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Water Soluble Polymers Market, Overview with Demographic Data and Industry Growth Trends Till 2027

Chemicals Research

Updated on Aug 6, 2021

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ater-Soluble Polymer Market is projected to register 5.2% CAGR and reach around USD 52.6 Billion by 2025.

The increasing demand for wastewater treatment on account of rising industrial and municipal waste is driving the global market growth. In addition, the growing health awareness among consumers is likely to escalate the demand for water-soluble polymers in the food industry. However, rapid adoption of bio-based acrylamide owing to sustainable development and stringent environmental regulations are expected to offer lucrative opportunity for the market players.  

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Regulatory and Submit Analysis

Polyethylene glycol and polyacrylic acid are used as stabilizers in drug delivery systems. These polymers are regulated by the US Food and Drug Administration and European Medicines Agency (EMA) to ensure safe and effective environment in the medical industry.

The submit of anionic polyacrylamide water-soluble polymer ranges from USD 2500 to USD 3000 per ton. The submit of water-soluble polymers is increasing at faster rate due to the high demand in the end-use industries and fluctuating raw material prices.

Segmentation

By Raw Material: By raw material, the global Water Soluble Polymers Market  has been categorized into synthetic, natural, and semi-synthetic.

Synthetic—The synthetic segment accounted for the largest share of the global water-soluble polymer market in 2018 and is expected to register moderate growth during the review period. Polymers obtained through condensation, addition or polymerization of petroleum or natural gas are called as synthetic water-soluble polymers. Additionally, synthetic water-soluble polymers are organic materials that help to modify the physical properties and act as intermediate in the process of making other water-soluble polymers.

Natural—Natural water-soluble polymers are gaining high importance owing to the environmental regulations on the use of synthetic polymers as well as physiological benefits and functional attributes. For instance, natural-based water-soluble polymers when used as dietary fibers tend to reduce cholesterol levels. They are used as stabilizer and thickening agent in yogurt and almond milk. The growing awareness regarding the benefits of natural ingredients or organic products in the food industry is likely to drive the market growth. Some of the natural water-soluble polymers are xanthan gum, guar gum, pectins, cellulose ethers, and chitosan derivatives.

Semi-Synthetic—To incorporate both natural and synthetic properties, semi-synthetic water-soluble polymers are produced. These polymers are used in surface coatings, pharmaceutical, and food industries.

By Type: Based on type, the water-soluble polymer market has been segmented into polyacrylamide and copolymers, guar gum & derivatives, casein, polyvinyl alcohol, gelatin, polyacrylic acid, and others.

Polyacrylamide and Copolymers—The polyacrylamide segment accounted for the largest share of the global water-soluble polymer market in 2018. These are synthetic polymers suitable as a soil conditioner and as a friction reducer in hydraulic fracturing. The major function of polyacrylamide is flocculant in the wastewater treatment and oil & gas industries. The increasing production of shale gas in countries such as China, the US, and Australia is expected to stimulate the growth of the market in the coming years. Polyacrylamide is also stable at various pH intervals and is non-toxic, widely used in a range of applications such as cosmetics and personal care products, pharmaceuticals, and pulp and paper. According to the US FDA, polyacrylamide with 0.2% acrylamide monomer is used as a film former in gelatin capsules.

Guar Gum and Derivatives—Guar gum is extracted from guar plant known as Cyamopsis tetragonoloba. India and Pakistan account for more than 80% of market in guar seed production. Guar gum are traded in two forms, namely powder and seeds. Owing to high viscosity and insoluble in solvent, they are excellent stabilizer, emulsifier and thickening agent in liquid formulations that are used in the food and beverage industry.

Polyvinyl alcohol—Polyvinyl alcohol (PVA) segment is expected to grow at a moderate CAGR during the review period. This is attributed to the growing demand for green packaging in biomedical, food, and pharmaceutical applications. They are also used in contact lenses, drug-delivery applications, and lining of artificial hearts.

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