Press release
Super Absorbent Polymer Market Expected to Reach USD 12,009.2 MN by 2024 | CAGR 7.1%
As per the analysis, global Super Absorbent Polymer market is estimated to reach USD 12,009.2 Million in 2024 from USD 7,527.9 Million in 2017 with CAGR 7.1%. The report encompasses in-depth analysis of market size, share, growth and trends under the forecast period 2018-2024. Report provides an in-depth, accurate and quality research data to potential clients, who can use this data in smart decision - making for future. In addition, the comprehensive research data will assist in gaining a competitive edge and potential profit in the market.The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the super absorbent polymer market includes BASF SE, Nippon Shokubai Co. Ltd., Evonik Industries AG, SDP Global Co. Ltd., LG Chem Ltd., Sumitomo Seika Chemicals Co. Ltd. , Formosa Plastics Co., Bayer AG, and Mitsubishi Chemical Holdings Corporation. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
The super absorbent polymer is widely used in the manufacturing of diapers for babies, feminine hygiene products, and adult incontinence products. Additionally, the increasing birth rate along with the growing geriatric population fuels the demand for super absorbent polymer market. Moreover, the rising application of super absorbent polymer for water conservation tool in large-scale agriculture is projected to drive the market growth during the forecast period. On the other hand, the fluctuating price of raw material is likely to act as a restraint for the market. Also, issues associated with the disposal of the synthetic superabsorbent polymer is likely to hamper the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of super absorbent polymer.
Browse Global Super Absorbent Polymer Market Research Report with detailed TOC at: https://www.valuemarketresearch.com/report/super-absorbent-polymer-market
Market Segmentation
The broad super absorbent polymer market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
Sodium Polyacrylate
Polyacrylamide Copolymers
Others
By Application
General
Baby Diapers
Feminine Hygiene Products
Adult Incontinence Products
Medical
Traditional Wound Care
Advanced Wound Care
Others (Surgical Pads, Etc.)
Others (Agriculture, Waste Water Treatment, Etc.)
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