Polyacrylamide Market Size, Share & Trends Analysis Report By Product (Cationic, Anionic), By Application (Water Treatment, Oil & Gas), By Region (Asia Pacific, North America), And Segment Forecasts, 2023 - 2030

Research Methodology

A three-pronged approach was followed for deducing the phosphate fertilizer market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for phosphate fertilizer market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of phosphate fertilizer market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Phosphate Fertilizer Market Categorization:

The phosphate fertilizer market was categorized into three segments, namely product (Monoammonium Phosphate, Diammonium Phosphate, Single Superphosphate, Triple Superphosphate), application (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables), and regions (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa).

Segment Market Methodology:

The phosphate fertilizer market was segmented into product, application, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The phosphate fertilizer market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into twenty-two countries, namely, the U.S.; Canada; Mexico; Germany; the UK.; Italy; France; Russia; Finland; China; India; Japan; Australia; Southeast Asia; Brazil; Argentina; Chile; Saudi Arabia; Tunisia; Morocco; Senegal; and Egypt

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Phosphate fertilizer market companies & financials:

The phosphate fertilizer market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Anhui Jucheng Fine Chemical Co, Ltd. (CJCC) -  Anhui Jucheng Fine Chemical Co, Ltd. (CJCC), established in 2005 is a chemical manufacturing company headquartered in China. The company is engaged in manufacturing and supply of polyacrylamide and related chemicals. The product lines offered by the CJCC include non-ion polyacrylamide, zwitterionic polyacrylamide, cation polyacrylamide, anion polyacrylamide, and acrylamide. These products serve various industries including water treatment, textile, pulp and paper, and oil & gas. The company owns three production facilities for manufacturing polyacrylamide and is planning to set up a new production facility with a capacity of over 15,000MT. The company owns over 200 employees as of 2016 and covers an area of 60,000 square meters.

• Ashland Inc. - Ashland Inc., founded in 1924 is a specialty chemical manufacturing company headquartered in the U.S. The company through its services and products serves various markets including agriculture, food and beverage, building and construction, marine, and wastewater treatment. The company operates through three major businesses including specialty ingredients, Valvoline, and performance materials. The specialty ingredients segment of the company operates through two segments including consumer specialties and industrial specialties and serves various markets including food & beverage, pharmaceuticals, paints & coatings, and packaging. The company has a presence in all the major regions across the globe including North America, Europe, Asia Pacific, and CSA.

• BASF SE - BASF was founded in 1865 and is headquartered in Germany. The chemical company is into the production of solvents, plasticizers, monomers, glues, electronic chemicals, pigments, care chemicals, nutrition, health products, battery materials, engineering plastics, polyurethane, automotive and industrial coating materials, fungicides, herbicides, insecticides, and crop care products. The company has over 112, 430 employees as of 2015 with a presence across 25 countries across the world. The company operates through 5 business divisions namely Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions, and Oil & Gas. The chemical segment of the company offers a range of basic chemicals, solvents, plasticizers, and electronic chemicals.

• Kemira - Kemira is a chemical manufacturing company established in 1933 and is headquartered in Finland. The company offers a range of chemicals, especially for applications including pulp & paper, pulp & paper, and industrial & municipal applications. The company operates its business in three aforementioned business categories and serves over 120 countries across the globe. The company owns over 60 operational sites and has over 4,000 employees as of 2015. Around 25 operational sites of the company are engaged in manufacturing polyacrylamide polymers and other process chemicals. The product portfolio of Kemira consists of anionic direct dyestuffs, anionic powder dyestuffs, anticipants, basic dyestuffs, biocides, bulking chemicals, cationic direct dyestuff, chloro-alkali products, concept, corrosion inhibitors, creping aids, defoamers, deinking specialty chemicals, dispersants, emulsifiers, fixing agents, polymers, coagulants, and surfactants.

