Super Absorbent Polymer Market
Super Absorbent Polymer Market Forecasts to 2028 – Global Analysis By Type (Natural, Synthetic), Application (Personal Hygiene, Medical/Healthcare, Automotive), and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2021) |
US $9.86 BN |
|
Projected Year Value (2028) |
US $16.78 BN |
|
CAGR (2021 - 2028) |
7.9% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Fastest Growing Market |
North America |
According to Stratistics MRC, the Global Super Absorbent Polymer Market is accounted for $9.86 billion in 2021 and is expected to reach $16.78 billion by 2028 growing at a CAGR of 7.9% during the forecast period. Superabsorbent polymer (SAP) is a material that has a high liquid-absorbing capacity. The superabsorbent polymer can absorb and retain extremely large amounts of a liquid compared with its mass. These types of polymers can absorb liquid up to 100 times its own weight.
The growth of the personal hygiene market is driven by increasing awareness regarding the benefits of maintaining cleanliness and personal hygiene. The rising demand for products such as sanitary pads, and wipes, among others, will subsequently drive the demand for personal hygiene products over the coming years. In 2010, the Government of India initiated Menstrual Hygiene Scheme, providing subsidized sanitary pads to rural women living below the poverty line. According to The World Bank, it is projected that the world’s population will continue to grow and will reach nearly 10 billion by 2050. An increase in population has led to a rise in birth rates. This has propelled the usage of baby diapers, which, in turn, is likely to boost the demand for superabsorbent polymers across the globe.
Market Dynamics:
Driver:
Increasing demand from personal hygiene
In the personal hygiene application, super absorbent polymers are utilized in baby diapers, adult incontinence products, and sanitary napkins. Among these, the utilization of super absorbent polymers is the highest in the baby diapers segment. Also, the rising geriatric population and increasing awareness about the benefits and comfort of adult incontinence products are increasing the use of super absorbent polymers. With cases of adult incontinence on the rise, governments of different countries are focusing on the manufacturing of incontinence products through collaborative efforts with manufacturers and medical professionals. Countries such as the US, the UK, Germany, and Australia have government initiatives that support the use of adult incontinence products.
Restraint:
Water absorption property
Super absorbent polymers are known for their water absorption property, but in contact with ions, this property decreases. This gradually hinders the utilization of agricultural super absorbent polymer attributable to high ion content in the soil because of the presence of fertilizers and irrigation techniques, which is restraining the growth of the market.
Opportunity:
Advancements in the bio-based super absorbent polymers
Conventional super absorbent polymers utilized are non-biodegradable and account for a huge share of landfills globally. Subsequently, investments in the advancement of super absorbent polymers because of on renewable materials are probably going to create new avenues for the global market. Super absorbent polymers based on renewable materials are also a suitable alternative to the petrochemical-based polymers, which are presently utilized in the absorbent core of disposable diapers, among other personal hygiene products.
Threat:
Volatile price of raw materials
Acrylic acid is utilized for the manufacturing of super absorbent polymers. The costs of acrylic acid have been unpredictable because of fluctuations in crude oil prices as well as the tight supply in the market. Crude oil prices are recovering gradually, which will affect the costs of acrylic acid. Environmental regulations in China have resulted in acrylic acid manufacturing plants working at lower rates, thereby limiting the supply-demand gap. This has impacted the prices of super absorbent polymers.
The sodium polyacrylate segment is expected to be the largest during the forecast period
The sodium polyacrylate segment is estimated to have a lucrative growth because of the increasing utilization of sodium polyacrylate in personal hygiene applications, attributable to its high liquid absorption capacity. Sodium polyacrylate act as an effective agent in increasing the biomass efficiency in grasslands, and improving the organic matter content and soil fertility in forestry. Sodium polyacrylate is mostly preferred because of its high absorption control and accessibility in manufacturing hygiene products such as disposable diapers to reduce infection and the unpleasant smell of chemicals.
