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Superabsorbent Polymer Market Share & Growth | Forecast 2030

Global Superabsorbent Polymer Market

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Segments - by Types (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, and Others), by Applications (Personal Care {Adult Incontinence Products, Sanitary Napkins, Baby Diapers, Nappy Pads, Urinary Bags, Others}, Healthcare {Wound Dressing, Medical Waste Solidification, Superabsorbent Mat, and Others}, Agriculture & Horticulture {Seed Coating, Root Dipping, Soil Broadcasting, Flower Beds, Ornamental Gardens, and Others}, Industrial, and Others), and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

MC-3836
4.2 Rating
225 Pages

24-02-2022
60 Reviews

Author :

Riddhesh Dani

Fact-checked by :

Harneet Meher

Editor :

Shruti Bhat

Report Description

The global superabsorbent polymer market was valued at USD 8,901.5 million in 2020 and is projected to reach USD 13,903.1 million by 2028, expanding at a CAGR of 6.1% during the forecast period. The superabsorbent polymer market is anticipated to grow substantially during the forecast period, owing to factors such as growth in personal care industry, especially in emerging economies, due to rising disposable income along with growing consumer consciousness regarding personal hygiene are likely to fuel the demand of superabsorbent polymers market. The superabsorbent polymer market is segmented into types, applications, and regions.

An increasing number of strategies such as mergers & acquisitions, agreements, partnerships, and product launches among companies to establish themselves as providers of Superabsorbent Polymer are anticipated to create lucrative opportunities in the market in the near future. The rising adoption of various strategies by market players to increase their presence and share in the market is expected to create growth opportunities in the market.

Scope of Superabsorbent Polymer Market Report

Attributes	Details
Report Title	Superabsorbent Polymer Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, and Others), by Applications (Personal Care {Adult Incontinence Products, Sanitary Napkins, Baby Diapers, Nappy Pads, Urinary Bags, Others}, Healthcare {Wound Dressing, Medical Waste Solidification, Superabsorbent Mat, and Others}, Agriculture & Horticulture {Seed Coating, Root Dipping, Soil Broadcasting, Flower Beds, Ornamental Gardens, and Others}, Industrial, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	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

Macro-economic Factors

Polymer Industry

Polymers are widely used products in nearly all industries such a medical, packaging, construction, coating, and medical, which in turn, boosts the demand for superabsorbent polymers. Rising demand for superabsorbent polymer in baby diapers, adult incontinence products, feminine hygiene products, and in agriculture, forestry, and gardening as an agent for retaining water in the soil and improving seed germination and increases yield fuel the market.

Product demand

Increasing demand for feminine hygiene and incontinence products in developed and developing countries is driving the demand for superabsorbent polymers. Nowadays, people are becoming health conscious and showcasing interest in hygiene products, especially from female consumers. The demand for diapers is high due to rising awareness among consumer regarding health and hygiene. This, in turn, is propelling the use of superabsorbent polymers.

Government regulations

Political factors influence regulations and laws that indirectly affect the market. Governments, along with many regulatory bodies, are concerned with environmental factors, and have established stringent rules and regulations regarding the manufacture and production of superabsorbent polymer products, as it is used in diapers that are thrown in open lands, which hampers the environment.

Coronavirus

COVID-19 has negatively impacted on the market due to COVID-19 pandemic it had a severe impact on the global automotive industry. This is witnessed in terms of the supply chain disruptions of part exports from China, large-scale manufacturing interruptions across Europe, and closure of assembly plants in the US and other major countries, such as India and Brazil.

Market Dynamics

Market Driver- Rising demand for Personal Care Products

In the personal hygiene applications, superabsorbent polymers are used in baby diapers, adult incontinence products, and sanitary napkins. Among these, the use of SAP is the highest in the baby diapers segment. Rising geriatric population and increasing awareness about advantages and convenience of adult incontinence products are increasing the usage of superabsorbent polymers. Governments of countries such as the US, the UK, Germany, and Australia have initiatives that support the use of adult incontinence products is expected to surge the demand for superabsorbent polymers.

