Polyacrylamide finds widespread applications in water treatment processes owing to its super absorbent properties. It is used as a flocculant to clear turbid waters by clumping suspended particles together so that they become heavy enough to settle to the bottom. Polyacrylamide also helps remove heavy metals and toxins from industrial wastewater.

The global Polyacrylamide Market is estimated to be valued at US$ 5.87 Bn in 2023 and is expected to exhibit a CAGR of 61.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends driving the growth of the polyacrylamide market is its increasing use in various water treatment applications. Stringent regulations regarding discharge of untreated industrial effluents into water bodies have compelled various industries to invest in advanced wastewater treatment facilities. Polyacrylamide plays a critical role in removing even dissolved contaminants such as heavy metals. It helps settle out suspended solids in water and binds with metal ions to make them removable. The super absorption ability of polyacrylamide has made it the chemical of choice for clarity enhancement in municipal and industrial wastewater. The market is expected to witness further gains with growing importance of water conservation and treatment across the globe.

Segment Analysis
The global polyacrylamide market is dominated by the flocculant segment. Flocculants represented over 60% share of the overall market in 2021 owing to its extensive usage in water treatment procedures. Flocculants are added to wastewater to remove suspended solids and facilitate easier filtration. Their demand is driven by stringent regulations regarding freshwater usage and effluent discharge across various industries.

Key Takeaways
Global Polyacrylamide Market Demand is expected to witness high growth over the forecast period of 2023 to 2030. Regional analysis related content comprises The Asia Pacific region dominates the global market and is expected to maintain its leading position during the forecast period. Rapid industrialization and urbanization, coupled with rising focus on wastewater treatment in major economies like China and India, have propelled the demand for polyacrylamides in the region.

Key players related content comprises Key players operating in the polyacrylamide market are Cargill Inc., Nu-Tek Food Sciences LLC, Koninklijke DSM N.V., Montana Indusrie Holding A.G., Angel Yeast Co. Ltd., Tate & Lyle Plc, and Innophos Holding Inc. Cargill Inc. is one of the largest manufacturer and supplier of polyacrylamides globally. It offers a wide range of flocculants, coagulants, and dewatering aids under the Optiflocc brand.

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