Global Supply & Demand Analysis, Growth Forecasts, Statistical Report 2025–2037
Hydrogel Market size was estimated at USD 15.3 billion in 2024 and is expected to surpass USD 42.9 billion by the end of 2037, rising at a CAGR of 8.4% during the forecast period, i.e., 2025-2037. In 2025, the industry size of hydrogel is assessed at USD 16.6 billion.
The hydrogel market is expanding quickly because of the increasing usage of hydrogels in the medical industry, such as wound care and drug delivery, among others. Hydrogels keep moisture on the wound, which enables wounds that are dome chronic, like diabetic foot ulcers and pressure sores, to heal faster. The compatibility of hydrogels with biological systems is another reason why they are used so widely, along with their ability to provide controlled drug release, which is an important feature in targeted therapies. Growing cases of chronic disease and aging populations are supporting the demand for using hydrogels as an advanced treatment option.
The hydrogel market has 3 major components in its supply chain that include raw material resourcing, manufacturing, and distribution. Most of the hydrogels dominate the market space in sheer strength and durability are synthetic polymers that include polyacrylate. Countries such as India and China have begun investing heavily in hydrogel production due to low costs incurred in production and skilled labor. In FY2021- 22, India's pharma exports rose as high as USD 24.63 billion.

Hydrogel Market Growth Drivers and Challenges
Growth Drivers
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Technological innovations enhancing production efficiency: Innovations in chemical production technologies, including new advanced catalytic technologies, have increased production efficiencies by 21% and therefore helped to reduce costs and enabled sustainable growth. By providing the ability to create new and improved cosmeceuticals through the development of hydrogels with identified alternative beneficial properties, that meet the demands of application development while mitigating the impact on the environment.
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Integration of digital technologies in hydrogel market: The hydrogel marketplace is experiencing rapid changes about the developments in technology, specifically with the advancements of technologies like artificial intelligence, the Internet of Things (IoT), and blockchain technologies that have impacted efficiency, security, and scalability in manufacturing processes and different value chains. The advancements in technology further provide product customization and supply chain management capabilities, which enable the production process to keep pace with consumer demands over time.
1. Vitality of Expanding Operational and Manufacturing Capacities
As hydrogel needs increase worldwide in healthcare, agriculture, and personal care, operational and manufacturing capabilities are also important for hydrogel producers. For example, BASF has over 389 production facilities globally and has expanded capacity in China and Malaysia to increase production. Dow Chemical announced it increased the capacity of propylene glycol in Thailand by 80,001 tons per year to help supply Asia Pacific. Continued investments like this will provide competitive positioning and ensure the delivery of customer needs. Production List has been mentioned below:
Top 10 Global Hydrogel Producers
Company |
Revenue (USD Million, 2021) |
Production Capacity (Metric Tons) |
Number of Production Sites |
Key Plant Locations |
BASF |
92,983 |
90,000,001 |
390+ |
Ludwigshafen (Germany), Nanjing & Zhanjiang (China), Kuantan (Malaysia) |
Dow Chemical |
54,969 |
106,000,001 |
106 |
Midland (USA), Map Ta Phut (Thailand), Freeport (USA) |
Evonik Industries |
17,693 |
20,000,001 |
100+ |
Essen (Germany), Hanau (Germany), Mobile (USA) |
LG Chem |
37,258 |
15,000,001 |
50+ |
Seoul (South Korea), Nanjing (China), Yeosu (South Korea) |
3M |
35,001 |
10,000,001 |
100+ |
St. Paul (USA), Shanghai (China), Wroclaw (Poland) |
