US Water Soluble Polymers Market Set to Surpass $11 Billion by 2025
Rising
awareness for the need of water treatment and the increased extraction of oil
and gas reserves in the region are expected to steer the US water soluble polymers
market through 2025.
According to TechSci Research
report, “US Water Soluble Polymers Market By Type, By End Use Application, Competition Forecast &
Opportunities, 2011-2025,
water soluble polymers market is forecast to cross US$11billion mark by 2025. Continuously
growing pharmaceutical industry, increasing demand for water soluble polymers
in oil and gas extraction activities, food & beverages, personal care and
cosmetics sector are expected to boost the demand for water soluble polymers in
the United States. This growth in the water soluble polymers market can be attributed to strong emphasis
on increasing need for wastewater treatment activities and wide use of major
types of these polymers in pulp and paper making industries. Strict environment
regulations and various applications in number of end use industries are
expected to escalate the demand for water soluble polymers in the United States
through 2025. The major producers of the
different types of water soluble polymers in the United States includes Ashland
Inc., SNF Holding Co., Kemira Chemicals, Inc. and E.I. Du Pont De Nemours &
Co.
Browse 11 market data Tables and 59 Figures spread
through 124 Pages and an in-depth TOC on "US Water Soluble Polymers Market"
https://www.techsciresearch.com/report/us-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-2011-2025/784.html
Polyacrylamides
hold the largest share of application in water soluble polymers market and is
expected to continue holding the largest share in the market during the
forecast period, 2016-2025 on account of continuously growing need for
wastewater treatment in the region. United States municipal wastewater
treatment market stood at US$7.11 billion in 2013, and valued at around US$7.93
billion in 2015, exhibiting growth at a CAGR of 5.61% during 2013-2015. Moreover,
increase in the applications of guar gum and its derivatives in the oil &
gas industry and further use as natural additives in the food industry are
expected to grow on account of boom in shale gas extraction in the region and
continuous growth in food & beverages sector. Moreover, cellulose ether
applications are expected to experience progress majorly because of growth in
the country’s pharmaceutical sector and increasing use of cosmetics and
personal care products. United States pharmaceutical market, which stood at US$380
billion in 2015 is projected to grow at a CAGR of 5.60% over the next six years
to reach US$527 billion by 2021.
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“US water soluble
polymers market is dominated by South East region due to increase in the number
of industrial and municipal wastewater treatment plants, and continuous growth
in the region’s shale gas recovery with demand propelling from currently
existing petrochemical industries in the region. However, over the forecast
period, South West region is projected to exhibit the fastest growth in the
United States water soluble polymers market. Recent advances in the shale gas evolution
are promoting drilling activities in the region, which would result in
augmented demand for water soluble polymers like polyacrylamides and guar gum
across the region.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“US Water
Soluble Polymers Market By Type, By End Use Application, Competition Forecast
& Opportunities, 2011-2025” has evaluated the future growth
potential of US water soluble polymers market and provides statistics and information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment evaluation. Besides, the report also identifies and analyses the
emerging trends along with essential drivers, challenges and opportunities in US
water soluble polymers market.
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