Superabsorbent Polymer Market Market is Booming Worldwide (2020-2025) | BASF SE, Evonik, LG Chem, Nippon Shokubai, San-Dia Polymers

An analysis of Superabsorbent Polymer market has been provided in the latest report launched by Global Market Insights that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.

Rising reconstruction industry in North America will drive superabsorbent polymer market by 2025. Rising aging population has led to increase in use of adult incontinence products, subsequently leading to growing demand for these products in various geographies.

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Use of adult diapers has become active in developing regions including Asia Pacific due to increasing number of literate population and growing hygiene awareness among aging population in the region. This will anticipate superabsorbent polymer market by 2025. Therefore, the adult incontinence products are expected to experience stagnant growth by 2025 and account for 12.0% share in 2025.

The major players superabsorbent polymer market includes:

• Evonik
• LG Chem
• BASF
• Yixing Danson Technology Formosa Plastics
• Nippon Shokubai
• Zheijiang Satellite
• San-Dia Polymers
• Sumitomo Chemicals
• Songwon Industrial Co. Ltd.

Increasing technological advancement in agriculture and horticulture in developed nations will drive superabsorbent polymer market. The product act as a miniature reservoir to the soil, providing aeration to the crops. Moreover, these polymers are used to manufacture sealing composites made by blending modified superabsorbent polymer into elastomers or rubber. This composite is majorly used as mortar for joints in construction industry.

Polyacrylamide copolymer will generate the revenue of nearly 2.5 billion by 2025. This polymer exhibits nontoxic behavior and high-water retention property and is used for application including soft contact lenses, feminine hygiene products, baby diapers, surgical pads, etc.

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North America market led by the U.S, will account for around 25% of superabsorbent polymer market. Growth in incidence of chronic diseases, increase in the general awareness of patients, and technological advancements will drive market. Moreover, the life expectancy in the region is 78.7 years. Growing elderly population in the region will increase the adult continence product by 2025.

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