Categories: Chemical & Material
Water Soluble Polymers Market Overview
“The Global Water Soluble Polymers Market is expected to grow rapidly at a 5.78% CAGR consequently, it will grow from its existing size of from $49.85 Billion in 2023 to $80.15 Billion by 2030.”
What is Water Soluble Polymer?
This water-soluble plastic is a sustainable polymer material. Its primary characteristic is its low carbon footprint and it is environmentally green. Due to the constant evolution of the raw material, types of molecular weights and molecular classes, and the polymerization techniques this product has a high barrier to entry as well as an impressive technical content.
However it is a strong market with rapid growth and its rapid growth is the basis for numerous products and applications for water-soluble polymers. When it is able to break out, it could quickly grow into a new industry, and could even alter the initial model of product and market models.
Water-soluble polymer is extremely flexible and is a great choice for a long-lasting release agent that acts as a moisturizer, gelling agent, a thickener stabilizer, flocculant an emulsifier, a binder, dispersant, an agent for chelation and more. It is extensively employed in the papermaking process.
Water treatment, membrane materials including defense and petroleum, aerospace mining, metallurgy, chemical fiber printing and dyeing electroplating chemical, food and various other areas. It plays an important role in the new and strategic industries like biomedicine, 3D printing cosmetics and shale gas mining advanced agriculture, photovoltaics nanomaterials and graphene polymers made of graphene and AI.
Natural polymer: wheat starch sweet potato starch and sodium alginate Agar, seaweed polysaccharide carrageenan and agar arabic, soya, tremella polysaccharide glue gelatin, chitosan Hyaluronic acid Xanthan gum glucose and polyglutamic acid
Semi-synthetic Polymer: hydroxymethylcellulose and methyl cellulose. It is also known as the hydroxyethyl-cellulose ethyl (hydroxypropyl cellulose), hydroxypropyl for methyl cellulose. hydroxymethyl ethyl methyl starch, hydroxyl cellulose and hydroxyethyl starch. Starch phosphate, starch acetate, polymeric starch, cationic starch
Fully synthetic polymer: polyacrylamide, polyvinyl alcohol, polyethylene glycol, polyethylene oxide, polyvinylpyrrolidone, polymaleic anhydride, polyamine, quaternary ammonium salt polymer, epoxy resin, phenolic resin, amino resin, Polyurethane resin.
Water-soluble polymer-drug conjugates can be multi-functional nanomedicines that sit at the intersection of biomedical chemistry and polymer sciences. The advancements in applied biology and chemistry have given scientists the ability to modify the properties of synthetic polymers and create functions in accordance with their intended application. The methods used to create polymer conjugates (copolymerization of bioactive polymer compounds and polymeranalogous reaction) offer a variety of designs to meet their intended uses.
The incorporation of hydrophilic groups provides polymers with water solubility as well as enhanced biocompatibility. Hydrophobic or charged groups can be incorporated into polymers to provide them with unique interactions, or capabilities to react. Biorecognizability is enhanced by targeting moieties; attaching to drug(s) confers specific medicinal properties. The Reporter (labeling) groupings are often included in the structure to enable the analysis of the destiny that the compound will have.
The capability to integrate multiple functions in one macromolecule provides scientists with the chance to imitate natural macromolecules that function (Torchilin 2006a). Multifunctional polymer-drug conjugates are able to store inactive drugs as prodrugs and pro-enzymes, shield substances that are not able to reach the desired location, redirect drugs to the correct location via active or passive targeting, and activate the drugs in a specific location that can affect cellular signaling pathways, stop or accelerate reactions, etc.
The water Solvent Polymers are polymer compounds which can be easily dissolved in water to produce diverse solutions or alter physical properties to serve a variety of functions in aqueous conditions, including thickening dispersion, dispersion, coagulation reduction and the emulsification. The materials that are required to create water soluble polymers may come from nature or be produced.
Polymers from nature that dissolve disperse, or expand in water, including polyacrylic acid, polyethylene glycol copolymer and polyvinyl Alcohol alter the properties and physical attributes of aqueous systems going through thickening or gelation. In water-soluble solutions, polymers that are water soluble function as suspending and dispersing agents, stabilizers thickeners, coagulants, and stabilisers as well as film-forming agents, humectants, binders and fluids.
Another factor that drives sales growth for the market for water soluble polymers is the increasing acceptance of renewable and bio-based polymers. They are derived of natural materials and have a less negative impact on the environment than synthetic counterparts. The need to reduce carbon footprints and the growing interest in environmental issues are driving the demand for renewable and bio-based polymers. Additionally, it is anticipated that the stringent government regulations that govern using synthetic polymers could boost demand for bio-based and renewable polymers.
