Super Absorbent Polymers Market Anticipated to Reach US$ 9 Billion By 2020

Global Super Absorbent Polymer (SAP) Market Slated for Sluggish Growth,
Disposable Diapers will Continue to Generate Highest Demand over 2016-2020
PMR forecasts sluggish growth for the global super absorbent polymer market during
the next four years. The global SAP market will witness passive expansion at a
CAGR of 3.9% during the forecast period 2016-2020.
Super absorbent polymer is widely consumed for disposable diapers manufacturing,
coupled with adult incontinence products and feminine hygiene products. Growing
birth rate and rising elderly population remain key to the prospects of this market.
Demand will also remain steady in the medical and agriculture sector. Emerging
applications in agriculture and large-scale farming, in addition to aboriculture, are
likely to present lucrative growth opportunities in market.
Request to view table of content @
http://www.persistencemarketresearch.com/market-research/super-absorbentpolymers-market/toc
Moreover, manufacturers of absorbent pads, sand bags, and artificial snow will also
support the market growth through the next few years. Uplifting adoption of super
absorbent polymer by landscaping companies for spacious golf courses and garden
grass will propel the demand for SAP, eventually fueling the market for super
absorbent polymer globally. Introduction of biodegradable SAP is estimated to be a
major factor promoting the usage of super absorbent polymer over the forecast
period.
However, fluctuating pricing and availability of raw materials will remain a longterm challenge to the SAP market growth over the next few years. Frequently
changing healthcare regulations may also hamper the global super absorbent polymer
market growth.
By application, the global market for super absorbent polymer is largely concentrated
in three key end-use industries viz. disposable diapers, adult incontinence products,
and female hygiene products. Disposable diapers segment will remain the largest
consumer of super absorbent polymer with a value of around US$ 5.81 Bn in 2016
and over 74% revenue share by 2020 end.
A sample of this report is available upon request @
http://www.persistencemarketresearch.com/samples/3258
Based on product type, sodium polyacrylate co-polymers and poly acrylamide copolymer segments will account for major market value shares. Poly acrylamide copolymers are however predicted to gain higher traction over the forecast period,
attributed to their higher water-retention capacity and non-toxic properties. This
segment will possibly grab over 11% revenue share of the overall market by 2020.
Geographically, Asia Pacific (excluding Japan) is identified to remain the most
lucrative region, followed by Europe and North America. Demand for super
absorbent polymers in North America will be led by the U.S. The macroeconomic
drivers, such as rising awareness about the usage of SAP-based products for
maintaining personal care and hygiene, and increased purchasing power of consumers
in developing countries, will strongly favor the consumption of super absorbent
polymer in APEJ. This region is likely to account for over 36% market share, whereas
Europe will contribute over 28% share to the market by 2020 end. Overall growth
rate of all regional markets is expected to be stable. The market in Asian countries
will especially witness remarkable growth, as a number of leading personal care
product providers are expanding in Asia Pacific.
BASF SE, Nippon Shokubai Co. Ltd., and Evonik Industries are the most prominent
market players. Nippon Shokubai Co. Ltd. continues to be a leading company in the
super absorbent polymer market. Leading manufacturers are focusing more on
amplifying SAP production capacities, and R&D of innovative products.
Long-term Outlook: Global SAP market is set to surpass US$ 9 Bn in terms of value
and 2.9 Mn Tons in terms of shipment by 2020.
Browse Complete Report @ http://www.persistencemarketresearch.com/marketresearch/super-absorbent-polymers-market.asp
About Us:
Persistence Market Research (PMR) is a third-platform research firm. Our research
model is a unique collaboration of data analytics and market research methodology to
help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a
multi-disciplinary approach. At PMR, we unite various data streams from multidimensional sources. By deploying real-time data collection, big data, and customer
experience analytics, we deliver business intelligence for organizations of all sizes.
Our offerings include pre-built reports that address every major sale, customized
solutions to cater to client-specific needs, and consulting services to offer more value
addition. Our next-generation research approach for exploring emerging technologies
has allowed us to solve the most complex problems of clients. We do not follow a
reactive approach, but a pro-active one. Expert analysts at PMR keep a tab on nextgeneration technologies in their R&D phase and provide the latest insights into these
technologies when they are being commercialized. Our ground-breaking approach
allows us to deliver market solutions before the technologies reach the market.
Our client success stories feature a range of clients from Fortune 500 companies to
fast-growing startups. PMR’s collaborative environment is committed to building
industry-specific solutions by transforming data from multiple streams into a strategic
asset.
Contact Us:
Persistence Market Research
305 Broadway,7th Floor
New York City, NY 10007
United States
Tel: +1-646-568-7751
Email: [email protected]
Website: http://www.persistencemarketresearch.com/
`