Baby Diapers is fastest growing segment fueling the growth of Super Absorbent Polymers Market
![]() |
Super Absorbent Polymers Market |
The Global
Super Absorbent Polymers Market is estimated to be valued at US$ 10459.56 Mn in 2023 and is
expected to exhibit a CAGR of 5.8%
over the forecast period 2023 to 2030, as highlighted in a new report published
by Coherent Market Insights.
Market Overview:
Super Absorbent Polymers are hydrogels that can absorb hundreds of times
their own weight in aqueous liquid. They are primarily used in baby diapers and
adult incontinence products to absorb large volumes of fluid and retain it
within the product structure.
Market key trends:
One of the key trends in the super absorbent polymers market is the
development of eco-friendly super absorbent polymers. Conventional
superabsorbent polymers are synthesized from non-renewable petroleum resources
and involve the use of hazardous chemicals during the manufacturing process.
However, with growing awareness about sustainability, manufacturers are
focusing on developing super absorbent polymers from renewable starch and
cellulose obtained from agricultural waste. These bio-based superabsorbent
polymers have similar absorption properties as conventional polymers but are
environment-friendly.
Segment Analysis
The global super absorbent polymers market is segmented on the basis of product
type and application. Based on product type, the market is divided into sodium
polyacrylate, polyacrylamide copolymer, and others. Among these, the sodium
polyacrylate segment dominates the market and accounts for over 50% share.
Sodium polyacrylate possesses high absorptive capacity and retains its
absorbing behavior even under pressure, which has resulted in its wide adoption
over other product types.
Key Takeaways
The Global
Super Absorbent Polymers Market is expected to witness high growth,
exhibiting CAGR of 5.8% over the forecast period, due to increasing demand from
hygiene products industry.
Regional analysis
Regionally, Asia Pacific dominates the global market and is expected to grow at
the fastest rate during the forecast period. China, India, and Japan account
for a major share in the region owing to high population, increasing disposable
income, and expanding hygiene product industries in these countries.
Key players
Key players operating in the super absorbent polymers market are Nippon
Shokubai Co. Ltd., Evonik Industries AG, BASF SE, Yixing Danson Technology, Kao
Corporation, Sumitomo Seika Chemicals Co. Ltd., San-Dia Polymers Global Co.
Ltd., Sanyo Chemicals Industries, Formosa Plastics Corporation, and LG
Chemicals Ltd. Nippon Shokubai Co. Ltd. is the global leader with around 30%
market share.
Comments
Post a Comment