Super Absorbent Polymer Market (SAP) Growth at 7.6% CAGR Forecast to 2020 Propelled By Growing Technological Advancement

15 Dec, 2015, 03:30 ET from RnR Market Research

PUNE, India, December 15, 2015 /PRNewswire/ --

Global super absorbent polymer market is projected to reach USD 7.96 billion by 2020, registering a CAGR of 7.6% between 2015 and 2020. The usage of the thinner diapers is driving the consumption Sap market. Growing technological advancement globally is one of the key reasons for the growth of the SAP market. Agriculture is the fastest-growing market for super absorbent polymer.

Complete report on super absorbent polymer market spread across 135 pages, profiling 10 companies and supported with 81 tables and 53 figures is now available at http://www.rnrmarketresearch.com/super-absorbent-polymers-market-by-type-sodium-polyacrylate-polyacrylatepolyacrylamide-copolymer-others-by-application-baby-diapers-adult-diapers-women-sanitary-napkins-agriculture-oth-market-report.html .

The already established personal care market in the developed nations also hinders the growth of this market. Asia-Pacific accounts for almost more than half of the global SAP market owing to the rising investments by foreign companies, growing production facilities, and rise in living standards of people.

Personal care is the major application for the SAP market.  Super Absorbent Polymers (SAPs) are primarily used as absorbents for water and aqueous solutions in diapers, adult incontinence products, feminine hygiene products, and similar applications. The market for diaper is the largest end application for super absorbent polymer and hence driving the demand of the polymer in the recent years

The agricultural industry is the biggest market for SAP .The use of super absorbent polymers (SAP) is an established water conservation technique in agriculture and is widely used in different parts of the world. The growing population and increased demand for food in developing nations are the key factors driving the demand for the SAP market in agriculture application. The important application areas of agricultural SAP can broadly be categorized into gardening, horticulture, forestry, lawns, play grounds, and golf-course.

This study has been validated through primaries conducted with various industry experts globally. In the process of determining and verifying the global market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. In Tier 1 (34%), Tier 2 (33%), and Tier 3 (33%) companies. The interviews were conducted with various key people such as C-level (12%), Director Level (25%) and others (63%) operating in the super absorbent polymer market. The primary interviews were conducted worldwide covering regions such as North America (12%), Europe (12%) and APAC (63%) and RoW (13%).

The report also provides company profiles and competitive strategies adopted by the major players in super absorbent polymer market, such as BASF SE (Germany), Nippon Shokubai Co. Ltd (Japan), and Evonik Industries AG. (Germany). KAO Corporation, Formosa Plastics Corporation, LG Chem Ltd., SDP Global Co. Ltd., Sumitomo Seika Chemicals Co. Ltd., Songwon Industrial Co. Ltd., Yixing Danson Technology. Order a copy of Super Absorbent Polymer Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer and Others), by Application (Personal Care , Agriculture, Medical, Industrial and Others ), by Region - Trends & Forecasts to 2020 http://www.rnrmarketresearch.com/contacts/purchase?rname=162347 .

This report segments the SAP market comprehensively and provides the closest approximations of the revenue for the overall market and the sub segments across the different verticals and regions. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, and opportunities. This report will help stakeholders to better understand the competitor and gain more insights about the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, mergers and acquisitions.

Explore more reports on Materials & Chemicals Market at http://www.rnrmarketresearch.com/reports/materials-chemicals .

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