Global Polyacrylamide Market Size, Share, Trends, Industry Growth by Type (Anionic, Cationic, Non-ionic), by Form (Powder, Emulsion, Gel, Others), by Application (Waste Water Treatment, Oil & Gas Extraction, Mining, Agriculture, Paper & Pulp, Others), by Region and Forecast to 2030

Report ID: RC462 | Report Format: PDF + Excel | Starting Price: 2520/- USD |

Key Findings:

  • The market size was valued at around US$ 6 Bn in 2023 and registering a significant CAGR of over 6% by 2030
  • By Type, the anionic segment dominated the global market in the benchmark year 2023
  • By application, the waste water treatment segment is estimated to hold the largest revenue share of over 1/3 market share by 2030
  • By region, the Asia Pacific dominated the market in the benchmark year 2023

The global polyacrylamide market size was valued at around USD 6 billion in 2023 and anticipated to grow at a significant CAGR of over 6% during the forecast period from 2024 to 2030. In term of volume, the market was valued at around 2.4 million tonnes in 2023. The increasing demand for polyacrylamide in water treatment applications, especially in the treatment of drinking and wastewater, industrial wastewater, and municipal wastewater, is a significant driver for market growth. The escalating need for efficient water treatment solutions to address water scarcity and pollution issues globally is boosting the demand for polyacrylamide-based flocculants and coagulants. Additionally, the expanding oil & gas industry, particularly the growing adoption of enhanced oil recovery techniques and drilling and fracturing fluids, is driving the demand for polyacrylamide. Moreover, the rising demand for polyacrylamide in the pulp & paper industry for retention and drainage aids and in the mining sector for mineral processing and tailings and concentrate thickening is contributing to market growth. Furthermore, the increasing agricultural activities and the use of polyacrylamide in soil conditioning and irrigation water quality improvement are fueling the demand for polyacrylamide.

Market Snapshot:

Benchmark Year 2023
Market Size ~ USD 6 billion in 2023
Market Growth (CAGR) > 6% (2024 – 2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players Anhui Jucheng Fine Chemical Co, Ltd. (CJCC), Ashland Inc., BASF SE, Kemira, and SNF Group

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Market Trends:

Growing Demand for Water Treatment Applications: One of the primary trends propelling the Polyacrylamide market is the escalating demand for water treatment solutions worldwide. With increasing concerns over water pollution and scarcity, there is a heightened emphasis on efficient and effective water treatment processes. Polyacrylamide-based flocculants and coagulants have emerged as vital components in the treatment of drinking water, industrial wastewater, and municipal wastewater. The ability of polyacrylamide to effectively remove impurities and contaminants from water, thereby improving water quality and safety, is driving its adoption in various water treatment applications. This trend is expected to continue as the global focus on water conservation and environmental sustainability intensifies.

Rising Adoption in the Oil & Gas Industry: The oil & gas industry is another significant sector fueling the demand for polyacrylamide. With the continuous expansion of the oil & gas sector and the growing exploration and production activities worldwide, there is an increasing need for advanced drilling and production techniques. Polyacrylamide finds extensive usage in the oil & gas industry, particularly in enhanced oil recovery processes and as key components in drilling and fracturing fluids. The unique properties of polyacrylamide, including its ability to reduce friction, improve viscosity, and enhance oil recovery rates, make it a preferred choice in the oil & gas sector. As the global demand for energy continues to rise, the adoption of polyacrylamide in the oil & gas industry is expected to witness significant growth, driving the overall market expansion.

Increasing Applications in Pulp & Paper and Mining Industries: The pulp & paper and mining industries are also key sectors driving the demand for polyacrylamide. In the pulp & paper industry, polyacrylamide is widely used as retention and drainage aids to improve the efficiency of the papermaking process and enhance the quality of the paper produced. In the mining sector, polyacrylamide is utilized in various applications, including mineral processing, tailings management, and concentrate thickening, to facilitate the separation and recovery of valuable minerals and reduce environmental impacts. The versatility and effectiveness of polyacrylamide in these industries make it an indispensable material, and as these sectors continue to expand and modernize, the demand for polyacrylamide is expected to grow correspondingly.

Growing Agricultural Applications: The agricultural sector is emerging as a significant consumer of polyacrylamide, driven by the increasing need for sustainable and efficient agricultural practices. Polyacrylamide is used in agriculture for soil conditioning and as an additive to improve irrigation water quality. It helps in enhancing soil structure, reducing soil erosion, improving water infiltration, and increasing crop yields. With the global population growing and the increasing demand for food production, there is a rising emphasis on improving agricultural productivity and sustainability. Polyacrylamide’s role in promoting sustainable agriculture practices and improving crop yields is driving its adoption in the agricultural sector and is expected to fuel market growth in the coming years.

