Saudi Arabia Polyacrylamide Market Booming Trends and Forecast Assessment for th
Posted by Nikita Manwar on October 3rd, 2019
GMI Research has published a new study titled “Saudi Arabia Polyacrylamide Market by Type (Anionic Polyacrylamide, Nonionic Polyacrylamide, Cationic Polyacrylamide and Others), By Form (Powder, Emulsion, Gel and Others), By Application (Wastewater Treatment, Oil & Gas Extraction, Mining, Paints & Coatings and Others) – Opportunities & Forecast, 2019-2026”, which orates the future prospects set to strike the Saudi Arabia Polyacrylamide Market during the forecast period.
Polyacrylamides is basically a Flocculant agent which are widely used for the Treatment of raw water, urban sewage, Oil recovery and industrial wastewater. Anionic and cationic polyacrylamide are most popular Polyacrylamide which are commercially available in the market. Polyacrylamide (PAA) is the generic name of group polymers and copolymers on the basis of acrylamide and its derivatives. Polyacrylamide is used extensively in water processing, oil production, paper processing, production and processing of minerals. It is widely used for oil recovery drilling solutions which gives stabilizers, regulators of filterability and rheological properties. Also, anionic polyacrylamide is widely accepted in water treatment due to significantly high flocculation efficiency.
Growing use of polyacrylamide in the oil and gas industry for enhanced oil recovery, Diverse applications of polyacrylamide apart from oil & gas industry, increase in use of drilling and completion chemicals and growth in industrial activity in Kingdom of Saudi Arabia are expected to drive the market growth. Rising awareness and increasing water pollution are expected to drive the growth of the market. Also, the government initiative and Rising awareness lead to the increasing demand for polyacrylamide during the forecast period. However, the price fluctuation and stringent government laws and regulation may hinder the growth of the market during the forecast period.
Saudi Arabia polyacrylamide Market is growing significantly due to surging demand from wastewater treatment and oil recovery industries. Saudi Arabian government initiated an industrial cluster program to the sustainable development of oil and gas and chemical sectors. Raw material availability and petroleum feedstock are anticipated to boost the growth of polyacrylamide during the forecast period. Also, smart water grid legislatures have implemented to process wastewater, which is expected to increase the growth of polyacrylamide during the forecast period.
Based on Virus Strain Type, chimpanzee adenovirus type 3-Zaire Ebola virus segment are anticipated to grow at fastest CAGR during 2019-2026.
Chimpanzee adenovirus type 3-Zaire Ebola virus segment is expected to grow at the fastest CAGR during the forecast period due to viable reactogenicity and immune responses characteristics and acting as an attractive platform for stockpiling vaccines for emergency deployment in response to a threatened outbreak of an Ebola pathogen. Moreover, extensive research and development activities for anti-Ebola products are expected to boost market growth.
Prominent Player Such as Serepata Therapeutics, NewLink Genetics Tekmira Pharmaceuticals, and Mapp Biopharmaceutical are focusing on research activities to develop Ebola Vaccine. For instance: In 2014, Tekmira Pharmaceuticals received fast-track designation from U.S. food and drug administration for their anti-ebola therapeutic TKM-ebola.
North America held the largest market share in 2018 and the region is expected to generate maximum revenues during the forecast period due to the presence of prominent pharmaceutical manufacturing companies and higher volume of vaccine procured in the region. For instance: CDC and WHO aided ebola affected countries to overcome the impact of ebola outbreak. Asia-Pacific is projected to grow at the fastest CAGR during 2019-2026 due to growing awareness regarding travel vaccination, and government initiative is positively impacting Ebola Vaccine Market growth.
Europe has registered a relatively low growth rate in the global Ebola vaccine market compare to North America, the European market will be primarily driven by rising government aid for R&D for treatment and clinical trials mainly in developed countries. Also, the presence of key players operating in the target market is another factor expected to support the growth of the Ebola vaccine market in Europe over the forecast period. Asia-Pacific is projected to grow at the fastest CAGR during 2019-2026 due to growing awareness about travel vaccination, and government initiative is positively impacting Ebola vaccine market growth
Various notable players operating in the market, Ecolab Inc., Chevron Phillips Chemical Company LLC (Saudi Polymers Company), BASF SE, SNF Group, Sahara PCC, Solvay and Schlumberger Limited among others.
Key questions answered in this research report:
Leading market players
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About the AuthorNikita Manwar
Joined: September 10th, 2019
Articles Posted: 80
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