Market revenue in 2023 | USD 186.0 million |
Market revenue in 2030 | USD 263.8 million |
Growth rate | 5.1% (CAGR from 2023 to 2030) |
Largest segment | Sodium polyacrylate |
Fastest growing segment | Sodium Polyacrylate |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Sodium Polyacrylate, Polyacrylate/Polyacrylamide |
Key market players worldwide | Basf SE, LG Chem, Formosa Plastics Group, Sanyo, Evonik Industries AG, Kao Corp, Nippon Shokubai Co Ltd, Sumitomo Corp |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to super absorbent polymer market will help companies and investors design strategic landscapes.
Sodium polyacrylate was the largest segment with a revenue share of 83.98% in 2023. Horizon Databook has segmented the Mexico super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Due to low ocean temperatures followed by fewer clouds, lesser rainfall, and higher evaporation rate across the Northeastern Mexico. Additionally, increased temperature conditions associated with human caused climatic changes have intensified evaporation, dry out soils, and increased drought conditions. Hence, the market has witnessed rise in demand for super absorbent polymers across the country owing to their improved and prolonged soil water retention capacity, reduced draught stress, and increased duration between irrigation events.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico super absorbent polymer market , including forecasts for subscribers. This country databook contains high-level insights into Mexico super absorbent polymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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