Market Opportunities:

The global polyacrylamide market presents several promising opportunities for growth and expansion. With the increasing global focus on water conservation and the need for efficient water treatment solutions, there is a significant opportunity for polyacrylamide-based flocculants and coagulants in the water treatment sector, particularly in the treatment of drinking water, industrial wastewater, and municipal wastewater. The expanding oil & gas industry, coupled with the growing adoption of enhanced oil recovery techniques and the use of polyacrylamide in drilling and fracturing fluids, offers substantial opportunities for market growth. Additionally, the rising demand for polyacrylamide in the pulp & paper industry for retention and drainage aids and in the mining sector for mineral processing, tailings, and concentrate thickening presents lucrative opportunities for market expansion. Furthermore, the increasing agricultural activities and the use of polyacrylamide in soil conditioning and irrigation water quality improvement offer potential growth avenues in the agriculture sector.

Market Challenges:

The global polyacrylamide market faces several challenges that could potentially hinder its growth and development. One of the primary challenges is the availability and fluctuating prices of raw materials used in the production of polyacrylamide, which can impact the overall production cost and profit margins for manufacturers. Additionally, the environmental concerns associated with the use and disposal of polyacrylamide, as well as regulatory restrictions and stringent environmental regulations imposed by various governments and environmental agencies, pose challenges for market growth. The competition from alternative products and technologies, as well as the increasing demand for sustainable and eco-friendly alternatives, further intensify the competitive landscape and market competition.

Market Insights:

The global polyacrylamide market is bifurcated into type, form, application, and geography. On the basis of type, the market is further segmented into anionic, cationic, and non-ionic. The anionic segment dominated the market in 2023 and estimated to hold the largest revenue share of over 3/4 market share by the end of the analysis period. Anionic polyacrylamide is a water-soluble polymer with a high molecular weight, primarily carrying negative charges, and is widely recognized for its excellent flocculation and sedimentation properties. It is extensively used in water treatment processes, especially in the treatment of industrial wastewater, municipal wastewater, and drinking water, due to its effectiveness in removing suspended particles, organic compounds, and other contaminants from water. Additionally, it finds applications in the papermaking industry as a retention and drainage aid and in the mining industry for mineral processing and tailings management. The increasing global focus on water conservation, stringent regulations on wastewater discharge and water quality imposed by environmental agencies, and the growing industrialization, urbanization, and population growth are driving the demand for anionic polyacrylamide, making it the dominant segment in the Polyacrylamide market.

On the basis of application, the global polyacrylamide market is further segmented into waste water treatment, oil & gas extraction, mining, agriculture, paper & pulp, and others. The waste water treatment segment dominated the market in the benchmark year and expected to hold the largest revenue share of over 1/3 market share by the end of the analysis period. Polyacrylamide is extensively used in wastewater treatment processes due to its excellent flocculation and sedimentation properties, assisting in the removal of suspended particles, organic compounds, and other contaminants from water to ensure cleaner and safer water discharge. The waste water treatment application holds the largest share in the polyacrylamide market, driven by the increasing global focus on water conservation, the implementation of stringent environmental regulations on wastewater discharge, and the growing demand for effective water treatment solutions to address water pollution and scarcity issues worldwide. With the rising industrialization, urbanization, and population growth, the demand for wastewater treatment solutions is expected to increase, further fueling the demand for polyacrylamide in the water treatment sector, making it the most dominant and significant application segment in the polyacrylamide market.

The polyacrylamide market research report presents the analysis of each segment from 2020 to 2030 considering 2023 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2024 to 2030.

