23-Feb-17 Super absorbent polymer is used in the manufacturing of baby diapers and later its scope got expanded in many other applications such as adult incontinence products, feminine hygiene products, agriculture products and many more owing to its characteristics features such as high water absorption and retention capacity. Due to these reasons, super absorbent polymer products are expected to have a significant demand in the near future, as per Future Market Insights. Many technological advancements and tests have also been performed over super absorbent polymer during the years. These have resulted in more efficient permeability and gel conductivity for the polymer.
There are two major types of super absorbent polymer product which have been covered in this report: sodium polyacrylate and polyacrylamide co-polymer. Some others include Ethylene-maleic anhydride co-polymer, polyvinyl alcohol co-polymer, and starch grafted polymers.These product type are used in the manufacture of diapers and other hygienic products. Moreover, with 63.8% global super absorbent polymer volume share, sodium polyacrylate was the largest product segment for super absorbent polymer market in 2014. Due to characteristic features of polyacrylamide co-polymer such as its nontoxic nature and high water absorbency capacity, it is expected to grow at a comparatively higher CAGR of 5.6%, during the forecast period, 2015 and 2020. The demand for polyacrylamide co-polymer is expected to be driven chiefly by strong demand from the agriculture, construction and waste material treatment industry.
Considering the application aspects of super absorbent polymer, the disposable diapers industry accounted for the largest market share with 74.3% of the global super absorbent polymer value share in 2014. Moreover, it is also anticipated to grow at a significant CAGR owing to increasing demand for baby diapers chiefly from developing countries coupled with increase in the population of infants globally. Countries such as China, India, Indonesia and many other developing nations are driving the growth for the baby diapers in the Asia Pacific and Latin America region. The global super absorbent polymer disposable diapers industry accounted for US$ 5,320.8 Mn in 2014, and is anticipated to reach a value of US$ 7,770.3 Mn by 2020, growing at a CAGR of 4.0% during the forecast period. This depicts the demand for disposable diapers, which is further likely to boost the demand for super absorbent polymer in the market in the coming years. This section analysis each segment in terms of value and volume.
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