Market Driver- Growing adoption in Agricultural Industry

SAP have been used in many applications due to their outstanding characteristics. In agriculture applications, this material is utilized in the soil to improve water and rainwater absorption or in extreme irrigation, as it slowly allows the water to seep to the roots, which results in better growth. Furthermore, the polymers can be used for the controlled release of pesticides and agrochemicals. SAP can stimulate many properties of the soil and be used to increase the capability of nutrient retention and water-holding capacity of the soil is anticipated to drive the superabsorbent polymer market during the forecast period.

Market Restraint- High Volatility in Raw Material price

Acrylic acid is the significant raw material which is used for the manufacturing of superabsorbent polymers. The prices associated with the raw material are been unstable owing to fluctuations in crude oil prices. Environmental regulations in Asia Pacific have resulted in acrylic acid manufacturing plants to operate at lower rates, which is expected to narrow the supply-demand gap. However, the impact is expected to be overcome, as companies are increasing their production capacity, which is likely to stabilize the prices in the coming years.

Market Opportunity- Development of Bio-based Superabsorbent Polymers

In the current market scenario, conventional superabsorbent polymers are used non-biodegradable and account for a large share of landfills globally. Hence, investments for the development of superabsorbent polymers based on renewable materials are expected to create opportunities in the global market. Superabsorbent polymers made from renewable materials are not suitable substitute for petrochemical-based polymers, such as sodium polyacrylate and potassium polyacrylate, which are currently used in the absorbent core of disposable diapers, among other personal hygiene products.

Superabsorbent Polymer Market Segmental Outlook

Based on types, the market is classified into sodium polyacrylate, polyacrylate/polyacrylamide copolymer, and others. The sodium polyacrylate segment is anticipated to grow substantially during the forecast period, owing to the increased use of sodium polyacrylate in personal hygiene applications, owing to its high liquid absorption capacity.

On the basis of applications, the market is segregated into personal care, healthcare, agriculture & horticulture, industrial, and others. The personal care segment is anticipated to hold a significant share of the market, owing to rising use of super absorbent polymers in the manufacture of feminine hygiene products, disposable diapers, and adult incontinence products.

Superabsorbent Polymer Market Regional Outlook

Based on regions, the market is classified as North America, Europe, Asia Pacific, Latin America, Middle East & Africa. The market in Asia Pacific is expected to expand at exponential CAGR during the forecast period, owing to high population, increasing middle-class income, cheap labor, and low cost of raw materials. This is expected to increase the demand for superabsorbent polymers in end-products.

The market in Europe is expected to hold a significant share of the global market during the forecast period, due to growing health awareness coupled with rising healthcare expenditure.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Superabsorbent Polymer Market
Historical, Current and Projected Market Size in terms of Value
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Superabsorbent Polymer Market Performance

Segments

By Types

Sodium Polyacrylate
Polyacrylate/Polyacrylamide Copolymer
Others

By Applications

Personal Care
- Adult Incontinence Products
- Sanitary Napkins
- Baby Diapers
- Nappy Pads
- Urinary Bags
- Others
Healthcare
- Wound Dressing
- Medical Waste Solidification
- Superabsorbent Mat
- Others
Agriculture & Horticulture
- Seed Coating
- Root Dipping
- Soil Broadcasting
- Flower Beds
- Ornamental Gardens
- Others
Industrial
Others

