Rapidly Rising Urbanisation And Related Industries Have Resulted In An Increase In Mining Activities, Which Has Encouraged The Expansion Of The Polyacrylamide Market

 

Polyacrylamide

Polyacrylamide is a water-soluble polymer composed of acrylamide monomer. It raises the viscosity of water and aids in the flocculation of particles in water. Polyacrylamide is utilised in municipal wastewater treatment and sludge dewatering, industrial wastewater treatment, potable water treatment, air flotation, and primary settling. Polyacrylamide's widespread use in wastewater treatment has propelled the worldwide polyacrylamide market's expansion. Polyacrylamide supports are typically gelatinous and squishy in appearance. They also have low nonspecific binding to biomolecules, buffer stability, and excellent pH, and are resistant to microbial development due to their completely synthetic nature.

 

Polyacrylamide's excellent flocculating and coagulating capabilities have resulted in a rapid expansion in its use in wastewater treatment. Polyacrylamide manufacturers are predicted to find Asia Pacific to be the most promising market. This is due to the thriving mining industry in emerging economies such as India and China. According to IBEF, India produced 91.46 million tonnes (MT) of completed steel in 2015, making it the world's third-largest steel manufacturer. Rapidly rising urbanisation and related industries have resulted in an increase in mining activities, which has encouraged the expansion of the polyacrylamide market. The India Brand Equity Foundation (IBEF) is a Trust established by the Ministry of Commerce and Industry, Department of Commerce, in partnership with the Government of India, with the goal of promoting and raising international awareness of Indian-made goods.

 

Fluctuating raw material prices, such as acrylonitrile, are expected to be a restraining factor for the growth of the synthetic rope market over the forecast period. Mergers and acquisitions are two key strategies used by the top players in the Polyacrylamide Market to maintain their position. BASF SE opened a new bio-acrylamide manufacturing facility in Bradford in April 2016. This will enhance the company's polyacrylamide product portfolio by improving supply reliability and operational efficiency. Shandong Shuiheng Chemical Co., Ltd., The Dow Chemical Company, Kemira, Ashland Inc., BASF SE, Beijing Heng- Chemical Group Co., Ltd., Shandong Zibo East Polymer Co., Ltd., Group, and Xitao Polymer Co., Ltd. are some of the major companies operating in the global polyacrylamide market.

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