• Black Rose Industries Ltd. - Black Rose Industries Ltd., established in 1990 is a textile manufacturing company headquartered in India. The company operates through three business divisions including chemicals, textiles, and acrylamides. The chemical division of the company is engaged in the import, export, and distribution of a range of performance and specialty chemicals. In addition, Black Rose owns India’s first acrylamide manufacturing plant and offers made-ups and fabrics for industrial applications. The company has a fully owned subsidiary in Japan, which is operated under the name ‘B.R. CHEMICALS CO., LTD.’ This company is involved in promoting Indian products in the Japanese market. In addition, the company sources raw materials from Japanese manufacturers for Indian chemical producers. Black Rose manufactures acrylamide solution which is marketed under the brand name ‘BRILMIDE’, which is available in various packet sizes including 250 kg drums, 1050/850 kg.

• Xitao Polymer Co., Ltd. - Xitao Polymer Co., Ltd., established in 1997 is a chemical manufacturer headquartered in China. The company specializes in research, marketing, production, and after-sale service of polymer chemicals. The company is involved in the manufacture of chemicals such as cationic, anionic, amphoteric, non-ionic polyacrylamide, and super absorbent polymers. The products manufactured by the company find a wide application in papermaking, municipal and industrial water treatment, ore dressing, enhanced oil recovery, physical hygiene, sewage treatment in all kinds of fields, water holding agents for soil, and mining & metallurgy. The company established three manufacturing facilities in China and produces 3000 tons of polymer chemicals with nine product lines. The company established sales and distribution units across the major regions in the world including North America, Europe, Asia Pacific, and Central & South America.

• ZL EOR Chemicals Ltd. - ZL EOR Chemicals Ltd. referred to as ZJ Green Energy Co., Ltd. Was established in 1995 and is headquartered in China. The company specializes in the manufacturing, sales, and service of polyacrylamide producing specialized products for oil recovery and water treatment. Furthermore, the company is also involved in the manufacturing of cationic, anionic, non-ionic, and amphoteric polyacrylamide. The products manufactured by the company find wide application in enhanced oil recovery, water treatment, architecture, coal mining, metallurgy industries, papermaking, and textiles. The products manufactured are catered to the various distribution channels across the globe.

• Dongying Kechuang Biochemical Industrial Co., Ltd. -  Dongying Kechuang Biochemical Industrial Co., Ltd., is a polyacrylamide manufacturer based in China. The company uses microbiological methods for producing polyacrylamide and acrylamide agents. The company has over 200 employees and the products offered are certified with ISO 9000/9001/9004/19011. The company serves various industries including paper making, coal washing, textiles, sugar manufacturing, and petroleum exploration.

• Jiangsu Feymer Technology Co., Ltd. -  Jiangsu Feymer Technology Co., Ltd., a subsidiary of Feixiang Group company is headquartered in China. The company is engaged in the manufacturing and marketing of special monomers and soluble polymers for various applications including daily chemical, water treatment, mineral flotation, and water treatment. The products offered by the company include anionic polyacrylamide, homopolymer series, and dimethyl diallyl ammonium chloride polymer. In addition, the company manufactures a series of polyamine products.

• Anhui Tianrun Chemicals Co., Ltd. -  Anhui Tianrun Chemicals Co., Ltd. was established in 2007 and is headquartered in China. The company is involved in the manufacturing and selling of an array of polyacrylamide products. The product portfolio of the company consists of cationic, anionic, amphoteric, and emulsion polyacrylamides. The company’s products are authenticated by the European Union Chemical REACH, American NSF, Halal, and Kosher. The products manufactured by the company find wide application in the water treatment, oil, paper, mining, and textile industries. Furthermore, the company is also involved in the research, innovation, and after-sales service of the products.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Phosphate Fertilizer Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2021, historic information from 2010 to 2021, and forecast from 2022 to 2040). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Phosphate Fertilizer Market Report Assumptions:

• The report provides market value for the base year 2021 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.