Super Absorbent Polymer (SAP) market: Market Segments: By Type (Sodium Polyacrylate, Polyacrylate / Polyacrylamide, Copolymers and Others); By Application (Personal Hygiene, Agriculture, Healthcare, Industrial, Packaging, Construction, Oil & Gas and others); and Region – Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
March 2021
175
About the Report
About the Report
Product Overview
Superabsorbent polymers (SAP) also known as slush powder are a material that absorbs and retains a huge volume of aqueous solution or water. Superabsorbent polymers can absorb liquid up to 300 times their weight. Superabsorbent polymers are produced from the polymerization of acrylic acid by mixing it with sodium hydroxide to form a poly-acrylic acid. Superabsorbent polymers have a unique cross-linked structure owing to which they are water-swellable and not water-soluble. Superabsorbent polymer is an ideal material for fluid-absorbing applications such as baby nappies or diapers, female hygiene pads and liners, medical dressing, and incontinence products. Superabsorbent polymers are used in numerous end-user industries including personal care, food packaging, agriculture, and building and construction.
Market Highlights
Global Super Absorbent Polymer (SAP) Market is expected to project a notable CAGR of 6.27% in 2030.
Global Super Absorbent Polymer (SAP) market to surpass USD 13.18 billion by 2030 from USD 6.75 billion in 2019 at a CAGR of 6.27% in the coming years, i.e., 2020-30. Global Super Absorbent Polymer (SAP) market is estimated to grow due to growing population coupled with rising standard of living. Rising demand for baby diapers, adult incontinence products, agriculture, and female hygiene products is anticipated to drive the Super Absorbent Polymer market. Furthermore, Super absorbent polymers are perfectly suitable for agricultural applications, owing to their water retention and water-absorbing properties. These polymers enhance crop yield and water use efficiency which is likely to boost the Super Absorbent Polymer market in the coming years.
Recent Highlights in Global Super Absorbent Polymer (SAP) Market
-
In December 2017, LG Chemicals Ltd. announced to increase its production capacity of acrylic acid and super absorbent polymers by the end of 2019. For this, the company, invested US$ 300 Billion to increase the yield of super absorbent polymers from 100 KT to 500 KT per year
-
In October 2018, Nippon Shokubai expanded its superabsorbent polymers production capacity in its manufacturing facility at Zwijndrecht, Netherlands. This new plant has a capacity of 100,000 tons per year; it helped the company meet the increasing demand for SAP.
Global Super Absorbent Polymer (SAP) Market: Segments
Polycarbonate Super Absorbent Polymer (SAP) segment to grow with the highest CAGR during 2020-30
Global Super Absorbent Polymer (SAP) market is segmented by type into sodium polyacrylate, polyacrylate / polyacrylamide, copolymers, and others. Sodium Polyacrylate segment held the largest market share in the year 2019. Sodium Polyacrylate is primarily used in personal care products including baby diapers, sanitary napkins, adult continence products, and agricultural applications. It is mostly favored for its exceptional absorbing ability.
Personal Hygiene Segment to grow with the highest CAGR during 2020-30
Global Super Absorbent Polymer (SAP) market is distributed by application into personal hygiene, agriculture, healthcare, industrial, packaging, construction, oil & gas, and others. Personal Hygiene Segment held the largest market share in the year 2019 on account of mounting demand for baby diapers and adult diapers in emerging economies. The demand for Baby diapers is fueling owing to the high birth rate. Increasing awareness regarding personal hygiene and rising literacy level are resulting in the surge in demand for sanitary napkins.
Market Dynamics
Drivers
Rising Hygiene Awareness and Change in lifestyle
With the increasing hygiene awareness among consumers, the demand for superabsorbent polymers is mounting. Before the commercial application of super absorbent polymers in disposable diapers and other personal hygiene products, traditional hygiene products were used. As the awareness of the benefits of using superabsorbent polymers is rising, consumer's preference has been inclined towards super absorbent polymer-based products. Besides, the growing concern about various waterborne and airborne diseases is expected to fuel the demand for diapers and sanitary napkins
Growing Demand for Adult Incontinence Products
Rapid developing medical infrastructure, technological innovation, and growing accessibility to medical treatment have resulted in an increase in life expectancy rates. With the growing life expectancy, the demand for adult incontinence products is bolstering which further boosts the growth of the superabsorbent polymer market. In addition, adult incontinence products are useful for patients due to their ability to absorb greater amounts of discharges. Also, they are convenient to use as they are smaller in size.
