Press release
Superabsorbent Polymers Market - Global Industry Size 2020
Increasing demand for baby diapers and adult diapers in emerging economies of Asia Pacific is likely to boost demand for superabsorbent polymers in the region over the next six years. Additionally, rising hygiene awareness among the ever-increasing population is estimated to boost demand for superabsorbent polymers in Asia Pacific.
View exclusive Global strategic Business report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2898
Superabsorbent polymers have a wide scope of applications not only in diaper and hygiene products industries but also in agriculture, medical and construction industries due to their high water absorbing and retaining property. Superabsorbent polymers are used in potting soil in the field of agriculture. They are used in the manufacture of medical dressings in the medical industry. Superabsorbent polymers are used in cable wires in the construction industry. However, volatility in prices of acrylic acid, a major raw material used in the manufacture of superabsorbent polymers, is projected to hamper market growth during the forecast period. Companies are now shifting towards bio-based materials due to environmental concerns. Superabsorbent polymers are now made form bio-based materials by using cellulose and starch, among others. This is likely to add to demand for bio-based superabsorbent polymers in the near future.
Demand for SAP is expected to be high in Asia Pacific due to growing end-use industries in countries such as China and India. Asia Pacific is anticipated to be the fastest growing market during the forecast period. Superabsorbent polymers are used on a large scale by the hygiene products industry in developed regions such as North America. North America is the largest market for superabsorbent polymers, followed by Europe. Europe accounted for more than 25% share of the global volume of superabsorbent polymers in 2013. Asia Pacific also accounted for approximately one fourth of the global superabsorbent polymers market in 2013. The SAP market in Asia Pacific is expected to be fastest growing, expanding at a CAGR of 5.4% between 2014 and 2020. Rest of the World, including the Middle East and Africa, is likely to be the second-fastest growing market for superabsorbent polymers during the forecast period.
Product segment of superabsorbent polymers is divided into three types: sodium polyacrylate, polyacrylamide copolymer and others including ethylene-maleic anhydride copolymer, polyvinyl alcohol copolymers, etc. All types of superabsorbent polymers are used in various applications such as sanitary napkins, training pants and diapers. Hence, demand for these polymers is high in the market. Polyacrylamide copolymer is estimated to be the fastest growing segment, due to its non-toxic nature and high water absorbing and retaining property. The others segment accounted for 12.6% of the global SAP market in 2013.
Application segments include baby diapers, adult incontinence products, feminine hygiene products and others. Among these, baby diaper is primarily expected to boost demand for superabsorbent polymers in the market. The baby diaper industry accounted for more than 74% share of the global superabsorbent market in 2013. Baby diaper is also anticipated to be the fastest growing segment in the near future. The market for adult incontinence products was the second largest, which accounted for 224.3 kilo tons in 2013. The others segment includes applications that serve agriculture, medical and construction industries, among others.
The superabsorbent polymers market is highly concentrated, with the top six players constituting more than 90% of the market share in 2013. Key manufacturers of superabsorbent polymers include Nippon Shokubai Co. Ltd, BASF, Bayer AG, Formosa Plastics Group, and Mitsubishi Chemical Holdings Corporation.
The report segments the global superabsorbent polymers (SAP) market as:
Superabsorbent Polymers (SAP) Market - Product Segment Analysis
Sodium polyacrylate
Polyacrylamide copolymer
Others (Ethylene-maleic anhydride copolymer, polyvinyl alcohol copolymers, etc.)
Superabsorbent Polymers (SAP) Market - Application Analysis
Baby diapers
Adult incontinence products
Feminine hygiene products
Others (Paper packaging, medical, agriculture, etc.)
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Superabsorbent Polymers Market - Global Industry Size 2020 here
News-ID: 404778 • Views: …
More Releases from Transparecny Market Research
HAZMAT Packaging Market Share, Trends, Growth, Forecast By 2027
The global HAZMAT Packaging Market is estimated to flourish at a CAGR of 5.8% from 2024 to 2027.
The overall HAZMAT Packaging industry delivers an in-depth systematic framework and competitive outlook of the HAZMAT Packaging Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market in the coming…
Push Pull Closures Market Will Generate New Growth Opportunities by 2027 with To …
The global Push Pull Closures Market is estimated to flourish at a CAGR of 4.8% from 2024 to 2027.
The overall Push Pull Closures industry delivers an in-depth systematic framework and competitive outlook of the Push Pull Closures Market from a worldwide perspective. The report starts with a summary of the market, chain structure, and the past as well as current market size. Also, the growth opportunities prevalent in the market…
PET Preform Machines Market Estimated to Touch USD 14.1 billion at a CAGR of 6.0 …
The global PET Preform Machines Market has been sailing through robust waters, witnessing a valuation of US$ 8.3 Bn 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 6.0% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$ 14.1…
Flexible Packaging Paper Market Share, Trends, Growth, Forecast By 2029
The global Flexible Packaging Paper Market has been sailing through robust waters, witnessing a valuation of US$ 47.5 Bn 2021. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 4.1% from 2023 to 2029. By the end of 2029, the industry is expected to anchor at an impressive US$ 65.2…
More Releases for Superabsorbent
Superabsorbent Polymers Market: Superabsorbent Polymers Command Overarching Popu …
The use of superabsorbent polymers (SAP) across high-utility areas is enabling leading manufacturers to achieve fruition in their revenue goals. The high absorption property of these polymers makes them a spectacular material for manufacturing adult and baby diapers. This is a point of relevance for companies looking to assess the competitiveness of the superabsorbent polymers market. A major share of the market is apportioned by applications involving water-retention and absorption.…
Superabsorbent Polymers Market growing at CAGR of 5%
Superabsorbent Polymers Market: Introduction
In terms of value, the global superabsorbent polymers market is anticipated to expand at a CAGR of 5% from 2020 to 2030 and cross US$ 15 Bn by 2030. Asia Pacific dominated the global superabsorbent polymers market in terms of volume in 2019. It is estimated to be the leading region of the global superabsorbent polymers market during the forecast period. The personal care & hygiene sector…
Superabsorbent Polymer Market share will expand till 2023
The volatility of raw material prices highly impact on the competitive landscape of the global superabsorbent polymer market. Leading producers, namely Nippon Shokubai Co. Ltd., Evonik Industries, Sumitomo Seika Chemicals Co. Ltd., LG Chem Ltd., Songwon Industrial Co. Ltd., and BASF SE have invested heavily in the production of raw materials used for these polymers in order to minimize their impact.
Looking forward, the emergence of bio-based superabsorbent polymers has presented…
Superabsorbent Polymers Market Research Report 2021
The report covers forecast and analysis for the Superabsorbent Polymers market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on volume and revenue (USD Million). The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available…
Global Superabsorbent Polymers (SAP) Market Research Report 2016
Report Summary
The Global Superabsorbent Polymers (SAP) 2016 Market Research Report is a professional and in-depth study on the current state of the Superabsorbent Polymers (SAP) industry.
Firstly, the report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Superabsorbent Polymers (SAP) market analysis is provided for the international market including development history, competitive landscape analysis, and major regions’ development status.
Secondly, development policies and plans…
Biodegradable Superabsorbent Materials Market $192mn by 2023
Global Biodegradable Superabsorbent Materials Market size was 54.8 kilo tons in 2015 as per the latest research report by Global Market Insights, Inc. Rise in consumer awareness towards adopting eco-friendly products due to health and environment concerns are trending factors to drive biodegradable superabsorbent materials market growth.
Biodegradable superabsorbent materials market size is set to be valued at USD 192.6 million by 2023. Rise in infant population growth accompanied by…
