PUBLISHER: IMARC | PRODUCT CODE: 1519645
PUBLISHER: IMARC | PRODUCT CODE: 1519645
The global water soluble polymer market size reached US$ 37.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 55.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.
Water soluble polymers are organic substances that dissolve, disperse or swell in water and alter the physical properties of the aqueous system in the form of gelation, thickening, or emulsification. They are used in cleaning applications with heavy soil loads, hard water, and moderate temperatures. Apart from this, they are utilized as dispersants, suspending agents, thickeners, stabilizers, coagulants, flocculants, film-formers, binders, humectants, and lubricants in aqueous media. As a result, water soluble polymers find applications in water treatment, food and beverage (F&B), personal care, oil and gas, pulp and paper, and pharmaceutical industries across the globe.
Presently, there is a rise in the utilization of water soluble polymers in water treatment plants to remove suspended solids or contaminants from the water. This, along with the growing demand for water soluble polymers in the oil and gas industry for cementing, fracturing, acidizing, controlling water production, preventing sand production, and clay stabilization represent one of the key factors driving the market. Moreover, there is an increase in the employment of water soluble polymers as additives to improve the performance of water-based fluids in proppant transport and loss of fluid in the formation. This, coupled with the rising application of water soluble polymers in well drilling, is propelling the growth of the market. In addition, key market vendors are extensively investing in research and development (R&D) activities to develop water-based emulsion polymers from biological resources for a clean environment. They are also focusing on synthesizing water soluble polymers from amino acids that can resist high temperatures, which is positively influencing the market. Besides this, the increasing employment of water soluble polymers in the pharmaceutical industry to dissolve drugs, which are not soluble in water and reduce blood viscosity, is bolstering the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global water soluble polymer market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, raw material type, and end use industry.
Polyacrylamide
Polyvinyl Alcohol
Guar Gum
Gelatin
Xanthan Gum
Polyacrylic Acid
Polyethylene Glycol
Others
Synthetic
Natural
Semi-Synthetic
Water Treatment
Food and Beverage
Personal Care and Hygiene
Oil and Gas
Pulp and Paper
Pharmaceutical
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.