Global Water Soluble Polymer Market Overview 2023-2028
IMARC Group, a leading market research company, has recently releases report titled “water-soluble polymer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global water-soluble polymer market trends, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global water soluble polymer market size reached US$ 35.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.1 Billion by 2028, exhibiting a growth rate (CAGR) of 4.9% during 2023-2028.
A water-soluble polymer is a chemical compound that is designed to disperse in water and form a stable solution or gel-like substance. It has the ability to modify the physical and chemical properties of water-based systems. It offers a sustainable solution as it can be easily dissolved and does not leave harmful residues. It assists in enhancing viscosity, improving stability, and providing functional benefits to diverse products and processes. As a result, water soluble polymer is widely employed in oil and gas, food and beverage (FB), pharmaceuticals, and cosmetics industries around the world.
Global Water Soluble Polymer Market Trends and Drivers:
At present, the rising demand for convenience and performance-enhancing products in the food and beverage industry represents one of the primary factors strengthening the growth of the market. Besides this, the escalating demand for water treatment solutions due to the rising water scarcity across the globe is offering a positive market outlook. Additionally, the increasing adoption of water-soluble polymers in wastewater treatment processes, as they aid in coagulation, flocculation, dewater sludge, and enhance the overall efficiency of treatment systems, is supporting the growth of the market. Moreover, the rising demand for hydraulic fracturing operations in the oil and gas industry is bolstering the growth of the market. Furthermore, the increasing focus on sustainable and green solutions is contributing to the growth of the market.
Global Water Soluble Polymer Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: Arkema S.A., Ashland Inc., BASF SE, Dow Inc., DuPont de Nemours Inc., J.M. Huber Corporation, Kemira Oyj, Kuraray Co. Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corporation, SNF and Sumitomo Seika Chemicals Company Ltd.
The report segmented the market on the basis of region, type, raw material type, and end use industry.
Breakup by Type:
- Polyvinyl Alcohol
- Guar Gum
- Xanthan Gum
- Polyacrylic Acid
- Polyethylene Glycol
Breakup by Raw Material Type:
Breakup by End Use Industry:
- Water Treatment
- Food and Beverage
- Personal Care and Hygiene
- Oil and Gas
- Pulp and Paper
Breakup by Region:
- North America
- United States
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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