The industry of food and beverages' rising demand for water-soluble polymers is a further factor that is which is likely to propel the growth in market revenue. Within the food and drink industry the polymers are employed to stabilize food items, Thickeners, and emulsifiers. They are a major factor in enhancing food items' texture taste, appearance, and flavor and also help extend their shelf lives. The demand for water-soluble polymers within the food and drink sector is likely to increase due to the growing demand for convenience food items and the increasing popularity of functional food.
In addition the personal and pharmaceutical health care industries are seeing an increase in the demand for water-soluble polymers. They are also used to make shampoos, lotions and other products for personal care and also in medicine delivery systems. It is anticipated that the demand for water-soluble polymers in these sectors will rise due to the increasing demand for new methods of delivery of medicines as well as the popularity of organic and natural products. organic personal care products.
But, a variety of obstacles are anticipated to hinder revenue growth for the market for water soluble polymers. Market revenue growth is predicted to be constrained by rising cost of the raw materials required to make water-soluble polymers and also the price hike for organic and biodegradable polymers. It is also expected that certain nations' lack of understanding about the benefits of water-soluble polymers may hinder growth in market revenue.
In light of the increasing demand of water-treatment chemicals and the increasing popularity of renewable and bio-based polymers, and the increasing demand for water soluble polymers across a variety of industries, the water-soluble polymers market is predicted to see a significant growth over the forecast time. However, certain aspects such as different raw materials costs and the lack of understanding about the benefits of water soluble polymers are likely to limit the growth in revenue.
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Food pharmaceuticals, paint paper, textiles as well as adhesives, coatings treatments for water and a variety of other industries make use of water-soluble polymers. Water Soluble Polymers are used by the industry of paper for a wide range of purposes, such as debarking water, green liquor treatment retention, dewatering ultrafines treatment water and sludge treatment and more.
The use of water-soluble polymers enables companies in the industry of paper, that uses the majority of process water, to reduce water usage and increase the efficiency of equipment, enhance the quality of paper, and lessen the environmental impact. The rising demand for bio-based acrylamide as well as the increasing application in the pharmaceutical industry is expected to drive the development of the water soluble polymers market in the 2023-2030 forecast.
Water-soluble polymers are anticipated to expand in the forecast timeframe because of the increased demand for treatments for water, EOR techniques, drilling and Fracking. The demand for personal care products and detergents is predicted to increase in a variety of countries that include India, China, the United States, and Saudi Arabia. Water-soluble Polymers are becoming increasingly utilized as dispersing and suspending agents and gellants, stabilisers flocculants and coagulants as well as film-forming agents as well as humectants and thickeners. binding agents, and lubricants that are predicted to accelerate the expansion of the water soluble polymers market over the period between 2022 and 2029.
The effects from COVID-19's effects on COVID-19 epidemic on expansion and supply chain disruptions in many industries that use them and the severe restrictions by the government on consumption of polymers will likely hinder the expansion of the water-soluble polymers market in the period 2023-2030.
Market Segment Analysis
Based on the type of product the market for water-soluble polymers is broken down into different submarkets: polyacrylamide (PAM), Polyvinyl Alcohol (PVA), Guar Gum and carboxymethylcellulose (CMC), Polyethylene glycol (PEG) and many others. In 2022 the market for water-soluble polymers was able to generate a substantial profit share from one them, Polyacrylamide (PAM). PAM is extensively used for the treatment of agricultural, papermaking, minerals and water treatment. The PAM segment of the water-soluble polymers market is predicted to expand due to the growing demand for potable water as well as the growing need for treatment of wastewater. The use of PAM for floatant in the paper and pulp industry is anticipated to boost this sector's growth in revenue.
In the forecast period in the projection period, the polyvinyl alcohol (PVA) sector is predicted to record the highest CAGR of revenue. Due due to its excellent adhesive properties and film-forming properties, PVA is widely utilized in the manufacturing of coatings, adhesives and films.
The market for PVA is predicted to grow as a result of the growing demand for PVA-based products within the packaging industry due it is water-soluble and biodegradability. The rising need in PVA within the construction industry for the production of Cement modifications and coatings that are water resistant are also expected to boost the PVA segment's growth in the market for water-soluble polymers.
In the forecast period and beyond, it is expected that the guar-guar segment is likely to see a significant increase in revenue. Guar gum is used extensively in the food industry for its gelling and thickening agent, as and for use in oil and gas industries as an emulsifier.
