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Global Superabsorbent Polymers Market growing at high CAGR by 2025 | EVONIK Industries, BASF, Nippon Shokubai

04-26-2019 11:08 AM CET | Science & Education

Press release from: Superabsorbent Polymers Market

Global Superabsorbent Polymers Market growing at high CAGR

ResearchMoz include new market research report "Global Superabsorbent Polymers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024" to its huge collection of research reports.

Superabsorbent polymers (SAP) are polymer materials with water absorbing and retaining capacity. In the capacity of an absorbent, it is used in wide-ranging applications such as baby diapers, adult incontinence products, feminine hygiene, agriculture, mining, medical, and related applications.

The global superabsorbent polymers market is expected to reach an overall valuation of US$7.80 bn by the end of the mentioned forecast period of 2014-2020. This growth is expected to be achieved with the help of 5.1% CAGR during the course of the aforementioned forecast period.

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Scope of the Report:
The industry of superabsorbent polymers in North America is very concentrated. There are several players in North America, and the plants are located in USA. At present, the main manufacturers of superabsorbent polymers are BASF, EVONIK Industries, Nippon Shokubai, etc. EVONIK Industries is the USA production leader, holding about 50% share in 2015 in North America. The North America consumption of superabsorbent polymers increased from 562 KMT in 2011 to 630 KMT in 2015, at a CAGR of about 2.90%.

Superabsorbent polymers demonstrate high growth prospects within the industrial, environmental, and energy sectors. The major application fields are baby diapers, adult incontinence products, feminine hygiene, agriculture, mining, medical, etc. In 2015, the consumptions of baby diapers, adult incontinence products, and feminine hygiene occupied more than 90% of total market share. With the increasing of dispensable income and health awareness, the personal hygiene products will raise, as same time, the widen applications in other industries also improve the consumption of superabsorbent polymers. The demand for superabsorbent polymers is expected to increase during the remaining years of the forecast period of 2016-2022. Superabsorbent polymers industry will usher in a stable growth space.

This report focuses on the Superabsorbent Polymers in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
EVONIK Industries
BASF
Nippon Shokubai

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Market Segment by Type, covers
Starch-based SAP
Cellulose-based SAP
Acrylic Resin SAP

Market Segment by Applications, can be divided into
Baby Diaper
Adult Inconvenience Products
Feminine Hygiene
Others

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