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Water Soluble Polymer Market 2024 Global Key Players BASF, SNF SAS, Ashland Inc, Arkema S.A., Kemira OYJ, Kuraray Group, E. I. du Pont de Nemours and Company, Dow Chemical, Nitta Gelatin Inc. and LG Chem Ltd
Water Soluble Polymer Market
The rising demand from oil & gas industry for reducing the hydrate formation in the oil pipelines will further complement the global water soluble polymer market size during the forecast timeframe. High growth in consumption in the water treatment industry will augment the demand for these products throughout the forecast years.
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Water Soluble Polymer Market size will exceed USD 38 billion by 2024; according to a new research report by Global Market Insights, Inc. These polymers are used in various industry verticals such as pharmaceuticals, chemicals, mining, F&B and textiles. High growth in consumption of these products across all these industry verticals will drive their demand, and will eventually drive the demand throughout the forecast period. In further, the rising demand for wastewater treatment in the developing nations of Asia Pacific and Latin America will give a significant boost to water soluble polymer market size.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. BASF SE
2. SNF SAS
3. Ashland Inc
4. Arkema S.A.
5. Kemira OYJ
6. Kuraray Group
7. E. I. du Pont de Nemours and Company
8. The Dow Chemical Company
9. Nitta Gelatin Inc.
10. LG Chem Ltd.
This market is also subjected to some restraints over the forecast period. Fluctuating raw material prices will likely present a significant challenge to the existing players. This market will also be liable to hinder, due to bearing a threat of showing negative impacts on the environment as well as humans.
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Polyacrylamide & copolymers held the largest water soluble polymer market share in 2016. The product is primarily used for its excellent thermal stability, solubility, high miscibility, and non-toxicity. They are mainly utilized in treating wastewater, where there are more suspended solid particles. This segment is projected to grow at a moderate CAGR due to its eco-friendly features.
Growing concerns against water-pollution have led to the devising of stricter laws and regulations to take the initiative against wastewater generation, which will show a positive impact on the water soluble polymer market share by the end of 2024.
In 2016, the Asia Pacific regional market size was close to USD 9 billion. Substantial market share along with a decent growth rate by 2024 will be due to rapid industrialization in China and India, and massive wastewater generation. Furthermore, strong growth indicators in regional F&B, pharmaceutical and oil & gas will create a remarkable contribution to the water soluble polymer market growth in the coming years.
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Water soluble polymer market by product
o Polyacrylamide & copolymers
o Guar gum & derivatives
o Polyvinyl alcohol
o Casein
o Gelatin
o Polyacrylic acid & copolymers
o Others
Water soluble polymer market by application
o Water treatment
o Detergents & household products
o Paper making
o Petroleum
o Others (Food, etc.)
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
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