Smart Materials Market 2022 Industry Growth by Manufacturers, Segments, Demand, Revenue, Types and F

Strong economic expansion, rising population, and rapid urbanization have resulted in an exponential rise in drinking water consumption and wastewater generation in developing countries. According to the Central Pollution Control Board (CPCB) of India, per capita wastewater generated by India's class-I and class-II cities and towns, that account for more than 70% of the country's urban population, is estimated to be approximately 98 liters per capita per day (lpcd). The untreated urban wastewater accounts for 70% of the total wastewater discharged into rivers and the sea. Untreated wastewater discharges from cities into water bodies have contaminated raw water sources, reducing water availability for human use and having negative repercussions on the environment, aquatic life, and ecology. As a result, urban wastewater management has become a top priority for the local officials in India.

Acrylamide polymer is used in municipal water treatment plants, sewage treatment plants, industrial water treatment units, and reverse-osmosis systems, among others. The increasing focus on municipal and industrial wastewater treatment is driving the demand for acrylamide in the country. Moreover, the state governments are also investing in sewage treatment plants to promote the reuse and recycling of water. For instance, the Gujarat government announced the 'Reuse of Treated Waste Water Policy' in May 2018, with the goal of reducing the state's dependency on fresh water sources such as the Narmada River. Such initiatives are projected to offer significant growth prospects for the acrylamide market in the country over the coming years.

Some of the major key players operating in the global acrylamide market include INEOS, Ashland Global Holdings Inc., SNF, Kemira Oyj, BASF SE, Black Rose Industries Ltd, Mitsui Chemicals India Pvt. Ltd., Solvay S.A., NUOER GROUP and EMCO Dyestuff. The major players in the global acrylamide market are focusing on strategies such as research and development and new product development to increase the geographical presence and consumer base globally.

Based on product type, the market is bifurcated into acrylamide water solutions and acrylamide crystals. In 2020, the acrylamide crystal segment was the fastest-growing segment in the acrylamide market. Acrylamide crystals have various applications and are used as a flocculant, blocking agent, textile treatment agent, and water treatment agent.