Super Absorbent Polymer Market Overview:
Super Absorbent Polymer Market includes technological advancement, constant urbanization, and superior growth of agriculture sector. In personal care, the major market has been covered by disposable infant diapers and seeing the demand of this product, the global market can achieve a higher growth in near future. Additionally, the rising agriculture industry is also the major reason behind this massive growth. Geographically, North America is the leading market followed by Europe and APAC.
Low density cross linked super absorbent polymers have more absorbent capacity. The excellent absorbing qualities of finds its way into many end user industries such as personal care, building and construction, food packaging and others. The growing construction in the developing region throughout the globe coupled with the increasing demand from the agricultural sector are the major driver contributing to the market growth.
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Super Absorbent Polymer Market Key Players:
Super Absorbent Polymer are: NIPPON SHOKUBAI CO., LTD (Japan), SUMITOMO SEIKA CHEMICALS CO., LTD. (Japan), Yixing Danson Technology (China), BASF SE (Germany), Formosa Plastics Corporation (Taiwan), Kao Corporation (Japan), Evonik Industries AG (Germany), LG Chem (South Korea), SONGWON (South Korea), Sanyo Chemical Industries, Ltd. (Japan) among others.
Super Absorbent Polymer Market Regional Analysis:
Super absorbent polymer market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is expected to grow with the highest CAGR during the assessment period, (2018 to 2023) owing to expansion of numerous end use industries such as building & construction and agriculture among others. The demand for super absorbent polymer is expected to surge in the various countries of Asia Pacific such as China, India, Japan, Thailand, South Korea, and Malaysia on account of approval of large scale residential, commercial, as well as industrial construction projects. Moreover, rising number of working professionals along with increasing disposable income in emerging nations is predicted to drive the market growth. Furthermore, ease of availability of raw material, inexpensive labor & land cost, and rising development strategies to fulfil the demand for super absorbent in the rising applications are the important factors for the regional market growth.
Super Absorbent Polymer Market Competitive Landscape:
Super absorbent polymer Market is a highly lucrative market driven by flourishing demand for construction, healthcare products along with the increasing use in the agricultural sector. NIPPON SHOKUBAI CO., LTD (Japan), SUMITOMO SEIKA CHEMICALS CO., LTD. (Japan), Yixing Danson Technology (China), BASF SE (Germany) among others are some of the major players operating in this market. Most of these market participants are adopting the expansion and product launch tactics to strengthen their production capacities and market position. Taking account of these trends, the global super absorbent polymer Market is projected to witness considerable competition over the forecast period of 2018-2023.
Super Absorbent Polymer Market Table of Content:
1 Executive Summary
2 Scope of the Report
3 Market Research Methodology
4 Market Landscape
5 Industry Overview of Global Super Absorbent Polymer Market
Super Absorbent Polymer Market Table of Content to be Continue……,
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