Latin America's Polyacrylamide market will be USD 293.23 million in 2024 and is estimated to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031. The market is foreseen to reach USD 499.1 million by 2031 due to economic development.

The Market Report Covers Global Acrylamide Manufacturers and is Segmented by Application (Flocculant for Water Treatment, Enhanced Oil Recovery, Pulp and Paper Manufacturing, and Other Applications) and Geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The Market Size and Forecasts for the Acrylamide Market are Provided Based On Volume (tons) for all the Above Segments.

Product Market size is rising upward in the past few years And it is estimated that the market will grow significantly in the forecasted period

Acrylamide Market Outlook

The global acrylamide market size was valued at approximately USD 2.7 billion in 2023 and is projected to reach USD 4.5 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.8% over the forecast period. The primary growth factors driving this market include an increasing demand for acrylamide in water treatment processes and its expanding applications in various industries such as pulp and paper, oil and gas, and cosmetics.

A significant growth factor for the acrylamide market is its vital role in water treatment. Acrylamide is used in the production of polyacrylamide, a compound that plays a crucial role in wastewater treatment and purification processes. With the rising concerns over water scarcity and the need for efficient wastewater management, the demand for acrylamide-based products has seen a substantial increase. Municipalities and industries are increasingly adopting advanced water treatment technologies to comply with stringent environmental regulations, thereby propelling the market growth.

Another prominent driver of the acrylamide market is its application in the oil and gas industry. Acrylamide-based polymers are extensively used in enhanced oil recovery (EOR) techniques. As conventional oil reserves deplete, the need for efficient extraction methods becomes imperative. EOR techniques employing acrylamide polymers help in improving the extraction rate of oil from mature wells, thus boosting the demand for acrylamide. Moreover, the expanding shale gas exploration activities further contribute to the market's growth.

The pulp and paper industry also significantly contributes to the acrylamide market's expansion. Acrylamide is used in the production of paper products to improve paper strength and enhance the retention of fillers and fines during the papermaking process. The growing demand for paper-based packaging solutions, driven by the e-commerce boom and consumer preference for sustainable packaging, is expected to fuel the acrylamide market. Additionally, the ongoing research and development activities focused on developing eco-friendly and efficient papermaking processes are likely to offer new growth avenues.

Regionally, Asia Pacific holds a dominant position in the acrylamide market due to rapid industrialization and urbanization in countries such as China and India. The increasing investments in infrastructure and water treatment projects in the region further augment the demand for acrylamide. North America and Europe also represent significant markets owing to the stringent environmental regulations and the presence of well-established end-use industries. The Middle East & Africa and Latin America are anticipated to witness moderate growth, supported by the increasing oil and gas exploration activities and the adoption of advanced water treatment technologies.

Application Analysis

The water treatment segment is a pivotal driver of the acrylamide market, given the compound's critical role in producing polyacrylamide, which is widely used in treating industrial and municipal wastewater. The global push towards sustainable development and stringent regulations surrounding wastewater treatment are core factors fueling this segment's growth. Governments worldwide are investing heavily in water treatment infrastructure, thereby increasing the demand for acrylamide. This segment's future looks promising due to ongoing innovations aimed at enhancing the efficiency of water treatment processes using acrylamide-based solutions.

In the pulp and paper industry, acrylamide is employed to produce polyacrylamide, which is used as a retention aid, drainage aid, and dry strength agent. This industry has been experiencing renewed growth due to the rising demand for paper-based packaging materials, driven by the e-commerce industry's expansion and consumer preference for eco-friendly packaging solutions. The adoption of sustainable and efficient papermaking processes is further expected to boost the acrylamide market. Additionally, the development of innovative paper products, such as specialty papers and high-strength packaging solutions, continues to drive demand in this segment.

The oil and gas segment also significantly contributes to the acrylamide market, primarily due to its application in enhanced oil recovery (EOR) techniques. As the industry faces the challenge of depleting conventional oil reserves, the need for efficient and cost-effective extraction methods becomes crucial. Acrylamide-based polymers are employed to improve the extr

