03 October 2011 08:39 [Source: ICIS news]
BERLIN (ICIS)--Future growth for the acrylic acid (AA) market will come from superabsorbent polymers (SAPs), said one major European acrylates producer on Monday.
Speaking from the sidelines of the 45th annual European Petrochemical Association (EPCA) meeting, the producer said demand for SAPs had already pushed up demand for AA in comparison to the esters.
“The acrylates market has moved from being 40/60 between the monomer and the ester grades to about 50/50 now, and it will continue to grow in market share,” the producer said.
SAPs are made from acrylic acid, and find their application mainly in the disposable nappies (diapers), sanitary napkins and incontinence pads sector.
Unlike other end use markets for acrylates such as construction, the SAP sector is resistant to the volatility of the wider global economy, which will also help the market expand.
“With products such as diapers, we do not see demand coming down drastically as in other end use sectors,” explained the producer.
“People can always put off painting their house or buying a new car, but items like sanitary products are an everyday essential. People may switch to a cheaper brand, but they won’t stop buying the product altogether.”
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections