January 19th, 2023
The global superabsorbent polymers market size is projected to experience dynamic expansion in the upcoming years owing to the increasing demand for sanitary napkins and diapers from the majority of the world population, highlights Fortune Business Insights™ in its report, titled “Superabsorbent polymers Market, 2022-2029”.
The superabsorbent polymers are mainly water absorbing polymers that can retain significant amount of water without being soluble. There has been an increasing demand for sanitary napkins and diapers from the consumers due to the rising awareness about health and hygiene as these diapers possess water absorbent properties because of the polymers that help protect against skin irritation. Thus, this is a vital factor contributing to the growth of this market. Further, the superabsorbent polymers help to keep the skin dry and prevent from spreading infections. This is another crucial factor responsible for the growth of this market.
However, the superabsorbent polymers are difficult to dispose, which is projected to hinder the growth of this market.
The COVID-19 pandemic has hugely impacted the chemicals and materials industry worldwide. This pandemic has disrupted the supply chains in the chemicals industry which has resulted in heavy loss of business, thus, affecting the demand for superabsorbent polymers across several regions of this market.
The report incorporates actionable insights into the regional prospects of the market and provides a comprehensive analysis of the market drivers and challenges. Further, the report also contains detailed bifurcation of key market players and careful study of their strategies and offers a granular evaluation of the different market segments.
North America region is anticipated to grow at a decent pace in this market owing to the increasing disposable income of the people and rising expenditure on health and hygiene of the people in this region.
Increasing Production and Distribution of Superabsorbent Polymers by Key Players to Feed Competition
The leading companies in the superabsorbent polymers market are focusing on the increasing production and distribution of these polymers owing to their wide usage in numerous industries worldwide. This has resulted in the increasing competition among key companies which will help them to widen their offerings and expand their business operations.
May 2018: Nippon Shokubai expanded its manufacturing capacity for superabsorbent polymer in its existing facility at Zwijndrecht, Netherlands. At present, the manufacturing capacity of the plant is 1000000 tons per year.
Information source: https://www.fortunebusinessinsights.com/superabsorbent-polymers-market-104602
List of Key Players Covered in the Superabsorbent Polymers Market Report:
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