Water Treatment Polymers Market

Global Water Treatment Polymers Market Overview

Water Treatment Polymers Market was valued at USD 41.8 Billion in 2022. The Water Treatment Polymers industry is projected to grow from USD 44.7 Billion in 2023 to USD 76.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.90% during the forecast period (2023 - 2032). High demand for water treatment polymers, especially in the semiconductor, food and beverage, pharmaceutical, and thermoelectric power plant industries, as well as a continuously expanding global population, are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Water Treatment Polymers Market Trends

• High demand for water treatment polymers is driving the market growth

Particularly in thermoelectric power plants, semiconductors, pharmaceuticals, food and beverage, mining & metal, oil & gas, petrochemical, and some other industries, there is a high demand for water treatment polymers for a variety of uses including cooling, heating systems, manufacturing operations, consumption, and many more. Given the rapid expansion of all these end-user groups, the global market for water treatment polymers is expected to experience significant growth over the upcoming years. For instance, government programs in Europe are probably going to foster a climate that will help the market expand there. However, there is a tremendous demand for water treatment polymers due to the increasing industrialization that is occurring globally. This water treatment polymer is extensively utilised in the industrial sector for heat exchanger fluids and steam generation in power plants. The global market for water treatment polymers is expanding as a result of the world's continuously expanding population.

The escalating need for a constant supply of fresh water that has been treated by the expanding population will result in an increase in government laws and regulations, which will further the rise. Many emerging and seasoned leaders are being drawn to seize this chance by the rising demands. But there is a strong focus on reducing the global footprint. Industry leaders are being strongly compelled by this new business environment to focus on mergers and acquisitions in order to accomplish their goals. For instance, in order to acquire a competitive edge in the market, Solenis and BASF combined their water treatment businesses. Over the forecast period, the expansion of the worldwide water treatment polymers market is expected to be boosted by government regulations on wastewater treatment due to its detrimental effects on the environment and reinjection policies in various industries. For instance, organisations like India Waterworks, the Environmental Protection Agency, and the Association European Water Association are actively involved in agricultural policies and laws related to wastewater treatment for reuse and disposal operations. Thus, driving the Water Treatment Polymers market revenue. A peptide sensor was developed by researchers at the Tokyo Institute of Technology in November 2021 that identifies water-soluble polymers in wastewater – a very grave problem right now after microplastics. This innovative method produces a machine learning system wherein many pollutants are known and measured in one solution via peptide-polymer bonding. LG Chem will start producing bio-based polymers at two facilities in May 2021. On nine bio-balanced products, including SAP, PO (polyolefin), and PC (polycarbonate) compounds, LG Chem earned ISCC Plus accreditation. SNF Group is planning to strengthen its manufacturing capabilities in Oman by January 2024. The group had invested $250 million towards this expansion project in Oman. SNF plans to open a regional SNF Technical Centre in Muscat, Oman, in 2024, which will serve as an R&D hub for the entire Gulf region. The facility strengthens SNF's commitment to creating the most advanced polymer technology globally that supports customers.

Water Treatment Polymers Market Segment Insights

Water Treatment Polymers Product Type Insights

The Water Treatment Polymers Market segmentation, based on Product Type, includes Polyacrylamides, Polyacrylates, and Quaternary Ammonium Polymers. Polyacrylamides segment dominated the global market in 2022. This is a result of the fact that demand for flocculant, which is used by a variety of end-users in industries including semiconductors, oil & gas, and mining & metals, is always expanding.

Water Treatment Polymers Application Insights

The Water Treatment Polymers Market segmentation, based on Application, includes Preliminary Treatment, Water Treatment, and Sludge Treatment. Preliminary treatment segment dominated the global market in 2022. This can be ascribed to the rise in government measures to supply companies and the general public with clean and safe water.

