Global Water Soluble Polymer Market Is Predicted to Value Over USD 51.9 Billion by 2026 End

  • 01 Jul 2019

Global Water Soluble Polymer Market is predicted to value over USD 51.9 billion by 2026 end and grow at a CAGR of over 6% during the forecast period of 2019 to 2026.  

Market Introduction:
Water soluble polymers have a vast number of applications in construction, paper, pharmaceuticals, food and other industries. Additionally, it is used in applications like coagulation and flocculation for separation of suspended materials and aqueous solutions. 

Market Drivers and Restraints:
The key factor that has a significant impact on the global market for water soluble polymers is the rising demand from the water treatment industry. Wastewater treatment is not only being demanded in industries but also across municipal processes which further drives the market. Furthermore, the stringent environmental regulations in emerging economies regarding drinking water purification and the discharge of effluents from manufacturing companies are further escalating the demand for water soluble polymers thus expanding the market even further. 
Instability in raw material pricing of synthetically derived products which is been seen for the past few years will be a restraining factor for the market growth. 

Insights on Global Water Soluble Polymer Market:
1.    By Region

•    North America
•    Europe
•    Asia Pacific
•    Middle East & Africa
•    Latin America
The growing natural gas industry in the U.S and the ever-growing end-user industries like water treatment industry and food & beverage industry in U.S and Canada has augmented the market growth. 
With rapid industrialization and implementation of industry-favoured regulations in emerging economies, the manufacturing industry is growing at a faster rate resulting in huge amounts of wastewater generation. This has, in turn, increased the demand for wastewater treatment in the Asia Pacific region which is anticipated to witness an exponential market growth during the forecast period. 
The Middle Eastern region is also experiencing a rise in demand for wastewater treatment considering the manner in which their freshwater resources are diminishing. Therefore, they will witness positive market growth during the forecast period. 

2.    By Type
•    Polyacrylamide & Copolymers
•    Guar gum & derivatives
•    Polyvinyl alcohol
•    Casein
•    Gelatin
•    Polyacrylic Acid & Copolymers
Guar gum is prominently used in the paper industry due to the ability of mass paper pulp hydration thus reducing the refining process and this is a lucrative market segment. Additionally, it is easily available and is very low-priced and such factors can augment the market growth of this segment especially in emerging economies. 
The polyacrylamide & copolymers market segment is very promising as it has a revenue collection of USD 5 billion in 2016 and it is anticipated to get similar revenue numbers during the forecast period. High miscibility, non-toxic nature, good thermal stability good solubility are some of the characteristics that make polyacrylamide and its copolymers a good flocculant and coagulant thus accelerating the market growth. 

3.    By Application
•    Water Treatment
•    Detergents & Household Products
•    Paper Making
•    Petroleum
Water-soluble polymers are primarily used in the water treatment industry and as a result, it acquires a major global market share and will continue to dominate the market during the forecast period considering the rising demand for potable water resources worldwide. 
The water-soluble polymer is used as an anti-redeposition agent in household & detergent products and that is the reason this segment is anticipated to grow at a higher CAGR during the forecast period.  

Competitive Landscape:
•    BASF SE
•    The Dow Chemical Company
•    Ashland
•    SNF Group
•    Mitsubishi Chemical Holdings Corp.
•    Gelita AG
•    Kemira OYJ
•    J.M Huber Corp.
BASF’s sokalan grade are capable of reducing phosphate content. Furthermore, they have a noticeable dispersing capacity due to the carboxyl groups present in them. This product is widely used in water treatment projects increasing its demand in the market. 

FutureWise Key Takeaways:
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:
•    To provide with an exhaustive analysis on the global water soluble polymer market by region, by type, by application
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Middle East & Africa and Latin America
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies 


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