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.
Polyacrylamide was the largest segment in 2014
and is expected to gain market share in light of increasing consumption in
drilling activities, waste water treatment along with the pulp & paper
sector. Polyacrylamide is expected to witness fastest growth at a CAGR of 6.5%
from 2015 to 2022 on account of growing consumption in mining and waste water
treatment owing to stringent environmental regulations
View
summary of this report @ http://www.grandviewresearch.com/industry-analysis/water-soluble-Polymers-market
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.
Browse
more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/plastics-polymers-and-resins
Grand View Research has segmented the global water soluble Polymers market on the basis of product, application and region:
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
Water Soluble Polymers Regional Outlook (Volume, Kilo Tons; Revenue,
USD Million, 2012 - 2022)
·
North America
o
U.S.
o
Europe
o
Germany
·
Asia Pacific
o
China
o
India
·
Latin America
o
Brazil
·
MEA
For
press release of this report - http://www.grandviewresearch.com/press-release/global-water-soluble-polymer-market
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