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Stratview Research has published a report on the Super Absorbent Polymers Market based on information acquired from reliable sources, qualitative and quantitative research by experts, and insights from industry veterans and key players across the value chain. The report provides a thorough analysis of present and upcoming market trends, market dynamics, factors affecting the industry, and growth strategies. This report also provides an in-depth analysis of the impact of the COVID-19 pandemic on the market.

Market Insights

The super absorbent polymers market was estimated at USD 10.38 billion in 2022 and is likely to grow at a CAGR of 5.82% during 2023-2028 to reach USD 14.61 billion in 2028.

What are super absorbent polymers?

Super absorbent polymers (SAPs) are a type of polymer material that has the ability to absorb and retain large amounts of liquid relative to their own weight. It is a cross-linked polymer, that contains sodium atoms.

These polymers are widely used in a variety of applications including personal hygiene products, agriculture, medical applications, construction materials, and more. SAPs, after reaching their capacity of absorption, swells and become a gel-like substance that can hold liquid without leaking or losing shape.

COVID-19 IMPACT

The super absorbent polymers (SAP) market was negatively impacted by the pandemic in the year 2020 owing to the lockdowns and decline in manufacturing efficiency due to labor shortage. However, there was an increased demand for medical and hygienic products like wipes and diapers which are made using Super Absorbent Polymers. These products experienced an increase in demand during the Covid period.

What you can find in this report –

The report has been compiled by using a variety of analytical methodologies and has analysed data on the key players, market scope, and much more. The researchers at Stratview Research have studied the growth of the top competitors in the Super Absorbent Polymers Market.

Key Features: The report covers the revenue, production rate, import/export, supply/demand, market share, CAGR, etc. Furthermore, the research provides in-depth information on current trends, growth drivers, and competition.

Market Dynamics

The super absorbent polymers market is driven by several factors including–

Rising awareness of personal hygiene and eco-friendly products– The rise in demand for disposable diapers, feminine hygiene products, adult incontinence products, etc. is one of the major factors behind the growth of the SAPs market. For instance, BASF SE– a leading chemical company has increased the application of super-absorbents like Hysorb and SAVIVA in incontinence products and baby diapers.

Growing need for advanced agricultural products– SAPs in agriculture are used to improve water retention in soil, unforeseen drought conditions, salination, overuse of synthetic fertilizers, improve crop yield, etc.

Food packaging– The use of SAPs in food products packaging is rapidly growing, since these materials can absorb and retain excess moisture, improving the shelf life of the products.

Regional Analysis: The present report throws light on the regional analysis of the Super Absorbent Polymers Market. The data given can be used to get an idea of trends, patterns, threats or challenges, and many such phenomena. On the basis of region, the report mentions that,

In terms of regions, Asia-Pacific is estimated to be the largest and fastest-growing market during the forecast period. India and China are the major countries with lucrative growth opportunities, owing to the growing population and awareness of personal hygiene in the region.

Linchpins in the Super Absorbent Polymers Market

After a thorough investigation of the market and its players, market experts have listed some key players in the report. Here is the list -

Nippon Shokubai

BASF SA

Evonik Industries

Sumitomo Corporation

LG Chem Ltd.

SDP Global Co., Ltd.

Formosa Plastics

Yixing Danson

Satellite Science & Technology Co., Ltd.

Kao Corporation.

Competitive Analysis:

Understanding the strategies of rivalry is critical and Stratview Research does this for its users. This report includes an analysis of the key competitors, the products/services, the differentiators, and market shares, etc.

Critical Questions Answered in the Report

l  What are the key trends in the Super Absorbent Polymers Market?

l  How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?

l  What is the impact of COVID-19 on the market?

l  What are the key strategies adopted by the major vendors to lead in the Super Absorbent Polymers Market?

l  What is the market share of the top vendors?

Customization of the Report:

This report can be customized to meet the user’s requirements. Stratview research offers custom research services across the sectors.

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