Water Soluble Polymer Market (By Product: Polyacrylamide & Copolymers, Guar Gum & Derivatives, Polyvinyl Alcohol, Casein, Gelatin, Polyacrylic Acid & Copolymers; By Application: Water Treatment, Detergents & Household Products, Paper Making, Petroleum) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027
The global water soluble polymer market is anticipated to grow at a CAGR of around 6.0% during the forecast period 2020 to 2027 and to reach around US$ 45.5 Bn by 2027.
Market Dynamics
Flourishing construction sector across the globe, increasing construction and reconstruction activities, coupled with wide applicability of water soluble polymer in plasters as binder resins for inorganic materials and as adhesives, waterproofing agents this is major factor expected to drive the growth of global market. In addition, wide applicability of water soluble polymer in household products, construction, detergents, personal care, food, paints & coatings, and pharmaceuticals is another factor expected to further support the growth of target market.
Major players are focused on business expansion through strategic merger and acquisition this is expected to hell the company to enhance the customer base and increase the profit ratio this is further anticipated to impact the growth of target market.
- In 2018, Vantage Specialty Chemicals, Inc. specialty chemicals manufacturing company acquired LEUNA-Tenside GmbH. This acquisition is expected to help the company to enhance the product portfolio and increase the customer base.
- In 2018, Vantage Specialty Chemicals, Inc. specialty chemicals manufacturing company acquired The Amarna Company a leading manufacturer of a family of patented, next-generation water-based release agents. This acquisition is expected to help the company to enhance the customer base and increase profit ratio.
In addition, players are investing high for R&D activities, coupled with approach towards product development and innovative product offerings is another factor expected to further augment the growth of target market.
- In 2020 Nouryon launched carboxymethyl cellulose (CMC) polymer a sustainable, bio-based water-soluble polymer used as a thickener, binder, stabilizer and film former. This is expected to help the company to enhance the product portfolio and enhance the profit.
- In 2020 BASF a chemical manufacturing company invested million Euros at Ludwigshafen site in order to enhance the production capacity of its water-soluble polyacrylate. The upgraded plant is now operational, enabling customers in the household and commercial cleaning products.
However, factors such as fluctuation in raw material prices and stringent government regulation related to product approval due to high adverse impact on environment are expected to hamper the growth of global water soluble polymer market. In addition, high negative impact on human health of synthetic polymers is expected to limit its adoption further expected to challenge the growth of target market.
High investment by major players for R&D activities and introduction of innovative bio-based polymer products are factor expected to create new opportunities for players operating in the target market over the forecast period. In addition, major players inclination towards developing economies in order to track the untapped market is another factor expected to support the revenue traction of target market.
Water Soluble Polymer Market Segment Analysis, 2019
The global water soluble polymer market is segmented into product and application. The product segment is further bifurcated into polyacrylamide & copolymers, guar gum & derivatives, polyvinyl alcohol, casein, gelatin, polyacrylic acid & copolymers. Among application the water treatment segment is expected to account for significant revenue share in the global market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to rising shale gas production. In addition, high government spending on oil & gas sector, coupled with coupled with rising demand for advanced oil recovery solution is resulting in rising demand for water soluble polymers this is another factor expected to further support the growth of target market in this region.
Asia Pacific is expected to witness faster growth in the near future owing to high demand from water treatment industry. In addition, major player’s inclination towards developing economies in due to easy availability of raw material and low cost labor is another important factor expected to further support the regional market growth.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
|
Market |
Global Water Soluble Polymer Market |
|
Analysis Period |
2016 – 2027 |
|
Base Year |
2019 |
|
Forecast Data |
2020 – 2027 |
|
Market Stratification |
Product, Application, and Geography |
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
|
Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
The market research study on “Water Soluble Polymer Market (Product: Polyacrylamide & Copolymers, Guar Gum & Derivatives, Polyvinyl Alcohol, Casein, Gelatin, and Polyacrylic Acid & Copolymers; Application: Water Treatment, Detergents & Household Products, Paper Making, and Petroleum) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027”, offers a detailed insights on the global water soluble polymer market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global water soluble polymer market segment by product, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global water soluble polymer market size and segment markets by product, application, and geography along with the information on companies operating in the market. The water soluble polymer market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Kemira OYJ, Kuraray Group, E. I. du Pont de Nemours and Company, The Dow Chemical Company, BASF SE, SNF SAS, Ashland Inc, Arkema S.A., Nitta Gelatin Inc., LG Chem Ltd.
Market Segmentation
Market By Product
- Polyacrylamide & Copolymers
- Guar Gum & Derivatives
- Polyvinyl Alcohol
- Casein
- Gelatin
- Polyacrylic Acid & Copolymers
Market By Application
- Water Treatment
- Detergents & Household Products
- Paper Making
- Petroleum
Market By Region
North America
- US
- Canada
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Frequently Asked Questions
Which factor expected to drive the growth of water soluble polymer market?
Flourishing construction sector across the globe, increasing construction and reconstruction activities, coupled with wide applicability of water soluble polymer in plasters as binder resins for inorganic materials and as adhesives, waterproofing agents this is major factor expected to drive the growth of global market.
What will be the market value of water soluble polymer in 2027?
The water soluble polymer market value is anticipated to be worth around US$ 45.5 Bn in 2027.
What will be the growth rate of water soluble polymer market?
The water soluble polymer market is anticipated to grow around 6% CAGR amid the forecast period 2020-2027.
Who are the key players in the market?
The key players operating in water soluble polymer market such as Kemira OYJ, Kuraray Group, E. I. du Pont de Nemours and Company, The Dow Chemical Company, BASF SE, SNF SAS, Ashland Inc, Arkema S.A., Nitta Gelatin Inc., LG Chem Ltd.
Which region is projected to be the fastest markets growth in the global water soluble polymer market?
Asia Pacific is expected to witness faster growth in the global water soluble polymer market.
Which insight provides on the water soluble polymer market?
The report provides insights on global water soluble polymer market segment by product, application, and major geographic regions.
Which regions are included in the water soluble polymer market study?
The water soluble polymer market analysis is provided for major regional market including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Select Licence Type
Connect with our sales team
Why Acumen Research And Consulting
100%
Customer Satisfaction
24x7
Availability - we are always there when you need us
200+
Fortune 50 Companies trust Acumen Research and Consulting
80%
of our reports are exclusive and first in the industry
100%
more data and analysis
1000+
reports published till date
