June 22, 2022 12:30 ET | Source: Transparency Market Research Transparency Market Research
Albany, New York, UNITED STATES
Wilmington, Delaware, United States, June 22, 2022 (GLOBE NEWSWIRE) -- A recent superabsorbent polymer market demand analysis highlights the growing trend of the utilization of the material in wide range of absorbent hygiene products. Massive use of superabsorbent polymers (SAPs) in baby diapers, adult incontinence products, and feminine hygiene products will account for largest revenue share in superabsorbent polymer market during the forecast period. The TMR study has found that the global market is projected to advance at CAGR of 5.8% during 2022–2031.
The demand for SAPs is proliferating among baby and adult hygiene products on the back of superb fluid retention ability of various types of resins. Extensive R&D has helped improve the design characteristics and modify the properties to enable companies to explore new revenue streams. This will continue to increase the market share for superabsorbent polymer especially in baby diapers and adult incontinence products.
The past few years has witnessed emerging revenue potential in the use of SAPs in the agriculture industry. They have been especially useful for the utilization of water in agriculture, essentially by promoting water use efficiency of soil. Superabsorbent polymers have gathered traction among personal hygiene product manufacturers and customers, as the absorbent products are vital for improving the quality of life of the user.
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Key Findings of Superabsorbent Polymer Market Study
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Superabsorbent Polymer Market: Key Drivers
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Superabsorbent Polymer Market: Regional Growth Dynamics
Superabsorbent Polymer Market: Key Players
Some of the key players in the superabsorbent polymer market are Zappa Stewart, Acuro Organics Ltd., KAO Corporation, Formosa Plastics Corporation, SNF Holding Company, Sumitomo Seika Chemicals Co. Ltd., Evonik Industries AG, Nippon Shokubai Co. Ltd., and BASF SE.
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