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Polymer Gel Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: May 2023 || SKU: CH3842
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180 pages
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Global Polymer Gel Market is segmented By Raw Material (Polyacrylic Acid, Polyacrylamide, Polyacrylates, Polyvinyl alcohol, Polyacrylonitrile, Silicone), By Type (Aerogel, Hydrogel), By Form (Pressed Powder Matrics, Membranes/sheets, Blankets, Films, Monoliths, Custom shapes, Particles, Others), By Application (Personal Care, Agriculture, Construction, Healthcare, Waste Treatment, Others), By End-User (Residential, Commercial, Infrastructure), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

 

Polymer Gel Market Overview

220 pages report analyses the Global Polymer Gel Market is estimated to reach at a high CAGR during the forecast period 2023-2030. Global Polymer Gel Market size, shares, recent trends, competitive intelligence, and future market outlook. Demand from Residential, Commercial Personal Care and Construction, Healthcare, Waste Treatment in Asia Pacific is rising. Competitive rivalry intensifies with Ma’s Group Inc, LG Chemicals Ltd, Enduro Composites Inc and others operating in the market. A polymer gel is a gel made up of a three-dimensional cross-linked polymer network that may deform significantly as these gels are soft and filled with a solvent such as water or another liquid solvent; they can be deformed into various forms and sizes. It is a soft, wet substance capable of significant deformations, such as expanding and contracting in big volumes. External stimuli such as hydrogen potential (pH), temperature, and ionic strength cause polymer gel to deform. It's mostly used in drug delivery actuators, sensors, and modulators and keeps various polymers distinct. Apart from that, it's used in robotics, petrochemicals, paints and coatings, and chemical manufacture worldwide.

 

Polymer Gel Market Scope and Summary

Metrics

Details

Market CAGR

High

Segments Covered

By Raw Material, By Form, By Type, By Application, By End-User and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other vital insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

Polymer Gel Market Dynamics and Trends

The growing investment by the government in adopting smart farming is driving the market of polymer gel in recent times. Increasing consumption of personal care products is projected to be a key factor driving the growth.

The growing investment by the government in adopting smart farming is driving the market of polymer gel in recent times

The global market for smart farming is being supplemented by rising food demand and increased government backing for adopting new agricultural techniques. Farmers are also using new technologies to boost their marginal profitability and achieve economies of scale. Smart farming techniques are expected to become more popular in the future years, boosting demand for Polymer Gels used in irrigation. Furthermore, Polymer Gels also aid in the reduction of fertilizer use in agriculture. The polymer-based gel aids fertilizer binding to the roots, preventing fertilizer leakage into the earth.

For instance, hydrogel acts as a water reservoir around the plant's root mass zones. It expands to 200-800 times its original volume when exposed to water. There are numerous opportunities to capture irrigation and rainwater, which can be collected, stored, and progressively released for crop needs over long periods. In addition, hydrogel offers various advantages, including increasing water holding capacity, increasing water usage efficiency, enhancing soil permeability and infiltration rate, reducing irrigation frequency, and others.

Increasing consumption of personal care products is projected to be a key factor driving the growth

Polymer Gels are also utilized extensively in the cosmetics industry. The degree of cross-linking, gel content, elastomer structure, and amount of carrier utilized all influence the nature of these materials. Haircare, sun care, skincare, clear gels, facial masks, mascaras, and cuticle coatings are among the goods that can be used. They're non-oily and have a low tack. They also provide the skin a gentler feel during the application process.

For instance, Natural polymers included in hair products include polysaccharides, such as starch and cellulose derivatives, natural gums, and hydrolyzed proteins. Polyvinyl pyrrolidone and acetate, polyvinylamides, polyacrylates and polymethacrylates, polyurethanes, and silicones are synthetic hair-friendly polymers. Polymers assist in keeping hairstyle in place in windy or humid circumstances, reduce frizz and flyaways, and give the option of a sharp hold or a soft natural feel. Polymers can be found in sprays, lotions, gels, and foams form.

Growing demand for biodegradable products is expected to accelerate the demand for polymer-based biodegradable products in the forecast period

Biodegradable polymer-based products are widely employed in agricultural activities to conserve water for irrigation. The use of these goods on farms reduces irrigation expenses, proving to be a cost-effective investment. Furthermore, its use saves 40 to 70 percent of the water utilized for irrigation. Furthermore, it minimizes the fertilizer applied to the fields since it binds the fertilizer to the root, reducing fertilizer leaching. It is especially advantageous in areas where water is scarce since it allows crops to retain water for extended periods.

