Get more information on Water Treatment Polymers Market - Request Sample Report
The Water Treatment Polymers Market Size was valued at expected to reach USD 71.41 billion by 2031, and USD 42.99 billion in 2023 and grow at a CAGR of 6.55% over the forecast period 2024-2031.
The water treatment polymers market is growing in various industries. From power plants and chip makers to food giants and oil refineries, the demand for treated water in various applications like cooling, manufacturing, and even consumption is surging. As these sectors expand, so does the need for water treatment polymers. The governments worldwide are tightening regulations on water treatment and wastewater discharge due to growing populations and environmental concerns. This led to a mandatory use of water treatment polymers to comply with stricter standards, further propelling market growth. The industrial sector is another key driver. Rapid industrialization creates a massive need for clean water, and water treatment polymers play a vital role in power plant operations like heat exchanges and steam generation. Additionally, the global focus on sustainability is pushing industry leaders towards consolidation, thermoelectric power plants, and investment in eco-friendly water treatment solutions. Stricter regulations on wastewater treatment due to its environmental impact, along with policies promoting wastewater reinfection in various industries, are significant drivers.
KEY DRIVERS:
Growing demand over oil and gas industry in the water treatment polymer market.
The oil and gas industry represents a significant market for water-soluble polymers, particularly within upstream (exploration & production) and midstream (transportation & storage) operations. These versatile polymers act as essential tools throughout various stages of the extraction process, playing a critical role from drilling and well completion to ongoing production. Their functionalities range from diverting fluids during well treatment to stimulating well flow by enhancing oil recovery. Water-soluble polymers also contribute to pipeline integrity by managing deposit formation and preventing blockages. Furthermore, their applications extend to treating oil and oil-contaminated systems. This heavy reliance on water-soluble polymers is driven by the rising global energy demands.
RESTRAIN:
Environmental concerns surrounding the potential for overused and degraded synthetic water-soluble polymers.
High molecular weight polyacrylamide (HM-WPAM), a ubiquitous flocculant in wastewater treatment and viscosity modifier in oil recovery, presents a complex environmental trade-off. While demonstrably effective in water purification, its overuse and improper management can lead to water source contamination, posing risks to local ecosystems. However, a potential mitigating factor exists. HM-WPAM itself exhibits relatively low inherent environmental toxicity. The primary concern lies in its breakdown products. The harsh mechanical, chemical, and thermal stresses encountered during use can cause HM-WPAM to degrade and fragment into smaller molecules. This degradation alters the properties of the polymer and may potentially hinder the overall growth of the water-soluble polymers market, as it necessitates stricter regulations and improved management practices to ensure responsible use and minimize environmental impact.
OPPORTUNITY:
The chemical, petrochemical, and oil and gas sectors are driving demand for water treatment polymers.
These industries are major consumers of water and operate within a highly regulated environment. These sectors rely heavily on water for a variety of processes, inevitably generating significant volumes of wastewater. Stringent environmental regulations necessitate the use of advanced water treatment technologies to ensure compliance. Water treatment polymers serve as a critical tool in this process, facilitating effective clarification, purification, and adherence to regulatory standards. Beyond basic treatment requirements, these industries often have specific needs, such as enhanced oil recovery in the oil & gas sector or specialized purification processes in the chemical industry. This diverse range of applications further underscores the crucial role water treatment polymers play as a driving force in market demand.
The impact of Ukraine-Russia war is majorly affected the the water treatment polymers market. The conflict disrupts the supply chain, as both Russia and Ukraine are key players in producing raw materials for these polymers. This can lead to shortages and price hikes for manufacturers worldwide. The war also triggers a surge in energy prices, a major expense in polymer production. Manufacturers face a tough choice: raise prices to offset costs or reduce production, impacting market stability. Furthermore, the war creates uncertainty, potentially delaying water treatment infrastructure projects, especially in regions heavily reliant on supplies from these countries. This results in decline in demand for water treatment polymers.
By Product Type:
Polyacrylates
Quaternary Ammonium Polymers
Polyacrylamides
Polyamines
The polyacrylamides sub-segment dominated the Water Treatment Polymers Market in 2023 by product type. This leadership position can be attributed to the ever-growing demand for flocculants, of water treatment. Flocculants are utilized across a wide spectrum of industries, from the high-precision world of semiconductor production to the heavyweights of oil & gas and mining & metals. Their effectiveness in agglomerating suspended particles in water makes them indispensable for critical clarification and purification processes. Polyacrylamides excel in this area, consistently demonstrating superior performance. This has cemented their position as the preferred choice for numerous industries, ultimately solidifying their dominance in the water treatment polymers market.
