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Hydrogels - Global Market Trajectory & Analytics

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    Report

  • 588 Pages
  • July 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4805517

Global Hydrogels Market to Reach $16 Billion by 2026


Hydrogels are flexible materials predominantly made of water and mixed with compounds to form three-dimensional solid polymeric materials. The water-insoluble polymer is essentially a gel-like or colloidal substance that is capable of absorbing and retaining high water content of around 90% within its structure. Sodium polyacrylate, acrylate polymers, polyvinyl alcohol, and other co-polymers are the common ingredients present in hydrogel. Their specific structures, flexibility, and compatibility with different conditions of use facilitate their application in many fields and various processes ranging from medical to biological to industrial. Hydrogel can be found in many everyday products ranging from disposable nappies to plant-water crystals and soft contact lenses. Other application areas include scaffolds in tissue engineering, agriculture, dyes and heavy metal ions removal, and injectable hydrogel for spinal cord regeneration among others. New generation of hydrogels feature multi-layered and complex internal structures with controllable physical properties

Amid the COVID-19 crisis, the global market for Hydrogel estimated at US$13.3 Billion in the year 2022, is projected to reach a revised size of US$16 Billion by 2026, registering a compounded annual growth rate (CAGR) of 4.7% over the analysis period. Europe represents the largest regional market for Hydrogel, and is projected to reach US$4 Billion by 2026. China is expected to spearhead growth and emerge as the fastest growing regional market with a CAGR of 6.7% over the analysis period. Expanding application scope, rising demand for synthetic hydrogel, benefits over conventional substitutes, increasing demand in emerging economies, and growing R&D activities are the key drivers fuelling growth in the hydrogel market. Growing hygiene awareness, expanding infant and aging population in developing countries, and rising demand for feminine hygiene products is expected to augment consumption of hydrogel in hygiene sector. The high manufacturing cost of hydrogel and possibility of environmental issues faced in disposal of synthetic hydrogel are expected to restrain growth in the market.

Wound care is an emerging application area for hydrogel dressings as they accelerate the speed and success of wound healing. Hydrogel is added to traditional gauze or mesh materials to form hydrogel wound dressing. Hydrogel ensures that the wound bed remains moist enough, which prevents pain during dressing changes and promotes proper healing. They are increasingly used in treatment of necrotic wounds, dry wounds such as burns and radiation damage, partial or thick wounds, and autolytic debridement. Researchers continue to investigate new methods to use hydrogel for better wound care. Synthetic hydrogel is increasingly used in biomedical applications such as ophthalmology. Agriculture applications comprise a fast growing avenue for hydrogels, mainly driven by its ability to prevent soil erosion and hold moisture in arid areas, which enhances crop yield. Market for synthetic hydrogels is growing on the back of increasing demand in core applications including health care and hygiene, drug delivery systems, biotechnology processes and agriculture applications. Synthetic hydrogels made from different types of polymers including Biodegradable (such as synthetic peptides, degradable PEG, PPF-PEG, PHEMA-PCL), Non-Biodegradable (PVA, Pluronic® PEGDA, PNIPAm, PHEMA, PHPMA), and Bioactive (Growth factor-bearing, Enzyme-sensitive, Cell-adhesive) are experiencing growing use across various end-use verticals. Use of synthetic polymers is especially gaining traction in the manufacture of hydrogel tissue-engineered skeletons, as these polymers can be molecularly modified by mechanical strength, molecular weights, biodegradability and block structures. In the coming years, biodegradable and bioactive versions are expected to steer overall momentum in the overall synthetic hydrogels market, amid intensified demand for environmentally-sustainable products across end-use scenarios.
North America holds a dominant share of hydrogel market while Asia-Pacific is expected to witness high rate of growth during the analysis period. The large consumption of hydrogel in biotechnology and medicine, tissue engineering, contact lenses, and agriculture is expected to spur growth in the US, and Europe. The growing pharmaceuticals and healthcare, personal care and hygiene, and agriculture sectors in China, Japan, and India drive usage of hydrogel in the Asia-Pacific region. Other key factors such as strong economic growth, rapidly growing population, and rising per capita income are also expected to influence growth in the region. The rising consumption of baby products, oral care, skin care, and cosmetics is expected to spur robust growth in healthcare, beauty, and personal care sectors. The increasing demand for synthetic hydrogel is expected to be propelled by agriculture and growing demand for drug delivery systems. China is forecast to lead hydrogel consumption in the region, driven by burgeoning demand for cosmetics and expanding presence of both domestic and international cosmetic companies. In India, demand for hydrogel is mainly driven by the personal care sector. Rising consumer demand for products with natural ingredients and product innovations are anticipated to augment growth. The burgeoning consumption of hydrogel in tissue engineering, contact lenses, and biotechnology and medicine is expected to further propel demand for hydrogels.

