Water Soluble Polymers Market Size, Share, Growth Analysis, By Raw Material(Synthetic (Polyacrylamide, PVA, Polyacrylic Acid, Others)), By Application(Food Processing, Water Treatment, Paper Making, Detergent), By Region - Industry Forecast 2024-2031

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.