A recent study by Triton Market Research titled ‘Global Super Absorbent Polymer (SAP) Market’ entails the Global Analysis and Forecasts by Application (Agriculture & Horticulture [Seed Coating, Root Dipping, Soil Broadcasting, Flower Beds, Ornamental Gardens], Personal Care [Urinary Bags, Nappy Pads, Adult Incontinence, Baby Diapers, Sanitary Napkins], Healthcare [Super Absorbent Mat, Medical Waste Solidification, Wound Dressing], Others), Production Method (Gel Polymerization, Suspension Polymerization, Solution Polymerization), Type (Synthetic [Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, Ethylene Maleic Anhydride Copolymer, Others], Natural [Polysaccharides, Polyvinyl Alcohol, Polyitaconic Acid, Polypeptide, Other]), and by Geography (North America, Asia-Pacific, Europe, Latin America, Middle East and Africa).
A super absorbent polymer refers to a cross-linked polymer, which is insoluble in water. It holds the capacity to absorb liquids and store them, even under immense pressure conditions. SAP is adopted in various applications, including in agriculture and wound dressing.
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Triton’s research report suggests the global super absorbent polymer (SAP) market is expected to develop at a CAGR of 7.09% in revenue, and 6.95% in volume, during the evaluated years 2019-2028. It is further likely to gather revenue worth $14619.78 million by 2028.
The rising demand for hygiene awareness and a surge in the aging population in developing countries, are factors motivating the super absorbent polymer (SAP) market’s progress globally. The aging population is expected to enhance the demand for healthcare services and hygiene products. This will further increase the demand for adult incontinence products, thereby fueling the need for super absorbent polymers. However, the rise in raw material costs and accessibility of raw material is majorly restricting the development of the super absorbent polymer (SAP) market.
The market for the super absorbent polymer is broadly segmented into application, production method, and type. Based on the application, the market is divided into agriculture & horticulture, personal care, healthcare, and others. Further, agriculture & horticulture are sub-sectioned into seed coating, root dipping, soil broadcasting, flower beds, and ornamental gardens. The personal care section is branched into urinary bags, nappy pads, adult incontinence, baby diapers, and sanitary napkins. As per healthcare, the market is categorized into super absorbent mat, medical waste solidification, and wound dressing.
Furthermore, the production method is trifurcated into gel polymerization, suspension polymerization, and solution polymerization. The type segment is divided into synthetic and natural. In terms of synthetic, the market is distributed into sodium polyacrylate, polyacrylate/polyacrylamide copolymer, ethylene maleic anhydride copolymer, and others. Lastly, as per natural, the division is as per polysaccharides, polyvinyl alcohol, polyitaconic acid, polypeptide, and others.
Geographically, Asia-Pacific is expected to become the fastest-evolving market for super absorbent polymer during the forecast period. The region’s growth is owing to the increase in the healthcare sector, along with the high demand for diapers by the rising population. The strong demand for SAP in the region is encouraging several companies to enter the market, mainly in developing countries like India and China. In India, the rising consumerism is fueling the demand for personal hygiene products, such as sanitary napkins and diapers, which is augmenting the demand for super absorbent polymers. This further is advancing the super absorbent polymer (SAP) market across the APAC region.
Evonik Industries AG, Sanyo Chemical Industries Ltd, BASF SE, Yixin Danson Technology, Zhejiang Satellite Petrochemical Co Ltd, Chemtex Speciality Ltd, Chase Corp, Nippon Shokubai Co Ltd, Sumimoto Seika Chemicals Co Ltd, Xitao Polymer Co Ltd, Kao Corporation, Songwon, and LG Chem Ltd are companies that are thriving in this market.
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Question & Answer: Super Absorbent Polymer (SAP) Market
Question 1: What major factors are motivating the progress of the super absorbent polymer (SAP) market?
Answer: The rising demand for hygiene awareness and a surge in the aging population in developing countries, are factors motivating the super absorbent polymer (SAP) market’s progress globally. The aging population is expected to enhance the demand for healthcare services and hygiene products. This will further increase the demand for adult incontinence products, thereby fueling the need for super absorbent polymers.
Question 2: What factor is restricting the super absorbent polymer (SAP) market development?
Answer: The rise in raw material costs and accessibility of raw material is majorly restricting the development of the super absorbent polymer (SAP) market.
Question 3: Which region is the fastest-evolving in the super absorbent polymer (SAP) market?
Answer: Geographically, Asia-Pacific is expected to become the fastest-evolving market for super absorbent polymer during the forecast period. The region’s growth is owing to the increase in the healthcare sector, along with the high demand for diapers by the rising population. The strong demand for SAP in the region is encouraging several companies to enter the market, mainly in developing countries like India and China. In India, the rising consumerism is fueling the demand for personal hygiene products, such as sanitary napkins and diapers, which is augmenting the demand for super absorbent polymers. This further is advancing the super absorbent polymer (SAP) market across the APAC region.
Question 4: Which companies are thriving in the super absorbent polymer (SAP) market?
Answer: Evonik Industries AG, Sanyo Chemical Industries Ltd, BASF SE, Yixin Danson Technology, Zhejiang Satellite Petrochemical Co Ltd, Chemtex Speciality Ltd, Chase Corp, Nippon Shokubai Co Ltd, Sumimoto Seika Chemicals Co Ltd, Xitao Polymer Co Ltd, Kao Corporation, Songwon, and LG Chem Ltd are companies that are thriving in this market.
Related Report:
Global PP Nonwoven Market
The global PP nonwoven market is anticipated to progress at a CAGR of 7.05% during the evaluated period of 2020-2028, while attaining $32.36 million by 2028.
Non-woven fabric is a material formed from the combination of short and long fibers, which are merged together by solvent treatment. These fabrics are mainly utilized in textile manufacturing, popularly known as felt. They are neither laced nor knitted.
The high demand for baby diapers and the surge in the aging population, are some of the factors that are driving the growth of the PP nonwoven market’s progress. Additionally, the availability of low-cost labor in developing countries is another factor that is opening multiple avenues for the studied market’s growth worldwide.
However, uncertainty relating to raw material prices, along with stringent environmental regulations, are negatively impacting the expansion of the PP nonwoven market during the forecast period.
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