In a recent published report, Kenneth Research has updated the market report for Water Soluble Polymers Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Water Soluble Polymers Market products.
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Moreover, the median health expenditure per capita recorded in the high-income, upper-middle income, and low & lower-middle income countries, recorded to be over USD 2,000, USD 400, and USD 100 respectively. Additionally, in the same year, the spending on health in high-income countries and in the low- and middle-income countries comprised approximately 8.2% and 6.3% of the GDP respectively.
“Final Report will add the analysis of the impact of COVID-19 on this industry.”
Global Water Soluble Polymers Market is estimated to reach $61 billion by 2025; growing at a CAGR of 6.1% from 2017 to 2025. Water soluble polymers are used in widespread applications such as paper, water treatment, food processing, surface coating, mineral processing, enhanced oil & natural gas recovery, pharmaceuticals, textiles, and personal care products. These are synthetic or natural organic substances with functions like gelling, thickening, flocculating, rheology modifying & stabilizing, used for water treatment on a large scale. Rising urbanization, and widespread applications in various end use industries is expected to drive the growth of the water soluble polymers market over the forecasted period.
Major factors driving the global water soluble polymers market are rising wastewater treatment processes in several industrial activities around the world, high utilization in petroleum exploration activities, mounting consumption in various industries like personal care, textiles, food & beverages, & mining, and growing demand in the emerging nations. However, fluctuating raw material prices may hamper the market growth. Furthermore, introduction of bio-based acrylamide would unfold with numerous growth opportunities in the forecasted years.
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Major segments of the global water soluble polymers market are material type, physical form, end use industry, and geography. The material type segment comprises natural, synthetic, and mixed. Physical form contains solutions, powder, and emulsion. Further, market is bifurcated by end use industry into mining industry, food processing industry, paper industry, petrochemical and oilfield industry, personal care industry, water treatment, textile industry, and other industries.
Geographically, the global water soluble polymers market is categorized into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further bifurcated into U.S., Canada, and Mexico whereas Europe segment consist of UK, Germany, and Rest of Europe. Asia-Pacific is segmented into China, India, and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.
The major players competing in the market are The Dow Chemical Company, Arkema SA, Ashland, E. I. du Pont de Nemours and Company, LG Chem Ltd., Nitta Gelatin Inc., BASF SE, SNF Group, Kuraray Co., Ltd., and Kemira Oyj, among others.
The key takeaways from the report
The report will provide detailed analysis of Global Water Soluble Polymers Market with respect to major segments such as material type, physical form, and end use industry
The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Water Soluble Polymers Market has been included in the report
Profile of the key players in the Global Water Soluble Polymers Market will be provided, which include key financials, product & services, new developments and business strategies
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Scope of the Global Water Soluble Polymers Market
Material Type Segments
Natural
Synthetic
Mixed
Physical Form Segments
Solutions
Powder
Emulsion
End Use Industry Segments
Mining Industry
Food Processing Industry
Paper Industry
Petrochemical and Oilfield Industry
Personal Care Industry
Water Treatment
Textile Industry
Other Industries
Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Germany
Rest of Europe
Asia-Pacific
China
India
Rest of Asia-Pacific
RoW
South America
Middle East
Africa
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