Market Size of Water-soluble Polymer Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 36.93 Billion |
| Market Size (2029) | USD 48.21 Billion |
| CAGR (2024 - 2029) | 5.48 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Water-soluble Polymer Market Analysis
The Water-soluble Polymer Market size is estimated at USD 36.93 billion in 2024, and is expected to reach USD 48.21 billion by 2029, growing at a CAGR of 5.48% during the forecast period (2024-2029).
The COVID-19 pandemic affected the water-soluble polymer market negatively. However, the market is propelled after the pandemic owing to its surging application in the food and beverage industry.
- The factors driving the market's growth are North America's growing shale gas industry and the rising water treatment industry.
- On the flip side, the fluctuating prices of raw materials will likely hamper the market growth during the forecast period.
- The increasing demand for bio-based acrylamide and its growing application in the pharmaceutical industry will likely provide numerous future opportunities for manufacturers.
- The Asia-Pacific region dominated the global market and is projected to register the highest CAGR during the forecast period.
