Sellbyville, DE -- (SBWIRE) -- 10/30/2018 -- GMI presents a most up-to-date research on "Water Soluble Polymer Market – Global Industry Analysis, Size, Share, Product (Polyacrylamide & Copolymers, Guar Gum & Derivatives, Polyvinyl Alcohol, Casein, Gelatin, Polyacrylic Acid & Copolymers), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Argentina, Brazil, Mexico, Saudi Arabia, UAE, Kuwait, South Africa) and Forecast 2017 – 2024".

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.

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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 size.

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.

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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.

Water treatment application segment will be the major segment by 2024. High market growth would be primarily assisted by being further beneficial in lessening the toxicity in industrial effluents, helping to reduce industrial wastes, and further attaining sustainability to the environment.

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Asia Pacific water soluble polymer market's was around USD 9 billion in 2016. Massive industrialization in developing economies such as India and China are creating huge wastewater generation, and will further assist the growth of Asia Pacific water soluble polymer market by 2024. In further, robust growth in regional verticals like oil & gas, pharmaceutical, and F&B will make a notable influence on global water soluble polymer growth over coming years.

Major players in this market include: Kemira, BASF, SNF, Ashland, Kuraray, Arkema, Dow, DuPont, LG Chem, and Nitta Gelatin.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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