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.

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Currently, the Asia is the biggest water soluble polymers market, which had more than 35.0% of the total market size in terms of value and consumptions in 2013. Among all the countries, China dominates the market in the region and had the maximum market share in 2013. Asia is the fastest growing market, followed by RoW having the smallest market size. The European market is expected to show the lowest CAGR from 2014 to 2019, followed by the North America.

On the basis of raw materials the market is divided into synthetic, semi-synthetic and natural. In 2013, the overall market was driven by the synthetic water soluble polymers, having more than 50% market share in terms of consumption and value. The synthetic market size in terms of consumption and value is followed by the natural water soluble polymers, having more than 20% of the total market share in terms of consumption and value in the year 2013.

On the basis of application the water soluble polymers market is further categorized into water treatment, detergents & household products, petroleum, paper making and others. The market is basically driven due to the increasing petroleum and shale gas extraction activities across the globe.

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The major players include Arkema SA (France), Ashland Inc. (U.S.), DuPont (U.S.), LG Chem (South Korea), The Dow Chemical Company (U.S.), and Nitta Gelatin Inc. (Japan), BASF SE (Germany), SNF SAS (France) and Kuraray Group (Japan).

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