Technavio says the Global Superabsorbent Polymer Market Will Grow in Response to Demand for Hygiene Products through 2019
May 20, 2015 | By Business Wire News
LONDON
Technavio has published a new report on the global superabsorbent polymer market, which is expected to grow at a CAGR of nearly 6% from 2015-2019.
About the Report
The new report by Technavio discusses superabsorbent polymers (SAP), which are used widely in baby diapers, adult incontinence products and feminine hygiene products. SAP products help keep the skin dry, reduce skin irritation caused by wetness and prevent the spread of infections.
“Globally, the need for hygiene products is on the rise because of the growing aging population and increased health consciousness. Superabsorbent polymers can also be used to replace traditional products like cotton, paper wadding, and cellulose fiber, which is expected to have a huge impact on the market,” says Faisal Ghaus, Vice President of Technavio.
The new market research report by Technavio also emphasizes the growing demand for bio-based materials because of environmental concerns. Bio-based gels are effective for agricultural practices, as they help retain moisture in drought but leave no residue in the soil once the gel disintegrates.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the global superabsorbent polymer market from 2015-2019. To arrive at the market share of the major vendors, the report considers revenue generated by these vendors from SAP products.
Key Information Covered in the Report:
- Key Vendors:
- BASF SE
- Evonik Industries
- Formosa Plastics Corp.
- LG Chem Ltd.
- Nippon Shokubai Co. Ltd.
- Market Growth Drivers:
- Increase in demand for hygiene products
- For a full detailed list, view our report.
- Market Challenges:
- Price volatility of acrylic acid
- For a full detailed list, view our report.
- Market Trends:
- Demand for bio-based material
- For a full detailed list, view our report.
Technaviocurrently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the polymer market:
If you are interested in more information, please contact our media team at media@technavio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150520005484/en/
Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44-208-123-1770
Media & Marketing Executive
www.technavio.com
media@technavio.com
