San Francisco, 15 January 2019: The Report Polymer Gel Market Analysis, By Application (Personal Care, Agriculture,
Construction, Drug Delivery System, Waste Treatment), By Region, And Segment
Forecasts, 2018 - 2025
The global polymer gel market is expected to reach USD 7.93 million by 2025, according
to a new report by Grand View Research, Inc. The market is expected to witness
a CAGR of 5.7% over the forecast period, owing to increasing personal care
products consumption has been a major factor driving market growth. In
addition, growing consciousness regarding the advantages of these products
coupled with the trends of adopting smart farming techniques has led to the
increased utilization of polymer gel in agricultural activities.
Demand for polymer gels is anticipated to
witness promising growth during the forecast period on account of rapidly
growing personal care market. Polymer gel is mainly driven by the demand from
the personal care industry, as it has high absorbing capacity. The demand for
polymer gel is expected to grow owing to the rising growth in various end-use
industries in the Asia Pacific region.
Personal care was the largest application
category in 2016 and is expected to maintain fastest growth rate over the
forecast period. Agricultural applications are anticipated to grow at a CAGR of
5.5% from 2017 to 2025.
Polymer gels are widely used in
manufacturing of diapers across the world. Rapidly expanding infant population
coupled with rising awareness regarding personal hygiene are contributing
towards demand for diapers. Moreover, rising participation of women in
workforce and increasing disposable income is also supplementing demand for
baby diapers, which in turn is driving the overall polymer gel market
demand.
Access
Research Report of Polymer Gel Market @ www.grandviewresearch.com/industry-analysis/polymer-gel-market
Further key findings from the report suggest:
· The global polymer gel demand reached 2,126
kilo tons in 2016 and is expected to grow at a CAGR of 4.7% from 2016 to 2025.
The key end-use industries include personal care, construction, agriculture,
drug delivery system, and waste treatment.
· Personal care emerged as the largest
application segment in 2016 and this trend is expected to continue over the
forecast period. Polymer gel are widely used in personal care products as they
act as an effective absorbent for water and other aqueous solutions. These
products include baby & adult diapers and female hygiene products.
· The U.S. polymer gel market in personal
care was 331.6 kilotons in 2016 and is estimated to witness a lucrative growth
over the forecast period. Robust growth in construction industry, on account of
ongoing recovery in residential and commercial construction in the country, is
expected to propel market growth over the forecast period.
· The industry in Asia Pacific is projected
to witness substantial growth over the next decade owing to various
developments across major economies. The regional market is expected to grow at
a CAGR of 6.6% from 2017 to 2025. The presence of various potential markets in
the region such as Japan, China, South Korea, and India is fueling the demand
for personal care products.
· Key market players include Saudi Arabian
Amiantit Company, Enduro Composites, Inc., Ma’s Group Inc., FIMA Group Ltd.,
Sumitomo Seika Chemicals Co., Ltd, Nippon Shokubai Co., Ltd., LG Chemicals
Ltd., Evonik Industries, BASF Corporation, Dow Chemicals and Chemxtex
Speciality Limited.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
Grand View Research has segmented the
global polymer gel market on the basis of application, and region:
Polymer Gel Application Outlook (Volume,
Kilo Tons; Revenue, USD Million, 2014 - 2025)
·
Personal Care
·
Agriculture
·
Construction
·
Drug Delivery System
·
Waste Treatment
Polymer Gel Regional Outlook (Volume, Kilo
Tons; Revenue, USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Polymer Gel Market@ www.grandviewresearch.com/press-release/global-polymer-gel-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market intelligence
studies ensuring relevant and fact-based research across a range of industries,
from technology to chemicals, materials and healthcare.
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