USD 36.34 billion
Water Soluble Polymers Market Size, Share, Growth Analysis, By Raw Material (Synthetic, Natural, Semisynthetic), By Application (Food Processing, Water Treatment), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15E2370 |
Region:
Global |
Published Date: November, 2024
Pages:
265
|Tables:
74
|Figures:
75
Water Soluble Polymers Market Insights
Global Water Soluble Polymers Market size was valued at USD 36.34 billion in 2022 and is poised to grow from USD 38.48 billion in 2023 to USD 57.39 billion by 2031, growing at a CAGR of 5.88% during the forecast period (2024-2031).
Among the polymers used in cleaning and water treatment applications are polyacrylamide, polyacrylic acids, and acrylic copolymers. In the upcoming years, demand is anticipated to be stimulated by rising expenditures in wastewater treatment and industrial water treatment, particularly in developed nations. By 2025, it is anticipated that the market for wastewater recycling would be worth USD 23.4 billion.
Additionally, throughout the projection period, water soluble polymers market participants are projected to benefit greatly from sustainability developments such as bio-based acrylamide and rising demand for polyvinyl alcohol polymers in green packaging for usage in domestic goods, personal care, food, and pharmaceuticals.
US Water Soluble Polymers Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Polyacrylamide
Fastest Growth
Polyacrylamide
Growth Rate
5.88% CAGR
Global Compression Therapy Market ($ Bn)
Country Share for Asia Pacific (%)
Global Compression Therapy Market
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Water Soluble Polymers Market Segmental Analysis
Global Water Soluble Polymers Market is segmented by Raw Material, application, and region. Based on Raw Material the market is segmented into Synthetic, Natural, Semisynthetic. Based on application, the market is segmented into Food Processing, Water Treatment, Paper Making, Detergent, Petroleum, Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Water Soluble Polymers Market Analysis by Application
The segment of applications for water treatment will dominate over the forecast period. Due to the increasing need for effluent treatment, water treatment accounted for the majority of the market in 2022. Growing effluent production from various industrial businesses increases the need for water treatment, which propels market expansion. Strict environmental regulations will aid in the market's expansion as a result of rising ecological concerns in the US, UK, China, and Germany. Environmental rules governing the discharge of wastewater and the quality of drinking water may increase the demand for synthetic polymers.
Global Compression Therapy Market BY Raw Material
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Water Soluble Polymers Market Regional Insights
Rising demand from the wastewater treatment sector is anticipated to be the main driver in the Asia Pacific area. Due to growing environmental concerns and expenditures from corporate and governmental parties to stop ecological harm, the municipal and industrial wastewater treatment industry will increase. Water-soluble polymers are produced and consumed in large quantities in China. Given that the wastewater treatment sector is anticipated to grow over the course of the forecast period, there will likely be an increase in the demand for polymers like polyacrylamide in the region. Polyacrylamide is a common flocculating and coagulating agent in wastewater treatment.
Due to the increased demand from the oil and gas industry, North America is anticipated to see considerable expansion. The oil and gas industry's growing need for these materials is primarily driven by activities including drilling, well completion, production, and improved oil recovery.
The increased customizability offered by these polymers over conventional injection fluids used in improved oil recovery is expected to lead to a rise in demand from the oil and gas sector, which is expected to fuel water soluble polymers market expansion.
Global Compression Therapy Market By Region
- Largest
- Fastest
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Water Soluble Polymers Market Dynamics
Water Soluble Polymers Market Driver
Rising Use in the Oil & Gas Industry
- In the oil and gas business, especially in the upstream and midstream segments, water-soluble polymers are widely used. It is employed in drilling, well completion, cementing, the production of oil and gas wells, the use of diverting agents, well stimulation, the management of deposit formation, and the treatment of oil and oil-contaminated systems.
- Oil companies mainly rely on chemically enhanced oil recovery and hydraulic fracturing processes to reach maximum production levels and meet escalating energy demand.
