Pune India, Jan. 11, 2023 (GLOBE NEWSWIRE) -- The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the Water Dispersible Polymers market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the Water Dispersible Polymers market are present across various countries in the above-mentioned regions.
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The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as Product, Raw Material, Application, and Region. The key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the paragraphs below.
The significant players operating in the global Water Dispersible Polymers market are BASF SE, Bayer AG, Balmer Lawrie Co. Ltd, Clariant International Ltd, Chemtan Company, TASA Group International, Dystar Singapore Pte Ltd, Elementis PLC, Lanxess AG, Texapel, Stahl International B.V, Schill Seilacher GmbH Co, Lawrence Industries Limited, Papertex Specialty Chemicals Pvt Ltd, Zschimmer Schwarz Co. KG among other. To achieve a substantial market share in the worldwide Water Dispersible Polymers market and strengthen their position, manufacturers are expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.
The demand for Water Dispersible Polymers has been high in recent years, and it is anticipated that this trend will continue over the forecasted period. Polymers are commonly utilised as stabilisers, solubilizers, and mechanical supports for extended drug release in the pharmaceutical industry. Advanced polymers are being developed to satisfy certain needs, or, more precisely, to solve particular problems associated with the development of drug delivery systems. The escalating environmental concerns of the global population may put a stop to the development of synthetic water dispersible polymers. As greater focus is placed on developing eco-friendly substitutes for synthetic packaging plastics, demand for ecologically biodegradable water dispersible polymers is increasing. Therapeutic, biomedical/prosthetic, and pharmaceutical uses of water dispersible polymers are widespread in the medical and healthcare sectors. Examples include hydroxyethylcellulose, quaternary ammonium compounds, polyacrylamide, polyacrylic acid, and tetrachloroethylene. The significant increase in the number of cancer patients is anticipated to drive the growth of the Water Dispersible Polymers market.
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Scope of Water Dispersible Polymers Market Report
Report Metric | Information |
Study Period | 2022-2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Market Share Unit | USD Billion |
Segments Covered | Product, Raw Material, Application, and Region |
Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle-East and Africa |
Major Players | BASF SE, Bayer AG, Balmer Lawrie Co. Ltd, Clariant International Ltd, Chemtan Company, TASA Group International, Dystar Singapore Pte Ltd, Elementis PLC, Lanxess AG, Texapel, Stahl International B.V, Schill Seilacher GmbH Co, Lawrence Industries Limited, Papertex Specialty Chemicals Pvt Ltd, Zschimmer Schwarz Co. KG among other. |
Segmentation Analysis
The polyacrylamide Water Dispersible Polymers segment is expected to be the fastest-growing segment in 2022.
The product segment is polyacrylamide, polyvinyl alcohol, guar gum, gelatin, casein, polyacrylic acid, and others. The polyacrylamide Water Dispersible Polymers segment is expected to be the fastest-growing segment in 2022. Since polyacrylamides are used more often in a wide range of cosmetic and personal care products, such as creams, lotions, and self-tanning lotions, it is anticipated that demand for them will increase.
The Synthetic segment is expected to be the fastest-growing segment in 2022.
The Raw Material segment is natural, synthetic, and semi-synthetic. The synthetic segment is expected to be the fastest-growing segment in 2022. Synthetic water dispersible polymers are predicted to contribute significantly to market revenue. The food and drug industries, as well as the textile, paint, construction, paper, coatings, water treatment, and adhesive industries, frequently use synthetic polymers that dissolve in water.
The Water treatment segment is expected to be the fastest-growing segment in 2022.
The application segment is water treatment, oil & gas, food, personal care & detergents, pharmaceutical, pulp & paper, and others. The water treatment segment is expected to be the fastest-growing segment in 2022. Water dispersible polymers are used in a variety of fields, such as the water treatment sector, oil and gas production, personal care and detergents, food, pulp and paper, medicines, and other fields including building and mining, paints, explosives, agriculture, adhesives, and textiles. The usage of synthetic polymers is encouraged by environmental rules governing drinking water quality and wastewater disposal.
Regional Analysis
The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the Water Dispersible Polymers include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia.
- The Asia Pacific region witnessed a major share. The Asia-Pacific market is expected to have rapid revenue CAGR growth and hold the largest worldwide revenue share throughout the course of the forecast period. Rising expenditures in wastewater treatment and a developing pharmaceutical industry are expected to stimulate demand for water-dispersible polymers in the region. Due to the region's expanding need for fresh drinking water, water dispersible polymers are being employed increasingly often in water treatment applications.
Country Analysis
- Germany
Germany's Water Dispersible Polymers market size was valued at USD 0.32 billion in 2022 and is expected to reach USD 0.40 billion by 2030, at a CAGR of 3% from 2023 to 2030. The market for water dispersible polymers has grown in Germany as a result of the rising popularity of healthcare promotion.
- China
China’s Water Dispersible Polymers market size was valued at USD 0.71 billion in 2022 and is expected to reach USD 1.17 billion by 2030, at a CAGR of 6.5% from 2023 to 2030. The water treatment industry in China is one of the main markets for water dispersible polymers. The Chinese government's focus on freshwater availability and water pollution has caused the country's water treatment industry to continuously rise (wastewater treatment).
- India
India's Water Dispersible Polymers market size was valued at USD 0.27 billion in 2022 and is expected to reach USD 0.32 billion by 2030, at a CAGR of 2.5% from 2023 to 2030. The water and wastewater industry in the region is one of the biggest. The region's market is expected to be dominated by the water treatment sector.
Covid-19 Impact
Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries.
Furthermore, the growth of this market is mainly driven by the rising use of Water Dispersible Polymers products in pharmaceutical sector.
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