The global super absorbent polymer market size was estimated to be US$ 9 billion in 2020 and is expected to reach US$ 17.1 billion by 2031 at a CAGR of 6.1%.
Super absorbent polymers allude to water-retaining materials that are utilized in the assembling of different individual consideration items. SAPs are generally white sugar-like hygroscopic substances that assimilate water to shape straightforward gel-based particles.
These particles can hold dampness under tension without breaking or blazing. Aside from this, SAPs are additionally utilized in agrarian sectors to build the water holding limit of the dirt. They are ordinarily fabricated utilizing suspension, arrangement and gel polymerization and discover broad application across different ventures, including auto, construction and real estate along with packing.
Super-absorbent innovation is seen to be in high demand particularly in the dispensable cleanliness industry and the horticulture area, the two of which are quickly growing their utilization. Driving organizations are thus zeroing in on growing their production limit by means of consolidations and joint efforts to improve market presence. Interest of consumers worldwide in innovative work likewise is expanding because of the need for a lot more slender absorbents for the utilization in diapers and cushions.
With the commonness of urinary disorders on the acclivity, clinical specialists are zeroing in their endeavors on developing incontinence arrangements as a team with makers. Other than this, good medical care and repayment arrangements embraced by different governments have made buyers more able to spend on high quality incontinence items.
With the commonness of urinary disorders on the acclivity, clinical specialists are zeroing in their endeavors on developing incontinence arrangements as a team with makers. Other than this, good medical care and repayment arrangements embraced by different governments have made buyers more able to spend on high quality incontinence items.
Europe was the main income receiver in the worldwide market for super absorbent polymer in 2019, with a significant income share. It is assessed to hold its situation until 2031. The market is driven by spread out request from makers of child diapers, attributable to its high water ingestion and maintenance limit. Changing ways of life and prospering online ecommerce business is a portion of the essential aspects adding to provincial market development during 2021-2031.
The Asia Pacific is expected to observe critical development over the 2021-2031 forecast time frame, attributable to high item need from developing economies, like China and India. Child diapers market is seeing fast development in the area by virtue of rising discretionary cash flow, populace, and mindfulness in regard to child wellbeing.
Global Super Absorbent Polymer Market Value Share Analysis, by Geography (2022)
The report titled “Global Super Absorbent Polymer Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is the historic period, 2022 is the base year, and 2023 to 2032 is the forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the Global Super Absorbent Polymer Market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global Super Absorbent Polymer market is segmented as application, and region. Based on application, the Super Absorbent Polymer market is segmented into Agriculture, Baby Diapers, Adult Incontinence Products, Female Hygiene Products, others. Based on geography, the Global Super Absorbent Polymer Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Italy, France, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, UAE, South Africa and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Global Super Absorbent Polymer Market. Further, market share of prominent companies in the Global Super Absorbent Polymer Market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the Super Absorbent Polymer companies. The Global Super Absorbent Polymer Market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the Super Absorbent Polymer business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the Global Super Absorbent Polymer Market.
The key players of the Global Super Absorbent Polymer Market are Nippon Shokubai Co., Ltd., BASF SE, Formosa Plastics Corporation, Sumitomo Seika Chemicals Co., Ltd., LG Chemical Ltd., SDP Global Co., Ltd., KAO Corporation, Evonik Industries AG, Songwon Industrial Co., Ltd., Yixing Danson Technology, and others.
Global Super Absorbent Polymer Market Key Segments:
Based on application
By Region
The global super absorbent polymer market is expected to reach US$ 17.1 billion by 2031.
The global super absorbent polymer market is expected to register a CAGR of 6.1% by 2031.
Nippon Shokubai Co., Ltd., BASF SE, Formosa Plastics Corporation, Sumitomo Seika Chemicals Co., Ltd., LG Chemical Ltd., SDP Global Co., Ltd., KAO Corporation, Evonik Industries AG, Songwon Industrial Co., Ltd., Yixing Danson Technology, and others.
The global super absorbent polymer market segmented on the basis of product, application, and geography.
Copyright © 2024 Same Page Management Consulting Pvt. Ltd. (insightSLICE) | All Rights Reserved