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Showing posts with the label Super Absorbent Polymers Market Trend

Good Growth Opportunities in Super Absorbent Polymers Market Till 2022

The market is anticipated to expand at a CAGR of 5.8% during the forecast period. Growing product usage in various industries apart from hygiene and personal care sector is a major factor driving the market. The Global Super Absorbent Polymers Market size is expected to reach USD 11.03 billion by 2022, according to a new report by Grand View Research, Inc. Super absorbent polymers are used to absorb and retain fluid, thus they find major applications in the manufacturing of baby diapers. Declining product demand from the saturated regional markets such as North America and Europe may hinder industry growth. However, high demand in the emerging economies of Asia Pacific and Central & South America, due to rapidly expanding baby diaper market, would drive the industry over the coming years. Companies such as Unicharm Corp., SCA, and Procter & Gamble Home Products have started their production facilities and business operations in countries such as China and India. For ex...