According to a recent market study published by Growth Market Reports, titled, “Global Superabsorbent Polymer Market by type, by application, and by Region: Size, Share, Trends and Opportunity Analysis, 2018-2028”, the market was valued at US$ 8,901.5 Million in 2020 and is anticipated to grow at a growth rate of 6.1% by the year 2028.

Super Absorbent polymer (SAP), also known as slush powder is capable of absorbing water, up to 300 times its own mass. These are widely used in gels due to their highly absorbent water quality, and the cross-linkers used in SAP provide them with the much-needed absorb water. Often, low-density cross-linkers in SAP make way for high absorbent capacity. These also SAPs are also ideal for forming a softer, and sticker gel formation. High-density cross-linkers are used to lower water absorbent capacity, with more strength, and stabilization to maintain particle shape, under pressure.

Key factors that are anticipated to fuel the demand for Global superabsorbent polymers market during the forecast period are rising geriatric population and demand for adult inconsistence products, growing adoption in agricultural industry increases the demand for superabsorbent polymer as an soil water holding solution, which absorbs the water and releases it slowly to the soil, and the increasing demand of superabsorbent polymer in Asia-Pacific is expected to drive the market for automotive camera.

However, due to covid-19 pandemic the closure of manufacturing unit and decline in demand for superabsorbent polymers by end-use industries is expected to hamper the market. Conversely, high volatility in raw material prices of superabsorbent polymers is likely to restrain the market. Increasing investment in product development is creating opportunities in the market.

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As per Growth Market Reports industry analyst Rajas Shirwalkar, “The Global Superabsorbent Polymer Market is expected to witness substantial growth during the forecast period 2021-2028. Rising adoption of hygiene products are anticipated to dominate the global super absorbent polymer market, followed by baby diapers, adult diapers, sanitary pads, nursing pads, and pet pads.

Consumption of disposable diapers widely varies according to the region. It has been observed that, nowadays, baby diapers are widely preferred over traditional methods, which has surged the consumption of SAP. The COVID-19 outbreak led to the closure of manufacturing units all the production were halted due to government guidelines which impacted the market. However, post-covid the market is likely to grow and As the acceptance for SAP-based products is high, and growing awareness regarding the usage of adult incontinence products is leading to an increase in the demand for these products. Adult incontinence products are considered as an attractive segment for the SAP market. Sanitary napkins are one of the major necessities for feminine hygiene.

Market penetration of sanitary napkins is gradually increasing, as a greater number of women are becoming aware of the benefits of using sanitary napkins over traditional methods. Implementation of safety regulations and to rising health awareness and maintenance of hygiene among many women are increasingly opting for superabsorbent polymer end products. Factors such as rapid growth in economy, rise in standard of living, and increase awareness of safe and hygienic lifestyle are propelling the demand for superabsorbent polymers. Manufacturers of superabsorbent polymers cameras are focusing on R&D activities to improve product offerings and develop biodegradable superabsorbent polymers, thus driving the demand for these polymers. Hence, growing need of personal care products is anticipated to drive the superabsorbent polymers market during the forecast period.”

Growing demand for superabsorbent polymers is increasing in regions such as Asia Pacific, Latin America, and Middle East & Africa. The superabsorbent polymer camera market in the Middle East & Africa is expected to constitute a significant share of the market, owing to countries such as South Africa, UAE, and Rest of MEA are registering high growth due to the growth in population and rise in popularity of diaper pants, and increase in consumer awareness toward infant’s hygiene are expected to have a huge impact on the growth of the market. The Superabsorbent Polymers market in Asia Pacific is projected to be a highly competitive space, due to growing awareness regarding feminine hygiene products and baby care products is leading to increasing investments in SAP and related products."

COVID-19 has negatively impacted on the market due to the closure of manufacturing units and decline in demand for superabsorbent polymers from end-use industries. The outbreak of the COVID-19 pandemic has led to the halt in manufacture of superabsorbent polymers during the pandemic, due to restrictions and closure of global industries. Import and export of raw materials reduced or halted, due to transport restrictions globally. The pandemic led to supply chain disruptions in exports, large scale manufacturing disruptions, and closing of assembly plants. These, in turn, impeded the growth of the market.

The Global Superabsorbent polymers value chain includes activities such as strategy, product development, scoping, user documentation, marketing, implementation, training and certification, maintenance and support, licensing, and operation.

Key Takeaways from the Study

  • Key players operating in the Global superabsorbent polymers market include BASF SE, Evonik Industries AG, Kao Corporation, Sanyo Chemicals Industries Ltd, LG Chem, Sumitomo Seika Chemical Co. Ltd., Nippon Shokubai Co. Ltd., Yixing Danson Technology, High Smart Commodity Co.Ltd., Chase Corp and Others. These companies are considered as key developers of automotive camera market, based on their revenue, research & development (R&D) activities, presence, and supply chain management system hold a major market share of Global Automotive Camera market in year 2020.
  • Based on types, the market is classified into Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymers, and others. The Others segment is projected to gain traction during the forecast period, owing to increasing use of different types of superabsorbent polymers in wide application of end use industries.
  • On the basis of applications, the market is segregated into personal care, healthcare, agricultural/horticulture, industrial, and others. The agriculture/horticulture segment is anticipated to hold a significant share of the market, owing to increasing adoption of superabsorbent polymers as this material in the soil absorbs water from rainwater or extreme irrigation, and then frees it slowly to the roots, which results in better growth rate.
  • Based on region, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to expand at exponential CAGR during the forecast period, owing to rising demand of superabsorbent polymers in agriculture and personal care products.

Report Scope

Report Metric

Details

Market Value in 2020

US$ 8,901.5 Million

Market Growth Rate (from 2020 to 2028)

6.1 %

Historical Data

2018 & 2019

Base Year

2020

Forecast Period

2021 - 2028

Units Considered

Value (US$ Million)

Market Segments

 By Type, By Application, and By Region

Key Companies Profiled

BASF SE, Evonik Industries AG, Kao Corporation, Sanyo Chemicals Industries Ltd, LG Chem, Sumitomo Seika Chemical Co. Ltd., Nippon Shokubai Co. Ltd., Yixing Danson Technology, High Smart Commodity Co.Ltd., Chase Corp

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturers and distributors
  • Demand Side: Healthcare, Personal Care, Agriculture/Horticultural, Industrial, and Others
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.