Superabsorbent Polymers Market Size Estimated to Reach USD 13,770.03 MN By 2028, With 5.3 % CAGR: Statistics Report by Credence Research

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Superabsorbent Polymers Market Size Estimated to Reach USD 13,770.03 MN By 2028, With 5.3 % CAGR: Statistics Report by Credence Research

July 06
19:14 2022
Superabsorbent Polymers Market Size Estimated to Reach USD 13,770.03 MN By 2028, With 5.3 % CAGR: Statistics Report by Credence Research
The key players in the global Superabsorbent Polymers market in terms of value and volume include Nippon Shokubai (Japan), Evonik (Germany), BASF (Germany), Satellite Science & Technology Co., Ltd.(China), Sumitomo (Japan), LG Chem (South Korea), SDP Global (Japan), Formosa (Taiwan), Yixing Danson (China), and Kao Corporation (Japan).

The latest market report published by Credence Research, Inc. “Global Superabsorbent Polymers Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Superabsorbent Polymers Market generated revenue of around USD 9592.6 million in 2021 and is anticipated to grow a CAGR of over 5.3% during the forecast period from 2022 to 2028 to reach around USD 13,770.03 million in 2028. While, cumulative growth opportunity presented by the global Superabsorbent Polymers is around USD 92,590  million during 2022 to 2028.

Increased awareness of personal hygiene and cleanliness, as well as an increase in end-user disposable income in countries. The growing usage of super absorbent polymers in feminine hygiene products, disposable diapers, and adult incontinence products will continue to drive market sales. The need for highly absorbent polymers is predicted to expand as a result of this. Aside from that, super absorbent polymers are increasingly being used in agriculture, construction, and packaging. Superabsorbent technology is in high demand, especially in the disposable hygiene industry and agriculture, which are both rapidly expanding their uses. Acrylic acid is used as a raw material in the manufacturing of superabsorbent polymers. It is made from crude oil and petrochemicals. The price of crude oil and petrochemicals, on the other hand, is highly volatile. This has a direct effect on the cost of superabsorbent polymer production. As a result, the global superabsorbent polymers market is likely to be hampered by raw material price volatility over the forecast period.

Browse full report: https://www.credenceresearch.com/report/superabsorbent-polymers-market

The global Superabsorbent Polymers market is bifurcated Type, Application and Geography. Based on type the market is categorized into organic and conventional. On the basis of type, the global market is segmented into sodium polyacrylate, polyacrylate/polyacrylamide, copolymers, and others. Based on the application the market is bifurcated as personal, hygiene, agriculture, medical, industrial and others. Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Collaborations result in cost-effective and environmentally friendly hygiene products.

Hygiene product innovations are being spurred by strategic collaborations. For example, Archer Daniels Midland (ADM), a global food processing company based in the United States, announced a collaboration with LG Chem, a Korean chemical company, to develop bio-based acrylic acids used to manufacture superabsorbent polymers. Bio-based acrylic acids are gaining popularity in the superabsorbent polymers market for the production of hygiene products such as diapers. Manufacturers are increasing their production capabilities in eco-friendly raw materials by sourcing renewable resources in response to stringent environmental regulations and increased customer interest in sustainable products.

Superabsorbent polymer manufacturers are gaining efficacy in cost-effective solutions, such as experimenting with corn kernels to develop bio-based acrylic acid materials. They are increasing efforts to expand their product portfolio in eco-friendly hygiene products to support growing customer demands.

Why to Buy This Report-

  • The report provides a qualitative as well as quantitative analysis of the global Superabsorbent Polymers market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
  • The report contains information related to competitive landscape like how the key players in the market are operating at a global, regional, and country level
  • In-depth analysis of the global market segmentation on the basis of nature, end use, extraction process, and sales channel.
  • Major countries in each region with their import/export statistics
  • The global Superabsorbent Polymers market report also includes the analysis of the market at a global, regional, and country level along with key market trends, major players analysis, market growth strategies, and key application areas.

Browse full report: https://www.credenceresearch.com/report/superabsorbent-polymers-market

Table of Content

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope_Toc507161964

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Superabsorbent Polymers Market

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Superabsorbent Polymers Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Major Industry Challenges

3.2.3. Key Growth Pockets

3.3. Attractive Investment Proposition,2021

3.3.1. Type

3.3.2. Application

3.3.3. Geography

3.4. Porter’s Five Forces Analysis

3.4.1. Threat of New Entrants

3.4.2. Bargaining Power of Buyers/Consumers

3.4.3. Bargaining Power of Suppliers

3.4.4. Threat of Substitute Types

3.4.5. Intensity of Competitive Rivalry

3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021

4.1. Company market share of key players, 2021

4.2. Top 6 Players

4.3. Top 3 Players

4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis

5.1. Global Superabsorbent Polymers Market Pre Vs Post COVID 19, 2019 – 2028

5.2. Impact on Import & Export

5.3. Impact on Demand & Supply

6. North America

6.1. North America Superabsorbent Polymers Market, by Country, 2016-2028(US$ Bn)

6.1.1. U.S.

6.1.2. Canada

6.1.3. Mexico

6.2. North America Superabsorbent Polymers Market, by Type, 2016-2028(US$ Bn)

6.2.1. Overview

6.2.2. Sodium Polyacrylate

6.2.3. Polyacrylate/Polyacrylamide, Copolymers

6.2.4. Others

6.3. North America Superabsorbent Polymers Market, by Application, 2016-2028(US$ Bn)

6.3.1. Overview

6.3.2. Personal Hygiene

6.3.3. men

6.3.4. Industrial

6.3.5. Medical

6.3.6. Others

7. Europe

7.1. Europe Superabsorbent Polymers Market, by Country, 2016-2028(US$ Bn)

7.1.1. UK

7.1.2. France

7.1.3. Germany

7.1.4. Italy

7.1.5. Russia

7.1.6. Ukraine

7.1.7. Spain

7.1.8. Belgium

7.1.9. Netherland

7.1.10. Austria

7.1.11. Sweden

7.1.12. Poland

7.1.13. Denmark

7.1.14. Switzerland

7.1.15. Rest of Europe

7.2. Europe Superabsorbent Polymers Market, by Type, 2016-2028(US$ Bn)

7.2.1. Overview

7.2.2. Sodium Polyacrylate

7.2.3. Polyacrylate/Polyacrylamide, Copolymers

7.2.4. Others

7.3. Europe Superabsorbent Polymers Market, by Application, 2016-2028(US$ Bn)

7.3.1. Overview

7.3.2. Personal Hygiene

7.3.3. men

7.3.4. Industrial

7.3.5. Medical

7.3.6. Others

Browse full report: https://www.credenceresearch.com/report/superabsorbent-polymers-market

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