Increasing consumption of water treatment polymers in various industries is anticipated to propel the growth of the water treatment polymers market. According to a new study by Future Market Insights (FMI), the market is likely to reach a value of US$ 3.30 Billion by the end of 2031
Rising demand for continuous water supply from mining & metals, food & beverages, oil & gas, semiconductor, and pharmaceutical industries along with growing demand for an uninterrupted supply of potable water are the key factors driving the global water treatment polymers market.
Increasing consumption of water treatment polymers in municipal, and Industrial segments will remain a chief growth driver. Municipal water treatment and industrial water treatment together accounts for more than three fourth of the market.
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Key Takeaways of water treatment polymers Market Study
- Driven by application across diverse sectors, the water treatment polymers market will surge at 6.9% CAGR between 2021 and 2031
- Government initiatives towards ensuring safe water have enabled the U.S. to account for the dominant 86.5% of North American market in 2021
- The demand in the U.K. will remain steady, exhibiting 3.6% y-o-y growth in 2021
- Increasing investment in wastewater treatment to drive growth in Germany and France
- Government initiatives toward curbing air, water, and land pollution to drive growth in Japan and South Korea
“East Asia and South Asia Pacific are gradually recovering from the economic implications of the pandemic. While several end users had to witness setback amid COVID-19, their operations are returning to normalcy since governments are gradually withdrawing restrictions on free movement. Water treatment polymers market players see this as an opportunity to expand their business and regain momentum after a temporary period of lull” said by a FMI analyst.
Competitive Landscape
Companies operating in the market have been focusing on innovations. There is an immnense focus on offering more efficient solutions depending upon evolving needs of end users. The global water treatment polymer market is considered fairly fragmented due to the presence of numerous players. Besides this, collaborations have been a key strategy among market players as they aim at expanding their regional footprint as well as their product portfolio.
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Who is Winning?
The global water treatment polymer market can be considered fairly fragmented. A large number of players account for a small share of the total water treatment polymers market. To survive in the market, manufacturers are focusing on long-term contracts with end users for maximizing profits and ensuring continuous revenue flow.
Key market participants include Suez Water Technologies and Solutions, Solenis, Ecolab Inc., Kemira Oyj, Thermax Limited, Chemigate ltd., Alken-Murray Corporation, Aries Chemical Inc., Chemco Products Inc., CHEM.ENGI s.r.o., SNF Group, Accepta Water Treatment products Co., Beackart Environmental Inc., Pentair, Dow Chemical Company, and ShanDong XinTai Water Treatment Technology Co. Ltd. are focusing on increasing their share in the global market by entering into strategic acquisitions with local and regional players.
Water Treatment Polymers Market by category
Product Type
- Polyacrylamides
- Polyacrylates
- Quaternary Ammonium Polymers
- Polyamines
Application
- Preliminary Treatment
- Water Treatment
- Sludge Treatment
End-Use
- Residential Buildings
- Commercial Buildings
- Municipality
- Industrial
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Want to Know More?
Future Market Insights has published a market research report on the Water Treatment Polymers market that contains global, regional, and 20+ countries’ industry analysis for 2016–2020 and an opportunity assessment for 2021–2031.
The report provides an insightful analysis of the Water Treatment Polymers market through four different segments- product type, application, end-use, and region. The Water Treatment Polymer market report further provides demand trends of different types across industry verticals, a comprehensive list of service providers in the market along with a detailed overview of the parent market.
About FMI
Future Market Insights (ESOMAR-certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments based on Source, Application, Sales Channel, and End Use over the next 10 years.
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