Raising Focus of Market Players on Boosting Production Capacities
The players operating in the polyacrylamide market are constantly focusing on increasing their production capacities to keep pace with the growing demand for polyacrylamide from the primary markets of municipal & industrial water treatment, oil & gas, mining, paper, agriculture, and personal & home care. The paper & board industry is witnessing the fastest growth. Polyacrylamide manufacturers operating in the region are adding new facilities in response to the rapid growth of the region’s paper & board industry, mining industry, etc. To support polyacrylamide production, market players are also focusing on investing in upstream monomer production capabilities. Therefore, the trend of the growing focus of market players on boosting production capacities is expected to fuel the polyacrylamide market growth.
Market Overview
The main agricultural use of polyacrylamide is for stabilizing soil and preventing the erosion. It is also used as dust control on the unpaved roads. Various forms of products exist, but the type that is used for erosion control is large, negatively charged molecule which is water soluble. Polyacrylamide is a water soluble and organic compound which is used in industry to synthesize the polymers and in agriculture as soil stabilizer. Polyacrylamide is therefore playing an important role in country’s agricultural industry. Furthermore, the land application of different product containing water-soluble polyacrylamide as a temporary-soil binding agent is to mainly reduce the erosion. Later, the main purpose of its practice is to reduce erosion from wind and the water used on construction sites and the agricultural lands, where polyacrylamide also plays an important role. Polyacrylamide are also found in consumer products: examples, food packaging, and also some adhesives.
South & Central America Polyacrylamide Market Segmentation
The South & Central America polyacrylamide market is segmented into type, form, application and country.
Based on type, the market is segmented into anionic, cationic, and non-ionic. The cationic segment registered the largest market share in 2022. Based on form, the market is bifurcated into on powder and liquid. The powder segment held a larger market share in 2022. Based on application, the market is categorized into water and wastewater treatment, pulp and paper manufacturing, oil and gas, mining industry, and others. The water and wastewater treatment segment held the largest market share in 2022. Based on country, the market is segmented into Brazil, Argentina, and Rest of SAM. Brazil dominated the market share in 2022. 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$ 55.20 Million |
| Market Size by 2028 | US$ 65.46 Million |
| CAGR (2022 - 2028) | 2.9% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
South and Central America
|
| Market leaders and key company profiles |
|
The South & Central America Polyacrylamide Market is valued at US$ 55.20 Million in 2022, it is projected to reach US$ 65.46 Million by 2028.
As per our report South & Central America Polyacrylamide Market, the market size is valued at US$ 55.20 Million in 2022, projecting it to reach US$ 65.46 Million by 2028. This translates to a CAGR of approximately 2.9% during the forecast period.
The South & Central 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 South & Central America Polyacrylamide Market report:
The South & Central America Polyacrylamide Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The South & Central America Polyacrylamide Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the South & Central America Polyacrylamide Market value chain can benefit from the information contained in a comprehensive market report.
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