Super Absorbent Polymers Market is estimated to accumulate significant revenue by 2022: Radiant Insights

Radiant Insights has been added “Global Super Absorbent Polymers Market 2017-2022” to their database

The global super absorbent polymers market is estimated to accumulate significant revenue by 2022, according to a report on Radiant Insights, Inc. It is expected to expand at a steady CAGR over the forecast period (from 2017 to 2022). Growing infant and elderly population and hygiene awareness are the key market drivers. Demand from nations in Asia Pacific, Central & South America (CSA), and Middle East & Africa (MEA) is expected to further propel growth in the forthcoming years.

Superabsorbent polymers (SAPs) possess the ability to retain huge volumes of liquids or aqueous solutions. This makes them ideal for the production of absorbent medical dressings, adult incontinence pads, and baby nappies. SAPs are one of the key components in sand bags which are used to control floods. Sales of sand bags can directly impact overall market sales. Biodegradable SAPs are expected to be the biggest market disruptor in the years ahead.

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Polypeptides and polysaccharides are SAPs which are bound to see massive investment by manufacturers due to the abundance of raw material. Carboxymethyl cellulose, a derivative of wood, is being considered in manufacturing these SAPs due to its high liquid retention capacity. Other materials being considered include hydroxypropyl starch (HPS), hydroxypropyl cellulose (HPC), ethylhydroxyethyl cellulose (EHEC), and guar gum.
Students at the Indian Institute of Technology (IIT) in Hyderabad have produced sanitary napkins with cellulose acetate at its core.

The product can reportedly provide enhanced comfort without compromising any features. Evonik Industries, one of the prime market players, has patend its latest technology to manufacture ultrathin diapers using biodegradable super absorbent polymers. The superabsorbent particles can absorb liquids quickly due to the unique design created by laminated nonwovens.

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The worldwide super absorbent polymers market is segmented by type, application, and region. By type, the market is bifurcated into sodium polyacrylate and polyacrylamide copolymer. Both of these SAPs are expected to accrue immense revenue by the end of the forecast period.

Application-wise, the market is divided into agriculture, adult inconvenience, feminine hygiene, baby diapers, and others. ”Baby diapers” was the biggest application in 2014, accounting over 70% market share. Agriculture is estimated to grow at a high CAGR during the forecast period due to increased utilization in areas with scanty rainfall. The ability of these materials to increase soil efficiency and to improve crop yield can positively impact market revenue in the near future.

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Regions in the global market include North America, China, Asia Pacific (APAC), and Europe. China and the U.S. are expected to be the biggest markets till 2022. China is expected to witness high demand for personal hygiene products due to its rising population. Europe is also predicted to grow at a robust rate during the forecast period due to its use in agriculture.

Prominent players operating in the market are Evonik Industries, Nippon Shokubai Co., Ltd., Sumitomo Seika Chemicals Company, Ltd., BASF SE, and SDP Global Co., Ltd. Product innovation, product portfolio expansion, and value chain enhancement are some of the chief strategies used by most players to retain their competitive edge in the global market. Nippon Shokubai and Evonik Industries are expanding their production line by establishing new manufacturing plants. The imbalance in demand and supply of raw materials can be a major bottleneck in the forthcoming years.

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Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience help for delivering excellence in all research projects.

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