The Global Water-Soluble Polymers market is forecast to reach USD 65.35 Billion by 2027, according to a new report by Reports and Data.
New York, NY -- (SBWIRE) -- 03/11/2021 -- The Global Water-Soluble Polymers market is forecast to reach USD 65.35 Billion by 2027, according to a new report by Reports and Data. Water-soluble polymers can be defined as a highly varied families of products of synthetic or natural origin. These polymers have a wide range of applications. Among these families, synthetic polymers, particularly flocculants and coagulants, are applied for supporting the process of separation of materials suspended in aqueous media. It is also effective in dewatering sludge from different separation processes. Among its various other applications, it is also used in textiles, papermaking, and various coatings. In various medical applications, PVA is used as it has a low tendency for protein adhesion, low toxicity, and biocompatibility. Its particular medical uses include uses in eye drops, contact lenses, and cartilage replacements. Polyvinyl alcohol is used as a support in suspension polymerizations. It finds extensive application in regions like China, wherein it is widely used as a protective colloid to make polyvinyl acetate dispersions. This polymer also used in photographic film, and in the medical sector, it is used as the embolic agent in a UFE (Uterine Fibroid Embolectomy).
Furthermore, the report is furnished with the latest impact of the COVID-19 pandemic on the market. The pandemic has affected every segment of the market, along with bringing disruption in the supply chain, demands & trends, and financial difficulties. The report covers the initial and future assessment of the COVID-19 impact on the market.
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Further key findings from the report suggest
The Water-Soluble Polymers market held a market share of USD 39.48 Billion in the year 2019 that is forecasted to grow at a rate of 6.3% during the forecast period.
In context to Product Type, the Guar Gum segment is projected to witness a considerable growth rate of 8.1% during the forecast period, which is expected to occupy more than 15.0% of the market by 2027. The expanding pharmaceutical and food & beverage sector is resulting in its growing demand. Guar gum is used in treating irritable bowel syndrome, diarrhea, diabetes, obesity, reducing cholesterol in the healthcare sector along with binding, suspending, thickening, and stabilizing in foods and beverages industry, which contributes to the growth rate witnessed by this segment.
In context to Raw Material, the Natural segment is projected to witness a considerable growth rate of 6.8% during the forecast period, which is expected to hold more than 25.0% of the market by 2027. The growing demand for products made from natural sources among consumers would result in growing demand for these polymers made from natural sources, which contributes to the growth rate witnessed by this segment. There are various natural sources from which this polymer can be manufactured, like Pectins, Dextran among others.
In regards to End-user, the Water Treatment segment held a considerable share of the market of more than 25.0% in 2019, with a CAGR of 6.5% during the forecast period. The effectiveness of this polymer in cleaning applications wherein it can be applied in hard water conditions, high soil loadings along with elevating emphasis on wastewater treatment have resulted in high demand for this polymer in the Water Treatment segment.
In regards to the region, North America held more than 20.0% of the market in 2019, with a CAGR of 6.4% during the forecast period. The presence of well-established chemical industry, increasing demand for food, and growing pharmaceutical sector is supporting the expansion of the industry in this region.
Based on the regions, the report covers the following regions:
North America (U.S.A., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Competitive Terrain:
The global Water-Soluble Polymers market has a consolidated presence of a large number of companies that have been performing consistently to achieve optimum market growth. The report comprehensively discusses these companies' current market standing, past performances, demand & supply graphs, sales network, production & consumption patterns, and distribution channels. The report thus points out the effective business approaches undertaken by these market players to build on their market footprint.
The leading companies operating across the global Water-Soluble Polymers market are listed below:
BASF SE, SNF SAS, Ashland Inc, Kuraray Group, Arkema S.A., LG Chem Ltd., E. I. DU Pont De Nemours, Nitta Gelatin Inc.,The Dow Chemical Company and Kemira OYJ.
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)
Polyacrylamide
Polyvinyl Alcohol
Guar Gum
Gelatin
Casein
Polyacrylic Acid
Others
Raw Material Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)
Natural
Synthetic
Semi-Synthetic
End-use Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2017-2027)
Water Treatment
Oil & gas
Food
Personal care & detergents
Pharmaceuticals
Pulp & paper
Others
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Radical Features of the Water-Soluble Polymers Market Report:
Valuable insights into the Water-Soluble Polymers market to impart an in-depth understanding of the business verticle
An 8-year forecast estimation along with an analysis of key elements of the market
Technological advancements, regulatory framework, and recent developments covered in the report
Growth analysis and projections until 2027
Statistical analysis of the key players operating in the Water-Soluble Polymers industry
Table Of Contents:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technology
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Water-Soluble Polymers Market Segmentation & Impact Analysis
4.1. Water-Soluble Polymers Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Enhanced properties of Water-Soluble Polymers
4.2.2.2. The elevating demand for Water-Soluble Polymers from oil & gas and pharmaceutical sector
4.2.2.3. The boom in shale gas
4.2.3. Market restraints analysis
4.2.3.1. Fluctuating price of raw materials
4.2.3.2. Stringent government regulations on use of polymer
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price Trend Analysis
Continued…
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