According to the recent study the water soluble polymer market is projected to reach an estimated $62 billion by 2028 from $43.1 billion in 2023, at a CAGR of 5% from 2023 to 2030. Growth in this market is primarily driven by implementation of stringent environmental regulations regarding effluent discharge from manufacturing plants and growing demand from various applications, such as water treatment plant, food processing, textile, paint, and oil and gas refineries.A more than 150 – page report is developed to understand trends, opportunities and forecast in water soluble polymer market by product type (polyacrylamide, polyvinyl alcohol, guar gum, gelatin, casein, polyacrylic acid, and others), raw material (natural, synthetic, and semi-synthetic), end use industry (wastewater treatment, cosmetics and personal care products, oil & gas, food, pulp and paper, and others), and region (North America, Europe, APAC and the Rest of the World).
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Lucintel forecasts that polyacrylamide will remain the largest segment over the forecast period due to the increasing usage in the drilling and pulp & paper and mining industries.
Wastewater treatment is expected to remain the largest segment due to the growing demand for effluent treatment and introduction of stringent regulations pertaining to wastewater discharge and purity of drinking water.
APAC will remain the largest region due to rapid urbanization and industrialization and growing demand for sewage treatment and water treatment chemicals in countries like China and India.
BASF SE, Ashland Global, Arkema S.A., DuPont, and SNF Group are the major suppliers in the water soluble polymer providers.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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