Polymer Gel Market Size Worth $7.93 Million By 2025 | CAGR: 5.7%


Posted June 22, 2020 by sitakant

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.

 
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. 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.
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.

For More Details please visit below link @:
http://www.grandviewresearch.com/industry-analysis/polymer-gel-market

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. 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.
Further key findings from the report suggest:
• The global polymer gel demand reached 2,126 kilo tons in 2016 and is expected to grow at a CAGR of 4.7% from 2016 to 2025. The key end-use industries include personal care, construction, agriculture, drug delivery system, and waste treatment.
• Personal care emerged as the largest application segment in 2016 and this trend is expected to continue over the forecast period. Polymer gel are widely used in personal care products as they act as an effective absorbent for water and other aqueous solutions. These products include baby & adult diapers and female hygiene products.
• The U.S. polymer gel market in personal care was 331.6 kilotons in 2016 and is estimated to witness a lucrative growth over the forecast period. Robust growth in construction industry, on account of ongoing recovery in residential and commercial construction in the country, is expected to propel market growth over the forecast period.
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies. The regional market is expected to grow at a CAGR of 6.6% from 2017 to 2025. The presence of various potential markets in the region such as Japan, China, South Korea, and India is fueling the demand for personal care products.
• 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.

To Request a sample copy please visit @: https://www.grandviewresearch.com/industry-analysis/polymer-gel-
market/request/rs1

Grand View Research has segmented the global polymer gel market on the basis of application, and region:
Polymer Gel Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• Personal Care
• Agriculture
• Construction
• Drug Delivery System
• Waste Treatment
Polymer Gel Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
• North America
o U.S.
• Europe
o UK
o Germany
o France
• Asia Pacific
o China
o India
o Japan
• Central & South America
o Brazil
• Middle East & Africa

For Inquire before buying please visit @: https://www.grandviewresearch.com/inquiry/4602/ibb

About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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Issued By sitakant
Country United States
Categories Business , Industry , Manufacturing
Tags global polymer gel market size , polymer gel market trend forecast , us polymer gel market size
Last Updated June 22, 2020