In recent years, with the rise of tertiary oil recovery and shale oil and gas development, the polyacrylamide industry has also entered a stage of rapid development. Through continuous technological progress, product innovation, and healthy competition, the overall level, production capacity, and independent competitiveness of my country’s polyacrylamide industry have been significantly improved. Globally, the industry with the widest application of polyacrylamide is oil extraction, followed by water treatment, with applications in papermaking, textiles, and mining also expanding.
Polyacrylamide is a water-soluble polymer widely used in wastewater treatment and water purification. In recent years, with increasing environmental awareness and the exacerbation of water scarcity, the market demand for polyacrylamide has continued to rise. Data from the “2025-2030 Global and China Polyacrylamide Industry Market Status Survey and Development Prospect Analysis Report” shows that the market size of polyacrylamide in China exceeded 5 billion yuan in 2021 and is expected to reach 10 billion yuan by 2025, with an average annual growth rate of over 15%.
The global polyacrylamide market reached $2.599 billion in sales in 2024, and is projected to reach $3.685 billion by 2031, with a compound annual growth rate (CAGR) of 5.2% (2025-2031). Key global polyacrylamide manufacturers include SNF Group, Solenis, and Kemira, with the top three accounting for approximately 62% of the global market share. SNF Group is the world’s largest polyacrylamide producer, holding over 45% of the market share. The Asia-Pacific region, Europe, and North America are the main global polyacrylamide markets, collectively accounting for over 92% of the market share. The Asia-Pacific region is the largest market, accounting for 47% of the market.