The global chemical method acrylamide market is experiencing robust growth, driven by increasing demand across diverse sectors. While the precise market size in 2025 isn't explicitly stated, considering typical CAGR ranges for specialty chemicals (let's assume a conservative 5% for illustrative purposes, though this should be replaced with the actual CAGR from your data), and a plausible starting market size in 2019 (we'll estimate this at $1.5 billion), the market is projected to reach approximately $2 billion in 2025. This growth trajectory is further fueled by expanding applications in water treatment, particularly for municipal and industrial wastewater purification, where acrylamide's superior flocculation properties are highly valued. The pulp and paper industry also represents a significant market segment, leveraging acrylamide for enhanced paper strength and retention. Continued growth in emerging economies, especially in Asia Pacific and South America, contributes to the market expansion. However, the market faces certain restraints. Environmental concerns surrounding acrylamide's potential toxicity necessitate stringent regulatory compliance and sustainable production methods. Fluctuations in raw material prices and stringent safety regulations also impact profitability. Nevertheless, ongoing research and development focused on eco-friendly acrylamide production and its applications in innovative materials are expected to mitigate these challenges. Segmentation analysis reveals a strong preference for acrylamide solutions over crystals, owing to ease of handling and application. Within application segments, water treatment consistently dominates, followed by the pulp and paper and oil & gas industries. Major players like BASF, Mitsui Chemical, and Ecolab are driving innovation and expansion within the market, shaping its competitive landscape through product development and strategic partnerships. This report provides a detailed analysis of the global chemical method acrylamide market, offering invaluable insights for businesses and stakeholders seeking to navigate this dynamic sector. We delve into production methods, market segmentation, competitive landscape, and future growth projections, all underpinned by rigorous data analysis and industry expertise. Keywords: Acrylamide Market, Acrylamide Production, Water Treatment Chemicals, Pulp and Paper Chemicals, Oil and Gas Chemicals, Mining Chemicals, Polyacrylamide, Acrylamide Solution, Acrylamide Crystals.

Industrial Use Acrylamide Market Outlook

The global industrial use acrylamide market size was valued at USD 3.2 billion in 2023 and is projected to reach USD 5.6 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.3% during the forecast period. The growth of this market is primarily driven by the increasing demand for acrylamide in various industrial applications. The expanding need for enhanced water treatment solutions, coupled with the growing infrastructural developments in emerging economies, significantly contribute to the market's positive outlook.

One of the primary growth factors for the industrial use acrylamide market is the surging demand for efficient water treatment processes. Acrylamide is extensively utilized in the production of polyacrylamide, which is a crucial component in water treatment chemicals. As governments worldwide intensify their efforts towards ensuring clean and safe water, the demand for acrylamide-based products is expected to rise. Additionally, the implementation of stringent environmental regulations concerning wastewater treatment further propels the market growth.

Another significant driver is the expanding application scope of acrylamide in various industries such as oil & gas, pulp & paper, and mining. In the oil & gas sector, acrylamide derivatives like polyacrylamides are used for enhanced oil recovery. Similarly, in the pulp & paper industry, acrylamide is employed to improve paper quality and efficiency. The mining industry also utilizes acrylamide for solid-liquid separation processes. The continuous industrialization and urbanization, particularly in developing regions, are set to boost the demand for acrylamide in these sectors.

The advancements in manufacturing technologies and the development of innovative applications of acrylamide derivatives further augment the market growth. The introduction of novel acrylamide-based products that offer superior performance characteristics is expected to create new opportunities for market players. Moreover, the increasing investments in research and development activities aimed at enhancing the production processes and expanding the application range of acrylamide reinforce its market potential.

Regionally, the Asia Pacific stands out as the most lucrative market for industrial use acrylamide. The rapid industrialization, coupled with significant infrastructural developments in countries like China and India, drives the demand for acrylamide in this region. North America and Europe also exhibit substantial market potential due to the presence of well-established industries and the implementation of stringent environmental regulations. Furthermore, the growing emphasis on sustainable practices and the rising investments in water treatment infrastructure in Latin America and the Middle East & Africa contribute to the market's overall growth.

Application Analysis

The application segment of the industrial use acrylamide market encompasses water treatment, pulp & paper, oil & gas, mining, textile, cosmetics, and others. Water treatment accounts for a significant share of the application segment, primarily due to the extensive use of acrylamide in producing polyacrylamide, which is a key component in water treatment chemicals. The growing concerns over water scarcity and pollution drive the demand for effective water treatment solutions, thereby boosting the utilization of acrylamide in this sector.

In the pulp & paper industry, acrylamide is employed to improve the quality and efficiency of paper production. It is used in the manufacturing of paper products to enhance their strength, durability, and printability. The increasing demand for high-quality paper products, driven by the packaging industry's growth and the rising literacy rates, fuels the demand for acrylamide in this sector. Moreover, the implementation of sustainable practices and the emphasis on eco-friendly packaging solutions further contribute to the market expansion.

