The global water soluble polymer market size reached USD 39.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 56.3 Billion by 2033, exhibiting a growth rate (CAGR) of 4.13% during 2025-2033. The increasing demand in water treatment industries due to growing environmental concerns is stimulating the market.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024
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USD 39.1 Billion |
Market Forecast in 2033
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USD 56.3 Billion |
Market Growth Rate 2025-2033 | 4.13% |
Increasing Demand For Sustainable Packaging
Water-soluble polymers are gaining traction in the packaging industry due to their eco-friendly properties. Moreover, these polymers disintegrate easily in water, helping to reduce plastic waste and supporting environmental goals. Also, their use aligns with increasing global emphasis on reducing environmental impact and enhancing waste management solutions. For instance, in June 2024, Mondi launched SolmixBag, a water-soluble cement bag made from 100% kraft paper. It aids in reducing dust and waste. This innovation, developed with Cemex, supports sustainability goals and complies with Spain's waste management regulations.
Growth in Pharmaceutical Excipient Applications
Water-soluble polymers are widely used in the pharmaceutical industry for drug delivery systems. In contrast, they help in controlling the release of active ingredients in medications, thereby improving bioavailability and patient compliance. Furthermore, their role in enhancing the functionality of oral and injectable drugs drives demand in the pharmaceutical sector. This is accelerating the water soluble polymer market growth. For instance, in September 2024, Evonik opened a new facility in Darmstadt for drying aqueous dispersions of EUDRAGIT polymers, a key water-soluble polymer for oral drug delivery. This expansion improves supply security, reduces delivery times, and operates sustainably using green electricity and waste-incineration-generated steam.
Cost-efficient and Energy-saving Manufacturing Solutions
Water-soluble polymers offer cost benefits in production processes by eliminating the need for complex solvent-based systems. In addition, they reduce energy consumption as they often do not require extensive heating or special equipment. Also, this efficiency lowers operational costs and promotes resource conservation in manufacturing industries. For instance, in June 2024, Kuraray launched water-based polyvinyl alcohol solutions, Kuraray Poval/Exceval, enhancing the market. These ready-to-use solutions offer consistent quality, energy savings, customizable blends, and reduced processing costs by eliminating the dissolution process while promoting sustainability with a low carbon footprint from Frankfurt.
IMARC Group provides an analysis of the key trends in each segment of the market, along with the market forecast at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on type, raw material type, and end use industry.
Breakup by Type:
Polyacrylamide currently dominates the market
The report has provided a detailed breakup and analysis of the market based on the type. This includes polyacrylamide, polyvinyl alcohol, guar gum, gelatin, xanthan gum, polyacrylic acid, polyethylene glycol, and others. According to the report, polyacrylamide represented the largest market segmentation.
Polyacrylamide exhibits a clear dominance in the market due to its extensive use in water treatment, where it helps in flocculation and sedimentation. For example, BASF launched new polyacrylamide-based products, which enhance efficiency in industrial wastewater management applications.
Breakup by Raw Material Type:
Synthetic currently dominates the market
The report has provided a detailed breakup and analysis of the market based on the raw material type. This includes synthetic, natural, and semi-synthetic. According to the report, synthetic represented the largest market segmentation.
Synthetic water-soluble polymers lead the market due to their versatility and cost-effectiveness. For example, Ashland launched a synthetic polymer, Polyplasdone Ultra, used in pharmaceutical formulations to enhance drug solubility, thereby highlighting its growing applications across industries.
Breakup by End Use Industry:
Water treatment currently holds the largest water soluble polymer market share
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes water treatment, food and beverage, personal care and hygiene, oil and gas, pulp and paper, pharmaceutical, and others. According to the report, water treatment represented the largest market segmentation.
Water treatment dominates the market, which is driven by increasing demand for clean water in industrial and municipal applications. For instance, BASF launched its Zetag series of polymers, enhancing water purification efficiency in wastewater treatment plants.
Breakup by Region:
Asia-Pacific currently dominates the market
The market outlook report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific accounted for the largest water soluble polymer market share.
Asia-Pacific dominates the market, which is driven by strong demand from industries like pharmaceuticals, water treatment, and agriculture. In contrast, countries such as China and India are leading due to rapid industrialization and growing environmental concerns, particularly in water treatment solutions. For instance, Kuraray, a major player, expanded its production of water-soluble polyvinyl alcohol in Asia to meet rising demand in the agriculture and textile sectors. Moreover, this region's economic growth and expanding applications across sectors further boost market leadership.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all market companies have also been provided. Some of the key players in the market include:
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Types Covered | Polyacrylamide, Polyvinyl Alcohol, Guar Gum, Gelatin, Xanthan Gum, Polyacrylic Acid, Polyethylene Glycol, Others |
Raw Material Types Covered | Synthetic, Natural, Semi-Synthetic |
End Use Industries Covered | Water Treatment, Food and Beverage, Personal Care and Hygiene, Oil and Gas, Pulp and Paper, Pharmaceutical, Others |
Regions Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | Arkema S.A., Ashland Inc., BASF SE, Dow Inc., DuPont de Nemours Inc., J.M. Huber Corporation, Kemira Oyj, Kuraray Co. Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corporation, SNF, Sumitomo Seika Chemicals Company Ltd., etc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global water soluble polymer market size was valued at USD 39.1 Billion in 2024.
We expect the global water soluble polymer market to exhibit a CAGR of 4.13% during 2025-2033.
The rising demand for water soluble polymers in the oil and gas industry for cementing, fracturing, acidizing, controlling water production, etc., is primarily driving the global water soluble polymer market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end use industries for water soluble polymer.
Based on the type, the global water soluble polymer market can be segmented into polyacrylamide, polyvinyl alcohol, guar gum, gelatin, xanthan gum, polyacrylic acid, polyethylene glycol, and others. Currently, polyacrylamide holds the majority of the total market share.
Based on the raw material type, the global water soluble polymer market has been divided into synthetic, natural, and semi-synthetic. Among these, synthetic currently exhibits a clear dominance in the market.
Based on the end use industry, the market can be categorized into water treatment, food and beverage, personal care and hygiene, oil and gas, pulp and paper, pharmaceutical, and others. Currently, the water treatment industry accounts for the largest water soluble polymer market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global water soluble polymer market include Arkema S.A., Ashland Inc., BASF SE, Dow Inc., DuPont de Nemours Inc., J.M. Huber Corporation, Kemira Oyj, Kuraray Co. Ltd., Merck KGaA, Mitsubishi Chemical Holdings Corporation, SNF, and Sumitomo Seika Chemicals Company Ltd.