Polymer Gel Market | BASF SE, Evonik Industries AG, Cabot Corporation, LG Chem Ltd., Archer Daniels Midland Company, Aerogel Technologies, LLC are Top Key Players

Polymer Gel Industry Segments:

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. 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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Top 10 Leading Companies:

BASF SE,
LG Chem Ltd.,
Evonik Industries AG,
Cabot Corporation,
Nippon Shokubai Co., Ltd.,
SUMITOMO SEIKA CHEMICALS CO., LTD.,
Archer Daniels Midland Company,
Aspen Aerogels, Inc.,
Chemtex Speciality Limited,
SNF Holding Company,
KATECHO, INC.,
Aerogel Technologies, LLC

Polymer Gel Market Applications:

The wide-range of applications of polymer gels include several end-use industries such as personal care, robotics, pharmaceuticals, paints & coatings, food, and healthcare. The rising levels of health consciousness among the masses coupled with the emergence of complex diseases and infection based disorders has fast tracked the demand for polymer gel in the production of personal care and hygiene products. The applications commonly observed in the healthcare domain are sanitary pads, diapers, wet wipes, burn treatment, bandages, and face masks among others. The application scope for polymer gel covers an extensive range of products in the personal care industry as well. This demand in the personal care industry is inspired by the increasing focus on personal well-being and maintenance of a trendy lifestyle. As a result of these factors, the cosmetics industry has emerged as one of the foremost consumers in the polymer gel market. Moreover, an extensive level of investment by the governments is likely to offer a lucrative opportunity for the personal care product manufacturers globally to launch their facilities in this market.

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Market Highlights:

The three dimensional cross-linked polymer network structure of polymer gels that can also undergo significant deformation is one of the main characteristics driving the growth of the polymer gel market globally. The combination of their distinctive physiochemical properties along with the display of a range of stimuli-responsive actions to external environmental changes has added to a great extent to the development of the market in the past few years. The market is likely to expand with a 6.55% CAGR during the assessment period (2018-2023).

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 Research Methodology:

Considering the fact that market dynamics are constantly changing, we strive to analyzing every parameter that affects the market to provide clients with objective, intelligent and actionable insights. We use primary methods such as conducting surveys and primary interviews with top-level executives of the relevant industry which is validated and supported by secondary research including the use of credible sources such as white papers and SEC filings. Our systematic approach to market size estimation and validation includes both top-down and bottom-up approaches, allowing for the deduction of unique insights into the inner workings of the given market. Our passion for providing comprehensive market research data that meet client needs is reflected in our scientific approach and innovative use of advanced research tools.

Intended Audience

Polymer gel manufacturers
Suppliers and distributors
Potential investors
Raw material suppliers
Associations
Government
End-Use Industries

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