The value of the Water Soluble Polymers market is projected to grow to USD 57.32 billion with an estimated CAGR of 6.18% by 2030
Water soluble polymer element consist of wide range of mineral polymers which are either of synthetic or natural origin. These elements can be dissolved in water easily to form numerous solutions used in separation process of elements in an aqueous medium. They have various applications in chemical practices like flocculation, thickening, gelling, dispersion and rheology modification. The rising processes of wastewater treatment in numerous industrial activities across globe is a crucial factor driving the application of water soluble polymers in various production industries.
The global soluble polymer market is segmented into product on the basis of material such as alcohol, casein, guar gum, polyvinyl, polyacrylamide, and others. The polyacrylamide is widely demanded and used in the global water soluble polymer market.
Likewise, end user applications are segmented into several industries and areas such as water treatment, medical sector petroleum, paper, coatings, and construction.
Asia is one of the largest market of water soluble polymers. Manufacturing industries are broadly shifting from the Western Europe, U.S and Japan to other regions such as China, Southeast Asia thus, growing the global water soluble polymer market in the region.
Global water soluble polymer market size:
Water soluble polymer market size is expanding at a high rate, because of the filtered water demand across globe. It is increasing the raw water treatment demand over municipal, and industrial processes.
The narrowing environmental guidelines in rising economies about sewage release from manufacturing industries are enhancing the request for such products, and this will raise the water soluble polymer market size in upcoming years.
Growing each capita intake in financial prudence with rapidly mounting GDP such as of Southeast Asia and China is pouring the demand of water soluble polymers in various sectors such as personal care products, pharmaceuticals, and food. In other hand, India, China, and Japan are the main markets in the region. Of which, China is top leading country with fastest growing market in the region.
Global Water Soluble Polymer Market Analysis:
- This report gives a detailed measurable breakdown of the recent market trends from 2018 to 2025 to recognize the prevailing opportunities.
- Water soluble polymer market size and valuations are depend on complete analyses of the application, source type and developments in the industry.
Key players in global water soluble market include:
Key players contributing to grow the global water soluble polymer market comprise DuPont, Ashland Inc., The Dow Chemical Company, SNF group, Nitta Gelatin Inc., Kuraray group, Gantrade, BASF. Other industries also growing in the global market such as AkzoNobel, Kemira Oyi, Gelita AG, and other.
Water Soluble Polymer Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2030||USD 57.32 billion|
|Growth Rate||CAGR of 6.18 % during 2020-2030|
|Segment Covered||By Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, South America, Middle East and Africa|
|Key Players Profiled||Dow Chemical Company, SNF group, Nitta Gelatin Inc., Kuraray group, Gantrade, BASF. Other industries also growing in the global market such as AkzoNobel, Kemira Oyi, Gelita AG, and other.|
Segmentation of global water soluble polymer market include:
- Guar Gum & Derivatives
- Polyvinyl Alcohol
- Polyacrylamide & Copolymers
- Detergents & Household Products
- Paper Making
- Water Treatment
- Asia Pacific
- North America
- Latin America
- Middle East and Africa