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Polymer Gels - Global Strategic Business Report

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    Report

  • 548 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5304016

Global Polymer Gels Market to Reach $73.2 Billion by 2030

The global market for Polymer Gels estimated at US$45.8 Billion in the year 2022, is projected to reach a revised size of US$73.2 Billion by 2030, growing at a CAGR of 6% over the analysis period 2022-2030. Hydrogels, one of the segments analyzed in the report, is projected to record 5.9% CAGR and reach US$46 Billion by the end of the analysis period. Growth in the Aerogels segment is estimated at 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $15.3 Billion, While China is Forecast to Grow at 7.9% CAGR

The Polymer Gels market in the U.S. is estimated at US$15.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.6 Billion by the year 2030 trailing a CAGR of 7.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.

Select Competitors (Total 114 Featured)

  • 3M Company
  • Ashland Global Holdings Inc.
  • BASF AG
  • Cardinal Health, Inc.
  • Chemtex Specialty Limited
  • Coloplast A/S
  • Evonik Industries AG
  • Hydrogel Healthcare Ltd.
  • Medline Industries Inc.
  • Nippon Shokubai Co. Ltd.
  • Sanyo Chemical America Inc.
  • SNF SA
  • Sumitomo Seika Chemicals Co. Ltd.
  • The Dow Chemical Company

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Polymer Gels Market

What is the estimated value of the Polymer Gels Market?

The Polymer Gels Market was estimated to be valued at $45.8 Billion in 2022.

What is the growth rate of the Polymer Gels Market?

The growth rate of the Polymer Gels Market is 6.0%, with an estimated value of $73.2 Billion by 2030.

What is the forecasted size of the Polymer Gels Market?

The Polymer Gels Market is estimated to be worth $73.2 Billion by 2030.

Who are the key companies in the Polymer Gels Market?

