Water Soluble Polymers to see increased traction on water treatment needs

9:17 AM, 16th January 2021
Growth in the use of water-soluble polymer for treatment of polluted water will boost the confidence of stakeholders. Besides, surged demand for water soluble polymers from oil & gas industry will augur well for industry players eyeing to expand their portfolio

Water soluble polymer market value is slated to witness a notable spike in light of the high efficiency in the glycosylation reactions, majorly attributed to the polymeric sugar cluster effect. Notably, water soluble polymers have becoming trendier in a slew of industrial applications, such as food, chemicals and pharmaceuticals.

A pronounced growth in the use of water-soluble polymer for the treatment of polluted water will boost the confidence of stakeholders. Besides, surged demand for water soluble polymers from oil & gas industry will augur well for industry players eyeing to expand their portfolio.

Global Market Insights Inc predicts water soluble polymer market size to surpass $38 billion by 2024.

Wastewater treatment application poised to set the trend

Use of water soluble polymers in water treatment is expected to fuel the trend among stakeholders. Strong demand for high treatment efficiency will be in line with the development and optimization of current flocculants.

Water treatment is likely to emerge as a lucrative application portfolio as water soluble polymer is touted to remain instrumental in reducing the toxicity in industrial effluents. Water treatment segment, as such, is expected to witness a substantial gain in the next four years

Investment in polyacrylamide and copolymers to be noticeable

End-markets have exhibited traction for polyacrylamide and copolymers which can be tailored to keep up with a wide range of applications. It is worth noting that polyacrylamide boosts the viscosity of water and propels the flocculation of particles present in water.

Application of polyacrylamide and copolymers in industrial wastewater treatment will be more noticeable among end-users. Besides, polyacrylamide has become a major recipient to treat water from mineral mining operations.

Growth drivers are

  • Rising demand for water treatment
  • Increasing consumption in petroleum exploration activities
  • Growing consumption across various industry verticals such as F&B, mining, textiles, personal care, and so forth

Growth opportunities in APAC

Industry players are poised to infuse funds in Asia Pacific as emerging economies such as China and India continue to witness an increased demand for wastewater generation. Asia Pacific water soluble polymer market was pegged at around US$ 9 billion in 2016, and considerable gain is projected by 2024.

It is worth noting that stakeholders will expand their penetration in oil and gas industry to reduce the formation of hydrates in the pipeline. Stakeholders are also likely to exhibit traction for industrial effluent treatment, while investment in mining, textiles and food and beverage will witness an uptick.

Potential restraints

Industry analysis predicts fluctuating raw material prices as a potential growth restraint in water soluble polymer market growth. In addition, environmental concerns pertaining to synthetic water soluble polymers may further mar the business outlook.

Water treatment application is likely to boost water soluble polymer market share, with stakeholders emphasizing polyacrylamide and copolymers products. Forward-looking companies are expected to infuse funds in R&D activities and product roll outs which will form major business strategies to bolster water soluble polymer market share.

Water Soluble Polymer market size by product (polyacrylamide & copolymers, guar gum & derivatives, polyvinyl alcohol, casein, gelatin, polyacrylic acid & copolymers), by application (water treatment, detergents & household products, paper making, petroleum), industry analysis report, regional outlook, growth potential, price trends, competitive market share & forecast, 2017 – 2024: https://www.gminsights.com/request-sample/detail/2101

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Contact Info:

Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com

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