Polyacrylamide is a kind of polymer that is formed by mutually crossing link with an acrylic amide. Polyacrylamide is also known to be formed out of the acrylamide subunits. It is economic, environment friendly, and being versatile it is used in different industries. It is non toxic, however, non polymerized acrylamide may be present in a small amount in polymerized acrylamide which is a neurotoxin and is handled with care. Polyacrylamide consist copolymers of acrylamide and certain few other chemical species like acrylic acid or salt.
The financial crisis in 2009 dampened the market growth, however, it is currently expected to grow substantially. The research and development carried out over the past 40 years by China has positioned it to be one of the largest producers of polyacrylamide. Over last five years China has had fuelled growth and is expected to continue the trend similarly in the coming five years. The polymers that are water soluble are used for waste water treatment and for potable water production. They are also utilized efficiently in personal care, mining, agriculture, and construction sectors.
Polyacrylamide has different uses in various industries. It is utilized as a coagulant in the oil exploration industry and also in the recovery of oil in tertiary processes. Since polyacrylamide is environmentally friendly and less toxic, it is used in many industries and this in turn is fuelling the demand. It forms one of the most essential constituents in oil recovery and exploration owing to which its demand is increasing rapidly across the globe. Polyacrylamide is also used in wastewater treatment processes and in the production of paper. The rising health concerns are thereby fuelling the market, increasing its demand across the globe.
The rising health concern in context of the neurotoxin that is present in polyacrylamide leading to food contamination and this is in turn is dampening the market growth. Polyacrylamide is non-toxic, however, minor traces of neurotoxin or nerve toxin acrylamide are expected to affect the quality of the food. This acts as a major restraining factor leading to stunted market growth.
Polyacrylamide has growing applications in different industries and being a good flocculate it has growing wide opportunities. The market is expected to experience wide opportunities in the Asia-Pacific region owing to the growing needs in this region which is followed by North America and Europe.
Some of the key players of the market include, Yixing Bluwat Chemicals Co., Ltd, SNF Group, Xitao Polymer Co., Ltd., Jiangsu Feymer Technology Co., Ltd., Feixiang Group of Companies, and others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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