Historical & Forecast Period

  • 2020-22 – Historical Year
  • 2023 – Base Year
  • 2024-2030 – Forecast Period

Market Segmentation (Size by Revenue, by Volume):

By Type:

  • Anionic
  • Cationic
  • Non-ionic

By Form:

  • Powder
  • Emulsion
  • Gel
  • Others

By Application:

  • Waste Water Treatment
  • Oil & Gas Extraction
  • Mining
  • Agriculture
  • Paper & Pulp
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific has emerged as the dominant region in the global polyacrylamide market, overtaking traditional market leaders due to its rapid industrialization, urbanization, and population growth. Countries like China, India, and Southeast Asian nations are experiencing significant growth in the demand for water treatment solutions, oil & gas extraction, mining activities, and agricultural practices, which significantly drive the demand for polyacrylamide in the region. The increasing industrial activities and urban development in Asia Pacific contribute to the rising demand for wastewater treatment solutions, particularly in addressing water pollution and scarcity issues, fueling the demand for polyacrylamide in the water treatment sector. Additionally, the expanding oil & gas industry, mining activities, and agricultural practices in the region further propel the demand for polyacrylamide in various applications, making Asia Pacific the largest and most dominant region in the polyacrylamide market.

Furthermore, the growing environmental concerns, stringent regulations on wastewater treatment and discharge, and the increasing emphasis on environmental sustainability in Asia Pacific countries drive the adoption of polyacrylamide in the region. The implementation of regulations and initiatives to improve water quality, conserve water resources, and promote sustainable practices in water and wastewater management by governments and environmental agencies in Asia Pacific nations boost the demand for polyacrylamide in the water treatment sector. Moreover, the continuous exploration and production activities in the oil & gas sector, the expansion of the mining industry to meet the increasing demand for minerals and metals, and the adoption of modern agricultural practices to enhance agricultural productivity and food security further contribute to the increasing demand for polyacrylamide in the region, solidifying Asia Pacific’s dominant position in the polyacrylamide market.

Competitive Landscape:

Some of the prominent market players operating in the global polyacrylamide market are Anhui Jucheng Fine Chemical Co, Ltd. (CJCC), Ashland Inc., BASF SE, Kemira, and SNF Group. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Anhui Jucheng Fine Chemical Co, Ltd. (CJCC)
  • Ashland Inc.
  • BASF SE
  • Kemira
  • SNF Group
  • Black Rose Industries Ltd.
  • Shandong Polymer Bio-Chemicals Co., Ltd.
  • Xitao Polymer Co., Ltd.
  • ZL EOR Chemicals Ltd.
  • Dongying Kechuang Biochemical Industrial Co., Ltd.

Key Questions Answered by Polyacrylamide Market Report

  • Global polyacrylamide market forecasts from 2024-2030
  • Regional market forecasts from 2024-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2024-2030 covering 15 major countries from the regions as mentioned above
  • Polyacrylamide submarket forecasts from 2024-2030 covering the market by type, from, application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level polyacrylamide markets from 2024-2030
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Contents:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Polyacrylamide Market Portraiture
2.2. Global Polyacrylamide Market, by Type, 2023 (USD Mn)
2.3. Global Polyacrylamide Market, by Form, 2023 (USD Mn)
2.4. Global Polyacrylamide Market, by Application, 2023 (USD Mn)
2.5. Global Polyacrylamide Market, by Geography, 2023 (USD Mn)

 

3. Global Polyacrylamide Market Analysis


3.1. Polyacrylamide Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis

 

4. Global Polyacrylamide Market by Type, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. Anionic
4.3. Cationic
4.4. Non-ionic

 

5. Global Polyacrylamide Market by Form, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. Powder
5.3. Emulsion
5.4. Gel
5.5. Others

 

6. Global Polyacrylamide Market by Application, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. Waste Water Treatment
6.3. Oil & Gas Extraction
6.4. Mining
6.5. Agriculture
6.6. Paper & Pulp
6.7. Others

 

7. North America Polyacrylamide Market Analysis and Forecast, 2020 – 2030 (USD Mn)


7.1. Overview
7.2. North America Polyacrylamide Market by Type, (2020-2030 USD Mn)
7.3. North America Polyacrylamide Market by Form, (2020-2030 USD Mn)
7.4. North America Polyacrylamide Market by Application, (2020-2030 USD Mn)
7.5. North America Polyacrylamide Market by Country, (2020-2030 USD Mn)
7.5.1. U.S.
7.5.1.1. U.S. Polyacrylamide Market by Type, (2020-2030 USD Mn)
7.5.1.2. U.S. Polyacrylamide Market by Form, (2020-2030 USD Mn)
7.5.1.3. U.S. Polyacrylamide Market by Application, (2020-2030 USD Mn)
7.5.2. Canada
7.5.2.1. Canada Polyacrylamide Market by Type, (2020-2030 USD Mn)
7.5.2.2. Canada Polyacrylamide Market by Form, (2020-2030 USD Mn)
7.5.2.3. Canada Polyacrylamide Market by Application, (2020-2030 USD Mn)
7.5.3. Mexico
7.5.3.1. Mexico Polyacrylamide Market by Type, (2020-2030 USD Mn)
7.5.3.2. Mexico Polyacrylamide Market by Form, (2020-2030 USD Mn)
7.5.3.3. Mexico Polyacrylamide Market by Application, (2020-2030 USD Mn)