Region with highest share:
Asia Pacific is projected to hold the largest market share during the forecast period due to the rising population coupled with the increasing demand for personal hygiene care products. Additionally, growing awareness about hygiene products is escalating the demand for feminine hygiene products. In addition, rising per capita disposable income in developing nations encourages individuals to spend on their health and access better healthcare, which will raise the market value of superabsorbent polymers in the near future.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period owing to the rising awareness regarding personal hygiene along with the increasing demand for personal care products. Countries of North America such as the U.S. and Canada are among the major contributors to the regional market growth and are likely to see a significant regional market growth due to the continuous expansion of the personal care sector.
Key players in the market
Some of the key players profiled in the Super Absorbent Polymer Market include Shandong Nuoer Biological Technology Co., Ltd., Zhejiang Weilong Polymer Material Co., Ltd, Formosa Plastic Corporation, Sumitomo Seika Chemicals Co. Ltd., Nippon Shokubai Co., Ltd, Kao Corporation, Sinofloc Chemical Ltd., Quan Zhou Banglida Technology Industry Co., Ltd., LG Chemicals Ltd, Sanyo Chemicals Industries, Ltd., Wanhua Chemical Group Co., Ltd, Evonik Industries AG, Songwon Industrial Co. Ltd., BASF SE., Yixing Danson Technology and SNF (U.K.) Limited.
Key Developments:
In November 2020, Nippon Shokubai Co., Ltd joint ventured with LiveDo Corporation, and Total Care System for developing various technologies to promote systems that recycle disposable diapers, the use of which continues to increase. These three companies have recently developed new recycling technologies for super absorbent polymers in used diapers. The technology can be applied to a wide variety of super absorbent polymers distributed worldwide.
In March 2021, BASF expanded by opening a state-of-the-art Superabsorbents Excellence Center at the Verbund site in Antwerp, Belgium to increase innovation capabilities for its superabsorbent polymer business.
Types Covered:
• Natural (Non-Petroleum-based)
• Synthetic (Petrochemical based)
• Other Types
Grades Covered:
• Industrial Grade
• Hygiene Grade
• Food/Agricultural Grade
• Standard Grade
• Medical Grade
Production Methods Covered:
• Solution Polymerization
• Inverse suspension Polymerization
• Continuous Gel Polymerization
Applications Covered:
• Medical/Healthcare
• Personal Hygiene
• Industrial
• Agriculture & Horticulture
• Building & Construction
• Thickening Agent
• Oil & Gas
• Manufacturing Industries
• Food Packaging
• Cables and Wires Industry
• Automotive
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Super Absorbent Polymer Market, By Type
5.1 Introduction
5.2 Natural (Non-Petroleum-based)
5.2.1 Polysaccharides
5.2.2 Polypeptide
5.2.3 Polyitaconic Acid
5.3 Synthetic (Petrochemical based)
5.3.1 Sodium Polyacrylate
5.3.2 Potassium Polyacrylate
5.3.3 Ethylene Maleic Anhydride Copolymer
5.3.4 Polyvinyl Alcohol
5.3.5 Polyacrylamide Copolymer
5.4 Other Types
5.4.1 Bio-Mass Based
5.4.2 Methyl Acrylates
5.4.3 Acrylic Acid Based
6 Global Super Absorbent Polymer Market, By Grade
6.1 Introduction
6.2 Industrial Grade
6.3 Hygiene Grade
6.4 Food/Agricultural Grade
6.5 Standard Grade
6.5.1 Reclaimed
6.5.2 Virgin
6.6 Medical Grade
7 Global Super Absorbent Polymer Market, By Production Method
7.1 Introduction
7.2 Solution Polymerization
7.3 Inverse suspension Polymerization
7.4 Continuous Gel Polymerization
8 Global Super Absorbent Polymer Market, By Application
8.1 Introduction
8.2 Medical/Healthcare
8.2.1 Wound Dressing
8.2.1.1 Advanced Wound Care
8.2.1.2 Traditional Wound Care
8.2.2 Superabsorbent Mat
8.2.3 Medical Waste Solidification
8.3 Personal Hygiene
8.3.1 Nappy Pads
8.3.2 Baby Diapers (Disposable diapers)
8.3.3 Adult Incontinence Products
8.3.4 Feminine Hygiene Products
8.3.4.1 Wet Wipes/Beauty Mask
8.3.4.2 Urinary Bags
8.3.4.3 Sanitary Napkins
8.4 Industrial
8.4.1 Water Swellable Tapes
8.4.2 Spill Control
8.4.3 Desiccation
8.5 Agriculture & Horticulture
8.5.1 Soil Broadcasting
8.5.2 Root Dipping
8.5.3 Ornamental Gardens
8.5.4 Nutrient and Water Preservation
8.5.5 Flower Beds
8.5.6 Drought Resistance
8.5.7 Seed Coating
8.6 Building & Construction
8.7 Thickening Agent
8.8 Oil & Gas
8.9 Manufacturing Industries
8.10 Food Packaging
8.11 Cables and Wires Industry
8.12 Automotive
8.13 Other Applications
8.13.1 Flood Relief
8.13.2 Fire Prevention and Protection
8.13.3 Pet Pads
9 Global Super Absorbent Polymer Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Shandong Nuoer Biological Technology Co., Ltd.
