Overview:

The global super absorbent polymers (SAP) market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. The polymers having superlative absorption properties and a cross-linked polymer structure that prevents dissolution are referred as super absorbent polymers (SAPs). The SAPs are also referred as slush powder. These are mainly used in disposable personal care goods. Depending on the ingredients and composition the SAP can be synthetic or natural in nature.

Market Dynamics:

The growing end user base and awareness about hygiene are major factors fueling growth of the global super absorbent polymers market. The personal hygiene product is a major application area of super absorbent polymers. Also, the increasing preference for products containing super-absorbent polymer such as sanitary napkins and disposable diapers is another factor driving growth of the target market.

In addition, rising disposable income and increasing government initiatives to increase awareness about the women and baby hygiene are among the other factors supporting growth of the global market. The healthcare expenditure and healthcare facility access has increased in emerging economies which is affecting growth of the target market positively.

Moreover, growing use of SAP based products in other application areas such as agriculture is augmenting growth of the global super absorbent polymers market. The super absorbent polymers are able to release and absorb water, and the water they consume can be absorbed constantly by the seed and root of the plant, thereby increasing soil moisture and lowering irrigation times.

Key Trends:

Rising focus on capacity expansion among key players to achieve competitive edge is a key trend witnessed in the global super absorbent polymers market. For example, in April 2019, LG Chemicals Ltd. has announced production capacity enhancement of super absorbent polymers by 100,000 tons per year at Yeosu facility located in South Korea.

Regional Analysis:

For detailed understanding of market dynamics, the global super absorbent polymers market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market dominated the global market in with highest market share in 2019. This is attributed to high usage of personal hygiene products among individuals and high awareness about benefits of personal hygiene. Also, wide presence of leading market players and growing adoption of super absorbent polymers (SAP) among other end use areas is supporting target market growth in the region.

The rapid industrialization and growing agriculture sector are key factors driving target market in Asia Pacific region. The Asia Pacific region is anticipated to witness highest growth over the forecast period.

Scope of the Report:

Detailed Segmentation:

Global Super Absorbent Polymers Market, By Type:

• Sodium Polyacrylate
• Polyacrylate/Polyacrylamide Copolymer
• Ethylene Maleic Anhydride Copolymer
• Polysaccharides
• Other Types

Global Super Absorbent Polymers Market, By Manufacturing Process:

• Suspension Polymerization
• Solution Polymerization
• Gel Polymerization

Global Super Absorbent Polymers Market, By Technology Grade:

• Agricultural Grade
• Industrial Grade
• Hygiene Grade

Global Super Absorbent Polymers Market, By Application:

• Personal Hygiene
• Agriculture
• Medical
• Industrial
• Packaging
• Construction
• Oil & Gas

Key Players Covered:

Key players operating in the global super absorbent polymers market includes BASF SE, NIPPON SHOKUBAI CO., LTD., Evonik Industries AG, Sumitomo Corporation, LG Chem Ltd., SDP Global Co. Ltd., Kao Corporation, Formosa Plastics Corporation, Satellite Science & Technology Co., Ltd., and Yixing Danson Science & Technology Co. Ltd.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Super Absorbent Polymers (SAP) Market by type, manufacturing process, technology grade, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2019 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global super absorbent polymers market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.