Press release
Super Absorbent Polymers Market is Forecasted to Reach US$ 14.61 Billion in 2028, Says Stratview Research
The global super absorbent polymers market is projected to witness a growth rate of 5.82% annually from 2023 to 2028, with an anticipated size of US$ 14.61 billion by 2028, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global super absorbent polymers market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/1482/super-absorbent-polymers-(SAP)-market.html#form
Report Highlights:
Market Size in 2028: US$ 14.61 billion
Growth (CAGR): 5.82% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Super Absorbent Polymers Market:
The global super absorbent polymers market is segmented based on product type, application type, and region.
Based on product type -The market is segmented as sodium polyacrylate, polyacrylate/polyacrylamide, and copolymers. The sodium polyacrylate segment held the largest share of the market in 2022 and is expected to remain dominant during the forecast period. Sodium polyacrylate is widely preferred for personal hygiene products and water absorbent applications as it is a super absorber of water.
Based on application type - The market is segmented as personal hygiene, agriculture, medical, industrial, packaging, construction, and oil & gas. The personal hygiene segment is the largest segment, as it is widely used in sanitary napkins, baby diapers, and protective underwear.
To know the most attractive segments, click here:
https://www.stratviewresearch.com/1482/super-absorbent-polymers-(SAP)-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is estimated to be the largest and fastest-growing market during the forecast period. This growth outlook is majorly attributed to the following-
• India and China are the major countries with lucrative growth opportunities, owing to the growing population and awareness of personal hygiene in the region.
Super Absorbent Polymers Market Drivers:
Some of the key drivers listed in the report are given below.
• Rising awareness of personal hygiene and eco-friendly products: The rise in demand for disposable diapers, feminine hygiene products, adult incontinence products, etc. is one of the major factors behind the growth of the super absorbent polymers market. For instance, BASF SE- a leading chemical company has increased the application of super-absorbents like Hysorb and SAVIVA in incontinence products and baby diapers.
• Growing need for advanced agricultural products: Super absorbent polymers in agriculture are used to improve water retention in soil, unforeseen drought conditions, salination, overuse of synthetic fertilizers, improve crop yield, etc.
• Food packaging: The use of super absorbent polymers in food product packaging is rapidly growing, since these materials can absorb and retain excess moisture, improving the shelf life of the products.
Top Companies in the Super Absorbent Polymers Market:
Stratview Research has identified the following companies as the top market players.
• BASF SA
• Evonik Industries
• Formosa Plastics
• Kao Corporation.
• LG Chem Ltd.
• Nippon Shokubai
• Satellite Science & Technology Co., Ltd.
• SDP Global Co., Ltd.
• Sumitomo Corporation
• Yixing Danson
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Super Absorbent Polymers Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Biodegradable Superabsorbent Materials Market: https://www.stratviewresearch.com/2998/biodegradable-superabsorbent-materials-market.html
• Industrial Absorbent Market: https://www.stratviewresearch.com/1139/industrial-absorbent-market.html
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About Us:
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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