Press release
Global Super Absorbent Polymer (SAP) Market Demand Analysis By Top Key Players Like Evonik Industries AG, LG Chem Ltd., Nippon Shokubai Co. Ltd., Songwon Industrial Co. Ltd, Sumitomo Seika Chemicals Co. Ltd.
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Increasing demand for personal care products and growing use in agriculture boosts the Super Absorbent Polymer (SAP) Market
The use of SAPs in wide applications such as personal care, healthcare, agriculture, pharmaceutical, and construction among others majorly drives the growth of the super absorbent polymer (SAP) market. Growing awareness regarding personal care and increasing disposable income, boost the growth of the super absorbent polymer market. The consumers are increasingly using products such as contact lenses, cosmetics, and personal care products, thereby augmenting the growth of super absorbent polymer market. Technological advancements and increasing applications in pharmaceuticals and healthcare sectors would provide growth opportunities in the future. New emerging markets, emerging consumer demographics, and technological advancements would provide growth opportunities for super absorbent polymer market in the coming years.
Global Super Absorbent Polymer (SAP) Market Taxonomy
The global Super absorbent polymer market is segmented on the basis of type, application, and geography.
By Type
• Natural
• Synthetic
By Application
• Personal Care
• Healthcare
• Agriculture
• Industrial
• Others
Geographically, the global super absorbent polymer market is categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The rising geriatric population and high disposable income boost the growth of Europe Super Absorbent Polymer (SAP) Market
On the basis of geography, Europe is expected to dominate the global market over forecast period. A significant rise in the infant and geriatric population has been registered over the past few years, boosting the growth of super absorbent polymer market in the region. Increasing awareness regarding personal care and hygiene, and high disposable incomes in countries of this region augment the market growth in the region. Increasing application of super absorbent polymer in healthcare and pharmaceutical also supports growth in this region. Use of super absorbent polymer in agriculture, construction, and waste treatment further increases the demand of super absorbent polymer in Europe.
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Key players in the global Super Absorbent Polymer market are:
• Evonik Industries AG
• LG Chem Ltd.
• Nippon Shokubai Co. Ltd.
• BASF SE
• Songwon Industrial Co. Ltd
• Formosa Plastics Corporation
• SDP Global Co. Ltd
• KAO Corporation
• Yixing Danson Technology
• Sumitomo Seika Chemicals Co. Ltd.
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers.
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Mr. Neel
Corporate Sales, USA
Polaris Market Research
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