ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research has announced the release of a report titled “Superabsorbent Polymers Market (Sodium Polyacrylate, Polyacrylamide Copolymer and Others) for Baby Diapers, Adult Incontinence Products, Feminine Hygiene Products and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” This report states that growing at a CAGR of 5.5% from 2014 to 2020, the global superabsorbent polymers market will reach US$8.78 billion in 2020 from US$6.06 billion in 2013.
The global superabsorbent polymers market is mainly driven by industries engaged in paper packaging, wastewater treatment, agriculture, and manufacturing hygiene products. This market is segmented on the basis of product, application, and geography. Polyacrylamide copolymer and sodium polyacrylate are the two main forms of superabsorbent polymers. Based on application, the superabsorbent polymers market is categorized into adult incontinence products, baby diapers, feminine hygiene products, and others. Due to its non-toxic and highly absorbent properties, the fastest growing product segment in this market is that of Polyacrylamide copolymer.
Geographically, the global superabsorbent polymers market is segmented into the Asia Pacific, North America, Europe, and Rest of the World. The global superabsorbent polymers market is led by North America and is also expected to witness high growth rate in the years to come as well. The Asia Pacific superabsorbent polymers market which is primarily driven by Japan, China, Indonesia, and India will witness robust growth in the forthcoming years. The main challenge facing the global superabsorbent polymers market is the fluctuating prices of raw materials.
Some of the prominent players operating in the global superabsorbent polymers market are Sinopec Group, Evonik Industries AG, SDP Global Co. Ltd., NIPPON SHOKUBAI Co., Ltd., Mitsubishi Chemical Holdings Corp., Bayer AG, and Formosa Plastics Group.
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TMR is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.