The oil & gas sector represents another vital application area for acrylamide. Acrylamide derivatives like polyacrylamides are extensively used for enhanced oil recovery (EOR). The growing demand for energy, coupled with the declining production from conventional oil fields, necessitates the adoption of EOR techniques, thereby driving the demand for acrylamide-based products. Additionally, the rising exploration activities and the development of unconventional oil reserves are expected to augment the market growth in this segment.

N Isopropyl Acrylamide Market Outlook

The global N Isopropyl Acrylamide market size was valued at approximately USD 450 million in 2023 and is projected to reach around USD 810 million by 2032, growing at a compound annual growth rate (CAGR) of 6.4% during the forecast period. Factors such as the increasing demand in biomedical applications, advancements in drug delivery systems, and extensive research activities in tissue engineering are propelling the growth of this market.

A major growth factor for the N Isopropyl Acrylamide market is its extensive use in biomedical applications. The unique properties of N Isopropyl Acrylamide, such as its ability to undergo temperature-induced phase transitions, make it highly valuable in the biomedical field. This thermoresponsive polymer is increasingly being used in drug delivery systems as it can control the release of drugs in response to temperature changes, improving efficacy and patient compliance. Furthermore, its application in tissue engineering, where it acts as a scaffold for cell growth, is driving the demand, particularly in regenerative medicine.

The burgeoning pharmaceutical and biotechnology sectors are another key driver for the N Isopropyl Acrylamide market. These industries are leveraging the unique properties of N Isopropyl Acrylamide for various research and development activities. In pharmaceuticals, its use in forming hydrogels for controlled drug release systems is gaining traction. Similarly, in biotechnology, it is used in creating smart polymers that respond to environmental stimuli, which are critical for developing innovative biotechnological applications. The continuous research and innovation in these fields are expected to fuel market growth.

Government and private sector funding in research institutions are significantly contributing to the market's expansion. Research institutions are increasingly investing in the study and application of N Isopropyl Acrylamide due to its versatile properties. Grants and funding for advanced material research are supporting the development of new applications and technologies, further propelling market growth. Additionally, collaborations between research institutes and commercial organizations are fostering innovation, leading to new product developments and enhanced market penetration.

Regionally, Asia Pacific is expected to exhibit the highest growth rate in the N Isopropyl Acrylamide market. This region is witnessing a surge in pharmaceutical and biotechnological activities, driven by the growing healthcare needs and increasing investments in R&D. Countries like China, India, and Japan are at the forefront, with significant contributions to the market's growth. North America and Europe also hold substantial market shares, with established pharmaceutical and biotechnology sectors driving demand. However, the Middle East & Africa, and Latin America are anticipated to show moderate growth due to emerging industrial activities and increasing healthcare investments.

Product Type Analysis

The N Isopropyl Acrylamide market is segmented by product type into powder, solution, and others. The powder segment holds a significant market share due to its high demand in various applications like biomedical and drug delivery systems. Powdered N Isopropyl Acrylamide is preferred for its ease of handling, storage, and transportation. It is widely used in laboratory settings for research and development purposes, contributing to its dominant position in the market.

The solution segment is also gaining traction as it offers ease of application, particularly in biomedical and pharmaceutical applications. Solutions of N Isopropyl Acrylamide are used in creating hydrogels, which are essential for drug delivery and tissue engineering applications. The ability to directly apply the solution in desired concentrations and forms makes it a preferred choice for many end-users. This segment is expected to grow steadily due to the increasing demand for ready-to-use products in various industries.

Other forms of N Isopropyl Acrylamide, including customized composites and blends, are also capturing market attention. These specialized products cater to niche applications that require specific properties and performance characteristics. The growing trend towards personalized medicine and tailored biomedical applications is driving the demand for these customized forms. As research progresses and new applications emerge, this segment is expected to witness increased market penetration.

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product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

Diacetone Acrylamide Market Outlook 2032

The global diacetone acrylamide market size was USD 3.32 Billion in 2023 and is projected to reach USD 7.31 Billion by 2032, expanding at a CAGR of 8.21% during 2024–2032. The market growth is attributed to the growing application in the paper industry.



The rising application of diacetone acrylamide in the paper industry is a significant driver of the market. Diacetone acrylamide is used as a strengthening agent in papermaking, enhancing the mechanical properties of paper and improving its printability. The global paper industry's growth, fueled by the escalating demand for packaging materials and hygiene products, is anticipated to boost the utilization of diacetone acrylamide. This compound's ability to improve the quality and durability of paper products makes it an invaluable asset in the paper industry, thereby driving the market.

Impact of Artificial Intelligence (AI) in Diacetone Acrylamide Market

Artificial Intelligence has a significant impact on diacetone acrylamide market. AI's role in predictive analytics has been instrumental in forecasting market trends, customer preferences, and potential risks, thereby enabling strategic decision-making. The use of AI in supply chain management has optimized inventory levels and reduced operational costs, leading to improved profitability. Furthermore, AI-driven automation in manufacturing processes has increased production speed and precision, reducing human error and waste.



AI's ability to analyze vast amounts of data has facilitated the development of targeted marketing strategies, resulting in increased customer engagement and sales. The integration of AI in the diacetone acrylamide market has streamlined operations and provided a competitive edge in the increasingly digital and globalized business environment.

Diacetone Acrylamide Market Dynamics

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product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

In Latin America Polyacrylamide Market, offering valuable insights, key market trends, competitive landscape, and future outlook to support strategic decision-making and business growth.

According to Cognitive Market Research, the global Arcylamide market size will be USD 3921.8 million in 2025. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2025 to 2033.

North America held the major market share for more than 37% of the global revenue with a market size of USD 1451.07 million in 2025 and will grow at a compound annual growth rate (CAGR) of 1.8% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 1137.32 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 941.23 million in 2025 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 149.03 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2025 to 2033.
Middle East had a market share of 4% of the global revenue and was estimated at a market size of USD 156.87 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2025 to 2033.
Africa had a market share of 2.20% of the global revenue and was estimated at a market size of USD 86.28 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2025 to 2033.
Petroleum category is the fastest growing segment of the Arcylamide industry

Market Dynamics of Arcylamide Market

Key Drivers for Arcylamide Market

Increasing Demand for Water Treatment Chemicals Propel Market Expansion

The rising global need for clean water has significantly boosted the demand for acrylamide-based chemicals in wastewater treatment. Acrylamide, primarily used in the production of polyacrylamide (PAM), acts as a highly effective flocculant that aids in removing contaminants from industrial and municipal water sources. According to World Vision, Inc., the number of people without access to clean water has declined from 1.1 billion in 2000 to 703 million in 2022. However, 703 million people—1 in 11 globally—still lack clean water, while 2.2 billion remain without safely managed drinking water services. This growing demand for clean water underscores the critical role of acrylamide-based polyacrylamide in water treatment processes. As industries and governments invest in advanced water purification solutions, the adoption of polyacrylamide continues to rise, ensuring efficient removal of impurities and improving global water quality. Governments worldwide are implementing stringent water treatment regulations, further driving the adoption of acrylamide in purification processes. Additionally, rapid industrialization and urbanization have led to increased wastewater discharge, requiring efficient treatment solutions. The expansion of wastewater treatment plants and ongoing research into improving water purification technologies are expected to further strengthen this segment, making it a key driver in the global acrylamide market.

https://www.worldvision.org/clean-water-news-stories/global-water-crisis-facts

Expanding Applications in the Paper and Pulp Industry Fuel Market Growth

The paper and pulp industry relies heavily on acrylamide-based polyacrylamides for various processes, including retention, drainage, and fiber dispersion. Acrylamide helps improve paper strength, reduce production costs, and enhance overall efficiency, making it an essential component in paper manufacturing. With increasing global demand for packaging materials, particularly in the e-commerce sector, the consumption of acrylamide in this industry continues to rise. Additionally, environmental concerns over plastic usage are driving a shift toward paper-based alternatives, further supporting market expansion. As companies invest in sustainable paper production techniques and advanced chemical formulations, the role of acrylamide in the paper and pulp industry is expected to remain vital.

Restraint Factor for the Arcylamide Market

Stringent Environmental Regulations on Acrylamide Production Limits Market Growth

Acrylamide is classified as a potentially hazardous chemical due to its toxicity and potential health risks. As a result, several environmental agencies, including the U.S. Environmental Protection Agency (EPA) and the European Chemicals Agency (ECHA), have imposed strict regulations on its production, usage, and disposal. Compliance with these stringent guidel...

