This report covers the analysis and forecast of the superabsorbent polymer (SAP) market for agriculture on a global and regional level. The study provides historic data of 2014 along with forecast between 2015 and 2023 based on volume (kilo tons) and revenue (US$ Mn).
The study provides a decisive view of the superabsorbent polymer market for agriculture by segmenting it based on regional demand. Regional segments have been analyzed based on current trends and future potential. The market has been estimated from 2015 to 2023 in terms of volume (kilo tons) and revenue (US$ Mn). Regional segmentation includes the current and forecast demand for North America, Europe, Rest of Asia Pacific, Latin America, and Middle East and Africa. These have been further sub-segmented into countries and regions with relevance to the market. Segmentation also includes demand for individual applications in all regions.
The study covers the drivers and restraints governing the dynamics of the market along with their impact on demand during the forecast period. Additionally, the report includes potential opportunities in the superabsorbent polymer market for agriculture on the global and regional level.
We have included a detailed value chain analysis to provide a comprehensive view of the superabsorbent polymer market for agriculture. Analysis of Porter’s Five Forces Model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein applications have been benchmarked based on their market size, growth rate, and general attractiveness for future growth.
The market has been forecast based on constant currency rates. Prices of superabsorbent polymer vary in each region and are a result of the demand-supply scenario in the region. Hence, a similar volume-to-revenue ratio does not follow for each individual region. Regional average price has been considered while breaking down the market into application segments in each region.
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The report provides the size of the superabsorbent polymer market for agriculture in 2014 and the forecast for the next eight years up to 2023. Numbers provided in this report are derived based on demand generated from different regions. Market dynamics prevalent in North America, Europe and Asia Pacific have been taken into account for estimating growth of the global market.
Market estimates for this study have been based on volume, with revenue being derived through regional pricing trends. Revenue has been forecasted based on constant currency rates. Demand for superabsorbent polymer in agriculture has been derived by analyzing global and regional trends of superabsorbent polymer application. Prices for different applications considered in the study are based on average price for superabsorbent polymer in different regions as received from quotations. We have used the top-down approach to estimate the global superabsorbent polymer market for agriculture. The regional split of the market has been derived using the top-down approach for each country separately. Drop in feedstock prices in the current year has been accounted for in the study. Price correlation of superabsorbent polymer, acrylic acid (feedstock), and polypropylene (upstream product) has been considered to project revenue forecast.
Key market players profiled in the report include BASF SE, Evonik Industries, LG Chem Ltd., Sumitomo Seika Chemicals Co., Ltd., NIPPON SHOKUBAI Co., Ltd., and Songwon Industrial Co., Ltd. Company profiles include attributes such as business overview, financial overview, business strategy, and recent developments.
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