Sodium polyacrylate, or waterlock as it is commonly known, is a polymer of polyacrylic acid. It is a widely used super-absorbing polymer. As the name ‘waterlock’ suggests, the compound has the ability to absorb several hundred times of its mass in water as well as other liquid mixtures. It is not a naturally-occurring polymer and is manufactured synthetically. It is widely used in consumer products and in the industrial sector as a binding agent, emulsion stabilizer, film former, and viscosity-controlling agent.
It was first developed by National Aeronautics and Space Administration (NASA) about 50 years ago and was used in diapers that astronauts could wear while they were on long space trips. Since then, several other uses of the polymer have been discovered. For example, agriculture grade sodium polyacrylate is used to water the plants in an efficient manner. When plants need water, their roots move closer to the polymer and absorb water from it. Sodium polyacrylate is commonly used in sanitary products such as baby diapers and pet pads. It is employed as a thickening agent in consumer products such as hair gels, upholstery, carpets, and paints. It is also used as a thickening agent in the medical industry for different medical gels. One of its interesting applications is in the coatings industry. Electric wirings are provided with coatings containing sodium polyacrylate so as to make them waterproof. Sodium polyacrylate absorbs water or moisture before it reaches electric wires. Similar uses include anti-flood bags, ice-bags, and artificial snow. One of its recent applications is in the building sector, where it can be used as an internal sealant in chemical-based materials. According to its usage, the global sodium polyacrylate market can be segmented by the type of its application, namely as a water-absorbent, thickening agent and water-repellent.
While sodium polyacrylate has several advantages, there are also a few limitations associated with the polymer. For example, it can be highly toxic when inhaled or ingested. It can also cause mild irritation to skin, eyes, and respiratory tract. In 1985, use of sodium polyacrylate in tampons was stopped, as it caused unacceptable levels of irritation to women. However, in total, advantages of the polymer significantly outweigh its drawbacks.
Various industries wherein sodium polyacrylate is used (for example, medical, sanitary, agriculture, consumer products, coatings, building materials, and electrical), are expanding at a significant rate. Due to this, the global sodium polyacrylate market has also been expanding at a significant pace. The trend is expected to continue in the next few years. Apart from these existing markets and industries, one of the driving factors behind this growth will be that, even though the polymer has been around for a long time, new applications in new industries are continuously being developed. Accordingly, the market can be segmented by end-user industries.
Some of the well-known suppliers of sodium polyacrylate include Covestro (Germany), RSD Polymers Pvt. Ltd., Powder Pack Chem (India), Zhengzhou Wade Water Treatment Material Co. Ltd., Beijing Cheng Yi Chemical Co., Ltd., Dongying Naxing Trading Co., Ltd., and Hebei Yan Xing Chemical Co., Ltd. (China). While suppliers and distributors are spread across the world, a majority of them can be found in the Asia Pacific region. In terms of consumption, North America and Asia Pacific account for a major share of the market, followed by Europe, Middle East & Africa, and Latin America. As such, the global sodium polyacrylate market can be segmented by regions of North America, Asia Pacific, Europe, Middle East & Africa, and Latin America.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.