Global Water Soluble Polymer Market is projected to reach
$52,737.2 million by 2025, growing at a CAGR of 6.0% from 2018 to 2025. The
water soluble polymer market in the Asia-Pacific region accounted for nearly
two-fifths share of the total market revenue in 2017.
Water soluble polymer are hydrocolloids that are widely used in
the waste water treatment, paper industry, petroleum industry, and other industries.
These polymers are widely used in the water treatment plant for separating
solid waste from water. Therefore, they are majorly used in municipal and
industrial waste water treatment. There are numerous water soluble polymers
available in the market. For instance, polyethylene glycol is used as an
inactive ingredient and as a solvent, plasticizer, surfactant, ointments and
suppository base, and tablet and capsule lubricant in the pharmaceutical
industry. Maleic anhydride is another water soluble polymer, which is widely
used in the manufacturing of detergents.
Polyvinylpyrrolidone is a nonionic water-soluble polymer that is
used in various applications such as hair spray and hair gel.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/5089
The key players analyzed in this report are
·
The Dow Chemical Company
·
BASF SE
·
Ashland
·
SNF Group
·
Kemira
·
J.M. Huber Corporation
·
KURARAY CO. LTD.
·
Barzaghi Srl
·
Mitsubishi Chemical Holdings Corporation
·
GELITA AG.
Increase in demand for water soluble polymer in water treatment
in the developing regions, such as Asia-Pacific and LAMEA, drives the growth of
the market. In addition, steady rise in the demand for water soluble polymer in
enhanced oil recovery further supplement the market growth. However, high price
of water soluble polymers is expected to hamper the growth of the market.
Conversely, increase in demand for water soluble polymers in emerging economies
is expected to create lucrative growth opportunities for the market.
Based on type, the market is categorized into polyacrylamide
& copolymers, guar gum & derivatives, polyvinyl alcohol, casein,
gelatin, polyacrylic acid & copolymers and others. The guar gum & derivatives
is the most lucrative segment of the market, owing to its easy availability and
low price. Guar gum & derivatives segment is predicted to hold a share of
over 8% by the end of 2025.
Based on application, the market is segmented into water treatment,
detergents & household products, paper making, petroleum, and others. The
detergents & household products segment is estimated to grow at the highest
CAGR during the forecast period. This segment is predicted to hold a share of
nearly 20% by 2025. The water soluble polymer serves as an anti-redeposition
agent in detergents and household products. Furthermore, large per capita
consumption of detergents & household products in emerging economies has
led to the higher growth of the segment.
According to Onkar Sumant, Manager, Energy & Power at Allied
Market Research, Polymer manufacturers and research institutions across the
globe have heavily invested in developing high-quality, low-price water soluble
polymers. Furthermore, research is conducted on various manufacturing
techniques, which are mediated to increase productivity.
For More Information @ https://www.alliedmarketresearch.com/purchase-enquiry/5089
Key Findings of theWater Soluble Polymer Market:
- Based on
type, the polyvinyl alcohol segment accounted for more than two-fifths
share of the global water soluble polymer market in 2017 in terms of value
- Based on
application, the water treatment segment accounted for nearly two-sevenths
share of the global water soluble polymer market in 2017 in terms of
volume
- Based on
application, the detergents & household products segment is
anticipated to grow with the highest CAGR of 6.5% during the forecast
period in terms of revenue
- U.S.
occupied nearly half share of the North America water soluble polymer
market in 2017 in terms of revenue
In 2017, Asia-Pacific and North America collectively accounted
for more than two-thirds of the global water soluble polymer market, in terms
of value. This is attributed to the decent growth of the water treatment
industry as well as pharmaceutical and food & beverage industries using
water soluble polymers. Furthermore, constant technological advancements due to
heavy investment in R&D is the key factor responsible for introducing new
improved formula in water soluble polymers, which in turn facilitates the
growth of the North America water soluble polymer market. Asia-Pacific
witnessed significant adoption of water soluble polymers in various industries
such as paper industry, waste water treatment, petroleum, food & beverages,
and cosmetics in recent years. Moreover, increased demand for water soluble
polymers from the developing nations, such as China and India, and rapid
urbanization are expected to facilitate the growth of the market.
Access Full
Summery @ https://www.alliedmarketresearch.com/press-release/water-soluble-polymer-market.html
No comments:
Post a Comment