SAN FRANCISCO, October 17, 2018
SAN FRANCISCO, October 17, 2018 /PRNewswire/ --
The global Super Absorbent Polymers Market is estimated to rise at a CAGR of 8.1% until 2022. The market is driven by rise in health awareness, rise in geriatric population, and increased scope of application across various verticals such as oil and gas, agriculture, water treatment, wires and cables, medical and packaging. Other factors attributing to the market growth include government initiatives to advance agricultural applications for drought areas. Rise in awareness in personal hygiene in adults adds to the market significance in the forthcoming period. Product segmentation for super absorbent polymers market includes poly acrylamide co-polymer, ethylene-maleic anhydride copolymer and polyvinyl alcohol copolymer. The segment is dominated by sodium polyacrylate and poly acrylamide copolymer to account for a higher market position in the segmental growth. Application segment for super absorbent polymers market include adult incontinence products, disposable diapers and feminine hygiene. Disposable diapers account for a significant market share in the forecast period accounting for a greater revenue share. Adult incontinence product will however witness stagnant growth in the forecast period owing to rise in female products with a stable growth chart.
Geographical segmentation for super absorbent polymers market includes North America, South America, Europe, Asia-Pacific, Middle East and Africa. Europe remains at a dominant position owing to rise in geriatric population and increase in disposable income. North America market is likely to witness a steady development. APAC regions are estimated to grow at a higher growth rate owing to rise in population coupled with rise in disposable income and consumer awareness pertaining to health and hygiene. The key players in the super absorbent polymers market include BASF SE, Nippon Shokubai Co. Ltd., Yixing Danson Technology, Kao Corporation, LG Chemicals Ltd., San-Dia Polymers, Evonik Industries AG, Sumitomo Seika Chemicals Co. Ltd., Formosa Plastics Corporation and Sanyo Chemicals Industries. The global market for super absorbent polymers (SAP) will grow at a CAGR of 8.1% by 2022. The report segments the market and forecasts its size, by volume and value, on the basis of product type (sodium polyacrylate, polyacrylamide copolymer, etc.), by application (baby diapers, feminine hygiene, adult inconvenience, agriculture, etc.), and by geography (North America, Europe, Asia-Pacific, MEA and South America).
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The report covers forecast and analysis for the super absorbent polymers market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the super absorbent polymers market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the super absorbent polymers market on a global level. The report has been prepared based on the synthesis, analysis, and interpretation of information about the global super absorbent polymers market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.
Demand for this market rises from the baby diapers, feminine hygiene, adult inconvenience, agriculture, and other applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global super absorbent polymers market.
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