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