The polyacrylamide market in North America is expected to grow from US$ 1,247.26 million in 2022 to US$ 1,712.47 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2022 to 2028.
Growing Focus on Water and Wastewater Treatment Activities
Polyacrylamide is highly used in various water treatment applications. It includes the purification of industrial water, sewage treatment, drainage purification, and wastewater treatment. Due to polyacrylamide’s ability to increase viscosity and promote flocculation of particles, it is ideal for water treatment. Polyacrylamide has good coagulation qualities, making it suitable for water purification. In sewage treatment, polyacrylamide can be used as sludge dewatering and helps to improve water quality. In industrial water treatment, polyacrylamide is used as an important formulation agent. The use of polyacrylamide and inorganic flocculant in the treatment of drinking water and industrial wastewater can significantly improve water quality. Water and wastewater treatment is becoming increasingly important in many countries across the region. Various North American countries are progressing toward wastewater treatment targets, protection of sensitive water systems, and the use of wastewater sludge. According to EPA, the wastewater treatment facilities in the US process ~34 billion gallons of wastewater every day. Thus, the increasing focus on water and wastewater treatment activities is creating a demand for polyacrylamide.
Market Overview
The North America Polyacrylamide market is segmented into the US, Canada, and Mexico. The market is expanding as polyacrylamide is increasingly used in various applications such as water & wastewater treatment, industrial wastewater, pulp & paper manufacturing, oil & gas, and the mining industry. In North America region, demand for polyacrylamide is dominated by the water and wastewater treatment application, which estimates for over 50% of the overall demand in the region. Stringent regulatory actions against wastewater disposal and treatments, coupled with rising concerns regarding the environment in the region and others, are expected to drive water and wastewater treatment activities in the region, which is likely to impact the industry growth of polyacrylamide. Furthermore, the development and introduction of new polyacrylamide polymers for producing different products such as polyacrylamide gel and polyacrylamide powder is expected to create new avenues for the bio-science and pharmaceutical industry in the region.
North America Polyacrylamide Market Revenue and Forecast to 2028 (US$ Million)
North America Polyacrylamide Market Segmentation
The North America polyacrylamide market is segmented into type, form, application and country.
SNF; Kemira Oyj; BASF SE; Mitsui Chemicals, Inc.; Ashland Global Holdings Inc.; Solenis; and Solvay S.A. are the leading companies operating in the polyacrylamide market in the region.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 1,247.26 Million |
| Market Size by 2028 | US$ 1,712.47 Million |
| CAGR (2022 - 2028) | 5.4% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Polyacrylamide Market is valued at US$ 1,247.26 Million in 2022, it is projected to reach US$ 1,712.47 Million by 2028.
As per our report North America Polyacrylamide Market, the market size is valued at US$ 1,247.26 Million in 2022, projecting it to reach US$ 1,712.47 Million by 2028. This translates to a CAGR of approximately 5.4% during the forecast period.
The North America Polyacrylamide Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Polyacrylamide Market report:
The North America Polyacrylamide Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Polyacrylamide Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Polyacrylamide Market value chain can benefit from the information contained in a comprehensive market report.
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