Lewes, DE -- (SBWire) -- 01/19/2017 --Report forecast the global superabsorbent polymers market to grow at a CAGR of 5.23% during the period 2016-2020.
SAPs are sodium polyacrylate cross-linked polymers. These polymers have the unique ability to absorb and retain large volumes of water. SAPs are produced by meticulous crosslinking of polyacrylate with suitable additives. The global SAP market relies largely on polyacrylate for the production of SAPs. When acrylic acid is polymerized with further crosslinking, super absorbent polyacrylates are produced. They are also known as hydrogels. SAPs have characteristic features of hydrophilicity, biocompatibility, high absorption capacities, swelling, and de-swelling.
The report covers the present scenario and the growth prospects of the global superabsorbent polymers market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the key five vendors operating in the market.
The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW
According to the report, one driver in the market is agriculture sector: Promising end-user for SAPs. Around the world, the arid and semi-arid regions are facing water scarcity, finding it difficult to tend to population expansion and increasing economic activities. The regions that are most affected by water scarcity are the Middle East, Sub-Saharan Africa, and the Indian subcontinent. The water crisis is expected to worsen by 2025. The demand for water for uses other than basic necessities is growing rapidly, while the water available for potential use for future is drastically reducing. In addition, inadequate and uncertain rainfalls are adding to the woes of agricultural producers.
Further, the report states that one challenge in the market is development of bio-based SAP is still at nascent stage. SAPs are manufactured by crosslinking polyacrylates that are obtained by polymerization of acrylic acid, a petrochemical derivative. Stringent environmental regulations have been put in place in recent years because of growing environmental concerns about the use of petrochemicals. It is also a matter of concern that non-renewable sources are depleting at a rapid rate. This is forcing manufacturers to shift toward bio-based alternatives. However, the research in the area of bio-based SAPs is still at a nascent stage. These regulations are expected to hinder the market globally, especially in the US and Europe. Acrylic acid is also known to be a potential threat to organisms and the environment and causes abiotic effects. To combat this, the US Environmental Protection Agency (EPA) has passed the Clean Air Act, Toxic Substances Control Act (TSCA), and Emergency Planning and Community Right-to-Know Act (EPCRA).
Global Superabsorbent Polymers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global superabsorbent polymers market: BASF, Evonik Industries, LG Chem, Nippon Shokubai, and Sanyo Chemical Industries.
Other Prominent Vendors in the market are: Chemtex, Formosa, Plastics, Sumitomo Seika Chemicals, Kao, Multisorb Technologies, SONGWON, Yixing Danson Technology, and Zhejiang Satellite Petro Chemical.
Market driver
- High demand for diapers from infant population.
- For a full, detailed list, view our report
Market challenge
- Development of bio-based SAP is still at nascent stage.
- For a full, detailed list, view our report
Market trend
- Rise in demand for bio-based polymers.
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 64 pages and 44 Exhibits "Global Superabsorbent Polymer Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by type, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
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