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Polymer Gel Market in Hydrogels segment to expand at more than 8.5% CAGR over the forecast time period

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Polymer Gel Market in Hydrogels segment to expand at more than 8.5% CAGR over the forecast time period

October 08
21:40 2018

Some of the major fluoropolymer films market participants include BASF, Paul Hartmann, ADM, Evonik, Nippon Shokubai Co. Ltd., Buhler AG, ConvaTec Healthcare, SNF Holding Company, Chemical Industries, Ltd., Aspen Aerogels, Active Aerogels, Cabot Corporation, Aerogel UK Ltd and JIOS Aerogel.
Polymer gel market will exhibit exponential growth in the medical & healthcare applications by 2024 owing to hydrogel demand for medical applications will be substantially higher compared to their counterparts.

GMI presents a most up-to-date research report on “Polymer Gel Market with recent research (2013-2017) and the current scenario(2018) along with future market potential (2019-2024), Size, Share, Raw Materials (Hydrogel [Poly Acrylic Acid, Poly Vinyl Alcohol], Aerogel [Silica, Carbon Polymer]), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Netherlands, Sweden, Denmark, Poland, Norway, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, UAE, Saudi Arabia, Kuwait)”.

The report predicts polymer gel market demand will surpass USD 55 billion by 2024 along with the industry is projected to witness significant demand in medical industry by 2024. Hydrogels, which led the polymer (crosslink) gels industry in 2016, have been achieving rising popularity in drug delivery system, wound care, contact lenses, cosmetic surgeries and tissue engineering.

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Aerogels will lead to significant demand with the CAGR above 8% for the insulation in oil & gas in the next 7 years. Space exploration will be another key area for growth of aerogels. These polymer gels have been used as thin and flexible insulation for cryogenic insulation, space shuttle, space suits, etc.

The application landscape of polymer gel market is indeed vastly diverse. Polymer gels are popularly used in tissue engineering, plastic surgery, cosmetics, perfume delivery, immunotherapy, water treatment, bacterial culture, cardiac applications, dental applications and electronic applications. Apart from hydrogels, aerogels, which is predicted to be the fastest growing segment of the polymer gel market in the 2017-2024 period, has also strengthened the position of this business space through its application in oil and gas industry.

The O&G segment accounted for over 60% of the aerogel polymer gel market in 2016. Aerogels are used in subsea insulation system, LNG terminals, vertical piping, and deep-water pipe-in-pipe tieback installation as well. The oil and gas sector has also propelled hydrogel polymer gel market as hydrogels are widely used in the prevention of fluid loss and spill prevention.

Browse key industry insights spread across 390 pages with 418 market data tables & 27 figures & charts from the report, “Fluoropolymer Films Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/polymer-gel-market

The processes for liquefaction and gasification of liquefied natural gas (LNG) have been the challenging services demanding industrial thermal insulation. Polymer gel market from aerogels products are projected to hold substantial demand with CAGR over 8% for insulation application in oil & gas industry by 2024.

Personal care & hygiene sector contributed to more than 50% share in global polymer gel market in 2016. Crosslink gel applications in this sector have been majorly in feminine care products, adult incontinence care products and baby diapers. Population escalation across the globe, rising living standards in the emerging economies, ageing population particularly in Japan and China will be some factors facilitating the scope for crosslink gels in personal care segment.

Rising needs of sustainability will encourage the crosslink gel applications in various environmental applications. Hydrogels are having rising demand in industrial wastewater treatment, waste solidification in oil & natural gas drilling fluid & drilling mud, etc. Aerogels are used in filtration applications, for instance, in water filters to remove Naphta products (crude oil); in antimicrobial air filters for ventilators, etc. These traits present brighter growth aspects for polymer gel market in environmental applications in the near future.

Space exploration is estimated to be a significant area of growth for aerogels by 2024. Aerogels are used as flexible, thin insulation in space suits, cryogenic insulation in space shuttle, etc.

North America polymer gel market led the demand for aerogels in 2016 holding high share above 40% and is estimated to follow the similar trend by 2024. Hydrogels industry was led by Asia Pacific in 2016, which will also to see robust demand by 2024.

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Browse Related Report:

Polyvinyl Alcohol (PVA) Films Market Size By Application (Water Soluble [Detergent Packaging, Agrochemical Packaging, Laundry Bags, Embroidery], Polarizer [LCD Panels]), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, China, India, Japan, Malaysia, Thailand, Indonesia, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024

https://www.gminsights.com/industry-analysis/polyvinyl-alcohol-PVA-films-market


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