Tue, 28 Jun 2022

The new report by Expert Market Research titled, 'Global Hydrogel Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027', gives an in-depth analysis of the global hydrogel market, assessing the market based on its segments like structures, materials, end uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 7%

The global market for hydrogel is being driven by its use in sanitary napkins, personal care products, hair gel, and disposable nappies. Hydrogels are used in biosensors to enhance compatibility, consequently aiding the industry growth. The development of smart hydrogels applicable in boosting the product performance is further invigorating the market growth. North America is one of the dominant regions owing to the rising disposable income and the increasing use in the biomedical industry. Europe too is witnessing robust growth due to technological advancements and the increasing demand for disposable nappies for the rising geriatric population. Meanwhile, the Asia Pacific is expected to witness a swift growth due to the rising awareness about sanitation and the increasing use of makeup and international penetration in countries such as India, Japan, South Korea, and China, among others, consequently aiding the overall market growth for hydrogels.

Industry Definition and Major Segments

Hydrogels are cross-linked polymers that are usually hydrophilic. They can increase biocompatibility and tunable biodegradability and can be used as agents for filling vacant spaces and aids the cells in the formation of new tissues.

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The major structures of hydrogel are:

• Amorphous

• Semi-Crystalline

• Crystalline

On the basis of the materials, the industry is segmented into:

• Polyacrylate

• Polyacrylamide

• Silicone

• Others

Based on end uses, the market is divided into:

• Personal Care and Hygiene

• Pharmaceuticals and Healthcare

• Contact Lenses

• Agriculture

• Others

The major regions of hydrogel are:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Market Trends

Due to the exponential rise in global population and rapid climate change, which has resulted in drought in many areas, the global hydrogel industry is being driven by a growing need for sustainable agriculture with high yields. Hydrogels increase both the water retention capacity and the yield while enhancing soil fertility. The development of more advanced hydrogels can be attributed to the increasing research and development (R&D) activities, which is expected to increase the advantages of hydrogel to be used in the biomedical and engineering industry. Moreover, the surging coronavirus cases and the soaring efforts for efficient and safe vaccines, and the use of hydrogel in various research activities are further propelling the market growth. The increasing sanitisation activities during the pandemic is anticipated to augment the market growth in the forecast period.

Key Market Players

The major players in the market are Cardinal Health, Inc., 3M Co., Smith & Nephew, CooperVision, Inc., and Johnson & Johnson Services, Inc., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients' needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Media Contact

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Contact Person: Mathew Williams, Business Consultant

Email: sales@expertmarketresearch.com

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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