Polymer Gel Market - By Raw Material (PAA, PAM, PVA, PAN, Silicone) By Type (Aerogel, Hydrogel) By Form (Pressed powder matrices, Membranes/sheets, Blankets, Films, Monoliths, Custom shapes, Others) End-use Industry (Healthcare, Water treatment, Chemical, Cosmetics & personal care, Agriculture, Building & construction, Electrical & electronics): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

According to the report published by Zion Market Research, global demand for Polymer Gel market was valued at approximately USD 44 Billion in 2019, and is expected to generate revenue of around USD 57 Billion by end of 2026, growing at a CAGR of around 6% between 2020 and 2026

25-Sep-2020 | Number of pages: 110 | Report Code: ZMR-3793 | Report Format : | Status : Published

Abstract

According to the report published by Zion Market Research, global demand for Polymer Gel market was valued at approximately USD 44 Billion in 2019, and is expected to generate revenue of around USD 57 Billion by end of 2026, growing at a CAGR of around 6% between 2020 and 2026.

Global Polymer Gel Market: Overview

A polymer gel refers to the cross-linked polymer network gel type that undergoes substantial deformation. This type of gel is consists of a three dimensional and it can be separated into classes depending on the solvent form used for hydrogels and non-aqueous gels wherein acid solution in a polar organic solvent is used. Polymer gel are made up of a network of solvents and polymers. These gels obtained swelling and setting solutions of the polymer. Polymer gel have range of applications in various end use sectors.

Global Polymer Gel Market: Growth Factors

Rapid industrialization, coupled with growing adoption from industrial sector, due to excellent properties including high absorbance are key factors predictable to drive global market growth. In addition, flourishing cosmetic sector and rising spending capacity are some among factors expected to support growth of the target market. Further, growing government expenditure on healthcare sector for R&D activities in order to support efficiency growth is factor expected to increase growth of the global market. However, fluctuating raw material prices is a major factor expected to restrain growth of the global market in the near future. Nevertheless, untapped market is expected to fuel growth of the target market in future.

Global Polymer Gel Market: Segmentation

The polymer gel market is segmented based on raw material, type, form, and end-user. By raw material global market is divided into PAA, PAM, PVA, PAN, and Silicone. Based on type the market is divided as aerogel and hydrogel.  On the basis of form this industry is segregated as pressed powder matrices, membranes/sheets, blankets, films, monoliths, custom shapes, others. However, on the basis of end-use industry target market is divided into healthcare, water treatment, chemical, cosmetics & personal care, agriculture, building & construction, electrical & electronics.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Polymer Gel Market: Regional Analysis

The North America polymer gel market is projected to hold the largest share globally in the future, owing to the presence of major players, and increasing demand from various end use industries in the countries of North America. Further, presence of major players and increasing government expenditure on pharmaceutical sector is expected to fuel growth of the market in the Europe. The Asia Pacific polymer gel market is anticipated to grow at a rapid rate in the years ahead, increasing demand for flourishing agriculture sector in China and India of the region.

Global Polymer Gel Market: Competitive Players

Some main participants of the polymer gel market are LG Chem Ltd., Nippon Shokubai Co., Ltd., Archer Daniels Midland Company, Cabot Corporation, SNF Holding Company, Aerogel Technologies, LLC, BASF SE, Evonik Industries AG, Sumitomo Seika Chemicals Co., Ltd., Aspen Aerogels, Inc., Chemtex Speciality Limited, and Katecho, Inc. among others.

Polymer Gel Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Growing adoption from industrial sector, rapid industrialization, flourishing cosmetic and agricultural sector and rising spending capacity are some among factors expected to support growth of the target market. Further, growing government expenditure on healthcare sector for R&D is expected to fuel growth of the global market.

According to Zion Market Research, global demand for Polymer Gel market is expected to generate revenue of around USD 57 Billion by end of 2026, growing at a CAGR of around 6% between 2020 and 2026.

The North American polymer gel market is projected to hold the largest share globally in the future. Presence of key operating players and increasing adoption for end use applications in the region are expected to propel the demand.

Some main participants of the polymer gel market are LG Chem Ltd., Nippon Shokubai Co., Ltd., Archer Daniels Midland Company, Cabot Corporation, SNF Holding Company, Aerogel Technologies, LLC, BASF SE, Evonik Industries AG, Sumitomo Seika Chemicals Co., Ltd., Aspen Aerogels, Inc., Chemtex Speciality Limited, and Katecho, Inc. among others.


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