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Redding, California - June 21, 2024

Superabsorbent Polymers Market to be Worth $14.6 Billion by 2031

Superabsorbent Polymers Market Size, Share, Forecast, & Trends Analysis by Type (Sodium Polyacrylate, Polyacrylamide Copolymer), Formulation, Application (Personal Care & Hygiene, Medical, Construction), and Sector (Agriculture, Packaging, Health & Wellness) - Global Forecast to 2031

Meticulous Research^®— a leading global market research company, published a research report titled, ‘Superabsorbent Polymers Market by Type (Sodium Polyacrylate, Polyacrylamide Copolymer), Formulation, Application (Personal Care & Hygiene, Medical, Construction), Sector (Agriculture, Packaging, Health & Wellness), and Geography - Global Forecast to 2031.’

According to this latest publication from Meticulous Research^®, the superabsorbent polymers market is projected to reach $14.6 billion by 2031, at a CAGR of 6.1% from 2024 to 2031.The growth of the superabsorbent polymers market is driven by the rising demand for SAPs in personal care products manufacturing, the increasing adoption of SAPs in agriculture for water management & improved crop yield, and rising awareness about hygiene & healthcare. However, the non-biodegradable nature of superabsorbent polymers restrains market growth.

Furthermore, advancements in bio-based SAPs and the increasing application of SAPs in the oil & gas, food packaging, and agriculture sectors are expected to generate significant growth opportunities for players operating in the superabsorbent polymers market. However, stringent regulations & standards for the use & disposal of SAP products are a major challenge in the superabsorbent polymers market.

Additionally, the growing demand for superabsorbent polymers in smart packaging applications is a prominent trend in this market.

The superabsorbent polymers market is segmented by type (sodium polyacrylate, polyacrylamide copolymer, and other superabsorbent polymers), formulation (powder formulation, granular formulation, and flake formulation), application (personal care & hygiene, packaging & absorbents, self-healing concrete & sealants, medical dressings, soil moisture retention, spill containment, and other applications), sector (agriculture, packaging & industrial, construction & civil engineering, health & wellness, medical, oil & gas, and other sectors), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on type, the superabsorbent polymers market is broadly segmented into sodium polyacrylate, polyacrylamide copolymer, and other superabsorbent polymers. In 2024, the sodium polyacrylate segment is expected to account for the largest share of over 78.0% of the superabsorbent polymers market. The large market share of this segment is attributed to the ability of sodium polyacrylate to absorb much larger quantities of liquids compared to its own mass, its high absorbency & retention capabilities, the growing demand for disposable personal hygiene products, and increasing consumer awareness about hygiene and comfort.

However, the polyacrylamide copolymer segment is projected to register the highest CAGR during the forecast period due to increasing awareness about the benefits of polyacrylamide copolymers in various applications, including wastewater treatment, agriculture, and personal care, the surging demand for enhanced oil recovery techniques, and the rising need for efficient water management and conservation.

Based on formulation, the superabsorbent polymers market is broadly segmented into powder formulation, granular formulation, and flake formulation. In 2024, the granular formulation segment is expected to account for the largest share of the superabsorbent polymers market. Granular formulations allow for a higher surface area-to-volume ratio, enabling more efficient absorption of liquids compared to other forms like powders or flakes. Granules can be manufactured with consistent size and shape, leading to uniform performance in various applications. This uniformity ensures predictable behavior and performance, which is critical for industries like agriculture and hygiene. These benefits of granular formulation contribute to the segment’s large share.

However, the powder formulation segment is projected to register the highest CAGR during the forecast period. Powder formulation offers high surface area-to-volume ratios, which enhances absorption efficiency. This factor is crucial in applications where rapid absorption of liquids is required, such as in hygiene products like diapers and sanitary napkins. Powdered SAP formulations allow for precise control over particle size distribution, chemical composition, and cross-linking density. This flexibility enables manufacturers to tailor SAPs to meet specific performance requirements for different applications. These benefits of powder formulation drive the growth of this segment.

