|
As per the recently published report by MarketsandMarkets™, the “Super Absorbent Polymers (SAP) Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers), Application (Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, Oil & Gas), Region – Global Forecast to 2026″, size is projected to grow from USD 9.8 billion in 2021 to USD 13.1 billion by 2026, at a CAGR of 5.9% between 2021 and 2026. The matured market for diapers in developed economies is hindering the prospects of market growth. Superabsorbent polymer (SAP) is a material that can absorb substantial amount of liquid absorbing capacity. It is a cross-linked structure polymer, which avoids dissolution. These types of polymers can absorb liquid up to 100 times of its own weight. Their properties and nature make them a widely utilized material across many applications, including medicine, civil engineering, soil science, agricultural production, and hygienic products. It is also known as hydrogels; they are loosely cross-linked polymer chains of high weight. Owing to their chemical composition, they are able to absorb liquid manifold times their weight. Thus, they are highly appropriate to be used in disposable diapers, adult incontinence products, feminine hygiene products, agriculture, and other applications.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177336849
Browse
- 224 Market data Tables
- 51 Figures
- 190 Pages and in-depth TOC on “Super Absorbent Polymers (SAP) Market – Global Forecast to 2026″
This report also provides a comprehensive analysis of the companies listed below:
The key players in the super absorbent polymers market includes Nippon Shokubai (Japan), BASF (Germany), Evonik (Germany), Sumitomo (Japan), LG Chem (South Korea), SDP Global (Japan), Formosa (Taiwan), Yixing Danson (China), Satellite Science & Technology Co., Ltd.(China), and Kao Corporation (Japan) and others.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the super absorbent polymers market.
Recent Developments
- In November 2020, Nippon Shokubai, LiveDo Corporation (Japan), and Total Care System (Japan) jointly have been developing various technologies to promote systems that recycle disposable diapers, the use of which continues to increase. These three companies have recently developed new recycling technologies for super absorbent polymers in used diapers. The technology can be applied to a wide variety of super absorbent polymers distributed worldwide.
- In March 2021, BASF invested USD 30.1 million in new excellence centre for its hygiene business. With these investments, BASF will increase innovation capabilities for its super absorbent polymer business by building a state-of-the-art Super absorbents Excellence Centre at its Verbond site in Antwerp, Belgium.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=177336849
Based on types, super absorbent polymers have been segmented into sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymers, and other. Sodium polyacrylate accounted for the largest share of the SAP market in 2020. It is often called the “super slurper” and is widely preferred for its ability to absorb as much as 400–800 times more water than its mass. It is also the most used type in personal hygiene products such as baby diapers, adult continence products, sanitary napkins, and agricultural applications.
Based on applications, Personal hygiene is the largest application of SAP. The largest use of SAP is found in personal disposable hygiene products, such as baby diapers, adult protective underwear, and sanitary napkins. Diaper manufacturing is the largest application of SAP worldwide. Due to the increase in birth rate, baby diapers are witnessing rapid growth. Growing population and increased awareness regarding personal hygiene are resulting in a rise in demand for sanitary napkins. Besides baby diapers and sanitary napkins, the demand for adult diapers is also increasing at a higher rate because of the increasing aging population and the growing number of cases of adult incontinence.
APAC is the largest super absorbent polymers market, and this trend is expected to continue until 2026. The region is also projected to grow the fastest during the forecast period. China accounted for the largest market in the region, followed by India, Japan, and South Korea in the year 2020. Much of the growth in demand for SAP in the region is attributed to the growing population and increasing awareness regarding personal hygiene in the region. Penetration of personal hygiene products such as baby diapers, adult incontinence products, and sanitary napkins is relatively low in this region. Thus, there is a huge potential for the growth of this market in APAC.
However, volatile price of raw materials along with difficulty in the disposable of non-biodegradable super absorbent polymers are the major challenges for the growth of the super absorbent polymers market between 2021 and 2026.
Inquire Now to Get 5% Discount: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=177336849
|
