Stratview Research, a global market research firm announces the release of the report titled – Super Absorbent Polymers (SAP) Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.

Stratview Research has segmented the market by Product Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, and Copolymers), by Application Type (Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, and Oil & Gas), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

According to this report, the super absorbent polymers (SAP) market was estimated at USD 10.38 billion in 2022 and is likely to grow at a CAGR of 5.82% during 2023-2028 to reach USD 14.61 billion in 2028.

What are super absorbent polymers?

Super absorbent polymers (SAPs) are a type of polymer material that has the ability to absorb and retain large amounts of liquid relative to their own weight. It is a cross-linked polymer, that contains sodium atoms.

These polymers are widely used in a variety of applications including personal hygiene products, agriculture, medical applications, construction materials, and more. SAPs, after reaching their capacity of absorption, swell and become a gel-like substance that can hold liquid without leaking or losing shape.

COVID-19 IMPACT

The super absorbent polymers (SAP) market was negatively impacted by the pandemic in the year 2020 owing to the lockdowns and decline in manufacturing efficiency due to labor shortage. However, there was an increased demand for medical and hygienic products like wipes and diapers which are made using Super Absorbent Polymers. These products experienced an increase in demand during the Covid period.

Key Players

  • Nippon Shokubai
  • BASF SA
  • Evonik Industries
  • Sumitomo Corporation
  • LG Chem Ltd.
  • SDP Global Co., Ltd.
  • Formosa Plastics
  • Yixing Danson
  • Satellite Science & Technology Co., Ltd.
  • Kao Corporation.

Market Dynamics

The super absorbent polymers (SAP) market is driven by several factors including–

  • Rising awareness of personal hygiene and eco-friendly products– The rise in demand for disposable diapers, feminine hygiene products, adult incontinence products, etc. is one of the major factors behind the growth of the SAPs market. For instance, BASF SE– a leading chemical company has increased the application of super-absorbents like Hysorb and SAVIVA in incontinence products and baby diapers.
  • Growing need for advanced agricultural products– SAPs in agriculture are used to improve water retention in soil, unforeseen drought conditions, salination, overuse of synthetic fertilizers, improve crop yield, etc.
  • Food packaging– The use of SAPs in food products packaging is rapidly growing, since these materials can absorb and retain excess moisture, improving the shelf life of the products.

Why Stratview Research?

Reports published by Stratview Research helps the users in several ways. The user can –

  • Gain a deeper understanding of the market and the impact of Covid-19 on the market.
  • Get rigorous analysis and progressive insights into the market across the globe.
  • Assess current and future market trends, and challenges of the market.
  • Gain a comprehensive view on the growth strategies of the key players.
  • Get updates related to recent changes, M&As, new product launches and many such news related to the market, and even more.

Along with these detailed information, Stratview Research also provides customized reports.

Segment Analysis

Based on the product type, the market is segmented as sodium polyacrylate, polyacrylate/polyacrylamide, and copolymers. The sodium polyacrylate segment held the largest share of the market in 2022 and is expected to remain dominant during the forecast period. Sodium polyacrylate is widely preferred for personal hygiene products and water absorbent applications as it is a super absorber of water.

Based on the application type, the market is segmented as personal hygiene, agriculture, medical, industrial, packaging, construction, and oil & gas. The personal hygiene segment is the largest segment, as it is widely used in sanitary napkins, baby diapers, and protective underwear.

In terms of regions, Asia-Pacific is estimated to be the largest and fastest-growing market during the forecast period. India and China are the major countries with lucrative growth opportunities, owing to the growing population and awareness of personal hygiene in the region.

Customize this report –

  • Which are the factors impacting the Super Absorbent Polymers (SAP) Market?
  • How can any business develop revenue streams?
  • What should be the growth strategy and strategy to make top customers shift towards your brand?
  • Which noteworthy steps can one take to stay ahead of competitors?

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