Super Absorbent Polymers Market by Type (Ethylene Maleic Anhydride Copolymer, Polyacrylamide Copolymers, Polysaccharides), Grade (Agricultural Grade, Hygiene Grade, Industrial Grade), Manufacturing Process, Application - Global Forecast 2024-2030

Super Absorbent Polymers Market by Type (Ethylene Maleic Anhydride Copolymer, Polyacrylamide Copolymers, Polysaccharides), Grade (Agricultural Grade, Hygiene Grade, Industrial Grade), Manufacturing Process, Application - Global Forecast 2024-2030

The Super Absorbent Polymers Market size was estimated at USD 9.07 billion in 2023 and expected to reach USD 9.59 billion in 2024, at a CAGR 5.81% to reach USD 13.46 billion by 2030.

Super absorbent polymers (SAPs) are materials that have the ability to absorb and retain substantial amounts of a liquid relative to their mass. Super absorbent polymers are cross-linked polyacrylate-based polymers with a distinctive ability to absorb aqueous solutions through hydrogen bonding with water molecules. The increased demand for personal hygiene products globally is increasing the adoption of super-absorbent polymers. The usage of SAPs in agricultural applications also enhances market growth. Technological developments supporting the advanced manufacturing of superabsorbent polymers are contributing to market growth by increasing manufacturers' production capacities. However, volatile prices and limited availability of raw materials may limit the market growth. The environmental concerns associated with non-biodegradable superabsorbent polymers are also a factor concerning the adoption of SAPs. Moreover, the development of advanced wound management products using super-absorbent polymers is expected to create attractive opportunities in the market landscape. The development of biodegradable & sustainable super absorbent polymers may generate significant growth potential in upcoming years.

Regional Insights

In the Americas region, the United States and Canada witness significant growth in the market arena, characterized by a well-established infrastructure for product innovation and a high demand for adult incontinence and feminine hygiene products. Public and private sectors in the Americas region have shown a trend toward investing in research aimed at enhancing the bio-based super-absorbent polymer industry to lessen environmental impact. The European Union countries demonstrate high market maturity with strict regulations prioritizing sustainability and reducing environmental footprint in the region. The Middle East demonstrates a burgeoning growth approach, with the UAE and Saudi Arabia actively focusing on investment for product innovations, and the African market is highly focused on using SAPs in agriculture to address water scarcity. The Asia-Pacific region showcases robust growth potential for the Super Absorbent Polymers (SAP) market due to increasing population, rising hygiene awareness, and growing disposable incomes, particularly in China, Japan, and India. Consumer needs in the APAC region are driven by growing urbanization and healthcare reforms emphasizing improved sanitary conditions.

Market Insights

• Market Dynamics
  
  The market dynamics represent an ever-changing landscape of the Super Absorbent Polymers Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.
  • Market Drivers
    • Increased demand for personal hygiene products globally
    • Growing usage of SAP in agricultural and construction applications
    • Market Restraints
      • Technical and production limitations and volatility in prices of raw materials
      • Market Opportunities
        • Expansion of biorefineries and initiatives to promote the development of sustainable super absorbent polymers
        • Technology developments supporting advanced manufacturing of superabsorbent polymers
        • Market Challenges
          • Environment concerns associated with non-biodegradable SAP
          • Market Segmentation Analysis
            • Type: Significance properties of sodium polyacrylate polymer for industrial applications
            • Grade: Increasing adoption of agricultural grade in the farming sector
            • Manufacturing Process: Change in chemical properties based on the process of manufacturing for super absorbent polymers
            • Application: Rising applications of super absorbent polymers in personal hygiene products
            • Market Disruption Analysis
            • Porter’s Five Forces Analysis
            • Value Chain & Critical Path Analysis
            • Pricing Analysis
            • Technology Analysis
            • Patent Analysis
            • Trade Analysis
            • Regulatory Framework Analysis
            FPNV Positioning Matrix
            
            The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Super Absorbent Polymers Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
            
            Market Share Analysis
            
            The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Super Absorbent Polymers Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
            
            Recent Developments
            • Berry Global and Glatfelter Corporation forms a Strategic Alliance for Developing Advanced Sustainable Nonwoven Solutions
              
              Berry Global, a leader in packaging and engineered products, and Glatfelter Corporation, renowned for its innovative fiber-based solutions, have announced a strategic merger. This union aims to leverage both companies' robust manufacturing capabilities and expansive innovation portfolios to meet the increasing global demand for sustainable and high-quality nonwoven materials. The merger is poised to create a formidable entity that combines Berry’s expertise in material science and product development with Glatfelter’s specialization in a diversified range of fiber-based products. This strategic alliance strengthens its market position and enhances its capacity to offer customers a broader spectrum of innovative, eco-friendly solutions worldwide, signifying a pivotal development in the nonwoven sector.
              
