Expanding Opportunities as Absorbent Material in Incontinence & Wound Care Products & as Micro Water Reservoirs for Crops in Agriculture to Spur Growth in the Global Superabsorbent Polymers Market
The
global Superabsorbent Polymers market is projected to reach 3.4 million metric
tons by 2025, driven by growing applications in hygiene and non-hygiene
products, and increasing global focus on bio-degradable SAP.
Superabsorbent polymers (SAPs) are cross-linked acrylic
homo-polymers, which possess the capability to absorb as well as retain
substantial volumes of water. Superabsorbent polymers also exhibit other unique
characteristics such as biocompatibility, hydrophilicity, swelling and
de-swelling, and high absorption capabilities. Traditionally superabsorbent
polymers have been used primarily in baby diapers, adult incontinence products
and feminine hygiene products. Since SAP can efficiently retain moisture in gel
form, the material is widely used in hygiene products as a medium of solidification.
Driven by its superior absorbency features, the use of superabsorbent polymers is
extending to other applications such as agriculture, food packaging, waste
disposal, construction materials and flood control, among others.
The global market for superabsorbent polymers is being
driven primarily by the material’s increasing use in hygiene products such as
baby disposable diapers, adult incontinence products and feminine hygiene
products. Increasing awareness about health among consumers in developed and
developing economies, a rapidly aging world population and steady increase in
infant population are ensuring stable demand for SAP in hygiene
products. In the coming years, applications in agriculture and water
treatment are likely to stimulate growth in the SAP market. Growing focus of
countries on improving efficiency of agricultural operations, increasing use of
compact diapers, growing prominence of SAP as a cleansing agent in the water
treatment industry and rising use of SAP as soil additive in the agriculture
industry are also expected to favor growth in the superabsorbent polymers
market. The polymers are also expected to find use in absorbent
medical dressings and for controlled release drugs. Growth in the
superabsorbent polymers market will also be fueled by the rapid pace of
technology advances, which will allow the polymer to be used in an expanding
range of applications. Specifically, biodegradable superabsorbent polymers are
expected to positively impact future demand for SAP.
As stated by the new market research report on Superabsorbent
Polymers, Asia-Pacific represents the largest market worldwide, supported
by factors such as growing population, escalating demand for healthcare
services and increased consumption of disposable medical absorbent products; rapidly
aging population, rise in incontinence and demand for adult diapers; higher
fertility rates in comparison to global average and a parallel increase in
demand for disposable baby diapers; increasing levels of female education and the
resulting rise in demand for feminine hygiene solutions; and growing production
of superabsorbent polymers as evidenced by new plant establishments and capacity
expansion initiatives. The region is also poised to grow at the fastest CAGR of
9.2% over the analysis period.
Major players in the market include BASF SE, Evonik
Industries AG, Formosa Plastics Corporation, LG Chem Ltd., Nippon Shokubai Co.
Ltd., Quanzhou Banglida Technology Industry Co. Ltd., Sanyo Chemical Industries
Ltd., Shandong Nuoer Biological Technology Co. Ltd., Songwon Industrial Co.
Ltd., Sumitomo Seika Chemicals Company Limited, and Yixing Danson Technology,
among others.
The research report titled "Superabsorbent
Polymers - Market Analysis, Trends, and Forecasts" announced by Global Industry Analysts Inc., provides a comprehensive review of market
trends, issues, drivers, mergers, acquisitions and other strategic industry
activities of global companies. The report provides market estimates and
projections for all major geographic markets such as the US, Canada, Japan,
Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe),
Asia-Pacific (China, India and Rest of Asia-Pacific), Middle East & Africa
and Latin America (Brazil and Rest of Latin America). The market is analyzed by
the following End-Use Segments - Disposable Diapers, Adult Incontinence Pads,
Feminine Hygiene Products and Others.
Global Industry Analysts, Inc. 6150 Hellyer
Ave., San Jose CA 95138, USA, All Rights Reserved.
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