Superabsorbent polymers Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Superabsorbent Polymers Market
The global superabsorbent polymers market size was valued at USD 11.03 billion in 2023 and is projected to grow from USD 11.82 billion in 2024 to USD 20.94 billion by 2032, exhibiting a CAGR of 7.4% during the forecast period of 2024-2032.
The COVID-19 pandemic has been a lousy hit! in the superabsorbent polymers market. The pandemic was the reason why the demand for large numbers of superabsorbent polymers used in the merchandise increased the superabsorbent polymers market growth.
The increasing demand for private care products, eco-friendly packaging materials, and the creation of efficient water management systems promotes the superabsorbent polymers industry. The growing use of superabsorbent polymers in business programs, particularly in oil and gasoline exploration, mining, and construction, further contributes to the market's growth.
SAPs are the main reason for change in the agricultural sector, making the soil water more efficient. This technology is fruitful for regions that are undergoing drought or water scarcity. The farmers will increase the seed germination rates through the SAP into the soil and reduce the irrigation need. Therefore, there is a global rise in superabsorbent polymers market share. The circumstance that SAP assists farmers in saving water and producing healthy crops results in the use of this technique in sustainable agriculture.
Comprehensive Analysis of Superabsorbent Polymers Market
The superabsorbent polymers marketplace is segmented into categories: the first thing you can use your time for is the loving and helpful nature, which is the main characteristic you need to develop. As a type, the marketplace is governed by sodium polyacrylate; its primary utilization is in private hygiene and scientific projects. Polyacrylamide is expected to be a growing industry since it is a flexible housing, and the demand from the medical and agricultural industries is going to increase. The other part of the segment comprises polyacrylonitrile, polysaccharide, and cross-connected maleic anhydride copolymers. By implementing the system, the marketplace is, via personal hygiene, meeting the demands of the requested products by the new buyers, such as child diapers, female sanitary napkins, and adult incontinence products. These programs cater to the medical fields, which are huge, such as medical textiles and gel products. Agriculture is another small but quickly growing sector encouraged by the need for green water use. Cement modifiers, flood sacks, and business aqueous waste disposal are the main items supplied in the packages.
The Asia Pacific region led the medical devices market by benefitting a size of USD 4.41 billion in 2023 due to its growing populace, and the area is expected to maintain its function throughout the forecast.
The leading players in the superabsorbent polymers market significantly influence its growth trajectory and set industry standards. These key players, including Sumitomo Seika Chemicals (Japan), Nippon Shokubai (Japan), Sanyo Chemical/SDP Global (Japan), BASF (Germany), Evonik (Germany), LG Chem (South Korea), Taiwan Plastics (Taiwan), Yixing Danson (China), Satellite Science & Technology (China), Shenghong Holding Group (China), and Quan Zhou Technology (China), contribute to a competitive landscape, driving innovation and market advancement.
In October 2023, BASF set up a modern Superabsorbents Excellence center in Antwerp, Belgium, which consists of various advanced generations to facilitate product development and thus enlarges efficiency. This systematic approach highlights the employer's commitment to the cleanliness business.
Segmentation Table
Attribute Details
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 7.4% from 2024 to 2032
Unit Value (USD Billion) and Volume (Kiloton)
Segmentation
By Type
Sodium Polyacrylate
Polyacrylamide
Others
By Application
Personal Hygiene
Medical
Agriculture
Others
By Geography
North America (By Type, By Application, By Country)
- U.S.
- Canada
Europe (By Type, By Application, By Country)
- Germany
- U.K.
- France
- Italy
- Rest of Europe
Asia Pacific (By Type, By Application, By Country)
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Latin America (By Type, By Application, By Country)
- Brazil
- Mexico
- Rest of Latin America
Middle East and Africa (By Type, By Application, By Country)
- GCC
- South Africa
Rest of Middle East & Africa
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Market Trends
- 4.2. Key Developments
- 4.3. Insights on Regulatory Scenario
- 4.4. Latest Technological Advancement
- 4.5. Porter’s Five Forces Analysis
- 4.6. Impact of COVID-19 on the Market
- 5. Global Superabsorbent Polymers Market Analysis, Insights and Forecast, 2019–2032
- 5.1. Key Findings / Summary
- 5.2. By Type
- 5.2.1. Sodium Polyacrylate
- 5.2.2. Polyacrylamide
- 5.2.3. Others
- 5.3. By Application (Value & Volume)
- 5.3.1. Personal Hygiene
- 5.3.2. Medical
- 5.3.3. Agriculture
- 5.3.4. Others
- 5.4. By Region (Value & Volume)
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America
- 5.4.5. Middle East & Africa
- 6. North America Superabsorbent Polymers Market Analysis, Insights and Forecast, 2019–2032
- 6.1. Key Findings / Summary
- 6.2. By Type
- 6.2.1. Sodium Polyacrylate
- 6.2.2. Polyacrylamide
- 6.2.3. Others
- 6.3. By Application (Value & Volume)
- 6.3.1. Personal Hygiene
- 6.3.2. Medical
- 6.3.3. Agriculture
- 6.3.4. Others
- 6.4. By Country (Value & Volume)
- 6.4.1. U.S.