              ICIG Secures Evonik's Superabsorbents Division with Strategic Acquisition
              
              International Chemical Investors Group (ICIG), a prominent private industrial holding company focused on mid-sized chemicals and pharmaceutical businesses, has acquired the superabsorbents business from Evonik Industries AG through a multi-million euro transaction. This strategic move underscores ICIG's intent to expand its footprint in the highly competitive super absorbent polymers market, a sector critical for products demanding high moisture absorption capabilities, such as hygienic disposables. The acquisition exemplifies ICIG's commitment to strengthen its specialty chemical portfolio with potential market dynamics shifts, particularly in product availability, innovation, and customer service enhancement within the super absorbent polymer sector.
              
              BASF's Strategic Application of ChemCycling Technology for a Sustainable Future
              
              BASF, in collaboration with TotalEnergies, enhanced its eco-friendly portfolio by utilizing chemical recycling technology, ChemCycling, at its joint venture facility in Port Arthur, Texas. This initiative has borne the introduction of ISCC Plus certified Ccycled materials, a pioneering effort that repurposes plastic waste into high-value chemical products. By applying a mass balance approach, BASF transforms end-of-life plastics—often deemed unsuitable for traditional recycling into vital feedstock to create super absorbent polymers, engineered plastics, and polyurethanes. These advanced recycled products, encapsulating the identical properties of those derived from fossil resources, offer seamless integration for customers across various sectors, such as automotive and construction, thereby facilitating a transition to a more circular economy.
            Strategy Analysis & Recommendation
            
            The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Super Absorbent Polymers Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.
            
            Key Company Profiles
            
            The report delves into recent significant developments in the Super Absorbent Polymers Market, highlighting leading vendors and their innovative profiles. These include Acuro Organics Limited, APROTEK Group, Aushadh Limited, BASF SE, Bharat Petroleum Corporation Limited, Chase Corporation, Chinafloc, Evonik Industries AG, Exxon Mobil Corporation, Formosa Plastics Corporation, FUJIFILM Wako Pure Chemical Corporation, Gelok International, Harnit Polychem, Hayashibara Co., Ltd., High Smart Commodity Co., Ltd., Innova Corporate (India), Kao Corporation, LG Chem, Ltd., Maple Biotech Pvt. Ltd., Nippon Shokubai Co., Ltd., NSB Polymers GmbH, Qingdao SOCO New Material Co., Ltd., SABIC, Sanyo Chemical Industries, Ltd., Satellite Chemical Co., Ltd., SONGWON Industrial Group, Sumitomo Seika Chemicals Co., Ltd., Tramfloc, Inc., Vedic Orgo LLP, Xitao Polymer Co., Ltd., and Yixing Bluwat Chemicals Co., Ltd..
            
            Market Segmentation & Coverage
            
            This research report categorizes the Super Absorbent Polymers Market to forecast the revenues and analyze trends in each of the following sub-markets:
            • Type
              • Ethylene Maleic Anhydride Copolymer
              • Polyacrylamide Copolymers
              • Polysaccharides
              • Sodium Polyacrylate
              • Grade
                • Agricultural Grade
                • Hygiene Grade
                • Industrial Grade
                • Manufacturing Process
                  • Gel Polymerization
                  • Solution Polymerization
                  • Suspension Polymerization
                  • Application
                    • Agriculture
                    • Industrial
                    • Medical
                    • Personal Hygiene
                      • Adult Incontinence Product
                      • Baby Diaper Sector
                      • Feminine Hygiene Product
                      • Wastewater Treatement
                      • Region
                        • Americas
                          • Argentina
                          • Brazil
                          • Canada
                          • Mexico
                          • United States
                            • California
                            • Florida
                            • Illinois
                            • New York
                            • Ohio
                            • Pennsylvania
                            • Texas
                            • Asia-Pacific
                              • Australia
                              • China
                              • India
                              • Indonesia
                              • Japan
                              • Malaysia
                              • Philippines
                              • Singapore
                              • South Korea
                              • Taiwan
                              • Thailand
                              • Vietnam
                              • Europe, Middle East & Africa
                                • Denmark
                                • Egypt
                                • Finland
                                • France
                                • Germany
                                • Israel
                                • Italy
                                • Netherlands
                                • Nigeria
                                • Norway
                                • Poland
                                • Qatar
                                • Russia
                                • Saudi Arabia
                                • South Africa
                                • Spain
                                • Sweden
                                • Switzerland
                                • Turkey
                                • United Arab Emirates
                                • United Kingdom
                                
                                
                                Please Note: PDF & Excel + Online Access - 1 Year