Water Soluble Polymer Market Size, Share, Trends, Growth 2032

Water Soluble Polymer Market Insights

According to Zion Market Research, the global Water Soluble Polymer Market was worth USD 22.75 Billion in 2023. The market is forecast to reach USD 36.83 Billion by 2032, growing at a compound annual growth rate (CAGR) of 5.5% during the forecast period 2024-2032.

The report offers a comprehensive analysis of the market, highlighting the factors that will determine growth, potential challenges, and opportunities that could emerge in the Water Soluble Polymer industry over the next decade.

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Global Water Soluble Polymer Market: Overview

Water soluble polymers are substances that, on application to aqueous systems, display a difference in their physical properties. Water soluble polymer chains usually consist of hydrophilic groups that are substituted or inserted into the polymer 's backbone. The nonionic, anionic, amphoteric, or cationic groups may be hydrophilic. There are various uses of water soluble polymers in food , pharmaceuticals, paper, manufacturing, adhesives, water treatment, paint, textiles, coating and other industries. In order to make it more resilient to oils and grease, polyvinyl alcohol, a water soluble polymer, is commonly used to reinforce textile yarn and paper, especially textile yarn. For fruit, casein is used in cream-based soups, sherbet, yoghurt, custard, and others as a dietary substitute, thickener, emulsifier, and texture stabiliser.

Global Water Soluble Polymer Market: Growth Factors

Increasing applications in various sectors are expected to fuel demand over the forecast era, including household goods, manufacturing, detergents, personal care , food, paint & coatings, and pharmaceuticals. Increased use of polyvinyl alcohol for green packaging would fuel market growth in light of government funding. Increased use can drive market growth due to superior properties such as quick-drying, mild odour, inflammable, and eco-friendly design.

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Global Water Soluble Polymer Market: Segmentation

The Water Soluble Polymer market is fragmented based on product type and application.

By product type, the market is divided into polyacrylamide, polyvinyl alcohol, guar gum, cellulose ether, gelatin, xanthan gum, casein, polyacrylic acid and others. Polyacrylamide was the largest segment and accounted for a larger share and, in view of rising use in pulp & paper and drilling operations, will experience substantial growth over the projected period. Over the forecast era, the increasing use of coagulants and flocculants in wastewater treatment along with the mining industry is expected to stimulate demand for polyacrylamide.

By application, the market is segmented into water treatment, food personal care & detergents, oil & gas, pulp & paper, pharmaceuticals, and others. Because of rising production speed and the growing emphasis on competitive pricing, the food and beverage industry is experiencing rapid growth. It is a commonly used gelling and thickening agent in food and beverage products due to the thickening and emulsifying properties of water soluble polymers such as gelatin, casein, xanthan gum, and cellulose ester. Therefore, the rising market for water-soluble polymers will be boosted by the waste water treatment and food and beverage industries.

Water Soluble Polymer Market: Report Scope

Global Water Soluble Polymer Market: Regional Analysis

In terms of value, North America is forecast to grow at a considerable CAGR due to the natural gas boom combined with rising pharmaceuticals and food & beverage industries in the U.S., Canada , and Mexico. As a result of the rapid consumption of personal care, detergents, and the oil & gas industry in the UK, Germany , and Spain, Europe is likely to show significant growth. Asia Pacific was the leading market , accounting for over 40.0 percent of the global sales share, and will show strong growth in China, India , and Indonesia due to increasing personal care, food & beverages, and the pharmaceutical industry.

Global Water Soluble Polymer Market: Competitive Players

Some main participants of the Water Soluble Polymer market are

• Arkema SA
• Ashland Global Holdings Inc
• Barzaghi Srl
• BASF SE
• Dow Inc
• Kemira Oyj
• Kuraray Co. Ltd
• Merck KGaA
• Mitsubishi Chemical Holdings Corp
• SPCM SA
• Gantrade
• Nitta Gelatin Inc
• CP Kelco

The global water soluble polymer market is segmented as follows:

By Product Type

• Polyacrylamide
• Polyvinyl alcohol
• Guar gum
• Cellulose ether
• Gelatin
• Xanthan gum
• Casein
• Polyacrylic acid
• Others

By Application

• Water treatment
• Food Personal care & detergents
• Oil & gas
• Pulp & paper
• Pharmaceuticals
• Others

Water Soluble Polymer Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa