The super absorbent polymer is a unique class of polymers that have hydrophilic networks capable of storing and absorbing significant quantities of aqueous solution or water. Earlier superabsorbent was manufactured from chemically engineered starch, and cellulose and other polymers such as polyvinyl alcohol (PVA) and polyethylene oxide (PEO) hydrophilic and have a robust liquid affinity. Today, superabsorbent polymers are manufactured using three main methods: gel polymerization, suspension polymerization, or solution polymerization. Each method has its respective benefits, but all of them achieve a consistent standard of the product. The superabsorbent polymer has historically been used as personal care products, with the first consumer implementations launched for nursing homes as 1978 as feminine napkins and sterile bed liners. Superabsorbent polymer is used in fire safety during renovation and may stabilize cement and create self-healing.
The global Super Absorbent Polymers market reached is likely to reach USD 12,665 million by the end of 2026 by registering a CAGR of over 6% across the globe. It is attributed to the accelerating awareness towards personal health and hygiene, which is expected to boost the global SAP market at a significant rate. In addition, the rising demand for fluff-less diapers across the globe is further projected to drive the global market.
The rising demand for fluff-less diapers is estimated to propel the global market during the forecasted period of 2020-2026 at a significant rate. The fluff-less diaper has a nucleus of superabsorbent polymer that is fused in two layers. The packaging nature is such that it may contain more liquid to maximize volume by splitting the bonds, which is projected to accelerate the global super absorbent polymer market.
The increasing usage of superabsorbent polymer in the agricultural applications is predicted to propel the market over the forecasted period of 2020-2026 across the globe at a significant rate. Superabsorbent Polymers used throughout agriculture are often prepared by solvent or suspension polymerization from acrylic acids and a crosslinking agent, including potassium. SAP has a high absorption capacity in saline and challenging water conditions in the agricultural application estimated to propel the market
The fluctuating price of raw materials is expected to hamper the global superabsorbent polymer market during the forecasted period of 2020-2026 at a significant rate. Several leading players across USA and China hike the price of USD 200 per metric ton on a global basis in 2019-2020, which is expected to increase the raw material and limit the supply of superabsorbent polymer. In addition, they concentrate on the achievement of initial price changes for SAP, as well as on increasing premiums for raw materials, including acrylic acid and caustic soda, and on improvements in other costs along with distribution costs, which projected to create an obstacle in the growth of the global market.
Figure: Opportunity Attractiveness Index
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Based on Type, the Super Absorbent Polymers market is segmented into Polyacrylamide Copolymer, Sodium Polyacrylate, and Others. The Sodium Polyacrylate segment is estimated to hold the largest share during the forecasted period of 2020-2026 across the globe. It is attributed to the focus on effective irrigation management, which is projected to accelerate the market. In addition, increasing the adoption of eco-friendly products coupled with the use of super absorbent polymers in agricultural applications is anticipated to boost the market.
Based on Application, the Global Super Absorbent Polymers market bifurcates into Personal Care, Medical, Building and Construction, Agriculture, and Food Packaging. The personal Care segment further bifurcated into Diapers, Adult incontinent products, Feminine Hygiene, Dietary Supplements, Breakfast Cereals, and Others (Pet Pads, Water Abortion Pads, Cosmetics). The personal care segment is estimated to dominate the market over the forecasted period of 2020-2027 across the region. This is attributed to the increasing awareness among the consumers towards personal hygiene, which is projected to drive the market. In addition, The Diapers segment in the Personal Care segment is expected to hold the largest share during the forecasted by 2027 due to the rising population across the region.
By geography, the global Super Absorbent Polymers market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region is expected to have the fastest growth rate during the forecasted period of 2020-2067 across the globe owing to the rising government initiatives in research and development activities in the Super Absorbent Polymers market. Additionally, China is among the world’s top buyers of personal hygiene products. The country’s demand for personal hygiene items is due to an increasing number of child children and a rise in disposable income, contributing to increased personal and hygiene care expenditure, which is further expected to fuel the Asia Pacific superabsorbent polymers market at a considerable rate.
Companies such as BASF SE, Evonik Industries Ag., Sumitomo Seika Chemicalsco Ltd., LG Chem, Kao Corporation, Chemtex Specialty Limited, SDP Global, Formosa Plastic Corporation, Nippon Shokubai Co. Ltd, Wanhua Chemical Group Company Ltd, and Other Prominent Players are the key players in the global Super Absorbent Polymers market.