- 6.4.2. Canada
- 7. Europe Superabsorbent Polymers Market Analysis, Insights and Forecast, 2019–2032
- 7.1. Key Findings / Summary
- 7.2. By Type
- 7.2.1. Sodium Polyacrylate
- 7.2.2. Polyacrylamide
- 7.2.3. Others
- 7.3. By Application (Vale & Volume)
- 7.3.1. Personal Hygiene
- 7.3.2. Medical
- 7.3.3. Agriculture
- 7.3.4. Others
- 7.4. By Country (Value & Volume)
- 7.4.1. Germany
- 7.4.2. U.K.
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Rest of Europe
- 8. Asia Pacific Superabsorbent Polymers Market Analysis, Insights and Forecast, 2019–2032
- 8.1. Key Findings / Summary
- 8.2. By Type
- 8.2.1. Sodium Polyacrylate
- 8.2.2. Polyacrylamide
- 8.2.3. Others
- 8.3. By Application (Value & Volume)
- 8.3.1. Personal Hygiene
- 8.3.2. Medical
- 8.3.3. Agriculture
- 8.3.4. Others
- 8.4. By Country (Value & Volume)
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. South Korea
- 8.4.5. Rest of Asia Pacific
- 9. Latin America Superabsorbent Polymers Market Analysis, Insights and Forecast, 2019–2032
- 9.1. Key Findings / Summary
- 9.2. By Type
- 9.2.1. Sodium Polyacrylate
- 9.2.2. Polyacrylamide
- 9.2.3. Others
- 9.3. By Application (Value & Volume)
- 9.3.1. Personal Hygiene
- 9.3.2. Medical
- 9.3.3. Agriculture
- 9.3.4. Others
- 9.4. By Country (Value & Volume)
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 10. Middle East & Africa Superabsorbent Polymers Market Analysis, Insights and Forecast, 2019–2032
- 10.1. Key Findings / Summary
- 10.2. By Type
- 10.2.1. Sodium Polyacrylate
- 10.2.2. Polyacrylamide
- 10.2.3. Others
- 10.3. By Application (Value & Volume)
- 10.3.1. Personal Hygiene
- 10.3.2. Medical
- 10.3.3. Agriculture
- 10.3.4. Others
- 10.4. By Country (Value & Volume)
- 10.4.1. GCC
- 10.4.2. South Africa
- 10.4.3. Rest of Middle East & Africa
- 11. Company Profiles
- 11.1. Sumitomo Seika Chemicals
- 11.1.1. Overview
- 11.1.2. Products & Services
- 11.1.3. Recent Developments
- 11.1.4. Strategies
- 11.1.5. Financials (based on availability)
- 11.2. Nippon Shokubai
- 11.2.1. Overview
- 11.2.2. Products & Services
- 11.2.3. Recent Developments
- 11.2.4. Strategies
- 11.2.5. Financials (based on availability)
- 11.3. Sanyo Chemical / SDP Global
- 11.3.1. Overview
- 11.3.2. Products & Services
- 11.3.3. Recent Developments
- 11.3.4. Strategies
- 11.3.5. Financials (based on availability)
- 11.4. BASF
- 11.4.1. Overview
- 11.4.2. Products & Services
- 11.4.3. Recent Developments
- 11.4.4. Strategies
- 11.4.5. Financials (based on availability)
- 11.5. Evonik
- 11.5.1. Overview
- 11.5.2. Products & Services
- 11.5.3. Recent Developments
- 11.5.4. Strategies
- 11.5.5. Financials (based on availability)
- 11.6. LG Chem
- 11.6.1. Overview
- 11.6.2. Products & Services
- 11.6.3. Recent Developments
- 11.6.4. Strategies
- 11.6.5. Financials (based on availability)
- 11.7. Taiwan Plastics
- 11.7.1. Overview
- 11.7.2. Products & Services
- 11.7.3. Recent Developments
- 11.7.4. Strategies
- 11.7.5. Financials (based on availability)
- 11.8. Yixing Danson
- 11.8.1. Overview
- 11.8.2. Products & Services
- 11.8.3. Recent Developments
- 11.8.4. Strategies
- 11.8.5. Financials (based on availability)
- 11.9. Satellite Science & Technology
- 11.9.1. Overview
- 11.9.2. Products & Services
- 11.9.3. Recent Developments
- 11.9.4. Strategies
- 11.9.5. Financials (based on availability)
- 11.10. Shenghong Holding Group
- 11.10.1. Overview
- 11.10.2. Products & Services
- 11.10.3. Recent Developments
- 11.10.4. Strategies
- 11.10.5. Financials (based on availability)
- 11.11. Quan Zhou Technology
- 11.11.1. Overview
- 11.11.2. Products & Services
- 11.11.3. Recent Developments
- 11.11.4. Strategies
- 11.11.5. Financials (based on availability)
- 12. Strategic Recommendations
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook