To know the impact of COVID-19 On Polymer Gel Market Size, Share & Trends Analysis Report By Raw Material (PAM, PAA, PVA, Silicone, PAN), By End-Use Industry (personal care, Construction, Agriculture, Drug delivery system, Wastewater treatment), By Type (Hydrogel, Aerogel, Others), By Form (Particle Forms, Amorphous Gel, Sheets, Solid Moulded Forms, Blankets, Others) Based on Region, And Segment Forecasts, 2022 - 2028
Market Size Forecast Scenarios (Optimistic, Baseline and Pessimistic) 2021-2027
Global Polymer Gel Market is valued at USD 5561.3 Million in 2021 and is expected to reach USD 8417.6 Million by 2028 with a CAGR of 6.1% over the forecast period.
Global Polymer Gel Market Size, Trends, Competitive, Historical & Forecast Analysis to 2022-2028, Growing demand in the agriculture, personal care, and many other industries as well as expansion of established companies are the major factors driving the growth of the Global Polymer Gels Market.
Scope of Global Polymer Gel Market:
Polymer gels are elastic polymer-solvent systems which in most cases, is a binary system. The high proportion of solvent and the flexibility of the polymer chains are responsible for the elasticity of the polymer gel. Polymer gels incorporate a three-dimensional network of macromolecules or their associates (aggregates) and can retain a large amount of the solvent (tens to hundreds of times that of the polymer). All occurring polymer gels fall into two types, thermally irreversible (chemical) and thermally reversible (physical) gels. Such systems, unlike polymer solutions, maintain their form under the influence of their own weight. Polymer gels are usually soft and wet and can undergo tremendous deformations. The first quantitative theories of Polymer Gel (chemical gelation) were formulated in the 1940s by Flory and Stockmayer.
Due to the Covid-19 pandemic, several production facilities were shut down for months throughout the 2019-2020 timeframe, resulting in a major drop in the worldwide polymer gel market. Moreover, during the pandemic, some nations have imposed manufacturing restrictions on several industries. The global lockdown caused by the Covid-19 outbreak resulted in the abrupt shutdown of several industrial projects throughout the world, resulting in a decline in the demand for polymer gels in the pandemic timeframe. Furthermore, owing to disruptions in the product's supply chain management, a halt in transportation sectors has severely hampered the polymer gel market's companies.
Key Players of Global Polymer Gel Market Report:
The Key players for the global polymer gel market are:
- BASF SE
- Chemtex Speciality Limited
- Saudi Arabian Amiantit Company
- Ma's Group Inc.
- Sumitomo Seika Chemicals Co. Ltd.
- LG Chemicals Ltd.,
- Nippon Shokubukai Co.Ltd.
Global Polymer Gel Market Segmentation:
The Global Polymer Gel Market is segmented based on raw material, end-user, type, form and region & country level. By raw material, global market is divided into polyacrylic acid, polyacrylamide, polyvinyl alcohol, polyacrylonitrile, silicone, and others. Based on end-use industry, polymer gel market is divided into personal care, construction, agriculture, drug delivery system, wastewater treatment, and others. Based on type, the global polymer gel market is divided into hydrogel, aerogel, and others. Based on form, global market is divided into particle forms, amorphous gel, sheets, solid moulded forms, blankets, and others.
By Raw Material:
By End-Use Industry:
- personal care
- Drug delivery system
- Wastewater treatment
- Particle Forms
- Amorphous Gel
- Solid Moulded Forms
The regions covered in this global polymer gel market report are Asia-Pacific, North America, Europe, and the Rest of the World. Based on a country level, the market of global Polymer gel is subdivided into the U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, Southeast Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
News: New Process Produces High-Performance Polymer Gels the Easy Way
On September 17th, 2018; A group of researchers at Nagoya University in Japan established a process that combines a spontaneous synthesis process with the high molecular weight control required for producing high-performance materials. They report their findings in a paper in NPG Asia Materials. This spontaneous synthesis route is able to produce polymer gel matrices with the necessary homogeneity and quality to be used in applications requiring properties such as molecular sieving, high mechanical strength, transparency, stimuli responsiveness and biocompatibility.
