Water Soluble Polymer Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
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Water Soluble Polymer Market Size, Share, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2023-2028
The Water Soluble Polymer Market is segmented by Type (Polyacrylamide, Polyvinyl Alcohol, Guar Gum, Gelatin, Xanthan Gum, Polyacrylic Acid, Polyethylene Glycol, and Other Types), by End-User Industry Type (Water Treatment, Food and Beverage, Personal Care, and Hygiene, Oil, and Gas, Pulp and Paper, Pharmaceutical, and Other End-User Industries), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, Italy, and Rest of Europe], Asia-Pacific [China, Japan, India, South Korea, and Rest of Asia-Pacific], and Rest of the World [Brazil, Argentina, and Others]).
The Water Soluble Polymer Market is segmented by Type...
The Water Soluble Polymer Market is expected to grow from USD 44.93billion in 2022 to USD 62.31billion by 2028 at a CAGR of 5.50% during the forecast period.
Water-soluble polymers tend to dissolve in water and are defined as having an adequate number of electronegative atoms and/or functional groups that can form hydrogen bonds with water. Water-soluble polymers can swell or change shape in solution, increase the viscosity of solvents at low concentrations, and adsorb at surfaces.
Market Dynamics
Growing application of the product for drilling, improved oil recovery, mining, wastewater treatment, and food, and increasing demand for water-soluble polymers as stabilizers, thickeners, film formers, emulsifiers, rheology modifiers, lubricity aids, and conditioners will boost industry growth over the forecast period.
Water Soluble Polymer Market Report Overview
Market Size in 2028
USD 62.31 billion
Market Size in 2022
USD 44.93 billion
Market Growth (2023-2028)
5.50% CAGR
Base Year of Study
2022
Trend Period
2017-2021
Forecast Period
2023-2028
Covid-19 Impact
Water soluble polymer, a sizeable market, witnessed a colossal decline amid the pandemic. However, the industry gradually started to rebound from the year 2021 with the recovery in end-use industries. The COVID-19 pandemic's effect on the market growth of end-use industries and disruptions in their supply chain, along with stringent government regulations on polymer consumption, are anticipated to restrain the market's expansion.
Segments Analysis
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The market is segmented into the following categories-
By Type
Polyacrylamide
Polyvinyl Alcohol
Guar Gum
Gelatin
Xanthan Gum
Polyacrylic Acid
Polyethylene Glycol
Other Types
By End-User IndustryType
Water Treatment
Food and Beverage
Personal Care and Hygiene
Oil and Gas
Pulp and Paper
Pharmaceutical
Other End-User Industries
By Region
North America
Europe
Asia-Pacific
Rest of the World
By Type
The water soluble polymer market is segmented as polyacrylamide, polyvinyl alcohol, guar gum, gelatin, xanthan gum, polyacrylic acid, polyethylene glycol, and other types. Polyacrylamide is expected to remain the dominant type in the market during the forecast period owing to an increase in consumption of the product’s type in drilling and pulp and paper. Over the forecast period, the increasing use of coagulants and flocculants in wastewater treatment as well as the mining industry is anticipated to drive the demand for polyacrylamide water soluble polymers in the market.
By End-User Industry Type
The market is segmented as water treatment, food & beverage, personal care and hygiene, oil and gas, pulp and paper, pharmaceutical, and other end-user industries.The water treatment industry is expected to remain the biggest demand generator for water soluble polymers in the market during the forecast period owing to a wide range of uses for water treatment, such as accomplishing demands for industrial, pharmacological, household, agricultural, and medical applications.
Regional Analysis
Asia-Pacific is expected to remain the largest as well as the fastest-growing region in the market for water soluble polymer during the forecast period owing to the substantial demand coming from economies such as China, India, and Japan. The region is also a leader in the water and wastewater sectors across the world.
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Key Players
The following are the key players in the water soluble polymer market:
DuPont
Ashland
CP Kelco US Inc.
Arkema Group
SNF Group
BASF SE
Gantrade Corporation
Kemira
Kuraray Co. Ltd
Merck KGaA
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s water soluble polymer market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Water Soluble Polymer Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Report Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
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The growing application of the product for drilling, improved oil recovery, mining, wastewater treatment, and food, and increasing demand for water soluble polymers as stabilisers, thickeners, film formers, emulsifiers, rheology modifiers, lubricity aids, and conditioners are expected to fuel the market growth in the coming years.
Asia-Pacific is estimated to remain dominant in the water soluble polymer market in the foreseen future. The key economies driving the region’s demand for water soluble polymers are China, India, and Japan. The region is also a leader in the water and wastewater sectors across the world.
The water treatment industry is expected to remain the dominant application for water soluble polymer in the market during the forecast period owing to a wide range of uses of water treatment, such as accomplishing demands for industrial, pharmacological, household, agricultural, and medical applications.
DuPont, Ashland, CP Kelco US Inc., Arkema Group, SNF Group, BASF SE, Gantrade Corporation, Kemira, Kuraray Co. Ltd, and Merck KGaA are the leading players in the water soluble polymer market.