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Hydrogel Market | Covid-19 Impact Analysis
The Hydrogel Market is Segmented by Form Type (Amorphous, Semi-Crystalline, and Crystalline), by Raw Material Type (Natural, Synthetic, and Hybrid), by Composition Type (Polyacrylate, Polyacrylamide, Silicone, and Others), by Application Type (Contact Lenses, Wound Care, Personal Care & Hygiene, Drug Delivery, Agriculture, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Covid-19 has impacted the market dynamics, competition, and global supply chains. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
Hydrogel market is likely to witness a healthy CAGR of 4.3% during the forecast period. The prime factors contributing to the demand for hydrogels are the increasing demand for personal care & hygiene products along with rising disposable income and increasing penetration of hydrogels in the healthcare sector.
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Hydrogel Market - Snapshot |
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Growth |
4.3% for the next five years |
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Dominant Raw Material Type |
Synthetic |
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Dominant Composition Type |
Polyacrylate |
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Region with the highest demand |
North America |
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Key Players |
B. Braun Melsungen, Cardinal Health Inc., Derma Sciences, Dow Corning, Johnson & Johnson, Medtronic plc, Momentive Performance Materials Inc., Royal DSM, Smith & Nephew plc, The 3M Company, and others. |
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Based on the raw material type, the market is segmented as natural, synthetic, and hybrid. The synthetic segment accounted for the largest share of the market in 2019, and is expected to remain dominant during the forecast period. Rise in the demand for hydrogel with synthetic raw material in the field of drug delivery, medicine, biotechnology, and tissue engineering to drive the market.
Based on the composition type, the hydrogel market is segmented as polyacrylate, polyacrylamide, silicone, and others. Polyacrylate dominated the hydrogel market with the increased use of personal care & hygiene products in 2019, and is expected to maintain its leading position during the forecast period.
In terms of regions, North America is estimated to remain the largest market during the forecast period with the largest consumption in biotechnology and drug delivery from countries such as the USA and Canada. Europe and Asia-Pacific are also likely to offer substantial growth opportunities during the forecast period.
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Some of the major hydrogel manufacturers are-
Hydrogel is a three-dimensional network of hydrophilic polymers that can hold a large amount of water while maintaining the structure due to chemical or physical cross-linking of individual polymer chain. They have the ability to swell in water. There must be at least 10% water content of the total weight/volume for a material to be a hydrogel. Hydrogen undergo a volume phase transition in response to physical and chemical stimuli such as temperature, electric and magnetic fields, solvent composition, light intensity, and pressure, pH, ions, and specific chemical compositions and are capable of returning to their initial state after a reaction as soon as the trigger is removed.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Hydrogel Market Research Report - Features |
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Market Segmentation |
5 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The hydrogel market is segmented into the following categories.
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].
Hydrogel market is expected to witness an impressive growth of 4.3% CAGR in the foreseeable future.
B. Braun Melsungen, Cardinal Health Inc., Derma Sciences, Dow Corning, Johnson & Johnson, Medtronic plc, Momentive Performance Materials Inc., Royal DSM, Smith & Nephew plc, The 3M Company, and others are among the key players in the hydrogel market.
North America is expected to remain the largest hydrogel market during the next five years.
The synthetic segment is expected to remain dominant raw material type in the hydrogel market in the coming years.
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