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Start Manufacturing Business Of Polyacrylamide | |
| Water-soluble polymers like polyacrylamide are frequently employed in a variety of industrial and environmental applications. Acrylamide, a simple monomer obtained from petroleum, is polymerized to create it. The linear structure and high molecular weight of polyacrylamide give it special physical and chemical characteristics. It can take in water and expand to produce a gel-like substance, which makes it useful as a thickener, binder, or stabilizer in a range of industries. Additionally, polyacrylamide is very soluble in water, making it simple to mix and disperse into solutions. It can be added to water to clear and eliminate impurities, making it useful in applications like wastewater treatment. Overall, polyacrylamide is a flexible and frequently used polymer that has a number of uses in various industries. Due to its special qualities, it works well in a wide range of applications, which has helped its industry grow at a rapid rate. Applications and Uses There are several uses and applications for the synthetic water-soluble polymer known as polyacrylamide (PAM). The following are a few of the frequent functions and uses of polyacrylamide: Water Treatment: To clear the water and eliminate contaminants, water treatment procedures use polyacrylamide. It is utilised in municipal water treatment facilities, industrial water treatment facilities, and wastewater treatment facilities as a coagulant, flocculant, and settling agent. Enhanced Oil Recovery: Polyacrylamide is used in the oil and gas sector to boost drilling and extraction productivity, hence increasing oil and gas production. In drilling muds and completion fluids, it serves as a viscosity modifier and a fluid loss control agent. Industry of Paper and Pulp: Polyacrylamide is utilised as a retention and drainage aid in the industry of paper and pulp. By strengthening filler and fibre retention and raising drainage rates, it increases the effectiveness of the papermaking process. Agriculture: Polyacrylamide is utilised in agriculture to enhance soil quality and lessen erosion. It is employed as a soil conditioner and a water-retentive agent to enhance soil structure, lessen soil compaction, and increase water holding capacity. Textile Industry: polyacrylamide is used as a binder, thickener, and sizing agent. It is used to increase the dyeability, quality, and strength of fabrics as well as to lessen the amount of chemicals used during manufacture. Mining: Polyacrylamide is used as a flocculant in the mining industry to separate minerals from water and increase the effectiveness of the mineral processing process. In general, polyacrylamide is a flexible polymer that has a variety of uses, including in the treatment of water, oil and gas, paper and pulp, agricultural, textile and mining. Global Market Prospects The size of the world market for polyacrylamide was anticipated to be USD 5.5 billion in 2022 and to increase at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2030. The industry's growth is anticipated to be fueled by the product's rising demand across a range of application sectors, including wastewater treatment, oil recovery, papermaking, and food and beverage. The market for the product in North America is primarily driven by the water treatment application, which will account for more than 49.0% of all demand in 2022. Water treatment activities are anticipated to be driven by strict regulatory measures against wastewater disposal together with the growing environmental concerns in the area, which is likely to have a favourable effect on the industry's growth. Furthermore, new opportunities in biosciences and pharmaceuticals are anticipated in the region as a result of developments in polyacrylamide polymers used to produce polyacrylamide gel and powder. Indian Market Prospects India is currently experiencing a major rise in the polyacrylamide business. The flourishing agriculture and water treatment industries in the nation are major contributors to the rising demand for this chemical. Farmers in India, a country with a large agricultural industry, have begun using polyacrylamide to stabilise soil, stop soil erosion, and boost water retention in irrigation systems. The industrial sector of the nation additionally strongly relies on polyacrylamide for the sewage treatment process. In the upcoming years, it is anticipated that use of polyacrylamide would rise as the government works to combat water pollution. Traditional chemicals used in these sectors can be replaced by polyacrylamide at a lower cost. In India, demand for the product has increased as a result of its effectiveness and accessibility. With multiple market participants launching new products and extending their distribution networks, the polyacrylamide sector in India is prepared for further expansion. It is anticipated that as India's economy expands, demand for this adaptable chemical will increase even further, opening up several prospects for investment and innovation. Conclusion Its efficiency and adaptability are demonstrated by the growth of the polyacrylamide industry. This chemical is a popular option in many industries thanks to its wide variety of uses and low cost. The substantial demand for Polyacrylamide suggests that its advantages outweigh any potential hazards. We may anticipate many more applications for this chemical in the future with additional research and development. It's critical to continue to think about how this industry affects the environment as it expands and to work towards sustainability in all of our endeavours. We're eager to see where this sector will go next because the future for polyacrylamide appears to be promising. Major Key Players • Anhui Jucheng Fine Chemical Co, Ltd. (CJCC) • Ashland Inc. • BASF SE • Kemira • SNF Group • Black Rose Industries Ltd. • Shandong Polymer Bio-Chemicals Co., Ltd. • Xitao Polymer Co., Ltd. • ZL EOR Chemicals Ltd. • Dongying Kechuang Biochemical Industrial Co., Ltd. | |
| Plant capacity: Polyacrylamide Liquid 50% Solution 200 MT Per Day | Plant & machinery: 2247 Lakhs |
| Working capital: - | T.C.I: Cost of Project: 4304 Lakhs |
| Return: 27.00% | Break even: 45.00% |
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