Restraint
Volatile raw material price
Volatility in the prices of raw materials of super absorbent polymers is likely to hamper the growth of the market. Acrylic acid & glacial acrylic acid are raw materials used in the manufacture of superabsorbent polymer. The fluctuating prices of these raw materials bring volatility into producer margins which further hinder the superabsorbent polymer market.
Global Super Absorbent Polymer (SAP) Market: Key Players
-
BASF SE
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, and SWOT Analysis.
- Formosa Plastics Corporation
- LG Chemicals Ltd.
- SDP Global Co., Ltd
- Songwon Industrial Co., Ltd.
- Evonik Industries AG
- KAO Corporation
- Nippon Shokubai Co., Ltd.
- Sumitomo Seika Chemicals Co. Ltd
- Yixing Danson Technology
- Sanyo Chemical Industries, Ltd.
- Other Prominent Players
Global Super Absorbent Polymer (SAP) Market: Regions
Global Super Absorbent Polymer (SAP) market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.
Global Super Absorbent Polymer (SAP) market in Asia Pacific held the largest market share in the year 2019. Asia Pacific will continue to dominate the global Super Absorbent Polymer (SAP) market owing to the increasing population and rising disposable income. Additionally, ease of accessibility to raw material, inexpensive labor, and land cost to fulfill the demand for super absorbent polymer in the rising applications is expected to proliferate the Super Absorbent Polymer Market in this region.
Global Super Absorbent Polymer (SAP) market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
- APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
- MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Super Absorbent Polymer (SAP) market report also contains analysis on:
Super Absorbent Polymer (SAP) Market Segments:
- By Type
- Sodium Polyacrylate
- Polyacrylate/Polyacrylamide
- Copolymers
- Others
- By Application
- Personal Hygiene
- Agriculture
- Healthcare
- Industrial
- Packaging
- Construction
- Oil & Gas
- Others
- Global Super Absorbent Polymer (SAP) Market Dynamics
- Global Super Absorbent Polymer (SAP) market size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
Products
Table of Contents
Table of Contents
Contents
- Executive Summary
- Global Super Absorbent Polymer (SAP) Market
- Product Overview
- Market Definition
- Segmentation
- Assumptions and Acronyms
- Research Methodology
- Research Objectives
- Primary Research
- Secondary Research
- Forecast Model
- Market Size Estimation
- Average Pricing Analysis
- Macro-Economic Indicators
- Market Dynamics
- Growth Drivers
- Restraints
- Opportunity
- Trends
- Correlation & Regression Analysis
- Correlation Matrix
- Regression Matrix
- Recent Development, Policies & Regulatory Landscape
- Risk Analysis
- Demand Risk Analysis
- Supply Risk Analysis
- Global Super Absorbent Polymer (SAP) Market Analysis
- Porters Five Forces
- Threat of New Entrants
- Bargaining Power of Suppliers
- Threat of Substitutes
- Rivalry
- PEST Analysis
- Political
- Economic
- Social
- Technological
- Porters Five Forces
- Global Super Absorbent Polymer (SAP) Market
- Market Size & forecast, 2019A-2030F
- By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Market Size & forecast, 2019A-2030F
- Global Super Absorbent Polymer (SAP) Market: Market Segmentation
- By Regions
- North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- By Type: Market Share (2019-2030F)
- Sodium Polyacrylate, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Polyacrylate/Polyacrylamide, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Copolymers, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- By Application: Market Share (2019-2030F)
- Personal Hygiene, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Agriculture, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Healthcare, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Industrial, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Packaging, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Construction, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Oil & Gas, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- Others, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
- By Regions
Company Profile
- BASF SE
- Company Overview
- Company Total Revenue (Financials)
- Market Potential
- Global Presence
- Key Performance Indicators
- SWOT Analysis
- Product Launch
- Formosa Plastics Corporation
- LG Chemicals Ltd.
- SDP Global Co., Ltd
- Songwon Industrial Co., Ltd.
- Evonik Industries AG
- KAO Corporation
- Nippon Shokubai Co., Ltd.
- Sumitomo Seika Chemicals Co. Ltd
- Yixing Danson Technology
- Sanyo Chemical Industries, Ltd.
- Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Why Buy From US?
What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story
We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.
While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.
With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.
Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.
If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.