(MENAFN- Ameliorate Digital Consultancy)
Superabsorbent polymers (SAPs) are materials that have the ability to absorb and hold large amounts of liquids. They are used in a wide range of applications, including agriculture, hygiene products, packaging, and construction. The global super absorbent polymers market is projected to grow significantly in the coming years, with increasing demand from various end-user industries.
Market Development
Over the last five years, the market for super absorbent polymers expanded steadily at a 3.5% CAGR, and in 2022, it is anticipated to reach a value of over US$ 6 billion.
A thorough research of the market reveals that by 2032, the global consumption of super absorbent polymers is expected to grow at a 4.9% CAGR and be worth US$9.7 billion.
The superabsorbent polymers market is expected to witness substantial growth in the next few years. The growing demand for hygiene products, such as disposable diapers, adult incontinence products, and feminine hygiene products, is one of the primary drivers of market growth. Additionally, the increasing demand for SAPs in agriculture, particularly in the cultivation of crops in arid regions, is also fueling market expansion.
For more insights into the Market, Request a Sample of this Report:
Key Takeaways from Market Study
By type, petroleum-based superabsorbent polymers are projected to provide an absolute $ opportunity worth US$ 3.47 Bn over the forecast period of 2022-2032). Based on grade, demand for standard grade superabsorbent polymers is projected to increase at a high CAGR of around 5.1%. On the basis of application, superabsorbent polymer consumption for the production of hygiene and personal care products is anticipated to expand 1.6X by 2032. North America is predicted to capture around 25% share of the global superabsorbent polymers market by 2032. The market in Europe is expected to provide an absolute dollar opportunity worth US$ 827 Mn by the end of 2032.
Key Drivers
The key drivers of the superabsorbent polymers market include the increasing demand for hygiene products in developing countries, rising awareness about the benefits of SAPs in agriculture, and the growing trend towards sustainable packaging. SAPs are also being increasingly used in the construction industry as an alternative to traditional materials, owing to their superior water retention properties.
Which Factors are Driving Demand and Supply of Super Absorbent Polymers?
Super absorbent polymers made of polysaccharides are hydrogels with high absorption capacities that can hold a lot of fluid compared to their weight. For instance, SAP-based materials are suitable for use in a variety of absorbent core goods since they can absorb water around 300–500 times their own weight. As a result, there is a significant need for water-absorbing polymers.
Additionally, the market for superabsorbent polymers has been highlighted as a potential hotspot for growth due to increased disposable income internationally, particularly in high-growth regions of Asia Pacific.
Moreover, a recent trend that is anticipated to acquire substantial traction over the next several years is the use of superabsorbent polymers for adult incontinence products.
The market for superabsorbent polymers is anticipated to reach US$ 9.7 billion by the end of 2032 as a result of the causes mentioned above.
Recent Trends
One of the recent trends in the superabsorbent polymers market is the development of biodegradable SAPs. These materials are expected to be increasingly used in sustainable packaging and hygiene products, and are seen as a more eco-friendly alternative to traditional materials. Another trend is the increasing use of SAPs in the production of medical devices and wound care products, owing to their superior absorption properties.
Get Customization on this Report for Specific Research Solutions:
Applications
Superabsorbent polymers have a wide range of applications across various industries. In hygiene products, SAPs are used in disposable diapers, adult incontinence products, feminine hygiene products, and other absorbent products. In agriculture, they are used to improve soil moisture retention and increase crop yields. In packaging, SAPs are used to protect products from moisture damage. Additionally, SAPs are used in the construction industry to improve the water retention properties of concrete.
The superabsorbent polymers market is witnessing rapid growth, driven by increasing demand from various end-user industries. The development of biodegradable SAPs and their increasing use in the production of medical devices and wound care products are some of the recent trends in the market. With their superior absorption properties and wide range of applications, SAPs are expected to play an increasingly important role in various industries in the coming years.
Check out more related studies published by Fact.MR Research:
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email:
Comments
No comment