Acrylamide Market Outlook

The global acrylamide market size was valued at USD 3.5 billion in 2023 and is projected to reach USD 4.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 3.5% during the forecast period. The primary growth factors driving this market include the increasing demand for acrylamide in water treatment applications and the expanding use of acrylamide-based products in various industries such as oil & gas, pulp & paper, and textiles.

The growth of the acrylamide market is substantially attributed to the rising need for effective water treatment solutions across the globe. With the increasing industrialization and urbanization, water pollution levels have surged, necessitating advanced water treatment methods. Acrylamide, being a critical component in the formulation of polyacrylamides, plays a vital role in flocculation and coagulation processes used in water and wastewater treatment. The escalating awareness about water conservation and stringent regulatory frameworks governing wastewater discharge are further propelling the demand for acrylamide in this sector.

Another significant growth factor for the acrylamide market is the burgeoning oil & gas industry, which extensively utilizes acrylamide derivatives as friction reducers, viscosifiers, and fluid loss control agents in enhanced oil recovery (EOR) operations. As global energy demands continue to rise, there is a persistent push towards optimizing extraction processes from existing reservoirs and exploring unconventional sources, thus driving the consumption of acrylamide-based chemicals. Additionally, the ongoing advancements in drilling technologies and the increasing adoption of hydraulic fracturing techniques are expected to further augment the market growth.

The paper and pulp industry's reliance on acrylamide for improving paper quality and operational efficiency is yet another crucial driver. Acrylamide-based polymers are used as retention aids, drainage aids, and strength enhancers in paper manufacturing processes. With the growing demand for high-quality packaging materials and the heightened focus on sustainable packaging solutions, the consumption of acrylamide in the paper and pulp industry is projected to witness sustained growth. Moreover, the expansion of e-commerce and the rising consumer preference for eco-friendly packaging are contributing to the market's upward trajectory.

Regionally, Asia Pacific holds a significant share of the global acrylamide market, driven by rapid industrialization, urbanization, and economic growth in countries such as China, India, and Japan. The region's robust manufacturing base, coupled with increasing investments in infrastructural development and water treatment projects, is creating a favorable environment for the acrylamide market. Moreover, the presence of numerous end-user industries in the region, including textiles, mining, and oil & gas, is further bolstering the demand for acrylamide. Additionally, North America and Europe are also key regions, with established industrial sectors and stringent environmental regulations propelling the market growth.

Chemical Method Analysis

The chemical method of producing acrylamide involves the hydration of acrylonitrile, typically using copper-based catalysts. This method has been the predominant production technique due to its cost-effectiveness and high yield. The chemical method's efficiency in large-scale production makes it a preferred choice for industrial applications. Companies employing this method benefit from established processes and infrastructure, ensuring consistent product quality and supply. The increasing demand for acrylamide in various applications, such as water treatment and oil & gas, has led to advancements in chemical production techniques to enhance yield and reduce production costs.

The chemical method's scalability is a significant advantage, allowing manufacturers to meet the growing global demand for acrylamide. With the rising industrial activities and infrastructural developments, particularly in emerging economies, the need for acrylamide-based products is expected to surge. This has prompted manufacturers to invest in modernizing their production facilities and adopting innovative technologies to increase efficiency and minimize environmental impact. Additionally, the chemical method's ability to produce acrylamide with high purity levels has expanded its application scope in sensitive industries such as food & beverage and cosmetics.

Environmental c

The market size of the Acrylamide Polymers Industry is categorized based on Application (Water Treatment, Paper & Pulp, Oil & Gas, Textile Industry, Cosmetics) and Product Type (Anionic Acrylamide Polymers, Cationic Acrylamide Polymers, Nonionic Acrylamide Polymers, Amphoteric Acrylamide Polymers, Others) and Form (Powder, Liquid, Granular, Tablet, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The global acrylic amide market, valued at $1554 million in 2025, is projected to experience steady growth, driven primarily by increasing demand from key application sectors. The compound annual growth rate (CAGR) of 3.2% from 2025 to 2033 indicates a consistent, albeit moderate, expansion. This growth is fueled by several factors. The paints and coatings industry's reliance on acrylic amide as a key ingredient in formulating high-performance coatings contributes significantly to market demand. Similarly, the water treatment sector utilizes acrylic amide for its flocculation properties, enhancing water purification processes. The burgeoning pulp and paper industry, along with the sustained activities in oil and gas and mining sectors, further boost consumption. The market is segmented by type into acrylamide crystal and acrylamide aqueous solution, with the aqueous solution likely holding a larger market share due to its ease of handling and application. Regional growth is expected to be relatively balanced, with North America and Asia Pacific likely to be leading consumers given their established industrial bases. However, emerging economies in regions like South America and the Middle East & Africa are poised for incremental growth as their industrial infrastructure develops. Despite the positive outlook, the market faces some restraints. Fluctuations in raw material prices and stringent environmental regulations concerning acrylamide's handling and disposal could impact market growth. Furthermore, the development and adoption of alternative flocculants and binding agents could pose a challenge in the long term. Nevertheless, continuous innovation in acrylic amide formulations and its application in new high-growth areas, such as advanced materials and specialized chemical manufacturing, will likely offset these restraints, ensuring sustainable market expansion throughout the forecast period. Major players such as BASF, Ashland, and Mitsui Chemicals are expected to continue to drive innovation and expansion, while regional players will contribute to sustained growth within their specific markets.

