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New Revenue Pockets in Super Absorbent Polymers Market
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.
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.
North America, Europe, and Asia-Pacific dominated the super absorbent polymer market in 2013 and accounted for over 75% of the market. The developed regions dominate the SAP market due their mature markets which consist of hygiene conscious and high-spending population. On the other hand, Middle East, Africa is expected to witness the fastest growth rate by 2019. The market in this region is experiencing increased in baby diapers penetration rate, high disposable incomes, and population pyramids
Consumers are demanding for better comfort and convenience in diaper products. Fluff-less diaper are new in market and gaining great demand worldwide. Besides, ageing world population, increasing disposable income and population pyramids, bio-based SAP, increasing awareness of hygiene are going to be the key growth drivers for future of super absorbent polymer business.
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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