The report “Super Absorbent Polymers (SAP) Market by Type (Sodium Polyacrylate, Polyacrylate/Polyacrylamide, Copolymers), Application (Personal Hygiene, Agriculture, Medical, Industrial, Packaging, Construction, Oil & Gas), Region – Global Forecast to 2026″, size is projected to grow from USD 9.8 billion in 2021 to USD 13.1 billion by 2026, at a CAGR of 5.9% between 2021 and 2026. Super absorbent polymer is a special class of polymer which possess hydrophilic networks that can hold or absorb huge volumes of aqueous solution or water. Earlier superabsorbent was made from chemically modified starch along with cellulose and other polymers like polyvinyl alcohol (PVA) and polyethylene oxide (PEO), all of them are hydrophilic in nature and possess high affinity for liquid. Super absorbent polymer have unique cross-linked structure due to which they become water swell able but not water soluble. They find wide application scope in numerous end use industries such as food packaging, personal care, agriculture, building & construction, and others.
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• 224 Market data Tables
• 51 Figures
• 190 Pages and in-depth TOC on “Super Absorbent Polymers (SAP) Market – Global Forecast to 2026”
Some of the prominent key players are:
· Nippon Shokubai (Japan)
· BASF (Germany)
· Evonik (Germany)
· Sumitomo (Japan)
· LG Chem (South Korea)
· SDP Global (Japan)
· Formosa (Taiwan)
Opportunity: Development of bio-based super absorbent polymers
In the current market scenario, conventional super absorbent polymers used are non-biodegradable and account for a large share of landfills globally. Hence, 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. For instance, in 2017, Ecovia Renewables Inc. (US) has made research grants for the development of biopolymers materials for use in diapers.
Agriculture is projected to register the highest CAGR during the forecast period.
The demand for SAP in the agriculture applications is increasing due to its water retention property coupled with water scarcity globally. The Ministry of Agriculture of China has overseen significant public investment in water, land, and technology to boost the agricultural sector. In 2011, China invested approximately USD 630 billion for water conservation during the period 2012-2020, which have enhance the usage of superabsorbent polymers in the country.
The APAC region leads the super absorbent polymers market in terms of volume.
APAC is the 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 industrial growth, and changing lifestyle. 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.
