Water Soluble Polymers Market Rising With Growth In New Technology Trends Research By 2022



The global water soluble polymers market is expected to reach USD 43.79 billion by 2022, according to a new report by Grand View Research, Inc. Increasing demand for water soluble Polymers in water treatment, EOR techniques, drilling and fracking is expected to increase market size over the next seven years.
Growing personal care and detergents sector in various countries including India, China, U.S., and Saudi Arabia is likely to increase demand. Increasing usage of water soluble Polymers as dispersing and suspending agents, gellants, stabilizers, flocculants and coagulants, film-formers, thickeners, humectants, binders and lubricants will drive industry growth. Mounting consumption in various sectors including paper, mining, agriculture, and textile is expected to drive demand over the forecast period.
Rising environmental concern and increasing efforts to modernize municipal water treatment facilities on account of strict waste water management and municipal water standards is expected to augment industry growth. Asia Pacific is expected to witness high growth as a result of booming food & beverage sector, increasing investment by companies along with growing number of manufacturing facility by BASF and SNF in China. However, fluctuating raw material prices is expected to restrict growth over the next seven years.
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https://www.grandviewresearch.com/industry-analysis/water-soluble-polymers-market/request/rs4
The global industry is highly competitive with major companies involved in constant product innovation and R&D activities. Key players include Ashland Inc., Arkema SA, DuPont, The Dow Chemical Company, BASF, Gantrade, Nitta Gelatin Inc., Kuraray Group, SNF Group, Kemira Oyj, AkzoNobel, Gelita AG, Shandong polymers Bio-chemicals Co. Ltd., Sumitomo Seika Chemicals Company, and CP Kelco.
Further key findings from the study suggest:
·         Global water soluble Polymers market demand was 6,039.4 kilo tons in 2014 and is expected to grow at a CAGR of 5.8% from 2015 to 2022.
·         In 2014, guar gum was the largest product segment and is expected to grow on account of increasing demand from convenience foods along with oil & gas industry. In addition, mounting pharmaceutical demand as a result of various technological advancements is further expected to augment guar gum consumption.
·         Oil & gas sector was the second largest application segment in 2014 with demand over 840.0 kilo tons on account of increasing drilling and fracking activities primarily in U.S., China, Argentina, Algeria and Australia. In addition, regulatory support for exploration, development and production of shale gas in order to meet the rising need for natural gas is expected to drive demand.
·         Asia Pacific was the largest market in 2014 and is expected to witness swift growth, at an estimated CAGR of 7.0% in terms of volume from 2015 to 2022, owing to increasing industrialization, rising water quality standards along with growing environmental concerns regarding wastewater treatment mainly in China, India and Indonesia.
·         The key market players include SNF Group, Ashland Inc., Arkema SA, DuPont, The Dow Chemical Company, BASF, Gantrade, Nitta Gelatin Inc., Kuraray Group, Kemira OYJ, AkzoNobel, Gelita AG, and Shadong Polymers Biochemicals Co. Ltd. Various companies are developing biodegradable Polymerss such as Polyaspartic acid (PASA) which is expected to open new growth avenues. 

SNF Group offers various polymers having wide applications in mining, paper, cosmetic and petroleum sector. Ashland Nexton offers unique textures in gypsum, cement, and latex-based products thereby improving cohesiveness, workability, and appearance of building material. AkzoNobel Alcoguard uses innovative hybrid bio-polymers technology which offers effective performance and an improved environmental profile for detergent sector.
Oil & gas is expected to grow at a CAGR of 6.4% in terms of revenue from 2015 to 2022 on account of growing shale gas production in various countries including U.S., Canada, Mexico, China, Australia, Africa, Argentina, and Brazil. Also, increasing drilling and completion activities in U.S., UK, Brazil, China, and Canada is further expected to fuel market size. Increasing pharmaceuticals industry in U.S., China, and India is predicted to offer substantial opportunity for growth.
Browse Press Release of this report:
https://www.grandviewresearch.com/press-release/global-water-soluble-polymer-market
Water soluble polymers market includes various product segments including polyacrylamide, polyvinyl alcohol, guar gum, polyacrylic acid, cellulose ether, gelatin, casein, xanthan gum and others including polyethylene glycol, polyamides, maleic anhydride, and polyvinylpyrrolidone (PVP).
Polyacrylamide was the largest segment and accounted for over 25.0% of the market volume in 2014 and will witness major growth over the forecast period in light of increasing consumption in pulp & paper and drilling activities. Growing usage of coagulants and flocculants in wastewater treatment along with mining sector is expected to spur demand for polyacrylamide over the forecast period.
Grand View Research has segmented the global water soluble Polymers market on the basis of product, application:
Water Soluble Polymers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·         Polyacrylamide
·         Polyvinyl alcohol
·         Guar gum
·         Cellulose ether
·         Gelatin
·         Xanthan gum
·         Casein
·         Polyacrylic acid
·         Others
Water Soluble Polymers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
·         Water treatment
·         Food
·         Personal care & detergents
·         Oil & gas
·         Pulp & paper
·         Pharmaceuticals
·         Others

About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


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