The Global Superabsorbent Polymers Market has been projected to grow at the CAGR of 7.3% market during 2017-2025. In 2016, the market has generated the revenue of $ 39,548.1 million and now it has been expected to reach up to $ 74,761.9 million in terms of revenue by 2025.
The superabsorbent polymers are majorly used in personal care sector as an absorbent material in baby diapers, so the growing awareness regarding personal hygiene is expected to increase the demand for superabsorbent polymers from its personal care sector. The high water retaining capacity of superabsorbent material is instigating their demand in agriculture, medical and construction industries. Superabsorbent polymers are used in water conservation technique in agriculture, where it is utilized as a water retaining agent in soil for improving the crop yield. Growing population, increasing food security concerns along with decreasing arable land is expected to escalate the demand for superabsorbent polymers from agriculture industry. Baby diapers is the largest application sector of superabsorbent materials, in volume terms. Polyacrylamide copolymer is anticipated to showcase the fastest growth in manufacturing superabsorbent polymers.
Market Segment Insights
The global super absorbent polymers market was majorly dominated by the baby diapers application. This segment held over 70% of the total market share in 2016. The huge market share of the baby diapers segment can be attributed to its ever growing demand in the developing nations. However, the agricultural segment of the super absorbent polymers is expected to witness the maximum rate of growth, at an anticipated CAGR of 6.0%, from 2016 to 2025. They are utilized in the regions having water scarcity for retaining water. These polymers enhance the efficiency of water usage, develop better properties of soil, and increases the crop yield, which is expected to fuel the demand in the agricultural segment in future.
North America is the leading region in global superabsorbent polymer market, followed by the Europe and APAC. Asia Pacific is the fastest growing regions for the superabsorbent polymer market, with China as the major shareholder. Increasing disposable income in China and India, improved living standard along with would increase the expenditure of the residents on personal hygiene products which would accelerate the demand for superabsorbent polymers in the region.
Market Competition Assessment:
The major players currently operating in the global superabsorbent polymer market include BASF SE, Evonik Industries, Formosa Plastics Co., LG Chem Ltd, Nippon Shokubai Co., Ltd., SDP Global Co., Ltd., Sumitomo Seika Chemical Co., Ltd., and Others.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
Chapter 2 Executive Summary
2.1 Superabsorbent Polymers Market Portraiture
2.2 Global Superabsorbent Polymers Market, by Product, 2016 ($ Million)
2.3 Global Superabsorbent Polymers Market, by Application, 2016 ($ Million)
2.4 Global Superabsorbent Polymers Market, by Geography, 2016 (Value %)
Chapter 3 Global Superabsorbent Polymers Market Analysis
3.1 Global Superabsorbent Polymers Market Overview
3.2 Prevalence of Superabsorbent Polymers
3.3 Market Dynamics
3.3.1 Market Drivers
184.108.40.206 Increasing awareness regarding personal hygiene
220.127.116.11 Imbalance in demand and supply of raw
3.4 Attractive Investment Proposition
3.5 Competitive Analysis: Global Superabsorbent Polymers Market, 2016 (Value %)
Chapter 4 Global Superabsorbent Polymers Market Analysis, by Product, 2015-2025 ($ Million)
4.2 Sodium Polyacrylate
4.3 Polyacrylamide Copolymers
4.4 Others (Ethylene maleic anhydride, polyvinyl alcohol copolymers, etc.)
Chapter 5 Global Superabsorbent Polymers Market Analysis, by Application, 2015-2025 ($ Million)
5.1 General Application
5.1.1 Baby Diapers
5.1.2 Feminine Hygiene Products
5.1.3 Adult Incontinence Products
5.2 Medical Application
5.2.1 Traditional Wound Care
5.2.2 Advanced Wound Care
5.3 Others (Agriculture, Artificial Snow, Water treatment, etc.)
Chapter 6 Global Superabsorbent Polymers Market Analysis, by Geography, 2015-2025 ($ Million)
6.1 North America (U.S. & Canada)
6.2 Europe (U.K., Germany & Rest of Europe)
6.3 Asia Pacific (China, Japan, Singapore, South Korea and Rest of APAC)
6.4 Latin America (Mexico, Brazil and Rest of LATAM)
6.6 Middle East and Africa
Chapter 7 Company Profiles
7.1 BASF SE
7.2 Evonik Industries
7.3 Formosa Plastics Co.
7.4 LG Chem Ltd
7.5 Nippon Shokubai Co., Ltd.
7.7 SDP Global Co., Ltd.
7.8 Sumitomo Seika Chemical Co., Ltd.