Global Superabsorbent Polymer Market 2016-2020

Overview of the global superabsorbent polymer (SAP) Market

The global superabsorbent polymer (SAP) market is anticipated to grow at a steady rate and will post a CAGR of more than 5% during the forecast period. As per the market research information, the growing advantage of superabsorbent polymers (SAPs) in the agricultural sector will drive the growth prospects for the global SAP market in the forthcoming years. SAPs are increasingly used in various agricultural areas that witness low rainfall. Some of the major factors responsible for the growing popularity of SAPs in leading countries such as the US and China are its ability to increase the efficiency of water use, cater better water management, and enhance the crop yield. It has been observed that the water-holding capacity of the soil conditioned with SAPs is more efficient than the soil conditioned by traditional irrigation techniques. Also, beneficial properties of SAPs such as its hydrophilicity, irrigation efficiency, and biodegradability will drive its demand among end-users.

In terms of geography, North America accounted for the maximum market share during 2015 and will continue to dominate the market until the end of 2020. Since North America has been a major consumer in the baby diapers and sanitary napkins sector for a long time, the market is witnessing a growth in the region. One of the major factors responsible for the increasing adoption of SAP products in the region includes the growing focus of public on health care issues and awareness of the utility and benefits offered by sanitary napkins, adult incontinence products, and baby diapers.

Competitive landscape and key vendors

The global SAP market witnesses a high competitive environment due to the presence of a large number of small and large vendors. These vendors have a huge geographical presence with production facilities located worldwide. In addition, the global vendors are increasingly focusing on the development of multi-regional relationships with their raw material suppliers by setting up newer facilities in emerging markets. Moreover, one of the top priorities of various vendors to sustain themselves in the market includes value proposition.

Key vendors in this market are -

• BASF
• Evonik Industries
• LG Chem
• Nippon Shokubai
• Sanyo Chemical Industries

Other prominent vendors in the market include Chemtex, Formosa, Plastics, Sumitomo Seika Chemicals, Kao, Multisorb Technologies, SONGWON, Yixing Danson Technology, and Zhejiang Satellite Petro Chemical.

Segmentation by type and analysis of the SAP market

• Sodium polyacrylate
• Polyacrylamide copolymers

The sodium polyacrylate segment accounted for the maximum market share during 2015 and will continue to dominate the market for the next few years. One of the major factors responsible for the growing popularity of sodium polyacrylate is its use in baby diapers and feminine hygienic products because of its non-toxic nature.

Segmentation by application and analysis of the SAP market

• Baby diaper
• Adult incontinence product
• Feminine hygiene product

The baby diapers segment accounted for the maximum market share during 2015 and will continue to dominate the market in the forthcoming years. Some of the major factors responsible for the market segment’s growth are the growing infant population and reduction in infant mortality rates in the developing countries.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global superabsorbent polymer (SAP) market?
• What are the key market trends impacting the growth of the global superabsorbent polymer (SAP) market?
• What are the challenges to market growth?
• Who are the key vendors in the global superabsorbent polymer (SAP) market?
• What are the market opportunities and threats faced by the vendors in the global superabsorbent polymer (SAP) market?
• What are the trending factors influencing the market shares of APAC, Europe, North America, and ROW?
• What are the key outcomes of the five forces analysis of the global superabsorbent polymer (SAP) market?

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