Europe Polyacrylamide Market Size (2024 - 2029)

The European polyacrylamide market is experiencing growth, driven by increased demand in water treatment and oil and gas industries, despite previous setbacks due to the COVID-19 pandemic. The market's expansion is supported by a recovery in consumption, although challenges such as strict regulations on toxicity and rising raw material costs persist. Opportunities are emerging with the development of bio-based polyacrylamide at competitive prices. Germany is anticipated to lead the market, benefiting from its demand in key end-user sectors.

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Market Size of Europe Polyacrylamide Industry

Europe Polyacrylamide Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.00 %
Market Concentration High

Major Players

Europe Polyacrylamide Market Major Players

*Disclaimer: Major Players sorted in no particular order

Europe Polyacrylamide Market Analysis

The European polyacrylamide market is estimated to reach USD 283.77 kilotons by the end of this year, and it is projected to reach 349.92 kilotons in the next five years, registering a CAGR of 4.28% during the forecast period.

In Europe, countries like Italy and the United Kingdom were worst hit by the COVID-19 pandemic, which negatively affected the market. Pulp and paper, oil and gas, and mining end-user industries were negatively affected by the pandemic, which decreased the usage of polyacrylamide. However, the market recovered well after the restrictions were lifted. In 2022, the market recovered significantly, owing to the rise in consumption of polyacrylamide in water treatment and oil and gas end-user industries.

  • The widening focus on water and wastewater treatment activities in Europe and the rising demand for polyacrylamide from the oil & gas industry is expected to drive the market.
  • The strict regulations towards the usage of polyacrylamide owing to its toxicity and the increasing prices of raw materials are hindering market growth.
  • The development of bio-based polyacrylamide at competitive prices is expected to create market opportunities during the forecast period.
  • Germany is expected to dominate the market due to the rising demand for polyacrylamide from the water treatment, oil, and gas end-user industries. It is also expected to register the highest CAGR during the forecast period.

Europe Polyacrylamide Industry Segmentation

Polyacrylamide is an acrylic resin that has the unique property of being soluble in water. The polyacrylamide synthetic polymer is made of acrylamide. Polyacrylamide is used to flocculate solids in a liquid in processes such as water treatment, oil refining, and paper-making.

The polyacrylamide market is segmented by physical form, application, end-user industry, and geography. By physical form, the market is segmented into powder, liquid, and dispersions. The market is segmented by application into enhanced oil recovery, flocculants for water treatment, soil conditioners, binders and stabilizers in cosmetics, and other applications (food processing, pulp processing, etc.). By end-user industry, the market is segmented into water treatment, oil and gas, pulp and paper, mining, and other end-user industries (food and beverage, agriculture, textiles, etc.). The report also covers the market size and forecasts for the European polyacrylamide market for four major countries.

For each segment, the market sizing and forecasts are provided in terms of volume (tons).

By Physical Form
Powder
Liquid
Emulsion/Dispersions
By Application
Enhanced Oil Recovery
Flocculants for Water Treatment
Soil Conditioner
Binders and Stabilizers in Cosmetics
Other Applications (Food Processing, Pulp Processing, etc.)
By End-user Industry
Water Treatment
Oil and Gas
Pulp and Paper
Mining
Other End-user Industries (Food and Beverage, Agriculture, Textiles, etc.)
By Geography
Europe
Germany
United Kinfdom
France
Italy
Rest of Europe
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Europe Polyacrylamide Market Size Summary

The European polyacrylamide market is experiencing a recovery and growth trajectory following the challenges posed by the COVID-19 pandemic, which adversely impacted key industries such as pulp and paper, oil and gas, and mining. The market is driven by the increasing demand for polyacrylamide in water treatment and oil and gas sectors, with Germany and the United Kingdom being significant contributors. The focus on water and wastewater treatment activities, particularly in Germany, is boosting the demand for polyacrylamide, as it is extensively used as a flocculant or coagulant in these processes. Despite the positive growth prospects, the market faces challenges due to strict regulations regarding the toxicity of polyacrylamide and rising raw material costs. However, the development of bio-based polyacrylamide presents new opportunities for market expansion.

Germany stands out as a dominant player in the European polyacrylamide market, driven by its robust water treatment, oil, and gas industries. The country boasts the largest industrial wastewater treatment market in Europe, with a significant number of treatment plants addressing the vast volume of sewage and industrial wastewater generated annually. Additionally, Germany's status as a major consumer of crude oil and natural gas, coupled with its substantial refining capacity, further fuels the demand for polyacrylamide. The mining sector also contributes to the market's growth, with key minerals being extracted. The market is consolidated, with major players like SNF, BASF SE, Kemira, Solenis, and Solvay actively participating. Notably, Kemira's introduction of bio-based polyacrylamide production underscores the industry's shift towards sustainable solutions.

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Europe Polyacrylamide Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Drivers

      1. 1.1.1 Widening Focus on Water and Wastewater Treatment Activities in Europe

      2. 1.1.2 The Rising Demand for Polyacrylamide from Oil and Gas Industry

      3. 1.1.3 Other Drivers

    2. 1.2 Restraints

      1. 1.2.1 Strigent Regulations towards the Usage of Polyacrylamide owing to its Toxicity

      2. 1.2.2 The Increasing Prices of Raw Materials

    3. 1.3 Industry Value-Chain Analysis

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products and Services

      5. 1.4.5 Degree of Competition

  2. 2. MARKET SEGMENTATION (Market Size in Volume)

    1. 2.1 By Physical Form

      1. 2.1.1 Powder

      2. 2.1.2 Liquid

      3. 2.1.3 Emulsion/Dispersions

    2. 2.2 By Application

      1. 2.2.1 Enhanced Oil Recovery

      2. 2.2.2 Flocculants for Water Treatment

      3. 2.2.3 Soil Conditioner

      4. 2.2.4 Binders and Stabilizers in Cosmetics

      5. 2.2.5 Other Applications (Food Processing, Pulp Processing, etc.)

    3. 2.3 By End-user Industry

      1. 2.3.1 Water Treatment

      2. 2.3.2 Oil and Gas

      3. 2.3.3 Pulp and Paper

      4. 2.3.4 Mining

      5. 2.3.5 Other End-user Industries (Food and Beverage, Agriculture, Textiles, etc.)

    4. 2.4 By Geography

      1. 2.4.1 Europe

        1. 2.4.1.1 Germany

        2. 2.4.1.2 United Kinfdom

        3. 2.4.1.3 France

        4. 2.4.1.4 Italy

        5. 2.4.1.5 Rest of Europe

Europe Polyacrylamide Market Size FAQs

The Europe Polyacrylamide Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)

SNF, BASF SE, Kemira, Solvay and Solenis are the major companies operating in the Europe Polyacrylamide Market.

Europe Polyacrylamide Market Report Snapshots

Europe Polyacrylamide Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)