Polyacrylamide Copolymer industry | Size, Share, Top Key Players, Development Trend, Dynamics
India Polyacrylamide Copolymer – Market Insights
Wastewater management is a pressing
issue in India. This is the primary reason why any new technology or procedure
that can allow efficient wastewater management is instantly adopted in this
country. Owing to the increased demand for purifying water, the India
polyacrylamide copolymer market is gaining force.
Recently, Market Research Future, a
firm which specializes in providing research reports on various domains
released a report on this market. According to it, this market will experience
significant growth in the forthcoming years. The CAGR for the projection span
of 2017-2021 is estimated to be 9.3%. The probable revenue return figures also
look good and promise a great future ahead from a fiscal point of view.
As already mentioned, polyacrylamide
copolymer Industry can facilitate wastewater management in an efficient
manner. This substance possesses ionic properties, hence it has the ability to
act like a flocculating and coagulating agent. It is effectively employed for
sewage treatment as it can segregate solid and liquid. At present, the
awareness regarding environmental conservation is widespread in India and this
fact plays a pivotal role in driving the growth of the India polyacrylamide
copolymer market.
Some other factors that further propel
the already growing India polyacrylamide market are the rapid development in
the petroleum industry, shifting lifestyle patterns of individuals, increased
demand for comfort food items, augmented need for pure drinkable water and
lastly the speedy development in shale and gas production.
Apart from these aspects, additional
factors that positively influence the market’s expansion are higher investments
to procure exceptional resources by major players, expansion and development of
the mining business.
However, the market will have to
overcome certain restraints like negative health effects of this compound.
Efforts are being undertaken to resolve this issue and soon enough the India
polyacrylamide copolymer market will cope with such small issues.
Access Report Details @ https://www.marketresearchfuture.com/reports/india-polyacrylamide-copolymer-market-1075
Market Segmentation
The research report published by
Market Research Future on ‘India Polyacrylamide Copolymer Market’ has dedicated
a distinct section to provide a comprehensive segmental analysis of this
market. Here are some of the most important insights of the same.
By application – Oil & gas, waste
water treatment and paper making. Wastewater treatment segment governs the
market and grabs the largest chunk of the market share. The main reason for
this has been identified as the numerous initiatives implemented by the
government in order to protect the leftover natural water resources of India.
The oil & gas segment accounts for the second largest share of the market
and is expected to grow at a steady pace during the forecast period.
By type – Cationic, amphoteric and
anionic.
Comprehensive Regional Analysis
India polyacrylamide industry is the
most prominent in Southern-India. According to the research report by Market
Research Future, South-India holds the maximum number of market shares.
West-India is anticipated to be the fastest growing area during the forthcoming
forecast span. And lastly, North-India is also expected to witness a
considerable amount of development in the coming years.
Industry News
October 27, 2017 – BASF an Indian
company announced last year in the month of October that it will be building a
biocatalysed acrylamide plant in Nanjing Chemical Industrial Park, China. With
this new plant, this company aims to enhance the supply of cost-effective
acrylamide across the Asia Pacific region.
Market
Players & Key Strategies
Some of the most well-known brands in
this industry can be listed down as Dow Chemical’s Corporation, BASF, Sanyo
Chemicals, Nippon Shokubai, Lg Chemicals and Sumitomo Seika.
To make sure that they stay ahead of
the competitors these brands employ various growth strategies like an expansion
of business, acquisitions and strategic partnerships with other firms.
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