 

8. Europe Polyacrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


8.1. Overview
8.2. Europe Polyacrylamide Market by Type, (2020-2030 USD Mn)
8.3. Europe Polyacrylamide Market by Form, (2020-2030 USD Mn)
8.4. Europe Polyacrylamide Market by Application, (2020-2030 USD Mn)
8.5. Europe Polyacrylamide Market by Country, (2020-2030 USD Mn)
8.5.1. Germany
8.5.1.1. Germany Polyacrylamide Market by Type, (2020-2030 USD Mn)
8.5.1.2. Germany Polyacrylamide Market by Form, (2020-2030 USD Mn)
8.5.1.3. Germany Polyacrylamide Market by Application, (2020-2030 USD Mn)
8.5.2. U.K.
8.5.2.1. U.K. Polyacrylamide Market by Type, (2020-2030 USD Mn)
8.5.2.2. U.K. Polyacrylamide Market by Form, (2020-2030 USD Mn)
8.5.2.3. U.K. Polyacrylamide Market by Application, (2020-2030 USD Mn)
8.5.3. France
8.5.3.1. France Polyacrylamide Market by Type, (2020-2030 USD Mn)
8.5.3.2. France Polyacrylamide Market by Form, (2020-2030 USD Mn)
8.5.3.3. France Polyacrylamide Market by Application, (2020-2030 USD Mn)
8.5.4. Spain
8.5.4.1. Spain Polyacrylamide Market by Type, (2020-2030 USD Mn)
8.5.4.2. Spain Polyacrylamide Market by Form, (2020-2030 USD Mn)
8.5.4.3. Spain Polyacrylamide Market by Application, (2020-2030 USD Mn)
8.5.5. Italy
8.5.5.1. Italy Polyacrylamide Market by Type, (2020-2030 USD Mn)
8.5.5.2. Italy Polyacrylamide Market by Form, (2020-2030 USD Mn)
8.5.5.3. Italy Polyacrylamide Market by Application, (2020-2030 USD Mn)
8.5.6. Rest of Europe
8.5.6.1. Rest of Europe Polyacrylamide Market by Type, (2020-2030 USD Mn)
8.5.6.2. Rest of Europe Polyacrylamide Market by Form, (2020-2030 USD Mn)
8.5.6.3. Rest of Europe Polyacrylamide Market by Application, (2020-2030 USD Mn)

 

9. Asia Pacific Polyacrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


9.1. Overview
9.2. Asia Pacific Polyacrylamide Market by Type, (2020-2030 USD Mn)
9.3. Asia Pacific Polyacrylamide Market by Form, (2020-2030 USD Mn)
9.4. Asia Pacific Polyacrylamide Market by Application, (2020-2030 USD Mn)
9.5. Asia Pacific Polyacrylamide Market by Country, (2020-2030 USD Mn)
9.5.1. China
9.5.1.1. China Polyacrylamide Market by Type, (2020-2030 USD Mn)
9.5.1.2. China Polyacrylamide Market by Form, (2020-2030 USD Mn)
9.5.1.3. China Polyacrylamide Market by Application, (2020-2030 USD Mn)
9.5.2. Japan
9.5.2.1. Japan Polyacrylamide Market by Type, (2020-2030 USD Mn)
9.5.2.2. Japan Polyacrylamide Market by Form, (2020-2030 USD Mn)
9.5.2.3. Japan Polyacrylamide Market by Application, (2020-2030 USD Mn)
9.5.3. India
9.5.3.1. India Polyacrylamide Market by Type, (2020-2030 USD Mn)
9.5.3.2. India Polyacrylamide Market by Form, (2020-2030 USD Mn)
9.5.3.3. India Polyacrylamide Market by Application, (2020-2030 USD Mn)
9.5.4. South Korea
9.5.4.1. South Korea Polyacrylamide Market by Type, (2020-2030 USD Mn)
9.5.4.2. South Korea Polyacrylamide Market by Form, (2020-2030 USD Mn)
9.5.4.3. South Korea Polyacrylamide Market by Application, (2020-2030 USD Mn)
9.5.5. Rest of Asia Pacific
9.5.5.1. Rest of Asia Pacific Polyacrylamide Market by Type, (2020-2030 USD Mn)
9.5.5.2. Rest of Asia Pacific Polyacrylamide Market by Form, (2020-2030 USD Mn)
9.5.5.3. Rest of Asia Pacific Polyacrylamide Market by Application, (2020-2030 USD Mn)

