Polymer Gel Market Growth, Trends, Industry Challenges with Leading Companies - BASF SE, Evonik Industries AG, LG Chem Ltd., Cabot Corporation, KATECHO, INC.

Competitive Dashboard and Players Information:

The market includes a substantial number of the well-known Tier-1 and Tier-2 companies, along with a considerable incidence of small and medium scale industries. The vital companies in this market are implementing collective approaches and business tactics to increase a significant revenue and market share.

LG Chem Ltd., Evonik Industries AG, BASF SE, Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Co., Ltd., Aspen Aerogels, Inc., Archer Daniels Midland Company, SNF Holding Company, KATECHO, INC., Cabot Corporation, Chemtex Speciality Limited, and Aerogel Technologies, LLC among others are a few of the important players functioning in the polymer gel market.

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Market Synopsis:

This MRFR report provides actionable and value-focused insights on the global polymer gel market. It delivers a holistic perspective on the current market scenario by analyzing its historical growth as well as a forecast for the next five years. Users of this report will come across megatrends that are likely to influence the market during the assessment period. Furthermore, market revenue statistics based on types of polymer gels (hydrogel and aerogel) has been offered in the report. The scope of the discussion also covers amorphous, semi-crystalline, blanket, particle and monolith forms of polymer gel. Market sizing has been also considered on the basis of raw material types such as poly acrylic acid (PAA), poly vinyl alcohol (PVA), poly acrylonitrile (PAN) and silicon. Cosmetics & personal care, healthcare, oil & gas, agriculture, building & construction, water treatment, electrical & electronics are among the primary end use industries discussed in the report. The information available in the report is interlinked with performance of regional markets covering North America, Asia Pacific (APAC), Latin America and the Middle East & Africa (MEA).

The key strategic moves being initiated by the noteworthy industry players include product launches, capacity expansions, and supply agreements that are being leveraged upon to expand the market share in the forecast period dramatically. Additionally, advantageous foreign direct investment (FDI) policies offered by the emerging economies for this market are among one of the significant drivers of the market.

Market Segments and Information:

The segmentation of the polymer gel market is carried out on the basis of type, raw material, form and end use industry.

On the basis of raw material, the market is segmented into Poly Vinyl Alcohol (PVA), Poly Acrylic Acid (PAA), Poly Acrylonitrile (PAN) and Silicon. The Poly Acrylic Acid (PAA) is responsible for the major share of the market in 2017 and is estimated to reach USD 7,833.3 million.

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By Type, the market is segmented into Hydrogel and Aerogel. The hydrogel segment controlled the market in 2017. Nevertheless the aerogel is projected to expand at a high CAGR of 8.69 percent in the forecast period.

The end-use industry comprises of healthcare, oil & gas, building & construction, cosmetics & personal care, agriculture, water treatment and electrical & electronics. The cosmetics & personal care is controlling the market is expected to achieve the value mark of USD 4,785.2 million till 2023. The form based segmentation of the market consist of semi-crystalline, particle, amorphous, blanket, and monolith. The semi-crystalline form is expected to grow at a maximum CAGR of 7.26 percent by 2023.

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This release was published on openPR.