Super-Absorbent Polymers: A Global Strategic Business Report
San Jose, CA (PRWEB) September 25, 2012
Follow us on LinkedIn – World market for Super-Absorbent Polymers (SAP) is expected to witness steady growth led by increasing demand from developing markets and new applications. A rapidly aging population and growing health awareness among consumers comprise key macro economic factors contributing towards the demand for SAP products. Technological advancements associated with SAP are expected to facilitate expansion of end-use applications. In particular, biodegradable SAP is expected to have a profound impact on the future market growth. Apart from offering an eco-friendly and sustainable alternative to various non-renewable petroleum-based materials, bio-based super-absorbent polymers exhibit high levels of efficiency in absorbency and moisture retention. Consequently, bio-based are increasingly finding use in personal hygiene applications such as baby diapers, feminine hygiene and adult incontinence products. In addition, bio-based products are also being used for food packaging and industrial applications.
Disposable Diapers represents the largest end-use segment for SAP, globally. However, the segment is characterized by relative maturity, particularly in developed countries. In view of such market conditions, manufacturers are offering innovative diaper designs that incorporate high polymer content for ensuring enhanced comfort and performance. Higher demand is anticipated from countries with rising levels of disposable incomes, as well as regions with considerably lower penetration rates for SAP. Feminine Hygiene Products segment represents a growing end-use market for SAP. The segment is expected to benefit from major technological advancements that are contributing to improved absorption in sanitary napkins, and hence contributing to the increased demand for SAP.
As stated by the new market research report on Super-Absorbent Polymers, emerging markets offer enormous potential for growth in the global super absorbent polymers market. Although the global financial crisis and subsequent decline in consumer spending affected the demand for SAP-based products, the market is witnessing steady growth driven by resurgent demand from emerging economies in Southeast Asia, South and Central America, and Eastern Europe. Consequently, leading producers in the market are surging ahead with high-scale capacity expansions to catch up with the potential demand.
Production capacity expansion projects are underway in China, Indonesia, Saudi Arab, and Japan lured by the vast potential in emerging markets. In Asia, China and India hold vast growth potential for the SAP market. China is currently a major SAP market in terms of existing growth rates as well as future growth potential. Due to the relatively limited presence of domestic SAP manufacturers, imports have played a major role to play in addressing the rising demand for SAP. India, on the other hand, is a major source of future growth for SAP-based products. Other regions offering huge potential include Latin America and the Middle East. Brazil presents enormous potential for SAP market across Latin America, while Turkey is expected to witness rapid growth among the Middle East nations.
Major players profiled in the report include BASF SE, Evonik Degussa GmbH, LG Chem Ltd., Nippon Shokubai Co. Ltd., Sanyo Chemical Industries Ltd., and Sumitomo Seika Chemicals Company Limited, among others.
The research report titled "Super-Absorbent Polymers: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, strategic industry activities, and profiles of major companies worldwide. The report provides market estimates and projections across geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia Pacific, Middle East, and Latin America. Key end-use segments analyzed include Disposable Diapers, Adult Incontinence Pads, Feminine Hygiene Products, and Others.
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