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Hydrogel Market Forecast Projected Growth from USD 29.18 Billion in 2023 to USD 47.47 Billion by 2030 at a 7.2% CAGR

01-07-2025 11:26 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT.LTD

Hydrogel Market

Hydrogel Market

๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The Global Hydrogel Market is experiencing significant growth, driven by increasing applications across the medical, pharmaceutical, and personal care industries. The market was valued at USD 24.78 billion in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030, reaching approximately USD 39.08 billion by the end of the forecast period. This press release explores opportunities, trends, and developments in key markets, including Vietnam, Thailand, Japan, South Korea, Singapore, the US, and Europe, focusing on mergers, acquisitions, and industry updates.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/30928/

๐•๐ข๐ž๐ญ๐ง๐š๐ฆ: ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's hydrogel market is seeing robust growth, fueled by increased investment in the medical and agricultural sectors. Recent partnerships and collaborations include Bold Biotech Ltd. and Green Health Vietnam, which launched an innovative hydrogel product for wound care applications. Vietnam's expanding healthcare infrastructure further supports the adoption of hydrogels for drug delivery and diagnostics.

๐“๐ก๐š๐ข๐ฅ๐š๐ง๐: ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's hydrogel market is driven by rising demand in the personal care and cosmetics industries. Local manufacturers like ๐“๐ก๐š๐ข ๐‡๐ฒ๐๐ซ๐จ๐๐จ๐ฅ๐ฒ๐ฆ๐ž๐ซ ๐‚๐จ. ๐‹๐ญ๐. have entered joint ventures with international firms to develop sustainable and biodegradable hydrogel formulations. Government support for green technologies enhances the market's potential.

๐‰๐š๐ฉ๐š๐ง: ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan remains a leader in hydrogel innovation, with companies such as ๐’๐ฎ๐ฆ๐ข๐ญ๐จ๐ฆ๐จ ๐‚๐ก๐ž๐ฆ๐ข๐œ๐š๐ฅ ๐š๐ง๐ ๐’๐ก๐ข๐ฌ๐ž๐ข๐๐จ pioneering advanced formulations for medical and skincare applications. Recent developments include bio-compatible hydrogels for tissue engineering and regenerative medicine. The country's emphasis on research and development ensures continued market expansion.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/30928/

๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š: ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea is witnessing a wave of consolidation as local firms like ๐‹๐† ๐‚๐ก๐ž๐ฆ and ๐’๐Š ๐๐ข๐จ๐ฉ๐ก๐š๐ซ๐ฆ๐š acquire smaller players to strengthen their portfolios. The market is characterized by advancements in hydrogel-based contact lenses and drug delivery systems, with government grants fostering innovation in healthcare solutions.

๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž: ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's hydrogel market is driven by cutting-edge research in nanotechnology and bioengineering. Institutions such as the National University of Singapore (NUS) have partnered with global firms like ๐†๐ž๐ฅ๐“๐ž๐œ๐ก ๐‚๐จ๐ซ๐ฉ. to develop hydrogels for medical implants and wound care. The nation's strategic location supports hydrogel exports across Asia.

๐”๐’: ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States is the largest market for hydrogels, attributed to high demand in healthcare and consumer goods. Key players, including ๐‰๐จ๐ก๐ง๐ฌ๐จ๐ง & ๐‰๐จ๐ก๐ง๐ฌ๐จ๐ง and ๐๐ซ๐จ๐œ๐ญ๐ž๐ซ & ๐†๐š๐ฆ๐›๐ฅ๐ž, are investing in sustainable and eco-friendly hydrogel products. Recent FDA approvals for hydrogel-based medical devices have accelerated market growth.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/30928/

