in liquid form or granular form and are available as anionic, non-ionic, cationic and other polymers which include homopolymers and copolymers. The polymer’s ionic nature makes it suitable for its use as a coagulant and flocculants which are used for segregating solids from liquids in wastewater management.
Growing adaptation of wastewater treatment is expected to result in an escalation of the product demand over the upcoming years. Also, rising consumption of polyacrylamide for manufacturing electrophoresis and contact lenses is anticipated to stimulate the market demand. Furthermore, it has its applications in facial surgeries as a sub-dermal filler which is expected to boost demand over the forecast period. Increasing environmental and health concerns related to the product is anticipated to restrain market growth over the upcoming years. The restrictions on the use of polyacrylamide on account of environmental and government regulations opposing are expected to restrict the consumption. In addition, variation in raw material cost is anticipated to limiting the demand over the near future.
Polyacrylamide has its applications in water treatment, paper making, oil & gas, chemical industry and bio-medical sector. The polymer is used for digested sludge and sewage disposal which is anticipated to stimulate the market growth on account of increasing environmental apprehensions. Polyacrylamide is used as an anti-friction in pad drilling technique which is expected to add towards increasing consumption on a result of the rising demand from the oil & gas segment. The polymer is used as an anti-friction agent and soil stabilizer on account of which it is being used in mining activities, which in turn will stimulate the market growth in the upcoming years. Furthermore, this chemical has its application in superior oil recovery processes which is expected to augment the market growth.
Rapid development in the bio-medical industry is predicted to influence the demand positively shortly. Moreover, rising demand for paper in numerous industries including personal care, household and education are expected to escalate the request for polyacrylamide in light of its usage as a binding agent shortly. The ionic form of polyacrylamide has a vital role in the drinking water treatment sector. Trivalent metal salts including aluminum chloride and ferric chloride are connected by the elongated polymer chains of polyacrylamide, which results in remarkable improvement in the flocculation rate. Polyacrylamide is used in molecular biology applications as a buffer for electrophoresis of nucleic acids and proteins in a technique known as PAGE (polyacrylamide gel electrophoresis). It used to have its application in the synthesis of the Boger fluid.
Asia Pacific is expected to witness a significant growth over the upcoming years on account of the rapid development, urbanization, along with industrialization particularly in Japan, India, and China. The growing wastewater treatment activities in Malaysia, India and China is projected to promote product demand shortly.
North America is anticipated to offer a broad range of opportunities for market growth over the upcoming years in light of the shale gas roar in the U.S. along with rising enhanced oil recovery activities in the U.S. Moreover, increasing R&D in the biomedical industry coupled with technological developments are expected to stimulate usage of the product in this region. Europe is anticipated to grow shortly in light of increasing household and personal care sector where rising demand of paper has its usage of polyacrylamide. MEA is expected to be a large market concerning to large mining and oil & gas activities in numerous countries including UAE, Qatar, Saudi Arabia and Kuwait. Latin America is also expected to contribute to the growth of the polymer over the next few years in light of increasing need for soil stabilization and enhanced oil recovery activities in the region on account of the high production of agriculture.
The major players operating in the polyacrylamide market include SNF Group, Feixiang Group of Companies, Ashland Inc., BASF SE, Kemira, Tianrun Chemicals, Beijing Hengju Chemical, Anhui Jucheng Fine Chemicals Co., Petro China, ZL Petrochemicals, Dow Chemical Company and Shadong Polymer Biochemicals Co. Numerous companies are commercializing and developing the usage of bio-based acrylamide which is anticipated to offer an eco-friendly prospect for market demand.
BASF introduced Aspiro, which has its applications in enhanced oil recoveries through polyacrylamide technology. Aspiro has also entered into a partnership with Sinopec to establish a water treatment and paper chemicals plant in Nanjing in China, which has an annual capacity of 20,000 tons of cationic polyacrylamide.
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