Newark, Dale, July 14, 2022 (GLOBE NEWSWIRE) – The global super absorbent polymers market was valued at US$9.18 billion in 2021. The market is expected to grow at a steady compound annual growth rate of 4.9% during the forecast period 2021-2031. Super absorbent polymers have a wide range of facilities across multiple sectors. Its application in the production of primarily disposable diapers will lead to market expansion of super absorbent polymers, which account for approximately 76% of global sales.
The increased use of superabsorbent polymers in the production of disposable diapers, feminine hygiene products and adult incontinence products among others will continue to increase sales of superabsorbent polymers.
Increased awareness of personal hygiene and hygiene, increased disposable income of consumers along with high prevalence of urinary incontinence, foster a positive growth environment for the market. The increasing incidence of urinary incontinence has prompted healthcare professionals to develop incontinence solutions in partnership with manufacturers.
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And increasingly favorable healthcare and reimbursement policies by governments around the world have cemented a willingness in consumers to spend more on quality incontinence products. All these factors are expected to boost the market growth of super absorbent polymers.
“Apart from incontinence products, superabsorbent polymers are finding applications in agriculture, construction and packaging solutions. This is likely to increase sales of superabsorbent polymers in the global market,” says an analyst at FMI.
The main takeaway:
- Disposable nappies account for 76% of global sales of super absorbent polymers.
- The agricultural, construction and packaging sectors are increasingly using super absorbent polymers.
- Feminine hygiene products have 7.8% of market revenue.
- China is expected to capture 76% of the super absorbent polymer market share in East Asia during the forecast period.
- The super absorbent polymers market in India will rise to a compound annual growth rate of 5.8%.
- Japan recorded over 16% market share in East Asia in 2021.
- Brazil is expected to present significant growth potential during the period 2021-2031.
Nippon Shokubai Co., Ltd, Evonik Industries AG, BASF SE., Kao Corporation, Sumitomo Seika Chemicals Co., Ltd. Ltd., Sanyo Chemicals Industries, Ltd., LG Chemicals Ltd., Yixing Danson Technology, Zhejiang Weilong Polymer Material Co., Ltd., Quan Company, Zhou Banglida Technology Industry Co., Ltd., Shandong Nuoer Biological Technology Co., Ltd., Wanhua Chemical Group Co., Ltd, Sinofloc Chemical Ltd., SNF (UK) Limited, Formosa Plastic Corporation and Songwon Industrial Co. Ltd. Others are the key organizations in the Super Absorbent Polymer market which are described in the full version of the report.
Collaborations and partnerships are crucial strategies used by organizations operating in the global market to expand their regional reach. These market players are also investing in expanding their manufacturing facilities in order to gain a competitive advantage.
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More insights into the Super Absorbent Polymers market report
In its latest report, FMI presents an unbiased analysis of the global Super Absorbent Polymers market, providing historical data from 2017 to 2021 and forecast statistics for the period from 2021 to 2031. To understand the global market prospects, growth, and scope, the market is segmented into segments based on product type. (sodium polyacrylate, polyacrylamide copolymer, and others), application (disposable diapers, adult incontinence products, feminine hygiene products, agricultural products, etc.), and region.
Regional Analysis of Super Absorbent Polymers Market
According to the latest FMI reports, the Asia Pacific region is set to gain growth momentum in sAbsorbent polymers market. Japan, China and India are expected to lead the growth of the regional market. In 2021, China sThe absorbent polymers market grew 3.9% year-on-year. Rising disposable income and increasing consumer spending on personal care and hygiene products make China one of the largest consumer bases for personal hygiene products.
Since more than one-tenth of the world’s babies are in China, the demand for disposable nappies is high. This bodes well for the regional market.
sThe market for absorbent polymers in India is experiencing incredible growth. Driven by raising awareness about hygiene and cleanliness, sThe market demand for absorbent polymers is set to register a compound annual growth rate (CAGR) of 5.8% during the assessment period. High birth rate, huge population and developed economy are all contributing factors to the growth of the market. The growing demand for women’s health care and baby products is driving the growth of the regional market.
Japan accounted for more than 16% of sSales of super absorbent polymers market last year. The country is considered one of the most important sUpper absorbent polymer markets as here is the first sA higher absorbent polymer was produced which subsequently led to higher adoption rates. The rising number of elderly people has led to an increase in the number of enuresis cases which in turn will boost the growth of the Japanese market.
Latin America offers significant growth potential in the market. Brazil sThe super absorbent polymers market is driving regional growth. Due to the increased awareness of menstrual hygiene s The market for absorbent polymers is experiencing significant growth in Brazil.
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Super Absorbent Polymers Market by Category
By product type
- Sodium polyacrylate
- polyacrylamide copolymer
Depending on the type of application
- disposable diapers
- Adult Incontinence Products
- Feminine Hygiene Products
- agricultural products
Super Absorbent Polymers Market Segmentation Analysis
By application, the diaper category holds the largest—exceeding 76%—percentage of revenue share in the market. This category is closely followed by hygiene products in terms of market dominance.
Depending on product type, sodium polyacrylate leads the market with a market share of approximately 64% in 2021. Its high absorption rates – nearly 800 times its weight – help in the popularity of this category.
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1. Executive Summary
1.1 Global Market Outlook
1.2 Demand-side trends
1.3 Supply-side trends
1.4 Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Rating
2.2. Market Definition / Scope / Limitations
3. Main market trends
3.1. The main trends affecting the market
3.2 Product innovation/development trends
4. Key success factors
4.1 Product Approval/Usage Analysis
4.2 Product Features/Features
4.3 Strategic Promotional Strategies
5. Universal super absorbent polymers (SAP) market Demand Analysis 2016 – 2020 and Forecast, 2021 – 2031
5.1 Historical Market Size Analysis (Units), 2016-2020
5.2 Current and future market size forecasts (units), 2021 – 2031
5.3 Annual growth trend analysis
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The Chemicals unit at FMI provides specific and accurate analysis of the Chemicals and Chemicals industry. This detailed coverage spans from commodities, bulks, specialties, and petrochemicals to advanced materials, composites and nanotechnology in particular, with a particular focus on “green alternatives, recycling, renewable technology developments, supply and demand assessments, and trade. Our research studies serve as reference market guides for chemical manufacturers, and enterprises Research, channel partners, and government agencies to develop – “The Way Forward”.
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