Polyacrylamide Market Share

APAC Market Forecast

Polyacrylamide Market in Asia Pacific is expected to account for the largest share of 36% during the forecast period. Due to the region's increasing industrialization, which has increased demand for polyacrylamide in water treatment applications, Asia-Pacific is the world's largest market for the chemical. The need for chemicals used in water treatment will rise due to China's numerous chemical and pharmaceutical businesses, which will further propel the market for polyacrylamide. Also, as urban population increases in the region there is a corresponding rise in demand for clean water and infrastructure development. Furthermore, with rising energy demand, countries in the Asia Pacific regions are investing in oil and gas exploration and production activities. For instance, the Asia-Pacific region produced about 7.37 million barrels of oil per day in 2022.

North American Market Statistics

North American polyacrylamide market is expected to hold a share of 28% by the end of 2037. In the region, the United States and Canada are major producers of shale gas, and a popular method for obtaining these resources is hydraulic fracturing. In addition, the region's old infrastructure requires upkeep and restoration, which raises the requirement for building materials like polyacrylamide. Furthermore, the use of polyacrylamide-based solutions for environmental rehabilitation and conservation initiatives is fueled by rising public awareness of environmental problems such soil erosion and water contamination.