The market for water-soluble polymers the guar-guar segment is expected to grow due to the rising consumption of convenience foods and the expansion of exploration of oil and gas across emerging markets. Furthermore Guar gum for thickening in personal care products as well as a for sizing agents for the industry of textiles is predicted to boost this segment's growth in revenue.
In the end, the growing need for potable water as well as wastewater treatment increasing demand for eco-friendly as well as sustainable goods, as well as the increasing use of water-soluble polymers in a variety of industries with end-uses are expected to all drive an increase in market for water-soluble polymers over the forecast time.
Water treatment is predicted to be the largest part of the revenue on the global industry of water-soluble polymers as of 2023. Because of the rising demand for safe water sources for both industrial and domestic applications, the demand in water treatments is growing. Polymers that are water-soluble are crucial in the treatment process since they assist in eliminating pollutants like oil, bacteria and particles suspended in the water.
They increase the speed of settling and filtering, they also enhance the efficiency of water treatment methods. The demand for water-soluble polymers in the field of water treatment is predicted to increase since wastewater treatment systems are required in the developing world and as urbanization grows.
The projected timeframe is predicted to witness the highest increase in revenues for the sector of food and beverages. For the food and drink industry, water-soluble polymers are used for a range of purposes, such as stabilizing, thickening, as well as making emulsifiers. The flavor, texture, and shelf-life of food items are enhanced with these polymers. The need for water-soluble plastics for the food and drink sector is due to the growing popularity of convenience food items and ready-to-eat meals.
In the forecast period the personal care industry will also be expected to see significant growth in revenues. In the personal care industry water-soluble polymers are employed in a range of products that address oral, skin and hair treatment.
For personal care products they are used as thickeners, emulsifiers and film forming agents. The demand for water-soluble plastics in the personal care sector is driven by the increasing demand for personal care products, as well as the growing recognition of the benefits of using organic and natural products.
Another significant market for end-use that water-soluble plastics are in is the paper and pulp industry. The paper and pulp industry makes use of these polymers for various uses, such as papers coatings and sizing as well as retention tools. The demand for water-soluble plastics in the paper and pulp industry can be attributed to the growing demands in Paper Products as well as the need for sustainable manufacturing processes.
Through the projected time the business of medicines will also be expected to see significant growth in revenue. Pharmaceutical companies utilize water-soluble polymers for a myriad of uses, including flavor suppression as well as improved dissolving and the delivery of medications. The need for water-soluble plastics in the pharmaceutical industry is driven by the increasing demand for novel drug delivery techniques as well as the growing number of chronic diseases.
Another major end-user industry for polymers that are water-soluble is in the petroleum and gas industry. Improved the recovery of petroleum, drilling fluids and cementing are some of the applications for these polymers within the gas and oil industry. The need for water-soluble polymers within the gas and oil sector is driven by the increasing demand for gas and oil as well as the need to have efficient production techniques.
In the coming years major growth in revenue is expected in the other industries that require end-uses, such as agriculture, textiles and construction. In the field of textiles water-soluble polymers are used in a myriad of ways such as printing, sizing and finishing.
These polymers are employed to enhance the performance of agricultural products as adjuvants soil conditioners and plant growth regulators. Polymers that are water-soluble are used as coatings, binders, as well as adhesives for the construction field. The demand for water-soluble plastics across various segments of end-use is driven by the growing demand for eco-friendly and sustainable products.
Competitive Landscape of the Water Soluble Polymers Market
Recent Developments in Water Soluble Polymers Market
In 2021, BASF SE acquired Solvay's polyamide business for €1.3 Billion to strengthen its engineering plastics business and expand its product offerings in the automotive, construction, and consumer goods industries.
In 2021, E.I. du Pont de Nemours and Company (DuPont) announced that it had completed the acquisition of Laird Performance Materials for $2.3 Billion. The acquisition was aimed at expanding DuPont's electronic materials business and strengthening its product portfolio.
In 2020, Arkema Group acquired Fixatti, a Dutch company that specializes in high-performance thermobonding adhesive powders. The acquisition was valued at €1.5 Billion and aimed to expand Arkema's product offerings in the adhesives market.
In 2020, LG Chem Ltd. announced that it would spin off its water treatment business into a separate entity. The new company, LG Chem Water Solutions, would focus on developing and producing water treatment membranes, water treatment chemicals, and related products.
In 2020, Kemira Oyj announced that it had signed an agreement to acquire Valmet's process chemicals business for €13 million. The acquisition was aimed at strengthening Kemira's position in the pulp and paper industry and expanding its product portfolio.
