Water Soluble Polymer Market Analysis | 2023-2028

Market Insights

The Water Soluble Polymer Market is expected to grow from USD 44.93 billion in 2022 to USD 62.31 billion by 2028 at a CAGR of 5.50% during the forecast period.

Wish to get a free sample? Register Here

What are water soluble polymers?

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.

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 Industry Type

• 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.

Want to know which region offers the best growth opportunities? Register Here

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?

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