Market Overview

The global super absorbent polymers market size is expected to reach USD 11.03 billion by 2022

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The global super absorbent polymers market size is expected to reach USD 11.03 billion by 2022

PR Newswire

LONDON, August 27, 2018 /PRNewswire/ -- Super Absorbent Polymers Market Size, Share & Trends Analysis Report By Application (Agriculture, Baby Diapers, Adult Incontinence Products, Female Hygiene Products), By Region, And Segment Forecasts, 2012 - 2022

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The global super absorbent polymers market size is expected to reach USD 11.03 billion by 2022, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 5.8% during the forecast period. Growing product usage in various industries apart from hygiene and personal care sector is a major factor driving the market.

Super absorbent polymers are used to absorb and retain fluid, thus they find major applications in the manufacturing of baby diapers.Declining product demand from the saturated regional markets such as North America and Europe may hinder industry growth.

However, high demand in the emerging economies of Asia Pacific and Central & South America, due to rapidly expanding baby diaper market, would drive the industry over the coming years.

Companies such as Unicharm Corp., SCA, and Procter & Gamble Home Products have started their production facilities and business operations in countries such as China and India. For example, in 2013, Kimberly-Clark Corp. started a new baby diapers manufacturing facility in China.

Further key findings from the study suggest:
• Baby diapers is the major application segment for super absorbent diapers. Rapidly growing baby diapers market in the emerging economies of Asia Pacific region is estimated to be on one of the key factor driving the market
• Modifications in the "one-child policy" by the Chinese government is projected to have a positive impact on regional as well as global market growth
• Rising awareness regarding adult incontinence products is expected to drive the demand for superabsorbent polymers
• Growing cases of inflammatory bowel disease and Crohn's disease are likely to play a vital role in shaping the global market.

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