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A Business Plan For Super Absorbent Polymer | |
| Super Absorbent Polymer (SAP) is a type of polymer that has the ability to absorb and retain large amounts of liquid. SAP is frequently found in consumer goods such as diapers, feminine hygiene products, wound dressings, and agricultural applications. It's also used in industrial processes like water purification, chemical absorption, oil spill clean-up, and other chemical processes. SAP is a type of hydrogel, which is a polymer matrix made up of hydrophilic monomers that can absorb large amounts of water. When the monomers come into contact with water, they swell and form a gel-like substance. This gel has the ability to absorb up to 1000 times its own weight in water. It is also known for its non-toxicity and ability to slowly release the absorbed water. As a result, it is ideal for long-term water retention. Super Absorbent Polymer Applications Super absorbent polymers (SAP) have a wide range of applications in a variety of industries. Agriculture, papermaking, hygiene products, construction, medical and healthcare, packaging, and textiles are among the applications. • SAP is used in agriculture to improve crop water and fertiliser management. This can help farmers reduce the amount of water used for irrigation while also increasing yield by providing optimal plant hydration. SAP can also be used in soil amendments to absorb excess moisture and improve soil structure. • SAP is used in papermaking to retain liquid during the manufacturing process. It is also used as a size press agent, which aids in the uniform thickness of the paper. • The use of SAP benefits hygiene products such as baby diapers, adult incontinence products, feminine hygiene products, and pet diapers. It absorbs and holds liquids, keeping skin dry and comfortable. • In construction, SAP is used as an admixture in concrete to help control the water content of concrete mixtures. This improves the concrete's strength and durability while also reducing shrinkage and cracking. • SAP is used in wound dressings in medical and healthcare settings to draw moisture away from the wound and promote healing. • SAP is also used in textiles to improve fabric breathability and comfort. It aids in the removal of moisture from the body and keeps fabrics lightweight and breathable. Benefits of Super Absorbent Polymer SAP is highly absorbent and durable, making it an excellent choice for products requiring long-term hydration or protection. It can hold 400 times its weight in water, making it ideal for diapers, feminine hygiene products, and agricultural irrigation systems. It is also highly resistant to bacteria, mould, and other contaminants, allowing it to be used in a variety of applications where a clean and safe environment is essential. This makes it an excellent choice for medical devices, water treatment systems, and food packaging. SAP is also safe for the environment and does not contain any hazardous substances. As a result, it is an excellent choice for industries seeking to reduce their carbon footprint and make their manufacturing processes more sustainable. It is easily recyclable and can be reused without the need for new materials. Global Market Prospects The super absorbent polymers market is expected to be worth US$ 10.2 billion in 2023, rising to US$ 16.5 billion by 2033. During the forecast period, sales of super absorbent polymers are expected to grow at a significant CAGR of 5%. The use of superabsorbent polymers in the manufacture of hygiene and personal care products is expected to dominate the market. This is primarily due to the use of superabsorbent polymers in sanitary napkins, which have a high absorption capacity. Superabsorbent polymers account for approximately 30% of the materials used in diaper manufacturing, owing to the popularity of superabsorbent diapers. Asia-Pacific is the fastest growing region, owing to an increase in the healthcare sector and an increase in demand for diapers as the population grows. Oceania, Central and Southern Asia, and other regions are expected to increase their demand for diapers over the next decade, as their populations are expected to grow significantly. Conclusion The growing demand for SAP-based products has resulted in a boom in the manufacturing of these materials in recent years, with more companies looking to capitalise on the opportunities presented by this one-of-a-kind material. SAP is likely to continue playing a role in a variety of industries in the future with additional research and development. Key Players • Nippon Shokubai Co., Ltd • Evonik Industries AG • BASF SE. • Kao Corporation • Sumitomo Seika Chemicals Co. Ltd. • Sanyo Chemicals Industries, Ltd. • LG Chemicals Ltd • Yixing Danson Technology • Zhejiang Weilong Polymer Material Co., Ltd • Quan Zhou Banglida Technology Industry Co., Ltd. • Shandong Nuoer Biological Technology Co., Ltd. • Wanhua Chemical Group Co., Ltd • Sinofloc Chemical Ltd. • SNF (U.K.) Limited • Formosa Plastic Corporation • Songwon Industrial Co. Ltd. | |
| Plant capacity: Super Absorbent Polymer: 30,000 MT per Annum | Plant & machinery: 20 Cr |
| Working capital: - | T.C.I: Cost of Project: 49 Cr |
| Return: 30.00% | Break even: 45.00% |
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