Fluctuating prices of raw material such as acrylonitrile is expected to be one of the restraining factors for growth of synthetic rope market over the forecast period. Mergers and expansions is one of the key strategies adopted by the top players in the polyacrylamide market to maintain their position. In April 2016, BASF SE set up a new bio-acrylamide manufacturing facility in Bradford. This will complement the company’s product portfolio of polyacrylamide with improved supply reliability and operational efficiency.
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