Global Super Absorbent Polymers (SAP) Market
The global super absorbent polymers market is estimated at XX kilo metric tons in 2016 and is likely to reach XX kilo metric tons by 2021, at an estimated CAGR of XX%, over the forecast period, (2016-2021). Superabsorbent polymers (SAPs) are materials that possess the ability to absorb and retain large volumes of liquid or aqueous solutions. This makes them ideal for use in water absorbing applications such as baby nappies, adult incontinence pads, absorbent medical dressings, and controlled release drugs. Product segments in this industry are majorly three include acrylic acid based, polyacrylamide copolymer, and others. These polymers are commonly available in granular, solid or powder and cross-linked forms.
Expansions and new investments for SAP plants in the recent past indicate that the industry is on its way to expand globally and consequently, global SAP suppliers are strengthening their presence in emerging markets. Along with these factors, the growing diaper industry will also continue to drive the demand for SAP. However, the SAP industry must overcome challenges, such as the availability and price volatility of raw materials and changing health regulations, to meet the increasing demand from the growing diaper industry.
This report contains information on analysis of the market segmented by product type (polyacrylamide, acrylic acid based and others), by application (baby diapers, adult incontinence products, sanitary napkins, agriculture support products and others) and by geography (North America, Europe, Asia-Pacific and the rest of the world).
North America is the largest market for superabsorbent polymers and this region is expected to record moderate growth over the forecast period, owing to the increase in the price of raw materials. Asia-Pacific is likely to be the fastest growing region, expanding at a CAGR of XX% between 2016 and 2021. The demand for superabsorbent polymers in Europe is also anticipated to witness moderate growth, due to the mature market for baby diapers and female hygiene products in the region.
The major companies profiled in the global superabsorbent polymer market are BASF SE, Evonik Industries AG, Nippon Shokubai Co. Ltd., LG Chem Ltd., and SDP Global Co. Ltd, among others.
Increase in population and awareness of personal hygiene are the decisive drivers in this market.
Expensive raw materials and lack of a fixed price margin along with global changes in health regulations norms are identified to be the major restraints impending market growth.
WHAT THE REPORT OFFERS
Market Definition along with identification of key drivers and restraints for the market.
Market analysis with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
Identification and analysis of the Macro and Micro factors that affect the industry on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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