Polymer Gel Market Size, Share & Industry Analysis, By Raw Material (Poly Vinyl Alcohol, Polyacrylic Acid, PAN, PAM, Silicone), By Application (Personal Care, Agriculture, Construction, Drug Delivery System, Waste Water Treatment, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI105325 | Status : Ongoing

KEY INDUSTRY INSIGHTS

Polymer gel are soft, swollen polymer networks which are composed of long macromolecular chains which are cross-linked in 3D interconnected molecular structure saturating through the total volume. The polymer network serves as matrix that holds the solvent and provides firmness to the gel. Polymer gels are highly employed in personal care, construction, agriculture, waste management, drug delivery, and other applications.

Increasing demand for polymer gels from various end-use sectors is anticipated to drive the market growth. Increasing adoption of superabsorbent polymer gels in personal care products like baby diapers, female hygiene products, incontinence pads, and others attributed to the superior absorption properties shall drive the market. Additionally, increasing demand from agricultural sector for polymer gels to save water used in the irrigation shall foster growth.

However, prices of raw materials used for synthesizing polymer gels like polyvinyl alcohol, poly acrylic acid are volatile. This is expected to act as limiting factor for market growth.

Key Market Driver -

Growing demand from end-use sectors.

Key Market Restraint -

Fluctuating raw material prices.

Market Segmentation:

Based on raw material, market is segmented into poly vinyl alcohol, polyacrylic acid, PAN, PAM, silicone, and others. Based on application, market is segmented into personal care, agriculture, construction, drug delivery system, waste water treatment, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global Polymer Gel market consists of global & regional players operating. Some of the key players in the market include Saudi Arabian Amiantit Company, Ma’s Group Inc., Sumitomo Seika Chemicals Co. Ltd., LG Chemicals Ltd., BASF Corporation, Dow Chemicals, Chemtex Specialty Limited, Enduro Composites Inc., Evonik Industries, FIMA Group Ltd., and Nippon Shokubai Co. Ltd., and others.

Key Insights

New Advancements in Production Technologies

Key Trends in the Polymer Gel Market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Market

Regional Analysis:

The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is anticipated to hold prime share in market attributed to the increasing demand for personal care products. Additionally, high demand from agricultural country like India for superabsorbent gels shall drive the regional market. North America is expected to hold significant share attributed to the well-established personal care industry. Europe is anticipated to show significant growth attributed to the substantial spending on personal care and hygiene. Latin America and Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

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Segmentation

ATTRIBUTE	DETAILS
By Raw Material	Poly Vinyl Alcohol Polyacrylic Acid PAN PAM Silicone
By Application	Personal Care Agriculture Construction Drug Delivery System Waste Water Treatment Others
By Geography	North America (U.S., and Canada) Europe (Germany, UK, France, Italy, and Rest of Europe) Asia Pacific (China, India, Japan, and Rest of Asia Pacific) Latin America (Mexico, Brazil, and Rest of Latin America) Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Polymer Gel Industry Developments

In May 2020, BASF introduced Luviset 360, a new styling polymer for flexible hold. This product holds even under high humidity conditions.

In October 2020, Evonik industries stated that it is exploring strategic options for its superabsorbent polymers business.

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PUBLISHING STATUS: Ongoing
BASE YEAR: 2023
HISTORICAL DATA: 2019-2022

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