Water Soluble Polymers Market Restraints
Environmental Effects of Synthetic Water-Soluble Polymer
- High molecular weight polyacrylamide is frequently used as a flocculant in the treatment of wastewater and as a viscosity modifier in improved oil recovery. Overuse and poor management might contaminate the area's water supplies, harming the flora and animals of the area.
- High molecular weight polymers are also less damaging to the environment. However, during the process, these polymers are subjected to a particularly severe mechanical, chemical, and thermal environment. Due to this aspect, high molecular weight materials deteriorate and disintegrate, changing their physical and chemical properties and impeding water soluble polymers market expansion overall.
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Water Soluble Polymers Market Competitive Landscape
The Global Water Soluble Polymers market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase water soluble polymers market share and profitability.
Water Soluble Polymers Market Top Player's Company Profiles
- BASF SE (Germany)
- Ashland Global Holdings Inc. (USA)
- E. I. du Pont de Nemours and Company (USA)
- Kuraray Co. Ltd. (Japan)
- AkzoNobel N.V. (Netherlands)
- SNF Group (France)
- Nitta Gelatin Inc.(Japan)
- CP Kelco (USA)
- The Dow Chemical Company (USA)
- Solvay SA (Belgium)
- Arkema Group (France)
- LG Chem Ltd. (South Korea)
- Wacker Chemie AG (Germany)
- Sumitomo Seika Chemicals Co. Ltd. (Japan)
- Kemira Oyj (Finland)
- Anhui Sunsing Chemicals Co. Ltd. (China)
- The Lubrizol Corporation (USA)
- Shandong Polymer Biochemicals Co. Ltd. (China)
- Gelymar SA (Chile)
- China National Chemical Corporation (ChemChina) (China)
Water Soluble Polymers Market Recent Developments
- In Mar 2022, Kemira started producing a novel polymer at full capacity using biobased feedstock. One of the wastewater treatment facilities operated by Helsinki Region Environmental Services (HSY) received the first commercial quantities for testing. Kemira offers this biomass-balanced polyacrylamide, a water-soluble polymer, as a functionally equivalent alternative for this specific polymer type. These polymers may be used in a number of industries, including the water and energy sectors as well as papermaking applications with significant demand.
- In Nov 2021, a peptide sensor was developed by researchers at the Tokyo Institute of Technology to identify water-soluble polymers in wastewater, a severe problem on par with microplastics. The innovative technique creates a machine learning system that can recognize and quantify several pollutants in a single solution via peptide-polymer bonding.
- In May 2021, LG Chem will start making bio-based polymers at its two factories. On nine bio-balanced products, including SAP, PO (polyolefin), and PC (polycarbonate) compounds, LG Chem earned ISCC Plus accreditation.
Water Soluble Polymers Key Market Trends
- Technological Advances: Ongoing research has enabled new and effective water treatment technologies. Besides, the technological advances might help expand the potential use of water soluble polymers and make them cost-effective.
- Growing Regulatory Pressures: Governments around the world are implementing stringent regulations for water quality and environmental protection. This leads to an increased demand for water treatment solutions and water soluble polymers that help meet the regulatory demands.
Water Soluble Polymers Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.
According to the global water soluble polymers market report analysis, during the projection period, market participants would profit from sustainable technologies such as bio-based acrylamide and rising demand for polyvinyl alcohol polymers in green packaging for domestic goods, personal care products, food, and pharmaceuticals. Due to expanding usage in personal care products, construction materials, household detergents, paint, textiles, and the treatment of municipal and industrial wastewater. Demand for the product might rise in the next years as a result of environmental rules controlling manufacturing business effluent discharge and environmental protection.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 36.34 billion |
| Market size value in 2031 | USD 57.39 billion |
| Growth Rate | 5.88% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Water Soluble Polymers Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Water Soluble Polymers Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Water Soluble Polymers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Water Soluble Polymers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Water Soluble Polymers Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Water Soluble Polymers Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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