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Europe Superabsorbent Polymers Market Latest Trends, Rising Demand and Applications 2021-2031

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3/22/2022

Europe Superabsorbent Polymers Market Latest Trends, Rising Demand and Applications 2021-2031

Europe Superabsorbent Polymers Market: Introduction

Transparency Market Research delivers key insights on the superabsorbent polymers market in Europe. In terms of revenue, the superabsorbent polymers market in Europe is estimated to expand at a CAGR of 5.6% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the superabsorbent polymers market in Europe.

The superabsorbent polymers market in Europe is broadly affected by several factors, including rise in usage of superabsorbent polymers in hygienic products, and packaging, medical, and agriculture and construction industries.

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Europe Superabsorbent Polymers Market: Dynamics

The rise in demand for baby diapers, sanitary products, and adult incontinence products made from superabsorbent polymers is expected to the drive the superabsorbent polymers market in Europe in the near future. Hygienic and non-hygienic segments such as packaging, medical & healthcare, agriculture, construction, and others (including industrial) are major contributors to the market size of superabsorbent polymers.

The demand for superabsorbent polymers in Europe has been rising significantly over the past few years, owing to the considerable demand for hygiene products, such as baby diapers and adult incontinence products, in the region. This trend is estimated to continue throughout the forecast period.

Residential construction has been increasing significantly since the past few years in Europe, owing to the rise in disposable income of consumers, changing lifestyle, growth in demand for single-family homes and ease of financing.

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Europe Superabsorbent Polymers Market: Prominent Regions

The superabsorbent polymers market in Europe can be segmented into Germany, France, Italy, the U.K., Spain, Russia, CIS, Poland, Hungary, Romania, and Rest of Europe. Germany dominated the superabsorbent polymers market in Europe in 2020. It is expected to maintain its dominance during the forecast period. Increase in population, rapid urbanization, and rise in usage of personal care and hygiene products in Germany are anticipated to play a crucial role in the expansion of the superabsorbent polymers market in Europe.

Europe Superabsorbent Polymers Market: Key Players

The superabsorbent polymers market is fragmented with the presence of a large number of players. Key players operating in the superabsorbent polymers market in Europe are BASF SE, Evonik Industries AG, LG Chem Ltd, Sumitomo Seika Chemicals Co., Ltd, KAO Corporation, SNF, Formosa Plastic Corporation, Songwon, and Nippon Shokubai Co.,Ltd.

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