Key Findings
The North America super absorbent polymer (SAP) market is projected to record a CAGR of 6.13% in terms of revenue, and 6.01% in terms of volume, during the estimated period, 2019-2028. The region houses major manufacturers of wound dressings, whose growth and prospects are accredited to the increasing geriatric population, and subsequently, the rising incidence of chronic wounds. The increasing demand for wound dressings and adult incontinence products are a result of growing diabetes cases. Such factors are set to propel market growth.
Market Insights
The North America super absorbent polymer (SAP) market growth analysis entails the evaluation of Canada and the United States. The high proportion of refugee and immigrant populations in major cities has led to increased concerns about women’s health. Consequently, there is an increase in awareness regarding hygiene. The government initiatives, like the one wherein USD 95,000 was granted to support the United Way Period Promise Research Project, are set to be beneficial for market growth, along with increasing the usage of sanitary napkins in the country. The healthcare industry of the country is witnessing increasing demands, given the rising chronic diseases and aging population. The agriculture and agri-food system contribute largely to the GDP, through the provision of nutritious, safe, and sustainable food as well as providing job opportunities for the middle class. Such factors are estimated to raise the demand for super absorbent polymer (SAP) in the country, during the forecast period.
Competitive Insights
Some of the top players in the market include, Evonik Industries AG, Chemtex Speciality Ltd, Chase Corp, Basf SE, Songwon, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments