Acrylamide Market 2019 By Industry Growth & Regional Trend To 2025 Acrylamide Market

Global Acrylamide Market 2025: Opportunity and Demand Analysis, 2019-2025: Global Market Insights Inc. According to new Global Market Insights, Inc, chemical research report Acrylamide Market size is predicted to register high CAGR during the forecast period due to its requirement in water treatment industry. Stringent environmental regulations pertaining to disposal of sewage water may lead to high product demand. It also finds application in oil and gas sector for enhanced oil recovery process which may further boost acrylamide market growth. The product is a water-soluble monomer which is produced industrially by hydration of acrylonitrile. It is used to derive cationic & anionic polyacrylamide which acts as a flocculating and thickening agent. Cationic type derivatives are used in paper making industry and oil and gas recovery systems. Anionic type derivative market share is likely to grow owing to its demand in water treatment and food clarifications applications. Enhanced oil recovery process is employed for extraction of oil and gas to free trapped hydrocarbon in the reservoir. Derivatives of acrylamide finds application in this process owing to its high viscosity and high molecular weight. Chemical enhanced oil recovery market is likely to surpass USD 890 million by 2020 and would positively impact acrylamide market size. The derived products are used in waste and sewage water treatments owing to its high exclusion efficiency. It works on the principle of coagulation process where the impurities quickly settle down after forming heavy aggregate with the product. It is used as a conditioning agent and allow more concentrated sludge than its inorganic counterparts and thereby finding preference over inorganic coagulants. The product can also be used for potable water treatment when usage quantity is regulated. Global water treatment market size is likely to surpass USD 85 billion by 2027 which may drive up acrylamide market size. The product finds application in mining and construction industry in form of a polymer gel as a grouting agent. It helps to restrict water flow in a structure and stabilize dams, tunnels and mineshafts. It is also used as flocculant for separate solids from solution of water. Global construction market is expected to surpass USD 20 trillion by 2021 and would lead to positive influence on acrylamide market share in the forecasted time frame. 1 | Page