Water Soluble Polymers Market to Reach US$29.6 billion by 2019

Mounting environmental concerns witnessed around the world have spurred the demand for water treatment services from industrial as well as urban sectors. This subsequently boosts the market for water soluble polymers, states a new report published by Transparency Market Research (TMR). The report is titled “Water Soluble Polymers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019” and is available on the company website for sale.The report presents a comprehensive overview of the global water soluble polymers market. It provides insights into the growth drivers and restraints that will impact the market’s growth trajectory during the forecast period 2013-2019.

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Based on the survey conducted in the making of the report, the report pegs the global water soluble polymers market at US$23.4 bn in 2012. The market, according to the report, will reach an estimated valuation of US$29.6 bn by the end of 2019. If the figures hold true, the global water soluble polymers market will exhibit a CAGR of 5.90% between 2013 and 2019. Volume-wise, the market stood at 5,483.8 kilo tons in 2012.

Among the most common types of raw materials used, including synthetic, semi-synthetic, and natural, the research reveals that synthetic water soluble polymers held over 60% of the global water soluble polymers market. Some of the most commonly used variants of polymers worldwide are gelatin, polyacrylic acid, polyvinyl alcohol, polyacrylamide, guar gum, and casein. Other polymers witnessing positive demand in the market are polyamines, PEG, polysaccharides, PVP, and quaternary ammonium compounds. Of these, the report projects the polyacrylamide product segment to exhibit the fastest CAGR, 7.40% between 2013 and 2019. In 2012, the segment held almost 23.7% of the market in terms of volume.

The report provides a comprehensive overview of the global water soluble polymers market and presents insights into the factors driving and restraining the market. To present a holistic overview of the market, the report also studies the prevailing competitive landscape of the global water soluble polymers market. BASF SE, Kemira, Kuraray, SNF, and Ashland Inc. are the key vendors operating in the market. It is interesting to note here that over 70% of the highly consolidated global water soluble polymers market is held by the top three companies. The leading companies operating in the market are profiled in the report to with an aim to analyze the market’s prevailing competitive landscape.

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Regionally, Asia Pacific dominates the global market for water soluble polymers, followed by Europe. North America and Rest of the World together held nearly 31% of the global water soluble polymers market. During the forecast period, Asia Pacific is expected to maintain its dominance in the market and exhibit growth in demand for water soluble polymers at the fastest pace of all regional segments.

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This release was published on openPR.