Global Water Soluble Polymers Market is Estimated to Reach $XX Billion by 2025, Says Accurize Market Research
Global water soluble polymers market report published by Accurize Market Research forecast that the global market is expected to reach $XX billion by 2025 from XX Billion in 2017; growing at a CAGR of XX% from 2017 to 2025. By geography, Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Growing water treatment plants across the globe to drive the growth of the market
Rise waste water treatment processes in several industrial activities around the world and high utilization in petroleum exploration activities fuel the demand for the global water soluble polymers market. Moreover, mounting consumption in various industries like personal care, textiles, food & beverages, & mining, and growing demand in the emerging nations also boost the growth of the market.
The global water soluble polymers market has been bifurcated on the basis of material type, physical form, end use industry, and geography. The material type segment comprises natural, synthetic, and mixed. Physical form contains solutions, powder, and emulsion. Further, market is bifurcated by end use industry into mining industry, food processing industry, paper industry, petrochemical and oilfield industry, personal care industry, water treatment, textile industry, and other industries.
By geography the market is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, and Rest of Europe. Asia-Pacific is segmented into China, India, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
“Synthetic accounted for the largest market share in the material type segment", says Accurize
By material type, synthetic accounted for the largest market share in 2017and is expected to continue its dominance during the forecast period 2017 – 2025. The growth is attributed to high use of synthetic water soluble polymers in many waste water treatment processes. These are widely used to dewater sludge in treating several types of wastewater.
“Solutions accounted for the largest market share in the physical form segment", says Accurize
By type, solutions segment accounted for the largest market share in 2017and is expected to continue its dominance during the forecast period 2017 – 2025. The growth is attributed to high utilization of solutions of water soluble polymers in variety of end use industries.Water treatment accounted for the largest market share in 2017, in the physical form segment, and is expected to continue its dominance during the forecast period 2017 – 2025. The growth is attributed to growing ecological concerns coupled with execution of strict environmental standards in many countries
"Asia-Pacificdominated the global market with the highest market share over the forecast period", says Accurize
In 2017, Asia-Pacific dominated the global market with largest market share of 36% and expected to continue its dominance during the forecasted period. The growth is attributed to growing food & beverages, and development of personal care and pharmaceuticals industry in India, China, and Indonesia. Growth in waste water treatment industry in India due to supportive government policy supporting private investments in projects is also expected to stimulate demand.
Top players in the market
The key market players include Nitta Gelatin Inc., Arkema SA, Ashland, E. I. du Pont de Nemours and Company, The Dow Chemical Company, BASF SE, SNF Group, KemiraOyj, Kuraray Co., Ltd., and LG Chem Ltd., among others.
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