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Water Soluble Polymer Market 2019 By Regional Industry Trend, Revenue & Growth Forecast To 2024

Author : Rahul Varpe | Published Date : 2019-12-02 

Water soluble polymer market will be majorly driven by product consumption growth in across water treatment vertical and will augment demand for the water soluble polymers during the forecast timeframe. Rising demand for water soluble polymers from oil & gas vertical will further help the growth of water soluble polymer market, as these products are highly employed in reducing the formation of hydrates in oil & gas pipelines.

In further, the growing consumption across verticals like chemicals, pharmaceuticals, mining, textiles, and F&B will further boost the demand for water soluble polymer market over the coming years. Additionally, in most if the developing countries of Latin America, and Asia Pacific, the increasing demand for industrial effluent treatment will further boost this market till the end of the forecast timeframe.

Highly oscillating prices of raw materials of synthetically derived water soluble polymers will act as a unique challenge to existing players. Also, the environmental impacts of these synthetic water soluble polymers will further show a negative impact on the growth of water soluble polymer market and may restrain its growth till the end of the forecast period.

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In 2016, polyacrylamide & copolymers product segment held the largest share. Due to its exceptional solubility, miscibility, non-toxicity, and thermal stability, this product is highly employed in all kinds of wastewater treatment processes, where there is a presence of high suspended solid particulate matter. This product segment will increase at a reasonable CAGR, owing to the eco-friendly nature offered.

Water soluble polymer market by product

  • Polyacrylamide & copolymers
  • Guar gum & derivatives
  • Polyvinyl alcohol
  • Casein
  • Gelatin
  • Polyacrylic acid & copolymers
  • Others

Water soluble polymer market by application

  • Water treatment
  • Detergents & household products
  • Paper making
  • Petroleum
  • Others (Food, etc.)

Water treatment application segment will be the major segment by 2024. High market growth would be primarily assisted by being further beneficial in lessening the toxicity in industrial effluents, helping to reduce industrial wastes, and further attaining sustainability to the environment.

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Asia Pacific water soluble polymer market's was around USD 9 billion in 2016. Massive industrialization in developing economies such as India and China are creating huge wastewater generation, and will further assist the growth of Asia Pacific water soluble polymer market by 2024. In further, robust growth in regional verticals like oil & gas, pharmaceutical, and F&B will make a notable influence on global water soluble polymer growth over coming years.

Major players in this market include: Kemira, BASF, SNF, Ashland, Kuraray, Arkema, Dow, DuPont, LG Chem, and Nitta Gelatin.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

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