According to the latest market research study, the global superabsorbent polymers (SAP) market is expected to grow at a CAGR of more than 5% during the forecast period 2016 to 2020.
This report by Technavio provides an in-depth analysis of the global superabsorbent polymers market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the application
|
APPLICATION |
MARKET SHARE 2015 (%) |
|
Baby Diaper Sector |
74.0% |
|
Adult Incontinence Products Sector |
13.0% |
|
Feminine Hygiene Products Sector |
9.0% |
|
Others |
4.0% |
Source: Technavio
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The top three revenue contributing product segments are discussed below:
Global SAP market in baby diaper sector: The growing infant population and reduction in infant mortality rates is driving the growth in this market segment. Parents do not use cloths diapers as it leads to rashes and other skin infection in infants. These infections will result in more spending on diapers, especially in the developed regions, such as North America and Europe.
“The rise in disposable income in emerging economies like APAC will lead to an increasing demand for baby diapers in this region. India and China are the leading countries that contribute to the revenues of this market in the APAC region. The growth of the diaper industry will have a positive impact on the superabsorbent polymers market,” says Swapnil Tejveer Sharma, a lead analyst at Technavio for research on plastics, polymers, and elastomers.
Global SAP market in adult incontinence product sector: Vendors are introducing adult diapers with product innovations coupled with improved technologies that can draw away moisture, avoid bad odor, and provide comfort while wearing. Some of the products launched in the market neutralize the pH of urine to avoid odor. The increased life expectancy at birth is driving the growth of this market segment.
Global SAP market in feminine hygiene product sector: The rising awareness about the use of feminine hygiene products in various emerging countries will drive the growth of this market. SAPs used in feminine hygiene products increases the rate of adsorptions and reduces the risk of infections. These polymers, which is found in various sanitary pads, offer protection against infections and reduce skin irritations.
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The top vendors operating in the global superabsorbent polymers market are:
- BASF
- Evonik Industries
- LG Chem
- Nippon Shokubai
- Sanyo Chemical Industries
The other prominent vendors in the market include Chemtex, Formosa, Plastics, Sumitomo Seika Chemicals, Kao, Multisorb Technologies, SONGWON, Yixing Danson Technology, and Zhejiang Satellite Petro Chemical.
A more detailed analysis is available in the Technavio report titled, ‘Global Superabsorbent Polymers Market 2016-2020’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Lyocell Fiber Market 2016-2020
- Global Pantyliner Market 2016-2020
- Baby Diaper Market in the Middle East and Africa 2016-2020
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