Growth in the water treatment industry would directly impact the developments in the North America polyacrylamide market in the coming years. Polyacrylamide is extensively used in water treatment process as a flocculating agent.
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After the product is added to wastewater, its action forces suspended particles to aggregate & precipitate. It can be also used in municipal water treatment to separate solid from liquid. The product is used in treating micro polluted sources, industrial wastewater, municipal sewage, sludge dewatering, etc. Its water solubility and molecular chain are some characteristics which makes it ideal for water treatment processes. Increasing concerns regarding environmental protection and limited water resources are some factors which would boost the need for water treatment in the coming years. This would increase the demand in the North America polyacrylamide market. Growing industrial activity in this region will increase the requirement for industrial wastewater treatment facilities in the coming years.
The North America polyacrylamide market is segmented based on product, application, and country. The major product types are anionic, cationic, non-ionic and others which include homopolymers, copolymers, etc. Anionic segment attained a maximum portion of the North America polyacrylamide market in 2018. This is owing to its good solubility which results in its wide usage in water treatment application. Based on application, the North America polyacrylamide market was segmented into petroleum, paper making, water treatment and others which include applications like bio-medical, chemical, etc. Petroleum application segment attained the highest CAGR of more than 7% in the study period owing to its rising use in oil recovery treatment. Out of the two countries, the U.S. attained the largest market share due to presence of well-established product manufacturers. Rising demand from oil & gas industry would be another factor resulting in its high market share.
Some of the key participants of the North America polyacrylamide market are Kemira Oyj, Solenis, Ashland Inc., BASF SE, SNF Group, etc.