The Europe super absorbent polymer market was valued at US$ 1.67 billion in 2022 and is expected to reach US$ 2.62 billion by 2030; it is estimated to register a CAGR of 5.8% from 2022 to 2030.
Super absorbent polymers are integrated into advanced wound dressings, which create a gel-like consistency to protect the wound and aid the healing process. Super absorbent polymers are lightweight and comfortable, making them ideal for incorporation into medical textiles and dressings. The adoption of super absorbent polymer in the healthcare sector is attributed to its versatility, performance, benefits, and ability to address critical needs in various applications of the medical sector.
It is used as a bandage for diabetic foot ulcers, pressure ulcers, leg venous and arterial ulcers, first and second-degree burns, post-operative wounds, and traumatic wounds. As per the National Pressure Ulcer Advisory Panel, the incidence of pressure ulcers ranges from 0.4-38% in hospitals, from 2.2-23.9% in skilled nursing facilities, and from 0-17% for home health agencies. Thus, the rising adoption of super absorbent polymers in the healthcare sector drives the super absorbent polymer market.
Individuals with several medical conditions, such as mobility impairment or cognitive disorders, require adult diapers to manage incontinence. According to research by the European Association of Urology in 2023, incontinence is reported to become a major health problem in Europe, resulting in total accumulated economic burden of more than US$ 350 billion in 2030. The report also revealed that nearly 55-60 million Europeans suffer from continence health problems.
The increasing demand for wound care dressing and incontinence products is propelling the growth of super absorbent polymer market. The emphasis on sustainable and eco-friendly solutions has spurred innovation in the super absorbent polymer market. The rising research in bio-based super absorbent polymer aligns with Europe's commitment to environmental sustainability and promoting a circular economy. Therefore, rising incontinence issues and growing emphasis on the development of bio-based super absorbent polymers are expected to create lucrative opportunities for market growth.
Increasing Adoption of Super Absorbent Polymers in the Healthcare Sector Drives Europe Super Absorbent Polymer Market
Super absorbent polymers are used in wound dressings to manage exudate. Their high absorbency helps maintain a moist wound environment, promoting healing and preventing infections. It is also used in surgical products such as disposable underpads and absorbent surgical drapes. These aid in managing fluids during medical procedures, contributing to a cleaner and sterile surgical environment. In the healthcare setting, super absorbent polymers are utilized in various hygiene products such as bed pads and hospital underpads. This helps in managing bodily fluids and maintaining cleanliness in medical facilities.Super absorbent polymers are integrated into advanced wound dressings, which create a gel-like consistency to protect the wound and aid the healing process. Super absorbent polymers are lightweight and comfortable, making them ideal for incorporation into medical textiles and dressings. The adoption of super absorbent polymer in the healthcare sector is attributed to its versatility, performance, benefits, and ability to address critical needs in various applications of the medical sector.
It is used as a bandage for diabetic foot ulcers, pressure ulcers, leg venous and arterial ulcers, first and second-degree burns, post-operative wounds, and traumatic wounds. As per the National Pressure Ulcer Advisory Panel, the incidence of pressure ulcers ranges from 0.4-38% in hospitals, from 2.2-23.9% in skilled nursing facilities, and from 0-17% for home health agencies. Thus, the rising adoption of super absorbent polymers in the healthcare sector drives the super absorbent polymer market.
Europe Super Absorbent Polymer Market Overview
According to a report by the United Nations Population Fund in 2022, the share of the aged population is anticipated to reach 30% of the total population in Europe by 2050. The aging and geriatric population is most likely to suffer from incontinence and require adult diapers to manage incontinence. Further, adult diapers are widely used in hospice and palliative care settings to ensure the comfort of patients with limited mobility due to their medical conditions.Individuals with several medical conditions, such as mobility impairment or cognitive disorders, require adult diapers to manage incontinence. According to research by the European Association of Urology in 2023, incontinence is reported to become a major health problem in Europe, resulting in total accumulated economic burden of more than US$ 350 billion in 2030. The report also revealed that nearly 55-60 million Europeans suffer from continence health problems.
