-- Superabsorbent Polymers Market Overview:
The global superabsorbent polymers market is projected to expand significantly at a healthy CAGR during the assessment period (2018-2022). Super absorbent polymers (SAP) simply put are materials having superlative absorbing power that is primarily used for making disposable personal care products. Depending on its composition, it can be either natural or synthetic. Along with personal care products, its other applications include horticulture, agriculture, healthcare and others, where others comprise of industrial water, entertainment, packaging, construction and more.
There are many factors that is driving the growth of the superabsorbent polymers market. Some of these factors as per the Market Research Future (MRFR) report include increase in adult population in developed nations, rising focus of nations on different agricultural activities, trend for compact diapers, constant innovation, government activities to maintain cleanliness through promotion of disposable personal care products, growing geriatric population, increasing use of SAP in medical waste solidification, increasing use of SAP in absorbent pads and artificial snow, diseases occurring from poor hygiene such as gastroenteritis, scabies, hepatitis A and pneumonia resulting in the increased use of adult contingence and diapers, higher focus on healthcare, different awareness programs concerning hygiene organized via non-profitable organizations, higher spending power and rising literacy. On the other hand, factors such as declining demand of products from saturated regional markets and fluctuations in the price of crude oil is likely to hamper the growth of the superabsorbent polymers market.
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Superabsorbent Polymers Market Key Players:
Leading players profiled in the superabsorbent polymers market include Songwon Industrial Co., Ltd. (South Korea), Sumitomo Seika Chemicals Co., Ltd. (Japan), 3M Company (U.S.), SDP Global Co., Ltd. (Japan), LG Chem Ltd. (South Korea), Formosa Plastics Corporation (Taiwan), Kao Corporation (Japan), NIPPON SHOKUBAI CO., LTD. (Japan), Evonik Industries AG (Germany), and BASF SE (Germany).
July 2018- Scientists at IIT Madras, from Department of Chemistry have introduced a super absorbent polymer that is biodegradable in nature using chitosan (a form of sugar that is extracted from the seafood waste), urea and citric acid. This eco-friendly diaper has the capacity of absorbing about 1250 gm water for every gram of polymer.
Superabsorbent Polymers Market Segmentation:
Market Research Future report offers an all-inclusive segmental analysis of the superabsorbent polymers market on the basis of sources and application.
Based on sources, it is segmented into Polyacrylamide copolymer, sodium polyacrylate and others. Of these, the sodium polyacrylate segment will have the maximum share in the superabsorbent polymers market during the assessment period.
Based on application, the superabsorbent polymers market is segmented into mining and petroleum, industry, agriculture, healthcare and personal care and others. Of these, the healthcare and personal care segment will have the maximum share in the market owing to the increasing use of disposable diapers.
Superabsorbent Polymers Market Regional Analysis:
Based on region, the superabsorbent polymers market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, the APAC region is anticipated to have the largest share in the market during the assessment period led by China owing to the growth of emerging economies, economical material utilized for the production process and cheap labor cost in this region. The US will remain the key producer of super absorbent polymers, China will be the largest consumer of SAP due to increasing need for super absorbent polymer from increasing number of end-user industries. The superabsorbent polymers market in Europe will have the second largest share reaching over USD 2.5 Billion in terms of revenue by the end of 2020.
Superabsorbent Polymers Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Superabsorbent Polymers Market
Superabsorbent Polymers Market Table of Content to be Continue……,
Superabsorbent Polymers Market List of Tables:
Table 1 World Population By Major Regions (2015 To 2030) (Million)
Table 2 Global Superabsorbent Polymers Market: By Region, 2014-2022 (USD Million)
Table 3 North America Superabsorbent Polymers Market: By Country, 2014-2022 (USD Million)
Table 4 Europe Superabsorbent Polymers Market: By Country, 2014-2022 (USD Million)
Table 5 Asia-Pacific Superabsorbent Polymers Market: By Country, 2014-2022 (USD Million)
Superabsorbent Polymers Market List of Table to be Continue……,
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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Website: https://www.marketresearchfuture.com/reports/superabsorbent-polymers-market-1956
Release ID: 88918530
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