1. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Polyacrylamide Market growth drivers in 2017 & Challenges by 2024

2. Global Market Scenario of Polyacrylamide Industry  Global polyacrylamide market is set to rise at an unprecedented pace with the global population battling the catastrophe of water scarcity and depleting water resources. Recognized as an excellent flocculent, polyacrylamide is highly used as a water absorbing polymer in the treatment of waste water released from household and industrial sectors. Polyacrylamide Market is further projected to gain strong footing with the formulation of stringent regulatory compliances pertaining toward waste water treatment. Such regulations coupled with the wide usage of this chemical in water treatment applications have left subsequent impact on the demand of polyacrylamide market, which was pegged at USD 5.5 billion in 2016. Below mentioned are most lucrative applications of polyacrylamide.  The polluted water resources are one of the major concerns being addressed by the government and environmental bodies. Treatment and protection of water & sewage is closely linked to preservation of the environment and has received more attention from the regulatory bodies. Polyacrylamide, thus plays a very important role in the field of water treatment. Severe regulations imposed by the governments to treat the industrial waste water before releasing, has significantly contributed toward the growth of polyacrylamide market size. Estimates claims polyacrylamide industry size from water treatment applications to grow at an annual rate of 8% over 2017-2024. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

3.  Geographically, Asia Pacific is one of the major growth avenues of polyacrylamide market, driven by vigorous initiatives in this region to conserve its natural water resources coupled with increasing waste water ratio due to rapid industrialization. As per the estimates, APAC is foreseen to exhibit a CAGR of 8% over 2017-2024, primarily driven by China, India, and Malaysia.  China’s total waste water discharge has increased from 41.5 billion tones in 2000 to 68.5 billion tones in 2012, a significant raise of 65% over the period. Growing urbanization trends in the region has led to a raise in domestic wastewater volumes. China’s urbanization rate has soared from 36% to 53% over 2000-2012 and is anticipated to be over 60% by 2020. Subject to this fact, China polyacrylamide market is likely to witness a lucrative roadmap over the coming seven years. Continue:- © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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5.  In 2016, the global polyacrylamide industry share was fairly consolidated with top industry players catering to 40% of the total market demand. PetroChina Company Ltd, Mitsubishi Rayon Co Ltd., BASF, Anhui Jucheng Fine Chemicals Co. Ltd., Xitao Polymer Co Ltd., SNF Floerger Group, and Kemira, were the prominent players accumulating subsequent industry chunk. The overall polyacrylamide industry has several contributors, but in terms of production, it is predominantly represented by major players from Asia Pacific. 360° Industry Analysis © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Request for customization: https://www.gminsights.com/roc/1891

6. Regional Analysis:  In Latin America and Middle East, the growth of polyacrylamide industry is relatively lower due to lack of product penetration and low application scope. However, in Asia Pacific, application of polyacrylamide is chiefly concentrated in water treatment & paper making sectors. While in Europe & North America there is a greater product demand from oil & gas and mining sectors. Competitive Analysis:  Considering the competitive scenario, the current trends demonstrate the engrossment of industry players in developing their product portfolios and expanding their global reach with mergers & acquisitions. Moreover, in the coming years companies are likely to focus on backward integration plans and on upgrading their current infrastructure to expand their production capacities for grabbing major industry share. For instance, a leading specialty chemical company Solenis, invested USD 5 million in its Russia manufacturing facility to upgrade its infrastructure. This has helped the unit to double its production capacity of polyacrylamide and efficiently exploit the enormous potential of this fraternity. © 2018 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/1891 https://www.gminsights.com/inquiry-before-buying/1891

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