India Superabsorbent Polymer Market Size, Share to Grow at a CAGR of 5.42% by FY2035 | ChemAnalyst


Posted January 19, 2023 by chemanalystreports

The Indian India Superabsorbent Polymer Market is likely to reach around 100 thousand tonnes by FY2035, at a CAGR of 5.42% during the forecasted period.
 
According to ChemAnalyst report, “India Superabsorbent Polymer Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, FY2015-FY2035”, The Indian India Superabsorbent Polymer Market is likely to reach around 100 thousand tonnes by FY2035, at a CAGR of 5.42% during the forecasted period. The end-use industries like Personal Care & Hygiene, Medical, and Others are anticipated to result in expansion of the India Superabsorbent Polymer Market in the upcoming years.
Super Absorbent Polymers are commonly made from the polymerisation of acrylic acid blended with Sodium Hydroxide in the presence of an initiator to form poly-Acrylic Acid Sodium salt. SAP has a cross-linked structure and a perfect material to use in items like infant diapers and nappies, incontinence products, and feminine hygiene pads and liners due to their ability to absorb liquids. It provides a number of benefits such as protection against skin irritations, keeping the skin dry, and prevention of infection transmission. High fluid absorbing capacity of Superabsorbent Polymers facilitates the use of female hygiene products for longer periods of time ensuring full comfort which contributes to the market expansion in India. Since cotton-based hygiene products are known to increase the risk of female infections and vaginal cancer, SAP is a better choice than cotton.

The India Superabsorbent Polymer Market is segmented based on end-use, sales channel, and region. Based on end-use, the India Superabsorbent Polymer market is segregated into Personal Care & Hygiene, Medical, and Others. The Personal Care & Hygiene industry captures the majority of the SAP market roughly 85% of market share by volume in FY2022, followed by the medical industry.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-superabsorbent-polymer-comprehensive-techno-commercial-market-32

Indian Superabsorbent Polymer market is segregated into four regions based on regional consumption: West, South, North, and South. West India has been leading among these regions during the years FY2015- FY2020 and held a market share of approximately 50% in FY2022. Currently, there is no domestic player for manufacturing Superabsorbent Polymer in the nation and all the demands are met purely by imports which gives an opportunity to the manufacturers in India to reduce the demand-supply gap. To fulfil the nation’s growing demand of SAP for personal hygiene items, Bharat Petroleum Corporation Limited (BPCL) is planning to enter the SAP Market by commissioning a 50 KTPA of plant at Kochi refinery. This plant is expected to be commissioned and operational by FY2026.

“India Superabsorbent Polymer Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, FY2015-FY2035” Major players catering the demand of Superabsorbent Polymer in India are Sumitomo Corporation Group, Aobang Imp.& Exp.Co.,Ltd, LG Chem Ltd, Itochu Group, Yixing Danson Science And Technology Co Ltd, and Others.

Read Full Report Here: https://www.chemanalyst.com/industry-report/india-superabsorbent-polymer-comprehensive-techno-commercial-market-32

“The rapidly increasing demand for Superabsorbent Polymer (SAP) due to its ability to absorb fluids which is employed to manufacture female hygiene products and baby diapers coupled with the high population growth rate in the nation is expected to boost the India Superabsorbent Polymer Market in the forecast period until FY2035. Due to the exceptional properties of Superabsorbent Polymer such as economical production, easy to manufacture, and has a high-fluid retention capacity makes them a suitable material to manufacture personal hygiene products which is anticipated to further expand in the forecast period. Currently entire demand of SAP is met via imports and no domestic player is in action. Bharat Petroleum Corporation Limited (BPCL) is planning to enter the SAP Market by commissioning a greenfield expansion which will be operational by FY 2026. Through the projection period, an increase in demand of SAP is anticipated to propel market expansion and present numerous opportunities for manufacturers to increase capacity in order to bridge the supply and demand gap in the country.”Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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Last Updated January 19, 2023