Global super absorbent polymer market to be worth US$8.9 bln by 2022

02-Mar-16
Global super absorbent polymer market is estimated to be worth US$8.9 bln by 2022, registering a CAGR of 3.31% between 2017 and 2022 according to new research report. Super absorbent polymer is a polymer material produced by partial cross-linking of water soluble polymers which turns into insoluble and hydrophilic properties. It is mainly used in hygiene products such as baby diapers, women’s sanitary pads, and adult diapers. The consumption of super absorbent polymer increases from 1994800 tons in 2011 to 2761400 tons in 2015, at a CAGR of more than 8.47%. In 2015, the global super absorbent polymer market is led by China. Europe is the second-largest region-wise market. At present, the major manufacturers of super absorbent polymer are concentrated in Nippon Shokubhai, Evonik Industries, Sumitomo Seika, BASF SE and Danson Technology. Nippon Shokubhai is the world leader, holding 21.53% sales market share in 2015. Currently, Asia-Pacific is the largest market for super absorbent polymer, accounting for more than half of the global market size, by value, in 2015. Among all the countries, China dominates the super absorbent polymer market in 2015, closely followed by Japan. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins
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