1. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Polymer Gel Market Is Predicted To Witness A Massive Growth From 2017 To 2024

2. Global Market Scenario of Polymer Gel Market © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Polymer Gel Market is likely to witness steady gains in the forecast period owing to its strong application outlook in personal care, agriculture, healthcare, and construction industries. Smart polymeric gels are extensively used as templates for biomedical and nanoscale devices and scaffolds for tissue engineered prostheses. Polymer Gel Market  Polymer gel are also known as hydrogels, which are soft materials filled with water and other liquids capable of expanding or shrinking up to thousand times in volume within milliseconds. Increasing demand for polymer gel in soft contact lenses, pharmaceutical, and medical applications may stimulate industry growth.  Global personal care market may surpass USD 510 billion by 2024. Increasing demand for various sanitary products such as diapers owing to increasing infant population and growing hygiene concerns may trigger polymer gel market size. Cosmetics polymer gel are used as gelling agents and transparent thickeners in various skin-care and hair-care products which are non-toxic, non-irritant, provides healing effects, and acts as an ultimate absorbent for water and aqueous solutions thereby fueling product demand. It offers better insulation due to very low thermal conductivity, and because of these properties these are also used for producing thermal wear.  Polymer gel market size from agriculture applications may witness an uptrend over the forecast timeframe. Increasing smart farming techniques implementation mainly in urban areas due to vacant land areas is likely to drive overall industry growth.

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4. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Product Analysis:- Increasing application scope in robotics should drive polymer gel market demand over the forecast timeframe. It is widely used for manufacturing robotic actuators and artificial muscles. They are induced electrically into robots thereby enabling human-like movement in robots and improving motion range. The global robotics market size is poised to surpass USD 150 billion by 2024 and register gains at over 17% owing to increasing sales from enterprise and consumer robots. Rise in investment for automation business including electrical & electronics, metals & machinery, and automotive is likely to drive the industrial robotics systems demand. Regional Trends:- Asia Pacific led by India, Japan, South Korea, Thailand and China polymer gel market size may grow significantly over the forecast period. Strong application scope in construction industry accompanied with rise in infrastructure spending in China and India should boost regional growth. Global construction industry was valued at over USD 8 trillion in 2016 and is expected to surpass USD 10 trillion in 2024 owing to factors such as increasing investments in infrastructure facilities in Indonesia, Philippines and Malaysia. Europe polymer gel market size, led by France, UK, Italy, Spainand Germany may register significant gains over the forecast period. Rapid urbanization and industrialization coupled with high growth in personal care industry in Western Europe is expected to propel industry growth. Moreover, shifting consumer preference towards organic and natural cosmetics has led to growth in the personal care industry in the region.

5. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Competitive Trends: Major raw materials used in the manufacturing of polymer gel includes vinyl alcohol, polyaspartic and acrylic acid. Fluctuating raw material costs is likely to hinder industry growth and affect polymer gel market price trend. However, development and introduction of new technologies accompanied with stringent regulatory norms may stimulate industry growth. Technological advancement along with rise in R&D spending mainly in manufacturing and construction industries may stimulate product demand. Global polymer gel market share is moderately fragmented with key industry participants include BASF Corporation, Sumitomo Seika Chemicals, LG Chemicals, The Dow Chemical Company, Saudi Arabian Amiantit, Nippon Shokubai, Chemtex Speciality Limited., Evonik Industries, Enduro, and FIMA Group. Most of the industry participants are focused on strengthening regional presence and enhancing product portfolio.

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