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With 5.3% CAGR, Superabsorbent Polymers Market to Surpass USD 13,770.03 Billion by 2028

With 5.3% CAGR, Superabsorbent Polymers Market to Surpass USD 13,770.03 Billion by 2028
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.

Superabsorbent Polymers Market Scope

Report Attribute

Details

Market Value in 2021

USD 9592.6 Million

Market Value in 2028

USD 13,770.03 million

CAGR

5.3 %

Benchmarking Year

2021

Past data

2016 – 2021

Forecast period

2022 – 2028

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.

Click here to get the short-term and long-term impact of COVID-19 on this Market: https://www.credenceresearch.com/report/superabsorbent-polymers-market

Purpose of the Report

This strategic research study, titled “Global Superabsorbent Polymers Market – Growth, Share, Opportunities, and Competitive Analysis, 2016 – 2028,” aims to give company executives, industry investors, and industry participants in-depth knowledge so they can make wise strategic decisions about the opportunities in the global Superabsorbent Polymers Market.

The report also includes competitive profiles of the top superabsorbent polymer vendors, as well as information on their market positioning, expansion strategies, and most recent advancements, in order to assist strategic decision makers. The report also offers the following in-depth analyses: Current and upcoming market trends to support the industry’s superabsorbent polymers’ attractive future markets

Target Audience

  • Industry Investors
  • Superabsorbent Polymers Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes
  • USP and Key Offerings

Segmentation of Global Superabsorbent Polymers Market-

Global Superabsorbent Polymers Market – By Type

  • Sodium Polyacrylate
  • Polyacrylate/Polyacrylamide, Copolymers
  • Others

 Global Superabsorbent Polymers Market – By Application

  • Personal Hygiene
  • men
  • Medical
  • Industrial
  • Others

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

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.

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

………….

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

………….

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

………….

8. Asia Pacific

………….

9. Latin America

…………..

10. Middle East

…………..

11. Africa

…………..

12. Global

…………..

13. Company Profiles

13.1. Nippon Shokubai (Japan)

13.2. Evonik (Germany)

13.3. BASF (Germany)

13.4. Satellite Science & Technology Co., Ltd.(China)

13.5. Sumitomo (Japan)

13.6. LG Chem (South Korea)

13.7. SDP Global (Japan)

13.8. Formosa (Taiwan)

13.9. Yixing Danson (China)

13.10. Kao Corporation (Japan)

13.11. Others

Browse full report with Complete Table of Content: https://www.credenceresearch.com/report/superabsorbent-polymers-market

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