The Global Super absorbent Polymer Market is expected to grow at a CAGR of 5% during the forecast period, to reach a value of $8.76 billion. North America is the largest market for super absorbent polymers and this region is expected to witness moderate growth during the forecast period. Asia Pacific region is likely to be the fastest growing region, expanding at a CAGR of 5.6% between 2015 and 2020. Demand for super absorbent polymers in Europe is also anticipated to witness moderate growth due to the mature market for baby diapers and female hygiene products in the region.
Expansions and new investments for SAP plants in the recent past indicates that the industry is on its way to expand globally and as a result, global SAP suppliers are strengthening their presence in emerging markets. Along with these factors, the growing diaper industry will also continue to drive the demand for SAP. However, the SAP industry will have to overcome challenges, such as the availability and price volatility of raw materials and changing health regulations, in order to meet the increasing demand from the growing diaper industry.