The Latin America, Middle East and Africa Water soluble polymer Market would witness market growth of 7.2% CAGR during the forecast period (2019-2025).
Polyvinyl alcohol, a water-soluble polymer, is widely used for making textile yarn and paper stronger, particularly textile yarn to make it more adaptable to grease and oil. In the food industry, casein is used in cream-based soups, pudding, sherbet, custard, and others as a nutritional supplement, thickener, emulsifier, and texture stabilizer.The growing urbanization has generated the need for houses and residential complexes, which boosts the demand for these polymers among the end-user segments. Rising urbanization is the result of the increasing population around the globe producing housing requirement, a housing complex that indirectly boosts supply for sections of end-users.
The segment of detergents & household products is projected to grow in the forecast period at the high growth rate. It is anticipated that this segment will have a significant market share by 2025. The water-soluble polymer is used in detergents and household products as an anti-redeposition agent. In addition, wide consumption per capita of detergents & household products in developing markets has resulted in the segment's higher growth.
Based on Type, the market is segmented into Polyacrylamide & Copolymers, Guar Gum & Derivatives, Polyvinyl Alcohol, Casein, Gelatin, Polyacrylic Acid & Copolymers and Other Types. Based on Application, the market is segmented into Water Treatment, Detergents & Household Products, Paper Making, Petroleum and Other Applications. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SNF SAS (S.P.C.M. S.A.), Kemira OYJ, J.M. Huber Corporation, GELITA AG, BASF SE, Arkema S.A., Ashland Global Holdings, Inc., Kuraray Co. Ltd., Mitsubishi Chemical Holdings Corporation, LG Corporation (LG Chemicals Ltd.)
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Companies Profiled
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