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Superabsorbent Polymers Market Share 2022 By Growth Factors, Applications, Regional Analysis, Key Players

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Market Analysis

The global superabsorbent polymers market is anticipated to grow at a healthy CAGR between 2020- 2027, states the latest Market Research Future (MRFR) report. Superabsorbent polymers, simply put, are materials that possess the ability to absorb and retain large volumes of aqueous solutions and water, thus making them ideal for use in personal care, building, and construction, agriculture, and food packaging, to name a few.

Various factors are adding to the Superabsorbent Polymers Market Share. These factors, as per the new MRFR report, include increasing use of superabsorbent polymers in agricultural activities, burgeoning demand for production of high-quality crops, and growing awareness among farmers about the effects of these polymers on crop yield, growing construction sector, and increasing construction activities. Additional factors adding market growth include increasing use of personal care products, especially adult incontinence products and diapers, expanding personal care sector, constant industrialization, and rapid growth, especially of the middle-class population.

On the contrary, the high raw material cost may limit the superabsorbent polymers market growth over the forecast period.

Market Segmentation

The Market Research Future Report provides an inclusive segmental analysis of the global superabsorbent polymers market based on end use and type.

By type, the superabsorbent polymers market is segmented into sodium polyacralyte, polyacrylamide copolymer, and others.

By end use, the superabsorbent polymers market is segmented into food packaging, agriculture, building and construction, personal care, and others. Others are again segmented into electrical, healthcare, and entertainment.

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Regional Analysis

Based on region, the global superabsorbent polymers market report covers the growth opportunities and recent trends across Europe, North America, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, Europe will spearhead the market over the forecast period. Factors adding market growth in the region include increasing demand for packaged food among the working population, huge investment in innovation and R&D, and developed end use industries. The UK, Poland, Spain, Germany, Italy, France, and Russia are the leading contributors in the region.

The superabsorbent polymers market in the APAC region will have healthy growth in the market over the forecast period. Factors propelling the superabsorbent polymers market growth in the region include expansion of various end use industries, especially agriculture and building & construction, large scale industrial, commercial, and residential construction projects, and burgeoning demand in Malaysia, South Korea, Thailand, Japan, India, and China. Besides, increasing disposable income, especially in emerging nations, increasing number of working professionals, easy availability of raw materials, inexpensive land, and labor cost, and increasing development strategies to cater to the demand of the product in the increasing applications is also adding market growth.

The superabsorbent polymers market in North America is predicted to have notable growth over the forecast period for rising consumption of personal care products and the increasing awareness about personal hygiene. The US & Canada are the key contributors in the region for the continuous expansion of the personal care sector.

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The superabsorbent polymers market in Latin America is predicted to have steady growth over the forecast period for the involvement of new business models.

The superabsorbent polymers market in the MEA is predicted to have significant growth over the forecast period for the growing healthcare sector, and heavy investments in the commercial and residential construction sector in the UAE, Saudi Arabia, Oman, Kuwait, and Qatar.

Key Players

Eminent players profiled in the superabsorbent polymers market report include Yixing Danson Technology, Songwon Industrial Co. Ltd., Sumitomo Seika Chemicals Co. Ltd., SDP Global Co. Ltd., LG Chem Ltd., KAO Corporation, Formosa Plastics Corporation, SDP Global Co. Ltd., Evonik Industries AG, Nippon Shokubai Co. Ltd., and BASF SE.

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end-users, and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.


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