Global Superabsorbent Polymers Market – Overview
- The report will cover the overall analysis and insights in relation to the size and growth rate of the “Global Superabsorbent Polymers Market” by various segments at a global and regional level for the 2014-2027 period, with 2014-2019 as historical data, 2020 as a base year, 2021 as an estimated year and 2021-2027 as forecast period.
Global Superabsorbent Polymers Market – Introduction
- Superabsorbent polymer (SAP) is a material that has high liquid absorbing capacity. It is cross-linked structure polymer, which avoids dissolution. These types of polymers can absorb liquid up to 100 times of its own weight. Therefore, it is used in products, such as child diapers/nappies, incontinence items, and others, where high absorption characteristics are required.
- The factors contributing toward the growth of the superabsorbent polymer market include growth in population in countries such as China, India, Africa, and others rise in popularity of diaper pants, and increase in consumer awareness toward infant’s hygiene. In addition, increase in usage of superabsorbent polymers in agricultural application is also driving the market. Furthermore, high number of aged population in countries such as Japan, Italy, Finland, Greece, and others drives the penetration of adult diapers in these countries, which further boost the market growth. However, volatility in the prices of raw material and non-biodegradable characteristics of synthetic superabsorbent polymer are some of the major factors expected to hinder the growth of the superabsorbent polymer market.
Global Superabsorbent Polymers Market Report Scope
- The scope of the report covers the clear understanding and overview of the product.
- Analysis of market trends in the region, with market data considering 2020 as the base year, 2021 as the estimate year and forecast for 2027 with projection of CAGR from 2021 to 2027.
- The report covers discussion of economic trends and technology.
- Market estimates represent revenue.
- In-depth analysis of the market segmentation assists in determining the prevailing market scope.
| Attribute | Details |
|---|---|
| Market size available for years | 2014–2027 |
| Base year considered | 2020 |
| Forecast period | 2021–2027 |
| Historical period | 2014-2019 |
| Forecast units | Value (USD) & Volume (Million Units) |
| Forecast units | Value (USD) & Volume (Million Units) |
| Segmentation | By Regions North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
| By Countries United States, Russia, China, Germany, United Kingdom, France, Japan, Israel, Saudi Arabia, South Korea, United Arab Emirates, Canada, Indonesia, Malaysia, Switzerland, Australia, India, Italy, Sweden, Spain, Belgium, Netherlands, Norway, Brazil, Argentina, Mexico, South Africa and 54 Others. |
|
| By Type Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers and Other. |
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| By Application Personal Hygiene, Agriculture, Medical, Industrial and Others. |
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| By End-User Disposable Diapers, Adult Incontinence Pads, Feminine Hygiene Products and Others. |
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| Companies covered | BASF SE; Chinafloc; Chemtex Speciality ltd.; Chase Corp; Evonik Industries AG; Formosa Plastics Corporation; High Smart Commodity Co. Ltd; LG Chem Ltd.; Kao Corporation; Nippon Shokubai Co. Ltd.; Satellite Science & Technology Co., Ltd.; Sanyo Chemical Industries Ltd.; SDP Global; Songwon Industrial Co. Ltd.; Sumitomo Seika Chemicals Company Ltd.; Soco; Wanhua Chemical Group Co. Ltd; Xitao Polymer Co. Ltd; Yixing Danson Technology; Zhejiang Satellite Petrochemical Co. Ltd.; and Others. |
Segments Covered in Global Superabsorbent Polymers Market
- The superasorbent polymer market is segmented on the basis of type, application, production method, and region. By type, the market is divided into synthetic and natural. On the basis of application, it is divided into personal care, healthcare, agriculture & horticulture, and others. On the basis of production method, the market is studied across suspension polymerization, solution polymerization, and gel polymerization. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The super absorbent polymer market share is analyzed across all important regions and segments.
Covid-19 Impact on the Global Superabsorbent Polymers Market
- The outbreak of COVID-19 has affected the demand as well as the manufacturing or supply regions
- Some of the major economies suffering the COVID-19 crises include U.S., India, Brazil, France, Italy, Spain, and others
- The COVID-19 crisis has affected the chemical industry supply chain to a major extent; thus, having a major impact on raw material procurement
- The demand-supply gap, disruptions in raw material, price volatility, and many other factors are expected to hamper the growth of the chemical industry during the COVID-19 pandemic.
Recent Developments in Global Superabsorbent Polymers Market
- In November 2020, Nippon Shokubai, LiveDo Corporation (Japan), and Total Care System (Japan) jointly have been developing various technologies to promote systems that recycle disposable diapers, the use of which continues to increase. These three companies have recently developed new recycling technologies for superabsorbent polymers in used diapers. The technology can be applied to a wide variety of superabsorbent polymers distributed worldwide.
- In March 2021, BASF invested USD 30.1 million in new excellence center for its hygiene business. With this investments, BASF will increase innovation capabilities for its super absorbent polymer business by building a state-of-the-art Superabsorbents Excellence Center at its Verbund site in Antwerp, Belgium.
Key Market Players in Global Superabsorbent Polymers Market
- The major players in the Global Superabsorbent Polymers Market are BASF SE; Evonik Industries AG; Formosa Plastics Corporation; LG Chem Ltd.; Nippon Shokubai Co. Ltd.; Sanyo Chemical Industries Ltd.; Songwon Industrial Co. Ltd.; Sumitomo Seika Chemicals Company Limited; Yixing Danson Technology and others.
- Also, the Superabsorbent Polymers Market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
Objectives of the Global Superabsorbent Polymers Market
- To provide detailed information regarding drivers, restraints, opportunities and challenges are influencing the growth in the Global Superabsorbent Polymers Market.
- To analyze the competitive intelligence of players based on company profiles and their key growth strategies.
- To strategically analyze micro markets with respect to the individual growth trends, their prospects, and their contribution to the total Global Superabsorbent Polymers Market.
- To analyze competitive developments such as expansions, and product launches, along with research & development (R&D) activities undertaken in the Global Superabsorbent Polymers Market.
- A unique model is created customized for each study also offers suggestions that help enterprises to identify and mitigate risks.
Note
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