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

Key Market Players Profiled in the Report

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

Competitive Landscape

Key players operating in the global Superabsorbent Polymer 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 Superabsorbent Polymer based on their revenue, research & development (R&D) activities, presence, and value chain management system.
Market Players are pursuing key strategies such as acquisitions, collaborations, and geographic expansion where a potential opportunity arises for the superabsorbent polymer market.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Superabsorbant Polymers Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Superabsorbant Polymers Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Superabsorbant Polymers Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Superabsorbant Polymers Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Superabsorbant Polymers Market Size & Forecast, 2018-2028
      4.5.1 Superabsorbant Polymers Market Size and Y-o-Y Growth
      4.5.2 Superabsorbant Polymers Market Absolute $ Opportunity
   4.6 Pricing Analysis & Forecast, By Type, 2018-2028
   4.7 Global Superabsorbant Polymers Market: Impact Of Key Regulations
   4.8 Global Superabsorbant Polymers Market: Raw Material Analysis
Chapter 5 Global Superabsorbant Polymers Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Superabsorbant Polymers Market Size Forecast By Type
      5.2.1 Sodium Polyacrylate
      5.2.2 Polyacrylate/Polyacrylamide Copolymers
      5.2.3 Others
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Superabsorbant Polymers Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Superabsorbant Polymers Market Size Forecast By Application
      6.2.1 Application
         6.2.1.1 Adult Incontinence Products
         6.2.1.2 Sanitary Napkins
         6.2.1.3 Baby Diapers
         6.2.1.4 Nappy Pads
         6.2.1.5 Urinary Bags
         6.2.1.6 Others
      6.2.2 Healthcare
         6.2.2.1 Wound Dressing
         6.2.2.2 Medical Waste Solidification
         6.2.2.3 Superabsorbent Mat
         6.2.2.4 Others
      6.2.3 Agriculture & Horticulture
         6.2.3.1 Seed Coating
         6.2.3.2 Root Dipping
         6.2.3.3 Soil Broadcasting
         6.2.3.4 Flower Beds
         6.2.3.5 Ornamental Gardens
         6.2.3.6 Others
      6.2.4 Industrial
      6.2.5 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Superabsorbant Polymers Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Superabsorbant Polymers Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
   8.1 Introduction
   8.2 Current & Future Impact Analysis
   8.3 Economic Impact Analysis
   8.4 Government Policies
   8.5 Investment Scenario
Chapter 9 North America Superabsorbant Polymers Analysis and Forecast
   9.1 Introduction
   9.2 North America Superabsorbant Polymers Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Superabsorbant Polymers Market Size Forecast By Type
      9.6.1 Sodium Polyacrylate
      9.6.2 Polyacrylate/Polyacrylamide Copolymers
      9.6.3 Others
   9.7 Basis Point Share (BPS) Analysis By Type
   9.8 Absolute $ Opportunity Assessment By Type
   9.9 Market Attractiveness Analysis By Type
   9.10 North America Superabsorbant Polymers Market Size Forecast By Application
      9.10.1 Application
         9.10.1.1 Adult Incontinence Products
         9.10.1.2 Sanitary Napkins
         9.10.1.3 Baby Diapers
         9.10.1.4 Nappy Pads
         9.10.1.5 Urinary Bags
         9.10.1.6 Others
      9.10.2 Healthcare
         9.10.2.1 Wound Dressing
         9.10.2.2 Medical Waste Solidification
         9.10.2.3 Superabsorbent Mat
         9.10.2.4 Others
      9.10.3 Agriculture & Horticulture
         9.10.3.1 Seed Coating
         9.10.3.2 Root Dipping
         9.10.3.3 Soil Broadcasting
         9.10.3.4 Flower Beds
         9.10.3.5 Ornamental Gardens
         9.10.3.6 Others
      9.10.4 Industrial
      9.10.5 Others
   9.11 Basis Point Share (BPS) Analysis By Application
   9.12 Absolute $ Opportunity Assessment By Application
   9.13 Market Attractiveness Analysis By Application
Chapter 10 Europe Superabsorbant Polymers Analysis and Forecast
   10.1 Introduction
   10.2 Europe Superabsorbant Polymers Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Superabsorbant Polymers Market Size Forecast By Type
      10.6.1 Sodium Polyacrylate
      10.6.2 Polyacrylate/Polyacrylamide Copolymers
      10.6.3 Others
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 Europe Superabsorbant Polymers Market Size Forecast By Application
      10.10.1 Application
         10.10.1.1 Adult Incontinence Products
         10.10.1.2 Sanitary Napkins
         10.10.1.3 Baby Diapers
         10.10.1.4 Nappy Pads
