The Global Super Absorbent Polymer (SAP) Market Calculated to Gain $14619.78 Million in Revenue by 2028

According to Triton's report, the global super absorbent polymer (SAP) market, which attained $7895.25 million in 2019, is likely to observe growth at 7.09% of CAGR by 2028.

A recent study by Triton Market Research titled 'Global Super Absorbent Polymer (SAP) Market' consists of the Global Analysis and Forecasts by Type (Natural [Polyitaconic Acid, Polysaccharides, Polyvinyl Alcohol, Polypeptide, Other], Synthetic [Polyacrylate/Polyacrylamide Copolymer, Ethylene Maleic Anhydride Copolymer, Sodium Polyacrylate, Others]), Application (Personal Care [Sanitary Napkins, Nappy Pads, Urinary Bags, Baby Diapers, Adult Incontinence], Agriculture & Horticulture [Soil Broadcasting, Ornamental Gardens, Seed Coating, Flower Beds, Root Dipping], Healthcare [Medical Waste Solidification, Wound Dressing, Super Absorbent Mat], Others), Production Method (Suspension Polymerization, Solution Polymerization, Gel Polymerization), and by Geography (Latin America, Middle East and Africa, North America, Asia-Pacific, Europe).

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Triton's report denotes that the global market for super absorbent polymer (SAP) is likely to grow based on revenue and volume at a CAGR of 7.09% and 6.95%, respectively, during the projected period of 2019-2028. It is estimated to display revenue worth $14619.78 million by 2028.

A cross-linked polymer which is unsolvable in water is known as a super absorbent polymer. This polymer contains the capacity to absorb liquids and store them, even under acute pressure. It is utilized in several applications, including wound dressing and baby diapers.

The rising aging population in developing economies, along with surging demand for hygiene awareness, are elements that are driving the progress of the super absorbent polymer (SAP) market worldwide. The aging population is anticipated to augment the demand for healthcare services as well as hygiene products. Moreover, this will enhance the need for adult incontinence products, in turn, fueling the studied market's growth. Although, the elevated raw material costs and accessibility of raw material are significant factors hampering the expansion of the super absorbent polymer (SAP) market.

The market for super absorbent polymer (SAP) is sectioned into type, application, and production method. As per type, the segmentation is into natural and synthetic. Firstly, natural is divided into polyitaconic acid, polysaccharides, polyvinyl alcohol, polypeptide, and others. Whereas synthetic is sub sectioned into polyacrylate/polyacrylamide copolymer, ethylene maleic anhydride copolymer, sodium polyacrylate, and others. In terms of application, it is branched into personal care, agriculture & horticulture, healthcare, and others. The personal care section is further divided into sanitary napkins, nappy pads, urinary bags, baby diapers, and adult incontinence. Similarly, the agriculture & horticulture section is categorized into soil broadcasting, ornamental gardens, seed coating, flower beds, and root dipping. The healthcare segment includes medical waste solidification, wound dressing, and super absorbent mat. Lastly, the production method is trifurcated into suspension polymerization, solution polymerization, and gel polymerization.

Globally, Asia-Pacific holds the largest market for super absorbent polymer (SAP), and is further expected to sustain its position till 2028. The region's dominance is due to the healthcare industry's surge and significant growth in demand for diapers among the rising population. Additionally, the robust demand for super absorbent polymers has attracted numerous companies to enter the market, especially in emerging economies such as India and China. The growing consumerism in India is augmenting the demand for personal hygiene products, which is one of the primary reasons increasing the demand for SAP. Hence, as mentioned above, these factors indicate the super absorbent polymer (SAP) market's robust growth across the region.

Chase Corp, Songwon, BASF SE, Chemtex Speciality Ltd, Xitao Polymer Co Ltd, Evonik Industries AG, Kao Corporation, LG Chem Ltd, Yixin Danson Technology, Nippon Shokubai Co Ltd, Sanyo Chemical Industries Ltd, Sumimoto Seika Chemicals Co Ltd, and Zhejiang Satellite Petrochemical Co Ltd are well-known companies in this market.

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Question & Answer: Super Absorbent Polymer (SAP) Market

Question 1: What elements are driving the progress of the super absorbent polymer (SAP) market?
Answer: The rising aging population in developing economies, along with surging demand for hygiene awareness, are elements that are driving the progress of the super absorbent polymer (SAP) market worldwide.
The aging population is anticipated to augment the demand for healthcare services as well as hygiene products. Moreover, this will enhance the need for adult incontinence products, in turn, fueling the studied market's growth.

Question 2: What factors are hampering the expansion of the super absorbent polymer (SAP) market?
Answer: The elevated raw material costs and accessibility of raw material are significant factors hampering the expansion of the super absorbent polymer (SAP) market.

Question 3: Which region holds the largest market for super absorbent polymer (SAP)?
Answer: Globally, Asia-Pacific holds the largest market for super absorbent polymer (SAP), and is further expected to maintain its position till 2028. The region's dominance is due to the healthcare industry's surge and significant growth in demand for diapers among the rising population. Additionally, the robust demand for super absorbent polymers has attracted numerous companies to enter the market, especially in emerging economies such as India and China. The growing consumerism in India is augmenting the demand for personal hygiene products, which is one of the primary reasons increasing the demand for SAP. Hence, as mentioned above, these factors indicate the super absorbent polymer (SAP) market's robust growth across the region.

Question 4: Which are the well-known companies present in the super absorbent polymer (SAP) market?
Answer: Chase Corp, Songwon, BASF SE, Chemtex Speciality Ltd, Xitao Polymer Co Ltd, Evonik Industries AG, Kao Corporation, LG Chem Ltd, Yixin Danson Technology, Nippon Shokubai Co Ltd, Sanyo Chemical Industries Ltd, Sumimoto Seika Chemicals Co Ltd, and Zhejiang Satellite Petrochemical Co Ltd are well-known companies in this market.

Related Report:
Global PP Nonwoven Market

The global PP nonwoven market is likely to display growth in its revenue during 2020-2028 at a CAGR of 7.05%. It is expected to acquire revenue worth $32.36 million by 2028.

A nonwoven fabric refers to a material that is formed from the combination of long and short fibers. They are fused through a solvent treatment. Moreover, these fabrics are primarily used in the textile manufacturing industry, and is known as felt. They are neither interlaced nor knitted.

Factors such as growth in the aging population, along with high demand for baby diapers, are motivating the development of the PP nonwoven market. Further, the availability of low-cost labor in emerging economies is also generating several opportunities for the PP nonwoven market’s expansion.

Although, the ambiguity associated with raw material prices and strict environmental regulations, are weighing down the development of the PP nonwoven market during the considered years of 2020-2028.

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