SAN FRANCISCO, September 29, 2015 /PRNewswire/ --
The global water soluble polymers market is expected to reach USD 43.79 billion by 2022, according to a new report by Grand View Research, Inc. Increasing demand for water soluble Polymers in water treatment, EOR techniques, drilling and fracking is expected to increase market size over the next seven years.
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Growing personal care and detergents sector in various countries including India, China, U.S., and Saudi Arabia is likely to increase demand. Increasing usage of water soluble Polymers as dispersing and suspending agents, gellants, stabilizers, flocculants and coagulants, film-formers, thickeners, humectants, binders and lubricants will drive industry growth. Mounting consumption in various sectors including paper, mining, agriculture, and textile is expected to drive demand over the forecast period.
Browse full research report with TOC on "Water Soluble Polymers Market Analysis By Product (Polyacrylamide, Polyvinyl Alcohol, Guar Gum, Gelatin, Cellulose Ether, Casein, Xanthan Gum, Polyacrylic Acid), By Application (Water Treatment, Food, Personal Care & Detergents, Oil & gas, Pulp & Paper, Pharmaceuticals) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/water-soluble-polymers-market
Rising environmental concern and increasing efforts to modernize municipal water treatment facilities on account of strict waste water management and municipal water standards is expected to augment industry growth. Asia Pacific is expected to witness high growth as a result of booming food & beverage sector, increasing investment by companies along with growing number of manufacturing facility by BASF and SNF in China. However, fluctuating raw material prices is expected to restrict growth over the next seven years.
Polyacrylamide was the largest segment in 2014 and is expected to gain market share in light of increasing consumption in drilling activities, waste water treatment along with the pulp & paper sector. Polyacrylamide is expected to witness fastest growth at a CAGR of 6.5% from 2015 to 2022 on account of growing consumption in mining and waste water treatment owing to stringent environmental regulations.
Further key findings from the report suggest:
Grand View Research has segmented the global water soluble polymers market on the basis of product, application and region:
Browse related reports by Grand View Research:
About Grand View Research:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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