2. MARKET DEFINITION
Hydrogel Market Size was valued at USD 25.06 billion in 2021 and is expected to
reach USD 38.95 billion by 2028, and grow at a CAGR of 6.5% over the forecast period
2022-2028.
The hydrogel consists of three-dimensional polymeric structures that can absorb and
retain huge amounts of water. A hydrogel is a polymeric material that has the ability to
swell and hold water without dissolving it. Functional hydrophilic groups connected to
the polymeric backbone give hydrogels their ability to absorb water. The cross-links
between the network chains of hydrogels provide resistance to disintegration. Based on
their structure, it's divided into polyacrylate, polyacrylamide, silicone-modified
hydrogels, and others. It's used in a variety of applications, including sanitation, drug
delivery systems, packaging, coal dewatering, nutrition, food additives, tissue
engineering, and others.
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4. Market Dynamics
• The demand from the microwave industry.
• The prevalence of hydrogen.
• Increasing Demand for Medical Industries.
KEY DRIVERS
• The complexity in production.
• High cost of production.
RESTRAINTS
• Personal and hygiene products are in high
demand.
• Increasing Demand in Medical Sector.
OPPORTUNITY
5. MARKET SEGMENTATION
By Raw Material Type
Natural
Synthetic
Hybrid
By Composition
Polyacrylate
Polyacrylamide
Silicon
Others (Agar and PVP)
By Form
Amorphous
Crystalline
Semi-crystalline
By Application
Wound Care
Contact Lens
Drug Delivery
Agriculture
Personal Care & Hygiene
Others
9. About US
SNS Insider is a market research company that helps clients looking to grow by giving them
strategies based on facts. With our headquarters in India, we've grown to help our clients find
new ways to grow all over the world.
We offer our clients an integrated data and research solution drawing on the company’s three
core competencies:
1. Syndicate 2. Custom 3. Consulting
Our staff of Field Interviewers takes care of the whole research process, from getting the first-
hand information to writing the final report. Our researchers and analysts work together to look
at all of the data and results of a study. SNS has built a proprietary market size model for every
business sector on our custom-built data platform. Our consultants also help clients figure out
how to use the results and suggestions of research in their own businesses.
10. Contact Us
Akash Anand
Head of Business Development &
Strategy
info@snsinsider.com
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