Water Soluble Polymer Market to accrue lucrative gains over the forecast timeframe

Global Market Insights, Inc present the report on global Water Soluble Polymer Market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research.

It is quite vivid that the wastewater treatment segment accounts for a major proportion of water soluble polymer market share. In fact, in 2016, as per estimates, water treatment dominated the application spectrum of water soluble polymer industry, covering close to 25% of the overall revenue share, driven by the stringent enforcement of regulations pertaining to water safety. The rising demand for water treatment processes due to effluents released by manufacturing companies is certain to further augment this end-use domain, slated to grow at a CAGR of around 6% over 2017-2024.

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Speaking along the same lines, it is noteworthy to mention that the rising number of plastic and aluminum sachets have had a rather hazardous impact on the environment. As per estimates, between 500 billion to 1 trillion plastic bags are consumed across the globe, and merely a few minutes later, most of them end up in the dumpster. Pertaining to the same, three undergrads from the Indian Institute of Technology, Chennai, have brainstormed a printable three thin-layered sachet encompassing starch, PVA, cellophane, and a water-soluble synthetic polymer that is being touted as the best biodegradable solution to plastic. If and when these eco-friendly sachets are sponsored and commercialized, they are likely to have a commendable impact on water soluble polymer market trends.

Besides water treatment, the application spectrum of water soluble polymer industry is inclusive of papermaking, detergents & household products, and petroleum. Numerous companies have been undertaking appreciable efforts to ensure the development of a unique, flexible product portfolio that would have a massive impact on the revenue graph of this business vertical in addition to supporting environmental causes. Endorsed by a favorable regulatory landscape, water soluble polymer market size is likely to be pegged at a valuation exceeding USD 38 billion by the end of the year 2024.

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

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Tagged as one of the most iconic breakthroughs water soluble polymer market has witnessed this year, the launch of Butenediol Vinyl Alcohol Co-polymer (BVOH), a high-performance water-soluble support material can be attributed to the efforts of the R&D association at Verbatim – one of prominent subsidiaries of Mitsubishi Chemical Holdings Group. The firm’s commitment toward developing material for 3D printing has inadvertently caused a stir in the product landscape of water soluble polymer industry.

According to Verbatim, BVOH enables successful printing of complex objects with 3D printers and is endowed with dual extrusion and quick dissolve time as well. Verbatim views BVOH as a major disruption in the 3D printing arena that would enable designers to swiftly realize 3D models, which would, by extension, increase the demand for BVOH. In effect, this would have a perpetual impact on the commercialization scope of water soluble polymer market in the years to come.

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One of the most eminent factors contributing toward the growth of water soluble polymer industry size is the increased number of regulations mandated by authoritative bodies, especially in emerging economies, with respect to water purity maintenance and waste discharge from manufacturing sites. With the rising amount of waste disposal leading to water pollution, the demand for waste water treatment will continue to surge, which would lead to the genesis of a lucrative growth avenue for water soluble polymer market.

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