USD 9.30 billion
Report ID:
SQMIG15A2153 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|Tables:
59
|Figures:
75
Super Absorbent Polymer Market size was valued at USD 9.9 Billion in 2023 and is poised to grow from USD 10.54 Billion in 2024 to USD 17.46 Billion by 2032, growing at a CAGR of 6.5% during the forecast period (2025-2032).
The global super absorbent polymer (SAP) market is poised for significant growth, primarily driven by the increasing demand for adult incontinence products. Factors such as the rising number of patients with urological diseases and defective bladder, the surge in ostomy surgeries of the bowel, and the growing geriatric population contribute to the market's expansion during the forecast period. Furthermore, the prevalence of diseases like inflammatory bowel disease and Crohn's disease, coupled with the increasing awareness about adult incontinence products, will play a crucial role in shaping the global market. Government initiatives such as the Affordable Care Act (ACA) and Medicaid in the United States have greatly improved access to healthcare facilities and services for a large portion of the population. Consequently, there has been a surge in demand for branded drugs, medical devices, and healthcare services, driving the consumption of super absorbent polymer in the country. These polymers are utilized in the development of disposable medical connectors, syringes, and depth filters. The market expansion is further fueled by the growing demand from the personal hygiene segment worldwide. Rising awareness about hygiene has led to increased demand for adult incontinence and female hygiene products, bolstering the market. Additionally, the growing geriatric population, particularly in North America and Europe, is expected to support the growth of the adult incontinence products segment. Manufacturers in the consumer goods market are increasingly focusing on the adult incontinence market due to its potential for long-term growth and its ability to attract new customers. This trend highlights the sustained growth opportunities offered by the adult incontinence segment.
Global Market Size
USD 9.30 billion
Largest Segment
Personal hygiene
Fastest Growth
Medical
Growth Rate
6.5% CAGR
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Global Super Absorbent Polymer Market is segmented by type, end-user, and region. Based on type, the market can be segmented into sodium polyacrylate, and polyacrylamide copolymer. Based on end-user, the market is segmented into personal care products, and agriculture. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Super Absorbent Polymer Market Analysis by Type
By type, the market can be segmented sodium polyacrylate and polyacrylamide copolymer. Sodium polyacrylate is a widely used type of super absorbent polymer in various applications. It possesses excellent water-absorbing properties and is cost-effective, making it a dominant segment in the market. Sodium polyacrylate is particularly favored in personal care products, such as baby diapers, adult incontinence products, and feminine hygiene products, due to its high absorbency rate and capacity. It is also utilized in agriculture as a soil conditioner and water retention agent. The dominating presence of sodium polyacrylate is driven by its versatile and cost-efficient nature, making it a preferred choice across multiple industries.
Polyacrylamide copolymer is another significant segment in the super absorbent polymer market. It exhibits superior absorbency under pressure and finds applications in industries requiring high-performance absorbency, such as medical and personal care products. Polyacrylamide copolymers are commonly used in adult incontinence products and high-end baby diapers that require enhanced absorption and leakage control. The segment growth is primarily driven by the increasing demand for advanced absorbent materials in medical applications and the rising need for high-quality personal care products. As a result, polyacrylamide copolymer is considered a fast-growing segment in the super absorbent polymer market.
Super Absorbent Polymer Market Analysis by End-User
By end-user, the market can be segmented personal care products and agriculture. The personal care products segment is a dominant and significant end-user segment in the super absorbent polymer market. It encompasses a wide range of products such as baby diapers, adult incontinence products, feminine hygiene products, and disposable sanitary pads. The demand for super absorbent polymers in personal care products is driven by their ability to rapidly absorb and retain liquid, providing enhanced comfort, dryness, and leakage protection. The growing population, increasing disposable income, and changing consumer preferences towards improved hygiene and convenience contribute to the dominance of this segment.
The agriculture segment is expected to grow at the fastest CAGR. Super absorbent polymers are used in agriculture as water retention agents in soil. They enhance soil fertility, water efficiency, and plant growth by reducing irrigation frequency, preventing water runoff, and facilitating controlled release of water and nutrients to plant roots. The increasing focus on sustainable farming practices, water conservation, and the need for improved crop yield drive the demand for super absorbent polymers in the agriculture sector.
