Water-absorbent
Polymer Market
Water-absorbent Polymer Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Water-absorbent Polymer Market Size and Growth
The Water-absorbent Polymer market is witnessing robust growth, driven by increasing demand in agriculture, hygiene, and industrial applications. The market size is projected to reach approximately $8 billion by 2027, reflecting a compound annual growth rate (CAGR) of 5.3% due to growing environmental concerns and advancements in polymer technology.
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Companies Covered
(Covid 19 Impact Covered)
◍ Nippon Shokubhai
◍ BASF
◍ Evonik Industries
◍ Sumitomo Seika
◍ LG Chemical
◍ Sanyo Chemical
◍ Formosa Plastics Corporation
◍ Danson Technology
◍ Quanzhou BLD Science Technology
◍ Shandong Nuoer Bio-Tech
◍ Zhejiang Satellite Petro-chemical
◍ Weilong Polymer Material
The water-absorbent polymer market features key players like BASF and Nippon Shokubai, utilizing polymers for agriculture, hygiene products, and industrial applications. Companies innovate in product development, expanding usage across sectors, thus driving market growth. Selected company sales revenues include:
- BASF: €4.7 billion (2022)
- LG Chemicals: $23.3 billion (2022) Request Sample Report
Market Segmentation
By Application
Disposable Diapers
Feminine Hygiene Products
Agriculture Products
Others
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By Product
Powder
Liquid
Market Growth
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$ X Billion USD
