LAMEA Super Absorbent Polymer Market

LAMEA Super Absorbent Polymer Market Size, Share & Industry Trends Analysis Report By Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, and Others), By Application, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19334 Publication Date: December-2023 Number of Pages: 138
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Analysis of Market Size & Trends

The Latin America, Middle East and Africa Super Absorbent Polymer Market would witness market growth of 7.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 288.9 kilo tonnes, showcasing a growth of 7.5% (2023-2030).

Integrating sensors into SAPs is a cutting-edge innovation with potential applications in agriculture and healthcare. Sensor-embedded SAPs can provide real-time data on soil moisture levels in agriculture or monitor wound healing processes in medical applications. This technology offers a more proactive and precise approach to managing water resources and healthcare interventions. Hybrid SAPs, combining the advantages of traditional SAPs with other materials or additives, are gaining attention. For example, SAPs can be combined with antimicrobial agents in medical applications or incorporated into composite materials for enhanced strength and functionality. These hybrid formulations aim to address specific challenges and improve overall performance.

Additionally, the prevalence of chronic health conditions, leading to higher demand for medical products, contributes to the growth of SAPs in the healthcare sector. SAPs are used in wound care, surgical dressings, and other medical applications to manage fluids effectively. Patients with chronic health conditions, especially those requiring extended hospital stays or bedridden individuals, benefit from hygiene products incorporating SAPs. These pmoisture andmaintain skin integrity, manage moisture, and enhance overall hygiene. Chronic health conditions have increased demand for personal care products, including those used in home healthcare settings. SAPs contribute to the effectiveness of wound dressings, underpads, and bed liners.

In Saudi Arabia, where water scarcity is a significant concern, SAPs can be employed in soil conditioning to enhance water retention, improve crop yields, and promote sustainable agricultural practices. The demand for hygiene products, like diapers, sanitary napkins, and adult incontinence products, will likely drive the growth of SAPs in Saudi Arabia. In Saudi Arabia's construction sector, where there is substantial infrastructure development, SAPs can contribute to efficient water management and improved construction materials. The oil and gas industry in Saudi Arabia may contribute to the growth of SAPs, especially in applications related to wastewater treatment and the absorption of oil spills. Due to the above-mentioned factors, the market will grow significantly in this region.

The Brazil market dominated the LAMEA Super Absorbent Polymer Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $258.4 Million by 2030. The Argentina market is registering a CAGR of 7.8% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 7% during (2023 - 2030).

Based on Type, the market is segmented into Sodium Polyacrylate, Polyacrylate/Polyacrylamide, and Others. Based on Application, the market is segmented into Personal Hygiene, Agriculture, Industrial, Medical, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Super Absorbent Polymer Market will Hit $12.6 Billion by 2030, at a CAGR of 6.4%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include BASF SE, LG Chem Ltd. (LG Corporation), Formosa Plastics Group, Evonik Industries AG (RAG-Stiftung), Kao Corporation, Sanyo Chemical Industries, Ltd., Songwon Industrial Co., Ltd., Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Co. Ltd., and Chase Corporation.

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Sodium Polyacrylate
  • Polyacrylate/Polyacrylamide
  • Others

By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Personal Hygiene
  • Agriculture
  • Industrial
  • Medical
  • Others

By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • BASF SE
  • LG Chem Ltd. (LG Corporation)
  • Formosa Plastics Group
  • Evonik Industries AG (RAG-Stiftung)
  • Kao Corporation
  • Sanyo Chemical Industries, Ltd.
  • Songwon Industrial Co., Ltd.
  • Nippon Shokubai Co., Ltd.
  • Sumitomo Seika Chemicals Co. Ltd.
  • Chase Corporation
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