H1 2023: During H1 2023, SNF Floerger Group and BASF were the major producers of Polyacrylamide (PAM). Geographically, Asia Pacific region was the largest consumer of PAM among other regions. However, the PAM market witnessed a mixed market scenario throughout H1 2023. In the first three months, the PAM prices hiked in the Asian nations due to surge in the demand for PAM from the downstream industries. There was high-cost pressure due to rise in the raw material acrylamide costs resulting in a surge in polyacrylamide (PAM) prices in the Chinese market. China, the largest exporter of PAM, faced limited inventories, thus fewer exports. The demand of PAM from the downstream industries like water treatment, paper industry remained healthy. Although PAM prices fell in the Asia Pacific region in April 2023. However, Europe witnessed a bullish PAM market sentiment in H1 2023. It was due to hike in the demand from downstream industries along with high import prices to the European coast. The labor shortages at the ports also affected the logistics in Germany. Additionally, there was a heavy demand of PAM by the end-user industries like paper and wastewater treatment in the European nations.
The global Polyacrylamide (PAM) market has shown a remarkable expansion in the historic years and expanded to reach approximately 1830 thousand tonnes in 2023 and is expected to grow at a healthy CAGR of 5.14% during the forecast period until 2034.
Polyacrylamide (PAM) is a polymer with a linear-chain structure. This polymer is synthesized by a chemical reaction between acrylamide and acrylic acid. It is water-soluble in nature which drives its applications in multiple industries. PAM comes in powder, liquid, and emulsion form and is a valuable agent in various applications. Solid particles present in a liquid can be coagulated or flocculated with the help of polyacrylamide due to which it finds its application in water treatment. Polyacrylamide is frequently used in petroleum applications worldwide to promote oil recovery due to its property to turn water more viscous. Polyacrylamides also have applications in the agriculture sector. Polyacrylamides tend to bind soil particles, particularly clays, to keep them in place, which helps with erosion control and reduces soil sealing. Polyacrylamide is frequently employed in the processing of minerals in mining operations to extract minerals.
Owing to the reducing freshwater reservoirs, new techniques are being developed to treat wastewater all across the world. The market for polyacrylamide is anticipated to be driven in the near future by rising awareness regarding wastewater treatment and the ensuing expansion of the coagulants & flocculants market. Polyacrylamides possess ionic characteristics due to which it works as an excellent coagulating and flocculating agent. Additionally, methods for maximizing oil recovery are being used to increase oil reserves, decreasing the need to locate new oil fields. Since, polyacrylamides function as an oil-field yield enhancers, it is anticipated that in the forthcoming years this will further fuel the demand of polyacrylamide. The global Polyacrylamide (PAM) demand is anticipated to reach nearly 3162 thousand tonnes by 2034.
Asia Pacific region dominates the Polyacrylamide (PAM) market in terms of consumption. As of 2023, this region consumed approximately 52% of the global PAM market. Over the next few years, it is anticipated that growing polluted water discharge from industries and a shortage of drinkable water would boost demand for polyacrylamide in water treatment applications in the Asia Pacific region. Furthermore, China is the leading producer of PAM followed by USA.
Based on the end-use, the global Polyacrylamide (PAM) market is segregated into Water Treatment, Enhance Oil Recovery, Pulp & Paper, Mineral Processing, and Others. Although, Water Treatment is the leading segment of Polyacrylamide market. This segment a market share of approximately 48% in 2023. Other leading consumers of PAM are Enhance Oil Recovery and Pulp & Paper industries.
Major players in the production of Global Polyacrylamide (PAM) are SNF Floerger Group, BASF, Anhui Jucheng Fine Chemicals Co., Ltd., Xitao Polymer Co., Ltd, Kemira Oyj, Black Rose Industries Limited, Wuxi Tianxin Chemicals Co., Ltd., Tianrun Chemicals, China National Petroleum Corporation, and others.
Years considered for this report:
Historical Period: 2015- 2022
Base Year: 2023
Estimated Year: 2024
Forecast Period: 2025-2034
This report will be delivered on an online digital platform with one-year subscription and quarterly update.
Objective of the Study:
• To assess the demand-supply scenario of Polyacrylamide (PAM) which covers production, demand and supply of Polyacrylamide (PAM) market in the globe.
• To analyse and forecast the market size of Polyacrylamide (PAM)
• To classify and forecast Global Polyacrylamide (PAM) market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Polyacrylamide (PAM) market in the globe.
