Global Polymer Gel Market – Industry Trends and Forecast to 2029

Global Polymer Gel Market, By Raw Material (Polyacrylic Acid, Polyacrylamide, Polyacrylates, Polyvinyl Alcohol, Polyacrylonitrile and Silicone), Type (Aerogel and Hydrogel), Form (Pressed Powder Matrics, Membranes/Sheets, Blankets, Films, Monoliths, Custom Shapes, Particles, Amorphous Gels, Solid Molded Forms, Panels, Tiles, and Soft Gel Capsules), Application (Personal care, Agriculture, Construction, Drug Delivery System and Waste Treatment), End-Use Sectors (Residential, Commercial, Infrastructure) – Industry Trends and Forecast to 2029.

Polymer Gel Market Analysis and Size

The science and technology continues to grow at a constant pace due to steady research and development activities and advancements in technology. These polymer gels are used for several purposes, due to their discrete and unique properties, they are used in several end-user industries such as oil and gas, personal care, medical, and significant others. The recent advancement in the manufacture industry, new product launches, and developing major market players are creating lucrative opportunities for the growth of the polymer gel market during the forecast period.

Data Bridge Market Research analyses that the polymer gel market is expected to undergo a CAGR of 6.50% during the forecast period. This indicates that the market value, which was USD 52.06 billion in 2021, would rocket up to USD 86.16 billion by 2029.  In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Polymer Gel Market Scope and Segmentation

Market Definition

The polymer gels are also called aerogels. These polymer gels are soft polymer networks which is made by long macromolecular chains. This arrangement aids in holding the solvent and thus gives firmness to the gel. These factors help offer several characteristics to the polymer gels that can be employed in drug delivery, waste management, agriculture, and personal care. 

Global Polymer Gel Market Dynamics

Drivers

• High usage of polymer gel in personal care

The polymer gels are widely used in the production of diapers. The polymer gel helps to withhold the liquid and lock the liquid. This gel dry up the liquid and change it into gel form. The polymer gel are used in diapers and female hygiene products which are expected to drive the growth rate of the polymer gel market.

• Rising demand of polymer gel in electronic industries

The electrical and electronic industries are used polymer gel for insulating the wirings and this is especially used in the subsea insulation systems. The mechanical clashes, bellows, pumps and acoustic insulations are some of the major applications of polymer gels which are anticipated to drive the overall growth of the polymer gel industry.

• Increasing demand of hydrogel in healthcare sector

The demand of hydrogel for medical applications will be substantially higher than their counterparts. Hydrogels are widely used in in crosslink gel market for curing dry chronic wounds. The hydrogel-based wound dressings absorb wound exudate and debris, soften dry necrotic tissue, and remove devitalized tissue. These crosslinked gels play a major role as emergency burns because it provides cooling and hydrating effect.

Opportunities

• Increase focus towards expansion

The major companies are mostly shifting their focus towards introducing new and innovative products and growing their production capacities into the polymer gel market to attain a competitive advantage. Moreover, the manufacturers are focusing on producing biodegradable products that comply with the rules imposed by the emerging economies. These factors are anticipated to create immense opportunities for the growth of the polymer gel industry during the forecast period.

• Growing demand of polymer gel in several industries

Polymer gels are widely used in several applications. For instance, these polymers are used in the construction, wastewater systems, and drug delivery systems. Furthermore, polymer gels are extensively in healthcare sector and personal care such as sanitary pad and diaper which will create immense opportunities for the growth of the polymer gel market.

Restraints/Challenges

• Fluctuation in price of raw material

The volatility in the cost of raw materials which are used for the production of polymer gel is expected to restrain the growth rate of the polymer gel market during the forecast period.

This polymer gel 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 polymer gel market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Polymer Gel Market

The outbreak of COVID-19 pandemic is anticipated to have a short-term impact on the overall growth of polymer gels market globally. The demand for polymer gel from the automotive industry is expected to decrease due to lockdown restrictions and cross-border transportation and trade restrictions. However, the demand of polymer gels has increased from the medical field which is anticipated to grow the market value of polymer gel.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Polymer Gel Market Scope

The polymer gel market is segmented on the basis of raw material, type, form, 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.

Raw Material

• Polyacrylic Acid
• Polyacrylamide
• Polyacrylates
• Polyvinyl Alcohol
•  Polyacrylonitrile
•  Silicone

Type

• Aerogel
•  Hydrogel

Form

• Pressed Powder Matrics
• Membranes/Sheets
• Blankets
• Films
• Monoliths
• Custom Shapes
• Particles
• Amorphous Gels
• Solid Molded Forms
•  Panels
•  Tiles
• Soft Gel Capsules

Application

• Personal care
• Agriculture
• Construction
• Drug Delivery System
• Waste Treatment

End-Use Sectors

• Residential
• Commercial
•  Infrastructure

Polymer Gel Market Regional Analysis/Insights

The polymer gel market is analysed and market size insights and trends are provided by country, type, stimulus and end user as referenced above.

The countries covered in the polymer gel 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 polymer gel market due to the increasing demand from several end use industries and presence of major market players in this region.

Asia-Pacific is expected to dominate during the forecast period of 2022-2029 due to the growth of various end-use industries and rapid industrialisation in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts 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 Polymer Gel Market Share Analysis

The polymer gel 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 polymer gel market.

Some of the major players operating in the polymer gel market are:

• Evonik Industries (Germany)
• NIPPON SHOKUBAI CO., LTD.(Japan)
• BASF SE (Germany)
• 3M (U.S.)
• Coloplast (Denmark)
• LG Chem (South Korea)
• ADM (U.S.)
• Cobot Corporation (U.S.)
• SNF (U.S.)
• Aerogel technolohies, LLC (U.S.)
• SUMITOMO SEIKA CHEMICALS CO.,LTD. (Japan)
• Aspen Aerogels, Inc. (U.S.)
• Chemtex Speciality Limited (India)
• Katecho, LLC (U.S.)
• Enduro Composites (U.S.)
• Ashland Inc, (U.S.)