 

10. Latin America (LATAM) Polyacrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


10.1. Overview
10.2. Latin America Polyacrylamide Market by Type, (2020-2030 USD Mn)
10.3. Latin America Polyacrylamide Market by Form, (2020-2030 USD Mn)
10.4. Latin America Polyacrylamide Market by Application, (2020-2030 USD Mn)
10.5. Latin America Polyacrylamide Market by Country, (2020-2030 USD Mn)
10.5.1. Brazil
10.5.1.1. Brazil Polyacrylamide Market by Type, (2020-2030 USD Mn)
10.5.1.2. Brazil Polyacrylamide Market by Form, (2020-2030 USD Mn)
10.5.1.3. Brazil Polyacrylamide Market by Application, (2020-2030 USD Mn)
10.5.2. Argentina
10.5.2.1. Argentina Polyacrylamide Market by Type, (2020-2030 USD Mn)
10.5.2.2. Argentina Polyacrylamide Market by Form, (2020-2030 USD Mn)
10.5.2.3. Argentina Polyacrylamide Market by Application, (2020-2030 USD Mn)
10.5.3. Rest of Latin America
10.5.3.1. Rest of Latin America Polyacrylamide Market by Type, (2020-2030 USD Mn)
10.5.3.2. Rest of Latin America Polyacrylamide Market by Form, (2020-2030 USD Mn)
10.5.3.3. Rest of Latin America Polyacrylamide Market by Application, (2020-2030 USD Mn)

 

11. Middle East and Africa Polyacrylamide Market Analysis and Forecast, 2020 - 2030 (USD Mn)


11.1. Overview
11.2. MEA Polyacrylamide Market by Type, (2020-2030 USD Mn)
11.3. MEA Polyacrylamide Market by Form, (2020-2030 USD Mn)
11.4. MEA Polyacrylamide Market by Application, (2020-2030 USD Mn)
11.5. Middle East and Africa Polyacrylamide Market, by Country, (2020-2030 USD Mn)
11.5.1. GCC
11.5.1.1. GCC Polyacrylamide Market by Type, (2020-2030 USD Mn)
11.5.1.2. GCC Polyacrylamide Market by Form, (2020-2030 USD Mn)
11.5.1.3. GCC Polyacrylamide Market by Application, (2020-2030 USD Mn)
11.5.2. South Africa
11.5.2.1. South Africa Polyacrylamide Market by Type, (2020-2030 USD Mn)
11.5.2.2. South Africa Polyacrylamide Market by Form, (2020-2030 USD Mn)
11.5.2.3. South Africa Polyacrylamide Market by Application, (2020-2030 USD Mn)
11.5.3. Rest of MEA
11.5.3.1. Rest of MEA Polyacrylamide Market by Type, (2020-2030 USD Mn)
11.5.3.2. Rest of MEA Polyacrylamide Market by Form, (2020-2030 USD Mn)
11.5.3.3. Rest of MEA Polyacrylamide Market by Application, (2020-2030 USD Mn)

 

12. Competitive Landscape


12.1. Company Market Share Analysis, 2023
12.2. Competitive Dashboard
12.3. Competitive Benchmarking
12.4. Geographic Presence Heatmap Analysis
12.5. Company Evolution Matrix
12.5.1. Star
12.5.2. Pervasive
12.5.3. Emerging Leader
12.5.4. Participant
12.6. Strategic Analysis Heatmap Analysis
12.7. Key Developments and Growth Strategies
12.7.1. Mergers and Acquisitions
12.7.2. New Product Launch
12.7.3. Joint Ventures
12.7.4. Others

 

13. Company Profiles


13.1. Anhui Jucheng Fine Chemical Co, Ltd. (CJCC)
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. Ashland Inc.
13.3. BASF SE
13.4. Kemira
13.5. SNF Group
13.6. Black Rose Industries Ltd.
13.7. Shandong Polymer Bio-Chemicals Co., Ltd.
13.8. Xitao Polymer Co., Ltd.
13.9. ZL EOR Chemicals Ltd.
13.10. Dongying Kechuang Biochemical Industrial Co., Ltd.
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