NEWARK, Del, July 14, 2022 (GLOBE NEWSWIRE) — The global super absorbent polymers market was valued at US$9.18 Bn in 2021. The market is expected to grow at a steady CAGR of 4.9% during the forecast period of 2021-2031 . Super absorbent polymers have a wide range of utilities across multiple sectors. Their application in the production of disposable diapers will primarily drive market expansion for super absorbent polymers, accounting for nearly 76% of global sales.
Increasing use of super absorbent polymers in the production of disposable diapers, female hygiene products, and adult incontinence products among others will continue to boost sales of super absorbent polymers.
Rising awareness about personal hygiene and cleanliness, rising disposable income of consumers along with the high prevalence of urinary incontinence foster a positive growth environment for the market. Growing cases of urinary incontinence have prompted healthcare workers to develop incontinence solutions in partnership with manufacturers.
Request a sample PDF @https://www.futuremarketinsights.com/reports/sample/rep-gb-429
Also, increasingly favorable healthcare and reimbursement policies by governments across the world have instilled a willingness in the consumers to spend more on quality incontinence products. All these factors are expected to increase the market growth of super absorbent polymers.
“Apart from incontinence products, super absorbent polymers are finding applications in agriculture, construction, and packaging solutions. This will likely raise the sales of super absorbent polymers in the global market,” says an FMI analyst.
- Disposable diapers account for 76% of the global sales of super absorbent polymers.
- Agriculture, construction, and packaging sectors increasingly use super absorbent polymers.
- Feminine hygiene products own a 7.8% market revenue share.
- China is predicted to account for 76% of the East Asia super absorbent polymers market shares over the forecast period.
- Super absorbent polymers market in India will rise to a 5.8% CAGR.
- Japan registered over 16% market share within East Asia in 2021.
- Brazil is expected to present substantial growth potential during 2021-2031.
Nippon Shokubai Co., Ltd, Evonik Industries AG, BASF SE., Kao Corporation, Sumitomo Seika Chemicals Co. Ltd, Sanyo Chemicals Industries, Ltd., LG Chemicals Ltd, Yixing Danson Technology, Zhejiang Weilong Polymer Material Co., Ltd, Quan Zhou Banglida Technology Industry Co., Ltd., Shandong Nuoer Biological Technology Co., Ltd., Wanhua Chemical Group Co., Ltd, Sinofloc Chemical Ltd., SNF (UK) Limited, Formosa Plastic Corporation and Songwon Industrial Co. Ltd. among others are some of the essential organizations in the super absorbent polymer market that are profiled in the full version of the report.
Collaborations and partnerships are crucial strategies employed by organizations operating in the global market so as to extend their regional reach. These market players are also investing in the expansion of their manufacturing facilities in order to gain a competitive edge.
Ask An expert here @ https://www.futuremarketinsights.com/askus/rep-gb-429
More Insights into the Super Absorbent Polymers Market Report
In its latest report, IMF offers an unbiased analysis of the global super absorbent polymers market, providing historical data from 2017 to 2021 and forecast statistics for the period 2021to 2031. To understand the global market prospect, growth, and range, the market is segmented based on product type (sodium polyacrylate, polyacrylamide copolymer, others), application (disposable diapers, adult incontinence products, female hygiene products, agriculture products, others), and region.
Super Absorbent Polymers Market Regional Analysis
According to recent IMF reports, Asia Pacific is set to gain growth momentum in the shigher absorbent polymers market. Japan, China, and India are expected to lead the regional market growth. In 2021, China’s supper absorbent polymers market grew by 3.9% on a year-on-year basis. Rising disposable income and increasing consumer spending on personal and hygiene care products contribute to making China one of the largest consumer bases of personal hygiene products.
As more than one-tenth of the world’s baby population is in China, disposable diapers are in high demand. This bodes well for the regional market.
yeshigher absorbent polymers market in India is experiencing incredible growth. Driven by rising awareness about hygiene and cleanliness, the shigher absorbent polymers market demand is set to register a CAGR of 5.8% over the assessment period. High birth rate, immense population, and advancing economy are also contributing factors to market growth. Rising demand for feminine hygiene and baby products further propels the regional market to grow.
