Superabsorbent Polymers Market is Expected to Rise at a Remarkable CAGR During 2015 to 2020
Zion Market Research has published a new report titled “Superabsorbent Polymers (Sodium Polyacrylate, Polyacrylamide Copolymer and Others) Market for Baby Diapers, Adult Incontinence Products, Feminine Hygiene Products and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast 2014 – 2020” According to the report, global demand for superabsorbent polymer was valued at USD 6.40 billion in 2014, is expected to reach cross USD 8.60 billion market in 2020, growing at a CAGR of slightly above 5% between 2015 and 2020. In terms of volume, the global superabsorbent polymer market stood at approximately 1,950.0 kilo tons in 2014.
The process of converting a monomer molecule together in a chemical reaction to form a polymer chain is called as polymerization. A superabsorbent polymer is a three-dimensional network form by chemical cross linking or physical cross linking of large number of molecules composed of certain repeating units. The superabsorbent polymer has capability to absorb a liquid. And this absorbency and capacity of polymer depends on degree of cross linking. The superabsorbent polymer products are mostly used in personal disposable hygiene products. It also used for blocking water absorption in underground power or communications cable, horticultural water retention agents. The first commercial use of SAP was in 1978 for the production of feminine napkins in Japan.
SAP can be classified on the basis of product type such as sodium polyacrylate, polyacrylamide copolymer and others. Sodium polyacrylate dominated the SAP market with around 60% share of the total volume of SAP consumed in 2014. Polyacrylamide copolymer was the second largest product segment of SAP in terms of volume. Baby diapers, adult incontinence products, feminine hygiene and others are the key application markets for the superabsorbent polymers. Baby diaper is the most dominant application market for superabsorbent polymers. It accounted for around two third shares of the total market in 2014. Adult incontinence products accounted for second largest application market for SAP in 2014. Adult incontinence products market for superabsorbent polymers is expected to be the fastest growing application market during the forecast period.
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The study of Superabsorbent Polymer market includes major companies operating in the Global are Nippon Shokubai Co. Ltd, BASF SE, Bayer AG, Formosa Plastics Group, LG Chem Ltd., Mitsubishi Chemical Holdings Corp., SDP Global Co. Ltd., SUMITOMO SEIKA CHEMICALS Co., Ltd., Evonik Industries AG and Sinopec Group.
This report segments the global market as follows:
Global Superabsorbent Polymers Market: Product Segment Analysis
- Sodium Polyacrylate
- Polyacrylamide Copolymer
Global Superabsorbent Polymers Market: Application Segment Analysis
- Baby Diapers
- Adult Incontinence Products
- Feminine Hygiene Products
- Others (Chemical Synthesis, etc.)
Global Superabsorbent Polymers Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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