Super Absorbent Polymer Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2019 - 2024

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Overview

Super Absorbent Polymer (SAP) Market is valued at $8.4 billion in 2019 and is expected to reach $11.8 billion by 2024, after growing at a CAGR of 5.9% during the forecast period from 2019-2024. Growing population along rising disposable income, increasing demand for fluff-less personal hygiene products, focus on effective irrigation management, and adoption of eco-friendly products; are the major driving factors boosting the demand of super absorbent polymers. Furthermore, rising innovations in medical, pharmaceutical, agriculture, and horticulture industry to manage the availability of water is boosting the growth of the SAP market.

Key Takeaways
  • Asia-Pacific dominates the super absorbent polymer market owing to increasing demand from applications such as personal hygiene due to growing population and increasing awareness in the region. 
  • Rising health awareness in regards to usage of sanitary pads and baby diapers have a major influence on the global SAP market. Moreover, SAPs are used in the agriculture sector as soil conditioners due to its water absorption capacity of upto 1,000 times more than its size.
  • SAP supports the root growth of plants, seed germination, and aids plants to bear prolonged moisture stress, reduce the labor cost as it holds water around 500% more than its weight and also increases the age of plants.
  • Increasing adoption of sustainable and environment friendly products, will increase the market demand for super absorbent polymer in the near future.
  • Additionally, growing trend of responsiveness towards rising environmental degradation and pollution has induced the consumers and industries for eco-friendly bio-products consumption creating a huge opportunity for the global SAP market to grow steadily.
Type - Segment Analysis

Sodium polyacrylate segment held the largest share in the super absorbent polymer market in 2018 due to its properties such as absorption rate of 400-800 times water than its mass and non-toxicity.  Further, high adoption rate of sodium polyacrylate in applications such as baby diapers, adult diapers, sanitary pads, and agricultural applications is creating the good growth potential for this segment. Sodium polyacrylate SAP act as an effective agent in increasing the biomass productivity in grasslands, and also in enhancing the organic matter content and soil fertility in forestry.
Sodium polyacrylate SAP is mostly preferred due to its high absorption control and accessibility in manufacturing hygiene products such as disposable diapers to reduce infection and unpleasant smell of chemicals.

End User Industry - Segment Analysis

Personal Care & Hygiene segment has been the primary market for super absorbent polymer for many years. Super absorbent polymers have wide applications in personal hygiene product including baby diapers, adult diapers, and sanitary pads. Growing population and increased awareness of personal hygiene lead to increased demand for sanitary pads. Also, rise in birth rate is fueling the demand of baby diapers. In addition to baby diapers and sanitary pads, the demand for adult diapers is also rising at a higher rate due to the growing aging population and the increasing number of adult incontinence cases. 
SAP is establishing stronger footprints in the agriculture industry, as it absorbs the excess amount of water in the soil and protects crops during the rainy season. In addition to this, it improves the physical properties of soil associated with each crop variety.

Geography - Segment Analysis

APAC dominated the super absorbent polymer market with a share of more than 35%, followed by Europe and North America. The rising population coupled with rising disposable income of middle class in this region is increasing the consumption of personal hygiene care products. Additionally, growing awareness about hygiene products is escalating the demand for feminine hygiene products. These factors are influencing the growth of super absorbent polymers market in this region. There is relatively low penetration in this region of personal hygiene products such as baby diapers, adult diapers, and sanitary pads. Therefore, there is enormous potential for this market to grow in APAC.

Drivers – Super Absorbent Polymer Market
  • Growing world population along disposable income of middle class 
Population and disposable income of middle class are the major factors contributing in the adoption of personal hygiene products. Increasing birth rate across the globe is expected to fuel the demand of baby diapers. Also, rising aging population is driving the demand of adult diapers. All these factors are expected to enhance the overall demand of super absorbent polymer.
  • Increasing awareness regarding personal hygiene products in developing nations
Rising health awareness in regards to usage of sanitary pads and baby diapers have a major influence on the global SAP market. Additionally, growing trend of responsiveness towards rising environmental degradation and pollution has induced the consumers and industries for eco-friendly bio-products consumption creating a huge opportunity for the global SAP market to grow steadily. Many governments and personal hygiene products manufacturers are taking initiatives not only to raise awareness of personal hygiene products, but also to make them accessible to everyone.

Challenges – Super Absorbent Polymer Market
  • Stagnant growth of personal hygiene products in developed economies
A slow growth of personal hygiene products such as baby diapers, adult diapers, and sanitary pads in developed economies is creating a hurdle for the overall growth of super absorbent polymer market. US baby diapers market is growing with around 1% of CAGR which far less than the global average. Personal hygiene products are the major application of SAP and below average growth of these products in developed economies can slow the growth of SAP demand. 

