Developing Markets to Stimulate Growth in the Global Super-Absorbent Polymers Market, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Super-Absorbent Polymers markets. Global market for Super-Absorbent Polymers is projected to reach 2.2 million metric tons by 2020, driven by demand from new end-use applications and the continuous rise in demand for SAP-based products in emerging markets.
San Jose, California (PRWEB) August 04, 2014
Follow us on LinkedIn – Super-absorbent polymer (SAP), a granular material with exceptional ability to absorb aqueous solutions, is widely used in hygiene products such as diapers and feminine hygiene products. In addition, SAP finds use in agriculture, entertainment, personal care, and construction industries. Aging global population and expanding population of infants across the world are major demand generators for SAP in hygiene products. Technology advances are also facilitating use of super-absorbent polymers in an expanding range of end-use applications. Specifically, biodegradable super-absorbent polymers are expected to have a profound impact on future demand prospects. Price fluctuations and availability of raw materials, as well as changing healthcare regulations represent challenges to market growth.
As stated by the new market research report on Super-Absorbent Polymers, the United States represents the largest market for super-absorbent polymers worldwide. In developed countries, expanding elderly population is a major growth driver. Growth in these markets is higher, owing to higher levels of awareness over hygiene and greater willingness to spend on related products. Asia-Pacific, Middle East & Africa, and Latin America are forecast to emerge as rapidly growing markets in the coming years. The Middle East is poised to grow at the fastest compounded annual rate of 10.2% over the analysis period. Population growth, changing demographic structure, and rising income levels are all driving demand for SAP-based products, specifically diapers and feminine hygiene products in the region.
Baby disposable diapers constitute the largest end-use segment in the global SAP market. Rising demand for disposable baby diapers in a convenience-driven world is a major contributor to the high demand for SAP. In the coming years, demand for super-absorbent polymers in baby diapers segment will be driven by expanding baby population in emerging nations, rising affluence and purchasing power of people, and the shift towards bio-based SAP. In particular, economic powerhouses such as China and India will register strong growth in demand for SAP-based baby diapers. Adult incontinence products represents another major end-use of super-absorbent polymers. With rising life expectancies particularly in developed economies, demand for adult incontinence products is witnessing strong gains. In particular, Japan is registering strong demand for SAP from adult diapers market, due to the country’s aging population.
Major players covered in the report include BASF SE, Evonik Industries AG, Formosa Plastics Corporation LG Chem Ltd., Nippon Shokubai Co. Ltd., Sanyo Chemical Industries Ltd., Songwon Industrial Co. Ltd., Sumitomo Seika Chemicals Company Limited, and Yixing Danson Technology, 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 market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Middle East, and Latin America (Brazil and Rest of Latin America). End-use segments analyzed include Disposable Diapers, Adult Incontinence Pads, Feminine Hygiene Products, and Others.
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Super_Absorbent_Polymers_SAP_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
For the original version on PRWeb visit: http://www.prweb.com/releases/super_absorbent_polymers/disposable_diapers_market/prweb12068702.htm