Global Super Absorbent Polymers Sap Market

Global Super Absorbent Polymers (SAP) Market, By Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide Copolymer, Others), By Application (Personal Hygiene, Agriculture, Medical, Industrial, Others), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: August 2021
  • Report ID: BWC2144
  • Available Format: PDF
  • Page: 190

Report Overview

Global superabsorbent polymers (SAP) market is expanding at a rapid rate, owing to the rising demand for diapers as a result of rising birth rates and a growing geriatric population. The increased awareness of menstrual hygiene and feminine hygiene product demand is also driving the market growth.

The global super absorbent polymers (SAP) market was worth USD 8.8 billion in 2020 and is further projected to reach USD 13.7 billion by the year 2027, growing at a CAGR of 6.5% in the forecast period. Due to increasing birth rates and geriatric populations, diaper sales are growing at a rapid pace, which is driving the demand for super absorbent polymers (SAP). Also contributing to the growth of the global super absorbent polymers (SAP) market is the rising awareness of menstrual hygiene and the increasing demand for sanitary hygiene products.

Super Absorbent Polymers (SAP) Market

Source: BlueWeave Consulting

Global Super Absorbent Polymers (SAP) Market- Overview

Super absorbent polymers (SAPs) are material that can absorb large amounts of liquid. They have the capacity to absorb aqueous liquids up to 300 times their weight. These polymers are able to absorb aqueous solutions through hydrogen bonding with water molecules. They are commonly made up of polymerization of acrylic acid blended with sodium hydroxide in the presence of an initiator. These materials are widely used in manufacturing personal disposable hygiene products such as baby diapers, adult diapers, and sanitary napkins.

Global Super Absorbent Polymers (SAP) Market Forecast and Trends

 

Growth Drivers

Rapid Increase in The Global Population

The global population is increasing at a very rapid rate. According to the United Nations,approximately 385,000 babies are born each day around the world, and this number is expected to remain stable in the next 50 years from 2020 to 2027. The high birth rate leads to very high demand for diapers and also directly impacts the demand for personal hygiene products. In addition, the low death rate has resulted in an increasing number of geriatrics, which in turn is fueling the demand for adult diapers.

Growing Demand for The Renewable Polymers

About 92% of disposable diapers are buried in landfills, making them the third most common consumer product to end up in landfills. In light of this, the demand for renewable materials is increasing, which could lead to an increase in demand for super absorbent polymers (SAPs). The super absorbent polymer in diapers is dehydrated through ozone oxidation and then recycled in pulp form. This process does not affect the water-absorbent qualities. This factor is expected to give a significant boost to the global super absorbent polymer (SAP) market in the coming years.

 

Restraints

Limited Growth Potential in Developed Countries

The growth potential of super absorbent polymers (SAP) is declining day by day in the developed countries. Countries like the US, the UK, Germany, and Canada have been witnessing low birth rates due to which the consumption of SAP is witnessing a negative growth rate. Another restraining factor for the growth of the global super absorbent polymers (SAP) market is the growing awareness toward eco-friendly menstrual hygiene products like menstrual cups made of silicon that have a lifespan of 5-10 years.

Impact of COVID-19 on Global Super Absorbent Polymers (SAP) Market

The COVID-19-induced pandemic has brought a setback to the global super absorbent polymers (SAP) market because of the lockdown. Various governments had to impose complete lockdowns in their countries to curb the spread of the virus. This resulted in a significant decline in production due to the shortage of raw materials as well as a sufficient labor force. Because of this, a huge demand and supply gap was created in the market due to which manufacturers had to bear huge losses.

Global Super Absorbent Polymers (SAP) Market - By Type

Based on types, the global super absorbent polymers (SAP) market is segmented into sodium polyacrylate, polyacrylate/polyacrylamide copolymer, and others. The sodium polyacrylate segment captures the largest market shares as this material is the purest recycled material and is highly efficient in absorbing water-based liquids. It stores the liquid in gel form. Therefore, this type of material is highly used in personal hygiene products. The polyacrylamide copolymer segment, on the other hand, is also growing at a high rate because of its use in water treatment and paper-making applications.

Global Super Absorbent Polymers (SAP) Market - By Application

Based on applications, the global super absorbent polymers (SAP) market is categorized into personal hygiene, agriculture, medical, industrial, and others. The personal hygiene segment accounts for the largest market share because of the high demand for baby diapers, adult diapers, and sanitary napkins around the world. The demand for baby diapers is highest and is projected to witness the highest CAGR during the forecast period, followed by sanitary napkins. The application of superabsorbent polymers is also gaining significant traction in the agriculture industry as it helps in reducing soil erosion as well as the cost of water and irrigation.

