GITNUX MARKETDATA REPORT 2024

Polyacrylamide Industry Statistics

The polyacrylamide industry is projected to experience steady growth over the coming years due to increasing demand from sectors such as water treatment and petroleum.

In this post, we explore key statistics and trends shaping the polyacrylamide industry. From market sizes and regional dominance to growth projections and key players, these insights provide a comprehensive overview of the global landscape.

Statistic 1

"The worldwide Polyacrylamide market size was valued at USD 3.4 billion in 2017."

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Statistic 2

"The global Polyacrylamide market is expected to reach USD 5.68 billion by 2025, according to a new report by Grand View Research, Inc."

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Statistic 3

"The cationic polyacrylamide accounted for 25.03% of the global Polyacrylamide market share in 2020."

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Statistic 4

"The Asia Pacific dominated the polyacrylamide market in 2019 with a share of 38.4%."

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Statistic 5

"The oil drilling segment is expected to exhibit the highest CAGR of 7.7% from 2020 to 2027."

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Statistic 6

"The USA accounted for 27.3% of the total polyacrylamide production in North America in 2020."

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Statistic 7

"The Polyacrylamide market is expected to grow by 1.6 billion USD during 2020-2024."

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Statistic 8

"The overall Polyacrylamide (PAM) demand in China, in physical terms, peaked in 2019."

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Statistic 9

"In 2019, the average polyacrylamide import price amounted to $2.5K per tonne, jumping by 12% against the previous year."

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Statistic 10

"Key companies in the polyacrylamide industry include BASF SE, Kemira, SNF Group, PetroChina Company Limited, and Anhui Jucheng Fine Chemicals Co. Ltd."

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Statistic 11

"In 2019, China held 36.5% of the polyacrylamide market in the Asia-Pacific region."

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Statistic 12

"Polyacrylamide is projected to have a 5% CAGR in terms of revenue, the global market size will reach US$ 6790 million by 2024."

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Statistic 13

"The water treatment sector is expected to grow by highest CAGR during the forecast period in the polyacrylamide market."

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Statistic 14

"In 2020, the anionic polyacrylamide segment accounted for over 41.5% of the overall Polyacrylamide market share."

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Statistic 15

"Global polyacrylamide market revenue by application, the water treatment sector led the market share with 41.3% in 2019."

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Statistic 16

"Europe represented the second-largest market share of 31.1% in 2019 in the polyacrylamide industry."

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Statistic 17

"Anionic polyacrylamide is the largest type segment of the polyacrylamide market with a share of 40% in the year 2020."

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Statistic 18

"The global polyacrylamide market was valued at US$ 4,976.2 Mn in 2018 and is anticipated to expand at a CAGR of 7.0% from 2019 to 2027."

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Statistic 19

"By 2027, the water treatment segment is projected to reach USD 2.05 billion in the global polyacrylamide market."

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The statistics provided indicate a steady growth and significant potential in the global polyacrylamide market across various regions and sectors. With a projected increase in market size from USD 3.4 billion in 2017 to USD 5.68 billion by 2025, key players like BASF SE and Kemira are well-positioned to capitalize on this growth. The dominance of the Asia-Pacific region, particularly China, and the strong performance of segments such as oil drilling and water treatment further highlight the promising outlook for the polyacrylamide industry. Anticipated trends like the rise in demand for anionic polyacrylamide and the expansion of the water treatment sector suggest continued opportunities for market expansion and revenue growth in the coming years.

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