Polyacrylamide Market By Physical Form (Powder, Liquid, and Emulsion/Dispersions), By Ionic Nature (Non-ionic, Anionic, Cationic, and Amphoteric), By Polymer Structure (Straight Chain and Cross-Linked), By Application (Enhanced Oil Recovery, Flocculants for Water Treatment, Soil Conditioner, Binders and Stabilizers in Cosmetics, and Other Applications), By End- User Industry (Water Treatment, Oil and Gas, Pulp and Paper, Mining, and Other End-user Industries) and By Region - Trends, Analysis and Forecast till 2030

Report Code: PMI412720 | Publish Date: May 2024 | No. of Pages: 165

Global Polyacrylamide Market By Market Trends

The primary driver of the global market's expansion is the increased use of enhanced oil recovery in the oil and gas sector. The target market is growing due to the increasing demand for anionic polyacrylamide, which is driven by its benefits like high molecular weight, moderate hydrolysis, high viscosity, fine solubility, and high quality and efficiency. Furthermore, a driving force behind the target market's expansion is the expanding coal mining and processing industries. Moreover, the treatment of industrial wastewater and drinking water are two more uses for polyacrylamide that are driving the global market's expansion. However, the primary factor impeding the target's growth is polyacrylamide's carcinogenic nature due to acrylamide monomer.