CAGR: 6.5%Current Market Size: USD 34.22 BillionFastest Growing Region: North America
Largest Market: APACProjection Time: 2023-2030Base Year: 2022
The global Water Dispersible Polymers market is expected to grow from USD 34.22 billion in 2022 to USD 56.63 billion thousand by 2030, at a CAGR of 6.5% during the Projection period 2023-2030. The growth of this market is mainly driven by the rising use of Water Dispersible Polymers products in pharmaceutical sector.
Water Dispersible Polymers break down, scatter, or swell in water, changing the aqueous state of physical characteristics through gelation, thickening, or emulsification/stabilization. They are used in conjunction with other detergent ingredients to provide the best cleaning results and costs. Water Dispersible Polymers are intended for use in cleaning processes when there is a heavy dirt load, hard water, and moderate temperatures. By scattering dirt particles, capturing mineral ions like calcium and magnesium, and preventing soil re-deposition, they make cleaning easier. When immersed in water, Water Dispersible Polymers increase emulsion viscosity, stability, and feel in final applications. When used in emulsions, Water Dispersible Polymers are simpler to incorporate into molten or heated oil phase. When the particles are mixed with oil, they are separated and given an oil coating. When the water and oil phases of the emulsions are combined, the process of emulsion creation starts as polymers begin to move from the oil phase to the water phase. polymers can create networks between themselves and water molecules. The solution thickens as a result. This characteristic makes it possible to create numerous solutions that are used in various end-user industry applications. Adhesives, emulsifiers in skin care products, admixtures for concrete and mortar, and thickeners in paint & coating formulas are a few examples of important applications.Water Dispersible Polymers increase emulsion viscosity, stability, and feel in final applications. When used in emulsions, Water Dispersible Polymers are simpler to incorporate into molten or heated oil phase. When the particles are mixed with oil, they are separated and given an oil coating. When the water and oil phases of the emulsions are combined, the process of emulsion creation starts as polymers begin to move from the oil phase to the water phase.
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Market Dynamics:
Drivers:
The demand for Water Dispersible Polymers has remained strong in recent years, and the Projection period is likely to see continued growth along the same path. In the pharmaceutical sector, polymers are frequently used as stabilizers, solubilizers, and mechanical supports for prolonged drug release. Advanced polymers are being created to meet specific requirements or, more accurately, to address specific issues related to the creation of drug delivery systems.
Restraints:
Synthetic water dispersible polymers' detrimental effects on the environment and human health are anticipated to restrict market expansion over the projected period. The development of synthetic water dispersible polymers might face resistance from the growing environmental concerns of the world's population. Demand for ecologically biodegradable water dispersible polymers is rising as more emphasis is being placed on finding environmentally friendly alternatives to synthetic packaging plastics. This is being done to get around some of the problems that come with using water dispersible polymers.
Opportunities:
Water dispersible polymers are often used in the medical and healthcare industry for therapeutic, biomedical/prosthetic, and pharmaceutical purposes. Examples include quaternary ammonium compounds, polyacrylamide, polyacrylic acid, hydroxyethylcellulose, and tetrachloroethylene. Water dispersible polymers have the potential to lengthen medication residence time in a tumor, improve drug solubility, and decrease toxicity in cancer patients, the considerable increase in cancer patients numbers is expected to drive the growth of the Water Dispersible Polymers market.
Challenges:
Limiting the growth of the market for water dispersible polymers include rigorous government controls on the use of polymers and changing raw material prices. The price of raw ingredients, such as acrylic acid and acrylonitrile, directly affects the price of water dispersible polymers, namely polyacrylamide. Since these raw ingredients are made from crude oil, the cost of water dispersible polymers is very sensitive to the cost of the crude oil that was used to make them.
Segmentation Analysis:
The global Water Dispersible Polymers market has been segmented based on Product, Raw Material, Application, and Region.
By Product
The product segment is divided into polyacrylamide, polyvinyl alcohol, guar gum, gelatin, casein, polyacrylic acid, and others. The Polyacrylamide Water Dispersible Polymers segment led the largest share of the Water Dispersible Polymers market with a market share of around 25% in 2022. Over the course of the Projection period, the polyacrylamide segment is anticipated to account for the biggest revenue share in the worldwide market. The acrylamide monomer, which was first developed for use as a support matrix for electrophoresis, is the source of synthetic polyacrylamides. It is frequently used in the pharmaceutical sector for a variety of purposes, such as macro-fractionation of proteins, nucleic acids, and other biomolecules as well as microanalysis. Today, polyacrylamides are the preferred medium for all electrophoretic methods. They are also frequently used as drug and bioactive molecule delivery systems. It is anticipated that demand for polyacrylamides will rise since they are increasingly used in a variety of personal care and cosmetic goods, including creams, lotions, and self-tanning lotions.
