Press release
Super Absorbent Polymers Market to Witness Increasing Revenue Growth During the Forecast Period
Rising Urbanization to Benefit Superabsorbent Polymers Market in Emerging EconomiesThe global superabsorbent polymers market is benefitting with the increasing applications of superabsorbent polymers (SAPs) due to their high absorbing capacity. SAPs display properties to absorb and hold large volumes of water and aqueous solutions which make them ideal for water absorbing products such as baby nappies and adult incontinence pads.
With product development, today, superabsorbent polymers are composed of partially neutralized, lightly cross-linked polyacrylic acid that are high in performance and are cost-effective from the first product introduced in 1970s. Owing to their chemical composition, SAPs can absorb liquid several times their weight. Due to several positive factors, the superabsorbent polymers market is likely to clock a CAGR of 4.6% between 2017 and 2025.
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Introduction of Bio-based Products to Open a Vista of Opportunities
Across several parts of the world, rising urbanization leading to the escalating demand for consumer products is benefitting the global superabsorbent polymers market. Over the past couple of decades, the demand for advanced quality SAP is on the rise that offer advanced absorbing capacities along with faster rate of absorption.
Among several applications, superabsorbent polymers find extensive application in personal care and hygiene products such as baby diapers and female hygiene products. Rise in birth rate, especially in developing and underdeveloped regions along with growing geriatric population are some key factors driving the superabsorbent polymers market. In addition, the widespread application of SAP for solidification of medical waste is likely to have a positive bearing on the demand for SAP.
Apart from this, superabsorbent polymers are essential component of sand bags that are useful during flooding. Sales of sand bags for flood situations is likely to stoke demand for superabsorbent polymers on a large scale.
Rising applications of SAP for water conservation in commercial crop production is anticipated to propel the demand for SAP in the coming years. In addition, rising use of SAP for landscaping of garden grass and golf courses is anticipated to favor the superabsorbent polymers market.
Furthermore, the development of bio-based superabsorbent polymers is likely to present unparalleled growth opportunities to the SAP market. Biodegradable SAPs are likely to overcome the shortcomings of synthetic SAPs such as long duration to decompose. Once commercialized, bio-based SAP is likely to provide high growth opportunities for manufacturers of superabsorbent polymers.
superabsorbent polymer market
Uncertainty of Availability of Raw Materials Challenges Growth
Providing headwinds to the superabsorbent polymers market is fluctuating prices and uncertainty in availability of raw material used in the manufacture of SAP. In addition, stringent regulations especially in developed countries for the use of synthetic materials for healthcare use is challenging the growth of superabsorbent polymers market.
Nevertheless, rising urbanization coupled with increase in GDP in emerging economies is likely to offer new opportunities for manufacturers of superabsorbent polymers.
The global superabsorbent polymer market is studied on the basis of product type, application, and region. Sodium polyacrylate, polyacrylamide copolymer, and others are the key segments into which the superabsorbent polymers market is divided. Of them, sodium polyacrylate is predicted to remain the most lucrative segment in the years ahead.
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Among the key application segments, disposable diapers is likely to dominate the market in the upcoming years. Adult incontinence products and agricultural products are also likely to account for significant application of SAPs in the future. Region-wise, North America and Europe are key markets for superabsorbent polymers due to widespread demand for baby diapers and feminine hygiene products.
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