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.