Ashland Global Holdings Inc.: In 2021, Ashland launched a new line of hydroxyethylcellulose (HEC) polymers called the Aquaflow™ NX Series. These polymers are designed for use in a variety of applications, including coatings, construction, personal care, and oil and gas. The series includes products with varying degrees of viscosity and compatibility with other materials.
BASF SE: In 2020, BASF launched a new line of polyacrylamide-based flocculants called Magnafloc® LT. These flocculants are designed for use in wastewater treatment applications and offer high performance and cost-effectiveness. They are also environmentally friendly and can be easily disposed of.
Dow Inc.: In 2020, Dow Inc. launched a new line of cellulose ethers called WALOCEL™ CRT. These ethers are designed for use in the construction industry and offer high water retention and thickening properties. They also provide improved workability and durability in mortar and cement-based materials.
Kuraray Co., Ltd.: In 2020, Kuraray launched a new line of polyvinyl alcohol (PVOH) resins called Trosifol™. These resins are designed for use in laminated glass applications and offer high transparency, adhesion, and impact resistance. They also provide improved safety and energy efficiency in buildings and vehicles.
It is expected that market demand for water-soluble polymers will grow significantly during the forecast time. They are in high demand due to their broad variety of applications across a variety of industries, such as wastewater treatment, oil and gas papers, as well as textiles. It is the Asia Pacific region, which has the highest percentage of revenue, has been forecast to grow in the coming years.
In the forecast period, it is expected that the Water Soluble Polymers Market is expected to grow at a rapid pace within the Asia Pacific region. The demand for water treatment products is growing in developing countries such as China and India and that is the reason that causes the rise. The need of water-treatment solutions within this sector is driven by the rapid pace of industrialization, urbanization and the increase in population. It is expected that the rising demand in water treatment services will drive up the demand for water-soluble polymers.
In addition, the expanding food textile, pharmaceutical and industries in the region are expected to drive market growth. Additionally the abundance of cheap labour and raw materials in the region is likely to draw in more investments from foreign firms, which will fuel the growth of markets for water-soluble polymers.
Due to the increasing need for treatment services in the region and it is expected that the North American market is anticipated to witness a significant CAGR over the forecast time. The demand for water treatment technology is caused by the region's issues of water scarcity.
Since water-soluble polymers are efficient in removing water-borne pollutants they are anticipated to increase. Furthermore, the presence of large manufacturers of water-soluble polymers in the region is likely to encourage market expansion. The introduction of stringent guidelines for the water-treatment technology will also boost industry expansion.
In the foreseeable future over the next few years, over the next few years, European market is predicted to expand at a moderate pace. The growing demand for water treatment products is the main reason behind the need for water-soluble polymers. The primary user in the region for water-soluble polymers are the food and beverage industry.
The industry of food and beverages is growing because of the increasing demand for processed food and drinks, which is expected to boost the demand for water-soluble polymers. In addition, the increasing use of eco-friendly products within the region will boost the demand for water-soluble polymers.
In the end, the market for water-soluble polymers is predicted to expand substantially over the next few years. Because of the rising demands for water treatment products and solutions for water treatment, this Asia Pacific region is anticipated to be the most dominant market.
Because of the region's growing demand for water treatment solutions as well as it is expected that the North American market is also predicted to be booming with a substantial CAGR. The slow expansion that is expected in this European market is expected due to the increasing demand for water-soluble polymers within the beverage and food industry.
Segments Covered in the Water Soluble Polymers Market
Water Soluble Polymers Market By Product Type
Water Soluble Polymers Market By End-Use
Water Soluble Polymers Market By Region
Frequently Asked Questions:
What was the market size of the global water-soluble polymers market in 2020?
The Global Water Soluble Polymers Market is expected to grow rapidly at a 5.78% CAGR consequently, it will grow from its existing size of from $49.85 Billion in 2023 to $80.15 Billion by 2030.
Which factors are expected to drive adoption of water-soluble polymers?
Rising need for water treatment, increasing recovery of crude oil and shale gas production, development of effective water-soluble polymers, development of drug delivery systems, and superior high-temperature stability of water-soluble polymers are factors driving adoption of water-soluble polymers.
Which region is expected to account for largest revenue share in the global water-soluble polymers market?
The market in Asia-Pacific is expected to account for largest revenue share in the global water-soluble polymers market over the forecast period.
Which are the key companies operating in the global market?
Major players operating in the global market include BASF SE, Ashland Global Specialty Chemicals Inc., Arkema S.A., DuPont, SNF Group, Kuraray Co., Ltd, Merck Group, Mitsubishi Chemical Corporation, LG Chem Ltd., and Kemira Oyj.