Global Super Absorbent Polymers Market Is Expected to Reach USD 14.9 Billion In 2026
The global super
absorbent polymers market was valued at USD 8.4 billion in 2018 and is expected to reach USD 14.9 billion in 2026,
growing at a CAGR of 7.5% during the forecast period.
Super absorbent
polymers (SAPs) are capable of absorbing an exceptionally big quantity of water
and aqueous solution relative to their own mass. It is therefore widely used in
private disposable hygiene products, including diapers, adult diapers and
sanitary napkins. Growing population, focusing on efficient irrigation
management, increasing demand for fluff less personal hygiene products, and the
implementation of eco-friendly products are main factors ascribed to the
development of the super absorbent polymers industry. On the other hand,
volatility in raw material prices coupled with matured diaper market in
developing economies are creating major hindrance for its market growth.
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The Sodium polyacrylate
segment expected to lead the market throughout the forecast period Based on
type, the global super absorbent polymers market has been segmented into sodium
polyacrylate, polyacrylate/polyacrylamide copolymer, and others. Sodium
polyacrylate accounted for the largest share of the super absorbent polymer
market, in 2018The growing demand for this commodity is primarily owing to its
capacity to absorb as much water as 400–800 times its mass. It is therefore
commonly accepted in the areas of personal hygiene and agricultural
applications.
Based on application,
the personal hygiene segment is expected to grow at a CAGR of around 8.5%
throughout the forecast period Based on application, the market has been
segmented into agriculture, personal hygiene, medical, industrial, and others.
The personal hygiene segment is expected to grow at the fastest rate during the
forecast period. Super absorbent polymer has a high demand for private
disposable hygiene products, such as baby diapers, adult protective underwear
and sanitary napkins. Increasing the birth rate and awareness of personal
hygiene are leading to an increase in the global demand for baby diaper
sanitary napkins. Moreover, the growing aging population and the increasing
number of cases of adult incontinence are resulting in the consumption of adult
diapers.
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Asia-Pacific to
dominate the super absorbent polymers market throughout the forecast period Asia-Pacific
accounted for more than 30% share of the global super absorbent polymers market
in 2018 and is expected to dominate the market throughout the forecast period.
China is the biggest consumer of super absorbent polymer in the Asia-Pacific
region. Growing population and increasing health and hygiene consciousness are
the main growth factors for super absorbent polymers in the Asia-Pacific
region.
Company Profiles and Competitive Intelligence:
The major players operating in the global Super
absorbent polymers market are
·
BASF (Germany),
·
Evonik (Germany),
·
Nippon Shokubai
(Japan),
·
Sumitomo (Japan),
·
SDP Global (Japan),
·
Formosa (Taiwan),
·
LG Chem (South Korea),
·
Yixing Danson (China),
·
Satellite Science &
Technology Co., Ltd. (China),
·
Kao Corporation (Japan)
·
among others.
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Table of Content
Chapter 1 Executive
Summary
1.1.Market
Summary
1.1.1.Global Super Absorbent Polymers Market, 2016-2026, (USD Million)
1.2.Market Snapshot: Global Super Absorbent Polymers Market
1.3.Market Dynamics
1.4.Global Super Absorbent Polymers Market, by Segment, 2018
1.4.1.Global Super Absorbent Polymers Market, by Type, 2018, (USD Million)
1.4.2.Global Super Absorbent Polymers Market, by Application, 2018, (USD Million)
1.4.3.Global Super Absorbent Polymers Market, by Region, 2018 (USD Million)
1.5.Premium Insights
1.5.1.Super Absorbent Polymers Market in Developed Vs. Developing Economies, 2018 vs 2026
1.5.2.Global Super Absorbent Polymers Market: Regional Life Cycle Analysis
1.1.1.Global Super Absorbent Polymers Market, 2016-2026, (USD Million)
1.2.Market Snapshot: Global Super Absorbent Polymers Market
1.3.Market Dynamics
1.4.Global Super Absorbent Polymers Market, by Segment, 2018
1.4.1.Global Super Absorbent Polymers Market, by Type, 2018, (USD Million)
1.4.2.Global Super Absorbent Polymers Market, by Application, 2018, (USD Million)
1.4.3.Global Super Absorbent Polymers Market, by Region, 2018 (USD Million)
1.5.Premium Insights
1.5.1.Super Absorbent Polymers Market in Developed Vs. Developing Economies, 2018 vs 2026
1.5.2.Global Super Absorbent Polymers Market: Regional Life Cycle Analysis
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