To extract data for Global Polyacrylamide (PAM) market, primary research surveys were conducted with Polyacrylamide (PAM) manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Polyacrylamide (PAM) market over the coming years.
ChemAnalyst calculated Polyacrylamide (PAM) demand in the globe by analyzing the historical data and demand forecast which was carried out considering the historical supply and demand of Polyacrylamide (PAM) across the globe. ChemAnalyst sourced these values from industry experts, and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst.
Key Target Audience:
• Polyacrylamide (PAM) manufacturers and other stakeholders
• Organizations, forums and alliances related to Polyacrylamide (PAM) distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies
The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Polyacrylamide (PAM) manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, Global Polyacrylamide (PAM) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
|
Attribute
|
Details
|
|
Market size Volume in 2023 |
1830 thousand tonnes |
|
Market size Volume by 2034 |
3162 thousand tonnes |
|
Growth Rate |
CAGR of 5.14% from 2024 to 2034 |
|
Base year for estimation |
2024 |
|
Historic Data |
2015 – 2023 |
|
Forecast period |
2025– 2034 |
|
Quantitative units |
Demand in thousand tonnes and CAGR from 2024 to 2034 |
|
Report coverage |
Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share |
|
Segments covered |
By End-Use: (Water Treatment, Enhance Oil Recovery, Pulp & Paper, Mineral Processing, and Others)
By Sales Channel: (Direct Sale and Indirect Sale) |
|
Regional scope |
North America, Europe, Asia Pacific, Middle East and Africa, and South America. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com
I am satisfied with overall performance of ChemAnalyst. Weekly updates before the final report were especially helpful and reassuring. Additional requests on the interim and/or final reports were handled in a swift and professional manner
Mr.Shin Dosho
Member - Board of Directors
Osaka Gas Co. Ltd
Disruption Tracker reflect the major shutdown on monthly basis which will help you in tracking the inventory management and smooth functioning of business. Unforeseen shutdowns and disruptions resulting in a loss of production capacity to impact the bottom line. The capacity tracker provides industries with a global view of production and consumption capacity loss that reflects the corresponding conversion factors. It also highlights the immediate impact on supply due to planned and unplanned outages as well as upcoming start-up of new capacities. Additionally, it emphasizes how each shutdown—whether due to a maintenance turnaround or a case of force majeure, affects the plant's operating rate for the given duration. Disruption tracker gives a clear insight into the worldwide outages affecting the commodity of interest. With every shutdown, it also reflects the impact on supply of the product in the market at a Global level.
Q1.
What is the expected global market size of Polyacrylamide (PAM) in terms of volume for 2034?
Ans:
The global market size of Polyacrylamide (PAM) is expected to rise in the upcoming years and reach approximately 3162 thousand tonnes by 2034.
Q2.
Which end-use industry is dominating the Global Polyacrylamide (PAM) market?
Ans:
The Water Treatment industry is dominating the Polyacrylamide (PAM) market with a market share of 48% in 2023.
Q3.
Do you offer single or multiuser license?
Ans:
Online Access 12 Months – Single User License (Up to 3 users can access the database) Online Access 12 Months – Enterprise License (Up to 10 Users can access the database)
Q4.
Will I get access to the analyst who authored this report?
Ans:
You will have 24/7 access to the analyst during the subscription period.
We at ChemAnalyst provide tailor-made solutions to our clients based on their requirements which help them in building and expanding their business by developing customized strategy such as sales strategy, GTM Strategy, product portfolio and new product development. Our dedicated team helps clients in getting the best solution for their requirements. We at ChemAnalyst look forward to serving our clients for long term association.
ChemAnalyst provide TEFR reports which include market sizing, plant cost (ISBL and OSBL units), financial modelling, covering all the major financial calculations and ratios including production cost, IRR, major technology, licensing fee (if required), and others fixed and variable costs. TEFR reports will help the client to build greenfield project as well as brownfield expansion for a specific geography. Our Team of experts have delivered multiple TEFR reports which help clients in moving ahead of their business competition by grabbing the opportunity and expanding their business portfolio.
Pricing benchmark report provides real-time data perpetuating current market scenarios, in a world that is changing at a rapid pace, having real-time prices is an imperative to make impactful insights and thereby informed decisions. The Price Benchmarking report provides pricing data for an individual market, or group of markets, which can be converted into localized insights and comparable listings. Benchmarking Reports help clients to make informed decisions by construing the data on several filters: region, country, category, grade and subsequently increasing their brand presence. Clients majorly require pricing benchmarks when they opt for a competitive pricing strategy.
