Authored By: Sarah
11 Jul 2024

 Hydrogel Market Size to grow by USD 10.72 billion between 2024-2028

According to a research report “ Hydrogel Market” by Material (Synthetic, Natural, Hybrid) Type (Semi-crystalline, Amorphous, Crystalline) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 10.72 billion, at a CAGR of  7.2% during the forecast period. In the realm of consumer goods, the significance of hydrogels has grown substantially due to the increasing emphasis on personal care and hygiene. These innovative materials, recognized for their superior absorbent capabilities, have become indispensable elements in various personal care products. Notably, in the sectors of infant care and adult incontinence, hydrogels have revolutionized diapers and incontinence pads by enhancing absorbency and ensuring user comfort. In feminine hygiene, hydrogels are instrumental in the production of sanitary pads and tampons, improving absorbency, preventing leakage, and maintaining skin health. The ability of hydrogels to retain moisture enables the creation of discreet and reliable protection, aligning with the escalating demands for hygiene and comfort in these product categories.

Browse market data tables, figures, and in-depth TOC on “Hydrogel Market” by Material (Synthetic, Natural, Hybrid) Type (Semi-crystalline, Amorphous, Crystalline) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Material, the Synthetic segment is projected to dominate the market size in 2024

Semi-crystalline hydrogels represent a unique class of materials, characterized by a molecular structure that integrates crystalline and amorphous forms. This hybrid nature results in a more ordered arrangement of polymer chains, granting these hydrogels enhanced mechanical strength and stability compared to their amorphous counterparts. The partial crystallinity of semi-crystalline hydrogels makes them highly desirable in various industries and medical applications, where a balance between structural integrity and flexibility is crucial. These materials exhibit versatility, finding applications in sectors such as medicine and industry. In the medical field, they are utilized for producing advanced wound dressings and drug delivery systems, where a customized combination of mechanical properties and water absorption capabilities is beneficial. Furthermore, in pharmaceuticals, semi-crystalline hydrogels can be engineered to deliver drugs in a sustained and controlled manner, thereby increasing therapeutic efficacy. In summary, the semi-crystalline hydrogel market is driven by the growing demand for materials that offer a balance between structure and flexibility. Their unique properties make them suitable for applications in various industries, including medicine, where controlled drug delivery and tissue engineering require materials with tailored mechanical properties and water absorption capabilities.

By Type, Semi-crystalline  segment is expected to hold the largest market size for the year 2024

In the realm of advanced materials, synthetic hydrogels emerge as a significant market segment, derived from chemically synthesized polymers such as polyacrylamide, polyvinyl alcohol, and polyethylene glycol. These hydrogels exhibit tunable properties, including swelling behavior and mechanical strength, positioning them advantageously for applications in medical, agricultural, and personal care industries. In healthcare, synthetic hydrogels have gained extensive traction, particularly in wound care and drug delivery systems. Their capacity to absorb and retain water fosters an optimal healing environment for wounds, while controlled drug release from synthetic hydrogel matrices amplifies therapeutic efficacy. The versatility of synthetic hydrogels enables researchers to tailor these materials for specific medical needs, driving innovation in areas like tissue engineering and regenerative medicine.

North America is forecasted to hold the largest market size by region in 2024

The North American hydrogel market holds significant importance in the global industry, with the US and Canada being key contributors. The region's growth is primarily attributed to the burgeoning sectors of personal care and hygiene, agriculture, pharmaceuticals, and healthcare. In the US, the pharmaceutical industry's expansion is significantly driving the hydrogel market, with prominent players like Pfizer Inc. and Merck & Co., Inc. leading the charge. Hydrogels play a pivotal role in pharmaceuticals, particularly in drug delivery systems and advanced wound care applications. The US's well-developed medical infrastructure and robust research and development sector foster innovations in hydrogel technology, specifically in the areas of wound care and pharmaceutical drug delivery systems.

The Hydrogel Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • 3M Co.
  • Alliqua Biomedical Inc.
  • Ashland Inc.
  • B.Braun SE
  • Bristol Myers Squibb Co.
  • Cardinal Health Inc.
  • Coloplast AS
  • Dow Chemical Co.
  • Essity AB
  • Evonik Industries AG
  • Integra Lifesciences Corp.
  • Johnson and Johnson
  • Koninklijke DSM NV
  • Medline Industries LP
  • Medtronic Plc
  • Paul Hartmann AG
  • Procyon Corp.
  • Smith and Nephew plc
  • The Cooper Companies Inc.
  • Axelgaard Manufacturing Co. Ltd.
.

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Research Analysis Overview

The Hydrogel Market encompasses a wide range of applications in various industries, including personal care, biomedical, agriculture, and more. Hydrogels are made from both natural and synthetic polymers that can absorb and retain large amounts of water, making them ideal for use as water retention agents, contact lenses, and tissue engineering applications. External stimuli, such as temperature, pH, or magnetic fields, can be used to trigger hydrogel properties, expanding their functionality in areas like drug delivery systems and wound dressings. Natural polymers, such as polyvinyl alcohol (PVA) and acrylate polymers, are commonly used in personal care products like paper towels, sanitary pads, and baby diapers. Synthetic polymers, such as polyacrylate, are used in more specialized applications, like tissue engineering and biotechnology. The global hydrogel market size is expected to grow significantly due to increasing demand in the personal care industry, biomedical sector, and agriculture. E-commerce sales are also contributing to the market's growth, making these products more accessible to consumers. Despite the potential for high production costs, the market's diverse applications and increasing demand make it a promising area for investment. Hydrogels are used as water retention agents in various industries, including personal care (paper towels, sanitary pads, baby diapers, health care items), agriculture (soil conditioners), and biomedical (contact lenses, drug delivery systems, wound dressings). The versatility of hydrogels, combined with advancements in biotechnology, is driving innovation and growth in this market.

Market Research Overview

The Hydrogel Market encompasses a wide range of applications in various industries, including the personal care industry and biomedical sector. Hydrogels are formed by the cross-linking of hydrophilic polymers, which can be natural or synthetic, in the presence of water. External stimuli such as temperature, pH, and electric fields can be used to trigger the gelation process. Natural polymers like alginate, chitosan, fibrin, collagen, hyaluronic acid, and Matrigel are commonly used in hydrogel production. Synthetic polymers like polyacrylate, polyvinyl alcohol, and acrylate polymers are also widely used. Hydrogels find extensive applications in the personal care industry, including contact lenses, feminine hygiene products, and water retention agents. In the biomedical sector, they are used as wound dressings, tissue engineering applications, and drug delivery systems for treating infected wounds, minor burns, skin tears, pressure ulcers, and deep wounds. The hydrogel market includes various segments such as hydrogel sheets, films & matrices, and water-based compounds. Technological advancements have led to the development of ecofriendly goods, edible polymer hydrogels, and biodegradable hydrogels. The hydrogel market is expected to grow significantly due to its long-term viability, biocompatibility, and biodegradability. The market also includes applications in satellite communications, radar systems, wireless communication, and microwave industry as dielectric materials for microwave antennas. The production cost and water absorption capacity of hydrogels vary depending on the type of polymer used and the application.

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