The global Super Absorbent Polymers market reached a volume of about 2.94 MMT in 2021. The industry is projected to grow at a CAGR of around 5.3% in the forecast period of 2022-2027 to reach a volume of about 4 MMT by 2027.
The global Super Absorbent Polymers industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The market is being driven by the personal care sector, which employs the product in commodities like baby diapers/nappies, incontinence products, and other items. In the industry report, the key demand indicator is the highest category spender by region—Asia Pacific.
A water-absorbing polymer known as a superabsorbent polymer (SAP) can absorb and retain huge volumes of liquid compared to its mass. It is a substance that can absorb up to 300 times its weight in an aqueous solution, and they do not release it once it has been soaked. As a result, they're employed in fluid-containing items, including infant diapers/nappies, incontinence products, and feminine hygiene pads and liners. The Super Absorbent Polymers industry report comprises segments by application (Disposable Baby Diapers, Adult Incontinence Products, Feminine Hygiene Products) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
The Asia Pacific region holds the largest share in the market due to the rising demand for superabsorbent polymers in the area. Several factors include the increasing population and low labour and raw material costs. Furthermore, the growing number of end-use industries in the area, paired with the number of inventions and advances in super absorbent polymers, supports the market's expansion. Expansion in population in countries such as China, India, Africa, and others, as well as a rise in the popularity of diaper pants and increased consumer knowledge about newborn cleanliness, are all contributing to the growth of the superabsorbent polymer industry.
The industry is being driven by the product's application in personal care products. Diapers, adult incontinence products, feminine hygiene products, and unique disposable hygiene products all employ super absorbent polymers as absorbents. The ability to absorb fluids, urine, or blood is the most significant feature of these items. The strong demand for sanitary napkins is due to a growing female population and increased awareness of personal cleanliness. Furthermore, as the senior population grows and people become more aware of the benefits and convenience of adult incontinence products, the use of superabsorbent polymers is extending. With the prevalence of adult incontinence on the rise, governments worldwide are focusing their efforts on developing incontinence solutions in collaboration with manufacturers and medical experts. In emerging economies, feminine hygiene is a marketable quality. Government initiatives and public awareness campaigns are propelling the superabsorbent polymer industry. Other factors such as rising literacy rates, increased spending power, and a stronger focus on healthcare boost market growth.
However, factors such as the fluctuation in raw materials prices and rising concern over the product's sustainability are likely to restrict the market growth.
The global Super Absorbent Polymers industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Super Absorbent Polymers regions, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
The product has three different methods, and the gel polymerisation method is widely used. Acrylic acid, water, cross-linking agents, and UV initiator chemicals are mixed and placed on a conveyor belt or huge tubs. After that, the liquid combination is placed in a "reactor," a lengthy room with a series of powerful UV lamps. The polymerisation and cross-linking reactions are accelerated by UV radiation. The "logs" that result are sticky gels that contain 60-70 percent water. The logs are shredded or pulverised and then dried in various ways. An additional cross-linking agent can be sprayed on the surface of the particles, which boosts the product's propensity to expand under pressure. The dried polymer particles are tested for particle size distribution and packing before being packaged.
The industry is being propelled by developing ultra-absorbent polymers based on renewable elements that are expected to create new opportunities. Super absorbent polymers are made from renewable resources. They are an excellent alternative to petrochemical-based polymers like sodium polyacrylate and potassium polyacrylate, which are presently employed in the absorbent core of disposable diapers and other personal hygiene items. Biodegradable polymers have a considerable market share advantage over superabsorbent polymers. The rising demand for alternatives to petroleum-based polymers has stemmed from a growing customer focus on sustainability and expanding environmental awareness. Smart hydrogels are employed in biosensors, drug delivery systems, artificial muscles, enzymatic processes, chemical agent purification, and other SAP applications. In the agriculture sector, this substance in the soil collects water from rains or heavy irrigation and slowly releases it to the roots, resulting in faster development. They can also be employed to discharge insecticides and agrochemicals in a regulated manner. SAP may promote a variety of soil qualities and boost nutrient retention and water-holding capacity in dry soil.
The regional markets for the industry can be divided into Europe, North America, Asia Pacific, South America, and the Middle East and Africa.
The worldwide SAP market is very competitive, with global competitors dominating the industry with competitively sophisticated SAP-based solutions. To stay competitive in the superabsorbent polymer market, leading players employ various methods such as product introduction, business growth, acquisition, partnership, cooperation, and agreement. Due to increased demand, leading market manufacturers are focused on collaborations with large distributors and ramping up their existing production capacity. In addition, businesses are heavily spending on research and development to give improved and creative goods to customers for various purposes.
1. Executive Summary
2. Global Super Absorbent Polymers Market Snapshot
2.1. Super Absorbent Polymers Market Outlook
2.2. Super Absorbent Polymers Industry Analysis by Application
2.2.1. Disposable Baby Diapers
2.2.2. Adult Incontinence Products
2.2.3. Feminine Hygiene Products
2.3. Regional Overview
2.3.1. North America
2.3.3. Asia Pacific
2.3.4. Latin America
3. Impact of Recent Events
4. Super Absorbent Polymers Value Chain Analysis
5. Super Absorbent Polymers Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Super Absorbent Polymers Cost Structure
9. Super Absorbent Polymers Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Super Absorbent Polymers Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. SWOT Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Industry Best Practices
13.1. Sourcing Strategy
13.2. Procurement Model
13.3. Contract Structure
13.4. Negotiation Levers
13.5. Pricing Model
13.6. Key Factors Influencing the Quotation
14. Key Supplier Analysis
14.1. Nippon Shokubai Co.,Ltd.
14.2. BASF SE
14.3. Evonik Industries AG
14.4. SDP Global Co., Ltd.
14.5. Sumitomo Seika Co.,Ltd.
The global Super Absorbent Polymers market size was valued at 2.94 MMT in 2021.
As per the application provided, the Disposable baby diapers segment is anticipated to lead the market between the period 2022 – 2027.
The significant demand for the product in the manufacturing of personal care products is one of the essential drivers of the Super Absorbent Polymers market growth.
Nippon Shokubai Co., Ltd., BASF SE, Sumitomo Seika Chemicals Co., Ltd., SDP Global Co., Ltd., LG Chem Ltd., Formosa Plastics Corporation, and Evonik Industries AG are some of the leading companies of the market.
The Asia Pacific region of the Super Absorbent Polymers industry holds a significant share in the market.
The global Super Absorbent Polymers market attained a volume of 2.94 MMT in 2021, driven by the product's application in personal care products like sanitary napkins, etc. The growing awareness about personal hygiene is driving the market demand. In addition, the rising geriatric population is also boosting the demand. Other factors such as rising literacy rates, growing government initiatives, increased spending power, and a stronger focus on healthcare boost market growth. Aided by the growing product innovations, the market is expected to witness a further increase in the forecast period of 2022-2027, growing at a CAGR of 5.3%. The market is projected to reach a volume of around 4 MMT by 2027. Some of the leading players in the industry are Sumitomo Seika Chemicals Co., Ltd., Nippon Shokubai Co., Ltd., BASF SE, SDP Global Co., Ltd., LG Chem Ltd., Formosa Plastics Corporation, and Evonik Industries AG.
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