Press Release

Water Soluble Polymers Market in India Set To Grow at CAGR 11% till 2026

Rapid urbanization coupled with increasing water & wastewater treatment plants, growing application of water soluble polymers in various end use industries are expected to steer India water soluble polymers market through 2026

According to TechSci Research report, India Water Soluble Polymers Market By Type, By Application, Competition Forecast & Opportunities, 2012 – 2026”, water soluble polymers market in India is projected to grow at a CAGR of over 11% during 2017-2026 on account of rising health awareness and augmenting demand for water soluble polymers in food & beverages, personal care and cosmetics sector. Moreover, implementation of stringent regulatory policies, growth in pharmaceutical industry and favorable government initiatives are also likely to escalate demand for water soluble polymers through 2026. India wastewater treatment plants market size is anticipated to reach $ 3.23 billion by 2021 and India pharmaceutical market size is expected to reach $ 55 billion by 2022. Growth in these sectors is estimated to positively influence the market’s performance over the coming years.

Browse 15 market data Tables and 37 Figures spread through 104 Pages and an in-depth TOC on "India Water Soluble Polymers Market"

https://www.techsciresearch.com/report/india-water-soluble-polymers-market-by-type-guar-gum-polyacrylamide-gelatin-cellulose-ether-others-by-application-food-beverages-pharmaceuticals-water-wastewater-treatment-others-competition-forecast-opportunities/1030.html

In 2016, guar gum captured a majority share in India water soluble polymers market owing to its utilization primarily as a natural food additive in food and beverages industry; however, it is expected to witness marginal decline in its share by 2026. The fastest growth in demand is predicted to be exhibited by polyacrylamide, which held the second largest share in the market in 2016. In terms of end use application, food & beverages industry grabbed the largest pie in the market in the indicated year and is anticipated to maintain its dominance through 2026, followed by pharmaceutical and water & wastewater treatment applications. Some of the leading players operating in the market include SNF (India) PVT LTD, Jai Bharat Gum And Chemicals LTD, Vikas WSP Limited, Narmada Gelatines Ltd, Hindustan Gum & Chemicals Ltd., Nitta Gelatin India Limited, India Gelatine & Chemicals Ltd., etc.

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Expanding pharmaceuticals, food & beverage, and health sectors are anticipated to fuel demand for water soluble polymers in the country during the forecast period. West region commands the market due to presence of major pharmaceutical hubs, which is likely to boost demand for water soluble polymers in the region through 2026. Moreover, utilization of the polymers in mining and mineral processing and rapidly expanding nutraceutical industries is expected to propel the market in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.   

India Water Soluble Polymers Market By Type, By Application, Competition Forecast & Opportunities, 2012 – 2026” has evaluated the future growth potential of India 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 analyzes the emerging trends along with essential drivers, challenges and opportunities in India water soluble polymers market.

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Relevant Reports

India Water Soluble Polymers Market By Type (Guar Gum, Polyacrylamide, Gelatin, Cellulose Ether & Others), By Application (Food & Beverages, Pharmaceuticals, Water & Wastewater Treatment & Others), Competition Forecast & Opportunities, 2012 – 2026

Chemicals | Jun, 2017

Rapid urbanization coupled with increasing water & wastewater treatment plants, growing application of water soluble polymers in various end use industries are expected to steer India water soluble polymers market through 2026

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