Water Soluble Polymer Market demand fueled by Increasing automobile sales in BRICS nations

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Water Soluble Polymer Market Analysis Report By
Materials, Application Growth Drivers by 2017
to 2024
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Global Market Scenario of Water Soluble Polymer
Industry

• Water Soluble Polymer Market size will exceed USD
  38 billion by 2024 according to a new research
  report by Global Market Insights, Inc.
• High growth in consumption in the water treatment
  industry will augment the demand for these
  products throughout the forecast years. The
  rising demand from oil gas industry for
  reducing the hydrate formation in the oil
  pipelines will further complement the global
  water soluble polymer market size during the
  forecast timeframe.
• These polymers are used in various industry
  verticals such as pharmaceuticals, chemicals,
  mining, FB and textiles. High growth in
  consumption of these products across all these
  industry verticals will drive their demand, and
  will eventually drive the demand throughout the
  forecast period.
• In further, the rising demand for wastewater
  treatment in the developing nations of Asia
  Pacific and Latin America will give a significant
  boost to water soluble polymer market size.

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• This market is also subjected to some restraints
  over the forecast period. Fluctuating raw
  material prices will likely present a significant
  challenge to the existing players. This market
  will also be liable to hinder, due to bearing a
  threat of showing negative impacts on the
  environment as well as humans.
• Polyacrylamide copolymers held the largest
  water soluble polymer market share in 2016. The
  product is primarily used for its excellent
  thermal stability, solubility, high miscibility,
  and non-toxicity. They are mainly utilized in
  treating wastewater, where there are more
  suspended solid particles. This segment is
  projected to grow at a moderate CAGR due to its
  eco-friendly features.

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360 Analysis-

• Water treatment is likely to grow at a CAGR close
  to 6 by the end of 2024. The market growth will
  be majorly attributed to being more useful in
  reducing the toxic effects of the industrial
  effluents, further helping in the reduction of
  waste and further assist in achieving
  environmental sustainability.
• Growing concerns against water-pollution have led
  to the devising of stricter laws and regulations
  to take the initiative against wastewater
  generation, which will show a positive impact on
  the water soluble polymer market share by the end
  of 2024.
• In 2016, the Asia Pacific regional market size
  was close to USD 9 billion. Substantial market
  share along with a decent growth rate by 2024
  will be due to rapid industrialization in China
  and India, and massive wastewater generation.
  Furthermore, strong growth indicators in regional
  FB, pharmaceutical and oil gas will create a
  remarkable contribution to the water soluble
  polymer market growth in the coming years.

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• Competitive Analysis
• Prominent players operating in this water soluble
  polymer market include
• BASF SE, SNF SAS, Ashland Inc, Arkema S.A.,
  
• Kemira OYJ, Kuraray Group, E. I. du Pont de
  Nemours and Company,
• The Dow Chemical Company, Nitta Gelatin
  Inc. and LG Chem Ltd.

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