Key Players in Super Absorbent Polymers Market: Evonik Industries AG, BASF SE, Nippon Shokubai Co. Ltd., SDP Global Co. Ltd., LG Chem Ltd., Sumitomo Seika Chemicals Co. Ltd., and Formosa Plastics Co.
(PRWEB) September 05, 2014
The report, “Super Absorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, & Others) & by Application (Baby Diapers, Adult Diapers, Women Sanitary Napkins, Agriculture, & Others) - Global Trends & Forecast to 2019” defines and segments the global Super absorbent polymers market with an analysis and forecast for types, and applications by volume as well value.
Browse 174 market data tables and 93 figures spread through 244 pages and in-depth TOC on “Super Absorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, & Others) & by Application (Baby Diapers, Adult Diapers, Women Sanitary Napkins, Agriculture, & Others) - Global Trends & Forecast to 2019”.
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Super absorbent polymers play an important role in diapers and hygiene industry as the product manufacturers use super absorbent polymers as the solidification medium in the products. Acrylic Acid is the main raw material for the super absorbent polymer products.
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Sodium Polyacrylate dominates the super absorbent polymers market and will be growing at a healthy CAGR for the next five years. Within the SAP applications, baby diapers will drive majority of the future growth in the super absorbent polymers market with high birth rates and low baby diaper market penetration in the emerging regions like Asia-Pacific, Middle East, Africa, and Latin America.
The global super absorbent polymers industry is rapidly evolving market. The current scenario in the global super absorbent polymers market is dominated by number of major players that include BASF SE, Nippon Shokubai Co. Ltd., Evonik Industries AG, SDP Global Co. Ltd., LG Chem Ltd., Sumitomo Seika Chemicals Co. Ltd., Formosa Plastics Co., and so on. Most of these companies are leaders in the production of acrylic acid which is the main raw material for super absorbent polymers. These companies are focused on investment to establish new production facilities and capacity expansion of super absorbent polymers to achieve economies of scale, product innovation, and expansion in order to capture and improve market share.
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Market players are concentrating on increasing their production capacities, with expectation of a surge in super absorbent polymers demand from the industry; especially, from Asia-Pacific, Middle East, Africa, and Latin America. Companies are focusing their investments to set up new facilities mainly in emerging regions and increasing global presence to address the growing demand in emerging markets.
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