Category Intelligence on Super Absorbent Polymers covers the following
The global SAP demand is expected to grow at a CAGR of 5.3 percent Y-o-Y until 2022, mainly driven by APAC and MENA regions
The growing demand for disposable baby diapers is a key driver, which occupies about 75 percent of the global SAP demand
APAC will continue to be the net exporter of SAP, as buyers will rely on the supply of SAP from Japan, China, and Rep. of Korea until further capacity addition in Belgium during 2018
Market share of Super Absorbent Polymer supply: APAC: 63.2 percent, West Europe: 18.5 percent, North America: 13.4 percent, LATAM: 2.7 percent, Others: 2.2 percent. The top super absorbent polymer manufacturers are: Nippon Shokubai | Evonik Industries | BASF | Sumitomo Seika | San-dia Polymers. The challenges/opportunities in the superabsorbent polymers market are: Volatility of feedstocks, Negotiation power with suppliers, Increasing awareness on personal hygiene, and Improving demand from agriculture/medical applications. The key demand drivers of the super absorbent polymers market are Disposable baby diapers and Adult incontinence product.The super absorbent polymer price Drivers: Acrylic acid, Baby diapers, Adult incontinence.
The global SAP demand is expected to reach 3.2 MMT by 2022, mainly driven by the APAC region, which is expected to grow at a CAGR of 8 percent Y-o-Y until 2022. SAP demand will continue to be driven by the demand from disposable baby diapers, owing to the low penetration rate of diapers in the growing economies, such as China and India
SAP demand will continue to be driven by the demand from disposable baby diapers, owing to the low penetration rate of diapers in China, while adult incontinence will be the demand driver in Japan, owing to low birth rates and increasing aging population
Global demand for SAP is anticipated to grow at a CAGR of 5.6 percent Y-o-Y until 2022, mainly driven by the demand from disposable baby diapers, which constitutes over 70 percent of the global demand
Sufficient Capacity until 2022
Increasing Per Capita Disposable Income
SAP Supply Scenario and Capacity Expansions in the Future
SAP Downstream Demand Outlook
SAP demand will be mainly driven by the demand from disposable baby diapers from emerging nations, like China and India, as they are expected to witness a steady growth rate of about 15–20 percent in the future
Increasing overall annual disposable income in urban households, coupled with low penetration rate of diaper, is expected to drive the demand for super absorbent polymers in India and China.The raw material cost constitutes a major portion of the total super absorbent polymer production cost in all the regions. The difference in percentage is due to the variance in electricity rates and labor cost. The top super absorbent polymer manufacturers alone account for about 73-74 percent of the global installed capacity. All these suppliers have their presence in APAC, except Evonik Industries. Among the top five suppliers, Nippon Shokubai has expanded its capacity during Oct 2018 and Sumitomo Seika is expected to expand its capacity by Dec 2018.
The report consists of analysis of the super absorbent polymer market size, demand- supply analysis and trade dynamics of global and regional markets. It gives Porter’s five force analysis of North America, Europe and APAC markets. The report lists out super absorbent polymer industry drivers and constraints and gives the SWOT analysis of major suppliers like Nippon Shokubai, Evonik Industries, BASF SE, etc. It gives the cost structure breakdown and lists the best sourcing and contract models in the super absorbent polymer market.