- The increasing application of polyacrylamide in enhanced oil recovery (EOR) processes drives market growth. For instance, in shale oil extraction, polyacrylamide is used to improve water viscosity and enhance oil recovery rates. As companies such as ExxonMobil and Chevron intensify their EOR efforts to maximize extraction efficiency, the demand for polyacrylamide surges, boosting its market presence significantly
- North America dominated the Polyacrylamide market with the largest revenue share of 32.87% in 2024, driven by stringent environmental regulations and rising demand for wastewater treatment and enhanced oil recovery solutions
- Asia-Pacific Polyacrylamide market is poised to grow at the fastest CAGR of 9.45% from 2025 to 2032, driven by rapid industrialization, increasing population, and rising environmental concerns in countries such as China, India, and Japan
- The anionic segment dominated the market with the largest revenue share of 47.8% in 2024, owing to its extensive use in wastewater treatment, mineral processing, and enhanced oil recovery
