USD 9.30 billion
Super Absorbent Polymer Market Size, Share, Growth Analysis, By Type(Sodium Polyacrylate and Polyacrylamide Copolymer), By End-User(Personal Care Products and Agriculture), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG15A2153 |
Region:
Global |
Published Date: March, 2024
Pages:
184
|Tables:
59
|Figures:
75
Super Absorbent Polymer Market Insights
Global Super Absorbent Polymer Market size was valued at USD 9.30 billion in 2022 and is poised to grow from USD 9.90 billion in 2023 to USD 16.39 billion by 2031, growing at a CAGR of 6.5% during the forecast period (2024-2031).
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.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Personal hygiene
Fastest Growth
Medical
Growth Rate
6.5% CAGR
Global Super Absorbent Polymers Market, 2022-2030 ($ Bn)
Country Share for Asia Pacific Region (%)
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Super Absorbent Polymer Market Segmental Analysis
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.
Global Super Absorbent Polymers Market By Application
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Super Absorbent Polymer Market Regional Insights
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.
Global Super Absorbent Polymers Market By Region
- Largest
- Fastest
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Super Absorbent Polymer Market Dynamics
Super Absorbent Polymer Market Drivers
Increasing demand for adult incontinence products
- One significant driver propelling the global super absorbent polymer (SAP) market is the increasing demand for adult incontinence products. Factors such as a rising number of patients with urological diseases, defective bladder conditions, and a growing geriatric population contribute to the demand for SAP. Additionally, the surge in ostomy surgeries and the prevalence of diseases like inflammatory bowel disease and Crohn's disease further boost the market. The awareness regarding adult incontinence products plays a key role in shaping the global SAP market as well.
Super Absorbent Polymer Market Restraints
Environmental concerns associated with the disposal of SAP-based products
- One notable restraint challenging the global super absorbent polymer (SAP) market is the environmental concerns associated with the disposal of SAP-based products. The non-biodegradable nature of SAPs raises questions about their long-term impact on the environment and landfill capacity. Additionally, the production process of SAPs often involves the use of chemicals and energy-intensive methods, contributing to carbon emissions and environmental pollution. These environmental concerns have led to increasing scrutiny and regulations, which may hinder the growth of the SAP market and drive the demand for sustainable alternatives in the future.
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Super Absorbent Polymer Market Competitive Landscape
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
- Sumitomo Seika Chemicals Co., Ltd. (Japan)
- LG Chem Ltd. (South Korea)
- Formosa Plastics Corporation (Taiwan)
- SDP Global Co., Ltd. (South Korea)
- Yixing Danson Technology (China)
- Xitao Polymer Co., Ltd. (China)
- Kao Corporation (Japan)
- Sanyo Chemical Industries, Ltd. (Japan)
- Songwon Industrial Co., Ltd. (South Korea)
- Wanhua Chemical Group Co., Ltd. (China)
- Yixing Huaxiang Chemical Co., Ltd. (China)
- Shandong Nuoer Biological Technology Co., Ltd. (China)
- Quanzhou Banglida Technology Industry Co., Ltd. (China)
- Weilong Polymer Material Co., Ltd. (China)
- Zhejiang Satellite Petrochemical Co., Ltd. (China)
- Feixiang Group of Companies (China)
- Sinopec Group (China)
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.
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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.
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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.
Super Absorbent Polymer Key Market Trends
- Increasing focus on sustainable and eco-friendly alternatives. One key market trend in the global super absorbent polymer (SAP) market is the increasing focus on sustainable and eco-friendly alternatives. With growing environmental concerns, manufacturers are exploring the development of bio-based SAPs derived from renewable resources. Additionally, there is a rising demand for SAPs with improved biodegradability and reduced environmental impact. Companies are investing in research and development to create innovative solutions that offer both high performance and sustainability, aligning with the growing consumer preference for environmentally friendly products. This trend reflects the industry's commitment to addressing environmental challenges and meeting the evolving market demands.
- Rising Awareness for Using Personal Hygiene Products to Surge Market Growth: Rising health awareness in developing nations has led to a substantial uptick in the demand for personal hygiene items like disposable diapers and feminine sanitary napkins. The predominant portion of the superabsorbent polymers market is dedicated to serving the needs of personal hygiene applications. Governments in these developing regions have actively promoted public awareness about personal hygiene through health education initiatives and support for private organizations operating in the healthcare sector. As a result, the market for personal hygiene products, particularly baby diapers and feminine sanitary napkins, has experienced a notable surge in demand.
Super Absorbent Polymer Market SkyQuest Analysis
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 |
|
| 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 |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Super Absorbent Polymer Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Super Absorbent Polymer Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
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.
Analyst Support
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.
Regional Analysis: Further analysis of the Super Absorbent Polymer Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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