Press release
Growth of Polymer Gel Market Forecast to 2024 in a Newly Released Report Profiling SNF Holding Company Inc., Archer Daniels Midland, BASF, Bühler AG, Cabot Corporation, Evonik Industries
Polymer gel market is slated to collect a revenue of USD 55 billion by the end of 2024. At present, polymer gels are becoming more popular for several medical purposes such as cosmetic surgeries, contact lenses, wound care, tissue engineering, and drug delivery systems. Increasing use of hydrogels in moist dressing creams as a debriding agent for wound care will fuel polymer gel industry size over the forecast years. In addition, WHO predicts that by 2020, the proportion of geriatric populace is likely to increase tremendously as compared to the young generation, which will augment the product demand. The proposed healthcare plans of regional governments regarding quality treatment and enhanced care are also slated have a positive influence on polymer gel market share.
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In 2016, personal care and hygiene applications accounted for 50% of polymer gel industry share, given that crosslink gel is prominently used in most of the personal care and cosmetic products such as baby diapers, adult incontinence and feminine care products. Increasing use of crosslink gel in personal care products along with enhanced living standards will drive product demand over the coming timeframe. In addition, the rising elderly population mainly across Asia Pacific region including China and Japan is slated to fuel the demand for personal care and hygienic products.
The raw material landscape of polymer gel market comprises aerogels and hydrogels, aerogels among which has been witnessing relatively higher demand. Over the coming years, aerogels will contribute considerably to polymer gel industry share pertaining to its notable characteristics such as corrosion resistance, compact size, and uniform performance in high-temperature environment. In addition, aerogels are also preferred for filtration purposes. Subject to the increasing use of aerogel for insulation purposes across the oil & gas industry, aerogel-based polymer gel market will register an annual growth rate of more than 8% over 2016-2024. Hydrogel-based polymer gel industry, on the other hand, has also been witnessing considerable demand, pertaining to the material’s deployment for industrial wastewater treatment plants and waste solidification process in oil & gas industries.
Regionally, North America polymer gel industry has been forecast to generate considerable revenue by the end of 2024. In 2016 alone, North America covered 40% of the overall polymer gel market share.
The competitive landscape of polymer gel market is inclusive of SNF Holding Company Inc., Archer Daniels Midland, BASF, Bühler AG, Cabot Corporation, Evonik Industries, ConvaTec Healthcare, Aspen Aerogels, Paul Hartmann, JIOS Aerogel, Nippon Shokubai Co. Ltd, Aerogel UK Ltd., and Active Aerogels.
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Table Of content:
Chapter 1. Methodology And Scope
Chapter 2. Executive Summary
Chapter 3. Polymer Gel Industry Insights
Chapter 4. Polymer Gel Market, By Raw Material
Chapter 5. Polymer Gel Market, Product By Application
Chapter 6. Polymer Gel Market, By Form
Chapter 7. Polymer Gel Market, By Application
Chapter 8. Polymer Gel Market, By Region
Chapter 9. Company Profiles
For More Details of this Report: https://www.marketstudyreport.com/reports/polymer-gel-market
Related Report:
2018-2023 Global Silyl Modified Polymer Consumption Market Report
This report presents a comprehensive overview, market shares, and growth opportunities of Silyl Modified Polymer market by product type, application, key manufacturers and key regions.
https://www.marketstudyreport.com/reports/2018-2023-global-silyl-modified-polymer-consumption-market-report/?utm_source=RR-PSR
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