Super Absorbent Polymers Market Trends

  • Report ID: 4780
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Super Absorbent Polymers Market Trends

Growth Drivers

  • Growing Demand for Baby Diapers- In order to maintain dry skin, SAP provides support. To this end, the liquid is withdrawn from the skin and retained as an absorbing substance in the core of the product. The average volume per person in the baby's diaper is projected to reach about 1 kg worldwide by 2023. Furthermore, the volume of baby diapers is expected to rise from almost 9 billion kg by 2027.
  • Rising Use of Personal Hygiene Products- The use of super absorbent polymers in personal hygiene products especially women's sanitary products is widespread. In order to prevent diseases, the World Bank suggests promoting hygienic practices as the most cost-effective measure. In addition, by 2020 70 % of the world's population is expected to be using essential hygiene services.
  • Increasing Production of Agriculture Sector- SAP is used in agriculture practices to keep soil moist and use less water for irrigation. As per the statistics of the food and agriculture organizations by 2050, the global demand for cereals for food and animal feed is expected to increase from the current level of just under 2.1 billion tons to almost 3 billion tons.

Challenges

  • Indefinite Prices of Raw Materials- The main raw materials that is used for making super absorbent polymer is acrylic acid which in turn is derived from propylene. As propylene is a petroleum feedstock and other natural sources, therefore its prices are constantly changing meaning that the price of raw materials may also be influenced by final product prices.
  • Negative Impact on The Environment Because It Is Not Easy to Dispose Which Hinder the Growth of the SAP Market
  • The market radicals go through soil to the food chain.

Super Absorbent Polymers Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.4%

Base Year Market Size (2024)

USD 9.12 billion

Forecast Year Market Size (2037)

USD 20.43 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 4780
  • Published Date: Oct 09, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of super absorbent polymers is assessed at USD 9.59 billion.

The super absorbent polymers market size was valued at USD 9.12 billion in 2024 and is anticipated to reach USD 20.43 billion by the end of 2037, expanding at around 6.4% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for personal hygiene products, growing export and import of meat and eggs, and the rising demand for baby diapers will drive the market growth.

North America industry is set to account for largest revenue share 35% by 2037, backed by increased production, and export of meat and eggs in the region.

The major players in the market are BASF SE, LG Chemicals Ltd., Yixing Danson Technology Co., Zhejiang Weilong Polymer Material Co., Ltd., Sinofloc Chemicals Ltd., Wanhua Chemical Group Co., Ltd, Formosa Plastic Corporation, SNF Limited, Songwon Industrial Co. Ltd., and others.
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