The global market for polyacrylamide has been growing steadily over the years, driven by its versatile applications in various industries. Polyacrylamide is used in sectors such as water treatment, petroleum, papermaking, mining, and agriculture, among others.

According to a report by Grand View Research, the global polyacrylamide market size was valued at approximately USD 4.7 billion in 2020. The market is expected to witness a compound annual growth rate (CAGR) of around 6.2% from 2021 to 2028.

The water treatment segment holds a significant share in the polyacrylamide market, owing to its effectiveness in purification processes, flocculation, and sedimentation. Increasing demand for clean water and stringent environmental regulations are driving the adoption of polyacrylamide in water treatment applications.

In the petroleum industry, polyacrylamide is utilized for enhanced oil recovery (EOR) processes and drilling operations. The need to extract oil and gas efficiently from mature oil fields and the growing exploration activities in unconventional resources are contributing to the demand for polyacrylamide in this sector.

The papermaking industry also represents a substantial application area for polyacrylamide. It is used as a retention aid, drainage aid, and strengthening agent in paper manufacturing processes, enhancing operational efficiency and product quality.

Overall, the global market for polyacrylamide is expected to continue growing due to increasing industrial activities, urbanization, water treatment needs, and environmental concerns, among other factors.