According to the latest report by IMARC Group titled, “Super Absorbent Polymers (SAP) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the market to exhibit a CAGR of around 8% during 2020-2025.
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Super absorbent polymers (SAP) refer to materials with high water-absorbing capacities. They are commonly used in the manufacturing of personal care products, such as adult and baby diapers and sanitary napkins. They are manufactured using white sugar-like hygroscopic substances that convert water into transparent gel-based particles and can retain moisture without conflagrating. Apart from this, they are also used to enhance the water-holding capacity of the soil in the agricultural fields.
Rapid urbanization and increasing demand for personal hygiene products are among the key factors driving the growth of the market. In line with this, owing to increasing health consciousness among consumers, there is a significant increase in the demand for fluff-less baby diapers, adult incontinence and feminine hygiene products. Furthermore, increasing product utilization in the agriculture sector to improve irrigation systems, preserve water and facilitate seedling development, is also providing a boost to the market growth. Other factors, including extensive utilization of these polymers in the manufacturing of adhesives, coatings and food packaging, are projected to drive the market further in the coming years.
Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/super-absorbent-polymers-market
Insights on Market Segmentation:
Breakup by Type
1. Sodium Polyacrylate
2. Polyacrylate/Polyacrylamide Copolymer
Breakup by Application
1. Personal Hygiene
Breakup by Production Method
1. Suspension Polymerization
2. Solution Polymerization
3. Gel Polymerization
Breakup by Region
1. North America
3. Asia Pacific
4. Latin America
5. Middle East and Africa
The competitive landscape of the industry has also been examined with some of the key players being BASF, Evonik Industries, Formosa Plastics Group, Kao Corporation, LG Chem Ltd., Nippon Shokubai, Satellite Science and Technology Co. Ltd., SDP Global Co. Ltd., Sumitomo Seika Chemicals Company Ltd., Yixing Danson Technology Ltd. etc.
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