Global Water Soluble Polymer Market Growing at a CAGR of 5.6% to 2024
Global Water Soluble Polymer Market is Projected to grow at 5.6% CAGR during the period 2017-2024. Water Soluble Polymer Industry research report also provides granular analysis of the market share, Size & forecasts.
(EMAILWIRE.COM, February 22, 2018 ) 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 during the forecast timeframe.
Water Soluble Polymer Market will exceed USD 38 billion by 2024; according to a new research report.
Request a Sample Copy of Global Water Soluble Polymer Market Research Report @ https://www.marketstudyreport.com/request-a-sample/616505//?utm_source=EMIW-SP
These polymers are used in various industry verticals such as pharmaceuticals, chemicals, mining, F&B 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.
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.
Key contributors of this market are BASF, Kemira, Ashland, SNF SAS, Arkema, Kuraray, DuPont, Dow, Nitta Gelatin, LG Chem.
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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 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 F&B, pharmaceutical and oil & gas will create a remarkable contribution to the water soluble polymer market growth in the coming years.
Growth drivers
Rising demand for water treatment
Increasing consumption in petroleum exploration activities
Growing consumption across various industry verticals such as F&B, mining, textiles, personal care, and so forth
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Related Reports: -
Global Electrode Paste Market by Manufacturers, Countries, Type and Application, Forecast to 2022
Electrode Paste also known as Soderberg Electrode Paste made from mix of fractions of Calcined Petroleum Coke (CPC) or Electrically Calcined Anthracite Coal (ECA coal) mixed with Coal Tar Pitch as Binder and Anthracene Oil at a predetermined temperature. It is used as conductor in sub merged arc furnace under self-Baking process while manufacturing different types of Ferro Alloys and Calcium Carbides.
@https://www.marketstudyreport.com/reports/global-electrode-paste-market-by-manufacturers-countries-type-and-application-forecast-to-2022//?utm_source=RR-SP
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Water Soluble Polymer Market will exceed USD 38 billion by 2024; according to a new research report.
Request a Sample Copy of Global Water Soluble Polymer Market Research Report @ https://www.marketstudyreport.com/request-a-sample/616505//?utm_source=EMIW-SP
These polymers are used in various industry verticals such as pharmaceuticals, chemicals, mining, F&B 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.
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.
Key contributors of this market are BASF, Kemira, Ashland, SNF SAS, Arkema, Kuraray, DuPont, Dow, Nitta Gelatin, LG Chem.
Enquire Discount on Global Water Soluble Polymer Market Research Report @ https://www.marketstudyreport.com/check-for-discount/616505//?utm_source=THFN-SP
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 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 F&B, pharmaceutical and oil & gas will create a remarkable contribution to the water soluble polymer market growth in the coming years.
Growth drivers
Rising demand for water treatment
Increasing consumption in petroleum exploration activities
Growing consumption across various industry verticals such as F&B, mining, textiles, personal care, and so forth
Order a copy of this premium research report @ https://www.marketstudyreport.com/securecheckout/paymenta/616505/?msfpaycode=sumsf/?utm_source=THFN-SP
Related Reports: -
Global Electrode Paste Market by Manufacturers, Countries, Type and Application, Forecast to 2022
Electrode Paste also known as Soderberg Electrode Paste made from mix of fractions of Calcined Petroleum Coke (CPC) or Electrically Calcined Anthracite Coal (ECA coal) mixed with Coal Tar Pitch as Binder and Anthracene Oil at a predetermined temperature. It is used as conductor in sub merged arc furnace under self-Baking process while manufacturing different types of Ferro Alloys and Calcium Carbides.
@https://www.marketstudyreport.com/reports/global-electrode-paste-market-by-manufacturers-countries-type-and-application-forecast-to-2022//?utm_source=RR-SP
About Us:
Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.
Contact Us:
Market Study Report
The Green Suite #4594,
Dover, DE 19901
United States
Phone: 1-201-355-0868
US Toll Free: 1-866-764-2150
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Market Study Report
Arun Hegde
Tel: 1-201-355-0868
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results