Growing Demand in the Agriculture, Personal care, Drug Delivery Systems due to Low Tackiness, Efficient Absorption and Non-Oiliness is One of the Major Factors Driving the Market Growth
Polymer Gels have shown a growing demand in the agriculture industry due to their various application in water retention, irrigation, and many more. The significant increase in the use of polymer gels is due to their low tackiness, efficient absorption, and non-oiliness properties which indirectly promote the overall value for polymer gel. As the world population is growing at an alarming rate and is projected to reach almost seven billion by the end of the year 2050. However, polymer-based biodegradable gels are excellent absorbents and can retain water from 40% to 70% thus promoting the reduction of the use of fertilizers. By considering such points, the number of people are preferring polymer gel in the agriculture industry. Therefore, this factor is spurred the polymer gel market growth across the globe.
The market's expansion is aided by the increased demand for personal care goods. As for the various end-user industries, the cosmetics and personal care segments have the largest market share. This is due to the growing demand for polymer gels in hair care products, face masks, sunscreens, clear gels, skincare products, mascaras, and cuticle coatings. Whereas the contact lenses are also made of polymer gel. For example; in accordance with the American Chemical Society, polymers exemplify the second major class of ingredients in cosmetics and personal care products. This polymer gel is broadly used as mascara, nail enamels, moisturizers for skin, and many more cosmetics. Not only the above-mentioned points but also other uses of polymer gel in personal care are there which are adding further value for polymer gel market players.
However, fluctuating raw material prices, complexes, and high-cost production processes are projected to inhibit the growth of the polymer gel market worldwide. Besides, the expansion of recognized companies into developing economies, growing applications, and technological developments may offer frequent growth opportunities for the further growth of the market.
The Asia Pacific is Expected to Show the Fastest Growth in the Global Polymer Gel Market
The Asia-Pacific market is expected to witness the fastest growth in the global polymer gel market owing to the increased demand for polymer gel in various industries in this region. In addition, the fast-moving consumer goods (FMCG) sector, rising living standards, and increased usage of e-commerce in the region are also fostering the market growth. The flourishing agriculture sector, coupled with improving adoption of polymer gels in the agriculture sector in APAC is another factor supplementing the growth of the market. However, polymers gels play a vital role in agricultural uses as a structural material for producing a climate beneficial to plant growth. Hence, all the above factors are spurring market growth across the Asia Pacific.
North America and Europe are also expected to witness significant growth in the global polymer gel market owing to the expansion of established companies and technological advancements in the region.
Key Benefits of Global Polymer Gel Market Report:
- Global Polymer Gel Market report covers in-depth historical and forecast analysis.
- Global Polymer Gel Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
- Global Polymer Gel Market report helps to identify opportunities in the marketplace.
- Global Polymer Gel Market report covers an extensive analysis of emerging trends and competitive landscape.
On Special Requirement Polymer Gel Market Report is also available for below Regions and Country:
- Rest of Europe
- South Korea
- Rest Of APAC
- Rest of South America
Middle East and Africa
- Saudi Arabia
- South Africa
- Rest Of MEA
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Polymer Gel Market Growth, Size, Share, And Industry Trends By 2028
Polymer Gel Market Size, Share & Trends Analysis Report By Raw Material (PAM, PAA, PVA, Silicone, PAN), By End-Use Industry (personal care, Construction, Agriculture, Drug delivery system, Wastewater treatment), By Type (Hydrogel, Aerogel, Others), By Form (Particle Forms, Amorphous Gel, Sheets, Solid Moulded Forms, Blankets, Others) Based on Region, And Segment Forecasts, 2022 - 2028
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