The Super Absorbent Polymer Market was valued at $8.19 Billion in 2018 and is forecast to grow at a modest 6.9 % CAGR between 2018 and 2025, culminating in 2026 global sales of $12.3 Billion.
The Super Absorbent Polymer is a type of polymer that contains hydrophilic networks which can hold and absorb a large volume of water & solutions. It has a unique cross-linked structure that helps water-swellable but not water-soluble.
The Super Absorbent Polymer market is propelled by the rising demand from disposable baby diapers, adult diapers, etc. Therefore, the demand for the Super Absorbent Polymer market is anticipated to rise, as the birth rates and aging population is increasing.
According to the survey, factors affecting the demand super absorbent polymers market are technological advancement, constant urbanization, and superior growth of the agriculture sector.
However, when swallowed by children, endoscopic removal may be necessary. There is a risk of the transfer of radicals into the food chains. If it is used in agriculture, there is a sensitivity to saline activity in irrigation water which limits its application in arid agricultural land; poor reversibility water retention decreases with repetitive absorptions and depends on the % of soluble polymers.
“Optimal Price Point (OPP) for Global Super Absorbent Polymer”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On average, in Global Super Absorbent Polymer are available at USD xxx- USD xxxx. However, high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of the latest products.
Global Super Absorbent Polymer Market by “Application Categories”
We have segmented the Global Super Absorbent Polymer-based on Application Categories as Female Hygiene Products, Baby Diapers, Agriculture, and Adult Incontinence Products.
We have observed the rapid growth of Super Absorbent Polymer followed by the baby diaper segment has the largest market share in 2018 and is expected to propel the market growth over the forecast period. As the birth rate & geriatric rate is increasing so the demand for baby diapers & adult diapers are further propelling the growth of the superabsorbent polymers market.
We also observed the significant growth of Super Absorbent Polymer followed by others Segment with a strong CAGR of 7.2% in the forecast period. Due to the high quality of superabsorbent polymer, it is used as an essential component for hygienic and personal care products. The personal care industry is in the boom as consumers are conscious about personal hygiene resulting in more market demand of super absorbent polymers.
North America and Asia Pacific accounted for the maximum revenue share of over xx% in 2018 due to increased demand for Global Super Absorbent Polymer followed by EU- Top 5 countries contribute $X.5 Billion in 2018 and expected to reach $x.7 Billion by 2026.
The Asia Pacific is having the largest market share of 38.8.21% in the global market in 2018. The market demand for baby diapers and adult diapers is increasing due to its high water absorption & retention capacity properties.
The North America region led the market and accounted for the second-largest share, due to the rapid increase in demand from various segments, especially baby diapers, female hygiene products, and adult incontinence products.
“Competitive Landscape” and “Merger & Acquisition Insights”
The key market participants are BASF SE, Nippon Shokubai Co. Ltd., Formosa Plastics Corporation, LG Chemical Ltd., Sumitomo Seika Chemicals Co. Ltd., SDP Global Co., Ltd., Songwon Industrial Co., Ltd., KAO Corporation, Evonik Industries AG, and Yixing Danson Technology are few major players in Global Super Absorbent Polymer markets. The Global Super Absorbent Polymer market is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation & new product development are major focus areas for dominant companies.
Global Super Absorbent Polymer Market by Application Categories (Revenue, Million, 2018 – 2026)
- Female Hygiene Products
- Baby Diapers
- Adult Incontinence Products
Global Super Absorbent Polymer Market Regional Outlook (Revenue, USD Million, 2018-2026)
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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