By Application:
Water Treatment
Preliminary Treatment
Sludge Treatment
By End-Use:
Industrial
Commercial Buildings
Residential Buildings
Municipality
Oil & Gas
Food & Beverage
Pharmaceuticals
Mining & Metals
Semiconductors
Chemical & Petrochemicals
Thermoelectric Power Plants
Others
The industrial segment dominates the water treatment polymer market in 2023, the industrialization has fueled a surging demand for effective water treatment solutions. As industries expand and production intensifies, access to clean water becomes paramount. Power plants, constantly striving to meet increasing energy demands, require robust water treatment processes for steam generation and cooling tower operations. These processes rely heavily on water treatment polymers to function efficiently. The established correlation between industrial growth, power generation needs, and the critical role of clean water treatment suggests the industrial segment's dominance will likely continue for the foreseeable future.
North America dominated the water treatment polymers market, holding a whopping 48% share in 2023. This dominance is largely driven by the booming oil and gas sector. From drilling and well completion to ongoing production and enhanced oil recovery, the industry heavily relies on these polymers. As the US fracking technology continues to evolve, a technique called enhanced oil recovery is expected to play an even bigger role, further propelling the North American market. water treatment polymers offer superior customization compared to other injection fluids used in this process, making them a prime choice. Within North America, the US holds the largest market share, while Canada boasts the fastest growth rate. This highlights the regional strength and potential for further expansion.
Get Customized Report as per your Business Requirement - Request For Customized Report
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of the major players in the Water Treatment Polymers Market are Ashland, Arkema, BASF SE, CP Kelco US Inc., DuPont, Gantrade Corporation, SNF Group, Kemira, Kuraray Co. Ltd, Merck KGaA, Mitsubishi Chemical Corporation, Nouryon, Polysciences Inc., SNF Group, Sumitomo Seika Chemicals Company, Suez Water Technologies and Solutions, and other players.
In April 2024 : Arkema is setting its sights on expanding its eco-friendly offerings in North America. They're working towards ISCC+ certification for their acrylic production facilities there. This certification will complement similar efforts in other regions. Ultimately, their goal is to offer a wider range of bio-based resins and additives globally, catering to all major coating technologies like UV/LED/EB, waterborne, high solids, and powders.
In February 2023: Ashland campany invented new product iSolveSM, for food and beverage consumers. This online resource provides easy access to information on Ashland's ingredients, innovations, and regulatory documents. Essentially, it's a one-stop shop for all things food and beverage from Ashland.
In August 2022: Arkema designed SYNAQUA® 9511 acrylic polyol emulsion to be an eco-friendly alternative for industrial paint manufacturers. This waterborne solution delivers significantly lower VOC emissions while maintaining performance in 2K or 1K stoving systems. In simpler terms, it helps paint formulators achieve sustainability goals without sacrificing performance.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 42.99 Billion |
Market Size by 2031 | US$ 71.41 Billion |
CAGR | CAGR of 6.55% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product Application (Fresh-Water Treatment, Waste-Water Treatment) • By End-use (Residential Buildings, Commercial Buildings, Municipality, Industrial) • By Product Type (Organic Water Treatment Polymers, Inorganic Water Treatment Polymers) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Ashland, Arkema, BASF SE, CP Kelco US Inc., DuPont, Gantrade Corporation, SNF Group, Kemira, Kuraray Co. Ltd, Merck KGaA, Mitsubishi Chemical Corporation, Nouryon, Polysciences Inc., SNF Group, Sumitomo Seika Chemicals Company, Suez Water Technologies |
Drivers | • Growing demand over oil and gas industry in the water treatment polymer market. |
Opportunity | • The chemical, petrochemical, and oil and gas sectors are driving demand for water treatment polymers. |
Ans: The Water Treatment Polymers Market is expected to grow at a CAGR of 6.55%.
Ans: Water Treatment Polymers Market size was USD 42.99 billion in 2023 and is expected to Reach USD 71.41 billion by 2031.
Ans: Increasing stricter regulations on water treatment, and a growing focus on sustainability and wastewater reinjection.
Ans: This dominance is due to the ever-increasing demand for flocculants, a key water treatment product.
