The Polyacrylamide Market was valued at USD 5.87 billion in 2024 and is projected to reach USD 9.37 billion by 2032, with a CAGR of 6.04% from 2025 to 2032. Demand is driven by water treatment solutions, energy demand, and industrialization, especially in the oil and gas sector for enhanced oil recovery.
In the U.S., the polyacrylamide market size was USD 2.10 billion in 2024 and is expected to reach USD 3.40 billion by 2032, growing at a CAGR of 6.18%. The U.S. leads in North America due to industrial infrastructure, environmental compliance focus, and federal regulations mandating polyacrylamide use in wastewater treatment.
Anionic polyacrylamide held the largest market share of 49% in 2024 due to its wide applications in water treatment and sludge dewatering. In the same year, the water treatment segment led the market, contributing 42% of total revenue, driven by the global need for clean water and adherence to environmental regulations.
North America accounted for the largest market share in 2024, at nearly 48.36%, due to high demand from oil & gas, water treatment, and mining industries. Polyacrylamide is used in EOR operations to maximize yield from older wells. Stringent environmental regulations have also fueled the market growth globally.
Recent developments include SNF Floerger expanding its PAM production facility in Louisiana to meet demand from oil & gas and municipal water treatment markets. BASF SE introduced biodegradable polyacrylamide formulations for sustainable sludge dewatering. SNS Insider offers market research and consulting services globally.
Read more at GlobeNewswire: Polyacrylamide Market to Surpass USD 9.37 Billion by 2032 |