Based on type, anionic polyacrylamide attained the highest revenue share in Indonesia Polyacrylamide Market – 6Wresearch
In 2023, Anionic Polyacrylamide garnered the maximum revenue share on account of its significant usage in owing to high effectiveness in flocculation and sedimentation processes, making it particularly suitable for industrial water treatment applications. Additionally, it is more environmentally friendly due to its lower toxicity and reduced potential for adverse environmental impact which is resulting in escalated demand from various industries.
According to 6Wresearch, Indonesia Polyacrylamide Market is projected to grow at a CAGR of 8.2% during 2024-2030. The surge in investment opportunities and a substantial increase in projects in manufacturing sector under Making Indonesia 4.0 at propelling the nation into the top 10 economies by 2030, are expected to boost industrial activity in the country. Consequently, this results in heightened wastewater discharge, driving up the need for wastewater treatment solutions, including polyacrylamide-based techniques, to ensure water purification before release into natural water bodies. Polyacrylamide is extensively used in water treatment processes across various industries. Its primary function in water treatment is as a flocculant, aiding in the clarification and purification of water. With the increase in industrialization, water treatment through Polyacrylamide.
The polyacrylamide market demand may be hindered due to the availability of substitutes like aluminium sulphate and polyaluminum chloride coupled with environmental concerns in Indonesia, such as water pollution and biodiversity risks from improper polyacrylamide management, highlighting the need for stringent regulations, further constraining market growth.
According to Dhaval, Research Manager, 6Wresearch, water treatment segment is expected to maintain its dominance during the forecast period attributed to upcoming projects such as Lotte Chemical Corporation Cilegon Polypropylene Plant in 2025 and KT&G in 2026 which is likely to result in water contamination, necessitating the use of Polyacrylamide for treatment. Additionally, increasing Indonesian population propels the demand for clean domestic water, resulting in further usage of polyacrylamide in the water treatment segment in the country.
Indonesia polyacrylamide Market (2024-2030) report provides an in-depth analysis with 10 figures and 6 tables, covered in 62 pages. The report comprehensively covers the market by type and application. The report provides a detailed as well as unbiased analysis of the ongoing drivers, opportunities/high growth areas, and trends of the sector which are projected to support the stakeholders to align as well as devise their market strategies as per the latest and future market dynamics.
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