Key companies in the Polymer Gels Market include 3M Company, Ashland Global Holdings Inc., BASF AG, Cardinal Health, Inc., Chemtex Specialty Limited, Coloplast A/S, Evonik Industries AG, Hydrogel Healthcare Ltd., Medline Industries Inc. and Nippon Shokubai Co. Ltd..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • From Pandemic to War & Inflation: “Gloomy Outlook for 2023 Despite Signs of Easing Inflationary Conditions”
  • Here’s How Inflationary Pressures Affect the Economy
  • Russia-Ukraine War, the Primary Culprit Responsible for the Hardships
  • Although Past Peak in 2023, Efforts to Solve the Inflation Puzzle Should Continue
  • Here’s What’s Causing Inflationary Pressures in the Global Market
  • Shaken by the War, Global Oil Prices Spiral and Feed Inflationary Pressures, Guiding the World Towards a Cost of Living Crisis: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2024
  • Slower Than Anticipated Decline Makes Inflation a Stickier Than Expected Problem to Solve in 2023: Global Inflation Rates (In %) for the Years 2019 Through 2024
  • Global Economy Faces a Tough Climb Towards Recovery Made Rockier by the War, Anti-Inflation Fiscal Policies & Slower Than Desirable Easing of Inflationary Pressures: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020 Through 2024
  • Recession Triggered by Uncontrolled Inflation or Unemployment, Which is the Greater Evil? Inflation Battling Policy Measures to Slowdown Post Pandemic Recovery in Unemployment Rates: Global Number of Unemployed People (In Million) for Years 2019 Through 2024
  • Polymer Gels Market Experiences Transitory Disruptions amid COVID-19 Pandemic
  • Competitive Scenario: Players Target Innovation & Sustainability to Reinforce Market Position
  • Polymer Gels - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Polymer Gel Market Zooms Down to Growth Spurt with Bustling Demand: Prospects & Outlook
  • Medley of Dynamic Factors Shaping Future Course of Global Polymer Gel Market
  • Analysis by Type
  • World Polymer Gels Market by Type (2023 & 2030): Percentage Breakdown of Value Sales for Hydrogels, Aerogels, and Other Types
  • Analysis by Application: While Personal Care is the Primary Application, Healthcare to Offer Notable Growth Impetus
  • World Polymer Gels Market by Application (2023 & 2030): Percentage Breakdown of Value Sales for Personal Care, Agriculture, Construction, Healthcare, and Other Applications
  • Regional Analysis
  • World Polymer Gels Market by Region: Percentage Breakdown of Sales for Developed and Developing Regions (2023 & 2030)
  • World Polymer Gels Market - Geographic Regions Ranked by CAGR (Value) for 2022-2030: China, Asia-Pacific, Latin America, Middle East, Africa, Europe, Canada, USA, and Japan
  • An Introduction to Polymer Gels
  • Hydrogel
  • Aerogel
  • Recent Market Activity
  • Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Rising Demand for Polymer Gels Across Several Industries to Drive Market Growth
  • Polymer Gels: A Review of Key Application Areas
  • Personal Care Products: An Evolving Niche Market
  • Global Skin Care Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • Polymers Enhance Cosmetics and Personal Care Products
  • Smart Hydrogels Garner Attention
  • Growing Focus on Baby Hygiene Products Spells Steady Growth Opportunities for Polymer Gels
  • 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
  • Number of Menstruating Women Worldwide by Country: 15-49 Years Female Population (in Millions) for 2013 & 2025P
  • Agriculture Sector Depicts Strong Growth Potential
  • Global Water Utilization: Percentage Share Breakdown for Agricultural Practices, Industrial Processes, and Domestic Usage
  • Hydrogels Beneficial for Agriculture in Arid Regions
  • Robust Demand from Building & Construction Industry to Have Positive Impact on Polymer Gel Market Fortunes
  • Rising Investments in Infrastructure Projects Strengthens Market Prospects
  • Projected Infrastructure Investment Needed (in US$ Trillion) by Region Over the Period 2016-2040
  • Urbanization in Developing Countries to Drive Growth
  • World Urban Population in Million: 1950-2050P
  • Recovery in Construction Sector to Boost Demand for Aerogels
  • Global Construction Spending (in US$ Trillion) for the Years 2020-2028
  • Rise in Incidence of Chronic Diseases and High Treatment Costs Drive Demand for Hydrogel Dressings for Wound Healing
  • Chronic Wounds Statistics
  • Global Prevalence of Wounds
  • Global Wound Care Market: Percentage Breakdown of Spending by Wound Type
  • Potential Application of Polymer Gels in Enabling Non-Antibiotic Antibacterial Activity
  • Rise in Demand for Novel Hydrogel Dressings for Wound Healing Propels Innovations
  • Growth in Biomedical Applications of Polymer Gels
  • Hydrogels for Cartilage Regeneration
  • Growing Need for Targeted Controlled Drug Delivery (TCDD) Drives Importance of Hydrogels
  • Evaporative Cooling Hydrogel Packaging: Increasing Storage Stability of Pharmaceuticals
  • Rising Concerns over Polluting Water Resources: An Opportunity for Polymer Gels Market
  • Need for Wastewater Treatment Presents Opportunity for Polymer Gels: Percentage of Wastewater Treated in Europe, Asia, Latin America, and Africa
  • Graphene Oxide-Doped Polyacrylamide Gels Offer Potential Benefits to Petrochemical Industry
  • Hybrid Polymer Gels Offer Tremendous Potential for Use in Energy Applications
  • Potential Use of Polymer Gels for Storing Flammable and Combustible Liquid Fuels
  • Emerging Role of Mechanochemistry for Conducting Polymer Gel Studies
  • US Scientists Develop Polymer Gels With the Ability of Snapping and Jumping Autonomously
  • Scientists Develop New Process for Easy Production of High-Performance Polymer Gels
  • Phase-Separation Polymeric Gel: Key Potential Applications
  • Expanding Applications and Product Innovations Spur Growth in the Global Hydrogel Market
  • Innovations Expand Addressable Market for Hydrogels
  • R&D and Advancements for New Products & Processes to Drive Market Adoption of Aerogels
  • High Product Cost Remains a Challenge for the Aerogel Industry
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Polymer Gels Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Polymer Gels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Polymer Gels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 4: World 16-Year Perspective for Polymer Gels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2023 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Hydrogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Hydrogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 7: World 16-Year Perspective for Hydrogels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Aerogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Aerogels by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 10: World 16-Year Perspective for Aerogels by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 11: World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 12: World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 13: World 16-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 14: World Recent Past, Current & Future Analysis for Personal Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 15: World Historic Review for Personal Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 16: World 16-Year Perspective for Personal Care by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 17: World Recent Past, Current & Future Analysis for Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 18: World Historic Review for Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 19: World 16-Year Perspective for Agriculture by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 20: World Recent Past, Current & Future Analysis for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 21: World Historic Review for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 22: World 16-Year Perspective for Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 23: World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 24: World Historic Review for Healthcare by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 25: World 16-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
  • TABLE 26: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • TABLE 27: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2021 and % CAGR
  • TABLE 28: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2023 & 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Polymer Gels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • CANADA
  • JAPAN
  • Polymer Gels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Polymer Gels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Polymer Gels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Polymer Gels Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • AFRICA
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 3M Company
  • Ashland Global Holdings Inc.
  • BASF AG
  • Cardinal Health, Inc.
  • Chemtex Specialty Limited
  • Coloplast A/S
  • Evonik Industries AG
  • Hydrogel Healthcare Ltd.
  • Medline Industries Inc.
  • Nippon Shokubai Co. Ltd.
  • Sanyo Chemical America Inc.
  • SNF SA
  • Sumitomo Seika Chemicals Co. Ltd.
  • The Dow Chemical Company