U.S (New York)–The Report Ocean has recently published a new report titled “Super Absorbent Polymer Market” 2023, which outlines the regional and global markets that are predicted to experience significant growth between 2023 and 2031. This extensive research delves deeply into the market’s ever-changing dynamics, value chain analysis, competitive landscapes, investment hotspots, geographical landscape, and significant segments, providing critical insights and valuable information for policymakers, stakeholders, investors, newcomers, and industry professionals. In addition, the report provides a comprehensive examination of the industry’s controls and restraints, as well as information on the global industry’s plans and opportunities. By utilizing this report, individuals in the industry can capitalize on emerging opportunities, develop key strategies, and gain a competitive edge over rivals.
Global Super Absorbent Polymer Market was valued at $6,174 million in 2015 and is expected to garner $8,551 million by 2022, registering a CAGR of 4.7% during the forecast period 2016 – 2022. Super absorbent polymers (SAPs), also known as slush powder, are physically or chemically cross-linked polymer gels exhibiting hydrophilic property. These are used for absorption and retention of large volumes of organic and inorganic fluids. Acrylic acid, its sodium or potassium salts, and acrylamide are the key raw materials used in the industrial production of SAPs. The primary application of SAP are baby diapers, adult incontinence products, and sanitary napkins. These have applications in the healthcare and agricultural sector, such as wound dressing, medical waste solidification, and seed coating.
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According to data from the U.S. Bureau of Economic Analysis and the U.S. Census Bureau, the goods and services deficit increased by $1.9 billion from $68.7 billion in January 2023 to $70.5 billion in February. The increase in the goods and services deficit in February was due to a $2.7 billion increase in the goods deficit to $93.0 billion and a $0.8 billion increase in the services surplus to $22.4 billion. Compared to the same period in 2022, the goods and services deficit has dropped this year by $35.5 billion, or 20.3%. $49.5 billion or 10.8% more was exported. 2.2% or $14.0 billion more was spent on imports.
The Asia-Pacific region is projected to dominate the global market, with China being the forerunner in manufacturing and utilizing SAPs. At present, increase in demand for fluff-less or thin diapers, surge in geriatric population in developed countries, and rise in focus on agriculture at global level drive the market. However, volatility in the prices of raw materials used for the production of SAPs is expected to hamper the growth and development of the market. On-going research & innovation on bio-based SAPs and government support to improve hygiene in the developing countries are expected to offer considerable opportunities for the market growth.
The global super absorbent polymer market is analyzed based on type, application, production method, and geography. Based on type, the market is divided into sodium polyacrylate, polyacrylamide copolymer, ethylene maleic anhydride copolymer, and others. The others segment includes cross-linked carboxymethylcellulose, polyvinyl alcohol copolymers, cross-linked polyethylene oxide, starch grafted copolymer of polyacrylonitrile (PAN), and more. The application areas of the market are broadly categorized into personal care, healthcare, agriculture & horticulture, and others. The others segment includes automotive, construction, packaging, entertainment, and industrial water application. Each of these are subsegmented into various application areas. The SAP market is also categorized in terms of production method, that is, suspension polymerization, solution polymerization, and gel polymerization.
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The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA. In 2015, the Asia-Pacific region accounted for the largest share in the global market, owing to the emergence of China as the leading consumer of SAPs. This region is expected to maintain its dominance during the forecast period.
Super Absorbent Polymer Market Key Benefits:
This report provides an extensive analysis of the current trends and emerging estimations & dynamics of the global super absorbent polymer market.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
Detailed analysis of the industry based on type, application, and end user help understand the trending SAP products as well as the potential variants.
Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
Extensive analysis of the market is conducted by following key product positioning and monitoring of top players within the market framework.
Major players profiled in this study are as follows:
BASF SE
Demi Co.,Ltd
Evonik Industries AG
Formosa Plastics Corporation
LG Chem Ltd.
Nippon Shokubai Co. Ltd.
San-Dia Polymers
Songwon Industrial Co. Ltd.
Sumitomo Seika Chemicals Co. Ltd.
Yixing Danson Technology
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OTHER KEY PLAYERS
Archer Daniels Midland Company (ADM)
Acuro Organics Ltd.
A.B. Enterprises
Chemtex Specialty Ltd.
Emerging Technologies Inc
KAO Corporation
Quanzhou Banglida Technology Industry Co., Ltd.
Shandong Nuoer Bio-Tech Co., Ltd.
Shanghai Huayi Acrylic Acid Co., Ltd.
Sikko Industries
Tangshan Boya Resin Co., Ltd.
Y&X Beijing International Trade Co., Ltd.
Zhejiang Satellite Petro-Chemical Co. Ltd.
Zhejiang Weilong Polymer Material Co., Ltd.
Jinan Haoyue Absorbent Materials Co., Ltd.
Super Absorbent Polymer Market Key Segments:
By Type
Synthetic
Sodium Polyacrylate
Polyacrylamide Copolymer
Ethylene Maleic Anhydride Copolymer
Others
Natural
Polyvinyl Alcohol
Polysaccharides
Polyitaconic Acid
Polypeptide
Others
By Application
Personal Care
Adult Incontinence Products
Sanitary Napkins
Baby Diapers
Nappy Pads
Urinary Bag
Healthcare
Wound Dressing
Medical Waste Solidification
Super absorbent Mat
Agriculture & Horticulture
Seed Coating
Root Dipping
Soil Broadcasting
Flower beds
Ornamental gardens
Others (Automotive, Construction, Packaging, Entertainment, and Industrial Water)
By Production Method
Suspension Polymerization
Solution Polymerization
Gel Polymerization
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By Geography
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Rest of the Europe
Asia-Pacific
China
Japan
India
Korea
Australia
Rest of the Asia-Pacific
LAMEA
UAE
Brazil
South Africa
KSA
Rest of LAMEA
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Key Benefits of This Market Research:
- Industry drivers, restraints, and possibilities included in the study
- Neutral point of view on the market performance
- Recent enterprise developments and developments
- Competitive panorama and techniques of key players
- Potential and area of interest segments and areas exhibiting promising increase covered
- Historical, current, and projected market size, in phrases of value
- In-depth evaluation of the Market
- Overview of the regional outlook of the Market
Reasons for Buying Acetonitrile Market Report:
- This report gives a forward-looking prospect of various factors driving or restraining market growth.
- It renders an in-depth analysis for changing competitive dynamics.
- It presents a detailed analysis of changing competition dynamics and puts you ahead of competitors.
- It gives a ten-year forecast evaluated on the basis of how the market is predicted to grow.
- It assists in making informed business decisions by performing a pin-point analysis of market segments and by having complete insights of the Market.
- This report helps the readers understand key product segments and their future.
- From 2022 to 2031, All Recent Developments have been covered in this Report.
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