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What is the future of Super Absorbent Polymers (SAP) Market? Know Covid Impact on Size, Share & Forecasts

 

 

AUG 04,2021 / IndustryNewsGlobal / The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Super Absorbent Polymers (SAP) Market .

 

Super Absorbent Polymers (SAP) Market  is likely to witness an impressive CAGR of 7.2% during the forecast period. The major factor driving the demand for super absorbent polymer (SAP) is the rise in awareness towards personal hygiene and eco-friendly products.

Super absorbent polymers are the polymers which can absorb large amount of liquid. They absorb water as much as 500 times its mass. Super absorbent polymers are widely used in personal hygiene products.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

Based on the product type, the market is segmented as sodium polyacrylate, polyacrylate / polyacrylamide, and copolymers. The sodium polyacrylate segment held the largest share of the market in 2020, and is expected to remain dominant  during the forecast period. Sodium polyacrylate is widely preferred for personal hygiene products and water absorbent applications as it is a super absorber of water.

Based on the application type, the super absorbent polymers (SAP) market is segmented as personal hygiene, agriculture, medical, industrial, packaging, construction, and oil & gas. The personal hygiene segment is the largest segment, as it is widely used in sanitary napkins, baby diapers, and protective underwear.

In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest-growing super absorbent polymers (SAP) market during the forecast period with India and China being the major countries with lucrative growth opportunities, owing to the growing population and awareness towards personal hygiene in the region.

Key Players:               

  • Nippon Shokubai
  • BASF SA
  • Evonik Industries
  • Sumitomo Corporation
  • LG Chem Ltd.
  • SDP Global Co., Ltd.
  • Formosa Plastics
  • Yixing Danson
  • Satellite Science & Technology Co., Ltd.
  • Kao Corporation.

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Super Absorbent Polymers (SAP) Market analysis report discusses the following heads in great detail:

  • Market structure: Overview, industry life cycle analysis, supply chain analysis
  • COVID-19 Impact Assessment
  • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
  • Market trend and forecast analysis
  • Market segment trend and forecast
  • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
  • Attractive market segments and associated growth opportunities
  • Emerging trends
  • Strategic growth opportunities for the existing and new players
  • Key success factors

 

 

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