Global Superabsorbent Polymer Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, 2015-2030

The Global Superabsorbent Polymer Market Stood Nearby 3200 Thousand Tonnes in 2021 and is Expected to Grow at an Impressive CAGR of 5.06% During the Forecast Period Until the Year 2030

The global Superabsorbent Polymer market stood nearby 3200 thousand tonnes in 2021 and is expected to grow at an impressive CAGR of 5.06% during the forecast period until the year 2030. The rising demand of new and improved water-absorbing polymers for manufacturing sanitary products is driving the Superabsorbent polymer market.

Superabsorbent polymer (SAP) is a polymer with cross-linked structure which prevents disintegration. This substance possesses a high capacity to absorb liquids. It can be produced at cheap costs. The primary market driving factor for the growth of Superabsorbent Polymer market is its application in Personal hygiene Industry. To absorb water and aqueous solutions, SAPs are frequently used in baby diapers, adult diaper products, and feminine hygiene products like sanitary napkins. It is a better alternative to cotton in sanitary napkins and prevents the chances of vaginal cancer. Furthermore, its application in the medical sector for surgical bands, dressings, and implants is another leading fragment of the market. Moreover, the application of SAP in the agriculture sector such as drip irrigation is anticipated to further propel its demand in the forecast period. The Superabsorbent Polymer market demand is expected to reach approximately 5100 thousand tonnes by 2030.

Based on region, Asia Pacific is dominating across all the areas around the globe, With a regional share of over 40% in 2021, Asia-Pacific is expected to have the biggest demand for superabsorbent polymer globally, followed by Europe. Growing demand for baby diapers due to greater birth rates, higher disposable incomes, and expanding public awareness of hygiene, particularly in China and India, are factors driving the SAP market in the emerging economies of APAC. Moreover, Asia Pacific is also leading in terms of producing SAP as majority of the factories are set up in locations like China, Japan, and Korea.

Based on the end-user industry, the global Superabsorbent Polymer market is segmented into Personal hygiene, Medical, Agriculture, and Others. The Personal hygiene industry is dominating the Superabsorbent Polymer market. In 2021, this industry held a market share of nearly 75% of the global SAP market. It is anticipated that this sector will maintain its position owing to growing demand of crops with the fast-growing population across the globe. Other applications of Superabsorbent Polymer in the medical sector owing to its high-absorption rate along with ability to replace traditional materials like cotton and cloth is anticipated to further fuel the Superabsorbent Polymer demand in the forecast period.

Major producers in the production of Global Superabsorbent Polymer market are OCP Group, Mosaic Company, IFFCO, Nutrien, Ma’aden, J.R. Simplot Company, ICL-YTH Group, Wengfu Group Co., Ltd., ICL(Rotem), Indorama (Industries Chimiques du Senegal), PhosAgro, Foskor Group, Rotem Amfert Negev Ltd., Yara, Coromandal International limited, JIFCO, and Indo Maroc Phosphore SA (IMACID).

Years considered for this report:

• Historical Period: 2015- 2021
• Base Year: 2021
• Estimated Year: 2022
• Forecast Period: 2023-2030

Objective of the Study:

• To assess the demand-supply scenario of Superabsorbent Polymer which covers production, demand and supply of Superabsorbent Polymer market in the globe.
• To analyze and forecast the market size of Superabsorbent Polymer
• To classify and forecast Global Superabsorbent Polymer market based on end-use and regional distribution.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., of Superabsorbent Polymer market in the globe.

To extract data for Global Superabsorbent Polymer market, primary research surveys were conducted with Superabsorbent Polymer manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, the publisher was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, the report analyzes various segments and projected a positive outlook for Global Superabsorbent Polymer market over the coming years.

The publisher calculated Superabsorbent Polymer demand in the globe by analyzing the historical data and demand forecast which was carried out considering the raw material to produce Superabsorbent Polymer. The publisher sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by the publisher.

Key Target Audience:

• Superabsorbent Polymer manufacturers and other stakeholders
• Organizations, forums and alliances related to Superabsorbent Polymer distribution
• Government bodies such as regulating authorities and policy makers
• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Superabsorbent Polymer manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Report Scope:

In this report, Global Superabsorbent Polymer market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, by End-use: Personal hygiene, Medical, Agriculture, and Others
• Market, by Sales Channel: Direct Sale and Indirect Sale
• Market, by Region: North America, Europe, Asia Pacific, Middle East and Africa, and South America.

Available Customizations:

With the given market data, the publisher offers customizations according to a company’s specific needs.