Super Absorbent Polymer Market to see 5% CAGR to 2019, Says New Global Research Reports
DALLAS, May 26, 2015 /PRNewswire/ --
The Global Superabsorbent Polymer Market 2015-2019 research report forecasts a 5.88% CAGR for the worldwide super absorbent polymers industry to 2019 with a demand for hygiene products that keeps rising.
Complete report on super absorbent polymer market spread across 88 pages, talking about 7 major companies and supported with 43 exhibits is now available at http://www.rnrmarketresearch.com/global-superabsorbent-polymer-market-2015-2019-market-report.html .
This new super absorbent polymer market report discusses superabsorbent polymers (SAP), which are used widely in baby diapers, adult incontinence products and feminine hygiene products. SAP products help keep the skin dry, reduce skin irritation caused by wetness and prevent the spread of infections. Globally, the need for hygiene products is on the rise because of the growing aging population and increased health consciousness. Super absorbent polymers can also be used to replace traditional products like cotton, paper wadding, and cellulose fiber, which is expected to have a huge impact on the market.
The 2015-2019 version of the super absorbent polymer market research also emphasizes the growing demand for bio-based materials because of environmental concerns. Bio-based gels are effective for agricultural practices, as they help retain moisture in drought but leave no residue in the soil once the gel disintegrates. Manufacturers are shifting toward bio-based materials because of environmental concerns. Compared to synthetic materials, bio-based materials are less toxic and have lower disposable costs. SAP is manufactured using cellulose, starch, chitin, natural gums, and other related products. BASF, Cargill, and Novozymes in joint agreement develop bio-based acrylic acid by converting renewable raw materials. Further, the report states that price volatility of acrylic acid is one of the major challenges confronting the market.
Companies analyzed and profiled in this research include BASF, Evonik Industries, Formosa Plastics, LG Chem, Nippon Shokubai, Sanyo Chemical Industries and Sumitomo Seika Chemical. Other Prominent Vendors of super absorbent polymer market mentioned in this report include American Textile & Supply, Chemtex, Confluence Energy, Dow Chemical, Emerging Technologies, Johnson & Johnson, KAO, Mitsubishi Chemical Holdings, Multisorb Technologies, Procter & Gamble, Sinopec Group, Songwon Industrial, Yixing Danson Technology and Zheijiang Satellite. Order a copy of Global Superabsorbent Polymer Market 2015-2019 report at http://www.rnrmarketresearch.com/contacts/purchase?rname=383880 .
The super absorbent polymer market report has been prepared based on an in-depth analysis with inputs from industry experts. The report covers North America, Europe, APAC, and ROW; it also covers the global SAP market landscape and its growth prospects in the coming years.
On the same lines, another research titled Super Absorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, & Others) & by Application (Baby Diapers, Adult Diapers, Women Sanitary Napkins, Agriculture, & Others) - Global Trends & Forecast to 2019 says the industry is expected to grow at a CAGR of 5.5% from 2014 to 2019 to reach a value of $8.56 billion. The SAP used for baby diapers segment is growing at a CAGR of 5.2% and constitutes a significant part of the overall super absorbent polymer market. The market is expected to be pushed by bio-based SAP and increasing income levels, and rapidly growing baby diaper market in the emerging regions. Due to increasing population and income levels in Middle East, Africa and Asia-Pacific, especially in India and China, the emerging geographies are expected to register maximum growth.
The fastest growth in the super absorbent polymers market, according to this second research, is expected to come from SAP used in construction, packaging, wire and cable, oil and gas, firefighting which will continue to expand in the coming years. Expansions and new investments for SAP plants in the recent past have indicated that the industry is on its way to expand globally and global SAP suppliers are strengthening their presence in emerging markets. All these factors, along with the growing diaper industry, will continue to drive the demand for SAP. However, the SAP industry will have to overcome challenges, such as the availability and price volatility of raw materials and changing health regulations, in order to meet the increasing demand from the growing diaper industry.
Spread across 244 pages, profiling 10 companies (BASF SE, Evonik Industries Ag, Formosa Plastics Corporation, KAO Corporation, LG Chem Ltd., Nippon Shokubai Co. Ltd., SDP Global Co. Ltd., Sumitomo Seika Chemicals Co. Ltd., Songwon Industrial Co. Ltd. and Yixing Danson Technology) and the super absorbent polymer market analysis supported with 174 tables and 93 figures is available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=162347 .
Explore more reports on the polymers market at http://www.rnrmarketresearch.com/reports/materials-chemicals/plastics/polymers .
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