Global Superabsorbent Polymer Market 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
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
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