- Rising trend of stocking of essential goods owing to COVID-19 outbreak has resulted in remarkable demand avenues in the global superabsorbent polymers market from personal care and hygiene product companies.
- Asia Pacific is foreseen to be leading region in superabsorbent polymers market during the forecast period 2020–2030.
Transparency Market Research, New York: Superabsorbent polymers find application in various end-use industries. They are increasingly used in the manufacturing of hygiene products including sanitary products, adult incontinence products, and baby diapers. In addition to this, they are used in the production of sunscreen and beauty mask. Moreover, vendors in superabsorbent polymers market experience noteworthy demand opportunities from agriculture, medical and healthcare, packaging, and other industries.
Analysts at TMR highlight that vendors from the superabsorbent polymers market will experience remarkable demand avenues from personal hygiene, healthcare, and F&B applications as major population from all across the world are inclined toward making the stocks of vital goods due to COVID-19 outbreak.
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Key Findings of Superabsorbent Polymers Market Report
- The global superabsorbent polymers market is growing on the back of thriving personal care and hygiene sector
- The market for superabsorbent polymers is estimated to cross the value of worth ~US$ 15 Bn by2030
- Among all applications, hygienic segment is foreseen to show dominance in the global superabsorbent polymers market
- In relation to volume and value, sodium polyacrylate is a key segment
- Asia Pacific is one of the leading regions showing stupendous expansion potential in the superabsorbent polymers market
- The Asia Pacific superabsorbent polymers market will grow at substantial rate owing to due to swift economic growth in the region
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Superabsorbent Polymers Market: Key Driving Factors and Promising Avenues
- Superabsorbent polymers can absorb as well as retain water and aqueous solutions in large volumes. As a result, vendors from the superabsorbent polymers market are gaining noteworthy demand avenues from the manufacturers of sanitary napkins, adult incontinence pads, and baby diapers.
- Improved per capita income of major worldwide populace and growing awareness about the importance of hygiene in developing countries are some of the key reasons that will boost sales of the superabsorbent polymers market in the years ahead
- In recent period, there is rise in the use of superabsorbent polymer as water conservation tool in various large-scale agriculture and farming activities. This factor is fueling the growth of the superabsorbent polymers market.
- Growing trend of landscaping of golf courses and garden grass will stimulate considerable demand for superabsorbent polymers in the coming years.
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Superabsorbent Polymers Market: Competitive Assessment
The global superabsorbent polymers market experiences presence of gamut of well-established players. This scenario makes the competitive landscape of the market for superabsorbent polymers highly intense. Major players in this market are increasing efforts to strengthen their production capabilities by entering into collaboration and partnership agreements. This move is helping vendors to fulfill the rising demand for superabsorbent polymers owing to COVID-19 outbreak.
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Several enterprises in the global superabsorbent polymers market are investing in the research and development activities. Using this strategy, these companies are advancing the quality of their products. This aside, many players are announcing the plans of introducing new plants. All these activities strongly suggest that the global superabsorbent polymers market will expand at rapid pace in the upcoming years.
The list of important players working in the global superabsorbent polymers market includes Nippon Shokubai Co., Ltd, KAO Corporation, Evonik Industries AG, LG Chem Ltd., BASF SE, Sanyo Chemical Industries, and Sumitomo Seika Chemicals Co. Ltd.
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The Superabsorbent Polymers Market can be segmented as follows:
Resin
- Sodium Polyacrylate
- Potassium Polyacrylate
- Polyacrylate Copolymers
- Ethylene Maleic Anhydride Copolymers
- Polysaccharides
- Others (including Methyl Acrylates)
Application
- Hygienic
- Baby Diapers
- Adult Incontinence Products
- Sanitary Products
- Others (including Beauty Mask and Sunscreen)
- Non-hygienic
- Packaging
- Medical & Healthcare
- Agriculture
- Others (including Industrial)
Region
- North America
- S.
- Canada
- Europe
- Germany
- France
- Italy
- K.
- Spain
- Russia & CIS
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- South Africa
- GCC Countries
- Rest of Middle East & Africa
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