Water soluble polymers market is expected to reach 8,953.75 KT by 2019, signify firm annualized growth of 6.06% between 2014 and 2019.

The market has witnessed a significant growth in the recent years and the growth is estimated to persist in the coming years. Water soluble polymers, due to its various functions such as flocculating, gelling, thickening, rheology modifying and stabilizing is used in wide range of applications that includes food processing, water treatment, paper, enhanced oil & natural gas recovery, surface coating, mineral processing, detergents, textiles, personal care products, pharmaceuticals and petroleum production. Water soluble polymers covers a wide range of highly varied families of products of natural or synthetic origin, widely used in food processing, water treatment, paper, enhanced oil & natural gas recovery, surface coating, mineral processing, detergents, textiles, personal care products, pharmaceuticals and petroleum production. These polymers perform various functions such as flocculating, gelling, thickening, rheology modifying and stabilizing in the above mentioned industries. The global water soluble polymers market value is projected to reach $39,540.34 Million by 2019.

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Asia is the biggest and the fastest growing market having a significant share of 46.83% of the total market size in 2013. The market patterns of water soluble polymers and its various types are continuously showing an upward trend which is mainly due to the increasing petroleum and shale gas extraction activities across the globe. China is the leading country and the fastest growing market in the region and across the globe in terms of consumption and value.

Among various major types polyacrylamide dominates the market and had almost one-fourth of the total market share in 2013. The market share is increasing at a considerable pace due to budding demand for water treatment and petroleum production. Guar gum is another major product segment and is expected to grow significantly, from 2014 to 2019. Guar gum is primarily produced in Asia which accounts for about 90% of the global guar gum production. India and Pakistan are the leading producers of guar seeds and gum which are used for the production of guar gum.

Asia - The biggest market of water soluble polymers

Manufacturing industries are increasingly shifting from the U.S., Western Europe and Japan to other regions such as southeast Asia and China, leading the global water soluble polymer market in the region. Increasing per capita consumption in economies with rapidly rising GDP such as of China and Southeast Asia is driving the demand of water soluble polymers in segments such as food, personal care products and pharmaceuticals. China, Japan and India are the major markets in the region. China is the leading country and the fastest growing market in the region and across the globe in terms of consumption and in terms of value.

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On the basis of raw materials: The market is segmented on the basis of raw materials such as synthetic, semisynthetic and natural. Each raw material type is further described in detail in the report with value forecasts for aforementioned.

On the basis of types: The market is segmented into different types such as polyacrylamide, guar gum, polyvinyl alcohol, casein & caseinates, gelatin, polyacrylic acid and others.

On the basis of applications: The market is segmented on the basis of applications that include water treatment, detergents & households products, petroleum, paper making and other applications.

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