Based on application, the superabsorbent polymers market is broadly segmented into personal care & hygiene, packaging & absorbents, self-healing concrete & sealants, medical dressings, soil moisture retention, spill containment, and other applications. In 2024, the personal care & hygiene segment is expected to account for the largest share of over 67.0% of the superabsorbent polymers market. The large market share of this segment is attributed to the increasing consumer demand for personal care products offering enhanced comfort and convenience, the growing demand for leakage protection and odor control in diapers, adult incontinence products, and feminine hygiene items, and advancements in SAP technologies enabling improved absorption and retention capabilities.

However, the medical dressings segment is projected to register the highest CAGR during the forecast period due to the increasing demand for superabsorbent polymers in the manufacture of advanced wound care products and the growing need to reduce the frequency of dressing changes and minimize disruption in the wound healing process.

Based on sector, the superabsorbent polymers market is broadly segmented into agriculture, packaging & industrial, construction & civil engineering, health & wellness, medical, oil & gas, and other sectors. In 2024, the health & wellness segment is expected to account for the largest share of over 66.0% of the superabsorbent polymers market. The large market share of this segment is attributed to the increasing demand for advanced personal care products with superior absorption and leakage protection properties, the growing emphasis on hygiene and sanitation in healthcare and hygiene applications, rising awareness about the importance of effective wound management and infection prevention, and the high adoption of SAP-based products in adult incontinence care.

However, the medical segment is projected to register the highest CAGR during the forecast period due to the increasing production of medical products with high absorption capacities, the growing use of SAPs in surgical and medical dressings to enhance patient comfort and promote faster healing, the increasing development of biocompatible and biodegradable materials for medical applications, and the growing use of SAPs in drug delivery systems as carriers for controlled and targeted drug release.

Based on geography, the superabsorbent polymers market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, Asia-Pacific is expected to account for the largest share of over 42.0% of the superabsorbent polymers market. Asia-Pacific’s large market share is mainly attributed to the increasing awareness about personal hygiene, the rising adoption of hygiene & healthcare products, and increasing government initiatives promoting personal hygiene, healthcare, and infant care in the region. Also, the increasing adoption of SAPs for medical applications, including wound dressings and disposable medical products, and the rising demand for sustainable and biodegradable personal care products support the region’s large market share.

Moreover, Asia-Pacific is also projected to register the highest CAGR of 7.5% during the forecast period.

Key Players

The key players operating in the superabsorbent polymers market include BASF SE (Germany), Evonik Industries AG (Germany), Nippon Shokubai Co., Ltd. (Japan), Sumitomo Seika Chemicals Co., Ltd. (Japan), LG Chem Ltd. (South Korea), Formosa Plastics Corporation (Taiwan), Sanyo Chemical Industries, Ltd. (Japan), Yixing Danson Technology (China), Songwon Industrial Co., Ltd. (South Korea), San-Dia Polymers Global Co. Ltd. (Japan), Kao Corporation (Japan), Zhejiang Weilong Polymer Material Co., Ltd (China), Quan Zhou Banglida Technology Industry Co., Ltd. (China), Shandong Nuoer Biological Technology Co., Ltd. (China), Wanhua Chemical (Yantai) Sales Co., Ltd. (China), Sinofert Holdings Limited (China), and Ecovia Renewables Inc. (U.S.).

Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5525

Key Questions Answered in the Report:

Which are the high-growth market segments in terms of type, formulation, application, and sector?
What is the historical market size for the superabsorbent polymers market?
What are the market forecasts and estimates for 2024–2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the superabsorbent polymers market?
Who are the major players in the superabsorbent polymers market, and what are their market shares?
What is the competitive landscape like?
What are the recent developments in the superabsorbent polymers market?
What are the growth strategies adopted by major market players?
What are the key market trends, and which are the high-growth countries?
Who are the local emerging players in the superabsorbent polymers market, and how do they compete with the other players?

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Redding, California - June 21, 2024

Superabsorbent Polymers Market to be Worth $14.6 Billion by 2031

Superabsorbent Polymers Market Size, Share, Forecast, & Trends Analysis by Type (Sodium Polyacrylate, Polyacrylamide Copolymer), Formulation, Application (Personal Care & Hygiene, Medical, Construction), and Sector (Agriculture, Packaging, Health & Wellness) - Global Forecast to 2031

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