MarkNtel Advisors recently published a detailed industry analysis of the Super Absorbent Polymer Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Super Absorbent Polymer Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2026
The Super Absorbent Polymer Market is projected to grow at a CAGR of around 5% during the forecast period, i.e., 2021-26.
Key Findings in Super Absorbent Polymer Market:
- Historical Analysis: 2016–2019
- Base Year: 2020
- Forecast Period: 2021–2026
Leading Market Players- Nippon Shokubai Co., Ltd, Evonik Industries AG, BASF SE., Kao Corporation, Sumitomo Seika Chemicals Co. Ltd., Sanyo Chemicals Industries, Ltd., LG Chemicals Ltd, Yixing Danson Technology, Zhejiang Weilong Polymer Material Co., Ltd
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the Super Absorbent Polymer industry?
Mounting Demand for Personal Care & Hygiene Products- The swiftly increasing demand for personal care & hygiene products like sanitary napkins, diapers, cosmetics & skincare products, etc., by a voluminous population, is anticipated to create substantial growth opportunities for the Global Super Absorbent Polymer Market during 2021-26.
Since these polymers retain a massive amount of water, they are witnessing an extensive application worldwide. Hence, the leading market players are developing new products & bringing innovations in their product offerings, which, in turn, would further boost the global market in the years to come.
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What segments define the Global Super Absorbent Polymer Market from 2021 to 2026? How do these segments contribute to market dynamics and growth?
By Product Type
- Sodium Polyacrylate
- Polyacrylate/Polyacrylamide
- Copolymers
According to report, Of all product types, Sodium Polyacrylate is projected to dominate the Global Super Absorbent Polymer Market with the largest share during 2021-26.
By Material Type
- Synthetic
- Neutral
By Application
- Personal Hygiene
- Agriculture
- Healthcare
- Others (Packaging industries)
According to report, Here, the Agriculture sector is projected to dominate the global market with the largest share during the forecast period.
Explore the Complete Super Absorbent Polymer Market Analysis Report – https://www.marknteladvisors.com/research-library/super-absorbent-polymers-market.html
Geographical Analysis: Global Super Absorbent Polymer Market
By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Super Absorbent Polymer Industry Recent Development:
- In July 2021, Nippon Shokubai Co. announced receiving biomass certification from the International Sustainability & Carbon Certification (ISCC) for their super absorbent polymers. The company intends to reach its carbon neutrality target by 2050.
- The same year, in March, BASF announced to expand its super absorbent polymer business by developing a Superabsorbents Excellence Center, projected to locate at Verbund site in Antwerp, Belgium. The leader is entirely devoted to bringing hygiene as a vital part of its acrylic value chain.
- In August 2018, the leader showcased its Malaysia-based joint venture between BASF & Petroleum Nasional Berhad (PETRONAS), with a plan to expand their acrylic acid & butyl acrylate plant capacities at its Verbund site in Kuantan, Malaysia.
- In December 2017, LG Chemicals Ltd. invested a substantial amount in expanding its acrylic acid & superabsorbent polymer production capabilities in the Southwestern city of Yeosu, South Korea.
- In May 2017, Sumitomo Seika Chemicals Co. set up its production facilities for superabsorbent polymers in South Korea in line with its aim to increase its scalability across Asia-Pacific in the coming years.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the Super Absorbent Polymer Market?
- How is the Super Absorbent Polymer Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 5 diverse industrial verticals.
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