Market revenue in 2023 | USD 121.6 million |
Market revenue in 2030 | USD 169.4 million |
Growth rate | 4.8% (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 83.96% in 2023. Horizon Databook has segmented the South Africa super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Healthcare remains a top priority for the government of South Africa. In South Africa, healthcare industry is expected to expand at a rapid rate over the coming years on account of innovation and technological advancements, which is expected to propel super absorbent polymer demand over the forecast period.
Moreover, the rising infant population in the Middle East & Africa (MEA) is a crucial factor in determining demand over the past few years. The super absorbent materials are yet to realize their potential in the agricultural sector and therefore it is expected to be a crucial segment in the region over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa super absorbent polymer market , including forecasts for subscribers. This country databook contains high-level insights into South Africa super absorbent polymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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