Global Super Absorbent Polymers (SAP) Market - Regional Insights

Geographically, the global super absorbent polymers (SAP) market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle-East & Africa. Among all the regions, North America holds the largest market share. However,North America is estimated to lose market dominance to the Asia-Pacific in the near future as developing countries like India and China are emerging as potential markets because of high population growth and the increasing birth rates. Europe also holds a substantial share in the market because of the increasing application of super absorbent polymers (SAP) in agriculture.

Regional Insights

Source: BlueWeave Consulting

Competitive Landscape

The leading market players in the global Super Absorbent Polymers (SAP) market are Wanhua Chemical Group Co. Ltd, BASF SE, Sumitomo Seika Chemicals Co. Ltd, Chase Corp, Songwon, ChemtexSpeciality Limited, Sanyo Chemical Industries Ltd, Evonik Industries AG, Nippon Shokubai Co. Ltd, Gel Frost Packs Kalyani Enterprises, LG Chem, Kao Corporation, Xitao Polymer Co. Ltd., Zhejiang Satellite Petrochemical Co., Ltd., SDP Global, Formosa Plastics Corp., Chinafloc, Yixing Danson Technology, M2 Polymer Technologies, and other prominent players.

To achieve a competitive advantage, industry players engage heavily in R&D operations to improve their goods and extend their offerings. Moreover, businesses are increasingly targeting emerging economies by improving distribution channels and setting up factories in such regions. Furthermore, the adoption of competitive strategies like mergers, partnerships, acquisitions, collaborations, etc., are also very prominent in this market.

Recent Developments

  • In July 2021, Danimer Scientific, a US-based biopolymer manufacturer, announced the acquisition of Novomer, Inc., a venture-funded chemistry technology development company, to produce resins at lower cost and offer a wide range of products to customers
  • In March 2021, BASF, a German chemical, and materials firm, announced the launch of a USD 29 million project to build a Superabsorbents Excellence Center which will be aimed towards supporting its hygiene business.

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product Service/Segmentation

By Type, By Application, By Region

Key Players

Wanhua Chemical Group Co. Ltd, BASF SE, Sumitomo Seika Chemicals Co. Ltd, Chase Corp, Songwon, ChemtexSpeciality Limited, Sanyo Chemical Industries Ltd, Evonik Industries AG, Nippon Shokubai Co. Ltd., Gel Frost Packs Kalyani Enterprises, LG Chem, Kao Corporation, Xitao Polymer Co. Ltd., Zhejiang Satellite Petrochemical Co., Ltd., SDP Global, Formosa Plastics Corp., Chinafloc, Yixing Danson Technology, M2 Polymer Technologies, and other prominent players.

 

By Type

  • Sodium Polyacrylate
  • Polyacrylate/Polyacrylamide Copolymer
  • Others

By Application

  • Personal Hygiene
  • Agriculture
  • Medical
  • Industrial
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East & Africa

 

FAQs:

1. What is the current size of the global Super Absorbent Polymers (SAP) market?

Answer: The global Super Absorbent Polymers (SAP) market reached USD 8.8 billion in 2020.

2. What are the major factors driving the growth of the global Super Absorbent Polymers (SAP) market?

Answer: The major factors driving the growth of the global Super Absorbent Polymers (SAP) market are therapid increase in the global population and growing demand for the renewable polymers.

3. Who are the key players in the global Super Absorbent Polymers (SAP) market?

Answer: The key players in the global Super Absorbent Polymers (SAP) market are: Wanhua Chemical Group Co. Ltd, BASF SE, Sumitomo Seika Chemicals Co. Ltd, Chase Corp, Songwon, ChemtexSpeciality Limited, Sanyo Chemical Industries Ltd, Evonik Industries AG, Nippon Shokubai Co. Ltd, Gel Frost Packs Kalyani Enterprises, LG Chem, Kao Corporation, Xitao Polymer Co. Ltd., Zhejiang Satellite Petrochemical Co., Ltd., SDP Global, Formosa Plastics Corp., Chinafloc, Yixing Danson Technology, M2 Polymer Technologies, and other prominent players.

4. Which application segment accounted for the largest share in the global Super Absorbent Polymers (SAP) market?

Answer: The personal hygiene segment accounted for the largest share in the global Super Absorbent Polymers (SAP) market.

5. Which region is at the highest growth rate in the global Super Absorbent Polymers (SAP) market?

Answer: North America has the largest share in the global Super Absorbent Polymers (SAP) market.