๐„๐ฎ๐ซ๐จ๐ฉ๐ž: ๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's hydrogel market is expanding due to increasing applications in drug delivery and agriculture. Companies like ๐๐€๐’๐… ๐’๐„ ๐š๐ง๐ ๐„๐ฏ๐จ๐ง๐ข๐ค ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐ž๐ฌ are focusing on biodegradable hydrogel formulations to meet stringent environmental regulations. Mergers, such as BASF SE's acquisition of ๐๐ข๐จ๐๐จ๐ฅ๐ฒ๐ฆ๐ž๐ซ ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ, have further consolidated the market.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

Johnson & Johnson launched an advanced wound care hydrogel product targeting diabetic ulcers, gaining significant traction in global markets.
Sumitomo Chemical announced a joint venture with ๐๐ข๐จ๐๐š๐ง๐จ๐“๐ž๐œ๐ก ๐‚๐จ., focusing on hydrogels for regenerative medicine.
LG Chem expanded its product portfolio with hydrogel-based drug delivery patches, entering into strategic partnerships with global healthcare firms.

๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐‘๐š๐ฐ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ ๐“๐ฒ๐ฉ๐ž

Synthetic
Natural
Hybrid

๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง

Polyacrylate
Polyacrylamide
Silicone-modified hydrogels (SiH)
Agar
Others

๐›๐ฒ ๐…๐จ๐ซ๐ฆ

Amorphous
Semi crystalline

๐›๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž๐ซ

Contact Lenses
Hygiene Products
Wound Care
Drug Delivery
Tissue Engineering
Others

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/global-hydrogel-market/30928/

๐‡๐ฒ๐๐ซ๐จ๐ ๐ž๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Cardinal Health (US)
2. The 3M Company (US)
3. Dow Corning Corporation (US)
4. Integra LifeSciences (US)
5. Momentive Performance Materials Inc (US)
6. Ocular Therapeutix, Inc (US)
7. Ashland (US)
8. Medline Industries (US)
9. Gentell, Inc. (US)
10.MPM Medical (US)
11.AMERX Health Care Corporation (US)
12.Nexgel (US)
13.B. Braun (Germany)
14.AUL HARTMANN AG (Germany)
15.Evonik Industries AG (Germany)
16.BSN Medical GmbH (Germany)
17.BioCat GmbH (Germany)
18.Smith & Nephew (UK)
19.Convatec Group (UK)
20.Coloplast A/S (Denmark)
21.Molnlycke Health Care (Sweden)
22.Royal DSM (Netherlands)
23.Unicorp Biochem (India)
24.KCH India Private Limited (India)
25.Sekisui Plastics Co. Ltd. (Japan)
26.COSMO BIO CO.,LTD. (Japan)
27.Zhuhai Guojia New Material Co., Ltd. (China)

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

โ™ฆ Global Sodium Nitrate Market https://www.maximizemarketresearch.com/market-report/global-sodium-nitrate-market/110786/

โ™ฆ Global Sodium Sulfate Market https://www.maximizemarketresearch.com/market-report/global-sodium-sulfate-market/22362/

โ™ฆ Global Solar Cell Modules Market https://www.maximizemarketresearch.com/market-report/global-solar-cell-modules-market/72469/

โ™ฆ Global Solar Glass Market https://www.maximizemarketresearch.com/market-report/global-solar-glass-market/27009/

โ™ฆ Global Solid Oxide Fuel Cell Market https://www.maximizemarketresearch.com/market-report/global-solid-oxide-fuel-cell-market/21129/

โ™ฆ Global Specialised Silica Market https://www.maximizemarketresearch.com/market-report/global-specialised-silica-market/22094/

โ™ฆ Global Spindle Oil Market https://www.maximizemarketresearch.com/market-report/global-spindle-oil-market/79058/

โ™ฆ Global Sputter Coater Market https://www.maximizemarketresearch.com/market-report/global-sputter-coater-market/5892/

โ™ฆ Global Stainless Steel Round Bar Market https://www.maximizemarketresearch.com/market-report/global-stainless-steel-round-bar-market/71063/

โ™ฆ Global Stain Resistant Coatings Market https://www.maximizemarketresearch.com/market-report/global-stain-resistant-coatings-market/113954/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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