Global Super-Absorbent Polymers (SAP) market is projected to reach 1.49 million metric tons by 2010. Healthy growth in the market is buoyed by growing demand from emerging markets and applications.
San Jose, CA (PRWEB) July 26, 2007 -- A rapidly aging population and growing health awareness among consumers comprise key macro economic factors contributing towards higher demand for SAP products. Biodegradable SAP is expected to have a profound impact on market growth in future. In Asia, China and India hold vast growth potential for the Super-Absorbent Polymers market. China is currently a major SAP market, both in terms of existing growth rates, and future growth potential. Lured by the vast potential of the market, several foreign players are setting up production plants, or undertaking large-scale capacity expansions in China. Other regions displaying strong demand include South America and the Middle East.
United States and Europe represent the largest markets with a combined share of 58% in 2007, as stated in a recent report published by Global Industry Analysts, Inc. United States super-absorbent polymers market is projected to reach 419 thousand metric tons by 2010. Asia-Pacific, Middle East, and Latin America represent the markets with enormous potential. A rapidly aging population and growing health awareness among consumers comprise key macro economic factors contributing towards higher demand for SAP products. Asia-Pacific market for super-absorbent polymers is projected to reach 207 thousand metric tons for 2010.
Disposable diapers continue to remain the largest end use market for SAP, accounting for over 76% of global SAP sales for 2007. Adult incontinence pads represent the second largest end use market. SAP market for adult incontinence pads is portended to reach 155 thousand metric tons by 2010. In United States, use of SAP in Feminine Hygiene Products is estimated at 17 thousand metric tons for 2007. Technological advancements associated with SAP further facilitate expansion of end-use applications. Global technical super-absorbents market is projected to cross 104 thousand metric tons by 2010.
Major players dominating the market comprise BASF, Degussa, and Nippon Shokubai. The three companies account for more than 80% of the global Super absorbent Polymers market. Other prominent players include Sumitomo Seika and San-Dia Polymer.
The report titled "Super-Absorbent Polymers: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive insight into the global SAP demand, review of price trends, market trends, application markets with high growth potential, and industry growth drivers. The report profiles leading players operating in the global and regional markets along with current SAP capacity, and their expansion projects under way. The new analysis also encapsulates recent strategic corporate activity and product introductions/innovations of leading market participants.
For more details of this research report please visit www.strategyr.com/MCP-2145.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
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