Global market for super absorbent polymers is slated to reach US$ 9.7 billion by 2032

Over the past five years, the market for super absorbent polymers has grown steadily, with a 3.5% CAGR, and is expected to reach a value of over US$ 6 billion in 2022.

A thorough research of the market reveals that by 2032, the global consumption of super absorbent polymers is expected to grow at a rate of 4.9% CAGR and be worth US$9.7 billion. Over the years 2022-2032, the consumption of super absorbent polymers for use in hygiene and personal care products is anticipated to rise at a CAGR of 5.2%. Furthermore, it is anticipated that during the projected period, demand for superabsorbent polymers for feminine hygiene products, particularly natural superabsorbent polymers, will drive total sales, with the market expected to grow at a 4.9% CAGR through 2032.

For more insights into the Market, Request a Sample of this Report:
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Key findings of the Super Absorbent Polymers market study:

  • The report provides a present market outlook on Super Absorbent Polymers. Additionally, the Super Absorbent Polymers market share is anticipated to grow with a CAGR of 4.9% in the forecast period.
  • Regional breakdown of the Super Absorbent Polymers market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Super Absorbent Polymers vendors in detail.
  • Region-wise and country-wise fragmentation of the Super Absorbent Polymers market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Super Absorbent Polymers market.
  • Super Absorbent Polymers price, market share, and Trends forecast for assessment period 2022-2032

Competitive Landscape:

BASF SE, Chase Corp, Chemtex Speciality Limited, Evonik Industries AG, Gel Frost Packs Kalyani Enterprises, LG Chem, Nippon Shokubai Co. Ltd, Sanyo Chemical Industries Ltd, Songwon, Sumitomo Seika Chemicals Co. Ltd, Wanhua Chemical Group Co. Ltd, Demi, NSB Polymers, and M2 Polymer Technologies are major suppliers of superabsorbent polymers.

  • In March 2021, BASF announced an investment of around US$ 30 Mn to build a superabsorbent excellence centre at Antwerp, Belgium. This investment is projected to enhance the company’s position in the product development of superabsorbent.
  • In February 2021, Chase Corp announced acquiring the assets of Emerging Technologies, a solution provider and formulator of superabsorbent polymers. Through this acquisition, the company aims at expanding its market reach in the superabsorbent business.

Fact.MR has provided detailed information about the price points of top superabsorbent polymer manufacturers positioned across regions, in addition to providing sales growth information, production capacity, and speculative production expansion in the recently published report.

Key Segments of Superabsorbent Polymers Industry Research:

·         By Type :

  • Petroleum-based Superabsorbent Polymers
    • Sodium Polyacrylate
    • Polyacrylamide Copolymer
  • Non-petroleum-based Superabsorbent Polymers

·         By Grade :

  • Standard Grade Superabsorbent Polymers
    • Virgin
    • Reclaimed
  • Medical Grade
  • Food/Agricultural Grade

·         By Application :

  • Hygiene & Personal Care Products
    • Baby Diapers
    • Adult Diapers
    • Feminine Hygiene Products
      • Sanitary Napkins
      • Under Pads
    • Wet Wipes
  • Agriculture
    • Drought Resistance
    • Nutrient and Water Preservation
  • Industrial
    • Dessication
    • Water Swellable Tapes
    • Spill Control
    • Others
  • Medical
    • Wound Care
      • Traditional Wound Care
      • Advanced Wound Care
    • Medical Waste Control
    • Others

·         By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa

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Winning Strategy

Manufacturers of superabsorbent polymers can be seen majorly carrying out successful acquisitions to gain a competitive advantage. Also, major market players have invested heavily into product development and R&D to enhance their product portfolios.

Moreover, CAPEX-intensive firms have started manufacturing bio-based or non-petroleum-based superabsorbent polymers keeping in mind stringent regulations, which is poised to hamper the procurement of non-petroleum based SAPs over next decade.

Queries addressed in the Super Absorbent Polymers market report:

  • Why are the Super Absorbent Polymers market players targeting region for increased product sales?
  • What patented technologies are the players utilizing in the global Super Absorbent Polymers market?
  • Which regions are displaying the fastest growth in the Super Absorbent Polymers market?
  • What are the underlying micro- macroeconomic factors affecting the global Super Absorbent Polymers market?

 


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