Super Absorbent Polymer Market Analysis, Key Players Investment Strategies and Forecast Report 2017-2021

Super Absorbent Polymer Market Overview:

Super absorbent polymer is a special class of polymer which possess hydrophilic networks that can retain and absorb huge volumes of aqueous solution or water. Earlier superabsorbent was made from chemically modified starch along with cellulose and other polymers like polyvinyl alcohol (PVA) and polyethylene oxide (PEO), all of them are hydrophilic in nature and possess high affinity for liquid. Super absorbent polymer have unique cross-linked structure due to which they become water swell able but not water soluble. They find wide application scope in numerous end use industries such as food packaging, personal care, agriculture, building & construction, and others.

As per our analysis, some of the important market factors and trends identified in the global super absorbent market include technological advancement, constant urbanization, and superior growth of agriculture sector. Increasing use in agricultural activities coupled with rising demand for high quality crop production is expected to drive the growth of the market over the assessment period. Furthermore, increase in the consumption as seed coating and root dipping material due to growing awareness among farmers related to the effects of superabsorbent soil polymers on crop yield is estimated to propel the growth of the market. Increasing construction activities in the emerging economies along with the continuous expansion of construction sector is anticipated to drive the demand for these polymers. Moreover, rising usage of personal care products such as diapers and adult incontinence products in the developed and developing regions is predicted to fuel the growth of the market.

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Market Trend Influence:

Data integration and capabilities are analyzed to support the findings and study the predicted geographical segmentations. Various key variables and regression models were considered to calculate the trajectory of Super absorbent polymer market. Detailed analysis is explained and given importance to with best working models.

Geographically, the segmentation is done into several key regions like North America, Middle East & Africa, Asia Pacific, Europe and Latin America. The production, consumption, revenue, shares in mill UDS, growth rate of Super absorbent polymer market during the forecast period of 2016 to 2023 is well explained.

The ongoing market trends of Super absorbent polymer market and the key factors impacting the growth prospects are elucidated. With increase in the trend, the factors affecting the trend are mentioned with perfect reasons. Top manufactures, price, revenue, market share are explained to give a depth of idea on the competitive side.

Each and every segment type and their sub types are well elaborated to give a better idea about this market during the forecast period of 2016 to 2023 respectively.

Regional Analysis:

The global super absorbent polymer market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is expected to grow with the highest CAGR during the assessment period, (2016 to 2023) owing to expansion of numerous end use industries such as building & construction and agriculture among others. The demand for super absorbent polymer is expected to surge in the various countries of Asia Pacific such as China, India, Japan, Thailand, South Korea, and Malaysia on account of approval of large scale residential, commercial, as well as industrial construction projects. Moreover, rising number of working professionals along with increasing disposable income in emerging nations is predicted to drive the market growth.

Europe emerged as the largest market for super absorbent followed by North America and Asia Pacific. North America is predicted to witness a significant growth in super absorbent polymer market due to rising awareness regarding the personal hygiene along with increasing consumption of personal care products. Countries of North America such as the U.S. and Canada are among the major contributors in the regional market growth and are expected to see a significant regional market growth due to continuous expansion of personal care sector. While in Europe, countries such as Russia, France, Italy, Germany, Spain, Poland, and U.K have emerged as prominent consumer markets due to developed end use industries and huge investment on R&D and innovation. Moreover, rising demand for packaged food among the working population is estimated to drive the market growth.

Key Players:

• NIPPON SHOKUBAI CO., LTD (Japan),
• SUMITOMO SEIKA CHEMICALS CO.,LTD. (Japan),
• Yixing Danson Technology (China),
• BASF SE (Germany),
• Formosa Plastics Corporation (Taiwan),
• Kao Corporation (Japan),
• Evonik Industries AG (Germany),
• LG Chem (South Korea),
• SONGWON (South Korea),
• Sanyo Chemical Industries, Ltd. (Japan).

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