According to a research report published by Spherical Insights & Consulting, the Global Water Soluble Polymers Market Size is Expected to Grow from USD 37.43 Billion in 2023 to USD 63.79 Billion by 2033, Growing at a CAGR of 5.48% during the forecast period 2023-2033.

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Water-soluble polymers are defined as having enough number of electronegative atoms and functional groups that have the ability to form hydrogen bonds with water. Water-soluble polymers can expand or change shape in solution, adsorb on surfaces, and, at low concentrations, make liquids more viscous. Substances known as water-soluble polymers alter their physical properties to come into contact with water. The increasing need for water-soluble polymers in water treatment facilities worldwide is the main factor driving the market for these materials. The growing demand for bio-based and renewable polymers is the key factor propelling revenue growth in the market for water-soluble polymers. Compared to their synthetic counterparts, these polymers are less damaging to the environment because they are made from natural materials. The need for bio-based and renewable polymers is rising as a result of efforts to lessen carbon emissions and growing environmental concerns. However, in wastewater treatment, high molecular weight polyacrylamide is commonly employed as a flocculant and as a viscosity modifier in increased oil recovery. The area could be harmed by use and inadequate management, which could contaminate neighboring water supplies.

Browse key industry insights spread across 210 pages with 120 Market data tables and figures & charts from the report on the Global Water Soluble Polymers Market Size, Share, and COVID-19 Impact Analysis, By Raw Material (Synthetic, Natural, and Semisynthetic), By Application (Food Processing, Water Treatment, Paper Making, Detergent, Petroleum, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The synthetic segment is predicted to hold the largest market share through the forecast period.                                                                                                                                   Based on the raw material, the water soluble polymers market is classified into synthetic, natural, and semisynthetic. Among these, the synthetic segment is predicted to hold the largest market share through the forecast period. The primary applications for synthetic polymers are in wastewater treatment, industry, and municipalities. The removal of bacteria, viruses, grease, surfactants, nitrogenous and phosphorous compounds, and heavy metals from urban sewage is a common step in the treatment of industrial wastewater

The water treatment segment is anticipated to hold the highest market share during the projected timeframe. 

Based on the application, the water soluble polymers market is divided into food processing, water treatment, paper making, detergent, petroleum, and others. Among these, the water treatment segment is anticipated to hold the highest market share during the projected timeframe. The market is expanding due to more manufacturing enterprises are producing wastewater, which is driving up demand for the water treatment process. The demand for synthetic polymers may rise as a result of environmental regulations pertaining to drinking water quality and wastewater discharge.

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Asia Pacific is anticipated to hold the largest share of the water soluble polymers market over the forecast period.

Asia Pacific is anticipated to hold the largest share of the water soluble polymers market over the forecast period. Rising demand from a number of end-use industries, such as food and beverage, oil and gas, and water treatment, is the main driver of the demand for water-soluble polymers in Asia-Pacific. The need for water-soluble polymers is expected to rise as a result of the region’s rapid industrialization and urbanization, as well as raising awareness of and emphasis on environmental practices. Additionally, the Asia-Pacific market is expected to grow as a result of higher R&D spending to produce new and superior water-soluble polymers with improved properties.

North America is predicted to have the highest CAGR growth in the water soluble polymers market over the forecast period. The majority of the expanding demand for these products in the oil and gas sector is attributed to enhanced oil recovery, production, well completion, and drilling operations. As fracturing technology in the United States progresses, the enhanced oil recovery method is expected to play a significant role in oil and gas extraction operations, driving the regional market’s growth. The oil and gas industry’s growing demand is anticipated to propel market expansion since these polymers provide greater customization than other injection fluids utilized in enhanced oil recovery.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the water soluble polymers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major key players in the water soluble polymers market include Ashland Global Holdings Inc., Arkema, The Dow Chemical Company, LG Chem, Nitta Gelatin, NA Inc., SPCM, Nuoer Group, DuPont, Nutrition & Biosciences, Kuraray Co., Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corporation, BASF SE, Gantrade Corporation, and Others

Recent Developments

• In August 2024, SNF declared that it has inked contracts to buy PfP Industries and Ace Fluid Solutions. The company wants to provide its upstream oil and gas clients with cutting-edge solutions. Ace Fluid Solutions creates cutting-edge fluid management systems, whereas PfP Industries focuses on slurry friction reducer technology and associated applications.

• In January 2024, SNF Group sought to expand its Oman production capacity. To support the Sultanate of Oman, the organization pledged USD 250 million as part of its expansion strategy. Through the establishment of a regional SNF Technical Centre in Muscat in 2024, SNF hopes to serve as a hub for research and development throughout the Gulf. The goal of SNF is to give its clients the most up-to-date polymer knowledge accessible globally, and this facility will help achieve that goal.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the water soluble polymers market based on the below-mentioned segments:

Global Water Soluble Polymers Market, By Raw Material

• Synthetic
• Natural
• Semisynthetic

Global Water Soluble Polymers Market, By Application

• Food Processing
• Water Treatment
• Paper Making
• Detergent
• Petroleum
• Others

Global Water Soluble Polymers Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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