Global Super Absorbent Polymers Market

Super Absorbent Polymers Market Size, Share, Growth Analysis, By Type (Sodium Polyacrylate, Polyacrylate /Polyacrylamide Copolymer), By Application (Personal Hygiene, Agriculture), By Region - Industry Forecast 2025-2032


Report ID: SQMIG15E2130 | Region: Global | Published Date: November, 2024
Pages: 242 | Tables: 66 | Figures: 75

Super Absorbent Polymers Market Insights

Super Absorbent Polymers Market size was valued at USD 8.64 Billion in 2023 and is poised to grow from USD 9.19 Billion in 2024 to USD 15.1 Billion by 2032, growing at a CAGR of 6.40% during the forecast period (2025-2032).

The global super absorbent polymers market is a rapidly growing industry that serves various applications across various sectors. These polymers are highly absorbent materials that are capable of retaining large amounts of liquid relative to their mass. They are used in a variety of products, including hygiene products, agriculture, and packaging materials, among others. The global market is driven by the increasing demand for disposable hygiene products such as diapers, adult incontinence products, and female hygiene products. Additionally, the increasing use of super absorbent polymers in the agriculture sector to improve water retention in soil and enhance crop yields has further propelled the growth of the market.

The growing trend of eco-friendly and sustainable products also influences the market. Manufacturers are focusing on developing biodegradable and renewable sources of super absorbent polymers to cater to the demand for environmentally friendly products. North America and Europe are the major markets for super absorbent polymers, followed by the Asia Pacific region. The high demand for hygiene products and the increasing awareness of agricultural productivity in these regions have contributed to their dominance in the market. Overall, the global market is expected to experience significant growth in the coming years, driven by increasing demand from various sectors and the development of innovative and sustainable products.

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FAQs

Global Super Absorbent Polymers Market size was valued at USD 8.12 billion in 2022 and is poised to grow from USD 8.64 billion in 2023 to USD 14.19 billion by 2031, growing at a CAGR of 6.40% during the forecast period (2024-2031). 

Global super absorbent polymers market is highly competitive and somewhat fragmented. The major industry participants continually implement various growth strategies to maintain a competitive edge. These players adopt innovations, mergers, acquisitions, collaborations, and partnerships to thrive in the competitive market. To provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Nippon Shokubai ', 'BASF ', 'Evonik Industries ', 'Sumitomo Seika ', 'LG Chem ', 'Formosa Plastic Corporation ', 'Kao Corporation ', 'Satellite Science & Technology Co., Ltd. ', 'SDP Global (Sanyo Chemical Industries) ', 'Yixing Danson Technology ', 'Acuro Organics Limited ', 'Aprotek ', 'Chemtex Speciality Limited ', 'Chinafloc ', 'Garg Chemical Company ', 'Gel Frost Packs Kalyani Enterprises ', 'Maple Biotech Private Limited ', 'Qingdao Soco New Material Co., Ltd. ', 'Shandong Haoyue New Materials Co., Ltd. ', 'Songwon Industrial Group '

Growing geriatric population and increased awareness of the benefits and comfortability of adult incontinence products are pushing an upsurge in the consumption of super absorbent polymers. As the incidence of adult incontinence rises, governments around the world are working collaboratively with manufacturers and medical professionals to prioritize incontinence product production.

Increasing focus on sustainability: Many companies in the industry are focusing on developing sustainable super absorbent polymers to meet the growing demand for eco-friendly products. The use of bio-based raw materials and environmentally friendly manufacturing processes is becoming more prevalent in the market.

The Asia-Pacific region dominated the global market. The region's growing demand for personal hygiene and agricultural products has contributed to this dominance. China accounts for more than half of the SAP demand in this region. Japan has the region's second-highest demand for SAPs, with a more than 20% market share. China is one of the world's biggest consumers of personal hygiene products. The high number of infants in the country and the rise in disposable income, which results in greater personal and hygiene care expenditures, can be attributed to the country's demand for personal hygiene products. Diapers for babies have become increasingly popular in China in recent times. More than one-tenth of the world's infant population is born in the country. Japan is a major supplier of high-quality baby diapers and adult incontinence products throughout Asia. Due to China and Japan's consistent economic growth, demand for Superabsorbent Polymers is expected to grow faster in the region as a whole in the coming years.

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Global Super Absorbent Polymers Market

Report ID: SQMIG15E2130

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