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Super Absorbent Polymers Market Size – USD 9.58 billion in 2019, Market Growth - CAGR of 7.5%, Market Trends – Increasing investments in the research
VANCOUVER, BC, CANADA, December 29, 2021 /EINPresswire.com/ -- One of the report’s central components is the broad Super Absorbent Polymers Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Super Absorbent Polymers Market players.
The global Super Absorbent Polymers Market will be worth USD 16.53 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the surging demand from the manufacturers of the baby diapers and the growing government initiatives to increase the applications of SAP in the agricultural products for efficient management of irrigation water.
Read more@ https://www.emergenresearch.com/industry-report/super-absorbent-polymers-market
Competitive Landscape Evonik Industries AG, BASF SE, LG Chemicals Ltd., Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Company, Ltd, Formosa plastics Group, SDP Global Co., Ltd., Satellite Science and Technology Co., Ltd, Yixing Danson Technology, and Kao Corporation, among others.
The research provides answers to the following key questions: • What will be the growth rate and the market size of the Super Absorbent Polymers industry for the forecast period 2020-2027? • What are the major driving forces expected to impact the development of the Super Absorbent Polymers Market across different regions? • Who are the major driving forces expected to decide the fate of the Super Absorbent Polymers industry worldwide? • Who are the prominent market players making a mark in the Super Absorbent Polymers Market with their winning strategies? • Which Super Absorbent Polymers industry trends are likely to shape the future of the industry during the forecast period 2020-2027? • What are the key barriers and threats believed to hinder the development of the industry? • What are the future opportunities in the Super Absorbent Polymers market?
Key Highlights of Report • In April 2017, a new high-performance SAP ‘FAVOR max’ was launched by Evonik Industries AG in order to make the urinary continence products and baby & adult diapers even more reliable and absorbent. The new product was launched to expand its product portfolio among customers and to remain competitive in the professional market. • Sodium Polyacrylate held the largest market share of 44.6% in the year 2019 as it is widely utilized in the production of disposable adult and baby diapers, female hygiene products, and adult urinary incontinence products. • Personal Hygiene is forecasted to grow with the fastest CAGR of 7.7% over the forecast period due to the increasing demand for disposable baby diapers owing to the rising birth rate. The growing hygiene awareness has resulted in the increasing demand for female hygiene products. • The agriculture segment is anticipated to register significant growth over the forecast period as the super absorbent polymers are extensively used in horticulture, gardening, golf course, and forestry. Besides, the capabilities of water retention and absorption of the SAP has driven the product demand in the agricultural segment. • The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the rising urbanization coupled with growing disposable income and increasing birth-rate.
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Regional Landscape North America (U.S., Canada) Europe (U.K., Italy, Germany, France, Rest of EU) Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC) Latin America (Chile, Brazil, Argentina, Rest of Latin America) Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Market Taxonomy: • Type Outlook (Revenue, USD Billion; 2017-2027) o Polyacrylamide Copolymer/Polyacrylate o Sodium Polyacrylate o Polysaccharides o Ethylene Maleic Anhydride Copolymer o Others • Application Outlook (Revenue, USD Billion; 2017-2027) o Agriculture o Personal Hygiene (Sanitary napkins, Adult urinary incontinence products, Baby Diapers) o Industrial o Medical (Wound Dressing) o Others
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About Us: At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
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