Lucintel's latest market report analyzed that water soluble polymer provides attractive opportunities in the wastewater treatment, cosmetic and personal care product, oil & gas, food, and pulp & paper sectors. The water soluble polymer market is expected to reach $36.2 billion by 2028 with a CAGR of 5.5%. In this market, polyacrylamide is the largest segment by product type, whereas wastewater treatment is largest by end use industry.

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Based on product type, the water soluble polymer market is segmented into polyacrylamide, polyvinyl alcohol, guar gum, gelatin, casein, polyacrylic acid, and others. The polyacrylamide segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the increasing usage in the drilling and pulp & paper and mining industries.

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The Water Soluble Polymer Market is marked by the presence of several big and small players. Some of the prominent players offering water soluble polymer include BASF SE, Ashland Global, Arkema S.A., DuPont, and SNF Group.

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