Global Hydrogel Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Raw Material Type;

Synthetic, Natural, and Hybrid.

By Composition;

Polyacrylate, Polyacrylamide, Silicone-modified hydrogels, Agar, and Others.

By Form;

Amorphous and Semicrystalline.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn143262279 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Hydrogel Market (USD Million), 2020 - 2030

In the year 2023, the Global Hydrogel Market was valued at USD 20,814.03 million. The size of this market is expected to increase to USD 31,921.92 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.3%.

The global hydrogel market has gained significant attention and growth due to the versatile applications of hydrogels across various industries. Hydrogels are three-dimensional polymer networks that can retain a substantial amount of water while maintaining their structure. This unique property makes them highly valuable in sectors such as healthcare, agriculture, personal care, and biotechnology. In healthcare, hydrogels are extensively used in wound care products, drug delivery systems, and medical devices due to their biocompatibility and ability to provide a moist environment conducive to healing. The growing demand for advanced wound care products and the increasing prevalence of chronic diseases are key drivers of the hydrogel market in the medical field.

In the agricultural sector, hydrogels are utilized for their water retention and soil conditioning properties. They help in improving soil hydration, reducing water consumption, and enhancing plant growth, which is particularly beneficial in arid and semi-arid regions. The use of hydrogels in agriculture is gaining traction as the industry seeks sustainable solutions to manage water resources and improve crop yields. Additionally, the personal care industry has embraced hydrogels in products such as facial masks, contact lenses, and hygiene products. Their ability to deliver active ingredients, provide hydration, and offer a cooling effect makes them popular in skincare and personal hygiene applications.

The global hydrogel market is also driven by technological advancements and innovations in product formulations. The development of smart hydrogels, which can respond to environmental stimuli such as temperature, pH, and light, opens new avenues for applications in drug delivery, sensors, and tissue engineering. The market is expected to continue growing as research and development activities expand the range of potential uses for hydrogels. However, challenges such as the high cost of production and environmental concerns related to synthetic polymers used in hydrogels may impact market dynamics. Overall, the hydrogel market presents significant opportunities for growth and innovation, supported by the increasing demand for multifunctional and sustainable products across various industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material Type
    2. Market Snapshot, By Composition
    3. Market Snapshot, By Form
    4. Market Snapshot, By Region
  4. Global Hydrogel Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Cosmetic and Personal Care Products
        2. Rising Applications in Agriculture and Controlled Release
        3. Advancements in Hydrogel Technologies
        4. Expansion of Elderly Population Requiring Medical Devices
      2. Restraints
        1. Limited Availability of Raw Materials
        2. Regulatory Challenges and Compliance Issues
        3. Potential for Allergic Reactions
        4. Durability and Stability Concerns
      3. Opportunities
        1. Emerging Markets for Healthcare and Agriculture
        2. Development of Biodegradable and Sustainable Hydrogels
        3. Expansion in Drug Delivery Systems
        4. Growth in Advanced Wound Care Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hydrogel Market, By Raw Material Type, 2020 - 2030 (USD Million)
      1. Synthetic
      2. Natural
      3. Hybrid
    2. Global Hydrogel Market, By Composition, 2020 - 2030 (USD Million)
      1. Polyacrylate
      2. Polyacrylamide
      3. Silicone-modified hydrogels
      4. Agar
      5. Others
    3. Global Hydrogel Market, By Form, 2020 - 2030 (USD Million)
      1. Amorphous
      2. Semicrystalline
    4. Global Hydrogel Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cardinal Health
      2. Essity
      3. Medline Industries
      4. Paul Hartmann
      5. Procyon Corporation
      6. Smith & Nephew
      7. The Cooper Companies, Inc.
      8. 3M Company
  7. Analyst Views
  8. Future Outlook of the Market