Thursday, May 2, 2024

Email id: support@kenresearch.com, Contact Us : +91-9871552944

Home Metal Mining and Chemicals Chemicals Future Growth of Global Super Absorbent Polymer Market: Ken Research

Future Growth of Global Super Absorbent Polymer Market: Ken Research

Super absorbent polymers or SAPs are special type of polymers with excellent absorption properties. These polymers possess the cross-linked structure of polymer that avoids the dissolution. They are made from the acrylic acid and a cross-linker by a solution or suspension polymerization. These polymers are primarily used in the personal hygiene products. They can be natural or synthetic in nature that depends on their composition & availability of ingredients. Therefore, they are used in various products such as incontinence, nappies, children’s diapers, products and others where high absorption characteristics are required.

Recent Highlights in Global Super Absorbent Polymer (SAP) Market

  • In December 2017, LG Chemicals Ltd. announced to increase its production capacity of acrylic acid and super absorbent polymers by the end of 2019. For this, the company, invested US$ 300 Billion to increase the yield of super absorbent polymers from 100 KT to 500 KT per year
  • In October 2018, Nippon Shokubai expanded its superabsorbent polymers production capacity in its manufacturing facility at Zwijndrecht, Netherlands. This new plant has a capacity of 100,000 tons per year; it helped the company meet the increasing demand for SAP.super-absorbent-polymers-sap-market

Global Super Absorbent Polymer (SAP) Market: Key Players

  • BASF SE
  • Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.
  • Formosa Plastics Corporation
  • LG Chemicals Ltd.
  • SDP Global Co., Ltd
  • Songwon Industrial Co., Ltd.
  • Evonik Industries AG
  • KAO Corporation
  • Nippon Shokubai Co., Ltd.
  • Sumitomo Seika Chemicals Co. Ltd
  • Yixing Danson Technology
  • Sanyo Chemical Industries, Ltd.
  • Other Prominent Players

 Major industry players in the SAP market are focusing on expanding their super absorbent polymer manufacturing capabilities to take advantage of the growing global demand for super absorbent polymer products. Manufacturers are now focusing on expanding its business in emerging regions of the world. In addition, the increasingly fierce competition among major players is also an important factor, which causes that producers are spending aggressively in order to maintain market share.

Based on type, super absorbent polymer market can be segregated as Copolymers, Polyacrylate/Polyacrylamide, Sodium Polyacrylate and others. Sodium Polyacrylate segment dominates the market owing to growth in adoption in the commercial industries for instance agriculture, personal hygiene, construction, and packaging. In addition, based on application, market can be segregated as packaging, personal hygiene, industrial, oil & gas, healthcare, agriculture, construction and others.

The super absorbent polymer market is driven by rise in demand for fluff-less diapers, followed by increase in consumer awareness toward infant’s hygiene, rise in demand for sanitary items such as pads for women, growth of population, rise in popularity of diaper pants and increase in focus on effective management of irrigation water. However, difficulty in the disposal of non-biodegradable super absorbent polymers and volatile prices of raw materials may impact the market. Moreover, high growth potential of SAP-based personal hygiene products in developing economies and development of bio-based super absorbent polymers are leading opportunities for market.

Based on geography, the Asia-Pacific is a leading region in global super absorbent polymer market owing to ease of accessibility to raw material and inexpensive labor across the region. The North-America and Europe regions are likely to exhibit considerable growth rate due to rise in demand for the production of female hygiene products manufactured from SAP, increase in consumer base & growth in hygiene awareness and increase in investments in the development of bio-based superabsorbent polymers over the forecast period. It is predicted that future of the global super absorbent polymer market will be optimistic as a result of rise in demand for diapers and growth in global population during the forecast period.

Global Super Absorbent Polymer (SAP) market report also contains analysis on:

  • Super Absorbent Polymer (SAP) Market Segments:
  • By Type
    • Sodium Polyacrylate
    • Polyacrylate/Polyacrylamide
    • Copolymers
    • Others
  • By Application
    • Personal Hygiene
    • Agriculture
    • Healthcare
    • Industrial
    • Packaging
    • Construction
    • Oil & Gas
    • Others
  • Global Super Absorbent Polymer (SAP) Market Dynamics
  • Global Super Absorbent Polymer (SAP) market size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

For More Information on the Post, refer to below links: –

Global Super Absorbent Polymer Market

Related Report: –

Global Super Absorbent Polymer (SAP) Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

Support@kenresearch.com

+91-9015378249

RELATED ARTICLES

The Dynamics of the Coal Mining Market: Growth Drivers and Challenges

Introduction Coal mining serves as a cornerstone in fueling industries, generating electricity, and fostering economic growth worldwide. This article delves into various facets of the...

Opportunities in the Copper Mining Sector

Introduction: The copper mining market is witnessing a transformative phase characterized by growing demand, technological innovation, and sustainability initiatives. This article delves into key statistics...

A Comprehensive Analysis of the Gold Mining Sector, Market Players

Introduction The Gold Mining Industry stands as a beacon of wealth and opportunity, drawing investors and stakeholders from around the globe. In this in-depth exploration,...

Most Popular

The Dynamics of the Coal Mining Market: Growth Drivers and Challenges

Introduction Coal mining serves as a cornerstone in fueling industries, generating electricity, and fostering economic growth worldwide. This article delves into various facets of the...

A Market Research Report on the Cosmeceuticals Industry in India

The Indian beauty landscape is witnessing a fascinating shift. Consumers are no longer just seeking products that enhance appearance; they are actively seeking solutions...

The Dynamics of the Animal Health Market Insights and Outlook

Introduction The animal health market is a dynamic and evolving sector that plays a crucial role in ensuring the health and well-being of animals worldwide....

Market Share and Trends of the Global Primary Education Sector

In today's rapidly evolving world, education stands as a cornerstone for individual growth and societal progress. Primary education, in particular, lays the foundation for...