The need for superabsorbent polymers is being driven by the growing awareness of water conservation

The global Superabsorbent Polymer Market size was USD 8.48 billion in 2022 and is expected to reach a value of USD 13.52 billion by 2032, and register a revenue CAGR of 6% during the forecast period. The rise in the demand for hygiene goods, the increased awareness of water conservation, and the expansion of agriculture and horticulture are the main drivers of the market revenue growth.

The demand for Feminine Hygiene Products, adult incontinence products, and baby diapers is enhancing market expansion. Consumers' growing awareness of the need of personal hygiene is helping the industry expand. In addition, due to their higher absorbent qualities, which aid in keeping the skin dry and comfortable, the need for superabsorbent polymers in the production of disposable hygiene items has expanded.

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Major Companies:

  • BASF SE
  • Nippon Shokubai Co. Ltd.
  • Evonik Industries AG
  • Sumitomo Seika Chemicals Co. Ltd.
  • LG Chem Ltd.
  • Formosa Plastics Corporation
  • SDP Global Co. Ltd.
  • KAO Corporation
  • Yixing Danson Technology
  • Songwon Industrial Co. Ltd.
  • Sanyo Chemical Industries, Ltd.

Competitive Landscape:

The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.

Key questions addressed in the report:

·         What is the expected market size of the global Superabsorbent Polymer market during the forecast period?

·         What CAGR is the global market expected to register during the forecast period?

·         Which key factors are expected to boost global market growth between 2021 and 2028?

·         What are the key restraints that are expected to hamper global market growth?

·         Which regional market is expected to register robust CAGR during the forecast period?

·         Which key players are operating the global Superabsorbent Polymer market?

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Superabsorbent Polymer Market Segmentation:

Type Outlook:

·         Sodium Polyacrylate

·         Polyacrylamide Copolymer

·         Others

Application Outlook:

  • Baby Diapers
  • Adult Incontinence Products
  • Feminine Hygiene Products
  • Agriculture
  • Medical
  • Others

Key Regional Markets Covered in the Report:

·         North America (U.S.A., Canada, Mexico)

·         Europe (Italy, U.K., Germany, France, Rest of Europe)

·         Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)

·         Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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