Press Release

Disposable Diapers Segment is Expected to Dominate the Super Absorbent Polymer Market Until 2024

Growing awareness pertaining to personal hygiene and changing lifestyle are driving the global super absorbent polymer market during the forecast period

According to TechSci Research report, Global Super Absorbent Polymer Market By Raw Material Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2024, Global super absorbent polymer market is anticipated to grow at CAGR of over 5% during the forecast period on account of growing demand for the segment due to its application in various end user industries for applications such as female hygiene, disposable diapers, among others. Moreover, increasing population and growing need for environment friendly and non-toxic material for diapers and sanitary pads, are positively impacting the growth of the market until 2024.

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Global super absorbent polymer market can be segmented based on raw material type, application and region. In terms of application, disposable diapers dominated the market in 2018 and the trend is likely to continue in the forthcoming years as well. This is due to the increasing birth rate, increasing geriatric population and increasing disposable income. Another factor that is positively influencing the growth of the polymer is increasing awareness pertaining to personal hygiene.

Asia Pacific is the leading region in the global super absorbent polymer market owing to booming e-commerce industry, changing lifestyle and growing demand from developing economies such as China, India, among others.

Nippon Shokubai Co., Ltd., BASF SE, Evonik Industries AG, Sanyo Chemical Industries Ltd., LG Chem Ltd., Sumitomo Chemical Co. Ltd., Formosa Plastics Corporation, Yixing Danson Technology Co., Ltd.,          Kao Corporation, Zhejiang Satellite Petro-Chemical Co. Ltd., among others are key players operating in the global super absorbent polymer market. Key players operating in the market are strategies such as introduction of several brands, investment in research & development so as to increase their share in the market.

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“On account of growing awareness related to water retention properties of super absorbent polymer, there has been an ongoing shift from the traditional hygiene products to super absorbent polymer-based diapers and female hygiene products. Additionally, increasing consciousness about the personal hygiene, surging water-borne diseases and changing lifestyle choices are contributing to the growing popularity and utilization of sanitizers, tissues, among others.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Super Absorbent Polymer By Raw Material Type, By Application, By Region, By Company, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of global Super Absorbent Polymer market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global super absorbent polymer market.

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