30 likes | 48 Views
SUPERABSORBENT POLYMER MARKET FOR AGRICULTURE ABSORBS GROWTH WITH A NOTABLE 6.0% CAGR<br>
E N D
Superabsorbent Polymer Market for Agriculture Absorbs Growth With a Notable 6.0% CAGR The global superabsorbent polymer market is expected to witness robust growth, thanks to the growing demand for sanitary products, and disposable baby diapers. The market growth is expected to remain especially dominant in Asia Pacific, led by strong demand in China, and India. The large population in the region, and growing demand for diabetic care, hygienic products, and wound care will drive promising growth. According to TMR analysts, the global superabsorbent polymer market for agriculture stood at US$ 9,106.02 Mn in valuation in 2017. Moreover, the market will likely grow at a notable 6.0% CAGR during 2018-2026. Among region, North America will also drive robust growth in the market. The rising demand for potassium polyacrylate variety in seed germination for increasing yields in agriculture, and vast modernisation of large-scale agriculture in the region will drive a promising forecast in the region.
Reliable Performance Drives Sodium Polyacrylate Globally Apart from strong growth in the North America region, the sodium polyacrylate resin variety will also witness major growth globally. The resin variety is famous for its high- performance, and reliable nature. The high demand for hygienic products, and new segments like adult diapers will drive major growth in the region. Adult diapers have officially overtaken baby diaper products in countries like Japan, where the aging population continues to determine consumer trends. Moreover, the demand for products like adult incontinence pads will also remain high in North America region, where these are increasingly advertised in personal care aisles to remove stigma, and make them more acceptable in societies. The growing rise of chronic illnesses and new varieties in adult diapers will also promise new opportunities for growth in this segment. Bio-absorbers to Promise New Opportunities for Growth The rising pressure on limited agricultural land, amidst growing urbanization continues to drive demand for higher yields in agriculture. Moreover, the increasing demand for natural food products also adds new pressures on farmers, and food producers. This is expected to drive major growth for bio-absorbers, which can retain water known as slush powders. These are capable of absorbing large quantities of water, and provide additional nourishment to soil during farming. The additional nourishment results in better quality food supplies, and protection for crops from highly prevalent diseases. The technique has proved promising in non-arable geographies like dessert, wherein its growing use, and its promising delivery, promises new opportunities for growth for players in the superabsorbent polymer market for agriculture. TMR experts predict that the adoption of these superabsorbent will remain high during the forecast period. However, the high costs of these products will continue to present a barrier to growth. With increased competition, and economies of scale, players will be wise to invest in expansion of existing product lines to drive growth in the superabsorbent polymer market for agriculture. REQUEST FOR COVID19 IMPACT ANALYSIS – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19& rep_id=46173 About Us Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer
customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories. TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.” Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com