Super absorbent polymers (SAP) Growth Accelerated by Rising Disposable Incomes
Super absorbent polymers, also known as hydrogels, are artificially cross-linked polymer networks capable of absorbing and retaining significant amounts of water and aqueous fluids. They help keep consumers dry by absorbing moisture in baby diapers, adult incontinence pads and female hygiene products. With rising middle class segments and disposable incomes in emerging economies like India and China, demand for such personal care products is growing steadily. The global Super absorbent polymers Market is estimated to be valued at US$ 9.2 billion in 2023 and is expected to exhibit a CAGR of 6.0% over the forecast period 2024, as highlighted in a new report published by Coherent Market Insights. Market key trends: The growing demand for super absorbent polymers is primarily driven by the rising disposable income of the expanding middle class worldwide which is enabling greater access to personal hygiene products. Baby diapers remain a major end-use industry for superabsorbent polym...