GLOBAL SUPER ABSORBENT POLYMER (SAP) MARKET FORECAST 2019-2028

GLOBAL SUPER ABSORBENT POLYMER (SAP) MARKET FORECAST 2019-2028

  • September 2020 •
  • 247 pages •
  • Report ID: 5975588 •
  • Format: PDF
KEY FINDINGS
The global super absorbent polymer (SAP) market is estimated to project a CAGR of 5.95% in terms of volume, and 6.05% in terms of revenue, during the forecast period, 2019-2028. The increasing awareness regarding hygiene, growing emphasis on agricultural activities, and rising aging population in emerging economies, are set to fuel the global market growth.

MARKET INSIGHTS
Super absorbent polymer (SAP) is insoluble in water, and has the capacity to absorb liquids, keeping them trapped under extreme pressure.It turns liquid into gel.

The aging population across the globe is on the rise, which is anticipated to result in increased demands for hygiene products and healthcare services.The aging population thus becomes a growth driver in Japan, Europe, Thailand, China, Argentina, etc.

By 2050, one in six people across the globe is projected to be over the age of 65.The population aged above 80 is estimated to triple to 426 million in 2050, from 143 million in 2019.

The United Nations Population Fund (UNPF) projects declining fertility rates, increased life expectancy in the future, thus resulting in a rising population of people aged above 60. The developing countries house a growing aging population. The enhanced life expectancy is accredited to modern healthcare and sanitation awareness. Such factors are set to boost the demand for adult incontinence products. This, in turn, is predicted to drive the global super absorbent polymer (SAP) market.

REGIONAL INSIGHTS
The global super absorbent polymer (SAP) market, in terms of geography, is assessed across North America, Asia Pacific, Europe, and the rest of the world.The region of Asia Pacific is anticipated to be the dominating and leading region in the global market, both in terms of volume and revenue, by 2028.

The increasing consumption of personal hygiene products and the rising disposable incomes contribute to the market value and growth of the Asia Pacific.

COMPETITIVE INSIGHTS
The market is evaluated to be consolidated, with the top five players accounting for 75% of the market. Some of the major market players in the market include, LG Chem Ltd, Evonik Industries AG, Sanyo Chemical Industries Ltd, Basf SE, Kao Corporation, etc.

Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

Companies mentioned
1. BASF SE
2. EVONIK INDUSTRIES AG
3. KAO CORPORATION
4. LG CHEM LTD
5. SANYO CHEMICAL INDUSTRIES LTD
6. SUMIMOTO SEIKA CHEMICALS CO LTD
7. NIPPON SHOKUBAI CO LTD
8. XITAO POLYMER CO LTD
9. YIXIN DANSON TECHNOLOGY
10. ZHEJIANG SATELLITE PETROCHEMICAL CO LTD
11. CHASE CORP
12. CHEMTEX SPECIALITY LTD
13. SONGWON