Global Demand for Hygiene Products to Propel Super Absorbent Polymer Industry to US$ 18.23 billion by 2034

The super absorbent polymer industry is expected to be valued at US$ 10.7 billion by 2024. The valuation of the market is estimated to be US$ 18.23 billion by 2034, projected at a CAGR of 5.40%.

One significant driver for the SAP industry is the augmenting demand for hygiene and personal care products globally. With the surge in hygiene awareness and growing populations, particularly in emerging economies, the demand for these products is expected to drive the growth of the SAP market.

Concerns regarding non-biodegradability and potential pollution pose challenges for market growth, especially in regions where ecological sustainability is a priority. Addressing these concerns and developing eco-friendly alternatives are essential for mitigating this restraint and sustaining market growth.

Despite these challenges, there are significant opportunities for the SAP industry, particularly in agriculture and water management. Bio-based SAP innovations offer manufacturers opportunities to meet the increasing demand for environmentally friendly products and capitalize on emerging market trends.

As environmental concerns gain prominence, there is a growing focus on developing SAPs from renewable and biodegradable sources, such as starch-based polymers or cellulose derivatives. This trend aligns with consumer preferences for eco-friendly products and supports the industrial transition towards sustainability.

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Key Takeaways from the Market Study

• Under application, the disposable diaper segment is accounted to hold a market share of 76.5% in 2024.
• China is expected to register at a CAGR of 6% by 2034.
• India registers significant growth, projected at a CAGR of 8% by 2034.
• Based on the product type, the sodium polyacrylate segment is accounted to hold a market share of 68% in 2024.

“The surge in demand for hygiene and personal care products globally due to the rise in population growth and hygiene awareness, a corresponding surge in the use of disposable diapers, feminine hygiene products, etc. can be seen pushing the super absorbent polymer market,” comments a Future Market Insights analyst.

Competitive Landscape

In the competitive landscape of the super absorbent polymer (SAP) industry, established players dominate with extensive product portfolios and global reach.

Startups innovate with niche solutions, while differentiation through product quality, cost-effectiveness, and sustainability is crucial for success in this dynamic market driven by hygiene and personal care demands.

Key Companies Profiled

• Nippon Shokubai Co., Ltd
• Evonik Industries AG
• BASF SE
• Kao Corporation
• Sumitomo Seika Chemicals Co. Ltd.
• Sanyo Chemicals Industries, Ltd.
• LG Chemicals Ltd
• Yixing Danson Technology
• Zhejiang Weilong Polymer Material Co., Ltd
• Quan Zhou Banglida Technology Industry Co., Ltd.
• Shandong Nuoer Biological Technology Co., Ltd.
• Wanhua Chemical Group Co., Ltd
• Sinofloc Chemical Ltd.
• Formosa Plastic Corporation
• Songwon Industrial Co. Ltd.

Some of the key developments are

• In 2022, Formosa Plastic Corporation announced a significant expansion of its super absorbent polymer (SAP) production capacity to meet growing demand. The development underscored the company’s commitment to meeting market needs and strengthening its position in the SAP industry.
• In 2022, Songwon Industrial Co. Ltd. unveiled a breakthrough innovation in biodegradable SAP technology, offering a sustainable alternative to conventional SAPs. This advancement aligned with the focus on environmental sustainability and positions Songwon as a leader in eco-friendly SAP solutions.

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More Valuable Insights Available

Future Market Insights offers an unbiased global super absorbent polymer market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034

To understand market opportunities, the super absorbent polymer market is segmented based on Product (Sodium Polyacrylate, Polyacrylamide Copolymer, Others), Application (Disposable Diapers, Adult Incontinence Products, Feminine Hygiene Products, Agriculture Products, Others) and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, Middle East and Africa)

Key Segments

By Product:

• Sodium Polyacrylate
• Polyacrylamide Copolymer
• Others

By Application:

• Disposable Diapers
• Adult Incontinence Products
• Feminine Hygiene Products
• Agriculture Products
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• South Asia and Pacific
• East Asia
• Middle East and Africa

About the Chemicals and Materials at Future Market Insights

The chemicals and materials team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one billion+ data points, the team has analyzed the industry lucidly in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.