Posted in | Plastics and Polymers

Global Polyacrylamide Market Expected to Grow at 8.4% CAGR During 2013-2019

Research and Markets has announced the addition of the "Polyacrylamide Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast 2013 - 2019" report to their offering.

Polyacrylamide is produced by the synthesis of acrylamide copolymer. Polyacrylamide is a synthetic chemical that can be modified to fit in a broad range of applications. Its ionic characteristics make it a suitable material for various applications. They are commercially available as non-ionic, cationic, anionic and others (Homopolymers, copolymers, etc.). Polyacrylamide is produced in either granular or liquid (Solution or emulsion) form. Based on physical and chemical properties, polyacrylamide can be used in different applications such as water treatment, petroleum, paper making, chemical, bio-medical, etc. The revenue generated by the global polyacrylamide market was USD 3,953.1 million in 2012 that is expected to grow to USD 6,915.2 million by 2019, growing at a CAGR of 8.4% from 2013 to 2019.

Cationic and anionic polyacrylamide accounted for the largest share of the polyacrylamide market in terms of both volume and revenue. Anionic polyacrylamide dominated the global market with slightly over 41% share of total volume consumed in 2012. Non-ionic and homopolymer and copolymer polyacrylamide are the other key product types used in the market. The Polyacrylamide industry exhibits high degree of backward integration as majority of polyacrylamide producers are also engaged in the production of its key raw material acrylamide.

The ionic characteristics of polyacrylamide make it a suitable material for use as a coagulant and flocculant. Coagulants and flocculants are the materials used to separate solids from liquids. Due to these properties polyacrylamide is extensively used in water treatment applications. Polyacrylamide is also useful as a friction reducer in petroleum applications that enhances the oil recovery in oil fields. The important application of polyacrylamide is paper making where polyacrylamide is used as a binding agent. Polyacrylamide is used as a soil conditioner in agricultural applications.

Water treatment and petroleum are the major applications of polyacrylamide. With over 39% share in total consumption in 2012, the water treatment application dominated the global polyacrylamide market. Growing environmental concerns about waste water and the harmful constituents present in it, is expected to drive the market for polyacrylamide used in municipal and industrial waste water treatment plants. Petroleum application segment is one of the fastest growing end user industries in the polyacrylamide market. Growing mining activities across the globe is anticipated to increase the demand for polyacrylamide used in mining. Similar surge in demand is expected to be witnessed from shale gas extraction facilities where polyacrylamide is used as a friction reducer for economical oil recovery.

Key Topics Covered:

1 Preface
2 Executive Summary
3 Polyacrylamide - Industry Analysis
4 Polyacrylamide - Product Segment Analysis
5 Polyacrylamide - Application Segment Analysis
6 Polyacrylamide - Regional Analysis
7 Company Profiles

Companies Mentioned:

  • Anhui Jucheng Fine Chemicals Co. Ltd
  • Ashland Inc.
  • BASF SE
  • Beijing Hengju Chemical
  • Feixiang Group of Companies
  • Kemira
  • PetroChina
  • SNF Group
  • Shadong Polymer Biochemicals Co. Ltd.
  • The Dow Chemical Company
  • Tianrun Chemicals
  • ZL Petrochemicals

For more information visit http://www.researchandmarkets.com/research/fqlzm3/polyacrylamide

Source: http://www.researchandmarkets.com/

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