Sodium Polyacrylate Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 - 2025
Sodium polyacrylate is one of the more commonly used chemicals in daily life as well as in industrial processes. Sodium polyacrylate, for instance, is a common adsorbent material that is used in detergents, artificial snow, and diapers. It is known to absorb nearly 300 times its original mass in certain types of liquids. It can also show a cooling effect after it has absorbed enough volume of water. Another advantage of using sodium polyacrylate is the air throughput that can be given to an absorbent mixture. It is commonly known across industries as well as individual uses as waterlock. Its discovery can be traced back to as far as the early 60s by the U.S. Department of Agriculture and is known to be one of the first polymer materials classified as a super absorbent.
Sodium polyacrylate as well as its various derivatives hold a wide array of residential, commercial, and industrial uses. Apart from being extensively used as a sequestering agent in detergent, it can also be used as a thickening agent in gels meant for hair styling. They are also found in coatings meant for waterproofing. Apart from its use in baby diapers, sodium polyacrylate is also widely used by NASA astronauts in their Maximum Absorbency Garments. It is also used in a mixture used for plants in containers as potting soil. The chemical is also used in frozen gel packs that can be reused.
The global sodium polyacrylate market is expected to grow at a progressive rate in the next few years, thanks to the rising number of industrial applications. The focus of leading players on increasing the number of applications is likely to encourage the growth of the sodium polyacrylate market in the near future. High demand from detergent and cosmetics industries is one of the key factors likely to supplement the growth of the market in the next few years.
The research study offers an in-depth analysis of the global sodium polyacrylate market, proving information related to the major factors that are predicted to supplement the growth of the sodium polyacrylate market in the near future. The promising opportunities, latest trends, and limitations in the global market have been discussed in the research study in order to offer a clear picture of the market. Furthermore, a thorough overview of the competitive scenario of the market has been provided, along with a detailed list of the key players operating in the market.
The tremendously growing demand for super absorbing polymers across the globe is one of the vital reasons, anticipated to fuel the growth of the global sodium polyacrylate market in the coming years. In addition, the growing focus of key players on technological advancements and innovations are some of the other factors predicted to accelerate the growth of the sodium polyacrylate market. The rising demand from the healthcare and personal care sectors is likely to boost the demand for sodium polyacrylate market in the forecast period.
From the geographical perspective, the global sodium polyacrylate market has been categorized in order to provide a strong understanding of the market. As per the research study, Asia Pacific is projected to lead the global sodium polyacrylate market, registering a massive share in the next few years. The rising demand for personal care products and a significant rise in the healthcare applications are some of the key factors projected to encourage the growth of the Asia Pacific market in the next few years. In addition, the rising demand for super absorbing polymers, especially in China, India, Malaysia, Thailand, and Indonesia is estimated to fuel the market’s growth in the near future.
Furthermore, North America and Europe are expected to witness steady growth throughout the forecast period. The expansion of application base is projected to offer promising opportunities for market players in the next few years. The predicted growth rate of each segment has been provided in the scope of the research study.
Some of the leading players operating in the global market for sodium polyacrylate are RSD Polymers Pvt Ltd. and BASF. In the coming years, several new players are anticipated to enter the market, thus strengthening the competitive scenario of the global market. Company profiles of the leading players have been provided, along with their key business strategies in the scope of the research study.
The study presents a granular assessment and quantitative evaluation of:
The region-wise assessment includes market dynamics in:
The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.
The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:
Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.
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