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the super absorbent polymer market. In 2018, the market of super absorbent polymer has been consolidated by the top five players accounting for xx% of the share. Major players in the Super Absorbent Polymer Market are BASF, Nippon Shokubai Co. Ltd., Formosa Plastics Corporation, LG Chemcial, Sumitomo Seika Chemcials Co. Ltd., SDP Global Ltd, Songwon Industrial Co. Ltd., KAO Corporation, Evonik Industries AG, and Yixing Danson, among others. 

Acquisitions/Technology Launches

In May 2019, Nippon Shokubai and Sanyo Chemical Industries announced that considering merging into a single company with annual sales of approximately $4.7 billion and being the 11th largest chemical company in Japan. Shokubai is one of the largest superabsorbent polymer producers in the world, used in disposable diapers. Sanyo also produces superabsorbent polymers and over 3,000 quality chemicals, some of which rely on Shokubai's raw materials.

1. Super Absorbent Polymer Market - Overview
        1.1 Definitions and Scope
2. Super Absorbent Polymer Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Super Absorbent Polymer Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Super Absorbent Polymer Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Super Absorbent Polymer Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Super Absorbent Polymer Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Super Absorbent Polymer Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Super Absorbent Polymer Market - By Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
            8.3.1 Sodium Polyacrylate
            8.3.2 Polyacrylamide Copolymer
            8.3.3 Others
9. Super Absorbent Polymer Market - By Product Type(Market Size -$Million / $Billion)
10. Super Absorbent Polymer - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
            10.3.1 Personal Care
            10.3.2 Medical
            10.3.3 Agriculture
            10.3.4 Industrial
            10.3.5 Others
11. Super Absorbent Polymer - By Geography (Market Size -$Million / $Billion)
        11.1 Super Absorbent Polymer Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Super Absorbent Polymer- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Super Absorbent Polymer- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Super Absorbent Polymer - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Super Absorbent Polymer - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Super Absorbent Polymer Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Super Absorbent Polymer Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Super Absorbent Polymer Market - Key Company List by Country Premium
15. Super Absorbent Polymer Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 BASF SE
15.3 Evonik Industries AG
15.4 Formosa Plastics Corporation
15.5 KAO Corporation
15.6 LG Chem Ltd.
15.7 Nippon Shokubai Co. Ltd.
15.8 SDP Global Co. Ltd.
15.9 Songwon Industrial Co. Ltd.
15.10 Sumitomo Seika Chemicals Co. Ltd.
15.11 Yixing Danson Technology
15.12 Company 11
15.13 Company 12 & More
*Financials would be provided on a best efforts basis for private companies
16. Super Absorbent Polymer Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Super Absorbent Polymer Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global SAP Market By Type Market 2019-2024 ($M)
1.1 Sodium Polyacrylate Market 2019-2024 ($M) - Global Industry Research
1.2 Polyacrylamide Copolymer Market 2019-2024 ($M) - Global Industry Research
2.Global SAP Market By Type Market 2019-2024 (Volume/Units)
2.1 Sodium Polyacrylate Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Polyacrylamide Copolymer Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America SAP Market By Type Market 2019-2024 ($M)
3.1 Sodium Polyacrylate Market 2019-2024 ($M) - Regional Industry Research
3.2 Polyacrylamide Copolymer Market 2019-2024 ($M) - Regional Industry Research
4.South America SAP Market By Type Market 2019-2024 ($M)
4.1 Sodium Polyacrylate Market 2019-2024 ($M) - Regional Industry Research
4.2 Polyacrylamide Copolymer Market 2019-2024 ($M) - Regional Industry Research
5.Europe SAP Market By Type Market 2019-2024 ($M)
5.1 Sodium Polyacrylate Market 2019-2024 ($M) - Regional Industry Research
5.2 Polyacrylamide Copolymer Market 2019-2024 ($M) - Regional Industry Research
6.APAC SAP Market By Type Market 2019-2024 ($M)
6.1 Sodium Polyacrylate Market 2019-2024 ($M) - Regional Industry Research
6.2 Polyacrylamide Copolymer Market 2019-2024 ($M) - Regional Industry Research
7.MENA SAP Market By Type Market 2019-2024 ($M)
7.1 Sodium Polyacrylate Market 2019-2024 ($M) - Regional Industry Research
7.2 Polyacrylamide Copolymer Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
2.Canada Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
3.Mexico Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
4.Brazil Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
5.Argentina Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
6.Peru Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
7.Colombia Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
8.Chile Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
9.Rest of South America Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
10.UK Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
11.Germany Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
12.France Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
13.Italy Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
14.Spain Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
15.Rest of Europe Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
16.China Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
17.India Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
18.Japan Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
19.South Korea Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
20.South Africa Super Absorbent Polymer Market Revenue, 2019-2024 ($M)
21.North America Super Absorbent Polymer By Application
22.South America Super Absorbent Polymer By Application
23.Europe Super Absorbent Polymer By Application
24.APAC Super Absorbent Polymer By Application
25.MENA Super Absorbent Polymer By Application
26.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Evonik Industries AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Nippon Shokubai Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.KAO Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Formosa Plastics Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.LG Chem Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Sumitomo Seika Chemicals Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Songwon Industrial Co. Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Yixing Danson Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)