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Market expected to grow nearly 6% annually from 2015-2019.
May 21, 2015
By: Tara Olivo
Associate Editor at Nonwovens Industry
Technavio has published a new report on the global superabsorbent polymer market, which is expected to grow at a CAGR of nearly 6% from 2015-2019. The new report discusses superabsorbent polymers (SAP), which are used widely in baby diapers, adult incontinence products and feminine hygiene products. SAP products help keep the skin dry, reduce skin irritation caused by wetness and prevent the spread of infections. “Globally, the need for hygiene products is on the rise because of the growing aging population and increased health consciousness. Superabsorbent polymers can also be used to replace traditional products like cotton, paper wadding, and cellulose fiber, which is expected to have a huge impact on the market,” says Faisal Ghaus, vice president of Technavio. The new market research report also emphasizes the growing demand for bio-based materials because of environmental concerns. Bio-based gels are effective for agricultural practices, as they help retain moisture in drought but leave no residue in the soil once the gel disintegrates. Additionally, the new study covers the present scenario and the growth prospects of the global superabsorbent polymer market from 2015-2019. To arrive at the market share of the major vendors, the report considers revenue generated by vendors from SAP products.
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