11.2 Zhejiang Weilong Polymer Material Co., Ltd
11.3 Formosa Plastic Corporation
11.4 Sumitomo Seika Chemicals Co. Ltd.
11.5 Nippon Shokubai Co., Ltd
11.6 Kao Corporation
11.7 Sinofloc Chemical Ltd.
11.8 Quan Zhou Banglida Technology Industry Co., Ltd.
11.9 LG Chemicals Ltd
11.10 Sanyo Chemicals Industries, Ltd.
11.11 Wanhua Chemical Group Co., Ltd
11.12 Evonik Industries AG
11.13 Songwon Industrial Co. Ltd.
11.14 BASF SE.
11.15 Yixing Danson Technology
11.16 SNF (U.K.) Limited
List of Tables
1 Global Super Absorbent Polymer Market Outlook, By Region (2020-2028) ($MN)
2 Global Super Absorbent Polymer Market Outlook, By Type (2020-2028) ($MN)
3 Global Super Absorbent Polymer Market Outlook, By Natural (Non-Petroleum-based) (2020-2028) ($MN)
4 Global Super Absorbent Polymer Market Outlook, By Polysaccharides (2020-2028) ($MN)
5 Global Super Absorbent Polymer Market Outlook, By Polypeptide (2020-2028) ($MN)
6 Global Super Absorbent Polymer Market Outlook, By Polyitaconic Acid (2020-2028) ($MN)
7 Global Super Absorbent Polymer Market Outlook, By Synthetic (Petrochemical based) (2020-2028) ($MN)
8 Global Super Absorbent Polymer Market Outlook, By Sodium Polyacrylate (2020-2028) ($MN)
9 Global Super Absorbent Polymer Market Outlook, By Potassium Polyacrylate (2020-2028) ($MN)
10 Global Super Absorbent Polymer Market Outlook, By Ethylene Maleic Anhydride Copolymer (2020-2028) ($MN)
11 Global Super Absorbent Polymer Market Outlook, By Polyvinyl Alcohol (2020-2028) ($MN)
12 Global Super Absorbent Polymer Market Outlook, By Polyacrylamide Copolymer (2020-2028) ($MN)
13 Global Super Absorbent Polymer Market Outlook, By Other Types (2020-2028) ($MN)
14 Global Super Absorbent Polymer Market Outlook, By Bio-Mass Based (2020-2028) ($MN)
15 Global Super Absorbent Polymer Market Outlook, By Methyl Acrylates (2020-2028) ($MN)
16 Global Super Absorbent Polymer Market Outlook, By Acrylic Acid Based (2020-2028) ($MN)
17 Global Super Absorbent Polymer Market Outlook, By Grade (2020-2028) ($MN)
18 Global Super Absorbent Polymer Market Outlook, By Industrial Grade (2020-2028) ($MN)
19 Global Super Absorbent Polymer Market Outlook, By Hygiene Grade (2020-2028) ($MN)
20 Global Super Absorbent Polymer Market Outlook, By Food/Agricultural Grade (2020-2028) ($MN)
21 Global Super Absorbent Polymer Market Outlook, By Standard Grade (2020-2028) ($MN)
22 Global Super Absorbent Polymer Market Outlook, By Reclaimed (2020-2028) ($MN)
23 Global Super Absorbent Polymer Market Outlook, By Virgin (2020-2028) ($MN)
24 Global Super Absorbent Polymer Market Outlook, By Medical Grade (2020-2028) ($MN)
25 Global Super Absorbent Polymer Market Outlook, By Production Method (2020-2028) ($MN)
26 Global Super Absorbent Polymer Market Outlook, By Solution Polymerization (2020-2028) ($MN)
27 Global Super Absorbent Polymer Market Outlook, By Inverse suspension Polymerization (2020-2028) ($MN)
28 Global Super Absorbent Polymer Market Outlook, By Continuous Gel Polymerization (2020-2028) ($MN)
