Global Superabsorbent Polymer Market Expand at a CAGR of 4.6%, by the End of 2025

A new report added to the repository of Market Research Reports Search Engine “Global Market Study on Superabsorbent Polymers: Sodium Polyacrylate Product Type Estimated to Hold About 2/3rd of the Global Market Share During 2017 – 2025” is a comprehensive repository of information, providing market share, size, and forecast.

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With widespread acceptance in personal care and hygiene sectors, super absorbent polymer (SAP) is being largely used in many other industries, including medical, healthcare, agriculture, and so on. First introduced in the 1970s, SAP rapidly gained popularity and has been capturing a rapidly expanding market on a global level. However, the global super absorbent polymer market is slated to witness moderate growth over the next few years.

During forecast period of 2017-2025, the global market for super absorbent polymer will expand at a CAGR of 4.6%, reaching a value of over US$ 8.1 Bn by the end of 2025. The global consumption of SAP is estimated to reach 3.4 MT at the end of 2025.

Global Super Absorbent Polymers Market: Dynamics

Predominantly used in the manufacturing of disposable diapers for babies, super absorbent polymer is widely used in feminine hygiene products and adult incontinence products. Rise in birth rate, predominantly in APAC & MEA and growing geriatric population will remain the key factors generating the major demand for super absorbent polymer over the next few years. SAP finds major applications in solidification of medical waste, which is anticipated to push the consumption even further. Super absorbent polymer is an important component of sand bags that are used in controlling flood situations. Sales of sand bags can spur the demand for super absorbent polymer on a large scale.

Growing applications of SAP as a water conservation tool in large scale farming and agriculture are expected to propel the demand within the next few years. In addition, rising popularity in landscaping of garden grass and golf courses is also expected to fuel the demand for super absorbent polymers. Emerging arboriculture is also considered to be a promising trend that supports market growth. Biodegradable SAP is predicted to present the biggest growth opportunities over the forecast period.

In developed regions, highly saturated personal care market can impede the demand for SAP. Moreover, uncertain availability and volatile prices of raw materials will also hold a negative impact on the overall market growth. Ever-evolving healthcare regulations are one of the most restraining factors associated with the global super absorbent polymer market.

Leading personal care product providers are planning expansion in developing regions of Asia Pacific. This is identified to be a promising factor boosting the market in Asian countries.

Global Super Absorbent Polymers: Segment Analysis

The global super absorbent polymer market is segmented by product type and application. On the basis of product type, the market is classified as Sodium Polyacrylate, Poly Acrylamide Co-polymer, and others, including Ethylene-maleic Anhydride Co-polymer and Polyvinyl Alcohol Co-polymer. Among these, Sodium Polyacrylate and Poly Acrylamide Co-polymer will continue to account for major revenue shares during the forecast period.

Based on application, the market is fragmented into four key segments viz. disposable diapers, adult incontinence products, feminine hygiene, Agriculture products and others. Disposable diapers segment is projected to dominate the market in terms of application, followed by adult incontinence products segment. Over 2017-2025, disposable diapers segment is expected to dominate the SAP market with nearly 75% share of the market revenues, reaching a value worth US$ 6.1 Bn by 2025 end. Adult incontinence products segment is anticipated to witness steady growth at a global level and a robust expansion in matured economies. Feminine hygiene products segment is anticipated to witness stable growth, whereas the ‘others’ segment is likely to expand at a relatively higher CAGR.

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Research Methodology

To deduce market size, the report considers the average selling price of various types of super absorbent polymers across geographies. Furthermore, data points such as regional split and market split by product type and by application, and qualitative inputs from primary respondents have been incorporated to arrive at suitable market estimates. The forecast presented in the report represents the total revenue that is expected to be generated across the super absorbent polymers market over a forecast period of 2017–2025. When developing the market forecast, the starting point involved is sizing up the current market, which forms the basis for market forecasting. Given the characteristics of the market, Persistence Market Research triangulated the data on the basis of various analysis based on both supply side and demand side.

It is imperative to note that in an ever-fluctuating global economy, not only the forecasts in terms of CAGR, but also analysis of the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the market and identify the right opportunities in the SAP market are also covered. As previously highlighted, the market for super absorbent polymers is split into various sub-segments or categories, on the basis of region, product type, and application. All these sub-segments or categories have been analyzed in terms of Basis Points (BPS) to understand the individual segment’s relative contribution to the market growth. This detailed level of information is important for identification of many key trends in the super absorbent polymer market.

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