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- Lithium Industry Global Trends
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- The global powder coatings market size is slated to reach USD 18.95 billion by 2028, registering a 6.2% CAGR during the forecast period. The increasing demand for industrial equipment Browse Summary: https://www.fortunebusinessinsights.com/powder-coatings-market-102139
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- Industrial Insulation Market Overview, Key Players Analysis, Opportunities, Comprehensive Research Study, Competitive Landscape and Forecast to 2029
- Folding Cartons Market Industrial Chain Analysis, Manufacturing Cost Structure, Process Analysis by 2028
- Optical Coatings Industry Business Opportunities, Top Manufacture, Growth, Research Report, Regional Analysis and Global Forecast to 2029
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- Oleochemicals Industry nalysis, Company Profiles, Competitive Landscape and Key Regions Analysis Available at Fortune Business Insights
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- Micro Flute Paper Market Share, Trends, Revenue, Segmentation, Research Report, Demand, Outlook and Forecast by 2028
- Sodium Silicate Market to Witness Significant Growth in Coming Years - Exclusive Report
- Acrylonitrile Butadiene Styrene Market Outlook 2028 | Industry Analysis & Growth Forecast by Product & End User
- Composites Industry 2021 Global Industry Forecasts Analysis, Competitive Landscape and Key Regions Analysis
- Ceramic Tiles Industry | 2020 Size, Growth, Share, And Industry Trends Forecast To 2028
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- Fatty Alcohol Market Witness The Highest Growth Globally In Coming Years
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Superabsorbent polymers Market Providing Size Trends, Growth Status, Key Players Overview, Price Analysis, Share Estimation, and Forecast
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The global superabsorbent polymers market size was valued at USD 10.29 billion in 2022. The market is projected to grow from USD 11.03 billion in 2023 to USD 18.16 billion by 2030, exhibiting a CAGR of 7.4% during the forecast period.
Superabsorbent Polymers (SAP) possess an impressive capacity to absorb aqueous fluids, ranging from 300 to 500 times their own weight. These polymers find widespread application in various sectors, including personal hygiene, medical, and agriculture, where their exceptional fluid absorption properties are highly valuable. Fortune Business Insights presents this information in their report titled "Global Superabsorbent Polymers Market, 2023–2030."
COVID-19 Impact
Market Stabilized During Pandemic due to Moderate Demand
Segments
Robust Demand in Personal Hygiene Drives Sodium Polyacrylate Segment
Drivers and Restraints
Rising Geriatric Population Boosts Demand for Adult Incontinence Products
Regional Insights
Asia Pacific Emerges as Market Leader Fueled by Government Programs and Growing Demand
North America showcases a remarkable adoption of personal hygiene products among its population. Moreover, the region's expanding elderly population is expected to play a pivotal role in driving market growth, particularly in the segment of adult incontinence products, in the coming years.
Competitive Landscape
Key Companies Invest in Recycled Material for Sustainable Production
Leading players in the superabsorbent polymers industry are collaborating to incorporate recycled raw materials into the production process, demonstrating their commitment to sustainability. In response to the increased prices of raw materials, major players in the market have recently announced a price hike.
Major Players Profiled in the Report:
Sumitomo Seika Chemicals (Japan)
Nippon Shokubai (Japan)
Sanyo Chemical/SDP Global (Japan)
BASF (Germany)
Evonik (Germany)
LG Chem (South Korea)
Taiwan Plastics (Taiwan)
Yixing Danson (China)
Satellite Science & Technology (China)
Shenghong Holding Group (China)
Quan Zhou Technology (China)
Information source-https://www.fortunebusinessinsights.com/superabsorbent-polymers-market-104602
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