The increasing demand for wound care dressing and incontinence products is propelling the growth of super absorbent polymer market. The emphasis on sustainable and eco-friendly solutions has spurred innovation in the super absorbent polymer market. The rising research in bio-based super absorbent polymer aligns with Europe's commitment to environmental sustainability and promoting a circular economy. Therefore, rising incontinence issues and growing emphasis on the development of bio-based super absorbent polymers are expected to create lucrative opportunities for market growth.
Europe Super Absorbent Polymer Market Segmentation
- The Europe super absorbent polymer market is segmented into type, category, application, and country.
- Based on type, the Europe super absorbent polymer market is categorized into polyacrylic acid, polyacrylamide, sodium polyacrylate, potassium polyacrylate, polysaccharides, and others. The sodium polyacrylate segment held the largest market share in 2022.
- In terms of category, the Europe super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held a larger market share in 2022.
- By application, the Europe super absorbent polymer market is segmented into personal care, agriculture, healthcare, building & construction, and others. The personal care segment held the largest market share in 2022.
- Based on country, the Europe super absorbent polymer market is segmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe super absorbent polymer market share in 2022.
- LG Chem, Ltd.; BASF SE, Sumitomo Seika Chemicals Co., Ltd.; Nippon Shokubai Co., Ltd.; Evonik Industries AG; Chase Corp; Songwon Industrial Co Ltd; and Satellite Chemical Co., Ltd. are among the leading companies operating in the Europe super absorbent polymer market.
Market Highlights
- Based on type, the Europe super absorbent polymer market is categorized into polyacrylic acid, polyacrylamide, sodium polyacrylate, potassium polyacrylate, polysaccharides, and others. The sodium polyacrylate segment held 46.1% market share in 2022, amassing US$ 770.89 million. It is projected to garner US$ 1.26 billion by 2030 to register 6.4% CAGR during 2022-2030.
- In terms of category, the Europe super absorbent polymer market is bifurcated into synthetic and biobased. The synthetic segment held 63.3% share of Europe super absorbent polymer market in 2022, amassing US$ 1.05 billion. It is anticipated to garner US$ 1.63 billion by 2030 to expand at 5.6% CAGR during 2022-2030.
- The personal care segment held 69.9% share of Europe super absorbent polymer market in 2022, amassing US$ 1.16 billion. It is projected to garner US$ 1.86 billion by 2030 to expand at 6.0% CAGR from 2022-2030.
- This analysis states that the Rest of Europe captured 31.2% share of Europe super absorbent polymer market in 2022. It was assessed at US$ 521.77 million in 2022 and is likely to hit US$ 781.21 million by 2030, registering a CAGR of 5.2% during 2022-2030.
- In March 2022, Sumitomo Seika made price adjustments to its production of Super Absorbent Polymers due to increased costs for raw materials, auxiliary raw materials, energy, and packaging. The company is committed to maintaining a stable supply of quality products and services, despite internal efforts to minimize the impact of these cost increases. The company remains committed to serving its customers.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe super absorbent polymer market.
- Highlights key business priorities to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe super absorbent polymer market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe super absorbent polymer market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Europe Super Absorbent Polymer Market Landscape
5. Europe Super Absorbent Polymer Market - Key Market Dynamics
6. Super Absorbent Polymer Market - Europe Analysis
7. Europe Super Absorbent Polymer Market Analysis - Type
8. Europe Super Absorbent Polymer Market Analysis - Category
9. Europe Super Absorbent Polymer Market Analysis - by Application
10. Europe Super Absorbent Polymer Market - Country Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the Europe Super Absorbent Polymer market include:- LG Chem, Ltd.
- BASF SE
- Sumitomo Seika Chemicals Co., Ltd.
- Nippon Shokubai Co., Ltd.
- Evonik Industries AG
- Chase Corp
- Songwon Industrial Co Ltd
- Satellite Chemical Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 125 |
| Published | August 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 1.67 Billion |
| Forecasted Market Value ( USD | $ 2.62 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 9 |