Select Competitors (Total 59 Featured):

  • 3M Company
  • Alliqua BioMedical, Inc.
  • Ashland, Inc.
  • B. Braun Melsungen AG
  • BSN Medical GmbH
  • Cardinal Health, Inc.
  • Coloplast A/S
  • ConvaTec, Inc.
  • Cosmo Bio Co., Ltd.
  • Derma Sciences, Inc.
  • Evonik Industries AG
  • Gentell Corporation
  • Hollister, Inc.
  • Johnson & Johnson
  • Medline Industries, Inc.
  • Medtronic PLC
  • Molnlycke Health Care
  • Momentive Performance Materials, Inc.
  • MPM Medical LLC
  • Ocular Therapeutix, Inc.
  • Paul Hartmann AG
  • Procyon Corporation
  • Royal DSM NV
  • Smith & Nephew PLC

What`s New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to the digital archives
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • Expanding Applications and Product Innovations Spur Growth in the Global Hydrogel Market
  • Emerging Economies to Post Strong Growth
  • Industry Witnesses Rise in Demand for Synthetic Hydrogels
  • Synthetic Hydrogels by Polymer Type: A Snapshot
  • Hydrogels - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for 59 Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Innovations Expand Addressable Market for Hydrogels
  • Rise in Incidence of Chronic Diseases and High Treatment Costs Drive Demand for Hydrogel Dressings for Wound Healing
  • Global Prevalence of Wounds
  • Global Wound Care Market: Percentage Breakdown of Spending by Wound Type
  • Personal Care Product: An Evolving Niche Market
  • Global Skin Care Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Consumer Adoption of Hydrogel Contact Lenses Augurs Well for Market Growth
  • Global Contact Lens Fits by Category (In %): 2019
  • Hydrogels Evolve as Emerging Alternative for Food Packaging
  • Agriculture Sector Depicts Strong Growth Potential
  • Global Water Utilization: Percentage Share Breakdown for Agricultural Practices, Industrial Processes, and Domestic Usage
  • Rising Concerns over Polluting Water Resources: An Opportunity for Hydrogels Market
  • Need for Wastewater Treatment Presents Opportunity for Hydrogels: Percentage of Wastewater Treated in Europe, Asia, Latin America, and Africa
  • Growing Emphasis on Sustainability and Positive Impact on Hydrogels
  • Growth in Biomedical Applications of Hydrogels
  • Hydrogels for Cartilage Regeneration
  • Growing Need for Targeted Controlled Drug Delivery (TCDD) Drives Importance of Hydrogels
  • Hydrogel Nanoparticles: The New Hydrogels for Drug Delivery
  • Evaporative Cooling Hydrogel Packaging: Increasing Storage Stability of Pharmaceuticals
  • Growing Focus on Baby Hygiene Products Spells Steady Growth Opportunities for Hydrogels
  • Annual Usage of Baby Disposable Diapers Per Infant by Region (Age upto 2.5 years)
  • Global New Births (in Millions) per Annum by Geographic Region
  • World Fertility Rate in % by Region (2013 & 2050F)
  • Increased Demand for Feminine Hygiene Products
  • Global Female Population by Geographic Region: Percentage Breakdown by Region for 2018
  • Number of Menstruating Women Worldwide by Country: 15-49 Years Female Population (in Millions) for 2013 & 2025P
  • Aging Population and the Associated Complications Drive the Demand for Hydrogel
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Rise in Demand for Novel Hydrogel Dressings for Wound Healing Propels Innovations
  • PRODUCT OVERVIEW
  • Hydrogel
  • Types of Hydrogel
  • Natural Hydrogels
  • Select Natural Hydrogels: Advantages and Disadvantages
  • Synthetic Hydrogels
  • Select Synthetic Hydrogels: Advantages and Disadvantages
  • Hybrid Hydrogels
4. GLOBAL MARKET PERSPECTIVEIII. MARKET ANALYSIS
UNITED STATES
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2022 (E)
CANADA
JAPAN
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2022 (E)
CHINA
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2022 (E)
EUROPE
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2022 (E)
FRANCE
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2022 (E)
GERMANY
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2022 (E)
ITALY
UNITED KINGDOM
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2022 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2022 (E)
AUSTRALIA
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2022 (E)
INDIA
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2022 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2022 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2022 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Hydrogels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2022 (E)
IV. COMPETITION
  • Total Companies Profiled: 59

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 3M Company
  • Alliqua BioMedical, Inc.
  • Ashland, Inc.
  • B. Braun Melsungen AG
  • BSN Medical GmbH
  • Cardinal Health, Inc.
  • Coloplast A/S
  • ConvaTec, Inc.
  • Cosmo Bio Co., Ltd.
  • Derma Sciences, Inc.
  • Evonik Industries AG
  • Gentell Corporation
  • Hollister, Inc.
  • Johnson & Johnson
  • Medline Industries, Inc.
  • Medtronic PLC
  • Molnlycke Health Care
  • Momentive Performance Materials, Inc.
  • MPM Medical LLC
  • Ocular Therapeutix, Inc.
  • Paul Hartmann AG
  • Procyon Corporation
  • Royal DSM NV
  • Smith & Nephew PLC