Globally, the demand for Super Absorbent Polymers is expected to remain high over the period of 2015 – 2016 due to the growing hygiene awareness among consumers across the world. The emerging economies are expected to boost demand for global super absorbent polymers market with rising applications in different industry verticals. Sodium polyacrylate is the common super absorbent polymer used in the manufacture of personal hygiene products. Sodium polyacrylate, also termed as sodium salt of polyacrylic acid has wide range of industrial and commercial applications. Sodium polyacrylate is used in the manufacture of baby diapers, feminine hygiene products and as an artificial snow. It is also used for other applications such as agriculture, construction and other industrial applications. In addition, polyacrylamide copolymers are produced from acrylamide subunits have high water absorbent. Polyacrylamide copolymers are used in applications such as papermaking, wastewater treatment, facial surgery, and screen-printing, among others. Super absorbent polymers have wide range of applications in the market. They are categorized into general, medical and others. Among the mentioned applications, general applications are expected to be the largest and fastest growing application of super absorbent polymers market. In medical applications, advanced wound care is the largest consumer of super absorbent polymers.
The global size of super absorbent polymers market was 2292.4 kilo tones in 2014 and it is likely to reach 3312.27 kilo tones in 2021 growing at a CAGR of 5.5% over the period of 2015 to 2021. Growing hygiene concerns among the consumers, especially in the emerging economies has led to increase in demand for hygiene products. This has led to rise in demand for super absorbent polymers in the market. Growing demand for baby diapers and sanitary products has also led to huge market demand from the developed as well as developing economies. North America is the largest consumer of super absorbent polymers due to high demand and usage of hygiene products in the region.
The report on super absorbent polymers provides insights into the drivers, restraints, and opportunities in the world market. Furthermore, market attractiveness analysis given in the report highlights the most promising segments of the super absorbent polymers market. The global industry structure is analyzed using Porter’s five forces model and value chain analysis.
- BASF SE
- Bayer AG
- Evonik Industries AG
- Formosa Plastics Co.
- Mitsubishi Chemical Holdings Corporation
- Nippon Shokubai Co. Ltd
- SDP Global Co., Ltd
- Sumitomo Seika Chemicals Co. Ltd.
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