The ability of Superabsorbent Polymers to absorb or retain more than 10 times their own mass of water or aqueous solution keeps them in high demand. These materials allow the skin to be dry and prevent infections; this advantage scores huge demand from the hygiene product manufacturers all across the globe. As compared to the current statistics, the Global Superabsorbent Polymers Market shall generate larger number of sales and revenue in the near future. The forecast period 2015-2020 shall be a high growth year for the overall market mainly owing to the increase in usage of hygiene products.
MARKET TRENDS & MARKET GROWTH:
According to IndustryARC, Global Superabsorbent Polymers Market is estimated to reach 2.6 Million Metric Tonnes in Volume by 2020 driven by the accelerated growth of its end-user applications such as baby care, adult care and feminine care.
Regionally, Superabsorbent Market in APAC region is growing at a fastest rate and is estimated to grow at 5.8% from 2015 to 2020. And, North America is the largest market for this market followed by Europe which accounts for more than 25% of the total geographical market.
Segment brief, the Baby Care Industry in the Global Superabsorbent Market had accounted for more than 70% share of the overall market in 2014.
Market Driving Factors:
Increasing hygiene awareness among the individual is driving the Global Superabsorbent Polymers Market. Additionally, rising urban population paired with improved quality diaper products is further increasing the demand for super absorbent polymers substances in the global market. Increasing disposable income especially in the developing countries such as India and China, where people are investing more on hygienic products is further boosting the demand of superabsorbent polymers products in these markets.
This study analyzes, estimates, and forecasts the global superabsorbent polymers (SAP) market from the demand perspective in terms of...