Meticulous Research®, a leading global market research company, has published a report titled “Superabsorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylamide Copolymer), Formulation, Application (Personal Care & Hygiene, Medical, Construction), Sector (Agriculture, Packaging, Health & Wellness), and Geography – Global Forecast to 2031.” The report forecasts that the superabsorbent polymers (SAPs) market will reach $14.6 billion by 2031, with a CAGR of 6.1% from 2024 to 2031. This growth is driven by the rising demand for SAPs in personal care product manufacturing, their increasing adoption in agriculture for effective water management and enhanced crop yields, and growing awareness of hygiene and healthcare. However, challenges such as the non-biodegradable nature of SAPs and stringent regulations regarding their use and disposal may hinder market growth. Opportunities for significant expansion are presented by advancements in bio-based SAPs and their increasing applications in sectors like oil and gas and food packaging. The report also highlights a growing trend towards the use of superabsorbent polymers in smart packaging applications, while providing a comprehensive analysis of the market segmented by type, formulation, application, sector, and geography, as well as evaluating industry competitors at regional and country levels.