Smith & Nephew |
5,213 |
5,000,001 |
50+ |
Watford (UK), Memphis (USA), Suzhou (China) |
Coloplast |
2,201 |
3,000,001 |
30+ |
Humlebæk (Denmark), Tatabánya (Hungary), Zhuhai (China) |
Cardinal Health |
152,921 |
2,500,001 |
200+ |
Dublin (USA), Waukegan (USA), Shanghai (China) |
KAO Corporation |
13,001 |
2,000,001 |
50+ |
Tokyo (Japan), Shanghai (China), Cincinnati (USA) |
Medtronic |
30,118 |
1,500,001 |
70+ |
Dublin (Ireland), Minneapolis (USA), Shanghai (China) |
Hydrogel Production Data Analysis
Annual Production Volumes (2019–2024)
Year |
BASF (MT) |
Dow (MT) |
Evonik (MT) |
LG Chem (MT) |
3M (MT) |
2019 |
85,000,001 |
100,000,002 |
18,000,001 |
13,000,001 |
9,000,002 |
2020 |
86,000,001 |
101,000,002 |
18,500,001 |
13,500,002 |
9,200,001 |
2021 |
88,000,001 |
103,000,002 |
19,000,001 |
14,000,001 |
9,500,001 |
2022 |
90,000,001 |
106,000,002 |
19,500,001 |
14,500,002 |
9,800,002 |
2023 |
92,000,001 |
108,000,002 |
20,000,001 |
15,000,001 |
10,000,002 |
2024 |
94,000,001 |
110,000,002 |
20,500,001 |
15,500,002 |
10,200,001 |
Year-over-Year Growth Rates
Year |
BASF (%) |
Dow (%) |
Evonik (%) |
LG Chem (%) |
3M (%) |
2020 |
1.19 |
1.01 |
2.79 |
3.86 |
2.21 |
2021 |
2.34 |
1.99 |
2.71 |
3.71 |
3.27 |
2022 |
2.28 |
2.92 |
2.64 |
3.58 |
3.17 |
2023 |
2.23 |
1.88 |
2.57 |
3.46 |
2.05 |
2024 |
2.18 |
1.86 |
2.51 |
3.34 |
2.01 |
2. Emerging Trade Dynamics and Market Prospects: A Statistical Overview
Global trade patterns are evolving from global economic and geopolitical instability, supply chain adjustments, and increased demand for advanced materials such as hydrogels. In 2023, Asia-Pacific continues to dominate global hydrogel trade at 45.1% of total shipments. The U.S. and EU will continue to play an important role as hydrogel importers in 2023, with China leading hydrogel exports ($2.2B in 2023). Conversely, hydrogel shipments saw a decrease of approximately 7.1% in 2020 from disruptions in logistics that redefined hydrogel consumption during COVID-19. Trade data has been mentioned below:
Top Exporters & Importers (Value in $B)
Year |
Top Exporters |
Key Destinations |
Export Value |
Top Importers |
Import Value |
2019 |
China, Japan, Germany |
U.S., EU, India |
$1.9 |
U.S., Germany, UK |
$1.6 |
2020 |
China, Japan, U.S. |
EU, Southeast Asia |
$1.7 (-6%) |
Germany, U.S., France |
$1.5 |
2021 |
China, Germany, Japan |
U.S., India, EU |
$2.1 (+13%) |
U.S., Germany, Japan |
$1.9 |
2022 |
China, U.S., Germany |
Asia-Pacific, EU |
$2.5 |
U.S., China, UK |
$2.2 |
2023 |
China, Germany, Japan |
North America, EU |
$2.8 |
U.S., Germany, India |
$2.4 |
2024 |
China, U.S., Japan |
EU, Southeast Asia |
$3.1 (est.) |
U.S., Germany, China |
$2.7 (est.) |
Key Trade Routes & Market Share
Trade Route |
2021 Share (%) |
2023 Share (%) |
Value (2023, $B) |
Asia-Pacific to North America |
28.1% |
32.1% |
$0.8 |
Europe to North America |
22.2% |
25.1% |
$0.8 |
Intra-Asia Trade |
35.1% |
38.2% |
$1.2 |
3. Japan's Chemical Trade Dynamics (2018–2023)
Japan's chemical trade underwent remarkable changes from 2018 to 2023. In 2023, hydrogel exports to Southeast Asia rose by 12.1% to $9.9 billion. Chemical imports from Germany increased by 8.8% in 2022. Japan's chemical trade balance showed a deficit of $5.5 billion in 2023 versus a surplus of $2.2 billion in 2018. Over the five years, petrochemical exports to China grew at a compound annual growth rate (CAGR) of 6.3%. Overall, these trends indicate Japan's changing role within the global chemical market. Export data has been mentioned below:
Japan's Hydrogel Exports (2019–2023)
Destination Region |
2019 Value (USD) |
2023 Value (USD) |
CAGR (%) |
United States |
151 million |
211 million |
8.9% |
Europe |
181 million |
241 million |
7.6% |
India |
901 million |
131 million |
9.8% |
Southeast Asia |
121 million |
181 million |
10.8% |
Petrochemical Exports to China (2018–2023)
Year |
Export Value (USD) |
2018 |
2.6 billion |
2023 |
3.9 billion |
CAGR |
8.8% |
Japan's Chemical Imports (2019–2023)
Supplier Country |
2019 Value (USD) |
2023 Value (USD) |
CAGR (%) |
