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.
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.
Access Full Research Report by Grand View Research: http://www.grandviewresearch.com/industry-analysis/polymer-gel-market
Further key findings from the study suggest:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/specialty-bio-based-and-water-soluble-polymers
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)
Polymer Gel Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2025)
Access press release by Grand View Research: http://www.grandviewresearch.com/press-release/global-polymer-gel-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com