The Water Soluble
Polymer Market is estimated at $ 33,096.8 million in 2017 and is projected to
grow at an annual CAGR of 6.0% from 2018 to 2025, reaching $ 52,737.2 million
by 2025. The market for water-soluble polymers in the Asia-Pacific region
accounted for 2/5 of the total market revenues in 2017.
Water-soluble
polymers are hydrocolloids widely used in wastewater treatment, paper industry,
petroleum industry and other industries. These polymers are widely used in
water treatment plants to separate solid waste from water. Therefore, they are
mainly used in urban and industrial wastewater treatment. There are many
commercially available water-soluble polymers. For example, polyethylene
glycols are used as inactive ingredients and solvents, plasticizers,
surfactants, ointments and suppository bases, refining and capsule lubricants
in the pharmaceutical industry. Maleic anhydride is another water-soluble
polymer widely used in detergent manufacture.
Polyvinylpyrrolidone
is a nonionic water soluble polymer used in a variety of applications such as
hair sprays and hair gels.
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.
Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/5089?utm_source=sy-Openpr
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.
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.
Get Discount UP To 25% * Offer Till 31st Dec 2018@ https://www.alliedmarketresearch.com/purchase-enquiry/5089?utm_source=sy-Openpr
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/water-soluble-polymer-market?utm_source=sy-Openpr
No comments:
Post a Comment