Ans: North America is expected to hold the largest market share in the global Water Treatment Polymers Market during the forecast period.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2.Industry Flowchart
3.Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown
6. Value Chain Analysis
7.Porter’s 5 Forces Model
8. Pest Analysis
9. Average Selling Price
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East & Africa
10. Water Treatment Polymers Market Segmentation, By Product Type
10.1 Introduction
10.2 Trend Analysis
10.3 Polyacrylates
10.4 Quaternary Ammonium Polymers
10.5 Polyacrylamides
10.6 Polyamines
11.Water Treatment Polymers Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Water Treatment
11.4 Preliminary Treatment
11.5 Sludge Treatment
12. Water Treatment Polymers Market Segmentation, By End-Use
12.1 Introduction
12.2 Trend Analysis
12.3 Industrial
12.4 Commercial Buildings
12.5 Residential Buildings
12.6 Municipality
12.6.1 Oil & Gas
12.6.2 Food & Beverage
12.6.3 Pharmaceuticals
12.6.4 Mining & Metals
12.6.5 Semiconductors
12.6.6 Chemical & Petrochemicals
12.6.7 Thermoelectric Power Plants
12.6.8 Others
13. Regional Analysis
13.1 Introduction
13.2 North America
13.2.1 Trend Analysis
13.2.2 North America Water Treatment Polymers Market by Country
13.2.3 North America Water Treatment Polymers Market By Product Type
13.2.4 North America Water Treatment Polymers Market By Application
13.2.5 North America Water Treatment Polymers Market By End-User
13.2.6 USA
13.2.6.1 USA Water Treatment Polymers Market By Product Type
13.2.6.2 USA Water Treatment Polymers Market By Application
13.2.6.3 USA Water Treatment Polymers Market By End-User
13.2.7 Canada
13.2.7.1 Canada Water Treatment Polymers Market By Product Type
13.2.7.2 Canada Water Treatment Polymers Market By Application
13.2.7.3 Canada Water Treatment Polymers Market By End-User
13.2.8 Mexico
13.2.8.1 Mexico Water Treatment Polymers Market By Product Type
13.2.8.2 Mexico Water Treatment Polymers Market By Application
13.2.8.3 Mexico Water Treatment Polymers Market By End-User
13.3 Europe
13.3.1 Trend Analysis
13.3.2 Eastern Europe
13.3.2.1 Eastern Europe Water Treatment Polymers Market by Country
13.3.2.2 Eastern Europe Water Treatment Polymers Market By Product Type
13.3.2.3 Eastern Europe Water Treatment Polymers Market By Application
13.3.2.4 Eastern Europe Water Treatment Polymers Market By End-User
13.3.2.5 Poland
13.3.2.5.1 Poland Water Treatment Polymers Market By Product Type
13.3.2.5.2 Poland Water Treatment Polymers Market By Application
13.3.2.5.3 Poland Water Treatment Polymers Market By End-User
13.3.2.6 Romania
13.3.2.6.1 Romania Water Treatment Polymers Market By Product Type
13.3.2.6.2 Romania Water Treatment Polymers Market By Application
13.3.2.6.4 Romania Water Treatment Polymers Market By End-User
13.3.2.7 Hungary
13.3.2.7.1 Hungary Water Treatment Polymers Market By Product Type
13.3.2.7.2 Hungary Water Treatment Polymers Market By Application
13.3.2.7.3 Hungary Water Treatment Polymers Market By End-User
13.3.2.8 Turkey
13.3.2.8.1 Turkey Water Treatment Polymers Market By Product Type
13.3.2.8.2 Turkey Water Treatment Polymers Market By Application
13.3.2.8.3 Turkey Water Treatment Polymers Market By End-User
13.3.2.9 Rest of Eastern Europe
13.3.2.9.1 Rest of Eastern Europe Water Treatment Polymers Market By Product Type
13.3.2.9.2 Rest of Eastern Europe Water Treatment Polymers Market By Application
13.3.2.9.3 Rest of Eastern Europe Water Treatment Polymers Market By End-User
13.3.3 Western Europe
13.3.3.1 Western Europe Water Treatment Polymers Market by Country
13.3.3.2 Western Europe Water Treatment Polymers Market By Product Type
