Polyacrylamide Market 2022 Product development, Demographic Strategy, Trend, Global Segments by Forecast 2030
Also known as polymerized acrylamide, polyacrylamide (PAM) is formed by the synthesis of acrylamide subunits. A new report on the global polyacrylamide market , published by Market Research Future (MRFR), studies that this market can eye enlargement at 6.53% CAGR between 2022 and 2030. By monetary value, the market can be worth USD 4.7 Bn by the end of the forecast period. The most significant market driver for the global polyacrylamide market growth is growing demand. The demand is increasing due to the increasing awareness regarding wastewater management and growing need to reduce soil erosion. Polyacrylamides are used for treating wastewater of numerous chemical industries and municipal sewage treatment, including coal washing, the electronic, iron & steel, metallurgy, and mineral processing industries. Polyacrylamide also acts as an agent in various applications that include drag reduction, enhanced oil recovery (EOR), and oil drilling additive. Due to its higher viscosity,