Polyacrylamide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Polyacrylamide Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Report Digest
Global Polyacrylamide Market: An Overview
The global polyacrylamide market is likely to expand at a healthy CAGR during 2018-2026, due to growing demand in high margin facial surgery application. Polyacrylamide is formed with acrylamide subunits. It is abbreviated as PAM and a type of polymer. Polyacrylamide is gaining increased attention in various industries, thanks to its water-absorbent qualities. It can form a gel after being hydrated and is used in gen electrophoresis. Polyacrylamide particles are referred to as ghost crystals. After being linked, these particles are used in manufacturing soft and transparent contact lenses. Additionally, polyacrylamide is also used as a suspending agent and a thickener in food products.
Polyacrylamide is also widely used to flocculate solids in liquid form. This application in highly used in water treatment process. Additionally, it is also necessary for screen printing and paper making. Polyacrylamide is also easy to supply for various industries. The polymer is easy to convert into a powdered and liquid form. Moreover, polyacrylamide is increasingly used in enhanced oil recovery. Polyacrylamide and its derivatives provide high viscosity and aqueous solutions to recover oil in a cost-efficient manner. Growing demand for applications such as enhanced oil recovery and facial surgeries, the polyacrylamide market is expected to witness robust growth.
Global Polyacrylamide Market: Notable Developments
- A research group from Nebraska has discovered a polyacrylamide based catalyst method to double the output of carbon dioxide in ethylene formation. Ethylene is widely used in the manufacturing of polyethylene, the most prevalent plastic product in industries. The research shows promise in reducing the carbon footprint of industries and reduce emissions as well. Earlier, Copper was considered a vital component of converting CO2, however copper only converted 15% carbon dioxide, which was insufficient for various industries. The research has been published in the American Chemical Society journal, and is titled ‘ACS Catalysis’.
- Scientists from China have found a way to integrate carbon nanotube fibers into a yarn. The technology integration enabled them to create a waterproof zinc-ion battery. The battery can be stretched and knitted. The new battery may perfectly cater to the demand of batteries for wearable technology in the polyacrylamide market. The batteries coated with polyacrylamide provide a waterproof mechanism, which can be applied wearable cloths technology. The research has been published by the American Chemical Society.
Global Polyacrylamide Market: Key Trends
The global polyacrylamide market is witnessing an expansion, thanks to rising demand for food products, increased mining and oil discovery projects. Currently, the world oil supply is dependent on unstable regions. Hence, countries with large oil discovering potential such as the US are undertaking major initiatives to discover new fields. Growing economic collaborations between various governments is also leading to more oil discovery projects. Additionally, widespread availability of polyacrylamides, low costs, and growing manufacturing in Asia Pacific region are expected to drive significant growth in the near future. The global polyacrylamide market is also witnessing growing expansion due to growing demand for artificial facial surgeries. The aesthetic nature of these surgeries, high emphasis on social approval in emerging Asian markets, and high revenue margins are expected to drive the polyacrylamide market.
Global Polyacrylamide Market: Competitive Dynamics
The global polyacrylamide market is a highly competitive and fragmented landscape. The market is home to increasing number of large players, who are changing the competitive dynamics every day. Some key players in the polyacrylamide market are CNPC, SNF Group, Kemira, and BASF.
The study presents a granular assessment and quantitative evaluation of:
- Key growth factors and prominent trends
- Size and share of key segments in overall market
- Key challenges and winning imperatives
- Factors shaping competitive landscape
- Insights into how contours of market will change in coming years
- Technological advances
- New avenues and imminent investment pockets
- Regulatory landscape shaping current and future strategies of companies
The region-wise assessment includes market dynamics in:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
- Which key factors will shape the competitive landscape?
- Which trends will stimulate research and development activities in different geographies?
- Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
- Which disruptions in market growth are likely to come with the new business models?
- Which are some of the recent overhauls in policies that may change the course of the market significantly?
- Which are the geographies that will form sizable sources of new streams to new and established players alike?
- How are top players likely to realign their strategy to counter the forces of competition?
- Which key strategies emerging players are likely to focus on to consolidate their position?
- Which changes in end-user preferences might affect the status quo held by the leading players?
- Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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