Pune, India, Nov. 28, 2022 (GLOBE NEWSWIRE) -- According to Fortune Business Insights™, The global superabsorbent polymers market size is projected to experience dynamic expansion in the upcoming years owing to the increasing demand for sanitary napkins and diapers from the majority of the world population, highlights Fortune Business Insights™ in its report, titled “Superabsorbent polymers Market, 2022-2029”.
Superabsorbent polymers are mainly water-absorbing polymers that can retain a significant amount of water without being soluble. There has been an increasing demand for sanitary napkins and diapers from consumers due to the rising awareness about health and hygiene as these diapers possess water-absorbent properties because of the polymers that help protect against skin irritation. Thus, this is a vital factor contributing to the growth of this market. Further, the superabsorbent polymers help to keep the skin dry and prevent from spreading infections. This is another crucial factor responsible for the growth of this market.
However, superabsorbent polymers are difficult to dispose of, which is projected to hinder the growth of this market.
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List of Key Players Covered in the Superabsorbent Polymers Market Report:
- Nippon Shokubai
- BASF
- Evonik
- Sumitomo
- Formosa
- SDP Global
- Kao Corporation
Report Scope & Segmentation:
| Report Attribute | Details |
| Base Year | 2021 |
| Historical Year | 2018 – 2020 |
| Forecast Year | 2022 – 2029 |
| Segments Covered | By End-Use and Regional |
| Forecast Units | Value (USD Billion), and Volume (Units) |
| Quantitative Units | Revenue in USD million/billion and CAGR from 2022 to 2029 |
| Geographies Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, Latin America and Rest of World |
| Key Market Opportunities | Superabsorbent polymers Will Bring in New Opportunities In Global Polymers Industry |
| Countries Covered | Unites States, Canada, Mexico, Unites Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
COVID-19 Impact:
The COVID-19 pandemic has hugely impacted the chemicals and materials industry worldwide. This pandemic has disrupted the supply chains in the chemicals industry which has resulted in heavy loss of business, thus, affecting the demand for superabsorbent polymers across several regions of this market.
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Market Segmentation:
On the basis of type
- sodium polyacrylate
- polyacrylate/polyacrylamide
- copolymers
By application
- Agriculture
- personal hygiene
- construction
- medical
- packaging
- oil and gas, industrial
Based on geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Highlights/Summary:
The report incorporates actionable insights into the regional prospects of the market and provides a comprehensive analysis of the market drivers and challenges. Further, the report also contains detailed bifurcation of key market players and careful study of their strategies and offers a granular evaluation of the different market segments.
Drivers/Restraints:
Rising Adoption of Superabsorbent Polymers in the Agriculture Industry to Fuel the Market
There has been an increasing adoption of superabsorbent polymers in the agriculture industry owing to their water absorbing properties during irrigation activities. Further, these types of polymers help to reduce the soil erosion by surface run-offs and also help in reducing the cost of water. Thus, these are the major factors responsible for the growth of this market.
Regional Insights:
Rising Number of Ageing Population to Boost the Asia Pacific Market Growth
The Asia Pacific region is projected to witness substantial growth in the superabsorbent polymers market share on account of the rising number of ageing population in the countries such as India, China, and Japan.
North America region is anticipated to grow at a decent pace in this market owing to the increasing disposable income of the people and rising expenditure on health and hygiene of the people in this region.
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Competitive Landscape:
Increasing Production and Distribution of Superabsorbent Polymers by Key Players to Feed Competition
The leading companies in the superabsorbent polymers market are focusing on the increasing production and distribution of these polymers owing to their wide usage in numerous industries worldwide. This has resulted in increasing competition among key companies which will help them to widen their offerings and expand their business operations.
Detailed Table of Content:
- Introduction
- Superabsorbent Polymers Market Definition
- Superabsorbent Polymers Market Scope
- Research Methodology
- Primary Research
- Research Methodology
- Assumptions & Exclusions
- Secondary Data Sources
- Market Overview
- Report Segmentation & Scope
- Value Chain Analysis: Superabsorbent Polymers Market
- Key Market Trends
- Drivers
- Restraints
- Opportunities
- Company Profile
- Company Overview
- Financial Performance
- Recent Developments
- Product Portfolio
TOC Continued…!
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