Press release
Polymer Gel Market Size to Hit US$ 65.8 Billion by 2027, at a CAGR of 6.07%
According to the latest report by IMARC Group "Polymer Gel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global polymer gel market size reached US$ 46.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 65.8 Billion by 2027, exhibiting a growth rate (CAGR) of 6.07% during 2022-2027.A polymer gel is a soft and wet material that can undergo considerable deformation by external stimuli like temperature, ionic strength, and the potential of hydrogen (pH). It is mainly used in sensors, actuators, and modulators for drug delivery and keeping different polymers separated. Apart from this, it also finds application in robotics, petrochemicals, chemical manufacturing, and paints and coatings around the world.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Polymer Gel Market Trends:
The rising utilization of polymer gel due to its low tack, absorbent, and non-oily properties represents one of the major factors strengthening the growth of the market. It is also used in personal care and cosmetic products like facial masks, mascaras, cuticle coats, and clear gels. Furthermore,there is a significant rise in the demand for polymer-based biodegradable to reduce the use of fertilizers, improve water retention quality of crops, and minimize the overall cost of irrigation. Besides this, leading players are introducing newer technologies and improving existing formulations to expand their market share.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global polymer gel market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on raw material and application.
Breakup by Raw Material:
Polyacrylic Acid
Polyacrylamide
Polyvinyl Alcohol
Polyacrylonitrile
Silicone
Others
Breakup by Application:
Personal Care
Agriculture
Construction
Drug Delivery System
Waste Treatment
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
3M Company
Ashland LLC
BASF SE
Chemtex Speciality Limited
Dow Inc
Evonik Industries AG
LG Chem
Nippon Shokubai Co. Ltd
Sanyo Chemical Industries Ltd.
SUMITOMO SEIKA CHEMICALS CO. LTD.
Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/polymer-gel-market
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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