Outlook of Polymer Gel Market status and development trends reviewed in new report

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Polymer Gel Market Is Predicted To Witness A
Massive Growth From 2017 To 2024
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Global Market Scenario of Polymer Gel Market

• 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 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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Market Research Reports Key Analytical Components
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• 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.

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• 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 RD 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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