Market revenue in 2023 | USD 239.2 million |
Market revenue in 2030 | USD 332.1 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 |
Sodium polyacrylate was the largest segment with a revenue share of 81.61% in 2023. Horizon Databook has segmented the Spain super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing use of super absorbent polymer as semipermeable membranes across the medical industry has propelled the demand for these polymers across the medical industry. Furthermore, increasing investments across the Spanish medical industry is anticipated to boost the growth of super absorbent polymer market across Spain.
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