Water-Soluble Polymer Market Size

Water-Soluble Polymer Market size was over USD 41.37 billion in 2024 and is anticipated to cross USD 81.96 billion by 2037, growing at more than 5.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of alginates is assessed at USD 43.16 billion. The growth of the market can be attributed to the increasing use of these polymers in a variety of end-user industries. The chemical industry is a major component of the economy. The rise in the chemical industry is projected to spur the product supply. According to the World Bank, the Chemical industry in the U.S. accounted for 16.43% of manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in the future. According to UNEP (United Nations Environment Program), the sales of chemicals are projected to almost double from 2017 to 2030.

Furthermore, the expanding demand for bio-based acrylamide and its increasing usage in the pharmaceutical business is expected to most certainly provide manufacturers with several prospects. Its applications in processing minerals, wastewater from factories and municipalities treatment, oil sand tailings dewatering, paper manufacturing, and biotechnology are also likely to contribute to market growth over the projection period.