Super Absorbent Polymers Market Size to Surpass US$ 17.0 Billion by 2028 at 10.4% CAGR

PRESS RELEASE

Published March 28, 2023

IMARC Group has recently released a new research study titled “Super Absorbent Polymers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global super absorbent polymers (SAP) market size reached US$ 9.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.0 Billion by 2028, exhibiting a growth rate (CAGR) of 10.4% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Super absorbent polymers (SAPs) are highly effective substances with the ability to hold a significant amount of liquid. They are composed of acrylic acid cross-linked polymer networks made from water-soluble building blocks, mainly acrylic acid. They are white sugar-like hygroscopic substances, forming transparent gel-based particles when exposed to water, which can retain moisture under pressure without breaking or burning. Their absorption properties help protect against skin irritation, prevent infection, and improve overall quality. As a result, super-absorbent polymers are employed in the personal hygiene, medical, agricultural, and industrial sectors.

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Super Absorbent Polymers Market Trends and Drivers:

The market is primarily driven by the increasing demand for adult incontinence and high-quality diapers due to the rising concern regarding health and hygiene. In addition, the growing geriatric population and the rising awareness regarding personal hygiene products among women are accelerating the demand for super absorbent polymers (SAPs) and sanitary napkins products. Moreover, the widespread adoption of SAP in the wastewater management sector to contain, treat, and recycle wastewater as it absorbs and retains large amounts of water and helps to manage water supplies in a sustainable and cost-effective way represents another major growth-inducing factor. Besides this, the increasing product application in the agricultural sector for farming activities to minimize fertilizer, soil erosion, and pesticide leaching are propelling the market growth. Furthermore, the extensive research and development (R&D) activities conducted by leading players to create bio-based SAPs are creating a positive market outlook.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

BASF
Evonik Industries
Formosa Plastics Group
Kao Corporation
LG Chem Ltd.
Nippon Shokubai
Satellite Science and Technology Co. Ltd.
SDP Global Co. Ltd.
Sumitomo Seika Chemicals Company Ltd.
Yixing Danson Technology Ltd.

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The report has segmented the market on the basis of Product Type, End-User and Region.

Breakup by Type:

Sodium Polyacrylate
Polyacrylate/Polyacrylamide Copolymer
Others

Breakup by Application:

Personal Hygiene
Agriculture
Medical
Industrial
Others

Breakup by Production Method:

Suspension Polymerization
Solution Polymerization
Gel Polymerization

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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