Japan accounted for over 16% of shigher absorbent polymers market sales in the past year. The country is considered one of the most important shigher absorbent polymer markets as it was here that the first shigher absorbent polymer was produced which later resulted in high adoption rates. Rising geriatric population has led to an increase in the number of urinary incontinence which, in turn, will boost Japan’s market growth.
Latin America presents substantial growth potential in the market. Brazilian shigher absorbent polymers market is leading regional growth. Due to increasing awareness about menstrual hygiene s higher absorbent polymers market is witnessing significant growth in Brazil.
Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-429
Super Absorbent Polymers Market by Category
By Product Type
- Sodium Polyacrylate
- Polyacrylamide Copolymer
By Application Type
- disposable diapers
- Adult Incontinence Products
- Feminine Hygiene Products
- Agriculture Products
Super Absorbent Polymers Market Segmentation Analysis
By application, the diaper category holds the largest-exceeding 76%-percentage of revenue share in the market. This category is closely followed by hygiene products in terms of market domination.
Based on product type, sodium polyacrylate is leading the market with almost 64% market share in 2021. Its high absorption rates- almost 800 times its own weight- aid in the category’s popularity.
Table of Contents
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Analysis and Recommendations
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.2. Product Innovation / Development Trends
4. Key Success Factors
4.1. Product Adoption / Usage Analysis
4.2. Product USPs / Features
4.3. Strategic Promotional Strategies
5. Global Super Absorbent Polymers (SAP) Market Demand Analysis 2016 – 2020 and Forecast, 2021 – 2031
5.1. Historical Market Volume (Units) Analysis, 2016 – 2020
5.2. Current and Future Market Volume (Units) Projections, 2021 – 2031
5.3. YoY Growth Trend Analysis
MoreDetails :https://www.prnewswire.com/news-releases/super-absorbent-polymer-market-to-grow-by-4-9-through-2031-driven-by-demand-for-personal-hygiene-products -future-market-insights-finds-in-latest-survey-301331421.html
About FMI – Chemicals and Materials
The Chemicals and Materials unit of FMI offers a specific and accurate analysis of the chemicals and materials industry. This detailed coverage extends from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and renewable technology developments, supply-demand-trade assessment. Our research studies serve as reference market guidelines for chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.
Have a Look at Related Research Reports of Chemicals & Materials
Liquid Crystal Polymers Market Type: The global liquid crystal polymers market and their demand is expected to increase at a significant CAGR through 2026
Aromatic Ketone Polymers Market Size: The key driver of the aromatic ketone polymers market is fuel efficiency and affordable manufacturing. Aromatic ketone polymers are compatible with the oils and chemicals with which they are used
Reusable Oil Absorbents Market Sales: Reusable oil absorbents market is expected to gain traction over the forecast period owing to increasing industrialization and growing demand from the oil and gas sector
Cold Plates Market Demand: The market of cold plates to witness a year over year growth of 4.8% in 2022 reaching a value of about US$ 374.5 Mn by the end of 2022.
Petroleum Jelly Market Trends: The market of petroleum jelly to witness a year over year growth of 3.8% in 2022 reaching a value of about US$ 463.8 Mn by the end of 2022.
Precast Concrete Market Outlook: The global precast concrete market is expected to reach a valuation of US$ 119.3 Bn by the end of 2022. The overall precast concrete market is poised to expand at 5.40% CAGR, surpassing US$ 172.7 Bn by the end of 2030
Waste-derived Pyrolysis Oil Market Value: The demand of waste-derived pyrolysis oil to witness a year over year growth of 4.4% in 2022 reaching a value of about US$ 330.8 Mn by the end of 2022
Propyl Acetate Market Forecast: The propyl acetate business to grow with a year on year growth of 6.8% in 2022 reaching a value of about US$ 488.9 Mn by 2022 end. The global sales is anticipated to witness a considerable CAGR of 6.9% during the period of 2022 and 2029.
Vulcanization Accelerators Market Analysis: The Vulcanization Accelerators market to grow with a year on year growth of 3.8% in 2022 reaching a value of about US$ 1,708.1 Mn by 2022 end
Road Marking Paints & Coatings Market Growth: The global road marking paints & coatings market size is set to exhibit considerable growth at a CAGR of 3.5% in the forecast period in 2022 to 2032
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
For Sales Inquiries: email@example.com
Browse latest Market Reports:https://www.futuremarketinsights.com/reports
LinkedIn| Twitter| blogging