Polymer Gel Market Global Research Insight by 2023 | Business Opportunities, Industry Review, Top Players, Technologies, Growth Factors and Regional Forecast
Apr 10, 2019
Polymer Gel Market report studies market insights, market dynamics, status, supply and demand, production, buyers, drivers, restraints, market growth rate and opportunities globally.
Pune, India - April 10, 2019 /MarketersMedia/ —
Polymer Gel Market Segmentation:
The global polymer gel market is segmented by type, form, raw material, end-use industry, and region.
On the basis of the type, the global polymer gel market is segmented into hydrogel, aerogel, and others.
On the basis of the forms, the global polymer gel market is segmented into amorphous powder, amorphous gel, sheets, solid molded forms, blankets, and others.
On the basis of the raw material, the global polymer gel market is segmented into poly vinyl alcohol (PVA), poly acrylic acid (PAA), poly acrylonitrile (PAN), polyacrylamides (PAM), silicone, and others.
On the basis of the end-use industry, the global polymer gel market is segmented into cosmetics & personal care, healthcare, agriculture, water treatment, building & construction, chemical, electrical & electronics and others.
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Leading Manufacturers:
BASF SE (Germany),
PAUL HARTMANN AG (Germany),
Ma’s Group Inc. (China),
Archer Daniels Midland Company (U.S.),
NIPPON SHOKUBAI CO., LTD. (Japan),
Buhler AG (Germany),
Auckland Medical Polymer (Tianjin) Co., Ltd (China),
SNF Holding Company. (U.S.),
Aspen Aerogels, Inc. (U.S.),
Cabot Corps. (U.S.)
Polymer Gel Market Market Overview:
Polymer gels are the three-dimensional cross-linked polymer network containing either water or air. They are categorized into two types such as hydrogel containing water and aerogel containing air. Polymer gels show characteristics deformation when subjected to external stimuli and can expand and shrink up to 1000 times of its original size. The global polymer gel market is expected to drive the demand from the cosmetics & personal care, healthcare, agriculture, water treatment, building & construction, chemical, and electrical and electronics industries among other.
On the basis of the type of solvent, the global polymer gel market is segmented into hydrogel, aerogel, and others. Hydrogel accounted to have the major market share of polymer gel under type category due to a broad range of applications in the end-user industries such as cosmetics & personal care, healthcare, agriculture, water treatment in both developed regions and emerging economies.
On the basis of the end-user industry, the global polymer gel market is segmented into cosmetics & personal care, healthcare, agriculture, water treatment, building & construction, chemical, electrical & electronics and others. The cosmetics & personal care industry held the largest market share in 2017 and is expected to continue leading during the forecast period due to rising disposable income, changing lifestyle, expanding the population, and increasing awareness pertaining to health and skin among others
On the basis of the raw material, the global polymer gel market is segmented into polyvinyl alcohol (PVA), polyacrylic acid (PAA), polyacrylonitrile (PAN), polyacrylamides (PAM), silicone, and others. PAA accounted to have the largest market share under raw material category owing to the availability of its bio-based source.
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Regional Update:
Asia Pacific is expected to be the largest and fastest growing polymer gel market across the globe during the forecast period. Rapid industrialization and urbanization in emerging economies is expected to boost demand for polymer gel from the major end-use industries such as building & construction, chemical, water treatment, and electrical & electronics among other. High budget allocation for the healthcare sector, particularly in India under “Union budget 2018” is expected to ensure steady revenue source for hydrogels during the forecast period. Rising disposable income, increasing standard of living, and rising awareness pertaining to skin in countries such as India, China, Indonesia, and Malaysia among other is majorly driving the regional cosmetics & personal care industry and thus, it is expected to benefit the regional hydrogel market to a large extent during the forecast period. Growing agriculture industry due to expanding population is expected to boost the demand for hydrogel in irrigation activities.
North America is expected to be one of the major markets for polymer gel and is expected to show considerable growth during the forecast period. Cosmetics & personal care industry is expected to witness high demand during the forecast period due to luxuries lifestyle, high disposable income, and high health awareness pertaining to the skin.
Europe is expected to show a steady demand for polymer gel during the forecast period and the growth is expected from the cosmetics & personal care and electrical & electronics industries. Similar to North America, factors contributing to the growth of the cosmetics & personal care industry are the luxuries lifestyle, high disposable income, and high health awareness pertaining to the skin.
The Middle East & Africa is expected to show rising demand for aerogel due to growing insulation applications from the end-user industries such oil & gas and building & construction industry. Ongoing infrastructural projects in Qatar, the UAE, Oman, and Kuwait among other are the major factors contributing to the growth of the regional building & construction industry.
Latin America is expected to witness high demand mainly from the building & construction industry and waste water treatment industry. Ongoing construction activities in countries such as Mexico, Brazil, Chile, and Venezuela among other are expected to contribute to the growth of the building & construction industry.
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Source: MarketersMedia
Release ID: 500966
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