World Polymer Gel Market to Evaluate USD 7.93 Million by 2025

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.

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.

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.

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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.

Top Players of Polymer Gel Market:

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.

Market Segmentation of Polymer Gel Market:

The Global Polymer Gel Market segmented on the basis of Application, and Region.

By Application:

Personal Care

Agriculture

Construction

Drug Delivery System

Waste Treatment

By Region:

North America

Europe

Asia Pacific

Central & South America

Middle East & Africa

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