Market revenue in 2023 | USD 1,109.3 million |
Market revenue in 2030 | USD 1,812.3 million |
Growth rate | 7.3% (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 86.02% in 2023. Horizon Databook has segmented the U.S. super absorbent polymer market based on sodium polyacrylate, polyacrylate/polyacrylamide covering the revenue growth of each sub-segment from 2018 to 2030.
Key initiatives such as the Affordable Care Act (ACA) and Medicaid undertaken by the Government of the U.S. have enabled a large percentage of the population of the country to have access to effective and improved healthcare facilities and services.
This has fueled the demand for branded drugs, medical devices, and healthcare services in the U.S., thereby driving the consumption of super-absorbent polymer in the country for developing disposable medical connectors, syringes, depth filters, etc.
In addition, the constantly rising patient population in the U.S., in addition to the effects of the spread of COVID-19 at the community level in the country in 2020, is projected to lead to the increased demand for various plastic-based medical products such as syringes, gloves, adult diapers, and masks.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. super absorbent polymer market , including forecasts for subscribers. This country databook contains high-level insights into U.S. super absorbent polymer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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