CHICAGO, August 4, 2015 /PRNewswire/ --
RnRMarketResearch.com adds Global and China Superabsorbent Polymers (SAP) Industry Report, 2014-2018 market research that says propelled by growth in global demand for hygiene products, the global superabsorbent polymers consumption totaled 2.13 million tons in 2014, up 7.14% year on year.
Complete report on superabsorbent polymers market spread across 92 pages, profiling 5 global companies, 11 Chinese companies and supported with 102 charts is now available at http://www.rnrmarketresearch.com/global-and-china-superabsorbent-polymers-sap-industry-report-2014-2018-market-report.html .
In 2014, the global superabsorbent polymers market capacity came to 3.119 million tons, up 11.8% from a year earlier, which was mainly distributed in China, Japan, the United States, Germany, and other countries and regions. Over the same year, China overtook Japan as the world's largest country in SAP capacity, accounting for 27.2% of the global total. Propelled by the growth in global demand for hygiene products, the global superabsorbent polymers market consumption totaled 2.13 million tons in 2014, up 7.14% year on year. Among them, China consumed 315,000 tons, up 18.0% from the previous year, a rise that was far higher than the global average. In future, driven by the factors including the implementation of the "Selective Two-child" Policy and the increase of ageing population, China's SAP consumption will further expand, with an estimated CAGR of some 20% during 2015-2018.
At present, the global superabsorbent polymers market manufacturers represent a high concentration, with more than 80% of SAP capacity in the hands of top 6 enterprises-EVONIK Industries, Nippon Shokubai, BASF, Sumitomo Seika Chemicals, SDP Global, and Yixing Danson Technology. Moreover, all major enterprises are still stepping up layout, continuously expanding projects and increasing market share. In addition to the above 6 top players, Chinese companies discussed in this research include Formosa Plastics Corporation, Zhejiang Satellite Petro-Chemical Co. Ltd. (002648), Yixing Danson Technology, BASF-YPC Company Limited, Shandong Nuoer Bio-Tech Co., Ltd., Quanzhou Banglida Technology Industry Co., Ltd., Zhejiang Weilong Polymer Material Co., Ltd, Shanghai Huayi Acrylic Acid Co., Ltd., Shandong Zhongke Boyuan New Material Technology Co., Ltd., Tangshan Boya Resin Co., Ltd. and Jinan Haoyue Absorbent Materials Co., Ltd. Order a copy of this 2015 superabsorbent polymers market research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=399801 .
EVONIK Industries, the world's biggest SAP producer, achieved an annual capacity of 570,000 tons of SAP through the end of 2014. In 2014, the company's third largest SAP plant-Saudi Arabia SAP Plant was put into operation, which would increase a further 80,000 t/a SAP.
As the world's second largest SAP manufacturer, Nippon Shokubai began in October 2014 to expand its SAP capacity in Himeji plant to 370,000 t/a; in May 2015, the company invested an extra EUR350 million in the expansion of acrylic acid and SAP capacity in Belgium, a move that helped increase an additional 100,000 t/a SAP.
Sumitomo Seika Chemicals, one of the major SAP manufactures worldwide, has factories in Japan, France and Singapore. In August 2014, the company co-funded a 59,000 t/a SAP plant in Yeosu. South Korea. The joint venture is to be put into operation in May 2016. In May 2015, Japans Himeji plant went into operation. By the end of 2016, the company's total SAP capacity will be very likely to reach 385,000 t/a.
Yixing Denson Technology, the largest SAP producer in China, boasted a capacity of 260,000 t/a SAP by the end of 2014. In 2015, the company has four 40,000 t/a production lines under construction, which are to be put into operation at the year end. At that time, the company will have 11 SAP production lines, with a total capacity of 420,000 t/a.
The Global and China Superabsorbent Polymers (SAP) Industry Report, 2014-2018 mainly focuses on the following:
- Supply and demand, regional structure, and competitive landscape of the global SAP market;
- Supply and demand, regional structure, and competitive landscape of China's SAP market;
- Supply and demand and development trend of acrylic acid in China;
- Market size, SAP demand, and development trend of China's major SAP downstream sectors including baby diapers, adult incontinence products , and feminine hygiene products;
- Operation and development in China of 5 global SAP companies;
- Operation and development strategy of 11 key Chinese SAP companies;
- Prediction of development trend in global and China SAP market, 2015-2018.
On the polymers market (http://www.rnrmarketresearch.com/reports/materials-chemicals/plastics/polymers ), RnRMarketResearch.com offers multiple newly published and relevant research titles:
2015 Market Research Report on Global Super Absorbent Polymer (SAP) Industry is a 154 pages market intelligence study supported with 116 tables and figures. Companies like Nippon Shokubai, Evonik, BASF, Sanyo Chemical, Sumitomo, Formosa Plastics Corporation, LG Chemical, Boya Shuzhi, Quanzhou BLD, Zhejiang Weilong, Demi Co.,Ltd, Zhejiang Satellite and Shandong Nuoer Bio-Tech are profiled in this super absorbent polymer market research available at http://www.rnrmarketresearch.com/2015-market-research-report-on-global-super-absorbent-polymer-sap-industry-market-report.html .
Super Absorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, & Others) & by Application (Baby Diapers, Adult Diapers, Women Sanitary Napkins, Agriculture, & Others) - Global Trends & Forecast to 2019: Spread across 244 pages, this research says global super absorbent polymer market is expected to grow at a CAGR of 5.5% from 2014 to 2019 to reach a value of $8.56 billion. The SAP used for baby diapers segment is growing at a CAGR of 5.2% and constitutes a significant part of the overall super absorbent polymer market. The market is expected to be pushed by bio-based SAP and increasing income levels, and rapidly growing baby diaper market in the emerging regions. Due to increasing population and income levels in Middle East, Africa and Asia-Pacific, especially in India and China, the emerging geographies are expected to register maximum growth. Companies like BASF SE, Evonik Industries AG, Formosa Plastics Corporation, KAO Corporation, LG Chem Ltd., Nippon Shokubai Co. Ltd., SDP Global Co. Ltd., Sumitomo Seika Chemicals Co. Ltd., Songwon Industrial Co. Ltd. and Yixing Danson Technology are profiled in this research available at http://www.rnrmarketresearch.com/super-absorbent-polymers-market-by-type-sodium-polyacrylate-polyacrylatepolyacrylamide-copolymer-others-by-application-baby-diapers-adult-diapers-women-sanitary-napkins-agriculture-oth-market-report.html .
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