Hydrogel Market Report Forecasts Exponential Growth by 2022 - Scalar Market Research
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The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the hydrogel market. The scope of this report covers the hydrogel market by its major segments, which include the types, applications, and the major geographic regions.
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KEY PREMIUM INDUSTRY INSIGHTS
1. The global hydrogel market is growing at a fast pace during the forecasted period because of increasing usage of personal consumption and care and hygiene products by the public. Also, there is a rise in the disposable income of the people which is boosting the market growth further.
2. Hydrogel market is also increasing in the agriculture sector wherein the use of hydrogels prevents soil erosion and enhances crop yield. In addition, there is an increase in usage of personal hygiene products such as contact lenses which is promoting the market growth.
3. However, the poor response of hydrogels in the external environment is hampering the market growth. Moreover, the lack of awareness about hydrogels among the end-users is another major market restraining factor.
The global hydrogel market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Out of all, the Asia Pacific region holds the highest market share by contributing the largest revenue. The region continues to dominate the global market because of increasing consumer preference for using hygiene products. The rise in production of commercial contact lenses in countries like India and China is also favoring the progress of the hydrogel market in this region.
This report analyzes the hydrogel market by the following segments:
Hydrogel Market, by Raw Material Type
Hydrogel Market, by Composition
4. Others (Agar and PVP)
Hydrogel Market, by Form
Hydrogel Market, by Application
1. Wound Care
2. Contact Lens
3. Drug Delivery
5. Personal Care & Hygiene
6. Others (Tissue Engineering, Dental, and Research & Forensic)
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