13.3.3.3 Western Europe Water Treatment Polymers Market By Application
13.3.3.4 Western Europe Water Treatment Polymers Market By End-User
13.3.3.5 Germany
13.3.3.5.1 Germany Water Treatment Polymers Market By Product Type
13.3.3.5.2 Germany Water Treatment Polymers Market By Application
13.3.3.5.3 Germany Water Treatment Polymers Market By End-User
13.3.3.6 France
13.3.3.6.1 France Water Treatment Polymers Market By Product Type
13.3.3.6.2 France Water Treatment Polymers Market By Application
13.3.3.6.3 France Water Treatment Polymers Market By End-User
13.3.3.7 UK
13.3.3.7.1 UK Water Treatment Polymers Market By Product Type
13.3.3.7.2 UK Water Treatment Polymers Market By Application
13.3.3.7.3 UK Water Treatment Polymers Market By End-User
13.3.3.8 Italy
13.3.3.8.1 Italy Water Treatment Polymers Market By Product Type
13.3.3.8.2 Italy Water Treatment Polymers Market By Application
13.3.3.8.3 Italy Water Treatment Polymers Market By End-User
13.3.3.9 Spain
13.3.3.9.1 Spain Water Treatment Polymers Market By Product Type
13.3.3.9.2 Spain Water Treatment Polymers Market By Application
13.3.3.9.3 Spain Water Treatment Polymers Market By End-User
13.3.3.10 Netherlands
13.3.3.10.1 Netherlands Water Treatment Polymers Market By Product Type
13.3.3.10.2 Netherlands Water Treatment Polymers Market By Application
13.3.3.10.3 Netherlands Water Treatment Polymers Market By End-User
13.3.3.11 Switzerland
13.3.3.11.1 Switzerland Water Treatment Polymers Market By Product Type
13.3.3.11.2 Switzerland Water Treatment Polymers Market By Application
13.3.3.11.3 Switzerland Water Treatment Polymers Market By End-User
13.3.3.1.13 Austria
13.3.3.13.1 Austria Water Treatment Polymers Market By Product Type
13.3.3.13.2 Austria Water Treatment Polymers Market By Application
13.3.3.13.3 Austria Water Treatment Polymers Market By End-User
13.3.3.13 Rest of Western Europe
13.3.3.13.1 Rest of Western Europe Water Treatment Polymers Market By Product Type
13.3.3.13.2 Rest of Western Europe Water Treatment Polymers Market By Application
13.3.3.13.3 Rest of Western Europe Water Treatment Polymers Market By End-User
13.4 Asia-Pacific
13.4.1 Trend Analysis
13.4.2 Asia-Pacific Water Treatment Polymers Market by Country
13.4.3 Asia-Pacific Water Treatment Polymers Market By Product Type
13.4.4 Asia-Pacific Water Treatment Polymers Market By Application
13.4.5 Asia-Pacific Water Treatment Polymers Market By End-User
13.4.6 China
13.4.6.1 China Water Treatment Polymers Market By Product Type
13.4.6.2 China Water Treatment Polymers Market By Application
13.4.6.3 China Water Treatment Polymers Market By End-User
13.4.7 India
13.4.7.1 India Water Treatment Polymers Market By Product Type
13.4.7.2 India Water Treatment Polymers Market By Application
13.4.7.3 India Water Treatment Polymers Market By End-User
13.4.8 Japan
13.4.8.1 Japan Water Treatment Polymers Market By Product Type
13.4.8.2 Japan Water Treatment Polymers Market By Application
13.4.8.3 Japan Water Treatment Polymers Market By End-User
13.4.9 South Korea
13.4.9.1 South Korea Water Treatment Polymers Market By Product Type
13.4.9.2 South Korea Water Treatment Polymers Market By Application
13.4.9.3 South Korea Water Treatment Polymers Market By End-User
13.4.10 Vietnam
13.4.10.1 Vietnam Water Treatment Polymers Market By Product Type
13.4.10.2 Vietnam Water Treatment Polymers Market By Application
13.4.10.3 Vietnam Water Treatment Polymers Market By End-User
13.4.11 Singapore
13.4.11.1 Singapore Water Treatment Polymers Market By Product Type
13.4.11.2 Singapore Water Treatment Polymers Market By Application
13.4.11.3 Singapore Water Treatment Polymers Market By End-User
13.4.12 Australia