Saudi Arabia |
1.3 billion |
1.6 billion |
5.8% |
Germany |
2.1 billion |
2.9 billion |
8.8% |
Australia |
0.8 billion |
1.2 billion |
5.3% |
Japan's Chemical Trade Balance (2018 vs. 2023)
Year |
Exports (USD) |
Imports (USD) |
Trade Balance (USD) |
2018 |
81 billion |
71 billion |
+11 billion |
2023 |
91 billion |
81 billion |
+11 billion |
Challenges
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Trade barriers and market access limitations: The ability of hydrogel products to be distributed globally might be compromised by international trade policies and environmental legislation. The World Trade Organization (WTO) recognizes that all environmental measures can impede bona fide exports, with developing countries facing particular challenges. Environmental measures can easily lead to 'green protectionism', where measures that are aimed at protecting the environment are so detailed that they may not be intended as trade tools, but they restrict exports from developing nations based on environmental factors.
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Infrastructure and technological limitations: The process of scaling up hydrogel production from laboratory to industrial level is not just a matter of accessing large volumes of chemicals or Ottawa, Ontario, but is much more about technology (or the lack of and needing to develop new methods). Keeping to specifications, maintaining sterility, and complying with Good Manufacturing Practices (GMP) are not simple, nor is it low-cost work. Hydrogel also has the further complication that its high-water component complicates synthesis and storage, and sterilisation.
Hydrogel Market Size and Forecast
Report Attribute | Details |
---|---|
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
8.4% |
Base Year Market Size (2024) |
USD 15.3 billion |
Forecast Year Market Size (2037) |
USD 42.9 billion |
Regional Scope |
|
Hydrogel Market Segmentation
Material Segment Analysis
The synthetic hydrogels segment is predicted to gain the largest hydrogel market share of 45.2% during the projected period by 2037, due to customizable mechanical strength, biodegradability, and biocompatibility. They are the preferred choice for medical applications, implants, and drug delivery. Synthetic hydrogels are widely used in cosmetics, skincare, and contact lenses. Their excellent stability and controlled release properties have promoted their great adoption in the medical field.
Application Segment Analysis
The healthcare and medical segment is anticipated to constitute the most significant growth by 2037, with 38.1% market share, mainly due to the increased need for advanced wound care, drug delivery systems, and tissue engineering. Hydrogels stay moist and support healing for chronic and non-healing wounds. Programs funded by governments and public health systems to promote the management of chronic wounds and regenerative medicine. The aging population and the rising prevalence of diabetic ulcers also contribute to growth.
Our in-depth analysis of the hydrogel market includes the following segments:
Material |
|
Application |
|
Form |
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Customize this ReportHydrogel Market Regional Analysis
North America Market Insights
By 2037, the North American market is expected to hold 35.2% of the market share due to strong demand in markets such as healthcare, agriculture, and consumer products. The total North America hydrogel market is expected to reach almost USD 20.6 billion by the year 2037, growing at a compound annual growth rate (CAGR) of almost 7.6% from 2025 to 2037.
The U.S. government has been investing in chemicals to promote its activities in sustainability. In 2023, the U.S. Environmental Protection Agency (EPA) awarded Solugen the Green Chemistry Challenge Award for Bioforge, their production platform that utilizes plant-based raw materials to produce our material with no emissions or byproducts. They reported having removed over 21 million pounds of toxic chemicals and over 35,001 tons of CO₂ equivalents a year.
