![Global Water Soluble Polymers Market](https://res.cloudinary.com/devmoveo/image/upload/v1706530435/skyquest/report/phpqgA1mI.jpg)
Report ID: SQMIG15E2370
Report ID:
SQMIG15E2370 |
Region:
Global |
Published Date: July, 2001
Pages:
265
|
Tables:
74 |
Figures:
75
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.
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REQUEST FREE CUSTOMIZATIONWater Soluble Polymers Market size was valued at USD 31.53 billion in 2019 and is poised to grow from USD 33.37 billion in 2023 to USD 54.33 billion by 2031, growing at a CAGR of 5.76% in the forecast period (2024-2031).
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Report ID: SQMIG15E2370