It also provides much room for expansion in locations where rain is unpredictable. Thus, due to the rising demand for biodegradable products, the industry has seen considerable growth in the past. Due to increased demand from numerous application industries, emerging economies, particularly Asia-Pacific, would be vital in driving demand. Over the projection term, industrial expansion is expected to drive demand even higher.

COVID-19 Impact Analysis on Polymer Gel Market

The global polymer gel market has shown a significant decline due to the COVID-19 pandemic, as many manufacturing facilities were shut down for months during the 2019-2020 period. Further several countries have restricted production activities in different industries during the covid-19 pandemic. Due to the COVID-19 outbreak, the major lockdown leads to the sudden shutdown of various construction projects across the globe, leading to a drop in the demand for Polymer Gels during the 2019-2020 period. Furthermore, a halt in transportation sectors has severely hampered the Polymer Gel Market business due to disruption in the product's supply chain management.

Polymer Gel Market Segmentation Analysis

The global polymer gel market is bifurcated based on raw material, type, form, application, end-user and region.

Polymer-enhanced and polymer-based aerogels have a wide range of possible applications in space, on distant planets, and on Earth, which has boosted the market share for the segment

The global polymer gel market based on resin type is bifurcated into aerogel and hydrogel. Out of the two types, aerogel holds the dominating market share as compared to hydrogel. Aerogels are one of the lightest solid materials yet discovered. Its made by mixing a polymer with a solvent to make a gel, then removing the liquid and replacing it with air. Aerogels are incredibly porous and have a very low density.

It have a substantial feel about them. This translucent material is regarded as one of the best available for insulation. Polymer-enhanced and polymer-based aerogels have many possible applications in space, distant planets, and earth. They're lightweight, long-lasting and excellent at insulating and reducing heat transfer. NASA has taken aerogels to new heights, well beyond what was previously thought, and has shown many new applications for this flexible material.

Global Polymer Gel Market Geographical Analysis

The presence of several prospective markets in the Asia-Pacific, including Japan, China, South Korea, and India, is boosting demand for personal care products and hence the market for Polymer Gels in the region

In 2016, Asia-Pacific dominated the global market, and this trend is expected to continue in the next years. The presence of several prospective markets in the region, including Japan, China, South Korea, and India, is boosting demand for personal care products. Increasing awareness of skincare, consumer spending, and the aging demographic contributes to the personal care industry's rise in the Asia-Pacific. Over the projection period, anti-pollution, carbonated skincare, halal beauty, and TMC-based products likely drive the personal care sector.

Furthermore, Consumer habits are shifting in North America due to massive penetration and marketing of personal care items via digital forces. Furthermore, the average consumer's availability of premium personal care goods, particularly millennials, is fuelling demand for personal care products in this region.

Polymer Gel Market Companies and Competitive Landscape

The Polymer Gel Market is highly competitive with the presence of local as well as global companies. Some prime companies contributing to the market's growth include Dow Chemicals, Saudi Arabian Amiantit Company, Ma's Group Inc., Sumitomo Seika Chemicals Co. Ltd., LG Chemicals Ltd., BASF Corporation, Chemtex Specialty Limited, Enduro Composites Inc., FIMA Group Ltd., Evonik Industries, and Nippon Shokubai Co. Ltd and among others. The major companies are adopting several growth strategies such as acquisitions, product launches, and collaborations, contributing to the growth of the polymer gel market globally.

Dow Chemicals

Overview: Dow Chemical Company is a subsidiary of Dow Inc., an American global chemical firm headquartered in Midland, Michigan. The firm is one of the world's top three chemical makers. Dow is a company that makes polymers, chemicals, and agricultural goods.

Product Portfolio: The company has a product portfolio of Polymer Gel that includes:

  • MaizeCare Style Polymer: The product is a bio-based polymer derived from corn that allows flexibility in hair care styling from stiff hold to subtle definition and textures from waxes to sprays. The product offers various benefits such as non-GMO, improved style durability, comparable performance to synthetic film formers, and the added benefit of being non-hygroscopic.

The global polymer gel market report would provide approximately 77 market data tables, 82 figures, and 220 pages.

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FAQ’s

  • The market is growing at a high CAGR.

  • Major Companies are Saudi Arabian Amiantit Company, Ma’s Group Inc., Sumitomo Seika Chemicals Co. Ltd, LG Chemicals Ltd, BASF Corporation, Chemtex Specialty Limited, Enduro Composites Inc, FIMA Group Ltd, Evonik Industries.
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