Polyacrylamide Market , Trends, Regional Outlook, Competitive Landscape, Revenue Analysis & Forecast Till 2030
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 additives. Due to its higher viscosity, hydrolyzed polyacrylamide offers an excellent oil recovery rate that is far better compared to unhydrolyzed polyacrylamide. Other market drivers for the global Polyacrylamide Market growth include rapid urbanization, growing population, and subsequently increasing demand for enhanced oil recovery. However, the change in the price of polyacrylamides of raw materials can hinder m