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Superabsorbent Polymers Market - Trends and Forecast (2014-2019)

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MicroMarketMonitor
Global Superabsorbent Polymers Market
Superabsorbent Polymers and Absorbents adds up to total Absorbents & Superabsorbents market





Super absorbent Polymers typically are cross-linked acrylic homo-polymers (usually Sodium neutralized). Diaper and hygiene product manufacturers use super absorbent polymer as the solidification medium in the products. In agriculture, they are used to increase the water absorption and water retention in soils located in regions subject to drought. The global super absorbent polymers market is expected to grow at a CAGR of 5.5% from 2014 to 2019 to reach a value of $8.56 billion. The demand for super absorbent polymer is increasing and will continue to increase as the disposable income of the individuals are increasing and population pyramids in the Asia-Pacific and Middle East, Africa.

The global super absorbent polymer market by product type and application type, has witnessed a significant growth in the past few years and this growth is estimated to persist in the coming years. The primary super absorbent polymer product is sodium polyacrylate that constitute majority of the market globally.


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Top Developments

  • ·         South Korea's LG Chem Ltd. plans to boost 2014 CapEx to $1800 million with plant upgrades.

  • ·         LG Chem Ltd. to invest $304 million to expand its plants for crude acrylic acid and SAP by September 2015

  • ·         Sumitomo Seika established a new superabsorbent plant on the Carling site, Moselle, France.

  • ·         The Saudi Acrylic Polymer Company (SAP Co), a joint venture of Evonik Industries and the Saudi Acrylic Acid Company (SAAC), has signed the mechanical Completion certificate for the SAP plant in Jubail, which was built under Evonik license

  • ·         Sumitomo Seika increased its production capacity for "AQUA KEEP" SAP by investment of approximately $60, million at Himeji city, Hyogo.

  • ·         Archer Daniels Midland Company (ADM) has established a joint venture (JV) Company, with CIC Holdings and Chemanex

  • ·  BASF plans to use bio-based acrylic acid for the production of superabsorbierenden Polymeren.



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Scope of the report:

This research report categorizes the global market for super absorbent polymer on the basis of product type and application by geography in terms of revenues, volumes, and analyzing trends in each of the submarkets.


On the basis of product type: 
The market for super absorbent polymer is segmented by type of product such as Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer and others. Each of these products is further described in detail in the report with revenue forecasts as well.

On the basis of application: 
The market for super absorbent polymers is segmented by type of applications it is consumed such as baby diapers, adult diapers, women sanitary napkins, agriculture, and others. Each application is further described in detail in the report with volume and revenue forecasts as well.

On the basis of raw material: 
The main raw material for super absorbent polymer is acrylic acid. Key trends for the global and key countries are analyzed in the report with volume and revenue forecast as well.

Consumer’s willingness to spend more on hygienic products has influenced the market players to increase their production capacities especially in the Asia-Pacific region. Some of the major companies operating in the global superabsorbent market are BASF SE, Formosa Plastics Co., Sumitomo Seika Chemicals Co. Ltd., SDP Global Co. Ltd., LG Chem Ltd., Nippon Shokubai Co. Ltd., Evonik Industries AG, Procter &Gamble, Johnson & Johnson, KAO Corporation, Songwon Industrial Co. Ltd. and Yixing Danson Technology.


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