Water Treatment Polymers End User Insights

The Water Treatment Polymers Market segmentation, based on End User, includes Residential Buildings, Commercial Buildings, Municipality, and Industrial. Industrial segment dominated the Water Treatment Polymers Market in 2022. This is because of the accelerating industrialization and the increasing requirement for power plants to increase their production capacity, which will likely increase the demand for water treatment for things like steam generation and cooling towers. However, due to the increasing applications of treated water in the power generating sector, the segment is projected to rule the worldwide water treatment polymers market in the approaching years..

Figure 1: Water Treatment Polymers Market, by End User, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Water Treatment Polymers Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Water Treatment Polymers Market dominated this market in 2022 (45.80%). This is brought on by a rise in demand from the oil and gas sector. The oil and gas industry's growing need for these materials is primarily driven by activities including drilling, well completion, production, and improved oil recovery. The enhanced oil recovery technique is anticipated to play a large role in oil and gas extraction operations as the U.S. continues to advance fracking technologies, fueling regional market expansion. Growing demand from the oil & gas industry is projected to fuel market growth since these polymers offer higher customizability than other injection fluids used in enhanced oil recovery. Further, the U.S. Water Treatment Polymers market held the largest market share, and the Canada Water Treatment Polymers market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: WATER TREATMENT POLYMERS MARKET SHARE BY REGION 2022 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Water Treatment Polymers market accounted for the healthy market share in 2022. This can be attributed to the industry's growing demand for detergent and personal care products. Water soluble polymers are added to commercial liquid laundry detergents and liquid dishwashing products. The need for detergent products is anticipated to rise as people become more aware of the benefits of maintaining personal cleanliness during the COVID-19 pandemic, therefore boosting the market growth for water soluble polymers. Further, the German Water Treatment Polymers market held the largest market share, and the U.K Water Treatment Polymers market was the fastest growing market in the European region

The Asia Pacific Water Treatment Polymers market is expected to register significant growth from 2023 to 2032. Due to growing environmental concerns and expenditures from corporate and governmental parties to stop ecological damage, the municipal and industrial wastewater treatment sector will expand. As an illustration, China intends to increase their investment in rural wastewater treatment systems by USD 18.5 billion during their 14th five-year plan (2021-2025), which follows an investment of USD 80.7 billion in city wastewater treatment systems during their 13th five-year plan (2015-2020). Water soluble polymers are produced and consumed in large quantities in China. Given that the wastewater treatment sector is anticipated to grow over the course of the forecast period, there will likely be an increase in the demand for polymers like polyacrylamide in the region. Polyacrylamide is a common flocculating and coagulating agent in wastewater treatment. Moreover, China’s Water Treatment Polymers market held the largest market share and the Indian Water Treatment Polymers market was the fastest growing market in the Asia-Pacific region.

Water Treatment Polymers Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Water Treatment Polymers market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Water Treatment Polymers industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Water Treatment Polymers industry to benefit clients and increase the market sector. In recent years, the Water Treatment Polymers industry has offered some of the most significant advantages to medicine. Major players in the Water Treatment Polymers market, including Ashland, Arkema, BASF SE, CP Kelco US Inc., DuPont, Gantrade Corporation, Kemira, Kuraray Co. Ltd, Merck KGaA, Mitsubishi Chemical Corporation, Nouryon, Polysciences Inc., SNF Group, and Sumitomo Seika Chemicals Company, are attempting to increase market demand by investing in research and development Applications.

A chemical corporation is BASF SE (BASF). Chemicals, polymers, crop protection products, and performance goods are produced, marketed, and sold by it. Solvents, adhesives, surfactants, fuel additives, electronic chemicals, pigments, paints, food additives, fungicides, and herbicides are among the company's product offerings. Construction, furniture and wood, agricultural, electronics and electrical, paints and coatings, automotive, home care, nutrition, chemicals, and other industries are among the many that the company serves. R&D is conducted by BASF in collaboration with international clients, partners, and scientists. A global network of production sites supports the company's operations. It is present throughout North America, Europe, Asia Pacific, South America, Africa, and the Middle East.

