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Published Date: 2016-02-08Number of Pages: 189

Polyacrylamide Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Urgency to Treat Water Drives Polyacrylamide Demand

The growing pressure on industries and municipalities across the globe to treat wastewater has increased the usage of polyacrylamide in recent years. Known to act as an excellent coagulant and flocculent, polyacrylamide is thus used for separating suspended particles from waste or polluted water. As water resources deplete and the world population battles the crisis of water scarcity, the demand for polyacrylamide is anticipated to rise at an unprecedented pace. Furthermore, the strict regulatory framework is also compelling industries to treat water before it is let out to prevent a permanent hazard to the environment or human life.

A research report published by Transparency Market Research states that the opportunity in the global polyacrylamide market was worth US$4.09 bn in 2014 and is expected to rise to US$6.68 bn by 2023. Between the forecast period of 2015 and 2023, the global market is estimated to progress at a CAGR of 5.6%. Besides wastewater treatment, the usage of polyacrylamide in drilling activities in the oil and gas sector are likely to drive market growth. This water-soluble polymer is largely used by the oil and gas sector to reduce friction and improve oil recovery. In the coming years, the exploration and production of shale gas is anticipated to drive the global polyacrylamide market. However, the varying guidelines pertaining to the concentration levels of polyacrylamide in water are hampering the market from attaining the desired growth.


Anionic Polyacrylamide Becomes Leading Product

The most widely used product in the polyacrylamide market is anionic polyacrylamide. It held a share of 46.4% in the global market due to its popular usage as a soil conditioner. Several building and construction players and farmers are using anionic polyacrylamide to prevent soil erosion that can be achieved with enhancing the retention of suspended sediments. Furthermore, the growing usage of anionic polyacrylamide in process water recycling, sugar juice clarification, fermentation byproduct recovery, and water clarification are going to boost its sale and share in the foreseeable future.

Emerging Economies of Asia Pacific will Boost Sale of Polyacrylamide

Geographically, North America held a dominant share in the polyacrylamide market in 2014, accounting for 18.2%. Despite the lead shown by North America, the consumption of polyacrylamide in terms of volume in Europe and Asia was 55% collectively in 2014. In the coming years, Asia Pacific is expected to surpass this share due to a soaring demand for polyacrylamide in the emerging economies of China and India. The growing awareness about waste water treatment will be the driving force behind the emergence of polyacrylamide market in Asia Pacific.

Some of the important players operating in the polyacrylamide market are BASF SE, SNF, PetroChina Company Limited, and Kemira. The competitive landscape in the overall market indicates that companies are trying to expand their product portfolio with mergers and acquisitions. In order to deal with fluctuating raw material prices, several players are also investing in backward integration plans. In the coming years, companies must focus on expanding their production capacities to increase their production and garner bigger market shares.

Polyacrylamide is a water-soluble polymer formed by the polymerization of acrylamide. It is a synthetic chemical that can be modified for usage in a broad range of applications. Polyacrylamide has been segmented on the basis of product into non-ionic polyacrylamide, cationic polyacrylamide, anionic polyacrylamide, and others (including homopolymers and copolymers). On the basis of application, the global polyacrylamide market has been segmented into water treatment, oil and gas, paper and others (mining, biomedical etc.)

The report comprises in-depth analysis and forecast of the polyacrylamide market on a global, regional and country level. The report includes forecast for the period between 2015 and 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Quantitative data has been derived through extensive secondary research of the global polyacrylamide market. Secondary sources typically include company websites, relevant magazines, government documents, and press releases. The top-down approach has been adopted to derive regional numbers from global revenue and volume figures. Furthermore, the bottom-up approach has been employed to derive data for various product segments based on demand for polyacrylamide in each geographic segment. A combination of top-down and bottom-up approaches helps in validation of the quantitative data of the market. The data was further validated with the help of primary research with industry experts to ensure accuracy of derived numbers.

Detailed analysis of various factors driving the global polyacrylamide market has been included for astute decision making. Impact of these drivers during the forecast period has been included with data to substantiate research findings. Furthermore, factors restraining market growth have been included for better understanding of the market. Impact of these restraints has been analyzed over the forecast period. The report also comprises various opportunities available for market growth over the next eight years. Opportunities entail untapped or recently explored factors that are anticipated to drive the polyacrylamide market during the forecast period.

The report includes value chain analysis to help understand the industry thoroughly. Value chain analysis comprises detailed evaluation of the roles of various entities involved in the polyacrylamide industry, from raw material suppliers to end-users. Various processes employed in the manufacture of polyacrylamide have been included in the value chain analysis. Porter’s Five Forces Model has been employed to determine the degree of competition in the market during the forecast period. Company market share analysis has been included for better understanding of the competitive landscape. Company market share analysis comprises the market share of dominant players in 2014, based on their production capacities. Furthermore, market attractiveness analysis has been conducted to analyze product segments that are expected to be lucrative during the forecast period. This is based on various factors such as market size, growth rate, profitability, raw material procurement, and competition in each product segment.

The report comprises detailed analysis of all the segments of the regional and global markets and forecast based on current and future trends in the industry in terms of volume (kilo tons) and revenue (US$ Mn). In terms of region, the market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for polyacrylamide in each of its application segment has been analyzed and forecast for a period of eight years.

The report also comprises profiles of leading companies in the polyacrylamide market. These include SNF, PetroChina Company Limited, Kemira, and BASF SE. Various attributes of these companies such as company overview, business strategies, and recent developments form the core of the company profiles section.

This report segments the global polyacrylamide market as follows:

  • Polyacrylamide Market – Product Segment Analysis
    • Non-ionic Polyacrylamide
    • Cationic Polyacrylamide
    • Anionic Polyacrylamide
    • Others (Including Homopolymers, Copolymers, etc.)
  • Polyacrylamide Market – Application Analysis
    • Water Treatment
    • Oil and Gas
    • Paper
    • Others (Including Mining, Biomedical, etc.)
  • Polyacrylamide Market - Regional Analysis
    • North America
      • U.S.
      • Rest of North America
    • Europe
      • U.K.
      • Spain
      • France
      • Germany
      • Italy
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • ASEAN
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Rest of Latin America
    • Middle East & Africa (MEA)
      • GCC
      • South Africa
      • Rest of MEA

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