According to the latest report by IMARC Group, “Global Water Soluble Polymer Market Analysis: Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global water-soluble polymer market reached a value of US$ 33.77 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 45.88 Billion by 2027, exhibiting a CAGR of 5.10% during 2022-2027.
Water soluble polymers are substances that dissolve, disperse or swell in water and modify the physical properties of the aqueous system in the form of thickening, emulsification, or gelation. They are utilized for cleaning applications with heavy soil loads, moderate temperatures and hard water. They also find applications as suspending agents, dispersants, stabilizers, thickeners, coagulants, flocculants, binders, film formers, humectants and lubricants in an aqueous medium. As a result, water soluble polymers aid in water treatment, food and beverages (F&B), personal care, oil and gas, pulp and paper and pharmaceutical industries all over the world.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Water Soluble Polymer Market Trends and Drivers:
The primary factor driving the market is the rising usage of water-soluble polymers in water treatment plants to remove suspended soil or contaminants from the water. Along with this, water-soluble polymers are also utilized in the oil and gas industry for fracturing, controlling water production, cementing, acidizing, preventing sand production and clay stabilization.
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Additionally, water-soluble polymers are gaining traction as additives to enhance the performance of water-based fluids in proppant transport of loss and fluid in the formation. Furthermore, the pharmaceutical industry is widely using these substances to dissolve drugs, which are insoluble in water and reduce blood viscosity.
Moreover, key players are extensively investing in research and development (R&D) activities with the intent to develop water-based emulsion polymers from biological resources for a clean environment. This, coupled with their focus on synthesizing water soluble polymers from amino acids that can withstand high temperatures, is also propelling the market growth.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Water-Soluble Polymer Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Arkema S.A., Ashland Inc., BASF SE, Dow Inc., DuPont de Nemours Inc., J.M. Huber Corporation, Kemira Oyj, Kuraray Co. Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corporation, SNF and Sumitomo Seika Chemicals Company Ltd.
The report has segmented the market on the basis of region, type, raw material type, and end use industry.
Breakup by Type:
- Polyvinyl Alcohol
- Guar Gum
- Xanthan Gum
- Polyacrylic Acid
- Polyethylene Glycol
Breakup by Raw Material Type:
Breakup by End Use Industry:
- Water Treatment
- Food and Beverage
- Personal Care and Hygiene
- Oil and Gas
- Pulp and Paper
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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