Market Overview:
Super absorbent polymers are a special type of polymer that has the ability to retain and absorb water and other aqueous solutions. The absorbency of super absorbent polymer (SAP) depends on the cross-linkers used in the manufacturing of the gel. Low density cross linked super absorbent polymers has more absorbent capacity. The excellent absorbing qualities of finds its way into many end user industries such as personal care, building and construction, food packaging and others. The growing construction in the developing region throughout the globe coupled with the increasing demand from the agricultural sector are the major driver contributing to the market growth.
The global super absorbent polymer market can be segmented on the basis of type and end-user industry. Among the end user industry personal care is expected to be the dominant segment. The growing demand for super absorbent polymers in diapers, female hygiene products, adult incontinence products and similar application are significantly contributing to the growth of the segment. In addition to the, agriculture is expected to be the fastest growing segment during the forecast years.
Competitive Landscape:
The global Super Absorbent Polymer Market Size is a highly lucrative market driven by flourishing demand for contruction, healthcare products along with the increasing use in the agricultural sector. NIPPON SHOKUBAI CO., LTD (Japan), SUMITOMO SEIKA CHEMICALS CO., LTD. (Japan), Yixing Danson Technology (China), BASF SE (Germany) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Taking account of these trends, the global super absorbent polymer Market is projected to witness considerable competition over the forecast period of 2020-2027.
Complete Report Details @ https://www.marketresearchfuture.com/reports/super-absorbent-polymer-market-1336
Industry/ Innovation/ Related News:
30 May, 2017- Sumitomo Seika Chemicals co, Ltd, has decided to expand their super absorbent polymer production facilities in South Korea. They invested around 8 billion yen to increase their production capacity form 59000 ton per year to a total of 118000 tons a year. This expansion is expected to stable the supply of super absorbent polymer in Asia Pacific thereby adding to the market growth.
26 December, 2017- LG chem Ltd, is expected to increase their production capacity of acrylic acid and super absorbent polymer by the end of 2019. They South Korean company invested 300 billion dollar for the same. The production expansion is expected to increase the yield of super absorbent polymer form 100000 tons per year to 500000 tons per year. This expansion is anticipated to further surge the market of super absorbent polymers in the Asia Pacific region.
NOTE: Our Team of Researchers is Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact us:
Market Research Future
Email:
[email protected]
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312