Business Research Company Polyacrylamide Market 2022 – Opportunities and Strategies – Global Forecast to 2030
LONDON, GREATER LONDON, UK, June 24, 2022 /EINPresswire.com/ — Growing need for wastewater treatment is expected to fuel polyacrylamide market growth over the coming years. According to polyacrylamide market analysis, wastewater treatment is the method of removing pollutants from sewage or wastewater and converting them into an effluent that can be added to the water supply with environmental effects minimal. Polyacrylamide and its co-polymers are used as flocculants or coagulants for wastewater treatment. For example, according to a study by the Institute for Water, Environment and Health of the United Nations University, around 52% of wastewater is treated worldwide. It is also estimated that by 2040, global demand could exceed supply by 50%. Further, NITI Aayog reported that the Indian sewage treatment plant market is expected to reach $4.3 billion by 2025 owing to the growing demand for municipal water as well as sewage treatment plants. worn across the country. Hence, the growing need for wastewater treatment is expected to drive the growth of the polyacrylamide industry.
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The global polyacrylamide market size is expected to grow from USD 3.49 billion in 2020 to USD 5.01 billion in 2025 at a rate of 7.5%. The global polyacrylamide market share is then expected to grow at a CAGR of 5.4% from 2025 and reach $6.52 billion in 2030.
Companies operating in the mining industry use polymers, including polyacrylamide, for various applications. The mining industry involves the extraction of valuable minerals and other geological materials from rock or the surface of the earth. For example, BASF, a Germany-based chemical producer and supplier of polyacrylamide products, and a provider of sustainable solutions for mining operations, has increased production towards innovative polyacrylamide-based technologies that are used for industrial mining. BASF creates innovations including polyacrylamide-based technology that increases productivity, recovery and flexibility throughout the hydrometallurgical process. In most mineral processing and extraction processes, polyacrylamide is used due to its high molecular weight or ultra-high molecular weight for sedimentation and centrifugation.
Key Players Covered in Global Polyacrylamide Industry are Ashland Inc. BASF SE, SNF Floerger Group, Kemira, Solvay.
TBRC’s Polyacrylamide market report is segmented by Product into Anionic, Cationic, Nonionic, Others, by Physical Form in Powder, Liquid, Emulsion or Dispersions, by End User in Water Treatment, Oil & Gas, Pastes and papers, mining, other.
Polyacrylamide Market 2022 – By Product Type (Anionic, Cationic, Nonionic), By Physical Form (Powder, Liquid, Emulsion, or Dispersions), By End User (Water Treatment, Food & Beverage, Personal Care, Personal Care) health) and by region, Opportunities and Strategies – Global Forecast to 2030 is part of a series of new reports from The Business Research Company that provides an overview of the polyacrylamide market, forecasts the size and growth of the global polyacrylamide market for Overall Market, Global Polyacrylamide Market Segments, Geographies, Global Polyacrylamide Market Trends, Polyacrylamide Market Drivers, Restraints, Revenue, Key Competitor Profiles and Market Shares.
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