Water Soluble Polymers Market in India Set To Grow at CAGR 11% till 2026
Rapid
urbanization coupled with increasing water & wastewater treatment plants,
growing application of water soluble polymers in various end use industries are
expected to steer India water soluble polymers market through 2026
According to TechSci Research
report, “India Water Soluble Polymers Market By Type, By Application, Competition Forecast & Opportunities, 2012
– 2026”,
water soluble polymers market in India is projected to grow at a CAGR of over
11% during 2017-2026 on account of rising health awareness and augmenting demand
for water soluble polymers in food & beverages, personal care and cosmetics
sector. Moreover, implementation of stringent
regulatory policies, growth in pharmaceutical industry and favorable government
initiatives are also likely to escalate demand for water soluble polymers
through 2026. India wastewater
treatment plants market size is anticipated to reach $ 3.23 billion by 2021 and
India pharmaceutical market size is expected to reach $ 55 billion by 2022. Growth
in these sectors is estimated to positively influence the market’s performance over
the coming years.
Browse 15 market
data Tables and 37 Figures spread through 104 Pages and an in-depth TOC on "India Water Soluble Polymers Market"
https://www.techsciresearch.com/report/india-water-soluble-polymers-market-by-type-guar-gum-polyacrylamide-gelatin-cellulose-ether-others-by-application-food-beverages-pharmaceuticals-water-wastewater-treatment-others-competition-forecast-opportunities/1030.html
In 2016, guar gum captured a majority share in India water soluble polymers market owing to its utilization primarily
as a natural food additive in food and beverages industry; however, it is
expected to witness marginal decline in its share by 2026. The fastest growth
in demand is predicted to be exhibited by polyacrylamide, which held the second
largest share in the market in 2016. In terms of end use application, food
& beverages industry grabbed the largest pie in the market in the indicated
year and is anticipated to maintain its dominance through 2026,
followed by pharmaceutical and water & wastewater treatment applications. Some of the leading players operating in the market include SNF (India) PVT LTD, Jai Bharat Gum And
Chemicals LTD, Vikas WSP Limited, Narmada Gelatines Ltd, Hindustan Gum & Chemicals Ltd., Nitta
Gelatin India Limited, India Gelatine & Chemicals Ltd., etc.
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“Expanding
pharmaceuticals, food & beverage, and health sectors are anticipated to
fuel demand for water soluble polymers in the country during the forecast
period. West region commands the market due to presence of major pharmaceutical
hubs, which is likely to boost demand for water soluble polymers in the region
through 2026. Moreover, utilization of the polymers in mining and mineral
processing and rapidly expanding nutraceutical industries is expected to propel
the market in the coming years.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“India Water Soluble Polymers Market By Type, By Application, Competition Forecast
& Opportunities, 2012 – 2026” has evaluated the future
growth potential of India water soluble polymers market and provides statistics
and information on market size, structure and future market growth. The report intends
to provide cutting-edge market intelligence and help decision makers take sound
investment evaluation. Besides, the report also identifies and analyzes the emerging trends along
with essential drivers, challenges and opportunities in India water soluble
polymers market.
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