Chemical firm Kemira Oyj (Kemira) provides goods and services to clients in water-intensive sectors. Its product line also includes speciality chemicals for pulping, anti-scalants, biocides, dispersants, polymers, organic binders, organic pigments, and anionic dyestuffs. Along with process control and monitoring services, Kemira also offers technical services such as application support and overall chemical management. Kemira provides its goods and services to sectors like pulp and paper, oil and gas, mining, and municipal and industrial water treatment. Through subsidiaries and offices in the Americas, Asia-Pacific, Europe, the Middle East, and Africa, the company conducts business. Ashland Global Holdings Inc.: Ashland introduced the Aquaflow™ NX Series, which is a new line of hydroxyethylcellulose (HEC) polymers in 2021. These polymers are designed to work across multiple applications, including coatings, construction, personal care, and oil and gas. The series features different levels of viscosity and compatibility with other materials.

Key Companies in the Water Treatment Polymers market include

• Ashland
• Arkema
• BASF SE
• CP Kelco US Inc.
• DuPont
• Gantrade Corporation
• Kemira
• Kuraray Co. Ltd
• Merck KGaA
• Mitsubishi Chemical Corporation
• Nouryon
• Polysciences Inc.
• SNF Group
• Sumitomo Seika Chemicals Company

Water Treatment Polymers Industry Developments

In August 2022, BASF and Nippon Paint China jointly launched environmentally friendly industrial packaging - the world’s largest paint manufacturer together with Nippon Paint China on their dry mixed mortar series chose eco-friendly industrial packaging projected through Nippon Paint China. BASF, as a barrier material, commercialized its water-based acrylic dispersion Joncryl High-Performance Barrier (HPB) for use in Nippon Paint’s dry mortar products as a new packaging material. In March 2022, Kemira started the production of a new polymer at full scale from a biobased feedstock. A first batch of this product for testing was delivered to one of the wastewater treatment plants operated by Helsinki Region Environmental Services (HSY). The company offers biomass-balanced polyacrylamide (PAM), which is an aqueous soluble polymer, as an equivalent substitute for this specific type of polymer. These polymers find applications in various industries, including the water & energy sector, along with paper-making processes having high demand.

Water Treatment Polymers Market Segmentation

Water Treatment Polymers Product Type Outlook

• Polyacrylamides
• Polyacrylates
• Quaternary Ammonium Polymers

Water Treatment Polymers Application Outlook

• Preliminary Treatment
• Water Treatment
• Sludge Treatment

Water Treatment Polymers End User Outlook

• Residential Buildings
• Commercial Buildings
• Municipality
• Industrial

Water Treatment Polymers Regional Outlook

• North America

  • US
  • Canada

• Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe

• Asia-Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Australia
  • Rest of Asia-Pacific

• Rest of the World

  • Middle East

  • Africa

  • Latin America

Water Treatment Polymers Market Segmentation

Water Treatment Polymers Product Type Outlook (USD Billion, 2018-2032)

• Polyacrylamides

• Polyacrylates

• Quaternary Ammonium Polymers

Water Treatment Polymers Application Outlook (USD Billion, 2018-2032)

• Preliminary Treatment

• Water Treatment

• Sludge Treatment

Water Treatment Polymers End Use Outlook (USD Billion, 2018-2032)

• Residential Buildings

• Commercial Buildings

• Municipality

• Industrial

Water Treatment Polymers Regional Outlook (USD Billion, 2018-2032)

• North America Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • US Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Canada Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

• Europe Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Germany Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • France Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • UK Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Italy Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Spain Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Rest Of Europe Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

• Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • China Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Japan Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • India Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Australia Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

• Rest of the World Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Middle East Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Africa Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial

  • Latin America Outlook (USD Billion, 2018-2032)

  • Water Treatment Polymers by Product Type

    • Polyacrylamides

    • Polyacrylates

    • Quaternary Ammonium Polymers

  • Water Treatment Polymers by Application

    • Preliminary Treatment

    • Water Treatment

    • Sludge Treatment

  • Water Treatment Polymers by End Use

    • Residential Buildings

    • Commercial Buildings

    • Municipality

    • Industrial