Market Segmentation
The renewability of a water source is established based on the water cycle. Rivers, ponds, lakes, and groundwater that can be replenished by the natural water cycle are considered renewable. Whereas, groundwater bodies, such as deep aquifers, are considered to be non-renewable because of the negligible replenishment rate of these water bodies when measured on the human time scale. Rising temperatures coupled with scanty rainfall have led to the drying of river beds and lakes causing water shortages. In addition, growing industrialization and infrastructure development particularly in developing countries has led to water scarcity. Fresh water is an essential resource for human survival; it is used in household, agricultural, and industrial activities. Depleting water resources alongside an increasing global population poses a huge threat to life on earth, for humans and animals alike. The per capita water availability has fallen significantly during the past decade.
Growing mining activities are another key driver for polyacrylamide for augmenting the global polyacrylamide market. Polyacrylamide is used as a flocculating agent to treat wastewater generated during mining activities. The expansion in the mining sector is expected to propel the demand for polyacrylamide. Polyacrylamide is widely used in mining processing and in the treatment of minerals to separate mineral and mineral ore. It is also used as a flocculant in the treatment of wastewater from mineral processing that is formed by the mining channels during the mining process. The polyacrylamide products market demand is expected to increase owing to growing mining industries in the Asia region and the U.S. The population growth and speed of urbanization in China and other countries in the Asian region with ongoing requirements in the developed regions has created a demand surge for minerals and metals. Henceforth, polyacrylamide is expected to show a positive impact on the market.
The growing demand for acrylamide in manufacturing polyacrylamide polymers, which are used in wastewater treatment to enhance oil recovery and the textile industry is the major factor driving the market growth. However, the health and environmental hazards of acrylamide are expected to be a key factor affecting the market negatively. Acrylamide is known for its toxic effects on the nervous system The Food and Agriculture Organization of the United Nations and the World Health Organization concluded the intake level required to observe neuropathy was 500 times higher than the average dietary intake of acrylamide. Acrylamide polymers containing less than 0.2% monomer can be used in food-packaging adhesives, paper and paperboard, and gelatin capsules. Acrylamide-based polymers have been under surveillance because of the highly toxic nature of acrylamide monomers in high concentrations.
This section will provide insights into the contents included in this phosphate fertilizer market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance