Global Super Absorbent Polymer (SAP) Market Share Is Likely To Reach At A CAGR Value Of Around 5.2% By 2028

20-May-2022 | Facts and Factors

According to Facts and Factors, the global super absorbent polymer (SAP) market was valued at USD 9.51 billion in 2021 and is predicted to increase at a CAGR of 5.2% to USD 11.02 billion by 2028. The study examines the market in terms of revenue in each of the key regions, which are classified into countries.

A superabsorbent polymer (SAP) (also called slush powder) is a water-absorbing polymer that can absorb and retain unusually large amounts of liquid relative to its own mass. When mixed, water-absorbing polymers, known as hydrogels, absorb aqueous solutions by hydrogen bonding with water molecules. Because of their exceptional properties, super absorbent polymers (SAPs) have been used in a variety of applications. In agriculture, this substance in the soil absorbs water from rains or heavy irrigation and slowly releases it to the roots, resulting in a faster pace of growth. They can also be used to discharge pesticides and agrochemicals in a regulated manner. SAP can promote a variety of soil qualities, as well as boost nutrient retention and water-holding capacity in dry soil.

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Browse the full “Super Absorbent Polymer (SAP) Market By Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers, Others), By Application (Personal Hygiene, Agriculture, Medical, Industrial, Others), and By Region - Global Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast Report 2022 – 2028"  report at https://www.fnfresearch.com/super-absorbent-polymer-sap-market

The use of super absorbent polymers is expanding as the geriatric population grows and people become more aware of the benefits and convenience of adult incontinence products. With the prevalence of adult incontinence on the rise, governments around the world are focusing their efforts on developing incontinence solutions in collaboration with manufacturers and medical professionals. Superabsorbent technology is in high demand, particularly in the disposable hygiene business and agriculture, both of which are quickly extending their applications. To gain a stronger market position, leading corporations are focusing on growing their production capacity through mergers and alliances. Demand for even thinner absorbents for use in diapers and pads is also driving up investment in research and development. However, the market's expansion is likely to be hampered by high raw material costs and a scarcity of raw materials.

Segmental Overview

By Application, the global market is distinguished into Personal Hygiene, Agriculture, Medical, Industrial, and Others. During the forecast period, the medical category is expected to develop at the fastest rate by application. The rise in the healthcare sector of developing countries such as India, China, Australia, Brazil, and others is linked to this.

Sodium polyacrylate, polyacrylate/polyacrylamide copolymer, and others are the most common super absorbent polymers on the market. These polymers are employed in personal hygiene, medical, agricultural, and industrial applications. The market for highly absorbent polymers is dominated by sodium polyacrylate. The rising usage of sodium polyacrylate in personal hygiene applications, due to its high liquid absorption capacity, is driving the segment.

Regional Overview

The market for super absorbent polymers in APAC is the largest and fastest-growing in the world. The rising demand for super absorbent polymers in the region can be ascribed to a number of factors, including the region's vast population, rising middle-class affluence, and low labor and raw material costs. Furthermore, as the number of end-use industries in the area grows, so does the number of breakthroughs and discoveries in the field of super absorbent polymers, propelling the APAC super absorbent polymers market forward. Furthermore, rising per capita disposable income in developing nations encourages individuals to spend on their health and access better healthcare, which will raise the market value of superabsorbent polymers in the near future.

Report Scope

Report Attribute

Details

Market Size in 2021

USD 9.51 Billion

Projected Market Size in 2028

USD 11.02 Billion

CAGR Growth Rate

5.2% CAGR

Base Year

2021

Forecast Years

2022-2028

Key Market Players

Nippon Shokubai (Japan), BASF (Germany), Evonik (Germany), Sumitomo (Japan), LG Chem (South Korea), SDP Global (Japan), Formosa (Taiwan), Yixing Danson (China), Satellite Science & Technology Co. Ltd. (China), Kao Corporation (Japan), and Others

Key Segment

By Type, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Competitive Landscape

The report contains qualitative and quantitative research on the global Super Absorbent Polymer (SAP) Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

List of Key Players in the Global Super Absorbent Polymer (SAP) Market:

  • Nippon Shokubai (Japan)
  • BASF (Germany)
  • Evonik (Germany)
  • Sumitomo (Japan)
  • LG Chem (South Korea)
  • SDP Global (Japan)
  • Formosa (Taiwan)
  • Yixing Danson (China)
  • Satellite Science & Technology Co. Ltd. (China)
  • Kao Corporation (Japan)

The global super absorbent polymer (SAP) market is segmented as follows;

By Type

  • Sodium Polyacrylate
  • Polyacrylate/Polyacrylamide
  • Copolymers
  • Others

By Application

  • Personal Hygiene
  • Agriculture
  • Medical
  • Industrial
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Nordic Countries
      • Denmark
      • Sweden
      • Norway
    • Benelux Union
      • Belgium
      • The Netherlands
      • Luxembourg
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Southeast Asia
      • Indonesia
      • Thailand
      • Malaysia
      • Singapore
      • Rest of Southeast Asia
    • Rest of Asia Pacific
  • The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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