Super Absorbent Polymer (SAP)
Global super absorbent polymer (SAP) are forecast to 5.91% over the next five years. According to the WK-chem Research, “Global Super Absorbent Polymer (SAP) Professional Survey Report 2024, Forecast to 2029”, major factors driving the market studied are rising hygiene awareness and increasing demand for baby diapers and adult diapers in emerging economies.. The compound annual growth rate (CAGR) for the 2024-2029 period is projected to be 5.91% base on WK-chem Research regression analysis model.
Analysts’ Viewpoint:
“Investments for the development of super absorbent polymers based on renewable materials are expected to create new avenues for the global market. Super absorbent polymers based on renewable materials are also a suitable alternative to the petrochemical-based polymers, such as sodium polyacrylate and potassium polyacrylate, which are currently used in the absorbent core of disposable diapers, among other personal hygiene products”, said Nancy Allen, Senior analyst, in WK-chem Research.
Market insight:
In the super absorbent polymers market, the personal hygiene application segment accounts for the dominant share. In the personal hygiene application, super absorbent polymers are used in baby diapers, adult incontinence products, and sanitary napkins. Among these, the use of super absorbent polymers is the highest in the baby diapers segment. Moreover, the rising geriatric population and increasing awareness about advantages and convenience of adult incontinence products are increasing the usage of super absorbent polymers.
The market for diapers is matured in developed economies due to the high levels of product penetration. The demand growth of diapers in countries such as the US and Japan is projected to be relatively slow, owing to the decline in birth rates and low fertility rates. This has led to a decline in the sales of diapers in these countries. The decline in sales of diapers is hampering the growth of the super absorbent polymers market.
Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading super absorbent polymer (SAP) companies that include: Nippon Shokubai (Japan), BASF (Germany), Evonik (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).
Segmentation of Super Absorbent Polymer (SAP) Market:
According to the type, the market for super absorbent polymer (SAP) is divided into: Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers. The Sodium Polyacrylate has the largest market share. Sodium polyacrylate is the largest type of super absorbent polymers market, in terms of volume. The segment is mainly driven by the increased use of sodium polyacrylate in personal hygiene applications, owing to its high liquid absorbtion capacity.
According to the application, the market for super absorbent polymer (SAP) is divided into: Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, Oil & Gas. The Personal Hygiene has the largest market share. The personal hygiene segment is projected to be the largest end-use industry segment of the super absorbent polymers market during the forecast period. Super absorbent polymers are primarily used as absorbents for diapers, adult incontinence products, feminine hygiene products, and similar applications such as personal disposable hygiene products. The most important property of these products is their capacity to absorb liquid, urine, or blood. The absorption capacity depends on the absorbent pad that is consist of polymer and fibrous material. Polymer used in the absorbent pad is made from fine particles of various acrylic acid derivatives. These particles act as tiny sponges and can retain a large quantity of water. Diapers is the largest end-use application of super absorbent polymers worldwide due to the growing global population of age group 0 to 14. Growing female population and increased awareness of personal hygiene are resulting in the high demand for sanitary napkins. Besides baby diapers and sanitary napkins, demand for adult diapers is also increasing because of the growing geriatric population.
Super Absorbent Polymer (SAP) Market: Regional Analysis
In terms of geography, the global super absorbent polymer (SAP) market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. APAC is the largest and fastest-growing region for super absorbent polymers market. The growth in demand for super absorbent polymers in the region can be largely attributed to factors such as high population, increasing middle-class income, and cheap labour and raw materials cost. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of super absorbent polymers, thereby fueling the growth of the APAC super absorbent polymers market.
Analysts’ Viewpoint:
“Investments for the development of super absorbent polymers based on renewable materials are expected to create new avenues for the global market. Super absorbent polymers based on renewable materials are also a suitable alternative to the petrochemical-based polymers, such as sodium polyacrylate and potassium polyacrylate, which are currently used in the absorbent core of disposable diapers, among other personal hygiene products”, said Nancy Allen, Senior analyst, in WK-chem Research.
Market insight:
In the super absorbent polymers market, the personal hygiene application segment accounts for the dominant share. In the personal hygiene application, super absorbent polymers are used in baby diapers, adult incontinence products, and sanitary napkins. Among these, the use of super absorbent polymers is the highest in the baby diapers segment. Moreover, the rising geriatric population and increasing awareness about advantages and convenience of adult incontinence products are increasing the usage of super absorbent polymers.
The market for diapers is matured in developed economies due to the high levels of product penetration. The demand growth of diapers in countries such as the US and Japan is projected to be relatively slow, owing to the decline in birth rates and low fertility rates. This has led to a decline in the sales of diapers in these countries. The decline in sales of diapers is hampering the growth of the super absorbent polymers market.
Competition Landscape:
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading super absorbent polymer (SAP) companies that include: Nippon Shokubai (Japan), BASF (Germany), Evonik (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).
Segmentation of Super Absorbent Polymer (SAP) Market:
According to the type, the market for super absorbent polymer (SAP) is divided into: Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers. The Sodium Polyacrylate has the largest market share. Sodium polyacrylate is the largest type of super absorbent polymers market, in terms of volume. The segment is mainly driven by the increased use of sodium polyacrylate in personal hygiene applications, owing to its high liquid absorbtion capacity.
According to the application, the market for super absorbent polymer (SAP) is divided into: Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, Oil & Gas. The Personal Hygiene has the largest market share. The personal hygiene segment is projected to be the largest end-use industry segment of the super absorbent polymers market during the forecast period. Super absorbent polymers are primarily used as absorbents for diapers, adult incontinence products, feminine hygiene products, and similar applications such as personal disposable hygiene products. The most important property of these products is their capacity to absorb liquid, urine, or blood. The absorption capacity depends on the absorbent pad that is consist of polymer and fibrous material. Polymer used in the absorbent pad is made from fine particles of various acrylic acid derivatives. These particles act as tiny sponges and can retain a large quantity of water. Diapers is the largest end-use application of super absorbent polymers worldwide due to the growing global population of age group 0 to 14. Growing female population and increased awareness of personal hygiene are resulting in the high demand for sanitary napkins. Besides baby diapers and sanitary napkins, demand for adult diapers is also increasing because of the growing geriatric population.
Super Absorbent Polymer (SAP) Market: Regional Analysis
In terms of geography, the global super absorbent polymer (SAP) market has been segmented into: North America, Asia Pacific, Europe, South America, and the Middle East and Africa. APAC is the largest and fastest-growing region for super absorbent polymers market. The growth in demand for super absorbent polymers in the region can be largely attributed to factors such as high population, increasing middle-class income, and cheap labour and raw materials cost. Moreover, the rising number of end-use industries in the region is also leading to innovations and developments in the field of super absorbent polymers, thereby fueling the growth of the APAC super absorbent polymers market.
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DA-27748719
27-Jun-2024
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27-Jun-2024
133
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