polyacrylamide market led by anionic oil gas 360 suppliers

polyacrylamide market led by anionic oil gas 360 suppliers
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  • What is the global polyacrylamide market size?
  • The global polyacrylamide market size is expected to reach USD 9.1 billion by 2030, registering a CAGR of 6.5%. Increasing penetration of the product in water purification activities as a flocculating agent is expected to propel the demand for polyacrylamide.
  • What is the demand for polyacrylamide?
  • This demand is mainly driven by its use in the enhanced oil recovery industry in China, Japan, and India. North America was the second-largest market of polyacrylamide in 2015, due its increasing demand in water treatment in the region.
  • What is the global polyacrylamide (PAM) market?
  • 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 35% in 2021.
  • What is the key market driver for the global polyacrylamide market?
  • The key market driver for the global polyacrylamide market is the growing use of polyacrylamide in the petroleum industry to improve the recovery of oil. Key market restraint for the global polyacrylamide market is the side effects related to the polyacrylamide.