Polyelectrolyte is anticipated to grow at a value CAGR of ~x% over 2019-2028. According to a study published by Insure Insights on the Polyelectrolyte market, due to the growth in the investment over the self-healing clothes made of polyelectrolytes. The Polyelectrolytes are polymers with higher ion content. Polyelectrolyte poses common properties of polymers as well as electrolytes. The key factor that attributes to the growth of the industry include, the advantages offered by the polyelectrolytes such as better coagulation properties. The rise in number of the space explorations and unmanned space missions would boost the industry in the forecast period. However, the restrictions due to higher cost of space projects would hamper the growth of the industry.

Top Driver: Growth in applications of the polyelectrolytes to propel the industry

Polyelectrolyte has rich demand of the Polyelectrolytes for the self-healing cloth and has greater advantages over other substitutes. This is anticipated to contribute to significant growth in the coming years. This is also used in the manufacture of the paints and coatings as it assists in stabilizing the colloidal suspension and also aid in initiation of the flocculation. Furthermore, they are also used in hair care products such as conditioners, and shampoos. Other applications include cements, self-healing cloth, and oil recovery.

Synthetic to Make Crucial Contribution to Growth of Global Polyelectrolyte Market

Among origin segments of the global Polyelectrolyte market, synthetic segment is anticipated to gain with highest revenue shares in the coming years. This attributes to the lower cost of manufacturing due to the ease in availability of raw materials for synthetic production of the polyelectrolytes. Furthermore, biological origin is anticipated to contribute to negative growth in revenue, owing to the unavailability of the materials based on the biological origin. This has increased the price and hence is anticipated to attain negative pace in the near future.

Increase in use of the Polyelectrolytes in various Sectors to Benefit North America Market

North American countries such as the US are predicted to grow with the highest revenue shares, owing to the surge in the number of water treatment projects during the forecast period. Furthermore, the increase in the usage of the polyelectrolytes in the pharmaceutical sector for the coating of the drugs and the growth of the pharmaceutical companies in the region are attributed to help the industry grow in the coming years. There is a steep growth in the East and South Asia of polyelectrolyte market, due to the escalating of a large number of food and beverage companies in the region. Furthermore, the European region is also estimated to boost as there are a number of personal care product manufacturers in the region which utilizes polyelectrolytes in hair care products.

Due to the emergence of the current pandemic, the government has declared the lockout situation, in order to prevent the spread of the infections in the current scenario. The growth in polyelectrolytes market is observed due to the expanding applications of the polyelectrolytes.

Players to Focus on Expanding Applications

The global Polyelectrolyte market is expected to stay fragmented with the increase in the number of new entrants in the coming years. The key market leaders include, Angel Chemicals, Avanscure Lifesciences Pvt. Ltd., BASF SE, Clear Aqua Technologies Pvt. Ltd., Acuro, Dow Chemicals, EMEC, Geo Enviro Solutions, Innova Corporate, and Kemira

Mitsubishi Chemical Corporation: In January 2020, Mitsubishi Chemical Corporation announced that it will acquire the thermoplastic polyurethane elastomer (TPU) business of U.S.-based AdvanSource Biomaterials Corporation. Through Mitsubishi Chemical Performance Polymers, Inc., a MCC subsidiary engaged in the performance polymers business in the U.S., MCC plans to complete

Scope of the Report

By Type

• Homogenous Polyelectrolyte
• Polyampholyte

By Origin

• Synthetic
• Chemically Modified Polyelectrolytes
• Biological Origin

By Applications

• Food & Beverages
• Pharmaceuticals
• Cosmetics
• Healthcare (Implant Coatings)
• Paint Coatings
• Textiles (Self-Healing Cloth)
• Others

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.