May 27, 2019: The global polyacrylamide market size is expected to reach USD 6.8 billion by 2025, expanding at a CAGR of 6.2% over the forecast period, according to a new report by Grand View Research, Inc. Increasing penetration of the product in water purification activities as a flocculating agent is expected to propel the demand for polyacrylamide. The market is highly influenced by the availability of raw material and fluctuating price trends. The prices of polyacrylamide are likely to grow over the forecast period owing to rising crude oil prices, which are further impacting the acrylamide, acrylic acid, and acrylonitrile prices. As a result, the market players are likely to integrate the value chain to reduce their dependency on the raw material supplier and increase profit margins. SNF, BASF, and Kemira are few of the top polyacrylamide manufacturers. The multinationals are expanding their production bases and volumes to strengthen their roots in the market. Moreover, the market has numerous small-scale players, selling their products in domestic market. These players are likely to offer competitive pricing to gain market share against these major players. Key applications of polyacrylamide include water treatment, oil and gas, and paper making. Other application areas include pharmaceuticals, cosmetics, and personal care products. Polyacrylamide is used as a flocculent in waste water treatment of the chemical industry and municipal sewage treatment. Request a Free Sample Copy of Polyacrylamide Market Report @ https://www.radiantinsights.com/research/polyacrylamide-market/request-sample Further key findings from the study suggest:
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