Water Soluble Polymer Market Future Looks Bright for Market Size with Soaring Projections | Huber Corporation, Kuraray Co., Ltd., Barzaghi Srl

The global water soluble polymer market accounted for a revenue of $33,096.8 million in 2017 and is anticipated to generate $52,737.2 million by 2025, growing at a CAGR of 6.0% from 2018 to 2025. Water soluble polymers are a large class of polymers that are included in the specialty chemicals category. These are extensively used in numerous applications from water treatment to paper making processes. These are basically organic compounds that dissolve, scatter, and swell in water and thus, enhance the physical properties of aqueous systems. These are largely used as a thickening agent, lubricant, oil recovery agent, super absorbent, suspending agent, binder, and others. Furthermore, the use of water soluble polymer in the food & beverage industry and pharmaceutical industry has experienced significant growth in the last decade.

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The growth of the global water soluble polymer market is driven by increase in demand for water soluble polymers in water treatment in developing countries, such as China, India, and Brazil. Furthermore, rise in demand for water soluble polymer in enhanced oil recovery is expected to boost the water soluble polymer market. However, high cost associated with the production of water soluble polymer and increase in prices of raw materials, are expected to hamper the growth of the market. Economic development is expected to play a major role in the market, as water treatment plants have become a necessity in cities. Use of pharmaceutical products and processed food & beverages is expected to increase in the developing nations, thereby creating numerous growth opportunities for the market.

The global water soluble polymer market is segmented based on type, application, and region. Based on type, it is categorized into polyacrylamide & copolymers, guar gum & derivatives, polyvinyl alcohol, casein, gelatin, polyacrylic acid & copolymers, and others. By application, the market is divided into water treatment, detergents & household products, paper making, petroleum, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed in this report areThe Dow Chemical Company, BASF SE, Ashland, SNF Group, Kemira, J.M. Huber Corporation, Kuraray Co., Ltd., Barzaghi Srl, Mitsubishi Chemical Holdings Corporation, and Gelita AG.

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Key Benefits for Water Soluble Polymer Market:

This report entails a detailed quantitative analysis of the current market trends from 2018 to 2025 to identify the prevailing opportunities along with a strategic assessment of the global water soluble polymer market
Market size and estimations are based on comprehensive analyses of the source type, application, and developments in the industry
A qualitative analysis based on innovative products and devices facilitate strategic business planning
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market

COVID-19 Impact

In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.

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The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.

Water Soluble Polymer Key Market Segments:

By Type

Polyacrylamide & Copolymers
Guar Gum & Derivatives
Polyvinyl Alcohol
Casein
Gelatin
Polyacrylic Acid & Copolymers
Others

By Application

Water Treatment
Detergents & Household Products
Paper Making
Petroleum
Others

By Region

North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Russia
Norway
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Argentina
Saudi Arabia
South Africa
Rest of LAMEA

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This release was published on openPR.