Super Absorbent Polymer (Sap) Market Worth Us$ 9 Bn by 2020
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- Date Submitted: 06/15/2016 04:58 AM
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Global demand for super absorbent polymers (SAP) is set to reach 2.37 Mn tonnes by 2016, up from 2.1 Mn tonnes in 2014. Nippon Shokubai Co. Ltd., BASF SE, and Evonik Industries are the dominant players in the global super absorbent polymer market, with Nippon Shokubai Co. Ltd. holding the largest revenue share in 2014. These findings are according to a research report, titled, “Super Absorbent Polymer Market: Global Industry Analysis and Opportunity Assessment 2015-2020” by market research firm Future Market Insights (FMI).
Key Players Focusing on Innovation to Gain Competitive Edge
Key stakeholders in the super absorbent polymer market are bolstering their research and development capabilities to launch innovative products in the market. For example, in November 2014, Sumitomo Seika launched Aqua Keep HP, a high-function SAP for making thin baby- and adult-diapers. BASE SE also made an announcement in November 2014 that it will invest nearly US$ 550 Mn in pioneering superabsorbent technology. Other key players including Evonik Industries and Nippon Shokubai are focusing on increasing SAP production.
Disposable Diapers Largest Application Segment for Super Absorbent Polymers
Majority of the global demand for super absorbent polymers is concentrated in three industries – disposable diapers, adult incontinence products, and female hygiene products.
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Disposable diapers is the largest end-use application segment for super absorbent polymers, accounting for nearly one-thirds of overall demand. FMI estimates demand from disposable diapers industry to reach 1.79 Mn tonnes in 2016, up from 1.59 Mn tonnes in 2014. In terms of revenues, disposable diapers segment is expected to account for US$ 5.81 Bn in 2016.
Sodium polyacrylate co-polymers Account for Highest Demand
Sodium polyacrylate-based super absorbent polymers are preferred over poly acrylamide,...
Key Players Focusing on Innovation to Gain Competitive Edge
Key stakeholders in the super absorbent polymer market are bolstering their research and development capabilities to launch innovative products in the market. For example, in November 2014, Sumitomo Seika launched Aqua Keep HP, a high-function SAP for making thin baby- and adult-diapers. BASE SE also made an announcement in November 2014 that it will invest nearly US$ 550 Mn in pioneering superabsorbent technology. Other key players including Evonik Industries and Nippon Shokubai are focusing on increasing SAP production.
Disposable Diapers Largest Application Segment for Super Absorbent Polymers
Majority of the global demand for super absorbent polymers is concentrated in three industries – disposable diapers, adult incontinence products, and female hygiene products.
Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-429
Disposable diapers is the largest end-use application segment for super absorbent polymers, accounting for nearly one-thirds of overall demand. FMI estimates demand from disposable diapers industry to reach 1.79 Mn tonnes in 2016, up from 1.59 Mn tonnes in 2014. In terms of revenues, disposable diapers segment is expected to account for US$ 5.81 Bn in 2016.
Sodium polyacrylate co-polymers Account for Highest Demand
Sodium polyacrylate-based super absorbent polymers are preferred over poly acrylamide,...