Overview:

Super absorbent polymers also known as slush powder is a material with higher absorbing properties that can contain liquidous material much higher than its polymers weight. Earlier the super absorbent polymers were made of polyvinyl alcohol or polyethylene oxide, but recently with technological advances cross linked poly acrylic acids are used.

Market Dynamics:

Rising demand for adult and female hygiene products is a key factor fueling growth of the target market. Growing awareness and increasing disposable income are other factors further fueling growth of the super absorbent polymers (SAP) market. In addition, rising investment for production capacity expansion by key players is another factor favoring growth of the target market. For instance, in 2017, LG Chem announced expansion of its production capabilities for super absorbent polymers. Moreover, in 2018, Nippon also expanded its plant capacity. Moreover, rising demand from agriculture sector is a factor expected to further propel growth of the target market during the forecast period

Key Trends:

New product launch and investments in product innovation are key trend observed in the market, which are expected to drive growth of the target market during the forecast period.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific market accounted for major revenue share in 2018, and is expected to witness highest growth during the forecast period. Rising demand from senior population coupled with rising awareness regarding personal hygiene are key factors driving growth of the target market in Asia Pacific region. The market in North America is expected to witness significant growth during the forecast period.

Scope of the Report:

Detailed Segmentation:

Global Super Absorbent Polymers (SAP) Market, By Type:

• Sodium Polyacrylate
• Polyacrylate/Polyacrylamide Copolymer
• Ethylene Maleic Anhydride Copolymer
• Polysaccharides
• Others

Global Super Absorbent Polymers (SAP) Market, By Application:

• Personal Hygiene
• Agriculture
• Medical
• Industrial
• Others

Key Players Covered:

Key players operating in the market includes, Nippon Shokubai, BASF, Sumitomo, Evonik, LG Chem, SDP Global, Kao Corporation, Formosa, Yixing Danson, and Satellite Science & Technology Co., Ltd.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Super Absorbent Polymers (SAP) Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global super absorbent polymers (SAP) market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.