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Super Absorbent Polymer Market Worth 7.96 Billion USD by 2020


News provided by

MarketsandMarkets

10 Dec, 2015, 09:30 GMT

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PUNE, India, December 10, 2015 /PRNewswire/ --

The report "Super Absorbent Polymer Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer , and Others), by Application (Personal Care , Agriculture, Medical, Industrial and Others ), by Region - Trends & Forecasts to 2020", published by MarketsandMarkets, The global Market is projected to be worth USD 7.96 Billion by 2020, registering a CAGR of 7.6% between 2015 and 2020.

Browse 81 Market Data Tables and 53 Figures spread through 135 Pages and in-depth TOC on "Super Absorbent Polymer Market".

http://www.marketsandmarkets.com/Market-Reports/super-absorbent-market-177336849.html
Early buyers will receive 10% customization on this report.

The global super absorbent polymer market is expected to reach USD 7.96 Billion by 2020. This growth is fueled by the high demand from Asia-Pacific, the Middle East & Africa, and Latin America and the ageing population in developed countries and the thinner diapers.

Personal Care: The major market for SAP 

Personal care is a major application for the SAP market. Super Absorbent Polymers (SAPs) are primarily used as an absorbent for water and aqueous solutions in diapers, adult incontinence products, feminine hygiene products, and similar applications. The market for diaper is the largest application for super absorbent polymers and hence driving the demand for polymer in the recent years.

Agriculture: The fastest-growing market for SAP 

The agricultural industry is the fastest-growing market for SAP The use of super absorbent polymers (SAP) is an established water conservation technique in agriculture and is widely used in different parts of the world. The growing population and increased demand for food in developing nations are the key factors driving the demand for the SAP market in agriculture application. The important application areas of agricultural SAP can broadly be categorized into gardening, horticulture, forestry, lawns, play grounds, and golf-course.

The U.S. and China accounted for more than 40% of the SAP market in terms of value in 2014 

China is the biggest market in the Asia-Pacific region and the U.S. is the largest end user and producer of super absorbent polymer market in the North American region. The U.S. and China are the largest consumers in their respective regions, and are expected to compete with each other to dominate the market by 2020, with advanced SAP materials for end users.

Request for Sample PDF: http://www.marketsandmarkets.com/pdfdownload.asp?id=177336849

In 2014, Asia-Pacific was estimated as the largest market for SAP with the largest share of the overall SAP market in terms of value. North America and Europe, together accounted for more than 40% of the global SAP market in terms of value in 2014. The SAP market in these regions is projected to increase substantially between 2015 and 2020, as the acceptance for these polymers is increasing in these regions.

Major players such as BASF SE, Nippon Shokubai Co. Ltd., and Evonik Industries AG., have adopted development strategies such as expansions, acquisitions, and product developments to achieve growth in the global SAP market.

This report includes the analysis of the market by value and volume for SAP and forecast for the market size till 2020. The report includes the market segmentation by type, application, and region. It also provides company profiles and competitive strategies adopted by the major market players in the global SAP market.

Browse Related Reports: 

Acrylic Acid Market & Its Derivatives by Applications, by Derivative Types (Esters/Acrylates - Methyl, Ethyl, Butyl, 2-EH, Polymers - Elastomers, SAP, Water Treatment Polymers, Other Derivatives) & Geography - Global Trends & Forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/acrylic-acid-market-683.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
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Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
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SOURCE MarketsandMarkets

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