By Raw Material
The Raw Material segment is natural, synthetic, and semi-synthetic. Synthetic segment led the largest share of the Water Dispersible Polymers market with a market share of around 38% in 2022. A sizable portion of the market's income is anticipated to come from synthetic water dispersible polymers. In order to change the physical characteristics of aquatic systems, synthetic water dispersible polymers either dissolve, scatter, or swell in water. They can also gelate, thicken, or stabilize emulsions.Hydrophilic functional groups including alcohol, ether, pyrrolidone, and amide, which are harmless and frequently biocompatible, are found in water dispersible synthetic polymers. Synthetic polymers that dissolve in water are often used in a variety of sectors, including the food and drug industries, as well as textile, paint, construction, paper, coatings, water treatment, and adhesives.
By Application
The application segment is water treatment, oil & gas, food, personal care & detergents, pharmaceutical, pulp & paper, and others. Water treatment segment led the largest share of the Water Dispersible Polymers market with a market share of around 18% in 2022. Water Dispersible polymers have several uses, including in the water treatment industry as well as in the oil and gas industry, personal care and detergents, food, pulp and paper, pharmaceuticals, and other industries including construction, mining, paints, explosives, agriculture, adhesives, and textiles. Due to growing ecological concerns and the adoption of strict environmental requirements in numerous nations, market demand is predicted to see considerable rise. In the approaching years, the segment will significantly expand as a result of pressure from regulatory organisations. The usage of synthetic polymers is encouraged by environmental rules governing drinking water quality and wastewater disposal.
Global Water Dispersible Polymers market- Sales Analysis.
The sale of Water Dispersible Polymers market products and applications expanded at a CAGR of 3.5% from 2016 to 2022.
Due to factors such as the usage of water dispersible polymers in shale gas drilling and their use in water injection projects, the market for water dispersible polymers is anticipated to increase by double digits over the course of the projected period. The water dispersible polymer market is likely to see expansion, especially in the water treatment sector, due to the current trend of offering a unique product in the water dispersible category with expanded functionality.
According to the categorization, the synthetic sector of the market for water dispersible polymers is anticipated to offer more prospects for the major producers, and its use will give the product more strength and the necessary viscosity.
Thus, owing to the aforementioned factors, the global Water Dispersible Polymers market is expected to grow at a CAGR of 6.5% during the Projection period from 2022 to 2030.
By Regional Analysis:
The regions analyzed for the Water Dispersible Polymers market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific region dominated the Water Dispersible Polymers market and held a 32% share of the market revenue in 2022.
Global Water Dispersible Polymers Market- Country Analysis:
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. In Germany due to the consistently expanding economy, it projected a sizable share in the worldwide market throughout the projection period. Additionally, the growing popularity of promoting superior healthcare is credited with increasing the market for Water Dispersible Polymers in Germany.
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. China, one of the biggest markets for water dispersible polymers is the water treatment sector. The Chinese government's emphasis on freshwater supply and water pollution has led to constant growth in the country's water treatment sector (wastewater treatment). Chinese pharmaceutical producers have shifted their attention to creating and manufacturing completed pharmaceutical goods, particularly for the domestic market.
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. Numerous businesses, including Suez, Abengoa, and SPML Infra, are funding water treatment projects in India. One of the greatest industries is the water and wastewater sector in the area. The water treatment industry is anticipated to rule the market in the region.
Key Industry Players Analysis:
To increase their market position in the global Water Dispersible Polymers market business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.
