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According to analysis from Future Market Insights (FMI), the polymer water absorbent resin (SAP) market size is expected to grow at a CAGR of 4.8% from 2021 to 2031.
In recent years, the scale of chemical industry has grown significantly, and this trend will continue for some period to come. Due to the increasing application of polymer water absorbent resins in agriculture and other related fields, the total market value of SAP in 2021 reached 9.18 billion US dollars. At present, North America, Europe and East Asia are the main markets for polymer water absorbent resins. Among them, East Asia maintains a dominant position and is expected to account for more than 28.5% of the total market volume by 2031.
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