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.
• Personal Care
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
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