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North America dominated the global super absorbent polymer (SAP) market in terms of both market share and technological advancements. The region has a well-established healthcare infrastructure and a high adoption rate of advanced medical products, contributing to the dominance of SAP in various applications. The increasing demand for adult incontinence products, driven by a growing geriatric population and rising awareness about personal hygiene, has significantly fueled the market in this region. Moreover, government initiatives such as the Affordable Care Act (ACA) and Medicaid have improved access to healthcare facilities, driving the consumption of super absorbent polymers in the development of disposable medical devices.
The Asia-Pacific region is expected to be the fastest-growing market for super absorbent polymers due to several factors. Rapid urbanization, changing lifestyles, and increasing disposable income levels have led to a surge in demand for personal hygiene products, including adult incontinence and female hygiene products. The large population base in countries like China and India, coupled with a growing awareness of healthcare and hygiene practices, is driving the market growth in this region. Additionally, the expanding healthcare sector, rising prevalence of urological diseases, and increasing geriatric population are significant factors boosting the demand for SAP in APAC.
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Super Absorbent Polymer Market Drivers
Increasing demand for adult incontinence products
Super Absorbent Polymer Market Restraints
Environmental concerns associated with the disposal of SAP-based products
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The global super absorbent polymer (SAP) market is characterized by intense competition among several market players. Companies in the market are focusing on research and development activities to enhance product performance and expand their product portfolios. They are also engaged in strategic partnerships, collaborations, and mergers and acquisitions to strengthen their market position. Additionally, investments in technological advancements and sustainable manufacturing processes are becoming crucial to gain a competitive edge. The competitive landscape is expected to remain dynamic as companies strive to innovate and cater to the evolving demands of end-users.
Super Absorbent Polymer Market Top Player’s Company Profiles
Super Absorbent Polymer Market Recent Developments
In January 2024, at the closing event of IInvenTiv-2024, something important happened: IIT Hyderabad and E-Spin Nanotech made a deal. They agreed to work together to try out a new idea for feminine hygiene products made from a special kind of material called cellulose-based nanofibers. This new technology is patented, which means it's protected by law, and it's recognized in the United Kingdom, India, and China. The cool thing about these products is that they can break down naturally over time and are safer for your health compared to other options.
In February 2024, BASF, a global chemical company, is using advanced recycling technology called ChemCycling to introduce certified sustainable materials called "Ccycled." These materials are obtained from the BASF TotalEnergies Petrochemicals facility in Port Arthur, Texas. BASF and TotalEnergies are partners in this facility, with BASF owning 60% and TotalEnergies owning 40%. TotalEnergies is situated in France.
In February 2024, QatarEnergy and Chevron Phillips Chemical (CP Chem) started building a polymer production plant in Ras Laffan, Qatar, a big deal for the global petrochemical industry. This task costs USD6 billion and is situated in Ras Laffan's modern region. With a cracker capable of producing a staggering 2.08 million tonnes of ethylene annually, it is anticipated to be a significant player in the production of polymers. This makes it the biggest cracker in the Middle East and one of the largest in the world.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global super absorbent polymer (SAP) market analysis, the increasing demand for adult incontinence products, propelled by the rising number of patients with urological diseases, defective bladder conditions, and a growing geriatric population, is a key driver of the market. Additionally, initiatives such as the Affordable Care Act (ACA) and Medicaid in the United States have increased access to healthcare facilities, boosting the consumption of SAP in the development of medical devices. The market is also influenced by trends such as the focus on sustainable alternatives and the adoption of bio-based SAPs. However, environmental concerns regarding SAP disposal present a restraint.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 9.30 billion |
Market size value in 2031 | USD 16.39 billion |
Growth Rate | 6.5% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Super Absorbent Polymer Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Super Absorbent Polymer Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Super Absorbent Polymer Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
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Report ID: SQMIG15A2153
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