Latest Development:
Report Metrics
Report Attribute |
Details |
Study Period |
2022-2030 |
Base year |
2022 |
CAGR (%) |
6.5% |
Market Size |
34.22 billion in 2022 |
Projection period |
2023-2030 |
Projection unit |
Value (USD) |
Segments covered |
By Product, By Raw Material, By Application, and By Region. |
Report Scope |
Revenue Projection, competitive landscape, company ranking, growth factors, and trends |
Companies covered |
Wacker Chemie AG, Eastman, BASF SE, DowDuPont, Akzo Nobel N.V, Arkema Group, Gelita, Kuraray, CP Kelco, Ashland Inc, and Kemira Oyj. |
By Product |
|
By Raw Material |
|
By Application |
|
Regional scope |
|
Scope of the Report
Global Water Dispersible Polymers Market by Product:
Global Water Dispersible Polymers Market by Raw Material:
Global Water Dispersible Polymers Market by Application:
Global Water Dispersible Polymers Market By Region:
Global Water Dispersible Polymers market is expected to reach USD 56.63 billion by 2030.
The Water Dispersible Polymers market is projected to have a CAGR of 6.5%.
The rising demand for water soluble polymers in the oil and gas industry for cementing, fracturing, acidizing, controlling water production, etc., is primarily driving the global water soluble polymer market.
Based on the application, the Water Dispersible Polymers market is segmented into Water Treatment, Oil & Gas, Food, Personal Care & Detergents, Pharmaceuticals, Pulp & Paper and Others.
Leading market players active in the global Water Dispersible Polymers market are Wacker Chemie AG, Eastman, BASF SE, DowDuPont, Akzo Nobel N.V, Arkema Group, Gelita, Kuraray, CP Kelco, Ashland Inc, and Kemira Oyj, among others.
Political Factors- Government policy changes that happen often make the environment more unclear, which is bad for corporate success. The political climate of the nation must be closely monitored by water dispersible polymers market since shifts in power might affect the government's goals for the growth of certain businesses. The profitability of Bayer will be directly impacted by entering high-tax nations. High taxes impede exports and have an impact on global commerce. Water dispersible polymers market can enter markets with low taxes and gain from high profits that can be used to fund R&D initiatives. To understand the goals and interest of the host government in emerging sectors, the organisation may also investigate the taxation rules that are relevant to the industry.
Economical Factors- Organizational performance is directly impacted by a nation's economic development. Growing economies present the water dispersible polymers market with several prospects for expansion. In a similar vein, it's critical to comprehend the stage of the industrial lifecycle. Due to market saturation, entering mature sectors might be more difficult than entering businesses in the development stage. Additionally, the amount of money invested on essential infrastructure development by the government of the host nation has an impact on water dispersible polymers market financial success. The business climate is made easier by a well-developed infrastructure, which also boosts the gold industry's growth potential in the particular nation.
Social Factors- Any society's acceptance of hierarchy and wealth disparity may be seen in the power distance. When entering markets with a high or low power distance, water dispersible polymers market. must adjust its business management practises. The power structure is changing as a result of the rising inequality in many nations, which has significant ramifications for market's like water dispersible polymers market. Water dispersible polymers market must research the conventionally accepted gender norms in order to adapt its marketing and communication strategies. Traditional, patriarchal civilizations with well defined gender roles would have different marketing and human resource tactics than societies with less gender preconceptions.
Technological Factors- To stay ahead of the competition, water dispersible polymers market. should carefully consider the ongoing technological innovations. The potential for the 5G to improve business outcomes through improved user experience, better speed, and more access should be closely monitored. Such technological advancements have the power to fundamentally alter a sector and rewrite the guidelines for market participants' success. Additionally, it's crucial to take into account the technology's state of development and maturity in the relevant industry. By concentrating on newly developed technical advances, water dispersible polymers market can expand its market share by entering areas where technological development has not yet achieved maturity.
Environmental Factors- Businesses have been forced to implement cutting-edge recycling and waste management strategies due to the combination of rising environmental degradation and technological innovation. Recycling is nearly a corporate standard in several nations. Additionally, water dispersible polymers market must prioritise implementing effective waste management procedures in organisational divisions that are situated in or close to metropolitan regions. Many nations have established stringent regulations to safeguard their metropolitan regions via efficient garbage management.
Legal Factors- As some nations have strict regulations to ensure labour safety, water dispersible polymers market. must abide by the laws governing employee/labor health and safety. water dispersible polymers market has an ethical and moral duty to give its employees a safe working environment. In a similar vein, anti-discrimination laws (such as equal employment opportunity laws) also need to be carefully considered when developing human resource practises as discriminatory lawsuits against employers harm the organisational image and affect organisations' capacity to attract and retain talent.
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