Scienza e Tecnologia
Super Absorbent Polymers Market to Create Absolute $ Opportunity of US$ 3.2 Bn in Personal Care & Hygiene Industry. Super Absorbent Polymers Sales to Exceed US$ 9.7 Bn Amid Rising Awareness About Feminine Hygiene
Increasing application of super absorbent polymers in the production of hygiene and personal care products is likely to contribute to the growth in the market. In addition to this, growing awareness regarding feminine hygiene and demand for diapers globally is projected to propel demand for super absorbent polymers.
Super absorbent polymers are known to have high absorption capacity in drought conditions. They are also increasingly used in healthcare industry as SAPs are tested in saline solutions. This is likely to surge the application of super absorbent polymers in agricultural and healthcare sectors.
Further, super absorbent polymers are extensively used for soil stabilization and flocculation of suspended particles in industrial sector. This is estimated to bolster the growth in the market.
Growing demand for eco-friendly products, such as bio-based super absorbent polymers, to lower the impact on the environment is predicted to aid the demand in the market. Subsequently, SAPs are used to substitute petrochemical-based polymers, such as sodium polyacrylate and potassium polyacrylate, which are used in disposable diapers.
Backed by these aforementioned factors, the demand for super absorbent polymers is likely to create lucrative avenues for the growth in the market.
According to Fact.MR major players including BASE SE, Chase Corp, and Chemtex Speciality Limited are projected to account for nearly 35% of the market share.
Key players are focusing on strengthening their global footprint by advancing their product portfolio and improving their manufacturing processes. Furthermore, these companies are also adopting new approaches such as collaborations, partnerships, and acquisitions to strengthen their global presence.
For instance,
Fact.MR, in its report, offers a market analysis on the global super absorbent polymers market providing unbiased analysis for the forecast period of 2022 to 2032. This survey also reveals the growth of technology in the super absorbent polymers market with detailed segmentation as follows:
: The overall sales of polymer seals is expected to rise owing to the demand for protection of equipment from leakages, abrasion, and wear & tear used in various industries. Furthermore, rising use of air services is projected to propel the development of new airplanes, which, in turn, will boost the sales of polymers seals.
: Growing presence of healthcare facilities coupled with the demand for medical dressing materials, emergency bandages, surgical tapes, and bandages are projected to surge the sales of medical superabsorbent polymers. In addition to this, rising use of medical superabsorbent polymers in the production of personal care and hygiene products will further drive the market.
: Overall sales of polymer nanocomposites is increasing on the back of the soaring demand for lightweight automotive parts in the automotive sector. Also, the increasing application of polymer nanocomposites in semiconductor industry due to its compactness, lightweight structure, and electrical conductivity will aid in the expansion of the market.
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