Polymer Gel Market: Size, Share, Growth, Trends, and Forecasts 2018–2026
Sarasota, FL -- (SBWIRE) -- 02/06/2019 -- Global Polymer Gel Market: Overview
Polymer gels have the ability to deform owing to the presence of the solvents. The three-dimensional cross-linkage delivers the deformation properties to the polymer gel. Polyacrylic acid, polyacrylamide, polyacrylates, polyvinyl alcohol, polyacrylonitrile, and silicone are common polymer gels used in industrial applications. Several end-user industries make use of polymer gels such as personal care, healthcare, pharmaceuticals, and others.
Global Polymer Gel Market: Growth Factors
The polymer gels provide several mechanical and structural advantages. The super-absorbing property of the polymer gel is the key factor increasing its demand in the global market. The polymer gels are widely used in the personal care industry such as sanitary products and diapers. Increased demand for personal care products is expected to augment the polymer gel market. Advancements in the healthcare and pharmaceutical sectors have also triggered developments in the polymer gel market. Polymer gels support targeted release of the medicines, thereby increasing the effect of the medicine and reducing its side effect simultaneously. Products that are polymer based and biodegradable are being used widely in the agricultural activities as it helps in saving water. Thus application of these products helps in cost saving. Increased adoption of smart farming techniques anticipates increasing the growth of the polymer gels market.
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Global Polymer Gel Market: Segmentation
The global polymer gel market is segmented on the basis of its raw material, type, form, and end-use industry. In terms of raw material, the market is divided into PAA, PAM, PVA, PAN, and silicone. By type, the global polymer gel market is divided into aerogel and hydrogel. On the basis of form, the market is segregated into pressed powder matrices, membranes/sheets, blankets, films, monoliths, custom shapes, particles, amorphous gels, solid molded forms, panels, tiles, and soft gel capsules. Based on end-use industry, the polymer gel market is fragmented into healthcare, water treatment, chemical, cosmetics & personal care, agriculture, building & construction, and electrical & electronics.
Global Polymer Gel Market: Regional Analysis
Asia Pacific anticipates holding majority of the market shares and it is expected that in the coming years this region will continue its dominance in the polymer gel market. The potential markets in the region such as China, India, Japan, and South Korea anticipate contributing majorly to the market growth owing to the increased demand for personal care products. The personal care industry in the Asia Pacific region is thriving at a rapid rate owing to the growing awareness among the consumers regarding physical appearance, increased consumer spending, and rising marketing standards. Similarly, in North America, the increasing penetration of digital technology for marketing the personal care products have a great influence on the customer's lifestyle thus augmenting the growth of the personal care industry. Europe also anticipates contributing a good share toward polymer gel market in the coming years due to the increased application of the product in the end-user industries.
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Global Polymer Gel Market: Competitive Players
Some of the major players involved in the polymer gel market include 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.
Global Polymer Gel Market: Regional Segment Analysis
The Asia Pacific
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