Analysis of Super Absorbent Polymers Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8.90% During 2023-2035


Posted October 27, 2023 by researchnesture

Analysis of Super Absorbent Polymers Market Size by Research Nester Reveals the Market to Grow with a CAGR of ~8.90% During 2023-2035 and Attain ~USD 31.77 Billion by 2035

 
Research Nester assesses the growth and market size of the global super absorbent polymers market which is anticipated to be on account of the growing demand for personal hygiene products across the globe.
Research Nester’s recent market research analysis on “Super Absorbent Polymers Market: Global Demand Analysis & Opportunity Outlook 2035” delivers a detailed competitor’s analysis and a detailed overview of the global super absorbent polymers market in terms of market segmentation by type, application, and by region.
Growing Consumer Consciousness Regarding Personal Hygiene to Promote Global Market Share of Super Absorbent Polymers
The global super absorbent polymers market is estimated to grow majorly on account of the usage of super absorbent polymers in personal hygiene applications such as baby diapers, adult incontinence products, sanitary napkins, and others. Moreover, the rising geriatric population and increasing awareness regarding the advantages of super-absorbent polymers are anticipated to bring in lucrative growth opportunities for market size expansion during the forecast period. Furthermore, high investments are made in research and development activities for introducing renewable super absorbent polymers that would work as a sustainable option in the longer run. In addition to the other factors, the usage of super absorbent polymers in agricultural products for packaging purposes is anticipated to create a positive outlook for market growth.
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Some of the major growth factors and challenges that are associated with the growth of the global super absorbent polymers market are:
Growth Drivers:
• Surge in Production of Meat and Poultry Products
• Use in Multiple Industries
Challenges:
The rising concern for constant change in the prices of raw materials along with their non-disposable characteristics and stringent government rules regarding environmental protection are some of the major factors anticipated to hamper the global market size of super absorbent polymers.
By application, the global super absorbent polymers market is segmented into hygienic and non-hygienic. The hygienic segment is to garner the highest revenue by the end of 2035 by growing at a significant CAGR over the forecast period. The segment is further fragmented into sanitary products, baby diapers, adult incontinence products, and others. The growth of the segment is the rising need for hygiene products. Furthermore, the rising proportion of females going through menstruation propels the demand for sanitary napkins, pads, and tampons which increased the utilization rate of super absorbent polymers during the forecast period. On the other hand, the rising need for baby diapers and adult diapers is also expected to boost the segment growth.
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By region, the North American super absorbent polymers market is to generate the highest revenue by the end of 2035, on the back of increasing demand for female sanitary products, such as sanitary pads, tampons, menstrual cups, and others. Also, the United States is considered to have the largest poultry industry which also favors the usage of super absorbent polymers for packaging and transportation purposes. Other growth factors include the presence of major key players in the region and the hefty amounts of investments for introducing innovative and novel super absorbent polymers in the market.
This report also provides the existing competitive scenario of some of the key players of the global super absorbent polymers market which includes company profiling of Nippon Shokubai Co., Ltd., Evonik Industries AG, BASF SE, Kao Group, Sumito Seika Chemicals Company Limited, Sanyo Chemicals Industries, Ltd., LG Chem, Yixing Danson Technology Co., Zhejiang Weilong Polymer Material Co., Ltd., Sinofloc Chemical Ltd., and other key players.
Access our detailed report at: https://www.researchnester.com/reports/super-absorbent-polymers-market/4780
Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates, and executives to take wise decisions for their future marketing strategy, expansion, investment, etc. We believe every business can expand to its new horizon, provided the right guidance at the right time is available through strategic minds. Our out of box thinking helps our clients to take wise decisions to avoid future uncertainties.
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Last Updated October 27, 2023