NEW YORK, September 23, 2016 /PRNewswire/ --
Water soluble polymers are chemicals which dissolve, disperse or swell in water and modify their physical properties by undergoing changes like thickening, gelation and emulsification. There are a variety of water soluble polymers available across the globe and can be segmented on the basis of raw materials as: synthetic, semi-synthetic and natural water soluble polymers. Synthetic water soluble polymers are the most widely used category of water soluble polymers, which finds large application across various industrial applications. and holds the major share in the US Water Soluble Polymers market. However, On the basis of type, the water soluble market is segmented into following categories: Polyacrylamide, Guar Gum, Polyvinyl Alcohol, Casein & Caseinates, Gelatin, Polyacrylic Acid etc. Polyacrylamide is the most widely used type in the water soluble market regionally with increasing demand of guar gum derivatives.
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United States Water Soluble Polymer Market: Drivers and Restraints
Rising environmental concerns regarding water treatment has resulted in installation of a large number of water treatment plants in the US, which necessitate the requirement for water soluble polymers during the water treatment process. Additionally, expanding food processing industries are expected to increase the demand of water soluble polymers in the country. Revolution in shale gas, with increased extraction using hydraulic fracturing and enhanced oil recovery, are set to drive the water soluble polymers market in United States. However, increased use of household and personal care products coupled with favorable economic conditions is contributing to increased use of water soluble polymers in the US. However, fluctuating raw material prices for water soluble polymer production and dependency on imports of guar gum derivatives are expected to be the major restraints in the growth of US Water Soluble Polymer market over the next ten years.
United States Water Soluble Polymer Market: Segmentation
Based on type, United States water soluble polymers market is segmented as:
Based on end use industry, United States water soluble polymers market is segmented as:
United States Water Soluble Polymer Market: Overview
Water soluble polymers market in United States is valued at around USD5.5 billion and is expected to witness steady growth through 2025 on account of growing use of shale gas reserves in the region with increased use of hydraulic fracturing and drilling techniques, rising awareness about environmental concerns and the use of coagulants and flocculants for water treatment along with rising demand from food & beverage processing industries in United States. Moreover, use of natural food additives, increasing use of cosmetics and personal care products coupled with growing pharmaceuticals sector and rising awareness about disposable waste management with developing trends of film packaging and green packaging among individuals are the factors leading to increased use of different types of water soluble polymers and are set to drive the water soluble polymers market in United States through 2025.
United States Water Soluble Polymer Market: Region-wise Outlook
Rising awareness across various regions of the country regarding the need of water treatment, food processing industries, enhanced oil recovery and increasing shale gas extraction is anticipated to aid the demand for water soluble polymers throughout the United States. Mid- Western, South Eastern and North Eastern regions are the major demand generator for water soluble polymers in the country as they have abundance of oil & gas reserves with numerous water treatment plants, emanating large demand for water soluble polymers. Over the next nine years, these regions are expected to capture augmented share in the United States water soluble polymers market. However, South Western and Western regions witness comparatively lower growth in demand for water soluble polymers and are projected to exhibit slower year on year growth for water soluble polymers.
United States Water Soluble Polymer Market: Key Players
Key players in the U.S Water Soluble Market includes SNF Holding Co., The Dow Chemical Company, Ashland Inc, DuPont, BASF, Kuraray America Inc. and Others.
The report covers exhaustive analysis on:
"United States Water Soluble Polymers Market By Type (Polyacrylamide, Guar Gum, Polyvinyl Alcohol etc.), By End Use Industry (Water Treatment, Food Processing, Enhanced Oil Recovery etc.), By Region, Competition Forecast & Opportunities, 2011-2025" has analyzed the potential of the United States water soluble polymer market and provides statistics and information on market sizes, shares, and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.
Report Highlights:
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