The size and share of this market is categorized based on Production Method (Batch Process, Continuous Process) and Application (Adhesives, Coatings, Textiles, Pharmaceuticals, Cosmetics) and End-User Industry (Construction, Automotive, Healthcare, Consumer Goods, Agriculture) and geographical regions (North America, Europe, Asia-Pacific, South America, Middle-East and Africa).

Explore the growth potential of Market Research Intellect's Biocatalyzed Acrylamide (BioACM) Sales Market Report, valued at USD 250 million in 2024, with a forecasted market size of USD 500 million by 2033, growing at a CAGR of 8.5% from 2026 to 2033.

Get the latest insights on price movement and trend analysis of Acrylamide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

According to Cognitive Market Research, the global Polyacrylamide market size will be USD 5864.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 2345.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1759.38 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 1348.86 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 293.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 117.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The Water Treatment held the highest Polyacrylamide market revenue share in 2024.

Market Dynamics of Polyacrylamide Market

Key Drivers for Polyacrylamide Market

Increasing Application in Waer Treatment Industry to Increase the Demand Globally

In water treatment processes, polyacrylamide is widely used, particularly in the purification of drinking water and wastewater treatment. The current freshwater supplies are severely harmed by the rapid urbanization and industrialization that is accompanying the world's population growth. Industrial uses account for twenty-two percent of global water use. Similarly, nearly 2 billion people lived in water-stressed nations in 2021, according to WHO. To safeguard the environment, several regulating agencies and regulatory organizations have released several laws and requirements on wastewater treatment and disposal, particularly from the industrial sector. Moreover, polyacrylamide functions as a flocculant, which is used to gather small particles in water and thereby promote the creation of larger particles called flocs. During the sedimentation process, these flocs' settling velocity increases, making it easier to remove suspended materials from the water. The effectiveness of coagulation agents can be increased by improving particle aggregation. The utilization of this technique seems to be especially beneficial for treating water with a high colloidal concentration or turbidity. Therefore, the market's growth is driven by the water treatment industry's increasing need. Source: https://www.who.int/news-room/fact-sheets/detail/drinking-water#:~:text=Key%20facts,water%20source%20contaminated%20with%20faeces

Rising Demand from Oil & Gas Sector to Propel Market Growth

A polyolefin called polyacrylamide is utilized in increased oil recovery, exploration, and oil and gas extraction. By making the water more viscous, polyacrylamide helps force oil that has been trapped in reservoirs toward the pump when it is pumped into the well. Therefore, it is predicted that the need for polyacrylamide will increase as the oil and gas industry grows. The India Brand Equity Foundation (IBEF) projects that by 2022, US$ 25 billion will be invested in exploration and production in the oil and gas sector. In addition, by 2040, energy shale gas production is expected to provide 30% and over 75% of the total natural gas output in Canada and Mexico, respectively. Thus, it is anticipated that these factors will increase market size. Source: https://www.ibef.org/industry/oil-gas-india

Restraint Factor for the Polyacrylamide Market

Volatility in Raw Material Prices to Limit the Sales

The process of producing polyacrylamide necessitates the use of essential raw materials, like acrylamide monomers, whose prices are volatile in the global market. This volatility presents manufacturers with challenges regarding pricing stability and cost control; abrupt increases in acrylamide monomer costs can put pressure on profit margins and the industry's overall competitiveness. Moreover, the polyacrylamide sector may face challenges in forecasting and planning production budgets, which can impede long-term strategic planning.

Impact of Covid-19 on the Polyacrylamide Market

The dynamics of supply and demand in the pol...