Superabsorbent Polymer Market to Expand at 5.7% CAGR up to 2024 | Evonik, BASF, LG Chem, Formosa Plastics Group and 8 Other Companies Profiled

Tuesday, October 9, 2018 General News
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According to new growth forecast report by Global Market Insights, Inc., China Superabsorbent polymer market is expected to surpass revenue of over USD 1 billion by 2025 as the country has achieved significant economic growth which has subsequently increased spending capacity of people.

SELBYVILLE, Del., Oct. 09, 2018 /PRNewswire-PRWeb/ -- Superabsorbent Polymer Market from baby diapers application segment

accounted for nearly 70% share owing to incessant rise in birth rate along with increase in baby hygiene awareness.

Report predicts the global superabsorbent polymer market demand will surpass USD 9.5 billion by 2025. Significant growth in hygiene industry has been driving the demand for SAP market. Rising health awareness and growing disposable income of people in emerging economies such as Asia Pacific have been contributing to the demand for hygiene products.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2879

Superabsorbent polymer industry from medical application will witness around 7% CAGR throughout the forecast period owing to increasing use of product in wound care dressing, and surgical pads. Moreover, technological advancements to manufacture antimicrobial and chronic wound dressing products will fuel the superabsorbent polymer market throughout the forecast period.

Diseases resulting from poor hygiene conditions is rising significantly in developing countries. Some diseases include pneumonia, hepatitis A, scabies, and gastroenteritis, which are caused by bacterial, viral, and parasitic invaders. Increasing number of such diseases is raising concerns in society and leading to adoption of appropriate hygiene conditions and habits in developed as well as developing countries. Growing incidence of these diseases has led to increased use of diapers, adult contingence and sanitary napkins which will further propel superabsorbent polymer market during forecast period.

Furthermore, superabsorbent polymer finds applications in wastewater treatment and paper packaging, which is also expected to add to the demand for these polymers in the market. Driven by such wide applications, the market is expected to witness significant growth throughout the forecast period.

Browse key Superabsorbent polymer market insights from the 2018 report spread across 190 pages offering 278 market data tables as well as 20 figures & charts along with the table of contents: https://www.gminsights.com/industry-analysis/superabsorbent-polymers-sap-market

Superabsorbent polymer includes polyacrylamide copolymers and sodium polyacrylate. The other niche product segment includes polysaccharides, polyvinyl alcohol, etc. Among all, sodium acrylate will hold nearly 60% of the entire market throughout the forecast span. Rising demand for product from industrial and commercial sectors for various applications including coatings, sequestering agents in detergents, etc. has been driving the demand for sodium polyacrylate.

Superabsorbent polymer market from medical application will witness around 7% CAGR throughout the forecast period owing to increasing use of product in wound care dressing, and surgical pads. Moreover, technological advancements to manufacture antimicrobial and chronic wound dressing products will fuel the market in the forecast period.

Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2879

Browse Related Reports: Linear Low Density Polyethylene (LLDPE) Market Size By Application (Films, Injection Molding, Rotomolding), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024. Global Linear Low Density Polyethylene Market size was above USD 37 billion in 2015 with gains at over 6% to exceed USD 60 billion by 2024. Read more at https://www.gminsights.com/industry-analysis/linear-low-density-polyethylene-LLDPE-market

Isoprene Rubber Latex (IRL) Market Size By Application (Medical Gloves, Medical Balloons & Catheters, Condoms, Adhesives), By End-user (Medical, Consumer Goods, Industrial), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2025. Isoprene Rubber Latex (IRL) Market size crossed at over US$200 mn in 2017 and is anticipated to grow by a CAGR of around 7% reaching USD 340 million by 2025. Increasing demand for medical gloves will be the chief factor driving the isoprene rubber latex market growth during the forecast timeframe. The product is used as a substitute to natural rubber latex in the manufacturing of medical gloves. Read more at https://www.gminsights.com/industry-analysis/isoprene-rubber-latex-irl-market

About Global Market Insights Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

SOURCE GLOBAL MARKET INSIGHTS, INC



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