VANCOUVER, B.C., Oct. 6, 2020
- The increasing demand for adult and baby diapers in developing economies, surging demand for female hygiene products due to growing hygiene awareness, and rising SAP consumption in agricultural methods are driving the demand for the market
- Market Size – USD 9.58 billion in 2019, Market Growth - CAGR of 7.5%, Market Trends –Increasing investments in the research & development of bio-based superabsorbent polymers
VANCOUVER, B.C., Oct. 6, 2020 /PRNewswire/ -- The Global Super Absorbent Polymers Market will be worth USD 16.53 Billion by 2027, according to a current analysis by Emergen Research. The growth of the market can be attributed to the surging demand from the manufacturers of baby diapers and the rising government initiatives to increase the applications of SAP in agricultural products for efficient management of irrigation water.
The growing geriatric population, coupled with the rising birth rate, is expected to boost the demand for adult and baby diapers, which will increase the usage of super absorbent polymers. The growing number of urinary incontinence cases among the geriatric population is expected to drive the product demand. The increasing focus of manufacturers on product innovation with cost benefits and more water retention capabilities is projected to drive the market growth in the forthcoming years. Increasing investments in R&D to develop bio-based SAP will boost growth opportunities in the future.
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Key Highlights From The Report
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Emergen Research has segmented the Global Super Absorbent Polymers Market on the basis of type, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
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