13.4.12.1 Australia Water Treatment Polymers Market By Product Type
13.4.12.2 Australia Water Treatment Polymers Market By Application
13.4.12.3 Australia Water Treatment Polymers Market By End-User
13.4.13 Rest of Asia-Pacific
13.4.13.1 Rest of Asia-Pacific Water Treatment Polymers Market By Product Type
13.4.13.2 Rest of Asia-Pacific Water Treatment Polymers Market By Application
13.4.13.3 Rest of Asia-Pacific Water Treatment Polymers Market By End-User
13.5 Middle East & Africa
13.5.1 Trend Analysis
13.5.2 Middle East
13.5.2.1 Middle East Water Treatment Polymers Market by Country
13.5.2.2 Middle East Water Treatment Polymers Market By Product Type
13.5.2.3 Middle East Water Treatment Polymers Market By Application
13.5.2.4 Middle East Water Treatment Polymers Market By End-User
13.5.2.5 UAE
13.5.2.5.1 UAE Water Treatment Polymers Market By Product Type
13.5.2.5.2 UAE Water Treatment Polymers Market By Application
13.5.2.5.3 UAE Water Treatment Polymers Market By End-User
13.5.2.6 Egypt
13.5.2.6.1 Egypt Water Treatment Polymers Market By Product Type
13.5.2.6.2 Egypt Water Treatment Polymers Market By Application
13.5.2.6.3 Egypt Water Treatment Polymers Market By End-User
13.5.2.7 Saudi Arabia
13.5.2.7.1 Saudi Arabia Water Treatment Polymers Market By Product Type
13.5.2.7.2 Saudi Arabia Water Treatment Polymers Market By Application
13.5.2.7.3 Saudi Arabia Water Treatment Polymers Market By End-User
13.5.2.8 Qatar
13.5.2.8.1 Qatar Water Treatment Polymers Market By Product Type
13.5.2.8.2 Qatar Water Treatment Polymers Market By Application
13.5.2.8.3 Qatar Water Treatment Polymers Market By End-User
13.5.2.9 Rest of Middle East
13.5.2.9.1 Rest of Middle East Water Treatment Polymers Market By Product Type
13.5.2.9.2 Rest of Middle East Water Treatment Polymers Market By Application
13.5.2.9.3 Rest of Middle East Water Treatment Polymers Market By End-User
13.5.3 Africa
13.5.3.1 Africa Water Treatment Polymers Market by Country
13.5.3.2 Africa Water Treatment Polymers Market By Product Type
13.5.3.3 Africa Water Treatment Polymers Market By Application
13.5.3.4 Africa Water Treatment Polymers Market By End-User
13.5.3.5 Nigeria
13.5.3.5.1 Nigeria Water Treatment Polymers Market By Product Type
13.5.3.5.2 Nigeria Water Treatment Polymers Market By Application
13.5.3.5.3 Nigeria Water Treatment Polymers Market By End-User
13.5.3.6 South Africa
13.5.3.6.1 South Africa Water Treatment Polymers Market By Product Type
13.5.3.6.2 South Africa Water Treatment Polymers Market By Application
13.5.3.6.3 South Africa Water Treatment Polymers Market By End-User
13.5.3.7 Rest of Africa
13.5.3.7.1 Rest of Africa Water Treatment Polymers Market By Product Type
13.5.3.7.2 Rest of Africa Water Treatment Polymers Market By Application
13.5.3.7.3 Rest of Africa Water Treatment Polymers Market By End-User
13.6 Latin America
13.6.1 Trend Analysis
13.6.2 Latin America Water Treatment Polymers Market by country
13.6.3 Latin America Water Treatment Polymers Market By Product Type
13.6.4 Latin America Water Treatment Polymers Market By Application
13.6.5 Latin America Water Treatment Polymers Market By End-User
13.6.6 Brazil
13.6.6.1 Brazil Water Treatment Polymers Market By Product Type
13.6.6.2 Brazil Water Treatment Polymers Market By Application
13.6.6.3 Brazil Water Treatment Polymers Market By End-User
13.6.7 Argentina
13.6.7.1 Argentina Water Treatment Polymers Market By Product Type
13.6.7.2 Argentina Water Treatment Polymers Market By Application
13.6.7.3 Argentina Water Treatment Polymers Market By End-User
13.6.8 Colombia
13.6.8.1 Colombia Water Treatment Polymers Market By Product Type
13.6.8.2 Colombia Water Treatment Polymers Market By Application