29 Global Super Absorbent Polymer Market Outlook, By Application (2020-2028) ($MN)
30 Global Super Absorbent Polymer Market Outlook, By Medical/Healthcare (2020-2028) ($MN)
31 Global Super Absorbent Polymer Market Outlook, By Wound Dressing (2020-2028) ($MN)
32 Global Super Absorbent Polymer Market Outlook, By Superabsorbent Mat (2020-2028) ($MN)
33 Global Super Absorbent Polymer Market Outlook, By Medical Waste Solidification (2020-2028) ($MN)
34 Global Super Absorbent Polymer Market Outlook, By Personal Hygiene (2020-2028) ($MN)
35 Global Super Absorbent Polymer Market Outlook, By Nappy Pads (2020-2028) ($MN)
36 Global Super Absorbent Polymer Market Outlook, By Baby Diapers (Disposable diapers) (2020-2028) ($MN)
37 Global Super Absorbent Polymer Market Outlook, By Adult Incontinence Products (2020-2028) ($MN)
38 Global Super Absorbent Polymer Market Outlook, By Feminine Hygiene Products (2020-2028) ($MN)
39 Global Super Absorbent Polymer Market Outlook, By Industrial (2020-2028) ($MN)
40 Global Super Absorbent Polymer Market Outlook, By Water Swellable Tapes (2020-2028) ($MN)
41 Global Super Absorbent Polymer Market Outlook, By Spill Control (2020-2028) ($MN)
42 Global Super Absorbent Polymer Market Outlook, By Desiccation (2020-2028) ($MN)
43 Global Super Absorbent Polymer Market Outlook, By Agriculture & Horticulture (2020-2028) ($MN)
44 Global Super Absorbent Polymer Market Outlook, By Soil Broadcasting (2020-2028) ($MN)
45 Global Super Absorbent Polymer Market Outlook, By Root Dipping (2020-2028) ($MN)
46 Global Super Absorbent Polymer Market Outlook, By Ornamental Gardens (2020-2028) ($MN)
47 Global Super Absorbent Polymer Market Outlook, By Nutrient and Water Preservation (2020-2028) ($MN)
48 Global Super Absorbent Polymer Market Outlook, By Flower Beds (2020-2028) ($MN)
49 Global Super Absorbent Polymer Market Outlook, By Drought Resistance (2020-2028) ($MN)
50 Global Super Absorbent Polymer Market Outlook, By Seed Coating (2020-2028) ($MN)
51 Global Super Absorbent Polymer Market Outlook, By Building & Construction (2020-2028) ($MN)
52 Global Super Absorbent Polymer Market Outlook, By Thickening Agent (2020-2028) ($MN)
53 Global Super Absorbent Polymer Market Outlook, By Oil & Gas (2020-2028) ($MN)
54 Global Super Absorbent Polymer Market Outlook, By Manufacturing Industries (2020-2028) ($MN)
55 Global Super Absorbent Polymer Market Outlook, By Food Packaging (2020-2028) ($MN)
56 Global Super Absorbent Polymer Market Outlook, By Cables and Wires Industry (2020-2028) ($MN)
57 Global Super Absorbent Polymer Market Outlook, By Automotive (2020-2028) ($MN)
58 Global Super Absorbent Polymer Market Outlook, By Other Applications (2020-2028) ($MN)
59 Global Super Absorbent Polymer Market Outlook, By Flood Relief (2020-2028) ($MN)
60 Global Super Absorbent Polymer Market Outlook, By Fire Prevention and Protection (2020-2028) ($MN)
61 Global Super Absorbent Polymer Market Outlook, By Pet Pads (2020-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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