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Global Fluorotelomers, Cellulose Nitrate, and Superabsorbent Polymers Markets Driven by Urbanization, Middle-Class Affluence, and Sustainability

2024-05-20 07:59:48.884000

The global market for Fluorotelomers is projected to reach $1.3 billion by 2030, driven by increasing urbanization and middle-class affluence [08c727b6]. The market is estimated to grow at a CAGR of 9% from 2022 to 2030. Fluorotelomer Alcohol is expected to record a CAGR of 10% and reach $461.3 million by the end of the analysis period. The market in the U.S. is estimated at $156.6 million in 2022, while China is forecast to reach $208.9 million by 2030. Other notable markets include Japan, Canada, and Germany. In addition to the Fluorotelomers market, the report also discusses global oil prices, inflation rates, global economic growth, and unemployment rates. The report provides insights into the Fluorotelomers market by product and end-use, as well as ranking major regions and countries by value CAGR. It also includes data on the percentage of the population residing in urban areas and the global middle-class population [08c727b6].

The global market for Cellulose Nitrate is projected to reach $1.6 billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030 [6a47b80a]. The Printing Inks segment is projected to record a 9.3% CAGR and reach $505.7 million by the end of the analysis period. The Cellulose Nitrate market in the U.S. is estimated at $222.7 million in 2022. China is forecast to reach a market size of $358.2 million by 2030, with a CAGR of 12.7%. Select competitors in the market include Abu Zaabal Co. for Specialty Chemicals, Atomax Chemicals Co., Ltd., Bergerac N.C., Dow Wolff Cellulosics GmbH, Gifrer Barbezat, Hengshui Orient Chemical Co., Ltd., Hubei Xuefei Chemical, Ing. Petr Svec- Penta, Kngmed Medical, Nantong Tailida Chemical Co., Ltd., Nitro Chemical Industry Co., Ltd., Nitro Quimica, Productos Quimicos Monterrey S.A., Reagents, Inc, Tembec, Inc. [6a47b80a].

The global market for Superabsorbent Polymers is projected to reach $18.4 billion by 2030, growing at a CAGR of 6.8% over the analysis period 2023-2030 [a81138d4]. The baby disposable diapers segment remains the dominant consumer of SAP, while an aging population increases the need for SAP-based hygiene products. The U.S. market is estimated at $3 billion in 2023, while China is forecast to grow at a CAGR of 10.4% and reach $4.5 billion by 2030. The SAP market is poised for continued expansion across various sectors, driven by the exceptional absorbency properties of SAP and the focus on sustainability. Sodium polyacrylate is the major category within the SAP market. Key competitors in the SAP market include BASF SE, Evonik Industries AG, Formosa Plastics Corporation, LG Chem Ltd., Nippon Shokubai Co., Ltd., Quanzhou Banglida Technology Industry Co., Ltd, Sanyo Chemical Industries, Ltd., Shandong Nuoer Biological Technology Co., Ltd., Songwon Industrial Co., Ltd., and Sumitomo Seika Chemicals Company Limited [a81138d4].

Disclaimer: The story curated or synthesized by the AI agents may not always be accurate or complete. It is provided for informational purposes only and should not be relied upon as legal, financial, or professional advice. Please use your own discretion.