Worldwide Medical Superabsorbent Polymers Industry – Market Trends and Drivers 2022
In recent years due to growing incidences of accidents, surgeries & chronic wounds along with rising awareness towards health & hygiene, the worldwide medical superabsorbent polymers industry has seen a major boost in its demand. . Medical superabsorbent polymers have a great ability to absorb and retain liquid solutions. Medical organizations utilize these polymers to solidify aqueous wastes for various purposes including environmental cleaning, construction, wire and cable, packaging, oil and gas, firefighting, dispose of hazardous waste, maintenance, and manufacturing usages. These polymers find important applications in the medical industry such as surgical pads, wound dressings and bandages due to its high water retention & absorbency properties to prevent infection, absorb exudates, and enhance the healing process.
DecisionDatabases.com adds this new report “Global Medical Superabsorbent Polymers Market Research Report- Industry Analysis, Size, Share, Growth, Trends and Forecast
” to its vast repository. According to the report, the increase in the global average disposable income has facilitated extensive usage of expensive medical facilities which has and will also contribute in the growth of the market over the coming years. Increasing application scope in the manufacturing of various surgical & medical products such as sponges, medical gauze, wound dressings and surgical drapes, and expanding wound care industry are anticipated to open new growth avenues in the next six years. Growing usage of these polymers in the production of diapers and various hygiene products will have a positive impact on the market penetration In the report, added by DecisionDatabases.com the market overview, market size, growth trends and future prospects are elaborately covered. The report incorporates the medical superabsorbent polymers market analysis on the basis of types, and applications. The report offers details about the drivers, restraints and growing opportunity in the industry.
The report has been segmented based on types of sodium polyacrylate, polyacrylamide copolymers, and others. Sodium polyacrylate is a leading type segment and is projected to witness a double-digit growth in the study period owing to its growing usage for various medical purposes across the globe. Furthermore, the market has been segmented based on applications into general, medical and others. The general application includes baby diapers, adult incontinence products, and feminine hygiene products, whereas medical application includes traditional wound care, advanced wound care and others (surgical pads, etc.). Others application segments comprise of agriculture, and waste water treatment. Baby diaper is the emerging general application segment and is expected to grow at a significant rate over the coming years due to rising disposable income, growing health & hygiene awareness and dynamic populace pyramids globally. Advanced wound care is a growing medical application segment and is projected to witness an outstanding growth over the forecast period on account of growing usage for major surgeries, pressure ulcers & wounds along with increasing preference over traditional wound care products, due to its effective healing process,
Asia-Pacific is the leading medical superabsorbent polymers market due to the rising consciousness about health & hygiene amongst consumer, high standards of living, and high purchasing power of the average population in the region. This region is expected to show highest CAGR under the study period.
Major industry players include BASF SE, Procter & Gamble Co, Formosa Plastics Co., L'Oreal, Unilever Plc., Sumitomo Seika Chemicals Co. Ltd., Colgate-Palmolive Company, Avon Products, Inc., LG Chem Ltd., Beiersdorf AG, Estee Lauder Companies, Inc., Evonik Industries AG, Johnson & Johnson, KAO Corp., Nippon Shokubai Co. Ltd., Archer Daniels Midland Company, Songwon Industrial Co. Ltd., Yixing Danson Technology, SDP Global Co., Ltd., and Sanyo Chemical Industries, Ltd.
In Nov 2014, BASF has invested USD 500 million in pioneering superabsorbent technology platform SAVIVATM to be launched at the end of 2016.
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