Super Absorbent Polymers (SAP) Market worth $13.1 billion by 2026 | Key players Nippon Shokubai, BASF, EvonikIndustry, Sumitomo, LG Chem

According to recent market research "Super Absorbent Polymers (SAP) Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers), Application (Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, Oil & Gas), Region - Global Forecast to 2026", size is projected to grow from USD 9.8 billion in 2021 to USD 13.1 billion by 2026, at a CAGR of 5.9% between 2021 and 2026. Super absorbent polymer is a special class of polymer which possess hydrophilic networks that can hold or absorb huge volumes of aqueous solution or water. Earlier superabsorbent was made from chemically modified starch along with cellulose and other polymers like polyvinyl alcohol (PVA) and polyethylene oxide (PEO), all of them are hydrophilic in nature and possess high affinity for liquid. Super absorbent polymer have unique cross-linked structure due to which they become water swell able but not water soluble. They find wide application scope in numerous end use industries such as food packaging, personal care, agriculture, building & construction, and others.

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Sodium polyacrylate is projected to be the largest type segment in super absorbent polymers market. It is often called the "super slurper" and is widely preferred for its ability to absorb as much as 400–800 times water than its mass. It is also the most commonly used type in personal hygiene products such as baby diapers, adult continence products, sanitary napkins, and agricultural applications.

The demand for SAP in the agriculture applications is increasing due to its water retention property coupled with water scarcity globally. The Ministry of Agriculture of China has overseen significant public investment in water, land, and technology to boost the agricultural sector. In 2011, China invested approximately USD 630 billion for water conservation during the period 2012-2020, which have enhance the usage of superabsorbent polymers in the country.

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The global super absorbent polymers market size is projected to reach USD 13.1 billion by 2026 at a CAGR of 5.9% from 2021. The growing population, increasing demand for fluffless personal hygiene products, focus on effective irrigation management, and adoption of eco-friendly products act as drivers for the growth of the SAP market.

The increase in demand for super absorbent polymers and the growing industrial development in the emerging economies, such as APAC and Europe, are driving the market. The key players in the super absorbent polymers market includes Nippon Shokubai (Japan), BASF (Germany), Evonikindustries (Germany), Sumitomo (Japan), LG Chem (South Korea), SDP Global (Japan), Formosa (Taiwan), Yixing Danson (China), Satellite Science & Technology Co., Ltd. (China), and Kao Corporation (Japan). These market leaders have adopted various organic as well as inorganic growth strategies between January 2015 and April 2021 to strengthen their position in the super absorbent polymers market. The strategy of investment & expansions was among the major growth strategies adopted by the leading market players to enhance their regional presence and meet the growing demand for super absorbent polymers in emerging economies.

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Nippon Shokubai (Japan) is one of the leading manufacturers and distributors of super absorbent polymers. The company adopted new product development, acquisitions, and investments & expansions as its key business strategies. For instance, in November 2020, Nippon Shokubai, LiveDo Corporation (Japan), and Total Care System (Japan) jointly developed various technologies to promote systems that recycle disposable diapers, the use of which continues to increase. These three companies have recently developed new recycling technologies for super absorbent polymers in used diapers. The technology can be applied to a wide variety of super absorbent polymers distributed worldwide. This has enhanced it Nippon Shokubai’s position in the SAP market.

BASF SE (Germany) is one of the largest chemical producers globally. The company is among the key players in the super absorbent polymers market. The company adopted the investments & expansions as its key strategy to strengthen its competitiveness in the global super absorbent polymers market. For instance, in March 2021, BASF invested USD 30.1 million in new excellence center for its hygiene business. With this investments BASF will increase innovation capabilities for its super absorbent polymer business by building a state-of-the-art Super absorbents Excellence Center at its Verbund site in Antwerp, Belgium.

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