GITNUX MARKETDATA REPORT 2024

Hydrogel Industry Statistics

The hydrogel industry is projected to experience substantial growth in the coming years with an increasing demand across various sectors such as healthcare, agriculture, and personal care.

In this post, we explore key statistics and trends in the global hydrogel industry. From market size projections and regional insights to product type analysis and future growth expectations, the hydrogel market is a dynamic landscape with promising opportunities. Join us as we dive into the data that shapes this thriving sector.

Statistic 1

"In 2020, the global hydrogel market size was valued at USD 23.1 billion."

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Statistic 2

"The hydrogel industry is projected to reach USD 37.8 billion by 2028."

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Statistic 3

"The hydrogel market is expected to grow at a CAGR of 7.89% during the period of 2021-2026."

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Statistic 4

"The largest market for hydrogel products in 2019 was North America."

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Statistic 5

"In 2019, the healthcare segment held the largest share of the hydrogel market."

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Statistic 6

"By product type, semi-crystalline buttons held the largest market share in 2019."

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Statistic 7

"Hydrogel dressings are forecast to reach a market size of $816.9 million by 2025."

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Statistic 8

"The Asian hydrogel market is projected to grow at the highest CAGR during 2020-2025."

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Statistic 9

"The polyacrylate hydrogels held the highest market share in 2020."

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Statistic 10

"Hydrogel manufacturers are increasingly focusing on biodegradable hydrogels, spurred by environmental concerns."

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Statistic 11

"The Agrochemical segment in the Hydrogel Market is expected to grow by 5.9% in 2021."

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Statistic 12

"Wound care alone is expected to contribute to over 36.6% of the global hydrogel market by 2028."

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Statistic 13

"Europe is predicted to reach $1.02 billion by 2027 at a CAGR of 6.1%."

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Statistic 14

"Hydrogel products for hygiene are projected to reach $5,650.8 million by 2027."

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Statistic 15

"Silicone hydrogels contribute to over 72% of the contact lens market value."

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Statistic 16

"Personal care & hygiene applications constituted close to 70% share of the hydrogel market in 2018."

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Statistic 17

"Natural hydrogel is estimated to register a CAGR of 5.7% from 2020 to 2027."

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Overall, the global hydrogel market is experiencing significant growth, with projections indicating a continued upward trajectory in the coming years. Key trends include a focus on biodegradable hydrogels driven by environmental concerns, as well as the increasing adoption of hydrogel products in various industries such as healthcare, agrochemicals, personal care, and contact lenses. Regional variations in market size and growth rates highlight the diverse opportunities present in different parts of the world, with Asia emerging as a key growth market. With innovations in product types and applications, the hydrogel industry is poised to expand and evolve, offering exciting prospects for manufacturers and consumers alike.

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