Medical Superabsorbent Polymers Market Report Overview
-
Request a Free Sample to learn more about this report
global medical superabsorbent polymers market size was USD 159.6 million in 2022 and market to touch USD 232.48 million by 2031 at CAGR 4.3%.
A special type of polymeric substance known as a medical superabsorbent polymer has the capacity to absorb and hold huge amounts of liquid solutions or water. And these are specifically utilized in the medical field for methodical wound treatment. They are composed of a three-dimensional cross-linked network of linear and/or branching hydrophilic polymers. And this is employed in items like baby diapers, sanitary napkins, and other items that require high absorption qualities. Superabsorbent polymers (SAP), commonly referred to as slush powder, are a form of water-absorbing polymer that has a high weight-to-volume water retention capacity. Depending on the particular material's ionic concentration, its capacity to hold water water-based solution. Because of their unique cross-linked structure, super absorbent polymers have a high affinity for liquid. They have significant employment in the personal hygiene and care industry.
COVID-19 Impact: COVID-19 Outbreak Had a Negative Influence On the Market Growth
The COVID-19 outbreak has had an influence on the majority of important markets throughout the world, and the market for super absorbent polymers is no exception. The largest market for super absorbent polymers is in Asia-Pacific, however because of the coronavirus outbreak and lockdown conditions in China, India, and Japan, both supply and demand for these materials have decreased. Due to COVID-19, target industry growth was delayed in both established and emerging nations around the globe by supply chain disruption, variations in the raw material supply, a lack of manpower in the production facility, and poor end-user demand. However, the COVID-19 situation is only slowly becoming better, and the majority of industries have already started operating at full capacity.
Latest Trends
"Growing Demand for Superabsorbent Polymer Leading Market Expansion"
Global demand for medical superabsorbent polymer has increased as a result of customers' growing desire for eco-friendly products and increased awareness of pollution and environmental damage. Today's procedures that people like will boost demand for extending health conditions, but a significant increase in demand for medical superabsorbent polymer is anticipated to drive the market's expansion in the following years.
Medical Superabsorbent Polymers Market Segmentation
-
Request a Free Sample to learn more about this report
- By Type Analysis
According to type, the market can be segmented into woven medical superabsorbent polymers, non-woven medical superabsorbent polymers, and medical superabsorbent polymers. woven medical superabsorbent polymers is anticipated to be the leading segment.
- By Application Analysis
Based on application, the market can be divided into gauzes, sponges, surgical tapes, wound dressings, and bandages. gauzes will be the dominating segment.
Driving Factors
"Rising Consumer Demand for the Production of Adult Incontinence Products, will Fuel the Market Growth"
By 2050, there will be 2.08 billion people worldwide in the age range of 00 to 14, according to The World Bank Group. The personal hygiene application sector dominates the market for highly absorbent polymers. Super absorbent polymers are used in sanitary napkins, adult incontinence products, and infant diapers for personal hygiene purposes. In this group, the infant nappy market makes the most use of ultra-absorbent polymers. Additionally, the use of super absorbent polymers is growing due to an ageing population and increased knowledge of the benefits and convenience of adult incontinence products. Governments from different nations are concentrating on producing incontinence goods through collaboration with manufacturers and medical experts since incidences of adult incontinence are on the rise. Government programmers boost the use of adult incontinence products in nations including the US, UK, Germany, and Australia.
"Increasing Demand for The Production for Feminine Hygiene Goods, And Disposable Baby Diapers Propel the Market Growth"
The market will be driven by rising sanitary napkin and diaper demand as well as rising consumer awareness of cleanliness and health. Infant nappy pants are becoming more and more popular, and their easy-to-use methods will help the industry expand. The market will rise as superabsorbent polymers are increasingly used in agriculture to retain water during irrigation.
Restraining Factors
"Declining Birth Rates and Low Fertility Rates in Developed Nations May Hamper the Market Growth"
Developed nations have a mature nappy market due to high levels of product penetration. Due to declining birth rates and low fertility rates, it is anticipated that demand for diapers in nations like the US and Japan would expand relatively slowly. Diaper sales in various nations have decreased as a result of this. The market for ultra-absorbent polymers is struggling to expand due to the drop in nappy sales.
Medical Superabsorbent Polymers Market Regional Insights
-
Request a Free Sample to learn more about this report
"North America Is Predicted to See the Quickest Growth Rate During Forecast Period"
Geographically, Asia Pacific dominates the market for super absorbent polymers due to rising demand from the agriculture and personal care sectors for end-use applications, particularly in India, China, and Japan of the region. In terms of revenue, the Asia Pacific region is expected to be dominated by the super absorbent polymers (SAP) market in China. The APAC region's rapid industrialization, a sizable agricultural sector, technological advancements, growing birth rates, and higher living standards are key drivers of the target market's expansion. Due to rising large investments by major market players and expanding use of super absorbent polymers in the region's medical sectors, North America is predicted to see the quickest growth rate. Increased demand for super absorbent polymers for personal hygiene applications, brought on by rising demand for hygiene products based on SAP in North America's U.S. and Canada, is credited with driving the expansion of the super absorbent polymers market in the area. Additionally, rising demand for construction and industrial applications is anticipated to propel the industry's expansion in North America. Over the projected year, it is expected that the Latin American industrial market would expand at a modest rate. A rising population and increased investment in Brazil's building industry are expected to make the country's industry market the most lucrative in the area.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- Advancis Medical (U.K.)
- Derma Sciences (U.S.)
- EBOS Healthcare (New Zealand)
- Emerging Technologies (U.S.)
- Johnson & Johnson (U.S.)
- Lohmann & Rauscher International (Germany)
- National Nonwovens Company (U.S.)
- Smith & Nephew (U.K.)
- Technical Absorbents (U.K.)
- Yixing Danson Technology (China)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 159.6 Million in 2022 |
Market Size Value By |
US$ 232.48 Million by 2031 |
Growth Rate |
CAGR of 4.3% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2022 |
Historical Data Available |
Yes |
Segments Covered |
Type and Application |
Regional Scope |
Global |
Frequently Asked Questions
-
What value is the medical superabsorbent polymers market expected to touch by 2031?
The global medical superabsorbent polymers market size is expected to reach USD 232.48 million by 2031.
-
What CAGR is the medical superabsorbent polymers market expected to exhibit by 2031?
The medical superabsorbent polymers market is expected to exhibit a CAGR of 4.3% by 2031.
-
What are the key players in the medical superabsorbent polymers market?
Advancis Medical, Derma Sciences, EBOS Healthcare, Emerging Technologies, Johnson & Johnson, Lohmann & Rauscher International, National Nonwovens Company, Smith & Nephew, Technical Absorbents, Yixing Danson Technology are the key players in the medical superabsorbent polymers market.
-
What are the key factors driving the medical superabsorbent polymers market?
The medical superabsorbent polymers market for super absorbent polymers is expanding as a result of rising consumer demand and rising hygiene awareness.
-
What is the leading region in the medical superabsorbent polymers market?
North America is the leading region in the medical superabsorbent polymers market.