         10.10.1.5 Urinary Bags
         10.10.1.6 Others
      10.10.2 Healthcare
         10.10.2.1 Wound Dressing
         10.10.2.2 Medical Waste Solidification
         10.10.2.3 Superabsorbent Mat
         10.10.2.4 Others
      10.10.3 Agriculture & Horticulture
         10.10.3.1 Seed Coating
         10.10.3.2 Root Dipping
         10.10.3.3 Soil Broadcasting
         10.10.3.4 Flower Beds
         10.10.3.5 Ornamental Gardens
         10.10.3.6 Others
      10.10.4 Industrial
      10.10.5 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
Chapter 11 Asia Pacific Superabsorbant Polymers Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Superabsorbant Polymers Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Superabsorbant Polymers Market Size Forecast By Type
      11.6.1 Sodium Polyacrylate
      11.6.2 Polyacrylate/Polyacrylamide Copolymers
      11.6.3 Others
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Asia Pacific Superabsorbant Polymers Market Size Forecast By Application
      11.10.1 Application
         11.10.1.1 Adult Incontinence Products
         11.10.1.2 Sanitary Napkins
         11.10.1.3 Baby Diapers
         11.10.1.4 Nappy Pads
         11.10.1.5 Urinary Bags
         11.10.1.6 Others
      11.10.2 Healthcare
         11.10.2.1 Wound Dressing
         11.10.2.2 Medical Waste Solidification
         11.10.2.3 Superabsorbent Mat
         11.10.2.4 Others
      11.10.3 Agriculture & Horticulture
         11.10.3.1 Seed Coating
         11.10.3.2 Root Dipping
         11.10.3.3 Soil Broadcasting
         11.10.3.4 Flower Beds
         11.10.3.5 Ornamental Gardens
         11.10.3.6 Others
      11.10.4 Industrial
      11.10.5 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
Chapter 12 Latin America Superabsorbant Polymers Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Superabsorbant Polymers Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Superabsorbant Polymers Market Size Forecast By Type
      12.6.1 Sodium Polyacrylate
      12.6.2 Polyacrylate/Polyacrylamide Copolymers
      12.6.3 Others
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Latin America Superabsorbant Polymers Market Size Forecast By Application
      12.10.1 Application
         12.10.1.1 Adult Incontinence Products
         12.10.1.2 Sanitary Napkins
         12.10.1.3 Baby Diapers
         12.10.1.4 Nappy Pads
         12.10.1.5 Urinary Bags
         12.10.1.6 Others
      12.10.2 Healthcare
         12.10.2.1 Wound Dressing
         12.10.2.2 Medical Waste Solidification
         12.10.2.3 Superabsorbent Mat
         12.10.2.4 Others
      12.10.3 Agriculture & Horticulture
         12.10.3.1 Seed Coating
         12.10.3.2 Root Dipping
         12.10.3.3 Soil Broadcasting
         12.10.3.4 Flower Beds
         12.10.3.5 Ornamental Gardens
         12.10.3.6 Others
      12.10.4 Industrial
      12.10.5 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
Chapter 13 Middle East & Africa (MEA) Superabsorbant Polymers Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Superabsorbant Polymers Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Superabsorbant Polymers Market Size Forecast By Type
      13.6.1 Sodium Polyacrylate
      13.6.2 Polyacrylate/Polyacrylamide Copolymers
      13.6.3 Others
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Middle East & Africa (MEA) Superabsorbant Polymers Market Size Forecast By Application
      13.10.1 Application
         13.10.1.1 Adult Incontinence Products
         13.10.1.2 Sanitary Napkins
         13.10.1.3 Baby Diapers
         13.10.1.4 Nappy Pads
         13.10.1.5 Urinary Bags
         13.10.1.6 Others
      13.10.2 Healthcare
         13.10.2.1 Wound Dressing
         13.10.2.2 Medical Waste Solidification
         13.10.2.3 Superabsorbent Mat
         13.10.2.4 Others
      13.10.3 Agriculture & Horticulture
         13.10.3.1 Seed Coating
         13.10.3.2 Root Dipping
         13.10.3.3 Soil Broadcasting
         13.10.3.4 Flower Beds
         13.10.3.5 Ornamental Gardens
         13.10.3.6 Others
      13.10.4 Industrial
      13.10.5 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
Chapter 14 Competition Landscape
   14.1 Superabsorbant Polymers Market: Competitive Dashboard
   14.2 Global Superabsorbant Polymers Market: Market Share Analysis, 2020
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      14.3.1 BASF SE
      14.3.2 Evonik Industries AG
      14.3.3 Kao Corporation
      14.3.4 Sanyo Chemicals Industries Ltd
      14.3.5 LG Chem
      14.3.6 Sumitomo Seika Chemical Co. Ltd.
    14.3.7 Nippon Shokubai Co. Ltd.
      14.3.8 Yixing Danson Technology
      14.3.9 High Smart Commodity Co.Ltd.
      14.3.10 Chase Corp

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