Global Sulphonated Polymers Market – Industry Trends and Forecast to 2029

Global Sulphonated Polymers Market, By Type (Polyanionic Cellulose (PAC) and Carboxy Methylcellulose (CMC)), Application (Drilling Fluid, Cement Slurry), End User (Oil and Gas Industry, Packaging Industry, Others) – Industry Trends and Forecast to 2029

Market Analysis and Size

Sulphonated polymers are a modern field of research and it can be found in particular applications such as membranes for filtration, ion-exchange resins, and membranes for fuel cells, medical and pharmaceutical devices. Much effort is put into research to improve and find new materials for evolving applications. Sulfonated polymers are an essential raw material that is used in reverse osmosis plants, desalination, water treatment of boiler, cooling circuits, and in sugar evaporators. These polymers are mainly used to prevent dispersants of insoluble solids and scale formation for water treatment industry.

Data Bridge Market Research analyses that the sulphonated polymers market was valued at USD 1833.96 million in 2021 and is expected to reach USD 2793.28 million by 2029, registering a CAGR of 5.40 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.     

Report Scope and Market Segmentation

Market Definition

Sulfonated polymers as the name suggests, are polymers obtained by sulfonation of the polymers. Membranes fabricated from the sulfonated polymers are sulphonated polymer membranes. Sulfonation process imparts several useful and desirable properties such as better hydrophilicity, high ionic conductivity and relatively higher solubility.

Sulphonated Polymers Market Dynamics

Drivers

• Highly used for the production of drilling fluids

Sulfonated polymers are mainly used in the production of drilling fluids. Drilling fluids are used in in various functions such as avoidance of damage to producing formation, cooling and lubrication of the drill bit, control of downhole formation pressure, and scavenging cuttings generated by drill bit from boreholes. Due to the various function of drilling fluids are expected to increase the demand of sulphonated polymers for the production of drilling fluids.

• Increasing demand in construction industry

The construction industry has also found great success during forecast period bercasue of modifying the Portland cement with sulphonated polymers. These polymers improve numerous functional which attributes of the cement, including adhesion to the old surface, flexural strength, tensile strength and freeze/thaw durability. sulphonated polymers are used in several applications in which cement is a major factor expected to drive the growth of the sulphonated polymers.

• Rise in demand for water treatment chemicals

The water treatment chemicals segment is projected to account for a major share of the sulfonated polymers market due to increased demand for water treatment chemicals, including surfactants, scale and corrosion inhibitors, and  in many applications. This trend is expected to continue during the forecast period due to growth of specialty chemicals industries 

Opportunities

• Growing demand in aerospace and automotive industries

The rapid technological advancement in the aerospace and automotive industries have increase the demand for high performance sulfonated polymers. The qualities of sulphonated polymers such as high strength and heat resistance are the major reason due to which manufacture used this in aircraft radomes. Furthermore, the shift from metals to composite materials which has made up of sulfonated polymers combined with fiber glass is observed in the aerospace industry because of lighter weight and superior strength. This also adds to the beneficial opportunity for the market's growth in demand for sulfonated polymers.

Also, the developing unrefined fuel generation and shale gas investigation are the significant determinants stimulating the growth of the market.

Restraints/ Challenges

However, stringent government regulations for the use of sulfonated polymers which has negatively impacted the environment and the higher costs of raw materials are some major factor which is restraining the market growth rate. 

This sulphonated polymers market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sulphonated polymers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Sulphonated Polymers Market

The outbreak of the COVID-19 pandemic overall the globe has adversely affected the global sulfonated polymers market to a great extent. The demand for the products of electronics and automobile industries have gone down steeply during the pandemic. This has caused decline in demand for sulfonated polymers in these industries. The complete shutdown in many countries has affected the global electronics market and severely impacted the demand for sulfonated polymers in the market.

Global Sulphonated Polymers Market Scope

The acrylic sulphonated polymers market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

 Type

• Polyanionic Cellulose (PAC)
• Carboxy Methylcellulose (CMC)

Application

• Drilling Fluid
• Cement Slurry

End User

• Oil and Gas Industry
• Packaging Industry
• Others

Sulphonated Polymers Market Regional Analysis/Insights

The sulphonated polymers market is analysed and market size insights and trends are provided by country, type, application and end-user as referenced above.

The countries covered in the sulphonated polymers market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the sulphonated polymers market in terms of market share during the forecast period. This is due to the growing demand for sulphonated polymers in this region. North America is expected to estimate the most comprehensive market serving in sulphonated polymers overall the projection years. In denominations of advantage, the expanding shale gas exploration is encouraging the sulphonated polymers business in North America.

During the estimated period, Europe is projected to be the fastest developing region due to the presence of a highly developed chemical industry and the demand for chemical products has dramatically increased due to technological developments in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Sulphonated Polymers Market Share Analysis

The sulphonated polymers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sulphonated polymers market.

Some of the major players operating in the sulphonated polymers market are:

• Merck KGaA (Germany)
• Clariant AG (Switzerland)
• Ashland. (U.S.)
• ELEMENTIS PLC (U.K.)
• Evonik Industries (Germany)
• Eastman Chemical Company (U.S.)
• ANGUS Chemical Company (U.S.)
• Cabot Corporation (U.S.)
• The Lubrizol Corporation (U.S.)
• BASF SE (Germany), Dow (U.S.)
• Arkema (France)
• Chemicals Mfg. Co., Ltd. (Japan)
• Meilian Chemical Co., Ltd. (China)
• Asahi Kasei Corporation (Japan)
• DIC CORPORATION (Japan)
• Halliburton (U.S.)
• Nouryon (Netherland)
• Solvay (Belgium)
• Oil-drilling-fluids, (India)
• INEOS (U.K.)