13.6.8.3 Colombia Water Treatment Polymers Market By End-User
13.6.9 Rest of Latin America
13.6.9.1 Rest of Latin America Water Treatment Polymers Market By Product Type
13.6.9.2 Rest of Latin America Water Treatment Polymers Market By Application
13.6.9.3 Rest of Latin America Water Treatment Polymers Market By End-User
14. Company Profiles
14.1 Ashland
14.1.1 Company Overview
14.1.2 Financial
14.1.3 Products/ Services Offered
14.1.4 SWOT Analysis
14.1.5 The SNS View
14.2 Arkema
14.2.1 Company Overview
14.2.2 Financial
14.2.3 Products/ Services Offered
14.2.4 SWOT Analysis
14.2.5 The SNS View
14.3 CP Kelco US Inc.
14.3.1 Company Overview
14.3.2 Financial
14.3.3 Products/ Services Offered
14.3.4 SWOT Analysis
14.3.5 The SNS View
14.4 BASF SE
14.4.1 Company Overview
14.4.2 Financial
14.4.3 Products/ Services Offered
14.4.4 SWOT Analysis
14.4.5 The SNS View
14.5 DuPont
14.5.1 Company Overview
14.5.2 Financial
14.5.3 Products/ Services Offered
14.5.4 SWOT Analysis
14.5.5 The SNS View
14.6 Gantrade Corporation
14.6.1 Company Overview
14.6.2 Financial
14.6.3 Products/ Services Offered
14.6.4 SWOT Analysis
14.6.5 The SNS View
14.7 Kemira
14.7.1 Company Overview
14.7.2 Financial
14.7.3 Products/ Services Offered
14.7.4 SWOT Analysis
14.7.5 The SNS View
14.8 Kuraray Co. Ltd
14.8.1 Company Overview
14.8.2 Financial
14.8.3 Products/ Services Offered
14.8.4 SWOT Analysis
14.8.5 The SNS View
14.9 Merck KGaA
14.9.1 Company Overview
14.9.2 Financial
14.9.3 Products/ Services Offered
14.9.4 SWOT Analysis
14.9.5 The SNS View
14.10 Mitsubishi Chemical Corporation
14.10.1 Company Overview
14.10.2 Financial
14.10.3 Products/ Services Offered
14.10.4 SWOT Analysis
14.10.5 The SNS View
14.11 Nouryon
14.11.1 Company Overview
14.11.2 Financial
14.11.3 Products/ Services Offered
14.11.4 SWOT Analysis
14.11.5 The SNS View
14.12 Polysciences Inc.
14.12.1 Company Overview
14.12.2 Financial
14.12.3 Products/ Services Offered
14.12.4 SWOT Analysis
14.12.5 The SNS View
14.13 SNF Group
14.12.1 Company Overview
14.12.2 Financial
14.12.3 Products/ Services Offered
14.12.4 SWOT Analysis
14.12.5 The SNS View
14.14 Sumitomo Seika Chemicals Company
14.12.1 Company Overview
14.12.2 Financial
14.12.3 Products/ Services Offered
14.12.4 SWOT Analysis
14.12.5 The SNS View
15. Competitive Landscape
15.1 Competitive Benchmarking
15.2 Market Share Analysis
15.3 Recent Developments
15.3.1 Industry News
15.3.2 Company News
15.3.3 Mergers & Acquisitions
16. Use Case and Best Practices
17. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Electronic Materials and Chemicals Market Size was valued at USD 64.1 billion in 2023 and is expected to reach USD 110.2 billion by 2032 and grow at a CAGR of 6.2% over the forecast period 2024-2032.
The Specialty Gas Market size was valued at USD 13.15 billion in 2023. It is projected to reach USD 25.21 billion by 2032 and grow at a CAGR of 8.62% over the forecast period of 2024-2032.
The Nanochemicals Market was worth USD 6.26 billion in 2023 and is expected to grow to USD 10.99 billion by 2032, with a CAGR of 6.45% % in the forecast period 2024-2032.
The Fluoropolymer Processing Aid Market size was valued at USD 1.46 billion in 2023 and is expected to grow to USD 1.88 billion by 2031 and grow at a CAGR of 3.2% over the forecast period of 2024-2031.
The Transparent Plastic Market Size was USD 138.6 Billion in 2023. It is expected to grow to USD 246 Billion by 2032 and grow at a CAGR of 6.6% by 2024-2032.
The Powder Coatings Market Size was valued at USD 15.6 billion in 2023, and is expected to reach USD 24.5 billion by 2032, and grow at a CAGR of 5.1% over the forecast period 2024-2032.
Hi! Click one of our member below to chat on Phone