Firmness in the price of Acrylamide amid strong demand for wastewater treatment chemicals
Strong demand for Wastewater treatment chemicals resulted in constant firmness in the prices of Acrylamide in the global market. Growing awareness over water management and treatment and increasing stress by the governing bodies has made water treatment a potential growth segment for Acrylamide prices of global market . Acrylamide is industrially produced by the hydration of acrylonitrile. Acrylamide is widely used in water treatment as its derivative is polyacrylamides which is majorly used in Water treatment as it has characteristics of varying water solubility. The bulk production and consumption of Acrylamide is concentrated in mainland China, the USA, and Germany. In China, production activity was halted due to the implementation of Zero Covid policy amidst pandemic Covid 19. Under zero covid policy, strict restrictions have been imposed on production activity in the country along with port congestion at several container gateway like Ningbo. Meanwhile, the prices are observed t...