In 2023, the Government of Canada announced a ten-year investment of CAD 500 million through its Strategic Innovation Fund to develop and utilize clean technologies, including technologies in the chemical industry. The CAD 195 million Canada Sustainable Development Technology ("SD Tech”) initiative announced in 2023 provides up to CAD 11 million (effective until December 31, 2025) per application for energy efficiency investment projects in industrial facilities. This program intends to reduce greenhouse gas emissions and enhance competitiveness in the manufacturing sphere.
Europe Market Insights
European market is expected to hold 28.1% of the market share due to developments in the biomedical field, including wound-care, drug delivery, and tissue engineering. Synthetic hydrogels are capturing growing interest due to their customizability and sustainability as part of the European Green Deal. Population aging and increases in chronic disease are driving demand. There are new trends around hydrogels used in wearable devices, as well as using hydrogels in personalized medicine. Germany is benefiting from an established chemical industry, supportive government policy, and significant investments in sustainability. The German economy has been supported via investments such as "climate protection contracts" worth €2.9 billion, and investments in the €2.1 billion development of the Leuna Chemical Complex that can lead to advanced industrial services supporting green technologies. In addition to providing a supportive regulatory environment to manufacturing and a well-trained labour force, with a commitment to a national economy to climate neutrality by 2045.
The U.K. has leverage investments in sustainable chemical production, complemented by being a leader in research and development. The specialty chemicals industry in 2023 had 7.1% of the environmental budget allocated to assessing GaAs wafer chemical technologies. The UK's commitment to reducing carbon emissions, alongside a potential role in the transition towards innovation, is fast-tracked via leading academic institutions.

Key Hydrogel Market Players
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
The hydrogel market is intensely competitive, with stiff competition because some of the players have substantial R&D and global distribution networks. Companies are focused on the advanced material science capabilities, while companies from India and Malaysia emphasize low-cost production capabilities. Notable strategies seem to consist of acquisitions, joint ventures to enter biomedical applications, and continued development of drug delivery and wound care capabilities. To expand, the market is also seeing an increase in eco-friendly and smart hydrogels, as companies make more investments in sustainability initiatives to comply with regulatory pressures.
Some of the key players operating in the market are listed below:
Company Name |
Country of Origin |
Market Share (Approx.) |
Johnson & Johnson |
USA |
13% |
3M Company |
USA |
10% |
Cardinal Health |
USA |
9% |
B. Braun Melsungen AG |
Germany |
8% |
SEKISUI Chemical Co., Ltd. |
Japan |
6% |
Smith & Nephew plc |
UK |
xx% |
Medtronic plc |
Ireland |
xx% |
Derma Sciences (Integra LifeSciences) |
USA |
xx% |
ConvaTec Group plc |
UK |
xx% |
Ocular Therapeutix, Inc. |
USA |
xx% |
LG Chem |
South Korea |
xx% |
PolyChem Alloy |
Australia |
xx% |
Advancion Corporation (Advancion India) |
India |
xx% |
AmcarePro Sdn Bhd |
Malaysia |
xx% |
Here are a few areas of focus covered in the competitive landscape of the market:
Recent Developments
- In October 2024, UPM Biomedicals announced FibGel, the world’s first injectable nanocellulose hydrogel for use in medical devices. FibGel is composed of birch wood nanofibrillated cellulose and offers biocompatibility and stability that make it perfect for long-term use in tissue restoration, orthopedics, and drug delivery systems. FibGel has been developed and manufactured under medical device quality, with plans to conduct clinical trials with partners in 2025.
- In July 2024, the South African company Anziboo introduced I-kuze Biogel, which is a hydrogel consisting of bamboo powder and, in some cases, biochar. This biodegradable product has superb potential for retaining water at the rate of up to 500 g/g, optimizing soil health and extending product freshness. I-kuze Biogel is being used in agriculture as a biohydrogel fertilizer and in health for controlled drug release in medicine patches.
Author Credits: Rajrani Baghel
- Report ID: 7751
- Published Date: Jun 13, 2025
- Report Format: PDF, PPT