Superabsorbent Polymers Market Research Report - Forecast to 2030

Superabsorbent Polymers Market Global Information: by Type (Sodium polyacrylate, Polyacrylamide copolymer, and others), Application (Health Care & Personal Care, Agriculture, Industry, Mining &Petroleum and Others) and Region Forecast to 2030

ID: MRFR/CnM/1424-HCR | February 2021 | Region: Global | 135 pages

Superabsorbent Polymers Market

Super Absorbent Polymer Market is projected to be worth USD 19.35 Billion by 2030, registering a CAGR of 10.75% during the forecast period (2022 - 2030)

Segmentation

By Type Sodium polyacrylate Polyacrylamide copolymer Others
By Application Health Care & Personal Care Agriculture Industry Mining & Petroleum Others

Key Players

  • Formosa Plastics Corporation
  • KAO Corporation
  • LG Chem Ltd.
  • SDP Global Co. Ltd.
  • Sumitomo Seika Chemicals Co. Ltd.

Drivers

  • Its growing acceptance in various industries apart from health care and personal care.
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Superabsorbent Polymers Market Overview

Super Absorbent Polymer Market is projected to be worth USD 19.35 Billion by 2030, registering a CAGR of 10.75% during the forecast period (2022 - 2030), The market was valued at USD 10 billion in 2021.

Superabsorbent Polymers market is growing in a significant growth rate. The Superabsorbent Polymers have the capacity to withhold quantities of liquid than its actual mass. Other major factor contributing to the growth of the industry includes its growing acceptance in various industries apart from health care and personal care. Geographically, Asia-Pacific is expected to be the largest market for Superabsorbent Polymers. This share is contributed more towards growth of emerging economies, cheap labor cost in APAC and economical material used for production process.  


Market Synopsis of Superabsorbent Polymers Market 


Study Objectives of Superabsorbent Polymers Market:



  • To study detail of Global Superabsorbent Polymers market by product type, by application and by region in forecasted period 2022.

  • To identify the market dynamics of Superabsorbent Polymers market dynamics by drivers, restrains, opportunities and challenges.

  • To analyze various factors like Value chain analysis and porters five forces model.

  • To provide historical and forecast revenue of market segment with respect to North America, Europe, APAC and RoW.

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

  • To track mergers and acquisitions, strategic alliances, new product development of each applicant Superabsorbent Polymers market.


 


Market Segmentation:


 


 


Global Superabsorbent Polymers Market 


Key Players: The key players in market includes BASF SE, Nippon Shokubai Co. Ltd., Evonik Industries AG, SDP Global Co. Ltd., Formosa Plastics Corporation, KAO Corporation, LG Chem Ltd., SDP Global Co. Ltd., Sumitomo Seika Chemicals Co. Ltd., Songwon Industrial Co. Ltd. and Yixing Danson Technology. Intended Audience:



  • Manufacturers and distributors of Superabsorbent Polymers.

  • Suppliers and traders of Superabsorbent Polymers.

  • Government, associations and industrial bodies.

  • Investors and Trade experts.

  • Consulting in chemical experts.


Geographic Analysis: The report covers brief analysis of geographical region includes


North America



  • US

  • Canada


Europe



  • Germany

  • France

  • Italy

  • Netherlands

  • U.K.

  • Rest of Europe


APAC



  • China

  • India

  • Japan

  • Rest of Asia-Pacific


RoW



  • South America

  • Middle East

  • Africa


Recent Development

November 2020
NIPPON SHOKUBAI CO., LTD. (Headquarters: Osaka, Japan, President: Yujiro Goto, hereinafter "Nippon Shokubai"), LiveDo Corporation (Headquarters: Osaka, Japan, President: Takao Kusumi), and Total Care System (Headquarters: Fukuoka, Japan, President: Takeshi Cho) are jointly developing a variety of various technologies to promote the spread of systems that recycle disposable diapers, the use of which continues to increase. These three companies have recently developed new recycling technologies for superabsorbent polymers (SAPs) in used diapers.

March 2021 BASF to invest €25 million in its superabsorbent polymer business



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: USD 19.35 Billion
  CAGR   10.75% (2022–2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, Application and Region
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE, Nippon Shokubai Co. Ltd., Evonik Industries AG, SDP Global Co. Ltd., Formosa Plastics Corporation, KAO Corporation, LG Chem Ltd., SDP Global Co. Ltd., Sumitomo Seika Chemicals Co. Ltd., Songwon Industrial Co. Ltd. and Yixing Danson Technology
  Key Market Opportunities   Capacity to withhold quantities of liquid than its actual mass
  Key Market Drivers   Its growing acceptance in various industries apart from health care and personal care.


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Frequently Asked Questions (FAQ) :

The APAC region is expected to spearhead the superabsorbent polymers market.

It finds extensive applications in mining and petroleum, agriculture, healthcare and personal care, and others.

Rising population and increasing use in various end use industries are boosting market growth.

Top players profiled in the superabsorbent polymers market include Songwon Industrial Co., Ltd. (South Korea), Sumitomo Seika Chemicals Co., Ltd. (Japan), 3M Company (U.S.), SDP Global Co., Ltd. (Japan), LG Chem Ltd. (South Korea), Formosa Plastics Corporation (Taiwan), Kao Corporation (Japan), NIPPON SHOKUBAI CO., LTD. (Japan), Evonik Industries AG (Germany), and BASF SE (Germany).

Different strategies adopted by industry players to maintain dominance in the superabsorbent polymers market include mergers and acquisitions, collaborations, and partnerships.