Super Absorbent Polymer Market Set to Surge: Forecasting Robust Growth Through 2027

As per the a new research published by Allied Market Research, Global Super Absorbent Polymer Market Size was valued at $7.6 billion in 2019, and is expected to garner $10.8 billion by 2027, registering at a CAGR of 6.4% from 2020 to 2027. Super Absorbent Polymer industry growth is driven by surge in popularity of diaper pants and rise in consumer awareness toward infant's hygiene. However, volatility in raw material prices hampers the market. On the contrary, developing economies and high birth rate countries are expected to create lucrative opportunities for the market players in the coming years.

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By production method, the solution polymerization segment is expected to register the highest CAGR of 7.1% through 2027, due to high efficiency and lower capital cost. In addition, solution polymerization production method uses its own energy to carry out the process, which reduces the capital expenditure. However, the gel polymerization segment held the largest share in 2019, contributing to more than four-fifths of the global super absorbent polymer market, as the method is widely used to manufacture super absorbent polymers with great absorbency under pressure.

By type, the synthetic segment dominated the market in 2019, accounting for nearly 90% of the global super absorbent polymer market, due to its high adoption because of its high absorbency potential under load. However, the natural segment is expected to manifest the highest CAGR of 7.1% during the forecast period, owing to its characteristics such as biocompatibility, non-toxic, and sustainability.

The super absorbent polymer market is segmented on the basis of type, application, production method, and region. By type, the market is divided into synthetic and natural. On the basis of application, it is divided into personal care, healthcare, agriculture & horticulture, and others. On the basis of production method, the market is studied across suspension polymerization, solution polymerization, and gel polymerization. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The super absorbent polymer market share is analyzed across all important regions and segments.

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By application, the healthcare segment is anticipated to grow at a fastest growth rate during the projection period. This is attributed to rise in the healthcare sector of developing countries such as India, China, Australia, Brazil, and Others.

By region, the global super absorbent polymer market across Asia-Pacific, followed by North America, held the largest share in 2019, accounting for around two-fifths of the market. The region is expected to register the highest CAGR of 6.9% during the forecast period, due to rising healthcare sector and growing population in the region. The report analyses the other regions such as North America, Europe, and LAMEA.

Major Market Players

BASF SE
Evonik Industries AG
Kao Corporation
LG Chem
Sanyo Chemical Industries, LTD
Sumitomo Seika Chemicals Co., LTD
Nippon Shokubai Co., Ltd.
Xitao Polymer Co., Ltd
Yixing Danson Technology
Zhejiang Satellite Petrochemical Co., Ltd

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Key Benefits For Stakeholders: -

The super absorbent polymer market is studied from 2019 to 2027
The report provides an in-depth analysis of the market along with the current and future super absorbent polymer market trends
This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period
Porter's five forces analysis helps analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building
A comprehensive analysis of the factors that drive and restrain the market growth is provided
The qualitative data in this report aims on market dynamics, market trends, and developments
The super absorbent polymer market size is provided in terms of volume and revenue

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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