Industry Forecast

Polymer Gel Market share by applications and regions for 2017- 2024

Press Release   •   Jan 05, 2018 04:28 EST

Polymer Gel Market is likely to witness steady gains in the forecast period owing to its strong application outlook in personal care, agriculture, healthcare, and construction industries. Smart polymeric gels are extensively used as templates for biomedical and nanoscale devices and scaffolds for tissue engineered prostheses.

Polymer gel are also known as hydrogels, which are soft materials filled with water and other liquids capable of expanding or shrinking up to thousand times in volume within milliseconds. Increasing demand for polymer gel in soft contact lenses, pharmaceutical, and medical applications may stimulate industry growth.

Global personal care market may surpass USD 510 billion by 2024. Increasing demand for various sanitary products such as diapers owing to increasing infant population and growing hygiene concerns may trigger polymer gel market size. Cosmetics polymer gel are used as gelling agents and transparent thickeners in various skin-care and hair-care products which are non-toxic, non-irritant, provides healing effects, and acts as an ultimate absorbent for water and aqueous solutions thereby fueling product demand.

Request for table of contents for this report @
https://www.gminsights.com/request-toc/upcoming/2256

Polymer gel market size from agriculture applications may witness an uptrend over the forecast timeframe. Increasing smart farming techniques implementation mainly in urban areas due to vacant land areas is likely to drive overall industry growth. Global agriculture industry was valued at over USD 2.5 trillion in 2016 and likely to grow at a faster pace over the foreseeable timeframe. Rise in consumer demand and increasing investments in agriculture and food business may stimulate industry growth. Superior properties such as water saving, reducing fertilizer applications, improving soil quality and reducing irrigation frequency due to usage of biodegradable materials will drive polymer gel market demand.

Growing polymer gel demand across various industry verticals including healthcare and drug delivery applications thus increasing the effect of drugs and reducing its side effects will influence industry growth. Hydrogels contain phosphate groups which are widely used in drug-delivery soft contact lenses (SCLs). They used in drug delivery systems as they can be easily moulded and shaped to release the payload over a certain time period. Commonly used polymers catering various end-users such as personal care, medical and construction are Poly vinyl alcohol (PVA), Poly acrylic acid (PAA), Poly acrylonitrile (PAN).

Silicone based polymer gel are widely used in contact lenses and reduces various eye related infections mainly hypoxia which can cause corneal swelling, red eyes, and blurred vision due to less oxygen supply to the eyes.

Increasing application scope in robotics should drive polymer gel market demand over the forecast timeframe. It is widely used for manufacturing robotic actuators and artificial muscles. They are induced electrically into robots thereby enabling human-like movement in robots and improving motion range. The global robotics market size is poised to surpass USD 150 billion by 2024 and register gains at over 17% owing to increasing sales from enterprise and consumer robots. Rise in investment for automation business including electrical & electronics, metals & machinery, and automotive is likely to drive the industrial robotics systems demand.

Inquire Before Buying This Report@
https://www.gminsights.com/inquiry-before-buying/2256

North America driven by Canada and the U.S polymer gel market size should register significant gains owing to increase in personal care industry demand. U.S is the major exporter of personal care industry thereby exceeding USD 15 billion in 2016. Rise in disposable income along with change in consumer lifestyle may drive regional industry growth. Strong R&D investment in personal care sectors may lead for high quality product consumption and thereby stimulate industry growth.

Asia Pacific led by India, Japan, South Korea, Thailand and China polymer gel market size may grow significantly over the forecast period. Strong application scope in construction industry accompanied with rise in infrastructure spending in China and India should boost regional growth. Global construction industry was valued at over USD 8 trillion in 2016 and is expected to surpass USD 10 trillion in 2024 owing to factors such as increasing investments in infrastructure facilities in Indonesia, Philippines and Malaysia.

Europe polymer gel market size, led by France, UK, Italy, Spainand Germany may register significant gains over the forecast period. Rapid urbanization and industrialization coupled with high growth in personal care industry in Western Europe is expected to propel industry growth. Moreover, shifting consumer preference towards organic and natural cosmetics has led to growth in the personal care industry in the region.

Browse Report Summary@ http://bit.ly/2BBLdTZ

Middle East, led by Saudi Arabia and UAE polymer gel market demand is likely to witness steady gains owing to emerging healthcare industry along with rising income levels may drive regional industry growth.

Major raw materials used in the manufacturing of polymer gel includes vinyl alcohol, polyaspartic and acrylic acid. Fluctuating raw material costs is likely to hinder industry growth and affect polymer gel market price trend. However, development and introduction of new technologies accompanied with stringent regulatory norms may stimulate industry growth. Technological advancement along with rise in R&D spending mainly in manufacturing and construction industries may stimulate product demand.

Global polymer gel market share is moderately fragmented with key industry participants include BASF Corporation, Sumitomo Seika Chemicals, LG Chemicals, The Dow Chemical Company, Saudi Arabian Amiantit, Nippon Shokubai, Chemtex Speciality Limited., Evonik Industries, Enduro, and FIMA Group. Most of the industry participants are focused on strengthening regional presence and enhancing product portfolio.

Read Our Blog:
http://www.thecampingcanuck.com/
http://marketsizeforecast.blogspot.com
http://marketnewsforecast.blogspot.com
https://marketnewswire.wordpress.com/

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun HegdeCorporate Sales,
USAGlobal Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
Social Media: Google+ | LinkedIn | Twitter | Facebook

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.