Global Superabsorbent Polymer Market to Reach US$ 15,467.33 Million by 2026 | TMR

Superabsorbent Polymer Market - Snapshot

Superabsorbent polymer is a water absorbent polymer that absorbs up to several hundred times its own weight of aqueous solution and retains substantial volume of water and aqueous solutions. It is available either in granule or fiber form. Superabsorbent polymer is manufactured through the polymerization of acrylic acid blended with caustic soda (sodium hydroxide). This process is carried out in the presence of a cross-linker to form sodium salt of polyacrylic acid (sodium polyacrylate). Sodium polyacrylate is a common type of superabsorbent polymer. Potassium polyacrylate is another type of superabsorbent polymer commonly available in the market. It is manufactured using potassium hydroxide. Other materials used to produce superabsorbent polymer include ethylene maleic anhydride copolymer, polyacrylamide copolymer, polyvinyl alcohol copolymers, cross-linked carboxymethylcellulose, cross-linked polyethylene oxide, and starch grafted copolymer of polyacrylonitrile (PAN).

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The global superabsorbent polymer market has been segmented based on resin and application. In terms of resin, sodium polyacrylate is the leading segment of the superabsorbent polymer market. Key factors boosting the demand for sodium polyacrylate based superabsorbent polymer include rise in need of reliable and high-performance products; increase in number of surgeries; growth in awareness about health among people; and surge in demand for female hygiene products, adult incontinence pads, and baby diapers. Potassium acrylate is also expected to be one of the key segments of the superabsorbent polymer market due to its excellent water absorbing and retaining capacity. It provides improved environment for seeds to grow. Potassium polyacrylate is used as soil water retaining agent in agriculture, forestry, and gardening applications. It improves seed germination and increases yield. In terms of application, hygiene is a dominant segment of the market. Various awareness programs regarding hygiene products are organized by non-profit organizations in rural areas in developing countries. This is driving the demand for superabsorbent polymers in hygienic applications. Additionally, increase in demand for quality hygienic products such as sanitary napkins and disposable diapers, which provide protection against skin rashes, is augmenting the demand for superabsorbent polymers. Under the non-hygienic segment, agriculture is anticipated to be one of the major segments of the market in the near future. The year-on-year decrease in arable land per capita coupled with increasing population is expected to positively impact the demand for superabsorbent polymer in the next few years. The water retention property of superabsorbent polymer aids in good farming practices even in adverse conditions. In recent years, environmental change and global warming have resulted in irregular monsoons. This, in turn, has adversely affected the harvest. Superabsorbent polymers assist plant growth during drought and enable plants to survive through reduction of water requirement (up to 50%) in mountainous lands, dry lands, and desert areas.

Besides construction and agriculture, superabsorbent polymer is largely used in solidification of medical waste. This is anticipated to increase the consumption of superabsorbent polymer in the near future. Demand for superabsorbent polymer in medical applications is estimated to increase significantly, due to the rise in demand for non-woven and woven fabrics such as surgical tapes, wound dressings, and bandages. Superabsorbent polymers prevent infections and help in the healing of injuries. They can be used in several medical applications such as drug delivery systems (DDSs), surgical implant devices, and removal of body water during surgeries (treatment of edema). Superabsorbent polymers are also employed in the health care field to manufacture efficient heating pads to help patients with rheumatism. These factors are projected to propel the demand for superabsorbent polymers during the forecast period.

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Nippon Shokubai Co., Ltd, BASF SE, Evonik Industries, Songwon Industrial Co., Ltd, and KAO Corporation are some of the key players operating in the global superabsorbent polymer market. These companies are focusing on capacity expansion and mergers. This is estimated to propel the market during the forecast period. For instance, in 2018, Sumitomo Seika Chemicals Co. Ltd. decided to expand its superabsorbent polymer production facilities in South Korea. The company invested around US$ 728.5 Mn to increase its production capacity from 59,000 tons per annum to 118,000 tons per annum.

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